The aim of the article is to assess - on the basis of a comparison of Czech and Slovak legislation relating to the conditions of the minimum wage indexation - whether it would be appropriate to use ...certain aspects of Slovak legislation in the Czech legislation and vice versa. When elaborating the article, some logical methods were used. In order to collect data, important employers were addressed in the South-Moravian Region. A carrying method used during the work was a comparison. Analyses were processed using the data of the Czech Statistical Office, the European Statistical Office and the Ministry of Labour and Social Affairs of the Czech Republic. To evaluate the research, the percentage representation of positive and negative responses and Pearson's Chi-square test were used. The paper presents the results of research whose aim was to get the views of entrepreneurs regarding the minimum wage level and conditions of its indexation. Employers supported the idea of maintaining the institution of the minimum wage. A predominant portion of companies would welcome it if the minimum wage were derived on the basis of an average wage, and the vast majority of companies would welcome the annual indexation of the minimum wage by inflation.
Research background: The government of the Czech Republic has agreed to an increase in the minimum monthly wage as of the beginning of 2017 to 11,000 CZK, which represents a year-over-year increase ...of over 11 %. The government is thus fulfilling its objective set out in February 2014 and stipulated in the Government Statement of Purpose, i.e. to approximate the minimum wage to 40 % of average wages. Purpose of the article: The purpose of the article is to assess the adequacy of the Government Minimum Wage Valorization Policy, in particular from two points of view. Firstly, in view of selected macroeconomic indicators in the Czech Republic — the development of consumer prices, average gross wages, economic growth and workforce productivity. Secondly, in comparison with other EU member states which have introduced the institution of a minimum wage. Methods: In order to assess the adequacy of government policy to improve the social protection of the rights of the working population, a background research was conducted into the literature of important studies on the effects of minimum wages on unemployment, while the development of average gross wages in the CR, the minimum monthly wages in the CR and the Kaitz index were also analyzed. Furthermore, an evaluation of selected macroeconomic indicators in the Czech Republic was performed by means of time lines and the percentage representation of employees in the individual gross wage bands according to sex and type of economic activity. Last, but not least, a comparison was made of minimum wages, real gross domestic product per capita and workforce productivity in Euros and in purchasing power standards between the Czech Republic and countries which have enacted the institution of minimum wages. Findings & Value added: The minimum wage in the Czech Republic is the fifth lowest in the EU. In the long term, it is earned by approximately 3% of employees, which is less than the rate common in other EU countries. Currently, the amount of the minimum wage is below the threshold of income poverty. In comparison with the GDP per capita in PPS and real labour productivity per person employed in other EU countries, the position of the Czech Republic is significantly better, although other EU countries offer higher minimum wages. The decision of the current government to significantly increase the minimum wage as of 2017 is correct.
The paper aims at modelling and quantifying the connection between minimum wage and the employment rate of workers distributed according to age in the Republic of Croatia, on the basis of data from ...the Labour Force Survey for the period from 2000 to 2010 and by using a panel method with fixed
effects aiming at proving the assumed hypothesis on the negative effect of the minimum wage increase on the employment rate of vulnerable groups of workers. The research results indicate the existence of a relationship with positive direction but little practical significance considering the need for a felt increase of minimum wage.
The existence of a universal minimum wage has been, and continues to be, an intensely debated issue. On the one hand, the controversy surrounding minimum wage appears to be partly justified because ...the effects of the introduction and increase of minimum wage may differ greatly depending on the labour market structure. On the other, the current academic literature on the subject do not provide clear evidence of which collectives are likely to be more affected in terms of employment by the introduction or increase of minimum wage. Using the data for the period 2000-2008, this study aims to examine the effect of minimum wage on the youth employment in Spain, taking into account both the existing regional differences and the dynamic behaviour of employment. Unlike other previous academic works on this subject, we are also going to consider the effect of seasonality on employment, a particularly wide-spread feature of youth employment in Spain. The results obtained in our analysis do not provide clear evidence about any negative effect of minimum wage on youth employment during the period under study. While this result may point out to the existence of a monopsonistic structure of the labour market, the coexistence of increases both in minimum wage and in youth employment rate during this period could also be explained in the light of a perfect competitive labour market with a high degree of dynamism and a structural change in employment demand.
