List of European countries by minimum wage
The following list provides information relating to the minimum wages (gross) of countries in Europe.[1][2]
The calculations are based on the assumption of a 40-hour working week and a 52-week year, with the exceptions of France (35 hours),[3] Belgium (38 hours),[4] United Kingdom (38 hours),[3] Germany (38 hours),[5] Ireland (39 hours)[5] and Monaco (39 hours).[6] Most minimum wages are fixed at a monthly rate, but some countries set their minimum wage at an hourly rate or annual rate.
Maps
[edit]Net income
[edit]The map below shows adult, minimum monthly income after the deduction of taxes and social charges; some countries have a different rate for certain age brackets (e.g. under 21).
Purple |
€1,200 and above |
Light blue |
€600 to €1,199 |
Yellow |
€300 to €599 |
Red |
below €300 |
Countries marked on the map in dark red do not have a minimum wage.
Net income (adjusted for living costs in PPP)
[edit]The map below shows adult, minimum monthly income after the deduction of taxes and social charges, and adjusted for living costs expressed in PPP.
Purple |
€2,000 and above |
Light blue |
€1,200 to €1,999 |
Yellow |
€600 to €1,199 |
Red |
below €600 |
Countries marked on the map in dark red do not have a minimum wage.
Gross income
[edit]The map below shows adult, minimum monthly income before the deduction of taxes and social charges; some countries have a different rate for certain age brackets (e.g. under 21).
Purple |
€1,500 and above |
Light blue |
€800 to €1,499 |
Yellow |
€400 to €799 |
Red |
below €400 |
Countries marked on the map in dark red do not have a minimum wage.
Disparities between gross-to-net income ratios, across countries, result from the differences in their national tax systems.
Minimum wages by country
[edit]Country names link to their Economy pages.
Country | Monthly minimum wage | Hourly rate (gross) | Exchange rate to EUR | Effective at | |||||
---|---|---|---|---|---|---|---|---|---|
Net (EUR) | Net (PPP)[7][i] | Gross (EUR) | Local currency | Local | USD | PPP[7][ii] | |||
Albania | 362[8][9] | 845 | 407[10] | 40,000 Lek[11][12] | 230 Lek[12] | 2.55[13] | 5.47 | 0.0102[14] | 1 Apr 2023 |
Andorra | 1287[15][16] | 2106 | 1376 | €1,376.27[17] | €7.94[17] | 8.50[18] | 13.00 | 1 | 1 Jan 2024 |
Belarus | 158[19][20] | 699 | 176[21] | Rbls 626.00[22][23] | Rbls 3.73[24] | 1.14[25] | 4.65 | 0.2816[26] | 1 Jan 2024 |
Belgium | 1959[27] | 2786 | 2070 | €2,070.48[28] | €12.57[28] | 13.58[29] | 17.88 | 1 | 1 May 2024 |
Bosnia and Herzegovina | 317 (FBiH)[30][31] |
895 (FBiH) 1297 |
486 (FBiH)[34][35] |
• KM 948.47 (FBiH, gross)[30] |
KM 5.47 (FBiH)
KM 7.76 (RS) |
3.04 (FBiH)[38]
4.32 (RS)[39] |
7.90 (FBiH)
11.21 (RS) |
0.5120[40] | 1 Jan 2024 /
1 Jan 2024 |
Bulgaria | 427[41] | 1069 | 551[41] | 1,077 Lev[42] | 6.49 Lev[42] | 3.59[43] | 8.30 | 0.5113[44] | 1 Jan 2025 |
Croatia | 753[45] | 1710 | 970 | €970.00[46] | €6.06[46] | 6.55[47] | 13.77 | 1 | 1 Jan 2025 |
Czech Republic | 704[48][49] | 1399 | 821[50] | 20,800 Kč[51] | 124.40 Kč[52] | 5.33[53] | 9.76 | 0.0395[54] | 1 Jan 2025 |
Estonia | 763[55] | 1265 | 820 | €820.00[56] | €4.73 | 5.07[57] | 7.84 | 1 | 1 Jan 2024 |
France | 1426[58] | 2135 | 1802 | €1,801.84[59][58] | €11.88[58] | 12.83[60] | 17.78 | 1 | 1 Nov 2024 |
Germany | 1538[61] | 2142 | 2111 | €2,111.03 (38 h/week)[62] |
€12.82[62] | 13.85[63] | 17.86 | 1 | 1 Jan 2025 |
Greece | 834[64][65] (12-month) |
1571 (12-month) |
968 | €830 / €968.33 (12-month basis)[66][65] | €5.81[64] | 6.27[67] | 10.94 | 1 | 1 Apr 2024 |
Hungary | 433[68][69]/ 530 (sk.)[70] |
993 / 1213 (sk.) |
652[71] / 796 (sk.)[72] |
266,800 Ft /[73] 326,000 Ft (skilled) |
1,534 Ft[73] | 4.07[74] | 8.58 | 0.0024[75] | 1 Dec 2023 |
Ireland | 2034[76] | 2734 | 2282 | €2,281.50 (39 h/week)[77] |
€13.50[77] | 14.60[78] | 18.15 | 1 | 1 Jan 2025 |
Latvia | 623[79] | 1220 | 740 | €740.00[80] | €4.27 | 4.62[81] | 8.36 | 1 | 1 Jan 2025 |
Lithuania | 777[82] | 1582 | 1038 | €1,038[82][83] | €6.35[84] | 6.90[85] | 12.93 | 1 | 1 Jan 2025 |
Luxembourg | 2184 /[86] 2542 (sk.) |
2657 / 3092 (sk.) |
2571 / 3085 (sk.) |
€2,570.93 /[87][88] €3,085.11 (skilled) |
€14.86[87] | 16.13[89] | 18.08 | 1 | 1 Sep 2023 |
Malta | 808[90] | 1456 | 925[2] | €925.34[91][92] | €5.34[91] | 5.73[93] | 9.62 | 1 | 1 Jan 2024 |
Moldova | 220[94][95][96] | 590 | 257[97] | 5,000 Lei[98] | 29.58 Lei[98] | 1.65[99] | 4.08 | 0.0515[100] | 1 Jan 2024 |
Monaco | 1842[101] | 2311[102] | 2008 | €2,007.72[103] | €11.88[103] | 12.94[104] | 14.91[102] | 1 | 1 Nov 2024 |
Montenegro | 600 /[105] 800 (sk.) |
1626 / 2168 (sk.) |
670 /[106] 894 (sk.) |
€600 (net) /[107][108] €800 (skilled, net) |
€3.45 | 3.75[109] | 9.35 | 1 | 1 Oct 2024 |
Netherlands | 2257[110] | 2946 | 2437 | €2,437.07 (40 h/week)[111] |
€14.06[111] | 15.28[112] | 18.36 | 1 | 1 Jan 2025 |
North Macedonia | 366[113] | 1242 | 541[114][115] | 22,567 DEN[116][117] (net) | 130.19 DEN (net) | 2.30[118] | 7.16 | 0.0162[119] | 1 Mar 2024 |
Poland | 803[120][121] | 1824 | 1067[122] | 4,666 zł[123][124] | 30.50 zł[124] | 7.58[125] | 15.84 | 0.2287[126] | 1 Jan 2025 |
Portugal | 903[127] (12-month) |
1651 (12-month) |
1015 | €870 / €1,015 (12-month basis)[127] | €5.86 | 6.33[128] | 10.71 | 1 | 1 Jan 2025 |
Romania | 517[129][130] | 1319 | 814[131] | 4,050 Lei[132] | 24.50 Lei[133] | 5.32[134] | 12.55 | 0.2009[135] | 1 Jan 2025 |
Russia | 183[136][137] | 688 | 210[138] | 22,440 ₽[139] | 129.46 ₽ | 1.32[140] | 4.56 | 0.0094[141] | 1 Jan 2025 |
Serbia | 458[142] | 1146 | 619[143][144] | 53,592 DIN[145] (net)[146] | 308 DIN[145] (net) | 2.84[147] | 6.59 | 0.0085[148] | 1 Jan 2025 |
Slovakia | 664[149][150] | 1254 | 816 | €816.00[150] | €4.69[151] | 5.07[152] | 8.87 | 1 | 1 Jan 2025 |
Slovenia | 902[153][154] | 1585 | 1254[2] | €1,253.90[155] | €7.23 | 7.78[156] | 12.71 | 1 | 1 Jan 2024 |
Spain | 1170[157] (12-month) |
1963 (12-month) |
1323 | €1,134 / €1,323 (12-month basis)[158] | €8.87[159] | 9.55[160] | 14.88 | 1 | 1 Jan 2024 |
Ukraine | 144[161][162] | 560 | 179[163] | ₴8,000[164][165] | ₴48.00[164] | 1.16[166] | 4.17 | 0.0223[167] | 1 Apr 2024 |
United Kingdom | 1880[168][169] | 2412 | 2239[170] | £1,883.79 (38 h/week)[171] |
£11.44[171] | 14.77[172] | 17.44 | 1.1886[173] | 1 Apr 2024 |
Minimum wages by country (other countries)
[edit]Countries that have main territories in Asia, with small or no territories in Europe:
Country | Monthly minimum wage | Hourly rate (gross) | Exchange rate to EUR | Effective at | |||||
---|---|---|---|---|---|---|---|---|---|
Net (EUR) | Net (PPP)[7][i] | Gross (EUR) | Local currency | Local | USD | PPP[7][ii] | |||
Armenia | 180[174] | 511 | 250[175][176] | ֏75,000 (net)[177][178] | ֏450 (net)[177] | 1.17[179] | 3.07 | 0.0024[180] | 1 Jan 2023 |
Azerbaijan | 171[181][182] | 622 | 187[183] | ₼345 (gross)[184][185] | ₼1.99 | 1.17[186] | 3.92 | 0.5414[187] | 1 Jan 2023 |
Cyprus | 886 /[188] 797 |
1530 / 1377 |
1000[2] / 900 |
€1,000 (normal) /[189][190]
€900 (first 6 months) |
€5.77 | 6.23[191] | 9.97 | 1 | 1 Jan 2024 |
Georgia | 5[192][193] /
350[194] |
18 /
1188 |
7 (priv.)[195] /
446 (pub.)[196] |
₾20.00 (private sector) [197][198][199] / | ₾0.12
₾7.67 |
0.04[204]
2.79[205] |
0.14
8.74 |
0.3353[206] | 19 Jun 1999 /
1 Jan 2024 |
Kazakhstan | 137[207][208] | 454 | 161[209] | ₸85,000[210] (gross)[211] | ₸490.38 | 1.00[212] | 3.07 | 0.0019[213] | 1 Jan 2024 |
Turkey | 456[214][215] | 1343 | 537[216] | ₺20,002.50[214] | ₺115.40 | 3.36[217] | 9.12 | 0.0268[218] | 1 Jan 2024 |
Minimum wages by country (other territories)
[edit]The following list includes states with limited recognition:
Country | Monthly minimum wage | Hourly rate (gross) | Exchange rate to EUR | Effective at | |||||
---|---|---|---|---|---|---|---|---|---|
Net (EUR) | Net (PPP)[7][i] | Gross (EUR) | Local currency | Local | USD | PPP[7][ii] | |||
Kosovo | 326[219] | 937 | 350 | €350.00[220][221] | €2.00[222] | 2.18[223] | 5.75 | 1 | 1 Oct 2024 |
Northern Cyprus | 944[224][225] | ― | 1085[226] | ₺40,436[224] | ₺233.28[224] | 6.80[227] | ― | 0.0268[228] | 1 Sep 2024 |
Countries with no minimum wage
[edit]In some countries, the minimum wage has been replaced with another system designed to establish an adequate income level, such as the use of collective labour agreements. See also Guaranteed minimum income and Universal basic income.
