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Netherlands. €1,934.40 (US$2288) per month, and €11.16 (US$13.2) per hour for persons 21 and older; between 30–80% (as low as €3.35 per hour) of this amount for persons aged 15–20. [173] An additional holiday allowance of 8% of the annual wage is paid in May or June, prorated for the time worked in the year. 24,925.
Average annual wages per full-time equivalent dependent employee are obtained by dividing the national-accounts-based total wage bill by the average number of employees in the total economy, which is then multiplied by the ratio of average usual weekly hours per full-time employee to average usually weekly hours for all employees.
Monthly minimum gross wage Monthly net minimum wage Monthly gross minimum wage Hourly rate Effective per Foo 10 10 Belgium: €2029.88 [3] - €2029.88 €12.11 1 April 2024 Bulgaria: 1080 lev (minimum wage is fixed at an hourly rate) [4] €446.00 [5] €553.00 €3.45 [6] 1 January 2025 Croatia: €840.00 [7] €677.00 [8] €840.00 €5.25
Appearance. 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 ...
GDP per hour worked 1970–2022 (2015=100) Country 1970 1980 1990 2000 2010 2015 2020 2022 Australia 51.4 60.3 66.0 80.9 92.2 100 103.1 103.3 Austria 83.0
As of 2022, Colombia, Mexico, and Costa Rica ranked the highest number of hours worked per year. Greece ranked the highest In EU with 1886 average hours per year, while Germany ranked the lowest with 1340 average hours worked respectively. [3][4] Japan and Canada ranked lowest amongst non-European countries.
The federal minimum wage in the United States has been $7.25 per hour since July 2009, the last time Congress raised it. [ 45 ] Some types of labor are exempt: Employers may pay tipped labor a minimum of $2.13 per hour, as long as the hour wage plus tip income equals at least the minimum wage.
As a reference point, the US minimum wage since 2009 has been $7.25 per hour or $15,080 for the 2080 hours in a typical work year. The minimum wage is approximately 25% over the official U.S. government-designated poverty income level for a single person unit (before taxes) and about 63% of the designated poverty level for a family of four ...