wages

Slovak large-scale employers want the highest possible wage compensation, looking up to the German or Austrian Kurzarbeit system, which covers up to 85% of wage costs. Journalists and some economists argue that we should borrow as much as we can.

Wage debates are always heated, no matter if it is an employee asking their boss for a rise, or union negotiations. Anyway, in the past year or two, the wage question became one of the leading topics of public debate in Slovakia.

French President Emanuel Macron addressed the citizens of the EU is a special letter, entitled “For European renewal”, published simultaneously in select media in all member states. This move by Macron is not surprising.

Under EU legislation, Member States are required to abolish any legal provisions contrary to the principle of equal treatment and have to introduce measures that would facilitate getting legal remedies in cases of alleged violations of equal treatment.

The ruling politicians are unfortunately going in the opposite direction. While a person working for a minimum wage in 2015 paid 29% in taxes and levies, with the planned minimum wage, they will pay more than 40% next year.

Apart from modern enterprises competing in international markets, there are more small enterprises of very low productivity in Poland than in developed countries. FOR estimates that half of Polish GDP is produced by at most 5.6 million people.

In late June the Lithuanian Parliament adopted a law that consolidated the employer and employee base for social security contributions and significantly cut the rate of contributions.

The figures that chief executive officers (CEOs) read at their payrolls are medially very attractive information. Why? They are huge! People process the information in many ways – someone is rude, someone envies, someone is emulated… Anyway, the same question occurs: Why has CEOS’ pay increased so much?