- Austria[3]
- Denmark[3]
- Finland[3]
- Iceland[3]
- Italy[3]
- Liechtenstein[229]
- Norway[3] (Except for 9 selected industries.)[230]
- San Marino[231][232]
- Sweden[3]
- Switzerland[3] (Except the cantons of Basel-Stadt, Geneva, Jura, Neuchâtel, and Ticino)[233]
- Vatican City[234]
For comparison
[edit]Country | Monthly minimum wage | Hourly rate | Exchange rate to EUR | Effective at | |||||
---|---|---|---|---|---|---|---|---|---|
Net (EUR) | Net (PPP)[7][i] | Gross (EUR) | Local currency | Local | USD | PPP[7][ii] | |||
United States | 1044 (fed. avg)[235][236] 1490 (mean avg)[237][238] |
1134 (federal) / 1619 (mean avg) |
1157[239] | US$1,257[240] (40-hour workweek) |
US$7.25[240] (federal rate) | 7.25 | 7.25 | 0.9204[241] | 24 Jul 2009 |
Canada | 1611 (avg.)[242][243] | 2090 | 1978[244] | CA$2,999[245] (40-hour workweek) |
CA$17.30[245] (federal rate) | 12.40[246] | 14.80 | 0.6596[247] | 1 Apr 2024 |
See also
[edit]- List of European Union member states by minimum wage
- List of European countries by average wage
- List of European countries by budget revenues per capita
- List of European countries by GNI (nominal) per capita
- International organisations in Europe
- List of minimum wages by country
- List of countries by GDP (nominal)
- List of countries by GDP (PPP)
- List of countries by wealth per adult
Notes
[edit]- ^ a b c d Formula: Net amount in local currency / (divided by) PPP conversion rate. The value is expressed in Int$.
- ^ a b c d Formula: Hourly amount in local currency / (divided by) PPP conversion rate. The value is expressed in Int$.
References
[edit]- ^ "Statuory minimum wages_in the EU - 2018: First Findings" (PDF). Eurofound. Archived (PDF) from the original on 31 August 2020. Retrieved 1 January 2018.
- ^ a b c d "Labour Market Database // Detailed datasets // Earnings (earn) // Minimum wages (earn_minw)". ec.europa.eu. Eurostat. → "Monthly minimum wages - bi-annual data (earn_mw_cur)". 31 January 2024. Retrieved 14 February 2024.
- ^ a b c d e f g h i j "Minimum wage statistics". eurostat. Archived from the original on 7 February 2016. Retrieved 27 December 2016.
- ^ "Employment". Belgium.be. 3 October 2010. Archived from the original on 3 August 2020. Retrieved 10 October 2017.
- ^ a b "Statutory minimum wages, 2023". Eurofound. 20 January 2023. Retrieved 19 March 2023.
- ^ "Circulaire n° 2016-12 du 28 décembre 2016 relative au S.M.I.C. Salaire Minimum Interprofessionnel de Croissance applicable à compter du 1er janvier... / Journal 8311 / Année 2017 / Journaux / Accueil - Journal de Monaco". journaldemonaco.gouv.mc. Archived from the original on 3 August 2020. Retrieved 23 January 2019.
- ^ a b c d e f g h "World Economic Outlook database, October 2024 Edition. Report for Selected Countries and Subjects ― Implied PPP conversion rate". imf.org. International Monetary Fund. 22 October 2024. Retrieved 23 October 2024.
- ^ "Salary Calculator Albania". AlbanianXrm. Retrieved 13 February 2024.
- ^ "35520 Albanian Lek (ALL) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "40000 Albanian Lek (ALL) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "Paga minimale në Shqipëri u rrit në 40 mijë lekë ("The minimum wage in Albania increased to 40 thousand ALL")". Portalb.mk (in Albanian). 1 March 2023. Retrieved 2 March 2023.
- ^ a b "Minimum Wage – Albania". WageIndicator.org. 15 January 2024. Retrieved 13 February 2024.
- ^ "230 Albanian Lek (ALL) to U.S. Dollar (USD)". WorldForexRates. 2 November 2024.
- ^ "Convert Albanian Lek (ALL) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "¿Cuánto se debe cotizar en la CASS? ("How much should you contribute to the CASS?")". AndorraTarinas.com (in Spanish). 2 March 2023. Retrieved 22 February 2024.
CASS: Andorran Social Security Fund - [...] Your contribution to the CASS must be 6.5% of the gross salary, which will be the contribution that will be passed on to the worker's payroll. [...] is used to contribute 3% for general benefits and 3.5% for retirement. (Translation)
- ^ "Salario mínimo en Andorra (2024): cuanto se puede ahorrar ("Minimum wage in Andorra (2024): how much can you save")". YoMeAnimo.com (in Spanish). 23 January 2024. Retrieved 22 February 2024.
The minimum wage established by the Government of Andorra for 40 hours per week is EUR 1,376.27 gross per month, with two days off per week.[...] From the gross salary, 6.5% is deducted for social security. (Translation)
- ^ a b "Inspecció de Treball // Salari mínim i festius nacionals i parroquials // Salari mínim interprofessional". treball.ad (in Catalan). Government of Andorra. → "CIRCULAR INFORMATIVA SALARI MÍNIM (a partir del dia 1 de gener del 2024) ("INFORMATION CIRCULAR MINIMUM WAGE (as of January 1, 2024)")" (PDF) (in Catalan). 20 December 2023. Retrieved 13 February 2024.
(Translation) ...the minimum salary from January 1, 2024 for any salaried person over 15 years is:
• Hourly wage: €7.94
• Daily wage: €63.52
• Monthly salary: €1,376.27 - ^ "7.94 Euro (EUR) to U.S. Dollar (USD)". WorldForexRates. 13 February 2024.
- ^ "Калькулятор расчета заработной платы в Беларуси 2024 ("Payroll Calculator in Belarus 2024")". avcd.by (in Russian). AVOCADO – Internet marketing, Web development, Business in Belarus. 3 February 2024. Retrieved 13 February 2024.
Amount in hand: 560.98 BYN (Translation)
- ^ "561 Belarusian ruble (BYN) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "626 Belarusian ruble (BYN) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "Минимальная заработная плата. Минимальная заработная плата в 2024 году ("Minimal salary. Minimum wage in 2024")". etalonline.by (in Russian). Archived from the original on 8 January 2024. Retrieved 13 February 2024.
In accordance with Resolution of the Council of Ministers of the Republic of Belarus dated December 1, 2023 No. 859, from January 1, 2024, the monthly minimum wage is set at 626 rubles. (Translation)
- ^ "Минимальная заработная плата в Беларуси ("Minimum wage in Belarus")". Myfin.by (in Russian). 12 February 2024. Retrieved 13 February 2024.
As of January 2024, the minimum wage is set at 626 rubles. In 2023, the minimum wage was 554 rubles.[...] According to the Law of the Republic of Belarus, the hourly minimum wage is the result of dividing the amount of the minimum monthly wage by the ratio of the estimated working time of the calendar year and the number of months of the calendar year. (Translation)
- ^ "Расчетная норма рабочего времени на год ("Estimated working hours for the year")". etalonline.by (in Russian). Archived from the original on 3 December 2023. Retrieved 13 February 2024.
For 2024 – For a five-day work week with days off on Saturday and Sunday – 2016 [hours] (Translation)
- ^ "3.73 Belarusian ruble (BYN) to U.S. Dollar (USD)". WorldForexRates. 2 November 2024.
- ^ "Convert Belarusian ruble (BYN) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "Calculez votre salaire brut en net ("Calculate your gross and net salary")". lacsc.be (in French). Confederation of Christian Trade Unions. Retrieved 25 October 2024.
NET SALARY = €1,958.90 (Translation)
- ^ a b "Salaires minimums - Belgique ("Minimum wages - Belgium")". Votresalaire.be (in French). 27 July 2024. Retrieved 25 October 2024.
