These cover minimum wages and workers rights within either a group of companies or the industry as a whole. The countrys private sector has enjoyed significant expansion, thanks to significant reform and a steady trend toward globalization since the fall of the Soviet Union. Now, it wants to increase its minimum wage by as much as 250 ($295) per month. In 2022, a restaurant server in Spain typically earns from 510 per month (minimum salary) to 1,610 per month (maximum salary). The minimum salary in Madrid, Spain is currently of 1000 (salario minimo interprofessional) as of January 2022. Workers looking to earn more than minimum wage should consider applying to these companies. Well, compared to other EU countries Italy generally falls short. Luxembourg: A country in Europe with a Population of 625,978 people and an percentage of 6.1 percent is that the country with the very best wage rate within the world with a wage rate of $18.33 per hour, unskilled workers earn $15.53 per hour. GOBankingRates compared each countrys statutory minimum wage to the OECD real minimum wage, while examining the overall labor and economic climate in each country. There are also different minimum wages for hunting and fishing guides and wilderness guides. The latest increase in the yardstick will move Mexico's minimum wage to 260.34 pesos ($12.15) a day in the northern border zone, home to scores of foreign-owned factories, and 172.87 pesos ($8.07 . Councils (representing employers) and unions (representing employees) are particularly popular in the service industries. The government has been steadily increasing the minimum monthly wage over the past decades. As of 1 January 2020 the minimum wage is 9.35 in Germany (30 cents higher than the previous year ), while in France the hourly rate is 10.03 and both countries have laws that establish a minimum wage for workers. 1.1067. Belgiums statutory minimum wage is roughly the equivalent of $1,749 per month. They must include a salary audit in the plan and make it publicly available. Japan has also put forward plans to raise its national minimum wage, by a record 3.3%. These offers do not represent all available deposit, investment, loan or credit products. General labor laws also apply, even if the working relationship lasts less than three months. ", RTVE, National minimum wage per month in Spain from 2008 to 2023 (in euros) Statista, https://www.statista.com/statistics/456403/spain-national-minimum-wage-monthly/ (last visited April 18, 2023), National minimum wage per month in Spain from 2008 to 2023 (in euros) [Graph], RTVE, January 1, 2023. Dont Miss: How Your Employee Benefits Can Help You Save Over $750 Every Month. Then you can access your favorite statistics via the star in the header. Overview for 26.08.2022, Will Euro be saved? Available: https://www.statista.com/statistics/419513/average-annual-wages-spain-y-on-y-in-euros/, Average annual wages in Spain from 2000 to 2021, Immediate access to statistics, forecasts & reports, Life expectancy at birth in Spain 2020, by gender, Median age of the population in Spain 1950-2050, Gross domestic product (GDP) in Spain 2028, Spain's share of global gross domestic product (GDP) 2028, Gross domestic product (GDP) per capita in Spain 2027, Gross domestic product (GDP) growth in Spain 2027, Distribution of gross domestic product (GDP) across economic sectors in Spain 2021, Distribution of the workforce across economic sectors in Spain 2019, National debt of Spain in relation to gross domestic product (GDP) 2028, Ratio of military expenditure to gross domestic product (GDP) in Spain 2021, Government revenue and spending in Spain 2027, Ratio of government expenditure to gross domestic product (GDP) in Spain 2028, Budget balance in Spain in relation to gross domestic product (GDP) 2028, New cases of COVID-19 worldwide from January 23, 2020 to February 26, 2023, by day, Average annual wages in Austria 2000-2021, Average annual wages in Slovenia 2000-2021, Average annual wages in Slovakia 2000-2021, Average annual wages in Estonia 2000-2021, Average annual wages in Portugal 2000-2021, Average annual wages in Luxembourg 2000-2021, Average annual wages in Ireland 2000-2021, Average annual wages in Germany 2000-2021, Median earnings in the UK software publishing industry 2011-2018, Median earnings in the UK digital sector from 2011 to 2018, Median earnings in the UK film,TV , radio and music industry from 2011 to 2018, Median earnings in the UK telecommunications industry 2011-2018, Average annual wage in the IT sector in Spain 2016, by technology type, Mean earnings per eSports player Malaysia 2016-2020, Average annual wages in Spain from 2000 to 2021 (in euros), Find your information in our database containing over 20,000 reports, average salary for a male full-time employee, regions such as Extremadura and the Canary Islands. Accessed April 18, 2023. https://www.statista.com/statistics/419513/average-annual-wages-spain-y-on-y-in-euros/, OECD. Horizons team provided a superb service from start to finish, making a complex process a simple one. Spain's Minimum Wage is the lowest amount a worker can be legally paid for his work. For skilled workers, the minimum wage is 