13 countries specify Minimum Wage Rates for more than a 100 different categories of workers. New findings indicate that substantial debates among national actors on how to promote collective bargaining and increase bargaining coverage are taking place in only Denmark, Latvia and Norway. Only then can real minimum wage rates for 2022 be observed (calculated as nominal minimum wages deflated by national price indexes). But all member states except Latvia increased their statutory rates between January 2021 and January 2022, and most countries did so to a greater extent than in the previous year. The minimum wage in Luxembourg is adjusted every two years in line with the evolution of Luxembourg's cost of living. Negotiations are ongoing to set the new statutory rate for 2022 in Bulgaria (negotiations are also taking place in Spain and Greece, where further increases are expected). A complete set of country-specific information on national minimum wages is available in an annex as part of the metadata. Hawaii Minimum Wage. By linking microdata from the Structure of earnings Survey (SES2018) with the level of minimum wages in force at the time (reference date: 1 July 2018), it is possible to derive an estimate of these proportions (as presented in Figure 4). 2 Section O). Continue reading. Countries not covered by minimum wage statistics. So far, we have partnered up with over 500 companies and helped them define and meet their European business goals. KENYA REVISED MINIMUM WAGES - 2022 on June 17, 2022 A Minimum Wage is defined as the lowest remuneration that employers can legally pay their employees. However, this is no longer the case once prices start to rise sharply. 2022. The change affected those in lower brackets, too, who receive the National Minimum Wage. To contact us, please visit our User Support page. Trade unions in many countries referred to inflation when pushing for higher increases in nominal rates, and some governments referenced the phenomenon when justifying their decisions on statutory rates. France Nat. The recommendations for the increase of the minimum wage in the UK are accepted. As a result, the minimum monthly wage will increase to EUR 1,603.12 on a weekly basis of 35 hours. Services provided include Sales Outsourcing, HR Outsourcing, and Digital Marketing. The United States (PPS 920) belong to group 2. Given that the healthcare sector has been particularly affected by the pandemic, there has been huge demand for wage increases. EUR 660), which means an increase of PLN 200 (7.1%) in relation to the amount . Similarly, no significant changes in negotiated wage levels emerge in Sweden, whose last significant round of collective bargaining was carried out in 2020. The new government coalition wants to raise the statutory minimum wage to 12 euros per hour in Germany. One-tenth of the highest paid employees . Eight regions - Shanghai, Guangdong, Beijing, Tianjin, Jiangsu, Shandong, Hubei, and Zhejiang - have surpassed the RMB 2,000 (US$308) mark in their monthly . The following list provides information relating to the minimum wages (gross) of countries in Europe.. In January 2022, 13 Member States, located in the east and the south of the EU, had minimum wages* below 1 000 per month: Bulgaria (332), Latvia (500), Romania (515), Hungary (542), Croatia (624), Slovakia (646), Czechia (652), Estonia (654), Poland (655), Lithuania (730), Greece (774), Malta (792) and Portugal (823). They will be based on percentage increases determined by the . 21-22 Year Old Rate. Figure3 provides information on national minimum wages in proportion to median gross earnings, calculated with and without part-time employees. Germany plans to raise its minimum wage in two stages, from 9.82 to 10.45 on 1 July, and then to 12 on 1 October. The minimum wage in Spain is compared to other European countries is lower due to market pressures. Statutory minimum wage rates were raised across virtually all EU countries for 2022. This series reports on developments in minimum wage rates across the EU, including how they are set and how they have developed over time in nominal and real terms. In several countries, statutory minimum wages are updated according to a rule-based mechanism using set formulas and this generally results in rather modest year-on-year changes. Germany, for example, has decided to uprate its minimum wage to 12 per hour, or about 60% of median wages, in October 2022. In January 2022, 13 Member States, located in the east and the south of the EU, had minimum wages* below 1 000 per month: Bulgaria (332), Latvia (500), Romania (515), Hungary (542), Croatia (624), Slovakia (646), Czechia (652), Estonia (654), Poland (655), Lithuania (730), Greece (774), Malta (792) and Portugal (823). Parliament then formally adopted the legislation in September, followed by the Council in October. For the other 18 EU Member states that have a national monthly minimum wage and for which data are available, the ratio was calculated as a proportion of the median monthly earnings. [2]. Monthly earnings calculated from the SES 2018 exclude any earnings related to overtime payments, shift premiums, allowances, bonuses, commission, etc. All candidate and potential candidate countries with a national minimum wage belong to group 3, with minimum wage levels ranging from 269 in Albania to 532 in Montenegro. This increase came into effect on the 1st of January 2022. The first overview of minimum wage setting for 2022 shows that, while some negotiations are still ongoing, virtually all EU Member States have increased their nominal statutory rates. The gross monthly earnings were calculated for full-time employees with part-time employees and with full-time employees only. Adequate minimum wages in Germany and Europe. (*Montenegro has unilaterally adopted the euro as the national currency), Variations in minimum wages are considerably smaller after adjusting for differences in price levels. Albania : 56,435 lek per month (460 euros) 32,000 lek per month (260 euros) Institute of Statistics of Albania - instat.gov.al: 2. This page was last edited on 22 July 2022, at 10:08. The report contains the following lists of tables and figures. Data on national minimum wages are submitted to Eurostat in national currency terms. Hawaii Minimum Wage. 2022-10-28T14:44:32.632Z. Monthly minimum wages below 1 000 in 13 EU countries, above 1 500 in 6. . Employment Change. 21 year and older: 1.725,00: 398,10: 79,62: 20 year: 1.380,00: 318,50 In PPS terms, EU Member States with the national minimum wage may be classified into two different groups (see Figure2, non-EU countries are shown separately). 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