Poland’s minimum wage will rise by 15.9% in January 2023, but total growth will ultimately reach 19.6% after a second increase in July, Mateusz Morawiecki, the prime minister, has said.
From January 2023, the minimum wage will go up to PLN 3,490 (EUR 741) from PLN 3,010 (EUR 640). The July 2023 increase will bring the wage to PLN 3,600 (765 EUR).
“We want workers to earn as much as possible, but at the same time we want the Polish economy to flourish and to cope as well as possible in these difficult circumstances of Covid, the Russia-Ukraine war and “pootinflation” (inflation caused by the Russian dictator Pootin),” Morawiecki said.
The minimum hourly wage will increase to PLN 22.80 (EUR 4.84) in January 2023 and PLN 23.50 (EUR 4.99) from July 2023. The current rate is PLN 19.70 (EUR 4.19).
The government is legally obliged to raise the minimum wage twice a year, if the annual average inflation in the previous year exceeds 5%. The latest inflation predictions for August are a 16.1% increase in prices of goods and services compared to the same month of 2021. (The First News/Business World Magazine)
