{"id":446930,"date":"2011-06-24T09:03:13","date_gmt":"2011-06-24T09:03:13","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/06\/24\/ghana-airports-company-says-increase-of-staff-salary-threatens-future-expansion\/"},"modified":"2011-06-24T09:03:13","modified_gmt":"2011-06-24T09:03:13","slug":"ghana-airports-company-says-increase-of-staff-salary-threatens-future-expansion","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/06\/24\/ghana-airports-company-says-increase-of-staff-salary-threatens-future-expansion\/","title":{"rendered":"Ghana Airports Company says increase of staff salary threatens future expansion"},"content":{"rendered":"<div readability=\"92.1739369905\">\n<p>You Are Here: <a href=\"http:\/\/www.ghanabusinessnews.com\">Home<\/a> \u00bb <a href=\"http:\/\/www.ghanabusinessnews.com\/category\/general-news\/\" title=\"View all posts in General News\" rel=\"category tag\">General News<\/a> \u00bb Ghana Airports Company says increase of staff salary threatens future expansion<\/p>\n<div>\n<p><span>Page last updated at Friday, June 24, 2011 9:09 AM \/\/ <\/span><\/div>\n<div readability=\"7\"><a href=\"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2009\/02\/kotoka-airport.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-4403\" title=\"kotoka-airport\" src=\"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2009\/02\/kotoka-airport.jpg\" alt=\"\" width=\"248\" height=\"210\" \/><\/a><\/p>\n<p>The Kotoka International Airport<\/p>\n<\/div>\n<p>The Ghana Airports Company Limited (GACL) has said the cost of taking care of salaries and other employee costs currently stands at 38 per cent of the company\u2019s revenue.<\/p>\n<p>This, according to the GACL, has serious implications for the generation of surplus revenue to fund the numerous projects of the company.<\/p>\n<p>The Board Chairman of the Company, Mr George Kuntu Blankson, speaking at a press conference in Accra, said despite the financial challenges, the company is committed to giving its staff adequate training in areas that would support the company\u2019s business strategy.<\/p>\n<p>He said the press conference was held to throw light on management\u2019s position over recent staff agitation for upward adjustment in wages and salaries.<\/p>\n<p>Mr Blankson said the workers had asked for a 25 per cent salary adjustment but management had tabled a five per cent adjustment because of the financial state of the company. He indicated that the company needs the money to expand facilities at the Kotoka International Airport (KIA) to accommodate the influx of more and new airlines.<\/p>\n<p>He said management is disappointed that workers hoisted red flags last week in protest without taking into consideration the future plans of the company.<\/p>\n<p>According to Mr Blankson, after the break-up of the Civil Aviation Authority into the Ghana Civil Aviation Authority and the Ghana Airports Company Limited, the company has been facing financial challenges as it took over staff of about 645 coupled with the fact that it has become liable for the payment of accrued staff benefits and the payment of some GH\u00a21,386,305.20 as long service awards to 174 staff members.<\/p>\n<p>Meanwhile, the company, as part of its future plans, is expected to re-model the entire terminal building of the KIA to ease traffic as this will provide seven aerobridges to facilitate boarding of passengers.<\/p>\n<p>Other projects to be undertaken include the upgrading and expansion of the domestic terminal for international operation, refurbishment of washroom facilities at the KIA and the construction of an airport business centre.<\/p>\n<p>By Eunice Menka<\/p>\n<div readability=\"26\">Ghana Airports Company says increase of staff salary threatens future expansion<\/p>\n<p>The Ghana Airports Company Limited (GACL) has said the cost of taking care of salaries and other employee costs currently stands at 38 per cent of the company\u2019s revenue.<br \/>This, according to the GACL, has serious implications for the generation of surplus revenue to fund the numerous projects of the company.<br \/>Board Chairman of the Company, Mr George Kuntu Blankson, speaking at a press conference in Accra, said despite the financial challenges, the company is committed to giving its staff adequate training in areas that would support the company\u2019s business strategy.<br \/>He said the press conference was held to throw light on management\u2019s position over recent staff agitation for upward adjustment in wages and salaries.<br \/>Mr Blankson said the workers had asked for a 25 per cent salary adjustment but management had tabled a five per cent adjustment because of the financial state of the company. He indicated that the company needs the money to expand facilities at the Kotoka International Airport (KIA) to accommodate the influx of more and new airlines.<br \/>He said management is disappointed that workers hoisted red flags last week in protest without taking into consideration the future plans of the company.<br \/>According to Mr Blankson, after the break-up of the Civil Aviation Authority into the Ghana Civil Aviation Authority and the Ghana Airports Company Limited, the company has been facing financial challenges as it took over staff of about 645 coupled with the fact that it has become liable for the payment of accrued staff benefits and the payment of some GH\u00a21,386,305.20 as long service awards to 174 staff members.<br \/>Meanwhile, the company, as part of its future plans, is expected to re-model the entire terminal building of the KIA to ease traffic as this will provide seven aerobridges to facilitate boarding of passengers.<br \/>Other projects to be undertaken include the upgrading and expansion of the domestic terminal for international operation, refurbishment of washroom facilities at the KIA and the construction of an airport business centre.<\/p>\n<p>By Eunice Menka<\/p>\n<\/div>\n<h4>Comments<\/h4>\n<\/div>\n<p>Visit link:<br \/>\n<a target=\"_blank\" href=\"http:\/\/www.ghanabusinessnews.com\/2011\/06\/24\/ghana-airports-company-says-increase-of-staff-salary-threatens-future-expansion\/\" title=\"Ghana Airports Company says increase of staff salary threatens future expansion\" rel=\"noopener noreferrer\">Ghana Airports Company says increase of staff salary threatens future expansion<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> You Are Here: Home \u00bb General News \u00bb Ghana Airports Company says increase of staff salary threatens future expansion Page last updated at Friday, June 24, 2011 9:09 AM \/\/ The Kotoka International Airport The Ghana Airports Company Limited (GACL) has said the cost of taking care of salaries and other employee costs currently stands at 38 per cent of the company\u2019s revenue. This, according to the GACL, has serious implications for the generation of surplus revenue to fund the numerous projects of the company. The Board Chairman of the Company, Mr George Kuntu Blankson, speaking at a press conference in Accra, said despite the financial challenges, the company is committed to giving its staff adequate training in areas that would support the company\u2019s business strategy<\/p>\n","protected":false},"author":0,"featured_media":446079,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":{"0":"post-446930","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-local-news"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ghana Airports Company says increase of staff salary threatens future expansion - Ghanamma.com<\/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:\/\/www.ghanamma.com\/2011\/06\/24\/ghana-airports-company-says-increase-of-staff-salary-threatens-future-expansion\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Ghana Airports Company says increase of staff salary threatens future expansion - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"You Are Here: Home \u00bb General News \u00bb Ghana Airports Company says increase of staff salary threatens future expansion Page last updated at Friday, June 24, 2011 9:09 AM \/\/ The Kotoka International Airport The Ghana Airports Company Limited (GACL) has said the cost of taking care of salaries and other employee costs currently stands at 38 per cent of the company\u2019s revenue. 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