Framework

Kerameus launches talks on brand-new minimum wage framework

.Effort and Social Safety Minister Niki Kerameus on Tuesday initiates a brand-new round of discussions along with nationwide social companions to identify the base pay.The assessments are going to pay attention to the Scientific Board's report pertaining to the combination of the European ordinance on enough minimum required earnings as well as the procedure of preparing all of them.The plan features a formula-based approach, looking at rising cost of living and productivity growth, identical to the methods in France and other European countries.The department has actually also proposed creating a consultation committee, mostly made up of agents from social partners, to give input on the base pay as well as its periodic updates.In addition, a roadmap is proposed to boost cumulative negotiating and boost the amount of employees covered by such arrangements.

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