Minimum wage will reach 53,592 dinars in 2025

Representatives of the trade unions, employers, and the Government addressed the public regarding the results of their talks about increasing minimum wage after the session of the Socio-Economic Council.
According to Serbian Prime Minister Miloš Vučević, they agreed upon the minimum wage during the session for the first time in six years. It means that the Government will not have to make the decision unilaterally.
Miloš Vučević said that they agreed upon the increase of the minimum wage by 13.7 percent (308 dinars per hour, or 53,592 dinars per month) after many meetings, discussions and a lot of work. According to the PM, the minimum consumer basket from May (53,518 dinars) will be covered by this amount of the minimum wage.
As Finance Minister Siniša Mali mentioned, the non-taxable income threshold will increase to 28,432 dinars from January 1. A record-low unemployment rate of 9.4 percent was also highlighted by him.
A satisfaction with the outcome of the negotiations was expressed and the focus areas for the upcoming period were pointed out by the President of the Employers’ Union, Miloš Nenezić.
The sum of 62,000 dinars was demanded by the trade unions, the employers’ wish went slightly above 50,000 dinars, and a desire for the amount to be between 53,000 and 53,500 dinars was expressed by President Aleksandar Vučić.
Čedanka Andrić, President of the Nezavisnost Association of Trade Unions, said that fifty-six percent of the average salary provided a good starting point for the negotiations they will continue to have. He also added that he would have been much more satisfied if that amount could have been higher at the moment, but this is the kind of consensus that could be achieved.

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