The minimum net wage in 2024 will amount MKD 22.567, marking an increase of gross wage by MKD 3.613 and MKD 2.392 in net wage compared to the 2023 minimum wage, the Economic and Social Council (ESC) decided during its second session on Friday.
“According to Article 4 of the Minimum Wage Law, the minimum gross wage for March each year is adjusted to: 50% of the increase in the average net wage paid for the previous year, based on date from the State Statistical Office and 50% of the rise in the cost of living index for the previous year, as per data from the State Statistical Office,” the Ministry of Labor and Social Policy (MLSP) said in a press release.
