If the current mechanism for determining the minimum wage (MW) remains, next year it will be around 1,200 leva. This was said by the Minister of Labor and Social Policy Borisov Gutsanov regarding the transposition of the Directive on Adequate Minimum Wages in the EU and the minimum wage mechanism in our country., BTA reports. He added that he also expects to find the golden mean in the talks between unions and employers, which will be most beneficial for workers and the economy.
There is a mechanism, it works, so if no understanding is reached between unions and employers, the minimum wage will be set in the way it is currently, Gutsanov also commented.
We are not lagging behind the directive, we are currently responding to the directive, the minister also said. He specified that there are “four mechanisms“ that should be “implanted“ to the negotiation of the minimum wage. There are constant meetings and talks between unions and employers, we have restored the dialogue, Gutsanov assured.
For this year, the minimum wage is 1077 leva. The minimum wage for the next year is determined by September 1 of the current year in the amount of 50 percent of the average gross salary for a period of 12 months, including the last two quarters of the previous year and the first two quarters of the current year.
The President of the Trade Union Confederation "Podkrepa" Dimitar Manolov said that this week the talks between the trade union and employer organizations continue, and so far there is no agreement between them on the method of determining the minimum wage. What has been achieved regarding the procedure for determining the minimum wage in the Labor Code is not good for anyone, commented Ivelin Zhelyazkov from the Association of Industrial Capital in Bulgaria during a discussion. In his words, the automatic formula now written into the Labor Code "hits very seriously the very idea of social dialogue".