The increase in the minimum wage from ALL 40,000 to ALL 50,000 in 2026 significantly changed the relationship between wages, productivity and the cost of formalization. The ALTAX Study shows that the main challenge is not only whether the...
ALTAX Observatory publishes the new study "The Minimum Wage and Informality Model in Albania", an evidence-based analysis of the relationship between the minimum wage, labor productivity, informality, and employment during the period 2015–2025, as well as the potential effects...
The increase of the average wage from 75,025 ALL at the end of 2023 to 83,401 ALL in the fourth quarter of 2024 is a significant development that has attracted wide attention. This wage increase, amounting to 8,376 ALL more...
The relationship between wage setting and inflation has been closely monitored in recent years by the Bank of Albania and the former Ministry of Finance and Economy, as it was key to their success in achieving macroeconomic stabilization in an...
According to the international understanding of unit labor cost, it is seen as a broad measure of (international) price competition. It is calculated as the ratio of wages together with work-related compensations and bonuses to working hours. The calculation is...
