Firms ‘stepped up hiring ahead of curbs’

Jobseekers in Nairobi. FILE PHOTO | NMG

Kenyan private firms stepped up hiring at lower pay in March as they sought to clear work a backlog had been growing since November and build future stocks ahead of a fresh lockdown on five counties, a monthly suggested yesterday.

Findings of Stanbic Bank Kenya’s Purchasing Managers Index (PMI) — a measure of month-on-month private sector activity — suggested yesterday employers cut average salaries for workers for the fifth month in a row.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.