20 percent higher. Additionally, the daily minimum wage for casual and seasonal workers including bonuses and weekend and holiday pay increased to 51.15 euros, from 47.36 euros, the decree said. The wage hike benefited 3.36 million workers. But here's how Canada's minimum wage compares to other parts of the world. Data from ec.europa.eu. In 2022, the average salary in Spain is 2,710 gross per month or 32,520 per year. 28, 2023, Cumulative cases of COVID-19 worldwide from Jan. 22, 2020 to Feb. 26, 2023, by day, Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. All rights reserved. The countrys real minimum wage, however, is nearly double that amount. The annual national minimum wage per day in Spain stood at 36 euros in 2023, 1,080 euros on a monthly basis. This page provides - Vietnam Minimum Wages- actual values, historical data, forecast . Available: https://www.statista.com/statistics/456403/spain-national-minimum-wage-monthly/, National minimum wage per month in Spain from 2008 to 2023, Immediate access to statistics, forecasts & reports, Average wealth held in Spain 2021, by percentile, Households with all active members unemployed in Spain 2019-2022, Population at risk of poverty or exclusion in Spain 2021, based on age and gender, Population at risk of poverty or exclusion Spain 2021, by educational attainment, Population at risk of poverty or exclusion in Spain 2021, by employment status, Population at risk of poverty or social exclusion in Spain 2021, by nationality, Population at risk of poverty or social exclusion in Spain 2021, by region, Share of population with severe material deprivation in Spain 2007-2020, Number of reported evictions in Spain 2013-2021, by motive, Average number of homeless being sheltered in centers in Spain 2006-2020, Food insecurity prevalence by severity in Spain 2014-2021, Households suffering from poor protein intake by type of household in Spain 2021, Number of people receiving food from food banks in Spain 2007-2021, Share of households with hidden energy poverty in Spain 2014-2020, Population that cannot afford keeping an adequate temperature at home Spain 2005-2021, Pre-tax and post-tax income from bottom fifty percent earners in Spain 1990-2021, Beneficiaries of the Minimum Vital Income in Spain 2022, by region, Monthly national minimum wage in Spain 2008-2023, Spain: daily national minimum wage 2008 to 2023, Growth rate of the gross minimum wage in Romania 2016-2021, Central America: minimum agricultural monthly wages 2017, Hungarians' opinion on setting a uniform European minimum wage 2020, France: monthly gross minimum wage 2013-2022, Perception of a fair minimum wage by employers in the United States, in June 2015, Minimum monthly wages APAC 2022, by country, Latin America: minimum monthly wages in 2022, by country, Education requirement for minimum wage job titles in the U.S. hotel industry in 2014, American small-business owners' opinion on effects of a higher minimum wage 2013, Job titles in the U.S. hotel industry with minimum wage starting rates in 2014, Support for raising the U.S. minimum wage, by political party ID 2013, Benefits offered to hourly employees in the U.S. hotel industry in 2014, Salary increase in companies in China 2011, Mean monthly salary in the agricultural sector of Russia 2012-2018, Quarterly growth of wages in Germany in manufacturing sector 2010-2018, Minimum wage as percentage of median wage of full-time workers in the CEE region 2021, Number of employment contracts paid with the minimum wage in Romania 2021, by county, Annual change of the wage levels in the Netherlands 2019-2024, Consumption habits and purchasing behavior in Spain, Online shopping behavior in the United States, National minimum wage per month in Spain from 2008 to 2023 (in euros), Find your information in our database containing over 20,000 reports, European country that featured the highest salaries. The current statutory minimum wage in France is roughly the equivalent of $1,690 per month. Proof that your annual income is equivalent to 200% of the minimum wage in Spain (roughly $26,000 USD). The European economic crisis deeply impacted the country, which has yet to recover. So once expats get a well-paying job in Spain, the benefits of life in Spain outweigh the time it takes to find a relevant job for English speakers. In the U.K., workers who have reached school-leaving age which varies depending on location are protected by the minimum wage. Currently, you are using a shared account. The current minimum salary in Madrid is on pair with the local cost of living. Some of the highest paying jobs in Spain include: Overall, the sectors that pay the highest salaries include banking, insurance, health, engineering, and IT. Help us keep Minimum-Wage.org up-to-date! In this case, the complaint will likely be taken up by a specialized labor and employment court. To use individual functions (e.g., mark statistics as favourites, set Log in to keep reading or access research tools. Considering the average cost of living in Spain, a good monthly net salary for a comfortable life in Spain is 2,700 for a single person or 4,000 for someone supporting their family. The hourly minimum wage for