The Slovenia Times

Slovenia's minimum wage eighth highest in EU

Business
Euro banknotes. Photo: Kaja Šoštarec/STA

Slovenia's minimum wage, set at €1,254 gross for 2024, is the eighth highest among the 22 EU member states that have set a statutory minimum wage, shows data by Eurostat.

In January 2024 the minimum wage was the highest in Luxembourg at €2,571 gross. Also earning a gross minimum wage of more than €2,000 were workers in Ireland, the Netherlands and Germany.

The lowest gross minimum wages were recorded in Bulgaria (€477), Romania (€663) and Hungary (€697).

In January the gross minimum wage in Slovenia increased from €1,203 to €1,254 (€902 net). Slovenia has been high on the list for some time and has had the eighth highest minimum wage since 2021.

Minimum wage is set in all EU countries except Austria, Denmark, Finland, Sweden and Italy, where the lowest pay for work is decided in collective negotiations. Even in the EU member states that have a minimum wage there are still differences in how it is defined and who is entitled to it.

In 2022 the EU adopted a directive on adequate minimum wages, which the member states will have to transpose by 15 November this year. The directive does not set the minimum wage but establishes processes to ensure adequate wages, encourage collective wage negotiations and increase access to minimum wage protection for those entitled to it.

Across the EU, Slovenia has the largest share of employees who earn less than 105% of the minimum wage, Eurostat data for 2018 shows.

The share stood at 15.2% in 2018, but considering the minimum wage has been rising faster than other wages the proportion has likely increased since then.

Average monthly pay in Slovenia in 2023 was €2,221 gross or €1,445 net, according to the national Statistics Office.

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