Minimum Wage Applied by Fenaka

Fenaka has implemented the minimum wage by the Ministry of Economic Development with reference to policy no: 2/2008 (employment act) section 59: order establishing minimum wage or remuneration.

The minimum wage was established on 8 November 2021, to be effective from 1^st January 2022. It was to be implemented based on business classification. The objective of this is to stimulate growth and promote inclusive growth while ensuring that the livelihood of the Maldivian workforce is improved.

Below shows a depiction of Fenaka’s salary before and after the implementation of minimum wage.

Fenaka is a state-owned utility company providing electricity, water, and sewerage to over 150 inhabited islands in the Maldives. They believe in high standardization to ensure high quality and safe utility services to everyone. They also work towards increasing their power generation capacity from solar energy through positive partnerships.