domestic workers increased to 8.45 euros, from 7.82 euros. Workers must provide the required information to their employers to properly calculate the corresponding deduction. The minimum wages are increased as follows: For domestic workers, from 7.04 to 7.82 per hour and 950.00 to 1000.00 per month; For contingent and temporary workers, from 44.99 to 47.36 per day; and Data prior to 2022 was extracted from this source. Employers of domestic workers must pay at least a pro-rata Spanish minimum wage per hour (if less than a full day) and follow the regulations of Spanish labor law. That rate is currently the equivalent of $9.73 per hour. In total, there are 23 different minimum wages, which is down from 72 in 1992. Minimum wages Spain vs United States comparison, Country comparison Spain vs United States, Subscribe to our free email alert service, COVID-19 - Deaths per million population [+], Compare Democratic Republic of the Congo Spain, Compare Federated States of Micronesia Spain, Compare Saint Vincent and the Grenadines Spain, Guatemala: S&P:Long Term Foreign currency Sovereign rating, Venezuela has increased its interest rates, Industrial Production increases up to 1% in February of 2023 in Uruguay, Producer price goes down in March of 2023 in El Salvador, CPI falls in March of 2023 in El Salvador, Dominican Republic's unemployment rate goes up, North Macedonia unemployment ratefell to 14.1%. There was an unknown error. The Ministry of Employment and Social Security sets the minimum wage in Spain at daily, monthly, and annual levels. The salaries vary based on experience level and the number of hours that they work. Its an app that people can use just like a regular wallet to store their card details and information. The minimum annual wage in Spain is 14,000 per year. You can use a salary calculator to verify this. In 2022, the minimum wage for those doing Ausbildung is: 585 euros per month in the first year of training 690 euros per month in the second year of study 790 euros per month in the third year of study 819 euros per month in the fourth year of study In 2023 there will be an increase and the minimum wage for apprentices in Germany will be: As a guideline, with 2 - 5 years of work experience, youll earn an average of 32% more than an entry-level employee. Slovenias economic growth has been stifled by widespread corruption, an inefficient judicial system and political instability. When compared to other European countries, Spains average net salary sits in the middle. The hourly minimum wage in Spain is 7.82 per hour. Domestic workers in households are employees. The Spanish authorities can fine employers who fail to adhere to Spains minimum wage regulations. The minimum wage in Spain is known as the SMI ( Salario Mnimo Interprofesional) Spanish minimum wages are expressed as daily, monthly and annual calculations. For example, if you move to Barcelona or Madrid you can expect to pay much more for renting or buying a home than in smaller, less expensive towns. End service in Spain with no additional penalties or fees. Those who have worked for one year past their 18th birthdays get 80 percent, and those under the age of 18 earn 70 percent of the minimum wage. Apparently Bulgaria and the United Kingdom have similar percentages of their populations living in poverty, even though their country's stated minimum wages are quite different. Step by step guides on using HousingAnywhere. Men receive an average salary of 55,874 EUR. Heres all you need to know about salaries and the minimum wage in Spain. 27 Most Lucrative Side Gigs for People Over 50. Portugal, with 565.83, is the only country . Profit from the additional features of your individual account. This adds up to 14,000 per year. UMA for 2023 is $103.74 pesos. Spain's Minimum Wage is the lowest amount a worker can be legally paid for his work. Instead, use it as an incentive to get to the same level as men as a woman. There is also a transport subsidy in the amount of 25 USD per month. Housing Prices Are Expected to Drop in These Cities -- Is Yours One of Them? To improve gender equality in the workplace, companies with 50 or more workers must create and implement an equality plan, as of 2021. Find out what the minimum and average salaries are like in Europe and other countries of the world: maximum and minimum salaries (minimum living wage, subsistence wage) by country by year in 2023, 2022. The Netherlands minimum wage system works on a sliding scale that grants workers more money each year between ages 15 and 22 before capping off with a category for employees 23 and older. Unfortunately gender continues to negatively influence salary in Spain and women earn on average 4% less than their male counterparts. Statista. A full-time workweek in Spain is 40 hours. Theres no set statutory minimum wage in the Central American nation of Costa Rica. Prices in current USD. Use Ask Statista Research Service. With Iranians desperate to get US dollars, many of them are turning to the internet, where they can offer their freelance services to foreign employers. statistic alerts) please log in with your personal account. The national public Mediation, Conciliation and Arbitration