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: Republika Srpska Government decided to Increase the Minimum Wage
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 > BUSINESS > Republika Srpska Government decided to Increase the Minimum Wage
BUSINESS

Republika Srpska Government decided to Increase the Minimum Wage

Published: May 20, 2021
Share
SHARE

The Republika Srpska government has decided to increase the minimum wage in Republika Srpska, RS Prime Minister Radovan Viskovic said today.

Thus, the lowest salary in RS will be increased from 520 to 540 BAM. Viskovic said that the RS Government would request a special session of the National Assembly so that the laws would pass the procedure by the end of May and so that their application would be from June 1.

He added that he has information that the collegium of the Assembly will be on May 24.

The Government of RS made a decision to allocate 70 million BAM from the budget annually to increase salaries.

In March 2021, the average monthly paid off net earning per person in employment in legal entities in Bosnia and Herzegovina amounted to 989 BAM, which represented the nominal increase of 0,2% as compared to December 2020. 

In comparison to March 2020 the average monthly paid off net earnings for March 2021 was nominally by 4,1% higher, BIH Agency for Statistics stated in the press release.

For the first quarter of 2021, the average monthly paid off net earning per person in employment in legal entities in BiH amounted to 973 BAM, and the fourth quarter of 2020 amounted to 972 BAM, which represent that the average monthly paid off net earnings was nominally by 0,2% higher in the first quarter of 2021 as compared to the fourth quarter of 2020. 

The coverage of the Trade Union Consumer Basket with an average salary is 51.57 percent. 

The consumer basket itself consists of the following categories: food 44.5 percent, housing and communal services 16.7 percent, hygiene and health maintenance 9.4 percent, education and culture 5.9 percent, clothing and footwear 10.7 percent, transportation 7, 4 percent and household maintenance 5.4 percent. 

In the food category, prices from three shopping centers were used for 85 items. 

When it comes to hygiene and maintaining health, the costs are included for 12 items, and for housing and communal services the costs for six items.

BHdiaFor: Establishment of the global development Network of BH Diaspora soon?
Emotional Farewell of FACP from the Best Dog-Miners
Construction of New Facilities to start soon in Srebrenica
Potatoes became Brand of Ljubuski recognizable all over the Country
How to reach higher Export to EU Market?
TAGGED:#wage
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 Palestinian Community in BiH announces a Rally of Support
Next Article Government decides to completely abolish Curfew in BiH
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

Plane carrying Ratko Mladic’s Body lands in Belgrade
September 3, 2026
POSKOK files an Indictment against Federal Minister Vojin Mijatovic
September 3, 2026
Distinguished Visitors Day Marks the Culmination of Exercise Quick Response 2026
September 3, 2026
International Residual Mechanism for Criminal Tribunals hands over Remains of Ratko Mladic to next of Kin
September 3, 2026
From Glorification to Profit: The Image of Ratko Mladic Was Used for Paid Ads
September 3, 2026
The First BiH Drones attracted the most Attention at the Defense Industry Fair
September 3, 2026
Vucic: Ratko Mladic’s Body Recovered, Expected to Arrive in Serbia This Afternoon
September 3, 2026
“Quick Response 2026”: Preservation of Peace and Security is a common Interest of all of us
September 3, 2026
Technology for Trust: Democracy starts at the Ballot Box, protecting every Vote is protecting Democracy
September 3, 2026
BiH Border Police prevent 96 People from illegally crossing the Border
September 3, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?