Kenya Revenue Authority (KRA) is planning to review its workers pay to help boost its attractiveness in the job market amid the broad competition for top talent.
KRA has approximately 8,700 employees and is seeking to recruit thousands of new employees within the next two years to boost revenue collection.
Moreover, in its recruitment drive, KRA sought to recruit 2,196 new employees in the fiscal year to June 2022 but managed to employ about 750.
Additionally, the taxman plans to hire 2,203 new employees in fiscal 2022/23 and another 2,205 in the fiscal year starting July next year.
The Kenya Revenue Authority said it will review salary structure and develop a compensation package which will allow it to attract and retain top talent for high-demand jobs.
Furthermore, the tax agency wants to benchmark its pay against similar entities that it competes with for talent in a bid to stay ahead of the competition.
“As part of its strategy to attract, retain and motivate competent staff for enhanced productivity and quality service delivery, and in view of the dynamic job market, the Authority would like to review its compensation package with a view to determine competitive remuneration to its staff,” KRA said.
Likewise, to boost its performance, KRA is looking to align its compensation structure with the market forces and be up to date with labour demands.
Moreover, the new pay structure will provide salaries in keeping with the assigned duties.
Nonetheless, the move by KRA comes at a time when competition for talent is heating up across many sectors of the economy.
Also Read: IRA: Insurance Premiums Increase to Ksh 163 Billion
For instance, global tech giants such as Google, Facebook, Amazon, and Microsoft have upended smaller tech firms that are losing talent to the companies.
Similarly, President William Ruto placed KRA at the centre of his plans to collect higher revenues to expand the tax base.
