Minimum wage to rise to €380 per month, Labour Ministry says

THE LABOUR Ministry is proposing a rise in the minimum wage from €352 to €380 per month as of next year.

THE LABOUR Ministry is proposing a rise in the minimum wage from €352 to €380 per month as of next year.

"A rise in the minimum wage by €28 per month equates to annual growth of approximately 7.95 percent," said the ministry as quoted by the TASR newswire, adding added that it proposed the rise after assessing the economic and social situation in Slovakia in 2013 and after taking account of expected economic developments this year.

The ministry came up with the proposal after failing to strike accord on the rise with employers, trade unions and representatives of towns and villages by July 15. While the Republican Union of Employers (RÚZ) wanted to preserve the existing wage level until the jobless rate dropped below the EU average, the trade unions advocated a rise to €400 in order for the net salary to reach at least the poverty threshold of €346.33 per month. The Towns and Villages Association (ZMOS) were willing to agree to a rise in the minimum wage of no more than 5 percent, to €369.90.

The ministry's proposal will be discussed with 'social partners' on August 18, with the Government to have the final say on the issue.

Source: TASR

Compiled by Michaela Terenzani from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information
presented in its Flash News postings.

Top stories

A tasting of Slovak literature

SMALL nations and their authors only rarely find themselves in the focus of foreign publishing houses.

Eric Lane (third from left) and Peter Karpinský (first right) during a discussion at the Bibliotéka book fair.

Ice Cathedral in High Tatras built in baroque style Photo

SCULPTORS who work on the Tatra Ice Cathedral at Hrebienok in the High Tatras will finish by the end of this week. For about two weeks, they have been working on the biggest local attraction of the winter season,…

Ice cathedrla at Hrebienok, November 2015

Parliament approves changes to financing of sport

THE SLOVAK parliament approved a new law on sport on November 26 which is aimed at bringing more money into the sector.

Slovaks designed unique drone game Video

YOUNG Slovaks of the Anima Technica company launched a crowdfunding campaign in November for their Dron’n’Base project, which combines the experience of video games, personal interaction of players, and drones the…