Svrha ovoga rada je modelirati i kvantificirati vezu između minimalne plaće i stope zaposlenosti radnika distribuiranih po dobi u Republici Hrvatskoj primjenom podataka iz Ankete o radnoj snazi za ...period od 2000. do 2010. years i korištenjem panel metode s fiksnim efektima s ciljem dokazivanja pretpostavljene hipoteze o negativnome utjecaju povećanja minimalne plaće na stopu zaposlenosti ugroženih skupina radnika. Rezultati istraživanja ukazuju na postojanje veze pozitivnog smjera no s malom praktičnom značajnošću s obzirom da su potrebna osjetna povećanja visine minimalne plaće.
Płaca minimalna jest instrumentem polityki płac, wywierającym wpływ m.in. na koszty pracy oraz likwidowanie niekorzystnych form konkurencji. Zasadniczym celem pracy jest określenie wpływu zmian płacy ...minimalnej na liczbę młodych pracujących w Polsce. Wykazano, że zarówno poziom płacy minimalnej, jak i jej stosunek do wynagrodzenia przeciętnego są przyczynami w sensie Grangera liczby pracujących w wieku 15-29 lat w Polsce w okresie 1990-2013. Stwierdzono również, ceteris paribus, negatywny wpływ obu wymienionych zmiennych na liczbę młodych pracujących, przy czym w przypadku płacy minimalnej ten efekt jest opóźniony o jeden rok. Prognozy wariantowe do roku 2020 wskazują największą liczbę pracujących, jeśli płaca minimalna nie przekroczy 40% wynagrodzenia przeciętnego przy jednoczesnym utrzymaniu obecnego tempa wzrostu płacy minimalnej.
Minimum wage is an instrument of wage policy that influences, among others costs of work and the elimination of unfavorable forms of competition. The main goal of work is to determine the impact of minimum wage changes on the number of young people working in Poland. It has been shown that both the level of minimum wage and its relation to average remuneration are reasons in Granger’s sense of working numbers aged 15-29 in Poland in the period 1990-2013. It was also found, ceteris paribus, the negative impact of both mentioned variables on the number of young workers, with this effect delayed by one year in the case of the minimum wage. Variant forecasts up to 2020 indicate the highest number of employees if the minimum wage does not exceed 40% of average remuneration while maintaining the current rate of increase in the minimum wage.
Este artículo analiza las decisiones de los jóvenes españoles entre estudiar y trabajar haciendo especial énfasis en la influencia del Salario Mínimo Interprofesional (SMI) y la capacidad de ...financiación de los gastos educativos entre otros factores. Los datos usados provienen del primer ciclo del Panel de Hogares de la Unión Europea para España (PHOGUE) realizado en 1994 por el Instituto Nacional de Estadística (INE). Los principales resultados indican, en primer lugar, que altas rentas familiares, nivel de estudios del padre elevado y posesión de becas aumentan la permanencia del individuo en el sistema educativo, sobre todo si es mujer. En segundo lugar, en las comunidades autónomas con bajas tasas de paro y salarios medios cercanos al SMI, la probabilidad de permanecer en el sistema educativo sin trabajar es menor que en el resto de las comunidades. Finalmente, los individuos que viven simultáneamente en hogares con altas rentas familiares y en comunidades con índices de Kaitz por encima de la media tienen un mayor incentivo para seguir en el sistema educativo y fuera del mercado laboral, que el resto de los jóvenes. This paper analyzes the youth’s labor and education decisions, focusing on the influence of the minimum wage and their capacity to finance their general training between others factors. Data used are derived from the Panel de Hogares de la Unión Europea España (PHOGUE) provided by the Instituto Nacional de Estadística (INE). . First, , the main outcomes indicate that high income households, fathers with high educational level and grants increase the schooling years of the youth, especially in the women. Secondly, in the regions with low unemployment rates and average wages near the minimum wage, the probability of remaining at school, withouth working, is smaller otherwise. Finally, the individuals living, simultaneously, in high income families and in regions with Kaitz index above the average wages, have a bigger incentive to stay at school than the rest of the youth.
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