Statutory minimum wage going up to €878 net

The statutory minimum wage in Slovenia this year has been set at €878 net a month, €100 more than the year before in the most substantial rise in a decade. There are concerns the hike will increase pressure for other wages to be raised as well and thus fuel inflation further.

The new minimum wage was announced by Labour Minister Luka Mesec on 12 January. The gross minimum wage will rise by 12% to €1,203.36 after it increased by 4.9% last year. The cost for employers will increase by 8.46%.

The rise will also lead to an adjustment of the minimum hourly rate for temporary and...