The Salaries and Remuneration Commission (SRC) projects a sharp fall in counties’ wage-bill-to-revenue ratio to 35.38 per cent in the third quarter of the 2024/2025 financial year, down from 43.34 per cent in the previous quarter.
The national government’s ratio is also expected to drop to 26.46 per cent from 28.02 per cent over the same period, according to the commission’s Third Quarter Wage Bill Bulletin released on Monday, September 8.