Slovakia: minimum wage to reach 60% of average wage from 2026

On 23 October, parliament approved a bill to change the rules for setting the minimum wage. As a result, from 2026, the minimum wage may not be less than 60% of the average wage two years previously, compared with 57% at present, unless a more favourable agreement is signed by the social partners. “The era of cheap labour must come to an end in Slovakia,” said social affairs minister Erik Tomáš, of the Social Democratic Party. He estimated that the minimum wage should reach at least €920...