In response to citizens’ questions about the new minimum wage increase, the Minister of Labor and Social Security, Niki Kerameos, has provided answers through a series of informative videos published on social media. The new 6.02% minimum wage increase for 2025 takes effect today, Tuesday, April 1, 2025, benefiting over 1.6 million citizens. Here are the key Q&A details:
1. How much will the minimum wage increase? The minimum wage will rise by €50 gross per month, resulting in an additional €34-43 net monthly income and €473-606 annually, depending on family status.
2. If I work part-time at minimum wage, will I see an increase? Yes, the increase applies to all forms of employment—full-time, part-time, and temporary—proportionate to hours worked.
3. Are triennial bonuses affected by this increase? Yes, triennial bonuses, which supplement the minimum wage based on seniority, also increase.
4. Are employers required to pay the minimum wage? Absolutely. Employers must comply; failure to do so should be reported to the Labor Inspectorate or via the hotline 1555.
5. Will the minimum wage increase further in the coming years? The goal is to reach €950 by 2027, with future adjustments tied to inflation and productivity.
6. Why isn’t the minimum wage increasing more? Balancing employee income enhancement with economic sustainability is crucial, ensuring businesses and public finances can absorb the changes.
7. Which allowances are impacted by the minimum wage increase? Allowances like parental leave, marriage, maternity, and unemployment benefits are affected, as they are tied to the minimum wage.
Minister Kerameos promises more Q&A sessions soon.