A proposal to increase the minimum wage by 20 euros to 420 euros next year has reached Lithuania's Tripartite Council which is set to make the decision later.
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Lithuanian economists and trade union officials say that the government's planned tax and pension system reform unveiled on Monday will lead to a rise in wages, but will not help to drastically curb emigration.
The government's efforts to talk to social partners and match different interests are welcome, however, implementation of the National Agreement, which was signed on Monday, is questionable, as it may not secure support among other political forces, says professor Vitalis Nakrošis of the Vilnius Uni...
Lithuania's government, business representative and trade unions on Monday signed an agreement, declaring pledges to raise wages, cut taxes on labor and encourage collective contracts.
The majority halted the new Labour Code in the hopes of an extra half a year allowing employer and employee representatives to reach compromise on the most disputed questions. It would appear that such expectations were overly optimistic.
Lithuanian employers are considering a possibility of a public pledge to raise wages in exchange of consideration of their proposals of regulation of labor relations, delfi.lt news portal said, adding that trade unions are cautious about the proposal.
The Lithuanian parliament on Wednesday overturned the presidential veto of a new Labour Code that was adopted by the Seimas in June, thus paving the way for the legislation aimed liberalizing labor relations to come into effect in early 2017.
