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Thursday, March 28, 2024

Minimum wage for 2021 to be set at EUR 1,024 gross

By: N.J., STA

Labour Minister Janez Cigler Kralj announced after meeting social partners that he will set the minimum wage for 2021 at EUR 1,024 gross.

This is 120% of the minimum cost of living and the lowest possible rise under minimum wage legislation. Last year, the minimum wage stood at EUR 941 gross. The minister said the government intended to partly cover the raise for employers until the end of June with the option of a six-month extension. The last time the minimum cost of living was calculated was in 2017, at EUR 613 for a single person. It will be next calculated in 2023. This is what particularly bothers the trade unions, as the raise does not take into account all the price increases since 2017.

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