Remuneration for work is one of the fundamental institutions of labour law. Legal regulation of remuneration for work is important both for the individual worker and employer, as well as for the whole society and its social and economic development. The wage system in the private sector is based on the legal regulations in collective agreements (currently in sectoral collective agreements). The appropriate legislation is also extremely important and necessary.
The current legislation is good, but some amendments and additions are needed. Certain modifications and more unified regulation in the area of autonomous legal regulation, including the adoption of the overall intersectoral collective agreement for the private sector, would also be welcome.
The author first presents the inconsistent use of different terms and related terminological problems. Then he presents legal regulations of remuneration for work in international and domestic legal sources. Furthermore, the author analyzes the individual components of remuneration for work laid down in the Employment Relationship Act and collective agreements. He also discusses the regulation of protection of wages, minimum wage and minimum basic salaries, which are laid down in collective agreements. In conclusion, he presents the main shortcomings of the current legal regulation of remuneration for work in the private sector and proposes appropriate modifications.
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