National minimum wage increased for 2023

IMPACT — MEDIUM

The government of Croatia recently increased its national minimum wage.

Key Points:

• Croatia’s monthly national minimum wage increased by 12.5% to €700.
• The new minimum wage took effect Jan. 1.
• Benefits cannot be included when calculating minimum salary requirements.

Additional Information: The minimum wage is relevant to all workers in Croatia whose wages cannot be lower than the minimum wage. Foreign workers must be paid above the minimum wage.

BAL Analysis: Businesses may see a slight increase in labor costs because of the new minimum wage. Employers should take the new wage minimums into account when planning their budgets.

This alert has been provided by the BAL Global Practice Group. For additional information, please contact berryapplemanleiden@bal.com.

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