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Companies raise workers’ pay on easing infections
Monday June 07 2021
The falling infections, coupled with the rising uptake of vaccinations sparked renewed demand for goods and services, prompting firms to increase output and hiring. PHOTO | AFP
By CONSTANT MUNDA
Salaries in Kenya’s private sector showed a month-on-month improvement for the first time in seven months as firms sought to motivate workers after the deadly third wave of coronavirus infections eased, a closely-watched survey suggests.
A majority of employers in key sectors of the economy such as agriculture, manufacturing, construction and services indicated they increased pay in May, according to findings of Stanbic Bank Kenya’s #ticker:SBIC Purchasing Managers Index (PMI).