Slovak News - December 1997 - Laws Approved By Parliament - Act On The Minimum W

Parliament passed an amendment to the Act on the Minimum Wage, which increases minimum wage from 2,700 Sk to 3,000 Sk per month. The hourly minimal rate for a 42.5 hour week was also raised from 14.60 Sk to 16.20 Sk.

This law should become effective on 1 January 1998.

The information in this newsletter is correct to the best of our knowledge and belief at the time of going to press. Specific advice should be sought, however, before investment and other decisions are made.

For further information contact Mr Frank Walsh on +421 7 5340 545 Email directly on Click Contact Link