By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sarajevo TimesSarajevo TimesSarajevo Times
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Search
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: Minimum Wage Hike Fails to Trigger Job Cuts, Employee Numbers Hold Steady
Share
Font ResizerAa
Sarajevo TimesSarajevo Times
Font ResizerAa
  • HOME
  • POLITICS
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
  • SPORT
  • ARTS
  • W&N
Search
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Follow US
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2012 Sarajevo Times. All rights reserved.
Sarajevo Times > Blog > WORLD NEWS > Minimum Wage Hike Fails to Trigger Job Cuts, Employee Numbers Hold Steady
WORLD NEWS

Minimum Wage Hike Fails to Trigger Job Cuts, Employee Numbers Hold Steady

Published April 29, 2025
Share
SHARE

The President of the Economic and Social Council for the territory of the Federation of BiH, Safudin Čengić, stated today that, according to data from relevant institutions, there has been no reduction in the number of employees in the FBiH in the three months following the increase in the minimum wage.

In a statement to the media after the ESV session, Čengić said that a large number of business entities have taken advantage of the Regulation that enabled the refund of part of the contributions paid in the difference between the previous and new minimum wage amounts (619 BAM and 1,000 BAM).

As he pointed out, the FBiH Government has found a way to nullify the negative impact of the increase in contributions.

He added that it has been agreed to continue activities to reduce contributions so that by January 1, 2026 they will be at the level of neighboring countries, which also requires the adoption of the Law on Fiscalization to improve discipline in paying taxes and contributions.

Čengić stated that the Government has been requested to consider the initiative of the Employers’ Association to amend the Law on Trade in the FBiH, which would allow a certain number of business entities to work on Sundays and holidays.

He pointed out that the Employers’ Association has also launched an initiative to amend the Regulation on the Amount of Daily Allowances and Business Travel Expenses, which has not been amended for 12 years, in order to increase the amount of the daily allowance from the current 25 BAM to around 50 BAM.

WikiLeaks’ Julian Assange faces US extradition judgment Day

Serbian President asked BiH Politicians: Do you want me to interfere in internal Affairs or not?

Statement of the OSCE Mission to BiH on the renewed co-operation between the Media and the City of Zenica

Stoltenberg in Sarajevo: “We are concerned about Secessionist Rhetoric and external Influences”

Slovenia Before The ICJ: Israel Must Allow Humanitarian Aid To Palestinians

Share This Article
Facebook Whatsapp Whatsapp Telegram Threads Bluesky Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article How Zeljka Cvijanovic, Despite Sanctions, Obtained A Visa To Enter The U.S.
Next Article Lana Pudar Trains in the USA with World’s Top Swimming Team
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

10.2kFollowersLike
10.1kFollowersFollow
414FollowersFollow

Latest News

Who Built the Clock Tower in Banja Luka? – Reconstruction Begins, Mystery Remains
May 2, 2026
Emir Spahic Brings another Player to the National Team of Bosnia and Herzegovina
May 2, 2026
On the Defense Request for Mladic’s Release – For Survivors, Such Requests Reopen Old Wounds
May 2, 2026
A Project worth Eight Billion Dollars in Preparation, Trains will run Three Times faster
May 2, 2026
Love Led Him to BiH: Italian Builds a New Life and Launches Successful Business
May 2, 2026
It’s never too late: Woman from Prnjavor graduates from Law School at 65
May 2, 2026
Toronto Mayor Olivia Chow Congratulates BiH National Team on World Cup Qualification
May 2, 2026
Western Balkans’ Growth Subdued, Unlocking Job Potential Key to Long-Term Prospects
May 2, 2026
Iranian MFA: A quick Outcome to Negotiations with the US is highly unrealistic
May 2, 2026
Entity Government issues Humanitarian Appeal over Ratko Mladic’s Health Condition
May 2, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?