Businesses in Slovakia to save up money on the minimum wage

The Economy Ministry has introduced 42 measures to help companies.

Economy Minister Peter Žiga has introduced 42 measures that are to help firms in Slovakia in the times of troubled economic growth. Economy Minister Peter Žiga has introduced 42 measures that are to help firms in Slovakia in the times of troubled economic growth. (Source: TASR)

PM Peter Pellegrini (Smer) met in mid-September with the representatives of employers, who had criticized the high surcharges and fast-growing minimum wage joint for all sectors, promising to draft measures to help businesses in times of slower economic growth.

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Soon after the meeting, Economy Minister Peter Žiga (Smer) introduced an action plan comprised of 42 measures to support the business sector and the Slovak industry. The most detailed proposals revolve around the minimum wage, the Hospodárske Noviny daily reported.

The reason is that the minimum wage is used to calculate various surcharges, including those for weekend and night work.

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