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Minimum Wage – Sri Lanka

The current minimum wage in Sri Lanka is LKR12,500.00 per month in 2023. It became valid on August 16, 2021.
  • Valid on february 2023

Working hours

  • Overtime is paid at One and Half times the normal hourly rate of wage.
    Holiday pay for work on weekends (Sundays) and public holidays is paid for at a higher rate 1 1/2 times the daily rate or double the rate of remuneration.

Definitions

Bonuses e.g. project, attendance, festival would vary from company to company.

Wages per month are calculated as 4.33 times if a weekly wage is defined. It is calculated as 4.33 times the standard hours per week if an hourly wage is given.

Source

According to legislation to be presented in Parliament shortly, the national minimum monthly wage for all workers in any industry or service will be Rs. 10,000, while the national minimum daily wage of a worker will be Rs. 400. Once the law is enacted, it will be mandatory for employers in all industry or service to pay the national minimum wage which should be the wage of a worker after deduction of all contributions of whatsoever nature. The law will come into operation with retrospective effect from January 1, 2016.

More information is available at

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