Minimum Salaries 2024
We hereby inform the business community and other interested parties that the national minimum wages, by sector of activity, for the year 2024, were approved by the Council of Ministers on 30 April 2024, with effect from April 1, 2024.
We present below, in a table format, the minimum wages which were in force throughout the year 2023 and those approved for 2024, by sector of activity.
Sector of Activity |
Minimum Salary |
|
2023 |
2024 |
|
Agriculture, Livestock, Hunting, and Forestry (Sector 1)[1] |
5.800,00 |
6.338,00 |
Shipping, Industrial and Semi-industrial Fishing (Sector 2)[2] |
6.220,75 |
6.531,79 |
Kapenta Fishing (Sector 2) |
4.791,68 |
4.941,68 |
Mining Extraction Industry - Large Companies (Sector 3)[3] |
12.020,20 |
14.183,8 |
Mining Extraction Industry – Quarrying, Sand Mining-medium Companies (Sector 3) |
7.380,00 |
7.700,00 |
Mining Extraction Industry - Salt Pans-micro and Small Companies (Sector 3) |
6.034,00 |
6.335,70 |
Manufacturing Industry (Sector 4)[4] |
8.747,50 |
9.497,50 |
Bakery Industry (Sector 4) |
6.300,00 |
6.800,00 |
Cashew Industry (Sector 4) |
5.853,21 |
6.278,21 |
Electricity, Gas, and Water Production and Distribution (Sector 5)[5] |
10.475,00 |
11.625,00 |
Electricity, Gas, and Water Production and Distribution - Small Companies (Sector 5) |
8.500,00 |
9.433,30 |
Construction (Sector 6)[6] |
7.409,08 |
8.000,00 |
Non-Financial Activities and Services (Sector 7)[7] |
8.574,00 |
9.560,00 |
Non-Financial Activities and Services - Private Security (Sector 7) |
7.825,00 |
8.190,00 |
Non-Financial Activities and Services - Hotel Industry (Sector 7) |
7.715,00 |
8.900,00 |
Non-Financial Activities and Services - Fuel Retailers (Sector 7) |
8.464,50 |
9.204,00 |
Financial Activities and Services - Banks and Insurance Companies (Sector 8)[8] |
16.061,32 |
17.881,32 |
Financial Activities and Services - Microfinance and Microinsurance (Sector 8) |
12.741,29 |
14.241,29 |
We would like to remind you that employers may set minimum wages higher than those indicated in the above table. Wages for other professional categories not covered by the adjustment of the minimum wage mentioned here are subject to individual or collective negotiation between employers and employees or their respective trade unions.
[1] According to Ministerial Decree No. 30/2024 dated 22 May
[2] According to Ministerial Decree No. 31/2024 dated 22 May
[3] According to Ministerial Decree No. 32/2024 dated 22 May
[4] According to Ministerial Decree No. 33/2024 dated 22 May
[5] According to Ministerial Decree No. 34/2024 dated 22 May
[6] According to Ministerial Decree No. 35/2024 dated 22 May
[7] According to Ministerial Decree No. 36/2024 dated 22 May
[8] According to Ministerial Decree No. 37/2024 dated 22 May