Salary

Prime Minister Kyriakos Mitsotakis announced on Friday that the government will raise the minimum wage next month, for a third time in little more than a year. 

More specifically, Mitsotakis' conservative administration, whose four-year tenure ends in July, intends to raise the minimum wage by 9.4% to 780 euros per month, beginning April 1.

Finally, the parliament decided that the minimum wage should be 50% of the national average.

Hourly labor costs in the EU increased by an average of 3.4% per year, according to Eurostat data for the third quarter of 2022. Against this slight average increase, Bulgaria stands out with a record jump of over 16%. The largest increase was in the mining industry - 14.2%.

Monthly salaries of babysitters have skyrocketed by 60 percent, ranging between 10,000 and 80,000 Turkish liras ($550 and $4,400) due to increasing demand after the COVID-19 pandemic while parents have complained about these excessive prices, as per local media.

Ljubljana – The average gross monthly pay in Slovenia was at EUR 2,138 in 2021, or 10.1% more than in 2020, according to provisional data of the Statistics Office. On average, men earned EUR 2,165 gross a month and women made EUR 2,107 gross. Nearly 65% of the working population earned less than the average gross pay. The median salary was at EUR 1,763.

The average salary in the country exceeded BGN 1,000 in all regions. There are still small municipalities, with lower incomes and with a real danger of impoverishment of groups of the population. However, average incomes are still outpacing consumer price growth. The data are from the Institute for Market Economy.

The provision of remote working from anywhere in the country, the granting of bonuses and the annual salary of around 29,000 euros compose the working profile of IT executives in our country.

However, the salaries of IT executives in our country are significantly lower than those of foreign countries where salaries are more than doubled.

The Minister of Labor, Kostis Hatzidakis, spoke on the "Koinonia Ora MEGA" television show about the increase of the minimum wage.

High expectations for the increase of the minimum wage, which may even exceed 6%, are cultivated by the government, while the process has entered its final stage with the Centre of Planning and Economic Research-KEPE today, Friday 15 April, to deliver to the Minister of Labor the conclusions of the dialogue between scientific and social actors.

North Macedonia's Union of Workers in Education, Science and Culture, SONK, is expected to continue talks on Wednesday with the Education Ministry over its demands for an immediate pay rise and a series of further salary increases linked to the cost of living over the coming years.