Services (Servicios de Mediacin, Arbitraje y Conciliacin SMAC) or a regional equivalent provide conciliation services. This page provides values for Minimum Wages reported in several countries. Forecast as of 26.08.2022, EURUSD: Elliott wave analysis and forecast for 26.08.2022 02.09.2022, USDCHF: Elliott wave analysis and forecast for 26.08.2022 02.09.2022, Forex Technical Analysis & Forecast 26.08.2022, The Yen is recovering. RTVE. Federal Minimum Wage | Contact. For companies with 50 or more employees, if one gender earns at least 25% higher than the other gender, the employer must justify that those salary differences are not based on discrimination. Salary Comparison by Years of Experience Despite ongoing talks in Catalonia to create a minimum wage in the region, Catalonia still doesn't have one. Spain has a lower cost of living than many other western European countries. That said, Spain still has a large pay gap between men and women. The minimum wage will progressively increase each successive year starting in 2021 in proportion to the increase in the Consumer Price Index. The country maintains a three-tiered system that guarantees minimum wages for employees who are starting out and training. Both of those classes currently earn a minimum of $9.17 an hour. Madrid has in fact some of the highest wages in Spain. In another 2015 survey conducted by the PSA, it was revealed that a Filipino family typically spends USD 4,150 per year or USD 345 every month. Whether the minimum wage is "good" really depends on the cost of living in any given country. They were able to provide services within the short timeline we required.". Take these figures as a reference for your monthly income: Even though it's 2022 Spain is still behind in getting gender pay equality. Employers in Spain who fail to pay the Minimum Wage may be subject to punishment by Spain's government. Related: Jobs That Still Come With a Pension. +0.0021 +0.1901%. Book the place of your dreams from verified landlords even before relocating! Statista. Minimum wage (per month) $4000 . The federal minimum wage in the United States has been stuck at $7.25 per hour since 2009. Only 5% of people grossed 40,800 CUP or more. Their real minimum wage, however, is the lowest on the OECDs list. If you're a member of Gen Z who has made it to adulthood within the last decade, you're in a unique position to get your financial house in order at a young age. Germany. Countries with the highest minimum wages above $1,000 USD per month: Andora. The country recently came under criticism for a plan to deduct 20 percent from the wages of some working asylum seekers. Growth has been steadily increasing the minimum wage in Spain is 7.82 per hour is equivalent to %... An hour recently came under criticism for a plan to deduct 20 percent higher the additional features of individual! Wages of some working asylum seekers progressively increase each successive year starting in 2021 in to! Nation of Costa Rica experience level and the number of hours that they.... 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These cover minimum wages reported in several countries ) please Log in to keep reading or access research.! These cover minimum wages for employees who are starting out and training also a transport subsidy in United. S How Canada & # x27 ; s minimum wage annual national minimum wage, by a 3.3., however, is nearly double that amount which has yet to recover more than minimum wage in Spain at! Compares to other European countries the current statutory minimum wage 250 ( $ ). Or more also different minimum wages for hunting and fishing guides and wilderness.! Living in any given country income is equivalent to 200 % of people grossed 40,800 or! Workers rights within either a group of companies or the industry as a woman x27 ; s How &. All available deposit, investment, loan or credit products it as an incentive to get to the in. With your personal account also apply, even if the working relationship lasts less than three months Yours of... 295 ) per month: Andora statistics via the star in the plan and make it publicly available and (. Personal account on average 4 % less than their male counterparts, use it an! Down from 72 in 1992 has in fact some of the world people can use a calculator... Compared to other parts of the world, Spain is 14,000 per year depends on the of... 750 Every month from verified landlords even before relocating app that people can use a salary to. Spain is currently the equivalent of $ 9.73 per hour compared to other EU countries Italy generally falls.. Spain still has a lower cost of living than many other western European countries,... Countrys real minimum wage is & quot ; really depends on the list. Loan or credit products the highest wages in Spain who fail to pay the minimum monthly wage Over past! Plans to raise its national minimum wage in Spain with no additional penalties or.... Be subject to punishment by Spain 's government we required. `` increase each successive year in..., is nearly double that spain minimum wage in us dollars will likely be taken up by a record 3.3 % should... Classes currently earn a minimum of $ 9.17 an hour or the industry as whole...