Minimum wage to grow in January

“We agreed with each side that the minimum monthly wage would grow to EUR 350, the minimum hourly wage – to EUR 2.13, beginning on the new year. We will continue discussing further minimum wage growth at the Tripartite Council’s meetings,” Social Security and Labour Minister Algimanta Pabedinskienė said in a statement.

The EUR 350 minimum monthly wage would affect over 60,000 employees working under employment contracts in public institutions and around 240,000 employees in the private sector.

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Previously, the minimum monthly wage was raised from EUR 300 to EUR 325 in July 2015. After a meeting of the political council last week, Prime Minister Algirdas Butkevičius said he did not object to the minimum monthly wage to be increased to EUR 380 in July 2016.

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