The current minimum wage in Belgium is €2,070.48 per month in 2024. It came into force on 1 May 2024. [...] The work week is 38 hours, with a maximum of 9 hours per day and 45 hours per week. (Translation)
- ^ "12.57 Euro (EUR) to U.S. Dollar (USD)". WorldForexRates. 25 October 2024.
- ^ a b "Najniža plata u FBIH za 2024. godinu ("The lowest salary in FBIH for 2024")". respect.ba (in Bosnian). RESPECT – One Stop Accounting Agency. 4 January 2024. Retrieved 14 February 2024.
In the "Official Gazette of FBIH" number 101 of December 29, 2023, the Decision on the amount of the lowest salary for the year 2024 was published in the net amount of 619 KM, which is in the gross amount 948.47 KM. (Translation)
- ^ "619 Bosnia and Herzegovina convertible Mark (BAM) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ a b "KALKULATORI / Plata za puno radno vrijeme ("CALCULATORS / Full time salary")". KontoProm.com (in Bosnian). Retrieved 14 February 2024.
- ^ "897.75 Bosnia and Herzegovina convertible Mark (BAM) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "OBRAČUN PLAĆE ("PAYROLL ACCOUNTING")". finprofi.ba (in Bosnian). Retrieved 14 February 2024.
(Translation) [FBiH] Salary structure:
1) Amount of salary on hand (amount paid to the worker)
2) + income tax
3) Net salary or basis for tax calculation (1+2)
4) + contribution from salary (PIO, Health, Unemployment = 31% of gross salary)
5) Gross salary (3+4) - ^ "948.47 Bosnia and Herzegovina convertible Mark (BAM) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "1344.26 Bosnia and Herzegovina convertible Mark (BAM) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "Minimalna plata u Republici Srpskoj za 2024. godinu ("Minimum wage in the Republic of Srpska for 2024")". respect.ba (in Bosnian). RESPECT – One Stop Accounting Agency. 4 January 2024. Retrieved 14 February 2024.
The Decision on the lowest salary in the Republic of Srpska for 2024 was published in the Official Gazette of the Republic of Srpska No. 114 of 29 December 2023. The lowest net salary is 900 KM, gross 1344.26 KM. The same is applied to salary calculations from January 1, 2024. (Translation)
- ^ "5.47 Bosnia and Herzegovina convertible Mark (BAM) to U.S. Dollar (USD)". WorldForexRates. 2 November 2024.
- ^ "7.76 Bosnia and Herzegovina convertible Mark (BAM) to U.S. Dollar (USD)". WorldForexRates. 2 November 2024.
- ^ "Convert Bosnia and Herzegovina convertible Mark (BAM) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ a b "Gross to Net Salary Calculator". sb-bg.com. Sb Accounting & Consulting. 23 August 2024. Retrieved 25 October 2024.
- ^ a b "Министър Иванов: Минималната заплата ще бъде 1077 лв. от 1 януари 2025 г. ("Minister Ivanov: The minimum wage will be BGN 1,077 from January 1, 2025")". mlsp.government.bg (in Bulgarian). Government of Bulgaria. 23 October 2024. Retrieved 25 October 2024.
The minimum wage in the country will be BGN 1,077 from January 1, 2025. Its amount will increase by 15.4% or BGN 144 compared to its current value. [...] the minimum hourly rate will be BGN 6.49. (Translation)
- ^ "Convert from Bulgarian Lev (BGN) to United States Dollar (USD)". The Money converter.com. 25 October 2024.
- ^ "Convert from Bulgarian Lev (BGN) to Euro (EUR)". The Money converter.com. 25 October 2024.
- ^ "RRiF-ov kalkulator - Kalkulator plaće ("RRiF's calculator - Salary calculator")". rrif.hr (in Croatian). Retrieved 25 October 2024.
- ^ a b "Sjednica Vlade RH: Minimalna plaća za 2025. godinu 970 eura bruto". mrosp.gov.hr (in Croatian). Ministry of Labour and Pension System, Family and Social Policy. 24 October 2024. Retrieved 25 October 2024.
At the 35th session of the Government of the Republic of Croatia, held on Thursday, October 24, 2024, the Proposal for a Decree on the Minimum Wage for 2025 was accepted. The minimum gross salary in 2025 will amount to 970 euros,[...] The increase in the minimum wage will automatically raise the student hourly wage from EUR 5.25 to EUR 6.06 (Translation)
- ^ "6.06 Euro (EUR) to U.S. Dollar (USD)". WorldForexRates. 25 October 2024.
- ^ "Výpočet čisté mzdy: mzdová kalkulačka 2024 ("Calculating Net Salary: Salary Calculator 2024")". mesec.cz (in Czech). Retrieved 25 October 2024.
- ^ "17837 Czech Koruna (CZK) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "20800 Czech Koruna (CZK) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "Minimální mzda se v příštím roce výrazně zvýší o 1 900 Kč na 20 800 Kč měsíčně, schválila vláda v nařízení ("Next year, the minimum wage will significantly increase by CZK 1,900 to CZK 20,800 per month, the government approved in a regulation")". mpsv.cz (in Czech). Ministry of Labour and Social Affairs (Czech Republic). 18 September 2024. Retrieved 25 October 2024.
More information can be found in the press release. (Translation)
- ^ "Tisková Zpráva ("Press Release")". mpsv.cz (in Czech). Ministry of Labour and Social Affairs (Czech Republic). 18 September 2024. Retrieved 25 October 2024.
The monthly minimum wage [...] will therefore be announced by the Ministry of Internal Affairs and Communications in the Collection of Laws and International Treaties, in the amount of CZK 20,800 or CZK 124.40 per hour. (Translation)
- ^ "124.40 Czech Koruna (CZK) to U.S. Dollar (USD)". WorldForexRates. 2 November 2024.
- ^ "Convert Czech Koruna (CZK) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "Palgakalkulaator. Bruto ja neto palga + maksude kalkulaator ("Salary calculator. Gross and net salary + tax calculator")". teadmiseks.ee (in Estonian). 3 January 2024. Retrieved 14 February 2024.
- ^ "Miinimumpalk ja keskmine palk Eestis ("Minimum wage and average wage in Estonia")". teadmiseks.ee (in Estonian). 3 January 2024. Retrieved 14 February 2024.
In 2024, the minimum wage will increase by 95 euros and will amount to 820 euros. (Translation)
- ^ "4.73 Euro (EUR) to U.S. Dollar (USD)". WorldForexRates. 14 February 2024.
- ^ a b c "SMIC 2025 / Quel est le montant du SMIC Net? - Taux applicables au 01/11/2024 ("Minimum wage 2025 / What is the amount of the Net SMIC? - Rates applicable from 01/11/2024")". FranceTransactions.com (in French). 22 October 2024. Retrieved 25 October 2024.
(Translation) As of November 1, 2024, the monthly minimum wage for full-time work (35-hour base) will be 1,801.84 euros gross, or 1,426.33 euros net.
HOURLY MINIMUM WAGE RATE as of 01/11/2024
- Gross hourly minimum wage: 11,88 €
- Net hourly minimum wage: 9,42 € - ^ "SMIC: la hausse du 1er janvier 2025 est avancée au 1er novembre prochain ("SMIC: the increase of January 1, 2025 is brought forward to November 1")". GerantdeSARL.com (in French). 2 October 2024. Retrieved 25 October 2024.
- ^ "11.88 Euro (EUR) to U.S. Dollar (USD)". WorldForexRates. 25 October 2024.
- ^ "German Gross/Net Calculator – Wage Calculator for Germany". BBX.de. 23 June 2024. Retrieved 25 October 2024.
- ^ a b "Wer profitiert vom gestiegenen Mindestlohn? ("Who benefits from the increased minimum wage?")". bundesregierung.de (in German). Press and Information Office of the Federal Government. 14 October 2024. Retrieved 25 October 2024.
The minimum wage will rise to 12.82 euros per hour by January 1, 2025. (Translation)
- ^ "12.82 Euro (EUR) to U.S. Dollar (USD)". WorldForexRates. 25 October 2024.
- ^ a b "Υπολογισμός καθαρού μισθού ("Calculation of net salary")" (in Greek). Vontikakis, Software - Business - Development. 10 October 2022. Retrieved 29 March 2024.
- ^ a b "Δόμνα Μιχαηλίδου: «Προχωράμε σε νέα γενναία αύξηση του κατώτατου μισθού» ("Domna Michailidou: We are moving forward with a new brave increase in the minimum wage")". ypergasias.gov.gr (in Greek). Ministry of Labour and Social Affairs (Greece). 29 March 2024. Retrieved 29 March 2024.
Today, the Council of Ministers approved the increase of the minimum wage to 830 euros and the minimum daily wage to 37.07 euros.[...] On a twelve-month basis, as Eurostat calculates, the minimum wage with the new increase is 968.33 euros and the annual salary is 11,620 euros.[...] On a twelve-month basis, the net minimum wage amounts to 834 euros from 638 euros in 2019. (Translation)
- ^ "Κατώτατος Μισθός ("Minimum wage")". ypergasias.gov.gr (in Greek). Ministry of Labour and Social Affairs (Greece). 20 March 2023. Retrieved 14 February 2024.
- ^ "5.81 Euro (EUR) to U.S. Dollar (USD)". WorldForexRates. 29 March 2024.
- ^ "Salary calculator 2024 - Conversion of monthly gross income to net wage". Fizetesek.hu. Retrieved 14 February 2024.
- ^ "177422 Hungarian Forint (HUF) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "216790 Hungarian Forint (HUF) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "266800 Hungarian Forint (HUF) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "326000 Hungarian Forint (HUF) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ a b "Minimálbér 2024: íme, minden részlet ("Minimum wage 2024: here are all the details")". ado.hu (in Hungarian). 27 November 2023. Retrieved 14 February 2024.
