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Friday, 26.04.2024, 17:09
Estonian unions would raise minimum pay to EUR 650 in 3 years
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Judging by the ratio of labor productivity to minimum wage, a minimum wage
of 470 euros is not high at all, Peep Peterson, chairman of EAKL, told BNS.
He said that on the basis of the minimum pay in Germany, which is 1,498
euros a month, and productivity in that country, the reasonable level of
minimum pay in Estonia would be 650 euros a month.
Based on the above, unions have made a proposal to the Employers
Confederation to raise the minimum pay in Estonia to 650 euros a month in three
years, Peterson said. "The eventual level will be established in
negotiations," he added.
Since 2001, the minimum pay has been agreed among the parties to the labor
market. It is a tradition that the new level of minimum pay is then endorsed by
the government.
In recent years EAKL and the Employers Confederation have agreed the size
of the minimum pay for two years. The currently valid minimum pay is 2.78 euros
per hour and 470 euros per month for people working 40 hours a week.
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