On 21 August, the government, the Union of Employers of Serbia (UPS) and the Union of Independent Trade Unions of Serbia (SSSS) started negotiations on the minimum wage increase for 2024. At the meeting, the trade unions complained that they did not receive in writing the reason why the minimum wage was not increased once again this year. Only the Social and Economic Council was informed that there wouldn’t be a minimum wage increase because inflation is 14.3%. Before the start of negotiations on the minimum wage, SSSS published an analysis titled “Profits, wages and pensions in the Republic of Serbia”, which indicates low growth rates of gross domestic product (GDP) and industrial production last year, as well as a reduction in real wages and pensions and particularly high growth of profits in the business sector.
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For more information, please contact Paul de Beer or Oana Ciuca, De Burcht (Scientific Bureau for the Dutch Trade Union Movement) p.t.debeer@uva.nl or the Head of communications at the ETUI, Mehmet Koksal mkoksal@etui.org. For previous full issues of the Collective bargaining newsletter please visit https://www.etui.org/Newsletters/Collective-bargaining-newsletter or consult the archive with all articles in our database at www.cbnarchive.eu.
You may find further information on the ETUI at www.etui.org.