{"id":645333,"date":"2017-07-18T03:44:47","date_gmt":"2017-07-18T03:44:47","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/18\/government-to-sign-private-sector-non-binding-raise-agreement-today\/"},"modified":"2017-07-18T03:44:47","modified_gmt":"2017-07-18T03:44:47","slug":"government-to-sign-private-sector-non-binding-raise-agreement-today","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/18\/government-to-sign-private-sector-non-binding-raise-agreement-today\/","title":{"rendered":"Government to sign private-sector non-binding raise agreement today"},"content":{"rendered":"

<\/a> Government to sign non-binding agreement on private-sector raises today: <\/strong>Prime Minister Sherif Ismail will ink today a non-binding agreement with business associations on a 10% hardship raise<\/a> for private-sector workers, the deputy head of the Federation of Egyptian Chambers of Commerce Mohamed El Fayoumy said on Monday, according to Al Masry Al Youm<\/a>. The House of Representatives\u2019 majority Support Egypt Coalition had reached an agreement last week with Labor Minister Mohamed Saafan to give private-sector employees 10% raises of at least EGP 165 and at most EGP 330 a month starting July. Saafan had explained that the raise is non-binding, asking businesses to do it in the spirit of corporate social responsibility. Raises given earlier this year count toward the 10%,<\/strong> El Fayoumy said, but standard annual raises do not. Companies facing financial difficulties will also be \u201cexempt\u201d from the raise, according to MP Gebaly El Maraghy, who heads the House of Representatives\u2019 Manpower Committee. El Maraghy said that the new Labor Act will include clauses to guarantee these rights for private-sector employees<\/strong> and avoid having to jump through the same hoops in the future to decree a raise.<\/p>\n","protected":false},"excerpt":{"rendered":"

Government to sign non-binding agreement on private-sector raises today: Prime Minister Sherif Ismail will ink today a non-binding agreement with business associations on a 10% hardship raise for private-sector workers, the deputy head of the Federation of Egyptian Chambers of Commerce Mohamed El Fayoumy said on Monday, according to Al Masry Al Youm. The House […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-645333","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"9dfaf959-37a7-495f-8309-08d5a7c8422a","order":"0","is_powered_by":true,"section_story_id":"65f5f301-0dbc-4629-a30e-8dc71595277a","story_type":"1","photo_url":"","photo_position":"above","related_issue":[645325],"teaser":"","voice_url":""},"yoast_head":"\nGovernment to sign private-sector non-binding raise agreement today - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/18\/government-to-sign-private-sector-non-binding-raise-agreement-today\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Government to sign private-sector non-binding raise agreement today\" \/>\n<meta property=\"og:description\" content=\"Government to sign non-binding agreement on private-sector raises today: Prime Minister Sherif Ismail will ink today a non-binding agreement with business associations on a 10% hardship raise for private-sector workers, the deputy head of the Federation of Egyptian Chambers of Commerce Mohamed El Fayoumy said on Monday, according to Al Masry Al Youm. The House […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/18\/government-to-sign-private-sector-non-binding-raise-agreement-today\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-07-18T03:44:47+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/18\/government-to-sign-private-sector-non-binding-raise-agreement-today\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/18\/government-to-sign-private-sector-non-binding-raise-agreement-today\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Government to sign private-sector non-binding raise agreement today\",\"datePublished\":\"2017-07-18T03:44:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/18\/government-to-sign-private-sector-non-binding-raise-agreement-today\/\"},\"wordCount\":192,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/18\/government-to-sign-private-sector-non-binding-raise-agreement-today\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/18\/government-to-sign-private-sector-non-binding-raise-agreement-today\/\",\"name\":\"Government to sign private-sector non-binding raise agreement today - 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Saafan will also hold a press conference after the signing to outline the\u2026","rel":"","context":"In "Egypt Politics + Economics"","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":645397,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/19\/private-sector-raise-could-become-mandatory\/","url_meta":{"origin":645333,"position":1},"title":"Private sector raise could become mandatory?","author":"enterpriseam admin","date":"19 July 2017","format":false,"excerpt":"Private sector raise could become mandatory? Business associations signed on Tuesday the initiative that would see 18 mn private sector employees receive a 10% hardship raise, AMAY reports. The raise was set at a minimum EGP 165 and maximum EGP 330 a month and companies are being asked to \u201cvoluntarily\u201d\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":645217,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/16\/what-were-tracking-on-16-july-2017\/","url_meta":{"origin":645333,"position":2},"title":"What we\u2019re tracking on 16 July 2017","author":"enterpriseam admin","date":"16 July 2017","format":false,"excerpt":"Happy Sunday morning. We hope you had as relaxing a weekend as we did. Depending on how you see things, there are seven more weekends left in summer. 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The raise, which had been proposed last month under a non-binding initiative between the government and\u2026","rel":"","context":"In "Egypt Politics + Economics"","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":642418,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/14\/manpower-minister-says-hes-mulling-a-hike-in-the-mandatory-private-sector-minimum-wage-to-egp-2000-a-month\/","url_meta":{"origin":645333,"position":4},"title":"Manpower minister says he\u2019s mulling a hike in the mandatory private-sector minimum wage to EGP 2,000 a month","author":"enterpriseam admin","date":"14 August 2017","format":false,"excerpt":"New mandatory minimum wage coming to private sector? 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