Sharp Daily
  • News
  • Business
  • Technology
  • Real Estate
  • Opinion
  • About Us
No Result
View All Result
Sharp Daily
  • News
  • Business
  • Technology
  • Real Estate
  • Opinion
  • About Us
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Kenyans face payslip hit as government proposes injury compensation fund

Brian Murimi by Brian Murimi
April 18, 2024
in News
Reading Time: 1 min read

Kenyan workers are set to see a new deduction on their paychecks if a proposed workers’ compensation bill becomes law.

The Workers’ Compensation Fund Bill 2024 aims to establish a mandatory government-run fund to provide benefits for employees who suffer work-related injuries or illnesses.

Under the draft legislation, all employers in both the private and public sectors would be required to contribute a percentage of their workers’ wages to the new Workers’ Compensation Fund.

The bill states that the fund’s sources will include “employers’ mandatory contributions” as well as government appropriations and other revenue streams.

RELATEDPOSTS

Is your money safe in a Money Market Fund?

October 28, 2026

Stablecoins Move Beyond Trading as Digital Payments Enter a New Era

October 5, 2026

“The objectives of this Act shall be to provide for adequate and equitable compensation for employees who suffer occupational injuries or contract occupational diseases,” the bill outlines. It also seeks to establish a framework for “the effective, prompt and empathetic consideration, settlement and payment of compensation benefits.”

The proposed legislation would apply broadly, covering all workers including those employed on a contract basis or temporary deployment. However, it would exclude members of the Kenyan Defence Forces.

“Any reference in this Act to worker who has been injured shall, when the worker is dead, include a reference to the worker’s representative or dependants or to any other person to whom or for whose benefit compensation is payable,” the bill states.

“This Act shall apply to employers in all private and public sectors, including cooperatives, clubs, groups or any association of persons,” the legislation reads.

The Workers’ Compensation Fund Bill 2024 is currently out for public participation before being considered by Kenya’s parliament. If passed into law, the new payroll deduction could have significant implications for both employees and employers across the country.

Previous Post

June Moi to be buried in Nakuru today

Next Post

Easy Coach bus driver appears in court following fatal Kisumu-Kakamega highway accident

Brian Murimi

Brian Murimi

Brian Murimi is a communications and advocacy professional with a focus on innovation, policy and continental development in Africa. A former journalist, he now works at the intersection of knowledge, strategy, and pan-African institution building.

Related Posts

News

Fintech Integration and Financial Inclusion

October 30, 2026
News

The Taxman Is Coming for Your M-Pesa Till: Inside KRA’s Reverse Invoicing Play

October 30, 2026
Business

Quickmart IPO secures kSh 7.12 billion in global commitments

October 30, 2026
News

Nairobi-Thika Expressway Groundbreaking Expected Within Two Months

October 29, 2026
Business

Kenya’s inflation rises to 6.8% as cost of living pressures persist

October 29, 2026
News

The NSE Bull Run: Sustainable Re-rating or Speculative Euphoria?

October 29, 2026

LATEST STORIES

Fintech Integration and Financial Inclusion

October 30, 2026

The Taxman Is Coming for Your M-Pesa Till: Inside KRA’s Reverse Invoicing Play

October 30, 2026

Bonds in your pension and when they make sense

October 30, 2026

Quickmart IPO secures kSh 7.12 billion in global commitments

October 30, 2026

Kylian Mbappé Faces Backlash in China After Mao Zedong Remarks Cost Him Sponsorship Deals

October 30, 2026

Bayern Munich and Ajax Set for Kenya Showdown as Ruto Announces Talanta Stadium Opening

October 30, 2026

Nairobi-Thika Expressway Groundbreaking Expected Within Two Months

October 29, 2026

Kenya’s inflation rises to 6.8% as cost of living pressures persist

October 29, 2026
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • News
  • Business
  • Technology
  • Real Estate
  • Opinion
  • About Us

Sharp Daily © 2024