Slovakia’s minimum wage slated to rise by 3.2 percent in 2012

Slovakia’s cabinet approved a 3.2-percent increase in the country’s minimum wage to €327.20 effective in 2012 at its meeting on October 12 with Labour Minister Jozef Mihál remarking that the cabinet approved the proposal tabled by his ministry that it was obligated by law to present, the SITA newswire reported.

Slovakia’s cabinet approved a 3.2-percent increase in the country’s minimum wage to €327.20 effective in 2012 at its meeting on October 12 with Labour Minister Jozef Mihál remarking that the cabinet approved the proposal tabled by his ministry that it was obligated by law to present, the SITA newswire reported.

The Ministry of Labour, Family and Social Affairs submitted the draft government resolution increasing the minimum wage from €317 to €327.20 effective January 2012.By law, if the social partners in tripartite negotiations do not reach agreement on the level of the minimum wage, the ministry is required to submit a proposal to increase it by the same percentage as the average wage growth two years previously.

The minimum wage was increased by 3 percent to €317 at the beginning of 2011, reflecting the growth in the average wage in Slovakia in 2009.

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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