The minimum wage becomes BGN 650 from January 1, 2021.

The minimum wage will become BGN 650 from January 1, 2021. Its amount will increase by 6.6% compared to the current year, the government decided.

The proposed new minimum wage of BGN 650 will contribute to reducing working poverty, reducing inequalities in income distribution, and increasing the purchasing power and consumption of the lowest-income groups in the labor market. Increasing the motivation of the workforce and reducing unfair competition.

From January 1, the minimum hourly wage will be BGN 3.92.

Source: BCCI

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