employment

At the end of last week, the current proposal for changing the minimum wage level was published. It is interesting for several reasons, mainly because, for the first time, the new mechanism for determining the minimum wage is applied, linking it to the dynamics of the average wage. This, in the context of high inflation and the subsequent rapid growth of wages, leads to its largest nominal increase in the last two decades.

The special purpose law on assistance to citizens of Ukraine in connection with the armed conflict on the territory of Ukraine should take into account the demand for recognition of a significant range of professional qualifications acquired in Ukraine.

EU citizens are collecting signatures for a petition demanding a universal, unconditional income for everyone. What does this mean? Everyone will have a living wage, regardless of what type of work they do or what contribution they make to the society.

The media have experienced a recurring tide of reports about the four-day working week. The topic plays on the right strings - most people are employees and work five days a week.

Governments have responded to the pandemic by printing money, thus disrupting the usual economic relationships. Financial capital, which was long been regarded as a most-demanded resource, has lost its position to raw materials which in turn have lost to labor force.

As life-expectancy has increased during the past decades, governments around the world are trying to figure out a sustainable retirement-income regime. These regimes vary significantly around the world.

The next five years will be crucial. Public finances should come out of huge deficits, and the lesson from the previous crisis is clear. Tax increases will never be temporary. Pulling the tax brake can serve as an additional \"austerity\" argument in the discussion on lowering the deficit.

The general objective of the Directive is to ensure that all EU workers are protected by minimum wages, which is essential to guaranteeing adequate working and living conditions regardless of the place of work or residence.

When we talk about wages in Slovakia, we refer to gross wage. From an economic point of view, however, it is a fictitious value created by accountants. It represents an arbitrarily set point between the two key values: net wage and labor costs.

The European Commission (EC) has published a study on working conditions of platform workers. Platform work is understood as all labor provided through, on, or mediated by online platforms in a wide range of sectors.