Changes of minimum monthly salary from 1 January 2019

  • minimum hourly salary will be EUR 3,39.
  • minimum monthly salary will be EUR 555;

These minimum amounts are already multiplied by coefficient 1,289, therefore additional procedures of conversation are not required starting 2019.

Below is the table with the comparison of minimum rates applied until 31 December 2018 and from 1 January 2019:

 

Till 2018.12.31

From 2019.01.01

Minimum monthly salary, EUR

400

555

Minimum hourly salary, EUR

2,45

3,39

Recent Posts

Tightening the recruitment of foreigners and additional requirements for employers - Leinonen
5 days ago

Tightening the recruitment of foreigners and additional requirements for employers

Amendments of the Law on the Legal Status of Foreigners of the Republic of Lithuania (“the Law“) entered into force on 1 July 2024. The…

Continue reading
November 1, 2024

Employee motivation: how to find a balance between the capabilities of the company and effective benefits

For company managers, employee motivation must be considered in several aspects, including the selection of effective incentives and accurately calculating the budget allocated to them.…

Continue reading
October 22, 2024

Cancellation of Legal Entities’ Liquidation Procedures: Now Without Court Intervention

In recent years, the Lithuanian Register of Legal Entities (hereinafter – the Register Center) intensified its monitoring of companies that are not conducting business or…

Continue reading