“Locked” at 830 euros gross minimum wage (an increase of €50) and will enter into force on 1 April.

«The decision is well thought out, relieves workers without affecting the strength of the economy and the competitiveness of businesses.», the Prime Minister said. «The reduction of unemployment is not at risk», he noted.

At the same time, he estimated that the move would not create inflationary pressures. Recalled that yesterday the government spokesman, Pavlos Marinakis, during the briefing of political editors, had said that the new increase in the minimum wage is the fourth consecutive increase in these almost five years. The minimum wage from 650 euros in 2019 and 650 euros has reached 780 euros, while the average wage has reached 1251 from 1046 euros in 2019.».

The net salary of 666.85 euros is now 666.85 euros, will go to 705,96 euros, from 1 April.

It should be noted that the increases in the minimum wage involve a range of pay. In particular:

The 19 allowances that are being increased are:

Special maternity benefit: Minimum wage
Parental leave allowance: Minimum wage
End-of-unemployment benefit: 13 daily allowances
Three-month stay on the unemployment register: 15 daily allowances
Prisoners' allowance: 15 daily allowances
Back to work: 20 daily allowances
Employer insolvency: up to 3 salaries
Seasonal construction worker: the 70% of 37 full-time equivalent wages - From 902,43 to 961,08 euros.
Seasonal tanneries: the 70% of 50 full days' pay - From EUR 1 219,50 to EUR 1 298,76
Seasonal for artists, theatres, tourism: the 70% of 25 full-time equivalents - From EUR 609,75 to EUR 649,38
Other seasonal workers (forestry workers - resin mill workers, tobacco workers, potters - ceramists - brickmakers - bricklayers and shipyard workers): the 70% of 35 full-time equivalents - From EUR 853,65 to EUR 909,13
Non-employee benefit: Monthly unemployment benefit - From EUR 479 to EUR 510.13
Employment allowance: 50% unemployment benefit - from €239.5 to €255.06
Allowance for Pupils of PES: 75% per diem - from 26,13 euros to 27,82 euros
Traineeship allowance (IEK TYPA): 80% minimum wage - from 624 euros to 664.56 euros
Gaining work experience: Minimum wage - From €780 to €830.
Public benefit programmes: Minimum wage
Employment Programs:50% - 90% minimum wage subsidy
For working students participating in examinations: 30 per diem for undergraduates / 10 per diem for postgraduates

Easter gift

The Easter Gift will also be increased that workers will receive, as its level follows that of the minimum wage. Since the bonus is calculated on the basis of the regular wages paid on the 15th day before Easter and since the minimum wage will have increased from April 1, this year's Easter gift is expected to amount to EUR 406 for those who have worked the entire 4-month period from 1 January to 30 April.

Also, according to the report of the Bank of Greece in its opinion during the consultation process, the announced increase will also affect the wages of those who are not paid at the minimum wage. Also, based on the corresponding report by IOBE, will also push up average wages in several sectors.

As the Labour Market Needs Assessment Mechanism also shows, for all employment, the median wage in 2022 (the wage that is exactly in the middle of the wage scale for all full-time workers in the private sector) is 933.3 euros, in wholesale and retail trade it is 850 euros, in professional, scientific and technical activities it is 1,050 euros, while in financial and insurance activities it is 1,236 euros and in the activities of heterogeneous organisations and institutions,.

What about triennials?;

Also, minimum wage with an increase of 6.5%, to 830 euros and a three-year service brings the salary to 913 euros for a single person and 996 euros for a married person. Also for a single person, two three-year contracts will give a salary of 996 euros and for a married person, a salary of 1,079 euros. Three three-year contracts for a single person will give 1,079 euros and for a married person 1,162 euros.