The Council of Ministers is about to present a new system for calculating minimum wage which will apply in 2017 on. It will no longer be determined by the social partners but annually by a bill, depending on inflation and unemployment rates, among other things, and on the country’s prospects of economic development. (Ref. 130349)
Starting in 2016 and every year in the last half of June, the Ministry of Labor will issue a bill defining minimum wage for the following year. First, there will be dialogue sessions between the social partners and the government, with technical and scientific assistance from specialized services which will provide indicative numbers as to the state of the economy, unemployment rate, productivity and competitiveness. The first minimum wage bill based on this new system will come into force on
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