The government increased the minimum legal monthly salary requirement (SMIC) to €1,539.42 per month (a rise of 1.2%). The SMIC is the minimum legal salary for all workers in France. It is fixed as an hourly rate, with the monthly rate calculated assuming a 35-hour week.
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[close]Against the background of intolerably low wages in the Turkish metal industry, unions are joining forces to announce decisive industrial action. In a joint press conference, Özcelik-Is, Birlesik Metal-Is and Türk Metal, the three Turkish trade unions organising workers in the metal industries, have announced industrial action to increase pressure in their negotiations with the Turkish employers’ organisation MESS. At present, wages in the metal industry are barely above the recently increased national minimum wage, as a result of high levels of inflation.
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[close]The Consumer Price Index (CPI) increased from 2.6% to 3.4% year-on-year in December. The rapid increase was probably caused by rising goods and services prices, ahead of the January 2020 15.6% rise in the minimum wage, the highest ever.
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[close]From April, the state pension is set to rise at its fastest rate since 2012, with retirees receiving up to £342 (€407) more a year (up by 3.9%). Retirees on the new state pension will see their weekly pay rise to £175 (€208), while those on the basic state pension will get an increased weekly income of £134 (€159).
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[close]Bosses of FTSE 100 companies only needed to work until 5 PM on January 6 to earn as much as the average worker does in a year. The Chartered Institute of Personnel and Development and think tank the High Pay Centre said the findings revealed that the average FTSE 100 chief executive was paid £3.46 million (€4.12 million) in 2018, equivalent to £901.30 (€1,072.55) an hour. This is 117 times the wage of the average full-time worker, who takes home an annual salary of £29,559 (€35,175).
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[close]Members of trade union FNV have agreed to a pay deal reached in December 2019 for 200,000 employees working in hospitals. Employees covered by the collective agreement will receive a total pay increase of 8% over 27 months. In addition, to help obtain a better work-life balance, they will receive additional recovery time after on-call duty, extended from six to eight hours.
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[close]About 42% of disabled people in Hungary are employed, up from 18% in 2010, the Human Resources Ministry said. In absolute terms, the number of disabled Hungarians holding jobs has risen to 150,000 from 60,000. Payroll tax exemptions are available for employees with disabilities on up to double the minimum wage.
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[close]Prospects look good for 2020. The number of unemployed is at its lowest and the number of employed at its highest since data started to be collected in the 1960s. The Eurobarometer conducted on behalf of the European Commission in the second half of November shows that 81% of those interviewed consider the Maltese economic situation to be good, against just 45% of respondents in the euro area.
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[close]The government will propose to increase purchasing power for those receiving non-contributory pensions. Moreover, there will be a proposal for a reform of the workers’ statute, resulting in better protection for workers. Several elements of the Labour Reform of 2012 will be revoked, including the possibility for employers to fire employees for being sick and to change working conditions unilaterally.
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[close]In protest against a requirement that all property transfers should be recorded electronically, the unions of notaries from Athens and Piraeus called on their members to strike. The notaries said they are not opposed to taking over the responsibility from tax authorities, but warned about the lack of a legislative framework that will allow them to carry out these transactions safely for citizens and the state.
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