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Minimum wage

What will be the minimum in 2027: Mali first promised 650 euros, then offered less than 600

11 August 2026, 13:09 MLJ
photo: Strahinja Acimović / tanjug
IS HE REALLY INTERESTED BECAUSE WHAT IS IN SELF-SERVICE: Siniša Mali
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The Ministry of Finance proposed a minimum of just under 600 euros from January 2027, although Sinisa Mali said that it should be 650 euros by the end of that year. The unions say that then it turns out that they will receive the promised 650 euros only in 2028.

"We promised in the Serbia 2027 program that by the end of 2027 we would have a minimum salary of 650 euros, and we are on our way to fulfill that promise," He said Minister of Finance Sinish Mali for RTS in May 2026.

However, his Ministry offered a minimum salary of less than 600 euros per month for the beginning of 2027. According to information from the United Branch Trade Unions "Independence", the proposal of the Ministry of Finance is to increase the minimum labor price by 9,2 percent from January 1, 2027, i.e. from 371 to 405 dinars per working hour, which is at the level of 70.470 dinars per month.

"We have scheduled the next meeting of the negotiating teams for Wednesday at 11 a.m. We will see if we will manage to bring our negotiating positions closer together, if we will reach some joint proposals during the negotiations. I am not a great optimist," said Miloš Miljković from UGS Nezavisnost for N1.

When will those 650 euros be available?

He added that it is not entirely clear whether Sinisa Mali's promise of 650 euros refers to the beginning or the end of the year.

"With this proposed increase, we are somewhere at 600 euros, so we were interested in whether that 650 referred to the beginning of the year or the end of the year. There was information and a statement that the plan is to negotiate in 2027 for 2028, so that in that way we can reach those 650 euros, which means that it is neither the middle nor the end of 2027, but only 2028," Miljković added.

The unions remain at the request to discuss the total wages and the problem of compression and to get a clear answer when the level of the minimum wage of 650 euros will be reached in the course of 2027.

The Federation of Independent Trade Unions of Serbia demanded even twice the minimum wage.

"We also expected information on salary increases in the public sector, but we did not receive that. Their projection is that the average salary next year will grow by around nine percent. If we know that it is now around 1.000 euros, that means we will remain below the previously projected 1.400 euros in 2027," said Dragan Todorović, a member of the negotiating team in front of the Federation of Independent Trade Unions of Serbia.

Regular or extraordinary increase

On January 1, 2026, the minimum wage in Serbia was increased by 10,1 percent. It was a regular increase in the so-called the minimum from 500 to 550 euros. Previously, the minimum wage was extraordinarily increased on October 1, 2025 to 337 dinars per working hour.

This would mean that workers will also receive a similar regular increase on January 1, 2026.

Although the President of Serbia, Aleksandar Vučić, constantly repeats that everyone is jealous of his fantastic economic successes, when the Serbian minimum is compared with the Slovenian and Croatian ones, you can see where Serbia is.

How much is enough?

The living wage, i.e. the wage that is sufficient to cover the basic social and existential needs of workers and their families, amounts to 154.740 dinars this year, the Center for Emancipation Policies announced today. It is claimed that the gap between the minimum wage and the living wage is narrowing year by year, but is still wide.

The current minimum wage is on average 65.000 dinars and covers 42 percent of what is enough for a decent life, according to the announcement. The Center says that 70.000 dinars is below the poverty risk threshold for a three-person household, which was 82.213 dinars last year.

"Although the legal framework dictates that the minimum income should guarantee a dignified life for working families, the reality is different - minimum wages keep people in poverty. That's why we need an assessment of the living wage and a development policy that will aim to provide everyone with dignified wages to live on, not survive," the statement said.

Why would anyone be "jealous" of Serbia

According to the last comparable publication of regional statistics, in August 2025, Slovenia had an average net salary of 1.562 euros, while the minimum wage for the entire year was 877 euros, plus allowances for meals during work, transportation and business travel expenses (in Serbia, the amount of the paid minimum wage is reduced for these items), according to Demostat.

Also, in Slovenia, employers are obliged to pay all workers an annual allowance, at least in the amount of one minimum wage, as well as a Christmas bonus of at least half of the lowest wage, which increases both average and minimum wages by at least 112 euros per month.

When it comes to expenses, in Slovenia, expenses for transportation and communication, as well as housing costs, are more dominant than food.

Employees in Croatia were paid an average of 1.446 euros for the month of August 2025, while the minimum wage was set for the entire year and amounted to 750 euros. A family of three spends 389 euros per month on food, which also includes basic hygiene products, which is 26,9 percent of the average salary.

 

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