Framework

Kerameus launches speaks on brand new minimum wage framework

.Work and Social Protection Priest Niki Kerameus on Tuesday starts a new sphere of discussions along with nationwide social partners to identify the minimum wage.The consultations will certainly focus on the Scientific Committee's document concerning the integration of the International instruction on sufficient minimum salaries and the method of preparing all of them.The plan features a formula-based approach, considering inflation and performance development, similar to the methods in France and also other European nations.The department has also recommended constituting an assessment committee, mostly made up of representatives coming from social companions, to supply input on the base pay and its own routine updates.Also, a roadmap is actually proposed to build up aggregate bargaining and also boost the amount of workers covered through such contracts.

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