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Cabinet's Update on Salary and Bonuses
The Cabinet has approved the system for the National Wage Council, which is responsible for setting the minimum wage across all sectors nationwide and balancing the interests of both employers and employees. The system also includes periodic reviews of these limits based on economic and social developments. Additionally, it establishes rules for an annual periodic bonus, examines the wage structure, and prepares recommendations for revisiting current policies. The council is chaired by a designated committee that oversees the implementation of its decisions. Meetings are held at least every six months, aiming to improve wage conditions and achieve a balance between workers and employers.
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