minimum wage

Serbia Sets 2027 Minimum Wage at Nearly €600 as Labour Costs Continue to Increase

Serbia plans to raise the statutory minimum wage to RSD 70,470 per month, or approximately €600, from January 2027, extending a series of increases that are lifting labour costs across the economy. The proposed rate compares with the current monthly minimum of RSD 64,554. The minimum hourly wage would increase from RSD 371 to RSD 405, representing an increase of approximately 9.2%. The government also plans to raise the non-taxable salary threshold by a similar percentage, providing employers with partial…