Unions urge increase to minimum wage
4 Articles
4 Articles
Unions urge increase to minimum wage
Ahead of a minimum wage review scheduled for this week, a study has recommended an increase at least equal to the annual consumer price index (CPI) growth rate to ensure workers receive a fair share of economic growth.The Minimum Wage Review Committee, which would determine the size of next year’s m
The new formula for determining the minimum wage is not good. This was stated by the president of the Podkrepa Confederation of Trade Unions Dimitar Manolov in the program "Offensive with Lyubo Ognyanov". "I am not optimistic that unions and employers will be able to reach a consensus that would lead to a minimum wage of and above 672 euros," he explained. Manolov specified that he personally did not participate in the negotiations and did not f…
The new mechanism for determining the minimum wage (MW) in Bulgaria is conceptually flawed and is unlikely to lead to the desired result. This was stated by ...
In 2027, pensions will be indexed and increased, and the minimum wage will increase. It is predicted that the funds allocated to the social direction will be more than 17 billion manat. The priority areas of budget expenditures for the preliminary indicators of the consolidated and state budgets for 2027 have been presented. It is planned to spend 42.4 billion manat from the state budget in 2027. Member of the Economic, Political, Industry and E…
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