Minimum wage: What the sixth increase will mean for 1.47 million private and public employees
At €1120.5, the cost of doing business for each low-paid worker is now €1120.5 after the increase in the minimum wage to €920 from April 1, while for employee, the net wage amounts to 771.7 euros after deducting social security contributions (123 euros) and the payroll tax (25.3 euros)
- Written by E.Tsiliopoulos