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Home - The Minimum Hourly Wage Rate Will Increase to 2.166 euro in the Coming Year
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The Minimum Hourly Wage Rate Will Increase to 2.166 euro in the Coming Year

The minimum hourly wage rate will increase from 1.933 to 2.166 euro next year in Latvia, told a head of the Communication Department of Ministry of Welfare Marika Kupce to BNS.

The monthly minimum wage will be 360 euro from January 1, 2015. The government clarified minimum hourly wage rate on Tuesday that is necessary for the calculation of the monthly minimum wage in accordance with the new minimum wage and working time calendar in 2015.

The current minimum hourly wage rate of 1.933 euro will rise to 2.166 euro from January, 1. In addition, the minimum hourly wage rate will increase from 2.209 to 2.477 euro for teenagers and those at particular risk, since they are allowed to work not more than seven hours in a day and 35 hours per week as a whole according to labour legislation.

It is provided by the rules on the minimum monthly wage and the minimum hourly wage rate approved by the government on Tuesday, developed by the Ministry of Welfare.

The Ministry of Welfare reports that 200.1 thousand of people were receiving earned income in the amount of the monthly minimum wage and less in September 2014, including in the private sector, there were 174.600 of people, in the local government sector - 16.1 thousand of people, in the public sector - 9.3 thousand of people. Exactly the minimum monthly salary received 35.8 thousand of people in September, including in the private sector – 29.400, in the sector of local government – 5.5 thousand of people, in the public sector - 0.9 thousand of people.

As it was already reported by BNS that the government decided to increase the minimum wage from 320 to 360 euro per month in the next year.