Ghana’s workforce is predominantly employed by the informal sector. This sector of our economy is largely made up of Small-and Medium scale Enterprises (SMEs) and sole proprietorships (“one man business”). This is confirmed by available data from the Registrar General’s Department which indicates that 90% of companies registered in Ghana are SMEs. Over time, this target group has been identified as the catalyst for economic growth, serving as the major source of income and employment for many Ghanaians.
What happens when we embark on an employment relationship? I believe that there is an exchange of value. People are an organisation’s most important asset – it's human capital.