Minimum wage: Locks in €830 – 840 – The three years, benefits [πίνακες] – 2024-04-02 21:48:24

The new minimum wage is announced today after the meeting of the cabinet, which will ratify the proposal of the Minister of Labor Mrs. Domnas Michailidou.

There are two versions for the amount of the new salary: firstly, the increase will reach 50 euros and bring the new minimum wage to 830 euros, and secondly, the over-optimistic scenario, the increase will reach 60 euros and the minimum wage will reach 840 euros .

The fourth consecutive increase in the minimum wage is due to the implementation of the government’s commitment that by 2027 the minimum wages will be 950 euros. In recent years the minimum wages have increased by 20% from 650 euros in 2019 to 780 in 2023.

The scenario of 830 euros

In the event that the first scenario is followed and the new minimum wage reaches 830 euros on April 1, 2024, then the new wages together with the three years are structured as follows:

The scenario of 840 euros

If the second scenario is followed and the new minimum wage reaches 840 euros on April 1, 2024, the new wages together with the three years are:

The allowances

It should be noted that the new minimum wage announced today will entail the following benefits:

· Special maternity benefit: Minimum wage

· Parental leave allowance: Minimum wage

· End of unemployment benefit: 13 daily allowances

· Assistance for a three-month stay in the unemployment registers: 15 daily allowances

· Released Allowance: 15 daily allowances

· Temporary work: 20 daily allowances

· Insolvency of employer: Up to 3 salaries

· Builders’ season: 70% of the 37 minimum daily wages

· Seasonal sanders: 70% of the 50 minimum daily wages

· Seasonal for artists, theaters, tourism: 70% of the 25 minimum daily wages

· Other seasonal (forest workers – resin collectors, tobacco workers, potters – potters – brick makers and shipyard employees): 70% of the 35 minimum daily wages

· Self-employment benefit: Monthly unemployment benefit

· Work allowance: 50% of unemployment allowance

· Compensation of EPA Students: 75% of Daily Salary

· Internship allowance (IEK DYPA): 80% of minimum salary

· Gaining work experience: Minimum wage

· Community benefit programs: Minimum daily wage

· Employment programs: Subsidy 50% – 90% of the minimum wage

· For working students participating in exams: 30 daily wages for undergraduates / 10 daily wages for postgraduates