Thinklab Group implements new national minimum wage 

Thinklab Group Limited has taken a significant step towards prioritising employee welfare by implementing the new National Minimum Wage across its organisation. The Group Managing Director, Dr. Babagana Mohammed made this known at the Executive Management Meeting held at the Head Office in Abuja.

Dr. Babagana stated that the company’s decision demonstrates its commitment to fair compensation, enhanced workforce satisfaction, and economic stability, noting that by adopting the new National Minimum Wage, Thinklab Group Limited will ensure all employees receive fair
compensation for their contributions, reflecting the company’s recognition of its employees’ value and dedication.
He disclosed that the introduction of the new minimum wage brings numerous benefits, including improved financial security and job satisfaction for employees, increased productivity and motivation, reduced employee turnover and recruitment costs, and enhanced organisational stability.
The Group Managing Director added that Thinklab Group’s decision also contributes to a healthier economy by reducing income inequality, increasing purchasing power and demand for goods and services, and stimulating local businesses and economic growth.
He further stated that as an industry leader, Thinklab Group sets an exemplary standard for other private organisations, believing that adhering to the National Minimum Wage is a moral obligation
that inspires others to follow suit and creates a positive impact on the labour market.