Spectator on facebook

Spectator on facebook

Labour Ministry proposes monthly minimum wage of €435

The minimum monthly wage in Slovakia keeps being increased, and now, it may rise by €30 to €435.

Disputes surround the minimum wage discussion(Source: SME)

This stems from the proposal of the Labour Ministry after the remaining tripartite entities (i.e. employers and trade unions) failed to reach an agreement on the matter by July 15. The proposal will be submitted for a tripartite session on August 15, with the ministry claiming that the amount is the result of an analysis of the social situation in Slovakia and expected positive developments of the country’s economy next year.

“The increase of the minimum wage by a gross €30 per month represents a year-on-year hike of 7.4 percent,” the ministry informed, as quoted by the TASR newswire. “Meanwhile, the trade unions would like to see the minimum wage at €442 per month and €2.54 per hour; and the employers did not submit any specific figure.”

The minimum monthly wage for 2016 stands at €405, while last year it was €380.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Topic: Economics


Top stories

Investigative journalists awarded for their bravery

Seven journalists received the White Crow award for defending the public good. The organisers of For a Decent Slovakia were given a special vote of thanks.

The award-winning journalists

Kia kicks off production of the new ProCeed model Photo

More than 300 workers participated in the training held at a Korean research centre.

How does Slovakia support innovations?

Companies operating in Slovakia can benefit from state subsidies, EU resources and venture capital funds.

Science in Slovakia is underfunded, lagging behind other European countries.

How to elect your mayor

When you live in a small village, you don't care about Bratislava. At home, everything is at stake.