Amendment to Act No 294/2020 Coll., amending Act No 663/2007 Coll., on the minimum wage, was approved by the National Council of the Slovak Republic on 20 October 2020 and published in the Collection of Laws.
Pursuant to this approved amendment, with effect from 1 January 2021, the employees with the lowest wages will receive at least EUR 623 per month gross, which is EUR 508.45 net. The hourly minimum wage will increase to EUR 3.58. An increase in the minimum wage will result in an increase in the employee’s net wage of EUR 31.70.
The approved amendment to the Minimum Wage Act also regulates the automatic determination of the minimum wage.
The amendment to the Labour Code from 1 January 2021 will also bring changes in the determination of extra pay. These will no longer be tied to the percentage of the minimum hourly wage, but will be set as a fixed amount. This means, for example, that the extra wage will be EUR 1.79 for work on Saturday, EUR 3.58 for work on Sunday and EUR 1.43 for work at night.