Defining a decent minimum wage is crucial

By: Trademagazin Date: 2020. 06. 03. 10:15

A decent living in the European Union, in which minimum wages play a key role, is essential for the recovery from the coronavirus epidemic and the creation of a fair and strong economy, the European Commission said when launching the second phase of the European minimum wage consultation on Wednesday.

The EU Commission, in consultation with European trade unions and employers’ representatives, is looking for answers on how to ensure a fair minimum wage for all EU workers.

The Commission communication emphasized that the minimum wages negotiated, applied and kept up to date provide a financial reserve for vulnerable workers in difficult times, provide increased incentives to work and thus increase productivity.

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