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Subject: minimum wage, calculation of the minimum wage according to (ILO), Macedonia, average wage, comparative analysis.


Year: 2018


Type: Journal Article



Title: The Concept of Minimum Wage - The Case of the Republic Of Macedonia


Author: Trenovski, Borce
Author: Kozheski, Kristijan



Abstract: A well-designed and effective minimum wage can contribute to a better and fair distribution of the fruits of progress for all, without distorting the economic dimension. In this regard, the paper analyzes the minimum wage system in the Republic of Macedonia. Тhe paper generally follows the basic dimensions of the minimum wage: the level of minimum wage, the coverage of the minimum wage and the ratio of the minimum to the average wage. For that purpose, an analysis is based on data from the European Statistical Office (Eurostat) and the State Statistical Office (SSO). The paper cover time period from 2006 to 2017, while the analysis generally is focused on 2017. Thus, we made attempt to calculate the level of minimum wage in Macedonia for 2017, as well as to compare the situation in Macedonia with selected countries in the region.


Publisher: Faculty of Economics – Skopje, University Ss. Cyril and Methodius, Skopje


Relation: Annual of the Faculty of Economics – Skopje



Identifier: oai:repository.ukim.mk:20.500.12188/4753
Identifier: Trenovski, B. and Kozheski, K., (2018): "“The Concept of Minimum Wage - The Case of the Republic Of Macedonia” Annual of the Fac-ulty of Economics – Skopje, University Ss. Cyril and Methodius, Skopje, Vol.53 C.1-654 Skopje 2018, pp. 515-529
Identifier: http://hdl.handle.net/20.500.12188/4753
Identifier: https://efskopje-my.sharepoint.com/personal/administrator_eccf_ukim_edu_mk/_layouts/15/onedrive.aspx?id=%2Fpersonal%2Fadministrator_eccf_ukim_edu_mk%2FDocuments%2FAttachments%2FGodisnik%202018%20final%2Epdf&parent=%2Fpersonal%2Fadministrator_eccf_ukim_edu_mk%2FDocuments%2FAttachments&slrid=c4bdb39e-909d-7000-a77f-e2f5f93083eb



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The Concept of Minimum Wage - The Case of the Republic Of Macedonia201833