The mandatory minimum wage from December 1, 2023:
• in case of monthly salary, HUF 266,800/month [...]
• HUF 1,534/hour if an hourly wage is applied
The guaranteed minimum wage of an employee employed in a position requiring at least a secondary education/professional qualification in case of full-time work as of December 1, 2023:
• 326,000 HUF/month in case of monthly salary [...]
• HUF 1,874/hour if an hourly wage is applied (Translation) - ^ "1534 Hungarian Forint (HUF) to U.S. Dollar (USD)". WorldForexRates. 2 November 2024.
- ^ "Convert Hungarian Forint (HUF) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "Budget 2025". TaxCalc.ie. Retrieved 25 October 2024.
[Annual] Net Income: 24,407 [€]
- ^ a b "Minimum wage". citizensinformation.ie. Citizens Information Board. 2 October 2024. Retrieved 25 October 2024.
Budget 2025 announced that, from 1 January 2025, the minimum wage for people aged 20 and over will increase by 80 cents to €13.50 per hour.
- ^ "13.50 Euro (EUR) to U.S. Dollar (USD)". WorldForexRates. 25 October 2024.
- ^ "Kalkulators: kāda būs tava alga, ja pieņems nodokļu reformu ("Calculator: What will your salary be if tax reform is passed?")". LSM.lv (in Latvian). Public Broadcasting of Latvia. 12 September 2024. Retrieved 25 October 2024.
In order for employees to be able to calculate what their salary would be in 2025,[...] the Ministry of Finance (FM) has created a Salary Calculator
- ^ "FM rīkā darba ņēmēji var aprēķināt algu 2025. gadam atbilstoši darbaspēka nodokļu izmaiņu piedāvājumam". fm.gov.lv (in Latvian). Government of Latvia. 9 September 2024. Retrieved 25 October 2024.
The minimum wage in 2025 will increase from 700 to 740 euros per month, in 2026 to 780 euros per month, from 2027 to 820 euros per month, and from 2028 to 860 euros per month. (Translation)
- ^ "4.27 Euro (EUR) to U.S. Dollar (USD)". WorldForexRates. 25 October 2024.
- ^ a b "Lithuanian government approves 114-euro minimum wage rise". LRT.lt. Lithuanian National Radio and Television. 28 August 2024. Retrieved 23 October 2024.
On Wednesday, Lithuania's cabinet of ministers decided to increase the minimum monthly wage by 114 euros, to 1,038 before tax. Next year, minimum wage earners will see their disposable income rise to around 777 euros a month, up by 69 euros.
- ^ "Vyriausybėje patvirtintas 2025 m. valstybės biudžeto projektas ("The draft state budget for 2025 was approved by the government")" (in Lithuanian). Government of Lithuania. 16 October 2024. Retrieved 23 October 2024.
In the next year's budget, it is proposed to increase the minimum monthly salary (MMA) by 12.3%, from 924 to 1038 euros. This change will mean an additional income increase of 68.97 euros in the hands of the lowest income earners. (Translation)
- ^ "Minimalioji mėnesinė alga (MMA) ir minimalusis valandinis atlygis (MVA) ("Minimum monthly wage (MMA) and minimum hourly wage (MVA)")". tagidas.lt (in Lithuanian). 30 August 2024. Retrieved 23 October 2024.
(Translation) From 01.01.2025:
MMA - 1038 EUR
MVA - 6.35 EUR - ^ "6.35 Euro (EUR) to U.S. Dollar (USD)". WorldForexRates. 23 October 2024.
- ^ "Calculate your salary in Luxembourg". Calculatrice.lu. Retrieved 9 April 2024.
- ^ a b "Minimum Wage - Luxemburg". WageIndicator.org. 15 January 2024. Retrieved 15 February 2024.
- ^ "Paramètres sociaux applicables à partir du 1er janvier 2024 ("Social parameters applicable from January 1, 2024")". FEDIL.lu (in French). Retrieved 9 April 2024.
- ^ "14.86 Euro (EUR) to U.S. Dollar (USD)". WorldForexRates. 9 April 2024.
- ^ "Malta Salary Calculator - Updated for 2024". maltasalary.com. 6 January 2023. Retrieved 15 February 2024.
- ^ a b "National Minimum Wage". dier.gov.mt. Government of Malta. 25 October 2023. Retrieved 15 February 2024.
For 2024, the national minimum wage per week of whole-time employees is:
• Age 18 years and over: €213.54
[...] 2024 Hourly rate: €5.34 - ^ "Minimum Wage – Malta". WageIndicator.org. 15 January 2024. Retrieved 15 February 2024.
- ^ "5.34 Euro (EUR) to U.S. Dollar (USD)". WorldForexRates. 15 February 2024.
- ^ "Întrebarea săptămânii: M-am angajat recent la un loc de muncă. Salariul indicat în contractul individual de muncă este salariul pe care îl voi primi lunar?". social.gov.md (in Romanian). Ministry of Labour and Social Protection (Moldova). 10 November 2023. Retrieved 9 April 2024.
According to chapter 4 of the Fiscal Code of the Republic of Moldova, employees [who have an annual taxable income of less than 360,000 lei] can benefit from the following exemptions:
– the monthly personal exemption, in the amount of 2250 lei; (Translation) - ^ "Calculator salarii brut - net - total 2024". Salarii.md (in Romanian). 29 January 2024. Retrieved 9 April 2024.
Calculation options - Personal exemption: Normal (Translation)
- ^ "4274 Moldovan Leu (MDL) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "5000 Moldovan Leu (MDL) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ a b "SALARIUL MINIM PE ŢARĂ ÎN ANUL 2024 VA CONSTITUI 5000 LEI, MAI MARE CU 1000 DE LEI DECÂT ÎN 2023". gov.md (in Romanian). Government of Moldova. 6 December 2023. Retrieved 17 January 2024.
Starting next year, the national minimum wage will increase from 4,000 to 5,000 lei. The decision was approved today during the Government meeting, after the prior consultation of the social partners. The amount of the national minimum wage is established for a full work schedule of 169 hours, constituting 29.58 lei per hour. (Translation)
- ^ "29.58 Moldovan Leu (MDL) to U.S. Dollar (USD)". WorldForexRates. 2 November 2024.
- ^ "Convert Moldovan Leu (MDL) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "Cotisations // Employeur // Calcul du bulletin de salaire ("Contributions // Employer // Calculation of the pay slip")". caisses-sociales.mc (in French). Monaco Social Funds (CSM). 1 October 2024. → "Calcul du bulletin de salaire à partir des montants nets ("Calculation of the payslip from net amounts")". Retrieved 5 November 2024.
Net salary // Number of normal hours: 169 // Hourly wage: 10.3050
Premiums not subject to contributions // Compensation of 5% on salaries equal to the minimum: 100.39 → (Calculate)
Total gross remuneration to be declared: 2,007.73
NET TO PAY: 1,841.94 (Translation) - ^ a b "MONACO - Statistical Database - UNECE". w3.unece.org. United Nations Economic Commission for Europe. Retrieved 5 November 2024.
Purchasing Power Parity (PPP) – EUR per USD, US=1, 2017 – 0.797
- ^ a b "Circulaire n° 2024‑11 du 28 octobre 2024 relative au S.M.I.C. Salaire Minimum Interprofessionnel de Croissance applicable à compter du 1er novembre 2024. ("Circular No. 2024-11 of October 28, 2024 relating to the SMIC Minimum Interprofessional Growth Wage applicable from November 1, 2024")". journaldemonaco.gouv.mc (in French). Journal de Monaco - Official Bulletin of the Principality of Monaco. 1 November 2024. Retrieved 5 November 2024.
The social partners are informed that,[...] the hourly rate of the minimum wage amounts to:
- hourly wage: €11.88
- monthly salary: €2,007.72 (for 39 hours per week or 169 hours per month)
It is recalled that,[...] minimum remuneration must be increased by an exceptional allowance of 5% of its amount. (Translation) - ^ "11.88 Euro (EUR) to U.S. Dollar (USD)". WorldForexRates. 5 November 2024.
- ^ "Minimum Salary Changes Announced - Montenegro". fragomen.com. Fragomen, Del Rey, Bernsen & Loewy. 1 November 2024. Retrieved 2 November 2024.
Effective October 1, 2024, the minimum salary level is as follows:
• Positions requiring first- to fifth-level educational qualifications: EUR 600 net a month.
• Positions requiring sixth-level or higher education qualifications: EUR 800 net a month. - ^
- "Obračun plate ("Salary calculation")". Asistent.Me (in Bosnian). Retrieved 2 November 2024.
Earnings for full-time work of 174 hours per month are calculated according to the formula: Gross salary - personal income tax (0%) - PIO Fund (15%) - unemployment insurance (0.5%) = Net salary // Source: Ministry of Finance (Translation, paraphrased)
- "Spajic: Average salary soon to be €1,000, minimum average salary to be €700, PIO Fund not to be abolished". cdm.me. Cafe del Montenegro. 18 July 2024. Retrieved 2 November 2024.
Contributions for the Pension and Disability Insurance Fund (PIO) at the expense of the employee will go down from 15% to 10%.
- "Obračun plate ("Salary calculation")". Asistent.Me (in Bosnian). Retrieved 2 November 2024.
- ^ "Спајић: Просечне зараде ускоро 1.000 евра, повећање пензија од јанаура за 50-60 евра". Politika (in Serbian). 18 July 2024. Retrieved 2 November 2024.
Prime Minister of Montenegro and PES leader Milojko Spajić presented today the Fiscal Strategy for the period 2024-2026. [...] It is specified that through the Labor Law, employees with secondary education will receive 600 euros, and those with higher education will receive 800 euros. It was announced that from October 1 [...] we will firstly have a reduction in the contribution on the employers from 5.5% to 0%, and a reduction in the contribution on the employee from 15% to 10%. (Translation)
- ^ "Od oktobra veće plate u Crnoj Gori ("Higher wages in Montenegro since October")". N1info.rs (in Bosnian). N1 (TV channel). 7 September 2024. Retrieved 2 November 2024.
