SITE FILES
     
 
INFORMATION

on the amount of minimum pay for the
period JULY – DECEMBER 2007.




Pursuant to Article 112., para.3. of the Labor Law (“Official Gazette of the RS”, nos. 24/05 and 61/05), referring to determining of minimum pay for the period July – December 2007, taking into consideration all the parameters defined in it (living costs, average pay movements in the Rep. of Serbia, existential and social needs of an employee and of his family, unemployment rate, employment trends in the labor market and general economic development level of the Rep. of Serbia), after previous consultation of social partners, the Socio-Economic Council reached a Decision at the Session held on July 9, 2007 that the minimum pay should be determined in the following amount:

Din. 63,50 per work hour (at monthly level), according to average monthly total number of hours of 174, i.e. Din. 11.049,00, meaning an increase of minimum pay by 15,40% relative to the current that would amount to 41,48% of average net pay in the Republic, realized in May 2007 (Din. 26.632).

Review of minimum earnings determined so far:


Minimum pay Minimum pay
(per work hour) (monthly level)

January – June 2002 Din. 18,46 Din. 3.212,04
July – December 2002 Din. 22,50 Din. 3.915,00
January – June 2003 Din. 25,00 Din. 4.350,00
July – December 2003 Din. 27,00 Din. 4.698,00
January – June 2004 Din. 31,00 Din. 5.394,00
July – December 2004 Din. 35,00 Din. 6.090,00
January – June 2005 Din. 38,50 Din. 6.699,00
July – December 2005 Din. 41,00 Din. 7.134,00
January – June 2006 Din. 46,00 Din. 8.004,00
July – December 2006 Din. 49,00 Din. 8.526,00
January – June 2007 Din. 55,00 Din. 9.570,00.


In Belgrade, July 10, 2007 UBU “Nezavisnost”


 
     
 
 
 
 
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