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Minimum wage to increase 3 percent

THE MINIMUM monthly wage will increase by 3.0 percent at the beginning of 2011, the leaders of the four coalition parties have agreed, despite strong disapproval from employers' organisations and protests from representatives of local and regional governments, the SITA newswire reported.

THE MINIMUM monthly wage will increase by 3.0 percent at the beginning of 2011, the leaders of the four coalition parties have agreed, despite strong disapproval from employers' organisations and protests from representatives of local and regional governments, the SITA newswire reported.

Prime Minister Iveta Radičová announced after the Coalition Council’s meeting on October 11 that the minimum wage will go up in accordance with the requirements of current law.

A tripartite meeting between the government, employers' associations and trade unions that preceded the Coalition Council meeting did not endorse the government’s proposal to raise the minimum wage from €307.70 to €317.00 on January 1. Representatives of trade unions wanted a higher increase and employers wanted no change in the minimum wage next year.

Employers claimed that each increase in the minimum wage threatens jobs and demanded a freeze. The unions did not share that opinion and, with no consensus emerging, the four parties of the governing coalition recommended that the cabinet approve the 3.0-percent increase.


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