Framework

Kerameus launches speaks on brand new minimum wage framework

.Labor and Social Security Minister Niki Kerameus on Tuesday triggers a brand-new sphere of dialogues with nationwide social partners to figure out the base pay.The consultations will certainly pay attention to the Scientific Board's record regarding the assimilation of the International directive on appropriate minimum required incomes and the procedure of setting them.The proposal consists of a formula-based approach, thinking about inflation and also productivity growth, comparable to the strategies in France and also various other International countries.The ministry has also suggested constituting an examination committee, mainly composed of representatives from social companions, to supply input on the minimum wage and its regular updates.In addition, a roadmap is recommended to build up cumulative negotiating and also improve the percentage of laborers covered by such agreements.