Sequel to Finance Minister’s Initiative: Multilac and Macktiles Group gives the lead for salary increase of Rs. 5,000 to private sector employees

05 January 2022

Macksons Holdings, manufacturers of Multilac, Macktiles and a conglomerate of building materials yesterday announced a minimum per head salary increment of LKR 5000 upwards for the entire workforce across the group.

The increment came hours after the Government announced that state sector workers would be given a Rs 5000 pay hike and was made in keeping with the request made by the Minister of Finance Basil Rajapaksa.

Group CEO Shimmer Milfer, it is the responsibility of every employer to prioritise the needs and wellbeing of their employees during these difficult and uncertain times.

Macksons Holdings has over 3,000 employees and since the outbreak of the COVID-19 pandemic, the Company has taken measures to ensure that the welfare of the workers.

Multilac is also the first paint brand in Sri Lanka to have obtained the Green Label Certification and have also been certified as lead-safe, by the IPEN Institute of America. They are the only company in Sri Lanka and one of the first three companies in the world to be certified, as lead safe by a prestigious institution such as IPEN USA.

In addition to its popular paint company, which is among the top paint manufacturers in the country and also Sri Lanka’s largest paint exporter under the brand name ‘Multilac’, Macksons Holdings is also the market leader in the general hardware segment with Mans Lanka and Macks Marketing.

These business entities cater to every nook and corner of the country by distributing popular brands such as Chillington Crocodile Mammoties, MEN Power Tools, Morse Hacksaw Blades, Valencia locks, Pakfans, Tramontina Tools, Bajaj electricals, Glitorium locks, Ford generators and over 10,000 varieties of hardware products sourced globally.

The company also manufactures tiles under the brand name Macktiles and contributes immensely to the local economy by reducing the outflow of foreign exchange with the local production quality Sri Lankan origin tiles.

As a homegrown conglomerate our DNA is to add value to our Sri Lankan origin products and upgrade the living standards of our employees.

Originally published by ADA Derana Business: “Sequel to Finance Minister’s Initiative: Multilac and Macktiles Group gives the lead for salary increase of Rs. 5,000 to private sector employees.” available here

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