Spectator on facebook

Spectator on facebook

BUSINESS IN SHORT

New rules for setting minimum wage in Slovakia

AS OF February 1, the minimum wage in Slovakia is being set according to new rules introduced by new legislation, the SITA newswire wrote.

AS OF February 1, the minimum wage in Slovakia is being set according to new rules introduced by new legislation, the SITA newswire wrote.

According to the amended law on minimum wage valid as of February 1, employers have to agree with union representatives on the new level of the minimum wage. Their negotiations must start by April 1 at the latest. In the event that social partners fail to reach a consensus on minimum wage growth, the minimum wage will be increased by the growth rate of the average monthly nominal wage in Slovakia every year as of January 1.

The minimum wage will increase according to the new mechanism for the first time as of January 1, 2009. Minimum wage, which was increased to Sk8,100 in early October of 2007, will thus be valid until the end of 2008.

Top stories

End of investigative show a cause for concern

Media freedom watchdogs believe the scrapping of the only investigative show on public-service television is a threat to its independence.

Jaroslav Rezník

Proxy for Roma criticises minister Kaliňák for ethnical and group discrimination

The government proxy slammed Interior Minister Robert Kaliňák for the draft law on repressing criminality in Roma settlements, for populist discrimination and preferring repression to prevention.

Roma communities, illustrative stock photo

Slovak racer Svitko finished at Dakar Video

After a serious fall in the tenth leg, Slovak motorcyclist Štefan Svitko resigned from the 40th year of the Dakar Rally due to pain in his upper body.

Štefan Svitko

Carmakers in Slovakia produced more than one million cars last year

2018 will be critical for Slovakia’s automotive industry, claim sector’s representatives.

Most cars produced in Slovakia head for export.