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The minimum monthly wage in Slovakia is increased by EUR 30 as of 1 January 2017 | News Flash

30 Dec 2016

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The minimum monthly wage in Slovakia is increased by EUR 30   as of 1 January 2017 | News Flash

We would like to inform you about the minimum wage increase in Slovakia as of 1 January 2017. The monthly minimum wage will increase from the actual amount of EUR 405 to EUR 435. Increased minimum wage also means higher wage allowances for night work, standby duty and difficult work performance that are also calculated based on the minimum wage.

Increase of minimum wage

The minimum monthly wage will reach 435 EUR as of January, 2017 (increase by EUR 30).

The minimum hourly wage will be increased from current EUR 2, 328 to the amount of EUR 2,50.

Increase of minimum payroll claim

The minimum wage increase also means increase of the minimum payroll claim dependant on the degree of work difficulty.

For example, in case of degree of work difficulty of 6, when the minimum payroll claim is calculated as 2 multiple of minimum wage, it will be increased from EUR 810 to EUR 870, i.e. by EUR 60.

The calculation of the minimum payroll claim dependant on the degree of work difficulty is as follows:

Increase of minimum payroll claim

Allowances for standby duty and night work

Please note that since standby duty and wage allowances for night work are also calculated based on the minimum wage, they will be influenced too. 

 

Contact:

Monika Berežňáková

Payroll Methodist, Slovakia

Monika.Bereznakova@accace.com

+421 232553000


Read more about other legislative changes in Slovakia:
  • Extension of the transition period for the mandatory activation of electronic mailboxes of legal entities in Slovakia
  • Approved and other expected tax changes in Slovakia as of 2017
  • Amendments to Act on Illegal Work and Illegal Employment effective in Slovakia from 18 June 2016
  • New obligations of employers in respect to cross-border posting of employees in Slovakia

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About Accace

Originally established in Central and Eastern Europe in 2006, Accace ranks among the leading outsourcing and consultancy providers in the region. Engaging over 600 experts, we have vast experience with handling small to large scale, multi-country outsourcing projects and providing a comprehensive range of our services to over 2,000 customers.

About Accace Circle

Accace operates internationally as Accace Circle, a co-created business community of like-minded BPO providers and advisors who deliver outstanding services with elevated customer experience. Covering almost 40 jurisdictions with over 2,000 professionals, we support more than 10,000 customers, mostly mid-size and international Fortune 500 companies from various sectors, and process at least 170,000 pay slips globally.

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