Government approves 7.7 pct minimum wage hike from 2021

The minimum monthly wage in Poland will be raised from the current PLN 2,600 (EUR 585) to PLN 2,800 (EUR 630) from January 1, 2021, up by 7.7 percent, under a draft regulation adopted by the Cabinet on Tuesday, the Government Information Centre (CIR) has said in a statement.

In 2021, the minimum hourly rate will be hiked to PLN 18.30 (EUR 4.12) from PLN 17.00 (EUR 3.83), according to the statement.

Both figures are in line with the government's earlier proposals, CIR also said.

Raising of the minimum wage to the proposed rate in 2021 will increase state budget spending by ca. PLN 385.8 million (EUR 86.9 mln) and the minimum hourly rate hike will boost the budget expenditures by PLN 2.5 million (EUR 563,000), CIR earlier said.