2012 minimal wages

On January 21, 2012, in Remuneration, by Kalina Jaroslawska

The beginning of each year traditionally sees a new rate of minimal wages being set.

With respect to 2011, the 2012 minimal wages rose by about 8 per cent – from 1386 PLN to 1500 PLN. Gross 1500 PLN equals to net (i.e. upon deduction of tax and social insurance contributions) 1111 PLN, which is 79 PLN more than in 2011. Looking at it from the employer’s viewpoint, the new minimal wage will cost them an additional amount of 262 PLN, which includes social insurance contributions to financed by the employer from their own resources. As a result, the employer’s total cost of 2012 minimal wages will be 1762 PLN.

The employers’ organizations point out that due to a rise in the minimal wages the companies will be more reluctant to hire new employees, particularly those without qualifications and in less economically developed regions. The employers may also resort to other forms of employment that employment contracts.

Image: creativedoxfoto / FreeDigitalPhotos.net

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