With his amendment Ministry of Labor and Social Affairs speed up the initiation and implementation of the procedure for determining the minimum wage for 2023, in order to introduce new higher minimal salary come into force on April 1, 2023, in line with recent commitments by Prime Minister Kyriakos Mitsotakis.
In particular, with regard to the time limits of the current legislation for each stage of the procedure, it is provided that:
1. The Coordinating Committee of the Consultation will issue a written invitation to specialized research bodies to write an assessment report on the current statutory minimum wage by 20 January.
2. The preparation and submission of the report will take place no later than February 3, 2023.
3. The transfer of the memorandum and documentation of each person consulted by the Steering Committee to other representatives of the social partners, with an invitation for oral consultation, will take place no later than February 10, 2023.
4. The transfer of all memorandums and documentation of the consultees, as well as the report of the subjects to the Center for Planning and Economic Research (KEPE) for drafting the conclusion of the consultation will take place no later than February 20, 2023.
5. The draft opinion on consultations must be completed no later than February 28, 2023.
Finally, no later than March 10, 2023, the proposal of the Minister of Labor and Social Affairs to the Council of Ministers on the determination of the minimum wage for employees and the minimum daily wage for artisans will be submitted.
Government officials said the increase in the minimum wage would be significant, hinting that it would exceed the €751 level it was at before cuts began in the period before the memorandum was passed. Of course, closer to the real intentions of the government, but also to the “needs of both society and business” is the scenario of raising the minimum wage by at least 7.75% to 8%, as well as increasing pensions. This results in a new minimum wage close to €768–€770 (an increase from €55 to €57).
Source: Kathimerini
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