16. September 2008 at 19:00

Minimum wage to be raised to Sk8,900

The Labour Ministry submitted a proposal to raise the minimum wage in Slovakia from the current Sk8,100 (€268.9) to Sk8,900 (€295.5) as of the beginning of next year, the SITA newswire wrote.

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The Labour Ministry submitted a proposal to raise the minimum wage in Slovakia from the current Sk8,100 (€268.9) to Sk8,900 (€295.5) as of the beginning of next year, the SITA newswire wrote.

This means the lowest hourly wage will grow from the current Sk46.60 (€1.547) to Sk51.10 (€1.697).

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"The net minimum wage will be Sk7,707 (€255.9), up by Sk693 (€23)," reads the proposal.

The ministry emphasised that the suggested sum is a compromise between what was proposed by employers and the original ministry proposal.

During the talks, the Slovak Trade Unions Confederation (KOZ) proposed that the minimum wage rise to €300 (Sk9,040), employers insisted on Sk8,690 (€288.5) and the Labour Ministry originally proposed Sk9,000 (€298.8). 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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