Sarah Serem Predicts Sh650 Billion Wage Bill Rise by End of 2018

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    Kenya’s annual wage bill is expected to rise to Sh650 billion by the end of 2018, the Salaries and Remuneration Commission has said.
    Sarah Serem, whose team is preparing to leave office by December 15, reported on Tuesday that this is equivalent to an annual 11 percent increase.
    She said the bill had increased to Sh627 billion from Sh465 billion in 2012/13 and is expected to rise to Sh650 billion by 2018.
    The chairperson noted the medium-term target is below seven percent of the GDP but that it currently stands at nine percent, which is still high.
    Serem said the commission has delivered on its mandate of job evaluation of public servants despite “devastating challenges’.
    She reported that for the last six years, they have managed to develop a remuneration and benefits policy to ensure fair pay consideration.
    “The broad objective is to promote a wage bill that is affordable and sustainable. We can confidently say that through this policy, we have managed to temporarily freeze a wage increase.”