The new minimum wage will be RSD 58,630 (about EUR 500), or RSD 337 per hour, marking a 9.4% increase from the current rate.
Given that the amount of the minimum wage is usually adjusted once a year, based on negotiations in September, this increase represents an exception in order to increase the standard of living of the citizens. The previous regular increase of 13.7% took effect on 1 January 2025, while another regular increase of 10.1% is planned for 1 January 2026, which would bring the minimum wage to EUR 550. This means that over the course of just one year, the total increase would amount to as much as 37%.
In addition to raising wages, the government also increased the non-taxable portion of income from RSD 28,423 to RSD 34,221. This move lowers the overall tax burden on salaries, providing direct support to employers and encouraging job creation.
