12 minutes agoPublic sector wage growth hurts employment, private sector
Periskopi(8 years ago)
(8 years ago)Instead of the Government of Kosovo investing in increased employment, which is over 50% for the ages of 15 to 24, this institution is continuing to increase the budget for 80 thousand public sector employees, with which it increases the division between the public and the private sector by [...]
In a rough analysis, according to the Kosovo and Macedonia statistics entity, Kosovo has a total of 330,000 employees, while Macedonia has 730,000 employed.
On the next table, you can see the differences between Kosovo and Macedonia. Kosovo and Macedonia have an estimated population of 2 million people.
During yesterday's day, the Government of Kosovo has approved the proposal for salary increases for all categories of employees who receive salaries from the Kosovo budget, increasing the budget for 24m euros more than in 2017.
According to this decision, salaries increase 4 per cent on the base wage, starting on January 1st of 2018, but that this increase by Oda leaders in Kosovo is being seen with scepticism, where some of them, more likely, view job creation than wage increases for the public sector.
Kosovo's budget for this year will cost 598m euros in salaries and wages, which has also been disclosed by Finance Minister Bedri Hamza.
“For the salary and hire category for 2018 are meant to be 589m euros, an increase of 4.3 per cent in proportion to the budget's projected wage and salary expenses for 2017. This budget for wages and wages envisions salary increases for all employees in the public sector by January 1st 2018, wages for increased employment in the country's strategic sector and employment for new institutions”, he said. /Periscopi/
