Malta’s Minimum Wage Will Reportedly Increase To €213.54 Weekly As From Next January
Malta’s minimum wage will increase to €213.54 a week as of January 1st, the Malta Independent reported.
Yesterday, Prime Minister Robert Abela announced that the minimum wage is set to be increased every year for the next four years alongside the annual cost of living adjustments (COLA).
As it stands, the minimum wage is €192.73 per week, equivalent to €4.81 per hour – this is now increasing to €5.34. Moreover, this rise marks an €8 increase plus the €12.81 COLA which is calculated annually.
Overall and excluding COLA, the minimum wage will to €200.73 in 2024, to €203.73 in 2025, €206.73 in 2026, and €210.73 in 2027.
Do you think that this is an adequate increase?
Yesterday, Prime Minister Robert Abela announced that the minimum wage is set to be increased every year for the next four years.
As it stands, the minimum wage is €192.73 per week, equivalent to €4.81 per hour.
Do you think that this is an adequate increase?
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