Employers of Poland have recommended for the minimum wage in 2017 to be calculated according to an algorithm established in the minimum wage act, that is with added prognostics for the increase in the prices of consumer goods and services and 2/3 of GDP growth dynamics next year, including the verification index.
We have also suggested that the wage fund for public sector be maintained at last year’s level. Valorization using the inflation index alone would be unfavourable due to falling consumer prices, a trend that has been in force for the last 2 years.
We have also opted in favour of limiting the valorization index to the value based on the FUS pension act, guaranteeing an increase in pension benefits equal to inflation with added 20 percent of the real increase in average wages. This proposition takes into account the worsening condition of the Polish social insurance system.