Three-way talks fail to settle minimum wage increase

Representatives of government, the unions, and business failed to agree at a meeting Monday on how much minimum wages should increase this year. They agreed however that a new framework for working out the regular increases should be established. Unions have suggested that the increase should be 1500 crowns with the bosses favouring 800 crowns. The Ministry of Labour has suggested a 1200 crown increase. The rise should be finalised this year before lower house elections scheduled for October. The basic guideline is that the minimum wage should be at least two-fifths of the average wage.

Author: Chris Johnstone