Finance
14:08 26 August 2024
Post by: WBJ

Poland Proposes Minimum Wage Increase to 55% of Average Salary, meet EU Directive

Poland Proposes Minimum Wage Increase to 55% of Average Salary, meet EU Directive
Source: Pexels

The Ministry of Family, Labor, and Social Policy in Poland proposes setting the minimum wage at 55% of the projected average wage. This change aims to implement an EU directive and is planned to take effect in 2026. Currently, the minimum wage is rising compared to the average wage, with the ratio expected to be 53.7% in 2024. The proposed regulation ensures that the minimum wage will increase annually, at least matching the predicted rise in consumer prices.

Additionally, a corrective mechanism is included to adjust for any discrepancies between actual and projected inflation. This aligns with the EU directive, which mandates regular updates to ensure adequate minimum wages.

(300gospodarka.pl)


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