Parliament approves proposals on Minimum Wage Act

On September 11, a majority of MPs passed the Cabinet's proposal for a bottommost limit on the minimum wage, though no specific amount was stated.

On September 11, a majority of MPs passed the Cabinet's proposal for a bottommost limit on the minimum wage, though no specific amount was stated.

The proposal does not specifically define an uppermost limit either. Labour Minister Viera Tomanová confirmed that the sum should have been known by mid-July, but said that the social partners – government, union, and business – have not come to an agreement yet.

In response, SMK deputy Klára Sarkozy suggested that such meetings be held more often.

Tomanová argues that current economic growth, high productivity rate, and transition to the euro are important factors that should be reflected in the final sum.

But a press release by the Slovak Business Alliance states that the revision and several of the government’s intentions raise concerns about the development of the business environment in Slovakia. Moreover, it sends negative signals to investors, thus decreasing the country's attractiveness, the alliance stated. SITA

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

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