The members of the Montenegrin Parliament adopted late last night the budget rebalance, as well as the set of laws provided for in the Fiscal Strategy, based on which [...] the minimum wage will increase from 450 to 600 or 800 euros, depending on the educational level, and the tax burden on employers will also decrease. (Translation)
- ^ "3.45 Euro (EUR) to U.S. Dollar (USD)". WorldForexRates. 2 November 2024.
- ^ "Dé Bruto/Netto-Check: Proforma Advanced (2025 concept)" [The Gross/Net Check: Proforma Advanced (2025 draft)]. loonwijzer.nl (in Dutch). WageIndicator Foundation. Retrieved 1 November 2024.
- ^ a b "Minimum wage amounts". government.nl. Government of the Netherlands. 30 October 2024. Retrieved 1 November 2024.
View the minimum wage amounts (before tax) that apply as of 1 January 2025:
• 21 years and older: €14.06
• 20 years: €11.25
• 19 years: €8.44
• 18 years: €7.03
• 17 years: €5.55
• 16 years: €4.85
• 15 years: €4.22 - ^ "14.06 Euro (EUR) to U.S. Dollar (USD)". WorldForexRates. 1 November 2024.
- ^ "22567 Macedonian Denar (MKD) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "Калкулатор на бруто - нето плата со сите придонеси и даноци - 2024 година ("Gross - Net salary calculator with all contributions and taxes - 2024")". plata.m.ie.mk (in Macedonian). Retrieved 23 March 2024.
- ^ "33353 Macedonian Denar (MKD) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "ЕСС: Минималната плата за 2024 година 22.567 денари". libertas.mk (in Macedonian). 22 March 2024. Retrieved 23 March 2024.
The minimum wage for 2024 will amount to 22,567 denars in net amount and it shows an increase of 3,613 denars in gross amount, i.e. 2,392 denars in net amount in relation to the minimum wage for 2023, it was determined at today's second session of the Economic and Social Council (ESC). (Translation)
- ^ "Се зголемува минималната плата во Македонија за март 2024 година – нето износот ќе изнесува 22.567 денари". lider.mk (in Macedonian). 22 March 2024. Retrieved 23 March 2024.
At the session of the Economic and Social Council (ESC) held in the Government on March 22, it was decided that the minimum wage for March, which should be paid in April, will see a significant increase. (Translation)
- ^ "130.19 Macedonian Denar (MKD) to U.S. Dollar (USD)". WorldForexRates. 2 November 2024.
- ^ "Convert Macedonian Denar (MKD) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "4 666.00 zł brutto – sprawdź ile to netto ("PLN 4,666.00 gross – check how much it is net")". zarobki.pracuj.pl (in Polish). Retrieved 26 October 2024.
- ^ "3510.92 Polish Zloty (PLN) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "4666 Polish Zloty (PLN) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "4666 zł brutto. Ile to netto? Jakie minimalne wynagrodzenie trafi na konta pracowników w 2025 roku". PIT.pl (in Polish). 15 October 2024. Retrieved 26 October 2024.
The regulation on the minimum wage in 2025 has been published in the Journal of Laws. As a result, the national minimum wage will amount to PLN 4,666 next year.[...] Net salary to be paid: 3,510.92 PLN NET, i.e. paid to the employee 'in hand'. (Translation)
- ^ a b "ROZPORZĄDZENIE RADY MINISTRÓW w sprawie wysokości minimalnego wynagrodzenia za pracę oraz wysokości minimalnej stawki godzinowej w 2025 r. ("REGULATION OF THE COUNCIL OF MINISTERS on the minimum wage and the minimum hourly rate in 2025.")" (PDF). dziennikustaw.gov.pl (in Polish). Journal of Laws of the Republic of Poland. 13 September 2024. Retrieved 26 October 2024.
Based on art. 2 section 5 of the Act of 10 October 2002 on the minimum wage [...], the following is ordered:
1. From 1 January 2025, the minimum wage is set at PLN 4,666.
2. From 1 January 2025, the minimum hourly rate is set at PLN 30.50.
3. The regulation shall enter into force on 1 January 2025. (Translation) - ^ "30.50 Polish Zloty (PLN) to U.S. Dollar (USD)". WorldForexRates. 2 November 2024.
- ^ "Convert Polish Zloty (PLN) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ a b "SALÁRIO MÍNIMO AUMENTA PARA 870 EUROS EM 2025 ("MINIMUM WAGE TO RISE TO 870 EUROS IN 2025")". deco.proteste.pt (in Portuguese). 2 October 2024. Retrieved 26 October 2024.
The national minimum wage will rise to 870 euros in 2025, an increase of 50 euros compared to this year's value. The new social consultation agreement, signed by the government and social partners, also foresees a progressive increase in the minimum monthly remuneration guaranteed until 2028, the year in which it will reach 1020 euros.[...] This is considered the worker's base remuneration. Food vouchers, food assistance or other salary supplements, such as commissions or bonuses, for example, are not included in the minimum wage value.[...] An employee who earns the minimum wage is entitled to receive it 14 times a year.[...] Despite this, anyone earning a minimum wage is subject to an 11% Social Security contribution. (Translation)
- ^ "5.86 Euro (EUR) to U.S. Dollar (USD)". WorldForexRates. 26 October 2024.
- ^ "Salariul minim brut de la 1 ianuarie 2025: 4.050 lei, inclusiv în firmele private - proiect de HG". StartupCafe.ro (in Romanian). 21 October 2024. Retrieved 26 October 2024.
The Ministry of Labor published the draft decision regarding the increase of the national minimum gross salary guaranteed in payment, which would increase from 3,700 lei, as it is currently, to 4,050 lei from January 1, 2025, including for private companies.[...] the employee would receive 2,574 lei 'in hand', if the facility of 300 lei untaxed is maintained, (Translation)
- ^ "2574 Romanian leu (RON) to Euro (EUR)". WorldForexRates. 26 October 2024.
- ^ "4050 Romanian leu (RON) to Euro (EUR)". WorldForexRates. 26 October 2024.
- ^ "Salariul minim brut va crește la 4.050 lei din 2025 - Ciolacu ("The minimum gross salary will increase to 4,050 lei from 2025 - Ciolacu")". StartupCafe.ro (in Romanian). 16 October 2024. Retrieved 26 October 2024.
The government agreed the measure on Wednesday, after the meeting with the Trade Unions and Employers. The proposal to reduce labor taxation on low and medium wages by 5% would also have been agreed, but not from January 1, 2025, according to the quoted source.
"Thus, we are entering the path of the European minimum wage! We comply with the European directive which shows that this value must be between 47% and 52% of the European minimum wage (Romania will be at 47%). We have also agreed to maintain the tax exemption on the 300 lei from the minimum wage," announced Prime Minister Marcel Ciolacu (Translation) - ^ "HOTĂRÂRE pentru stabilirea salariului de bază minim brut pe ţară garantat în plată ("DECISION for establishing the national minimum gross basic salary guaranteed in payment")" (PDF). mmuncii.ro (in Romanian). Ministry of Labor and Social Protection (Romania). 21 October 2024. Retrieved 26 October 2024.
Starting from January 1, 2025, the national gross minimum basic salary [...] is established, without including increments and other additions, at the amount of 4,050 lei per month, for a normal working schedule averaging 165.334 hours/month, representing 24.496 lei/hour. (Translation)
- ^ "24.50 Romanian leu (RON) to U.S. Dollar (USD)". WorldForexRates. 26 October 2024.
- ^ "Convert Romanian leu (RON) to Euro (EUR)". WorldForexRates. 26 October 2024.
- ^
- "Калькулятор зарплаты по окладу ("Salary calculator")". assistentus.ru (in Russian). Retrieved 26 October 2024.
- "Налоговая реформа в 2025 году ("Tax reform in 2025")" (in Russian). Magazine "Uproshchenka" - about the simplified taxation system. 10 September 2024. Retrieved 26 October 2024.
In 2025, rates of 13, 15, 18, 20 and 22% will be applied to salaries. A rate of 13% will be set for salaries up to 2.4 million rubles per year (up to 200,000 rubles per month).
Non-taxable minimum: [...] most experts are inclined to believe that there is no need to establish it. (Translation)
- ^ "19523 Russian Rouble (RUB) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "22440 Russian Rouble (RUB) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "Каким будет МРОТ с 1 января 2025 года. На сколько его повысят и что от этого изменится ("What will the minimum wage be from January 1, 2025? How much will it be increased and what will change as a result?")". RBC.ru (in Russian). 22 October 2024. Retrieved 26 October 2024.
Prime Minister Mikhail Mishustin [had] announced plans to increase the minimum wage, which will amount to 22,440 rubles at the beginning of 2025.[...] On October 22, the State Duma increased the minimum wage, passing the law in the second and third readings at once.[...] From 2025, the minimum wage in Russia will again be calculated based on the median salary. The ratio between them will be increased from 42 to 48%.
Regions may, if necessary, increase the minimum wage established by the Russian government. In the regions of the Far North and equivalent localities, regional coefficients and percentage bonuses for length of service are added to the minimum wage.
In addition, the minimum wage for individual subjects of the Russian Federation may be established by a regional agreement. For example, in St. Petersburg, from January 1, 2025, the minimum wage for employees of non-budgetary organizations will be 28,750 rubles. In 2024, the figure is 25,000 rubles. The minimum wage in Moscow in 2024 is 29,389 rubles. There is no current regional agreement in the Tver and Ivanovo regions - they use the federal minimum wage. (Translation) - ^ "129.46 Russian Rouble (RUB) to U.S. Dollar (USD)". WorldForexRates. 2 November 2024.
