Wages

International Internet Magazine. Baltic States news & analytics Tuesday, 21.04.2015, 11:16

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FinMin: Latvian can afford the increasing the minimum monthly wage

FinMin: Latvian can afford the increasing the minimum monthly wage

13.04.2015

Increasing the minimum monthly wage from EUR 360 to EUR 374 will have a neutral impact on the state budget, and the state can afford it, as the Finance Ministry's parliamentary secretary Arvils Aseradens (Unity) said in an interview with Latvian Radio, cites LETA.

Keyword tags: Analytics, Financial Services, Latvia, Wages



Minimum wage can be increased if non-taxable minimum is also raised at the same time in Latvia

Minimum wage can be increased if non-taxable minimum is also raised at the same time in Latvia

10.04.2015

It is possible to increase the minimum wage from EUR 360 to EUR 375 as of next year, but at the same time, non-taxable minimum wage has to be raised, the Economy Ministry told LETA.

Minimum wage in Latvia could increase to EUR 375

Minimum wage in Latvia could increase to EUR 375

09.04.2015

Only if macroeconomic indicators are good, the minimum wage in Latvia could be increased to EUR 375, Welfare Minister Uldis Augulis (Greens/Farmers) said in an interview with the LNT show "900 sekundes" this morning, informs LETA.


Lithuania Post increases salary fund by EUR 1 mln

Lithuania Post increases salary fund by EUR 1 mln

09.04.2015

Starting April 2015, Lithuania Post is going to increase salaries paid to its employees working in the lowest-paid positions. In the course of the current year, EUR 1 million will be additionally allocated to enlarge the salary fund, reported BC press service of Lithuania Post.

Lithuanian PM promises to raise minimum wage in July

Lithuanian PM promises to raise minimum wage in July

25.03.2015

Prime Minister of Lithuania Algirdas Butkevicius says that the minimum monthly wage will be raised since 1 July, 2015, informs LETA/ELTA.

20.03.2015

The number of employees with gross earnings of EUR 300 and less stood at 19.4% in Lithuania in October

Statistics Lithuania informs that in October 2014 the number of employees with gross earnings of EUR 300 and less in the whole economy (including individual enterprises) stood at 19.4% (211.4 thousand). More than half of employees (124.7 thousand) earning EUR 300 and less were working part-time.

20.03.2015

Wages in Latvia rose by 7% in 2014

Wages in Latvia have on average increased by 7% over the year 2014, while in some jobs, the increase has been 20% and more, according to a study done by the employment agency CV-Online Latvia, cites LETA.

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