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2014.06.11 13:46

Tripartite Council rejects proposal to raise the minimum wage

BNS | DELFI | The Lithuania Tribune2014.06.11 13:46

(BNS) Lithuania’s Tripartite Council, which brings together representatives of the government, employers, and trade unions, on Tuesday turned down a proposal from a task group to raise the minimum wages by 100 litas to 1,100 litas (EUR 318.84) in October.

(BNS) Lithuania’s Tripartite Council, which brings together representatives of the government, employers, and trade unions, on Tuesday turned down a proposal from a task group to raise the minimum wages by 100 litas to 1,100 litas (EUR 318.84) in October.

“Now the issue of the minimum wages goes back to the task group and we will once again have to decide on the criteria for rasing wages,” Aleksandras Posochovas, a member of the board of the Lithuanian Trade Union Confederation, told reporters.

The government’s representatives say it is premature to raise the minimum wages now and that the criteria for a nationwide increase has not been fully met, he added.

Gediminas Rainys, a representative of the Lithuanian Confederation of Industrialists, told BNS that the proposal was rejected in part because increasing the minimum wage would require a costly wage increase across the public sector as well.

The task group, which included representatives of trade unions, business, and the government, had recently put forth that the minimum wages should be raised by 100 litas to 1,100 litas in October and increased by an additional 330-35o euros after Lithuania transitions to the common currency.

Prime Minister Algirdas Butkevičius said last week that the minimum wage would be raised but that it was still unclear when and by how much.

The minimum wage was last raised by 150 litas in January 2013 and now amounts to 1,000 litas per month.

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