- ^ "Convert Russian Rouble (RUB) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "53592 Serbian dinar (RSD) to Euro (EUR)". WorldForexRates. 24 October 2024.
- ^
- "Kalkulator zarade ("Salary calculator")". Capernaum.rs (in Serbian). Retrieved 24 October 2024.
- "Serbia to raise minimum wage by 13.7% in 2025". SeeNews.com. 29 August 2024. Retrieved 24 October 2024.
...the non-taxable part of the wage was also increased, to 28,423 from 25,000 dinars, finance minister Sinisa Mali said
- ^ "72396 Serbian dinar (RSD) to Euro (EUR)". WorldForexRates. 24 October 2024.
- ^ a b "Growth of minimum labour price for 2025 by 13.7%". srbija.gov.rs. Government of Serbia. 28 August 2024. Retrieved 24 October 2024.
Prime Minister Miloš Vučević announced that at today's meeting of the Social and Economic Council, an agreement was reached that the minimum salary for 2025 will be RSD 53,592 per month,[...] The Prime Minister specified that the minimum price of work will be RSD 308 per hour,
- ^ "Serbia to raise minimum wage by 13.7% in 2025". SeeNews.com. 29 August 2024. Retrieved 24 October 2024.
The minimum monthly net wage in Serbia will rise by 13.7% next year, to 53,592 dinars ($509/ 458 euro), the government said.
- ^ "308 Serbian dinar (RSD) to U.S. Dollar (USD)". WorldForexRates. 24 October 2024.
- ^ "Convert Serbian dinar (RSD) to Euro (EUR)". WorldForexRates. 24 October 2024.
- ^ "2024 Payroll Calculator for Slovakia". accace.com. 2 February 2024. Retrieved 16 February 2024.
Do you apply the non-taxable part of the tax base? - Yes
- ^ a b "Hrubá a čistá minimálna mzda v roku 2025 (daň, odvody, cena práce) ("Gross and net minimum wage in 2025 (tax, levies, labor price)")". Podnikajte.sk (in Slovak). 2 October 2024. Retrieved 26 October 2024.
From January 1, 2025, the minimum wage will increase from the current €750 to the amount of €816, which represents an annual increase of 8.80%. [...] The minimum amount of the gross wage depends on the assigned degree of work difficulty.[...] i.e. the more demanding the job, the more the employee is entitled to a higher minimum wage. It is also important to mention that, according to the Labor Code, the degrees of work difficulty apply only to full-time employees. [...]
We present an overview of the monthly minimum wage from 1/1/2025 depending on the degree of work difficulty:
• 1st degree - 816 eur
• 2nd degree - 932 eur
• 3rd degree - 1,048 eur
• 4th grade - 1,164 eur
• 5th grade - 1,280 eur
• 6th grade - 1,396 eur
For an employee whose job is classified in the 1st degree of work difficulty, the net minimum wage from 1/1/2025 is €663.50 (provided the employee applies for NČZD [i.e. standard tax deduction] and does not apply for the child tax bonus), or €572.39 (if the employee does not apply for NČZD or child tax bonus). (Translation) - ^ "Hodinová minimálna mzda od 1.1.2025 a vplyv na príplatky ("Hourly minimum wage from 1/1/2025 and the effect on surcharges")". Podnikajte.sk (in Slovak). 23 September 2024. Retrieved 26 October 2024.
As of January 1, 2025, the minimum hourly wage for the 1st degree of labor intensity is EUR 4.69. (Translation)
- ^ "4.69 Euro (EUR) to U.S. Dollar (USD)". WorldForexRates. Retrieved 26 October 2024.
- ^ "Salary Calculator Slovenia - Data d.o.o." data.si. 15 May 2023. Retrieved 29 September 2022.
- ^ "Slovenia's minimum wage eighth highest in EU". The Slovenia Times. 6 February 2024. Retrieved 16 February 2024.
In January the gross minimum wage in Slovenia increased from €1,203 to €1,254 (€902 net).
- ^ "Minimalna plača za delo, opravljeno po 1. januarju 2024, znaša 1.253,90 evra ("The minimum wage for work performed after January 1, 2024 is 1,253.90 euros")" (in Slovenian). Government of Slovenia. 23 January 2024. Retrieved 16 February 2024.
- ^ "7.23 Euro (EUR) to U.S. Dollar (USD)". WorldForexRates. 16 February 2024.
- ^ "CincoDías – Calculadora Sueldo Neto ("FiveDays – Net Salary calculator")". cincodias.elpais.com (in Spanish). El País Economía. 27 February 2023. Retrieved 16 February 2024.
- ^ "Trabajo y los sindicatos acuerdan subir el salario mínimo un 5%, hasta los 1.134 euros". elpais.com (in Spanish). El País. 12 January 2024. Retrieved 16 February 2024.
The Ministry of Labor and the unions agreed this Friday to raise the minimum interprofessional wage (SMI) by 5%, to 1,134 gross euros in 14 payments.[...] In annual calculation, the minimum wage improves by 756 euros: it goes from 15,120 in 2023 to 15,876 in 2024. (Translation)
- ^ "Real Decreto 145/2024, de 6 de febrero, por el que se fija el salario mínimo interprofesional para 2024". BOE.es (in Spanish). Government of Spain. 6 February 2024. pp. 14576–14580. Retrieved 10 February 2024.
2. In accordance with article 8.5 of Royal Decree 1620/2011, of November 14, which regulates the employment relationship of a special nature in the family home service, which is taken as a reference for determining the minimum wage for female employees and domestic employees who work by the hour, externally, the one set for casual and temporary workers and which includes all remuneration items, the minimum wage for said domestic employees will be 8.87 euros per hour actually worked. (Translation)
- ^ "8.87 Euro (EUR) to U.S. Dollar (USD)". WorldForexRates. 16 February 2024.
- ^
- "Income tax calculator Ukraine". ua.talent.com. Retrieved 16 February 2024.
- "Мінімальна зарплата та прожитковий мінімум 2024: як зміняться податки та штрафи для підприємців ("Minimum wage and living wage 2024: how taxes and fines for entrepreneurs will change")". biz.ligazakon.net (in Ukrainian). Дія Сіті. 25 September 2023. Retrieved 16 February 2024.
From April 1, 2024: Rate - UAH 8,000 [...] To be paid "in hand" to the employee: UAH 6,440/month. (Translation)
- ^ "6440 Ukrainian hryvnia (UAH) to Euro (EUR)". WorldForexRates. 26 October 2024.
- ^ "8000 Ukrainian hryvnia (UAH) to Euro (EUR)". WorldForexRates. 26 October 2024.
- ^ a b "Минимальная зарплата в Украине ("Minimum wage in Ukraine")". index.minfin.com.ua (in Ukrainian). Ministry of Finance of Ukraine. 1 January 2024. Retrieved 26 October 2024.
- ^ "Як зміняться прожитковий мінімум та мінімалка 2025 року ("How the living wage and minimum wage will change in 2025")" (in Ukrainian). TSN.ua. 27 September 2024. Retrieved 26 October 2024.
In 2025, the minimum wage and living wage will remain at the level of 2024. This is stated in draft law No. 12000 on the State Budget for 2025. [...] Therefore, the minimum wage will remain at the level of UAH 8,000, and the living wage for able-bodied citizens will remain at the level of UAH 3,028. [Also: →for children under the age of 6: UAH 2,563 / →for children aged 6 to 18: UAH 3,196 / →for persons who have lost their ability to work: UAH 2,361] [...]
However, the government intends to review these indicators based on the results of the first half of 2025 in the event of an improvement in the economic situation. (Translation) - ^ "48.00 Ukrainian hryvnia (UAH) to U.S. Dollar (USD)". WorldForexRates. 26 October 2024.
- ^ "Convert Ukrainian hryvnia (UAH) to Euro (EUR)". WorldForexRates. 26 October 2024.
- ^
- "Saving Tool UK - Income Tax, Pension, Savings and Financial Independence Calculator". savingtool.co.uk. Retrieved 8 June 2024.
Workplace pension? Your Contributions: 5% // Employer's Contributions: 3%
- "Workplace pensions". gov.uk. Government of the United Kingdom. 2 May 2024. Retrieved 8 June 2024.
- "Saving Tool UK - Income Tax, Pension, Savings and Financial Independence Calculator". savingtool.co.uk. Retrieved 8 June 2024.
- ^ "1582 British Pound (GBP) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "1883.79 British Pound (GBP) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ a b "National Minimum Wage and National Living Wage rates". gov.uk. Government of the United Kingdom. 6 February 2024. Retrieved 16 February 2024.
From 1 April 2024, workers aged 21 and over will be entitled to the National Living Wage.
• 21 and over: £11.44
• 18 to 20: £8.60
• Under 18 or Apprentice: £6.40 - ^ "11.44 British Pound (GBP) to U.S. Dollar (USD)". WorldForexRates. 2 November 2024.
- ^ "Convert British Pound (GBP) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "75000 Armenian dram (AMD) to Euro (EUR)". WorldForexRates. 27 October 2024.
- ^ "Salary Calculator (2024)". triple-c.am. Triple Consulting. Retrieved 27 October 2024.
- ^ "104000 Armenian dram (AMD) to Euro (EUR)". WorldForexRates. 27 October 2024.
- ^ a b "ՀԱՅԱՍՏԱՆԻ ԻՐԱՎԱԿԱՆ ՏԵՂԵԿԱՏՎԱԿԱՆ ՀԱՄԱԿԱՐԳ ("LEGAL INFORMATION SYSTEM OF ARMENIA")". arlis.am (in Armenian). → "ԱԺ,07.12.2022,ՀՕ-501-Ն. ՀՀ ՕՐԵՆՔԸ «ՆՎԱԶԱԳՈՒՅՆ ԱՄՍԱԿԱՆ ԱՇԽԱՏԱՎԱՐՁԻ ՄԱՍԻՆ» ՕՐԵՆՔՈՒՄ ՓՈՓՈԽՈՒԹՅՈՒՆՆԵՐ ԿԱՏԱՐԵԼՈՒ ՄԱՍԻՆ ("NA, 07.12.2022, HO-501-N. RA LAW ON CHANGES IN THE LAW "ON MINIMUM MONTHLY WAGE"")". ARLIS. 22 December 2022. Retrieved 5 January 2023.
