Host of Newfile on Joy News/Fm, Lawyer Sampson Lardi Anyenini has exposed executives of State-Owned Enterprises for the incredulous allowances they receive besides their probably very fat monthly salaries.
The allowances cover holidays for entire families both internal and external to an inconvenience allowance of GH¢500 per day.
This has prompted questions about what they actually do with the monthly salaries they receive and make people wonder if these executives even need to be paid salaries at all.
Find below the list of allowances for these executive officers.
1. Holiday facilities, both internal and external holidays, for not more than six persons, not more than three rooms, and for not more than five nights per year in Ghana or elsewhere, exclusive of annual.
2. Retirement package is calculated at 12% of the gross salary which is to be set aside by the employer.
3. Parting gift includes one top-of-the-range multimedia laptop of your choice with accessories.
4. If you have been at post for more than two years, you get an additional gift valued at 50% of one month’s gross salary.
5. If you have been at post for two to four years you get an additional gift valued at one month’s gross salary.
6. If you have been at post for over 4 years you get an additional gift valued at two month’s gross salary, the official saloon vehicle that you have been using will remain yours or you can procure at a discount of 50%.
There are also end of service benefits for these state-owned enterprise managers:
1. Four months gross salary at the point of disengagement for every calendar year.
2. Benefit of a housing loan of about GH¢6,000.
3. Home enhancement loan of about GH¢2,000.
4. Travel per diem of $1,500
5. Salary increases to be at 20%
6. Medical care for spouse and children up to 21 years onwards
7. Mandatory full medical examination yearly abroad
8. Free medical care after retirement for spouse and children up to 21 years
9. Allowance for a replacement for eye lenses GH¢1,000 yearly
There is also an out out-of-station allowance where accommodation and meals will be provided, an inconvenience allowance of ¢500 per day.
Others are funeral grants and donations.
Special allowance including, household allowance.
Utility subsidy, Responsibility allowance- GH¢1,500 a month
Entertainment allowance- GH¢1,500 a month
Satellite TV connection on DStv GH¢500 a month
Security guards 2 personnel at night and 1 during the day.
An Official vehicle
Vehicle loan
Executive saloon car
Driver
Vehicle Maintenance Allowance GH¢1,000 per month
Clothing allowance of GH¢10,000 etc.
Inconvenience Allowance GH¢500 per day
Source: Samson Lardy Anyenini