Inflation erodes private sector workers’ wages

A shopper picks maize flour at a store. The cost of flour hit Sh150 per 2kg packet due to grain shortage. file photo | nmg

Private sector workers in reality earned less in 2016 than the 2015 take-home pay as employers kept annual wage increases below the rise in the cost of living, official data indicates.

The Economic Survey 2017 released on Wednesday showed that a private sector worker earned Sh52,444 per month on average, an increase of 5.7 per cent or Sh2,843 a month over the 2015  take-home pay.

PAYE Tax Calculator

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