--- title: Change in the minimum wage 01.12.2012 date: 2012-01-04T19:24:29Z modified: 2012-01-04T19:24:29Z permalink: "https://grow.ee/tootasu-alammaar/" type: post status: publish excerpt: "" wpid: 1070 timestamp: 2012-01-04T19:24:29Z tags: - Accounting --- As of 01.01.2012, the minimum wage for full-time work has been established at 1.80 euros per hour and **290 euros per month**. However, the minimum social security tax liability remained at **91.75 euros** per month. As a result, the employer must guarantee the employee a wage of at least the minimum wage specified above. However, it is worth considering whether to change or not to change the remuneration of a board member that has been paid at the minimum rate in force in the previous year. Namely, there is no obligation to pay the remuneration of a board member at a given rate. However, several companies have established the remuneration of a board member at the minimum rate due to the minimum social tax liability associated with the health insurance of a board member. The latter was previously equal to the amount of social tax paid on the minimum wage. Thus, there is no obligation to increase the remuneration of a board member and if it is not changed, the company will not incur additional costs.