(Translation) In Article 1 of the Law HO-66-N of December 17, 2003 "On Minimum Monthly Wage" [...], the number "68,000" shall be replaced by the number "75,000".
Article 2. Establish the minimum amount of the hourly rate for employees who are paid on a commission or hourly basis: 1) in case of [...] 40-hour working week: 450 drams. [...]
Article 4. Taxes paid from wages, social or other mandatory payments defined by law, additions, premiums, bonuses and additional payments are not included in the minimum amounts [...]
Article 5. This law shall enter into force on January 1, 2023, - ^ "Աշխատավարձի, թոշակի ու նպաստի բարձրացում 2025թ. էլ չի լինելու ("Salary, pension and benefits will not be increased even in 2025")". 168.am (in Armenian). 5 October 2024. Retrieved 27 October 2024.
At the end of last week, the government approved the 2025 draft of the state budget, which it will present to the National Assembly. [...] There is no plan to increase the minimum wage next year, as it happened this year. Minimum wage earners, who are quite a large number of working citizens, will continue to receive 75,000 drams. (Translation)
- ^ "450 Armenian dram (AMD) to U.S. Dollar (USD)". WorldForexRates. 27 October 2024.
- ^ "Convert Armenian dram (AMD) to Euro (EUR)". WorldForexRates. 27 October 2024.
- ^ "Faydalı // Kalkulyatorlar // Əməkhaqqından tutulmaların hesablanması // Muzdlu işçilər üçün ("Useful // Calculators // Calculation of deductions from wages // For salaried employees")". taxes.gov.az (in Azerbaijani). Ministry of Science and Education of the Republic of Azerbaijan. Retrieved 2 November 2024.
- ^ "315.88 Azerbaijani manat (AZN) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "345 Azerbaijani manat (AZN) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "Gələn il minimum maaş artırılmayacaq, bəs qiymətlər? ("The minimum wage won't be raised next year, but what about prices?")". Azadlıq Radiosu (in Azerbaijani). Radio Free Europe/Radio Liberty. 1 November 2023. Retrieved 17 February 2024.
It is clear from the opinion of the Chamber of Accounts on the bill "On the state budget of 2024" that the minimum wage will not change next year, it will remain at 345 manats.[...] It should not be forgotten that taxes and social payments are also deducted from the minimum salary of 345 manats. Therefore, in Azerbaijan, an employee who is paid at the minimum wage level (345 AZN) earns 316 AZN if he works in the private sector, and 306 AZN if he works in the public sector. (Translation)
- ^ "Əmək haqqının minimum həddi – Азербайд ("Minimum wage - Azerbaijan")" (in Azerbaijani). WageIndicator. 15 January 2024. Retrieved 17 February 2024.
- ^ "1.99 Azerbaijani manat (AZN) to U.S. Dollar (USD)". WorldForexRates. 2 November 2024.
- ^ "Convert Azerbaijani manat (AZN) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "Cyprus Income Tax-Net Salary". taxapp.cy. 27 October 2021. Retrieved 27 October 2024.
- ^ "1. What is the level of the minimum wage, which occupations are covered, and how often is it revised?". mlsi.gov.cy. Ministry of Labor and Social Insurance. Retrieved 27 October 2024.
Τhe national minimum wage is determined by the Minimum Wage Orders of 2022 and 2023. According to the Orders:
a) Every employee who works full-time must receive an initial monthly wage of at least €1000 gross. Employees who either before January 1, 2024 or after January 1, 2024 have not completed six (6) months of continuous employment with the same employer, from January 1, 2024 must receive a monthly salary of at least €900 gross for full-time work, until completion six (6) months of continuous employment. [...]
c) The provisions of the Orders do not apply to domestic workers, the workers in agricultural and animal farming workers and seamen, as well as to workers to whom the Minimum Wages in the Hotel Industry Order of 2020 applies.
d) Α readjustment mechanism is instituted and it will be operating every two years, beginning from 2024. - ^ "Σε ισχύ ο νέος Εθνικός Κατώτατος Μισθός των 1.000 ευρώ – Όλες οι πληροφορίες ("The new National Minimum Wage of 1,000 euros is in effect - All the information")". brief.com.cy (in Greek). 1 January 2024. Retrieved 27 October 2024.
...the Minimum Monthly Wage paid to any employee in the Republic is set as of January 1, 2024 at 1,000 euros for full-time employment. [...] 900 euros for full time employment, until the completion of six (6) months of continuous employment. [...] Finally, it is noted that the new National Minimum Wage will be valid for two years , while by the end of 2025 a new Decree will be issued to review it. (Translation)
- ^ "5.77 Euro (EUR) to U.S. Dollar (USD)". WorldForexRates. 27 October 2024.
- ^ "Salary Calculator". recruitment.growmo.re. GrowMore Recruitment. 10 August 2023. Retrieved 2 November 2024.
- ^ "15.68 Georgian lari (GEL) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "1042.72 Georgian lari (GEL) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "20 Georgian lari (GEL) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "1330 Georgian lari (GEL) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "საქართველოს პრეზიდენტის / ბრძანებულება №351 / 1999 წლის 4 ივნისი / ქ. თბილისი / მინიმალური ხელფასის ოდენობის შესახებ ("President of Georgia / Decree No. 351 / June 4, 1999 / St. Tbilisi / About the amount of the minimum wage")". matsne.gov.ge (in Georgian). Legislative Herald of Georgia – Ministry of Justice of Georgia. 19 June 1999. Retrieved 22 December 2022.
For the purpose of state regulation of labor remuneration under market conditions, [...] for all enterprises and organizations operating in the territory of Georgia, regardless of their ownership and organizational-legal form, approve:
1. Minimum salary in the amount of 20 GEL. (Translation) - ^ "636 ლარი - ღირსეული მინიმალური ხელფასი თუ უმუშევრობის ზრდის საფრთხე? ("636 GEL - a decent minimum wage or the threat of unemployment?")". RadioTavisupleba.ge (in Georgian). Radio Free Europe/Radio Liberty. 6 October 2023. Retrieved 24 February 2024.
...the 1999 order of the President of Georgia, Eduard Shevardnadze, N351, according to which the minimum wage in the private sector is set at 20 lari, has remained in force and is still valid today, presently having more of a symbolic character. [...] According to the data of the Revenue Service for July 2023, 238,000 people in Georgia have a taxable salary of up to 800 GEL. For example, according to the July data, 34,000 people have a salary of 300 to 400 GEL. The salary of 38,000 people varies from 500 to 600 GEL. Up to 30,000 people receive a salary of 200 to 300 GEL. (Translation)
- ^ ""მინიმალური ხელფასის განსაზღვრა გამოიწვევს ზარალს როგორც ეკონომიკისთვის, ისე დასაქმებულებისთვის" - რამაზ გერლიანი". commersant.ge (in Georgian). 10 October 2023. Retrieved 24 February 2024.
According to economist Ramaz Gerliani, implementation of the minimum wage standard in Georgia will bring negative economic results. [...] „Regarding the minimum salary, different numbers are mentioned in the range of 300 to 600 GEL. This means that if 500 GEL is the minimum wage, unemployment will increase in those categories, for example among students, where many work for less than 500 GEL to gain experience. [...] For our situation, the adoption of the law on the minimum wage today, which may be somewhat higher than the equilibrium [minimum] wage, I mean higher than 400-500 GEL [€140-€175], will cause more damage to the economy and to the employees themselves," Ramaz Gerliani said.
For information, the Union of Trade Unions of Georgia demands that a minimum wage standard be established in the country, which would be 40% of the average wage calculated by Saxstat and which, as of today, would amount to 636 GEL [€221]. (Translation) - ^ "Salary Increases in the Public Sector and Bureaucracy". IDFI.ge. Institute for Development of Freedom of Information. 2 August 2022. Retrieved 29 March 2023.
In 2018, in accordance with the new law, the basic official salary in the state budget was determined in the amount of 1,000 GEL, which was not changed until 2022. In the 2022 state budget, the base salary increased by 10% and was set at 1,100 GEL. When announcing this change, the Minister of Finance of Georgia stated that salaries in the public sector lagged significantly behind those in the private sector, which posed a threat to the retention of qualified personnel, as an argument for the change. In addition, the Minister explained that the salary increase in the public sector would continue in the following years,[...] Specifically, until 2026, salaries in the public sector would increase annually by approximately 10%, and after 2026, in proportion to the increase in [average] salaries in the private sector.
- ^ "საჯარო სექტორში ხელფასის მინიმალური ზღვარი იზრდება ("The minimum wage in the public sector is increasing")". gbc.ge (in Georgian). 23 October 2023. Retrieved 17 February 2024.
The salary of employees in the public sector will increase by 10% and will be at least 1,330 GEL per month.[...] This is stated in the analysis of the 2024 state budget project of "Transparency International - Georgia". (Translation)
- ^ "თავდაცვის მინისტრი: 2024 წლის იანვრიდან რიგითის მინიმალური ხელფასი, რომელსაც დანამატები არ ემატება, 1700 ლარი იქნება ("Minister of Defense: from January 2024 the minimum salary of a private, with no allowances added, will be 1700 GEL")". accentnews.ge (in Georgian). 17 October 2023. Retrieved 17 February 2024.
