The brand new minimal wage is evident. It’s anticipated that from the New Yr it’ll bounce by over 100 BGN in response to the brand new system for figuring out it in comparison with the common month-to-month wage within the nation.
The brand new quantity of the minimal wage for 2025 have to be decided no later than September 1, 2024, and the third and fourth quarters of 2023 can be taken into consideration for the development of the system for figuring out the common wage.
Since there are about 3 months left till the deadline for the federal government to problem a decree on the brand new quantity of the 2025 SALW, the nationwide statistics have already got sufficient reporting information with which it’s 95% doable to foretell to any extent further what the rise can be .
In response to the official information of the NSI, the quantity of the common wage for the third quarter of 2023 is precisely BGN 2,000, and for the fourth quarter it was BGN 2,123. A couple of days in the past, the statistics for the primary quarter of 2024 have been additionally launched, the place the SRH already reaches BGN 2,198 .
The info for the second quarter of 2024 will come out in August, however it’s not troublesome to make a prediction already.
A median wage of round BGN 2,316 may be anticipated within the second quarter of 2024, particularly since for March the reporting information reveals precisely BGN 2,300.
With the applying of the system for figuring out the minimal wage, it seems that on September 1, 2024, the Minister of Labor and Social Coverage should problem a PMS, wherein he’ll set the quantity of the minimal wage from January 1, 2025 to not less than BGN 1,080. This is able to imply a rise of BGN 147 in comparison with the present quantity of 933 BGN, or 15.7%.
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