The Adequate Minimum Wage Directive is already having an impact on minimum wage setting in a number of EU Member States such as Bulgaria, Croatia, Germany, Hungary, Ireland, Latvia, Romania, Spain and the Netherlands even before it is formally transposed into national law, with a deadline of 15 November 2024, according to a new study by ETUI, the European Trade Union Institute, published on Wednesday 17 April.
“The latest data shows a substantial nominal increase in statutory minimum wages in 15 of the 22 EU countries where the minimum wage is based on legislation”.
Two factors are behind this development: “the still high levels of inflation across the EU and the fact that many Member States were already using the recently adopted Adequate Minimum Wage Directive’s ‘double decency threshold’ (defined in terms of the indicative reference values of 60% of the median wage and 50% of the average wage)”, adds ETUI.
Link to the study: https://aeur.eu/f/bt0 (Original version in French by Solenn Paulic)