Price Hikes or Layoffs. How Will Retail React to a Minimum Wage Increase?
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It's certain – starting January 1, 2027, the wage for the lowest-earning Poles will increase by exactly PLN 144 gross. The minimum hourly rate for those working under civil law contracts will also increase. What else will change?
According to the new Monthly Business Climate Index by the Polish Economic Institute, the minimum wage increase in the new year could translate into higher prices. At the same time, this change will not necessarily result in a decline in employment.
From January 2027, the minimum wage will be PLN 4,950 gross. A study by the Polish Economic Institute shows that some companies intend to respond to higher costs with price increases, although reactions vary significantly depending on the industry.
Businesses once threatened that minimum wage increases would result in layoffs. Now, it's more likely that everyone will suffer the consequences. Every second company declares it will raise the prices of its products and services. You can even pinpoint specific industries where this is most likely.
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