Slovakia - Minimum wage will increase by 5.9% - August 31, 2026
The minimum wage will rise by € 57 to € 972 monthly from January 2027, a 5.9% increase, after employers and trade unions failed to reach an alternative agreement in tripartite negotiations. Under national law, when social partners cannot agree, the minimum wage automatically defaults to 60% of the average nominal wage recorded two years earlier, which for 2027 meant using the 2025 average of € 1,620. Around 120,000 workers currently earn the basic minimum wage, and Labour Minister Erik Tomáš projected the 2028 minimum could reach € 1,016.
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