"This practically means that the times of low-budget construction are over for good, and 2020 will be marked by rising labour costs," said Spectis in a press release.
In 2019, the Polish government, following reelection by the Law and Justice Party, introduced a sharp rise of as much as 15% in the national minimum wage, and a 10% hike in social insurance contributions from employers. These measures placed a higher burden on smaller construction firms and sole traders. Larger construction companies are now required to conduct either Employee Capital Schemes (PPK) or Employee Pensions Schemes (PPE).
Full article: www.industryeurope.com
