Richter to propose 3.2-percent rise in minimum wage

The minimum wage is projected to go up by 3.2 percent - that is to €337.70 per month - as of next year, with Labour Minister Ján Richter saying on Monday, September 24, that he is certain the government will accept his proposal to this effect.

The minimum wage is projected to go up by 3.2 percent - that is to €337.70 per month - as of next year, with Labour Minister Ján Richter saying on Monday, September 24, that he is certain the government will accept his proposal to this effect.

Richter was speaking after a session of the tripartite, which brings together employers, trade unions and the cabinet. "In terms of procedures, there was no need to submit the proposal, but I wanted to keep them [the tripartite parties] informed," said the minister, as quoted by the TASR newswire.

Not all parties at the meeting backed the minister's idea, however. "We view this as a very bad measure," said head of the Association of Employers Unions (AZZZ) Rastislav Machunka. Machunka went on to caution that such a rise in the minimum wage will contribute to the deterioration of the business environment, on top of the government's consolidation package and the Cabinet-sponsored amendment to the Labour Code. "The unemployment rate among the long-term jobless will rise," he said.

"It's a social commitment of this political party, so it's only natural," said Economy Minister Tomáš Malatinský who has been an AZZZ head in the past.

(Source: TASR)
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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