
From today, April 1, 2023, the new minimum wage comes into force., which with the latest increase of 9.4% is 780 euros. Accordingly, the minimum daily wage also increases, which from 29.04 euros in February 2019 increased to 29.62 euros in January 2022, to 31.85 euros in May 2022 and in April 2023 increased to 34 .84 euros (a total increase of 5.8 euros). Euro).
At the same time, the increase in the minimum wage, which currently affects 585,000 private sector employees, entails an increase in unemployment benefits, which, as of April 1, 2023, is 479 euros per month. from €438 in May 2022, €407 in January 2022 and €399 in February 2019. The cumulative increase in unemployment benefits from 2019 is 80 euros per month.
In particular, from 2019 to date, the minimum wage has been cumulatively increased by 20%, from EUR 650 in February 2019, to EUR 663 in January 2022, to EUR 713 in May 2022 and to EUR 780 in April 2023 year (total increase of 130 euros). In fact, if gifts and vacation pay are taken into account, the minimum wage for twelve months is 910 euros, which is 151.7 euros per month more than in 2019.
In terms of net earnings, the Ministry of Labor and Social Affairs clarifies that the net salary after taxes and contributions is 667 euros per month (778 euros with gifts and holidays) from 548 euros in 2019 (639 euros with gifts and holidays). In total, minimum wage workers will receive three additional net wages each year compared to 2019 as annual earnings rise from €7,667 in 2019 to €9,336 in 2023 (plus €1,669 or €21.8 %).
Those who have worked for at least three years, before February 14, 2012, have additional earnings, which can reach up to 30%, depending on the length of service.
At the same time, according to the IS “ERGANI”, the average salary in 2022 increased by 12.4% compared to 2019.
According to the Ministry of Labor and Social Affairs, after the decision to increase Greece rises to 10th place among the 22 EU member states with a minimum wage, from 13th place previously, and in terms of purchasing power, it rises to 13th. th place from 18th earlier.
As commonly stated, the significant and fair increase in the minimum wage from April 1, 2023 “supports the incomes of workers, especially low-wage workers affected by imported inflation, without exceeding the capacity of enterprises, which are also affected by the international economic crisis and rising production costs.”
As announced, “to determine the minimum wage, the decline in unemployment from 17.5% in the summer of 2019 to 10.8% in January 2023 was taken into account, an economic growth that is expected to continue this year. , export growth and high inflation. On the other hand, factors such as productivity, competitiveness, as well as increased sales costs have been taken into account, so that the solution is truly sustainable.”
In addition, with the increase in the minimum wage, allowances and allowances based on the minimum wage or daily wage are adjusted. These include, among others, unemployment benefits for the self-employed, new employment programs, special unemployment benefits, work suspension benefits, special seasonal benefits for workers in the tourism and food industries, construction workers, foresters. workers, etc., special maternity allowance, child care allowance, unpaid wages, due to the employer’s insolvency, affordability allowance, compensation for students in vocational apprenticeship schools of the State Employment Service (DYPA), compensation for internship programs, etc. a..
Indicatively, the bonuses after the increase in the minimum wage have the following structure:
Benefit-amount
1. Special benefit for pregnancy and childbirth: Minimum wage (780 euros).
2. Child care allowance: Minimum wage (780 euros).
3. Termination of unemployment benefits: 13 daily allowances (€249.08).
4. Allowance for a three-month stay on the unemployment register: 15 daily allowances (287.4 euros).
5. Allowance for those released from prison: 15 daily allowances (287.4 euros).
6. Temporary work: 20 daily allowances (€383.2).
7. Insolvency of the employer: up to 3 salaries.
8. Construction season: 70% off 37 square days (€902,356).
9. Mountain season: 70% off 50 days (1219.4 euros).
10. Seasonal for artists, theaters, tourism: 70% of 25 per night (609.7 euros).
11. Other seasonal (resin carpenters, tobacconists, potters-ceramists-brickmakers and shipyard workers): 70% of 35 per day (853.58 euros).
12. Help for the self-employed: Monthly unemployment benefit (479 euros).
13. Work allowance: 50% of the unemployment benefit (239.5 euros).
14. EPA.S. Student Compensation: 75% of the daily salary (€26.13).
15. Internship allowance (IEK DYPA): 80% of the minimum wage (624 euros).
16. Gaining work experience: Minimum wage (780 euros).
17. Social programs: minimum daily wage.
18. Employment programs: subsidy 50%-90% of the minimum wage.
19. For working students taking exams: 30 days’ wages for students (1045.2 euros) / 10 days’ earnings for graduate students (348.4 euros).
Source: RES-IPE
Source: Kathimerini

Lori Barajas is an accomplished journalist, known for her insightful and thought-provoking writing on economy. She currently works as a writer at 247 news reel. With a passion for understanding the economy, Lori’s writing delves deep into the financial issues that matter most, providing readers with a unique perspective on current events.