Financial Services, Latvia, Legislation, Security, Wages
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Friday, 26.04.2024, 00:07
Latvian government supports increasing soldiers' wages by EUR 50
The Defense Ministry explains that reforming soldiers' wages, to make them
competitive on the job market and reduce the number of soldiers leaving the
Armed Forces, commenced in 2014.
One part of the reform was carried out in 2016, when new criteria were
included in soldiers' salaries, including training and qualifications. That,
however, did not make soldiers' wages competitive on Latvian labor market.
The minimum and average wages have both increased in Latvia since 2014.
Furthermore, according to the government's decision of May 9, the minimum monthly
wage will be raised EUR 50, making soldiers' wages non-competitive as they
would only exceed the minimum wage by EUR 40.
Hence the Defense Ministry's proposal to increase all soldiers and
officers' monthly salaries by EUR 50 as of October 1.
At the moment, a soldier who has served in the National Armed Forces for
one year is paid EUR 470 a month. After the pay rise, such a soldier will
receive EUR 520.