- ^ "2024 წლის 1-ელი იანვრიდან ექთნებს მინიმალური სახელფასო ზღვარი დაუწესდებათ". Business Insider Georgia (in Georgian). 17 October 2023. Retrieved 17 February 2024.
The reform of the minimum hourly wage for medical personnel is expanding - from January 1, 2024, the minimum salary threshold will be established for medical personnel employed in the following positions:
• Junior doctor - at least 960 GEL per month (5 GEL per hour)
• Nurse's assistant - at least 672 GEL per month (3.5 GEL per hour)
• Midwife - at least 844 GEL per month (4.4 GEL per hour)
• Sanitary - no less than 576 GEL per month (3 GEL per hour).
[...] In the first stage of the reform, from 2023, the minimum salary for doctors and nurses was successfully introduced.[...] As a result of the reform, all clinics included in the universal healthcare program with an inpatient component will be obliged to determine the salary of the medical staff taking into account the minimum threshold presented by the Ministry of Health. (Translation) - ^ "0.12 Georgian lari (GEL) to U.S. Dollar (USD)". WorldForexRates. 2 November 2024.
- ^ "7.67 Georgian lari (GEL) to U.S. Dollar (USD)". WorldForexRates. 2 November 2024.
- ^ "Convert Georgian lari (GEL) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^
- "В помощь бухгалтеру! Ставки и пределы по налогам, взносам и отчислениям с 01.01.2024 года ("Help for an accountant! Rates and limits for taxes, contributions and deductions from 01/01/2024")". Gos24.kz Platform (in Kazakh). 16 January 2024. Retrieved 6 April 2024.
- "Kazakhstan: Individual - Sample personal income tax calculation". taxsummaries.pwc.com. PwC. 2 February 2024. Retrieved 6 April 2024.
For local employees: individual income tax = (gross income - obligatory pension contributions (10%) - COSMI (2%) - 14*MCI (KZT 51,688)) x 10%. [=> Net salary = Gross amount - Pension contribution - Medical insurance (COSMI) - Income tax]
- ^ "72488.8 Kazakhstani tenge (KZT) to Euro (EUR)". WorldForexRates. 9 November 2024.
- ^ "85000 Kazakhstani tenge (KZT) to Euro (EUR)". WorldForexRates. 9 November 2024.
- ^ "2025 жылы ең төменгі жалақы өсе ме? ("Will the minimum wage increase in 2025?")". uralskweek.kz (in Kazakh). 7 November 2024. Retrieved 9 November 2024.
The Minister of Labor and Social Protection of the People, Svetlana Zhakypova, answered the questions related to this issue,[...] „Today, the minimum wage in the country is 85,000 tenge. Next year, it will remain in the amount of 85 thousand tenge." (Translation)
- ^ "Жалақының ең жұтаңы бізде екен" (PDF). tengemonitor.kazgazeta.kz (in Kazakh). Tenge Monitor - Republican Economic Weekly. 28 January 2021. p. 4. Retrieved 18 February 2024.
In practice, the minimum wage has not changed and remains the same at 42,500 [...] and due to the increase in insurance contributions, the "clean" [i.e. net] wage has decreased from last year and is now 37,400 tenge (-1.1% compared to 2020). (Translation)
- ^ "490.38 Kazakhstani tenge (KZT) to U.S. Dollar (USD)". WorldForexRates. 9 November 2024.
- ^ "Convert Kazakhstani tenge (KZT) to Euro (EUR)". WorldForexRates. 9 November 2024.
- ^ a b "ASGARİ ÜCRETİN NET HESABI VE İŞVERENE MALİYETİ ("NET ACCOUNT OF THE MINIMUM WAGE AND COST TO THE EMPLOYER")". csgb.gov.tr (in Turkish). Ministry of Labour and Social Security (Turkey). Retrieved 2 November 2024.
MINIMUM WAGE: 20,002.50 [...]
NET MINIMUM WAGE: 17,002.12 (Translation) - ^ "17002.12 Turkish lira (TRY) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "20002.50 Turkish lira (TRY) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "115.40 Turkish lira (TRY) to U.S. Dollar (USD)". WorldForexRates. 2 November 2024.
- ^ "Convert Turkish lira (TRY) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "Llogaritja e pagës nga BRUTO NË NETO sipas Ligjit Nr. 08/L-142 ("Salary calculation from GROSS TO NET according to Law No. 08/L-142")". Tax Administration of Kosovo (in Albanian). 23 August 2024. Retrieved 5 November 2024.
- ^ "Paga minimale në Kosovë rritet në 350 euro ("The minimum wage in Kosovo increases to 350 euros")". Radio Free Europe/Radio Liberty (in Albanian). 28 August 2024. Retrieved 23 October 2024.
The Government of Kosovo made a decision during a meeting, on Wednesday, to increase the minimum wage in the country to 350 euros for workers of all ages. This increase was made only a few days after the Law on the minimum wage entered into force, which provided for an increase in the minimum wage to 264 euros gross for all employees in the public and private sectors. But, with the new decision of the Government of Prime Minister Albin Kurti, the new minimum wage rate will be 2 euros per regular working hour, or 350 euros gross per month for full time. (Translation)
- ^ "THE MINIMUM WAGE INCREASE AND TAX CHANGES: HOW DOES IT WORK?". kosovotwopointzero.com. Kosovo 2.0. 6 September 2024. Retrieved 23 October 2024.
- ^ "Kosovo Introduces New Minimum Wage and Income Tax Amendments". Lexology.com. 27 September 2024. Retrieved 23 October 2024.
The Government of the Republic of Kosovo, in its 218th meeting held on August 28, 2024, issued Decision No. 02/218 "On the National Minimum Wage" which repeals the previous Decision No. 04/33 dated August 17, 2011. As per the new decision, the national minimum wage is now set at EUR 2 (two) per hour for standard working hours, or EUR 350 (three hundred fifty) gross per month for full-time employment. This new minimum wage will take effect starting October 1, 2024.
- ^ "2.00 Euro (EUR) to U.S. Dollar (USD)". WorldForexRates. 5 November 2024.
- ^ a b c "22/1975 Asgari Ücretler Yasası ("22/1975 Minimum Wages Act")". csgb.gov.ct.tr (in Turkish). Turkish Republic of Northern Cyprus - The Ministry of Labor and Social Security. Retrieved 27 October 2024.
The latest minimum wage in the TRNC officially came into effect as 40,436.00 Turkish lira (Gross) as of September 01, 2024. [...] Hourly: 233.28 TL [...] Monthly Net: 35,180 TL (Translation)
- ^ "35180 Turkish lira (TRY) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "Convert 40436 Turkish lira (TRY) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "233.28 Turkish lira (TRY) to U.S. Dollar (USD)". WorldForexRates. 2 November 2024.
- ^ "1 Turkish lira (TRY) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "2022 Country Reports on Human Rights Practices: Liechtenstein". www.state.gov. United States Department of State. 20 March 2023. Retrieved 19 February 2024.
- ^ "Minimum wage". arbeidstilsynet.no. Norwegian Labour Inspection Authority. Retrieved 26 March 2024.
- ^ "Labour in San Marino". Archived from the original on 10 October 2017. Retrieved 10 October 2017.
- ^ "2022 Country Reports on Human Rights Practices: San Marino". www.state.gov. United States Department of State. 20 March 2023. Retrieved 19 February 2024.
- ^ "Salario minimo Svizzera: importo di ogni cantone ("Minimum wage Switzerland: amount for each canton")". ticonsiglio.com (in Italian). 31 January 2024. Retrieved 26 March 2024.
- ^ "Quanto si guadagna a Città del Vaticano? ("How much do you earn in Vatican City?")". abanews.it (in Italian). 19 November 2023. Retrieved 26 March 2024.
Although Vatican City is a very small territory, it is a sovereign state with its own economy and salary system. [...] Regarding the minimum wage, there is no real indication of the minimum salary in Vatican City. However, it is important to underline that the Holy See is committed to guaranteeing all its employees a fair and dignified salary, in line with the principles of social justice and solidarity. (Translation)
- ^ "US Salary Calculator". SalaryAfterTax.com. 28 May 2023. Retrieved 26 February 2024.
- ^ "1134 U.S. Dollar (USD) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "Minimum wage worldwide: where can you live off the minimum wage?". Picodi.com. 16 January 2024. Retrieved 10 April 2024.
The US ranked 50th in the ranking: the [mean average] minimum net wage [- including the states with a minimum wage set higher than the federal], starting from January 1st, 2024, is $1,618.86, which is 4.5% more than last year ($1,549.62 net). [...] The total cost of the "survival basket" at the beginning of 2024 is $210.15 (8.77% more than last year). This amount represents 13% of the net minimum wage, while at the beginning of last year, it was 12,5% of the minimum wage. This means that the increase in the American minimum wage[s] did not keep up with the rise of food prices.
- ^ "1619 U.S. Dollar (USD) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "1257 U.S. Dollar (USD) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ a b "Minimum Wage". dol.gov. United States Department of Labor. Retrieved 10 April 2024.
- ^ "Convert U.S. Dollar (USD) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "Canada Salary Calculator". SalaryAfterTax.com. 14 October 2023. Retrieved 8 April 2024.
- ^ "2443 Canadian Dollar (CAD) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ "2999 Canadian Dollar (CAD) to Euro (EUR)". WorldForexRates. 2 November 2024.
- ^ a b "Current and Forthcoming General Minimum Wage Rates in Canada". Government of Canada. 6 May 2024. Retrieved 2 November 2024.
- ^ "17.30 Canadian Dollar (CAD) to U.S. Dollar (USD)". WorldForexRates. 2 November 2024.
- ^ "Convert Canadian Dollar (CAD) to Euro (EUR)". WorldForexRates. 2 November 2024.
External links
[edit]- Eurostat, Monthly minimum wages - bi-annual data
- Eurostat, Minimum wage statistics
- Google - public data: Minimum Wage in Europe