Decision 113 dated 01.03.2023 On determining the minimum wage at national level

Decision

No. 113, dated March 1, 2023

For the determination of the national minimum wage

In support of Article 100 of the Constitution, and Article 111 of the law. No. 7961, dated July 12, 1996, “The Labor Code of the Republic of Albania,” as amended, and Article 4 of Law No. 10405 of March 24, 2011, “On Competences in Setting Salaries and Allowances,” upon the proposal of the Minister of Finance and Economy, the Council of Ministers

SET:

1. The minimum monthly basic wage for employees nationwide, which must be applied by any domestic or foreign legal or natural person, shall be 40,000 (forty thousand) lek.

2. The minimum monthly base wage is paid for 174 hours of work per month, performed during normal working hours.

3. The minimum hourly base wage shall be 229.9 (two hundred twenty-nine point nine) lek.

4. Permanent allowances are provided on top of the base salary.

5. Decision No. 604, date September 14, 2022, The Council of Ministers“ Decree ”On the Determination of the National Minimum Wage" is repealed.

This decision takes effect upon publication in the Official Gazette and extends its financial effects from April 1, 2023.

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Source: Official Publications Center.

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About the author

Andi Haxhillari is an economist and the founder of AlProfit Consult, an accounting, tax advisory, and financial management firm in Tirana, established in 2015. He holds the professional title of Certified Accountant, certificate no. 359, issued by the Certification Authority of the Ministry of Finance on July 4, 2012. He graduated with a Master's degree in Accounting and as a General Economist from the Faculty of Economics at the University of Tirana. For more than ten years, he has worked as an external economist for small and medium-sized businesses in Albania.

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