Framework

Kerameus launches talks on new minimum wage structure

.Work as well as Social Security Minister Niki Kerameus on Tuesday initiates a brand-new round of conversations with nationwide social partners to calculate the minimum wage.The examinations are going to focus on the Scientific Board's report concerning the combination of the European instruction on adequate lowest incomes and also the process of specifying them.The plan features a formula-based method, taking into consideration inflation and efficiency development, comparable to the strategies in France and various other European nations.The administrative agency has actually likewise advised forming an examination committee, mainly comprised of agents coming from social companions, to use input on the minimum wage and its own periodic updates.Additionally, a roadmap is proposed to strengthen aggregate bargaining and also raise the percentage of workers dealt with by such deals.