Minimum wage

Average wage rose in public sector in 2014-2017, fell in private

The best employer in Greece was the public sector in the period from 2014 to 2017, during which time the average wage for contract and non-permanent staff rose 16.7 percent, according to data from the Labor Ministry's Ergani database.

The average wage in the public sector totalled 1,502 euros in 2017 compared with 1,286.6 euros in 2014, the data showed.

Deloitte: Romania's gross minimum wage above CEE average, effective tax rate highest in region

Romania's gross minimum wage exceeds the Central and Eastern European average, but at the same time the country has the highest effective tax rate in the region, specifically 41.5 percent, shows a survey by Deloitte Romania.

The effective tax rate is the highest, at 41.5 percent, for a gross wage of 1,000 euro, whilst the region's average is 27 pct.

ESEE proposes minimum monthly wage of 751 euros by 2022

The Hellenic Confederation of Commerce and Entrepreneurship (ESEE) informed the Labor Ministry on Friday that it is in favor of the gradual rise of the minimum wage to 751 euros per month in 2022, as well as the "rationalization" of social security contributions by freelance workers and the reduction of contributions for auxiliary social security by one percentage point.

Process begins this month for new minimum wage

The public consultation process concerning the new level of the minimum wage is expected to begin within this month and be completed by end-December, while the requisite ministerial decision for that purpose will be issued in the latter half of January 2019.

This is according to the new timetable included in a law amendment submitted by Labor Minister Effie Achtsioglou on Wednesday.

Cartel Alfa leader: 65 pct of employees to collect minimum retirement benefit under new pension bill

According to the new pension bill, about 65 percent of the employees will only collect the minimum pension, president of the 'Cartel Alfa' National Trade Union Confederation Bogdan Hossu told a press conference in Zalau on Wednesday.