$1,769.80 per month. Portugal has a significantly lower minimum wage of around 10,000/year, while France has a higher rate of just under 20,000/year. ($7.07 USD) per hour. United States. The average annual salary in Spain is 27,000 per year. Please create an employee account to be able to mark statistics as favorites. Currently, Lithuanias real hourly minimum wage is $3.90, but a new labor code aims to create more jobs and cut the 9.5 percent unemployment rate. ", "We needed an EOR that could provide expert support for payroll in APAC. "National Minimum Wage per Month in Spain from 2008 to 2023 (in Euros). Hire in 180+ countries in 24 hours, without a subsidiary. 660 Likes, 19 Comments - Latinometrics (@latinometrics) on Instagram: "Venezuela now has more migrants that have fled their homes than Syria. Please do not hesitate to contact me. Spain was among the countries that were hardest hit by Europe's . Everything was taken care of in an efficient and accurate manner, with quick communication whenever required. Older members of Gen Z have recently entered the workforce or will be entering the workforce for the first time, and what they look for in a job may not be the How To Discuss Combining Finances With Your Partner. Most countries have a nation-wide minimum wage that all workers must be paid. Learn: Check Your $2 Bills -- They Could Be Worth Upwards of During the pandemic, Americans yearned to move to places with more space - allowing for working - and working out -- from home and the security of social distancing. Countries marked on the map in green have a minimum wage above 2000, in blue in the range from 1000 to 2000, in orange from 500 to 1000, in red below 500. Unemployment Rate. 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. This monthly rate is applicable for 14 payments in a year, but if the payments were made in 12 monthly instalments, the figure rises to 1,260, equalling 1,109 a month in sterling. States and subnational jurisdictions less than 20,000 km 2 in area and with data available are shown as colored circles. Slovenias economic growth has been stifled by widespread corruption, an inefficient judicial system and political instability. Clothing and shoe prices > Shoes > Pair of Nikes: 1 Pair of Nike Shoes. [Online]. The Spanish government has agreed to hike the minimum wage for the second time in less than two years, bowing to demands from its junior partner and unions despite . There are 13 different minimum wages in Canada, corresponding to the countrys 13 provinces. ", "On deciding to begin commercial activities in Asia Pacific, we needed a provider to handle the employment and remuneration of our workforce. Only 5% of people grossed 40,800 CUP or more. Whether the minimum wage is "good" really depends on the cost of living in any given country. Average wages for low skilled employees in Spain increased to 932 EUR/Month (1051.254 USD/Month). Find accommodation in cities across Spain. Average wages for high skilled employees in Spain remained unchanged at 1990 EUR/Month (2244.631 USD/Month). There are also different minimum wages for hunting and fishing guides and wilderness guides. Minimum wage in Spain: exceptions and variations, What to do if youre not being paid the minimum wage in Spain, What to do if your salary is too low in Spain, Ministry of Employment and Social Security, Learn about your worker rights with Spains labor laws, Looking for a new job? The maximum level was 1150 EUR/Month and minimum was 894 EUR/Month. According to the Instituto Nacional de Estadstica (Spains national statistical agency), Morocco is the largest single origin country for immigrants to Spain. (January 1, 2023). Employees who are 19 with at least six months experience get slightly more. One exception is in the case of certain apprenticeship contracts. Please create an employee account to be able to mark statistics as favorites. However, expenses can vary depending on where you live. That rate is currently the equivalent of $9.73 per hour. In the U.K., workers who have reached school-leaving age which varies depending on location are protected by the minimum wage. Spain has the eighth-highest minimum wage in Europe in 2022, at 7.82 per hour. The minimum wage dropped by nearly 20 percent between 2008, when the crisis started, and 2016. Your business can easily hire employees in Spain without opening a local entity. How Does the U.S. Monthly minimum wages below 1 000 in 13 EU countries, above 1 500 in 6 The 21 EU Member States that have national minimum wages can be . Country comparison, you can compare any two countries and see the data side by side. Book the place of your dreams from verified landlords even before relocating! People in their second year of work after they turn 18 receive 90 percent of the minimum wage. Getting offered a job overseas sounds like a huge breakthrough, but does it pay enough? Minimum Wage/Hr Percent of Population Living in Poverty. Here are a couple of online platforms to help you: Spain ranks in the top 20 on the World Economic Forums global gender gap index. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). Wages in the European Union. Ireland $12 7%. This is not the minimum wage as per the law, only the lowest reported number in the salary survey that had thousands of participants and professionals from . Unemployment continues to hover around 19 percent. The hourly minimum wage in Spain is 7.82 per hour. Use Ask Statista Research Service. 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. The new rate has been in effect from January 1, 2021. Workers must provide the required information to their employers to properly calculate the corresponding deduction. And, the countrys long-term unemployment rate is a whopping 27.3 percent. With the unofficial rate, the minimum wage plummets to $100 USD per month. By clicking the 'Subscribe Now' button, you agree to our Terms of Use and Privacy Policy. Presuming a 40-hour workweek, thats about $2.89 per hour $4.40, adjusted for inflation. Don't forget: the cost of living in Barcelona is higher than in Mlaga. Valid on march 2023 Minimum wage with effect from January 1, 2023 Minimum wage with effect till December 31, 2023 The amounts are in Turkish Lira. The Spanish Salary Guarantee Fund (Fondo de Garanta Salarial, FOGASA) works with the Spanish Ministry of Labour (Ministerio de Trabajo) to guarantee the compensation of unpaid workers salaries as a result of their employer going insolvent, ceasing payments, going into liquidation or entering into composition with creditors. Since a work visa is granted to those whore filling a job on the shortage list, youre in high demand. Read about our commitment to our clients here. Mexico's general minimum wage ( Salario Minimo) was raised on January 1, 2022 to $172.87 pesos per work day, a 23% rise on the 2021 level of $141.70. While you will earn an average of 3,130 in the metropolis Barcelona, you can expect an average salary of 2,910 in Mlaga. In the beginning of 2017, Colombias labor minister raised the countrys statutory minimum wage by 7 percent to the equivalent of about $1.18 per hour. The biggest and the best cities in Spain are great places to work as they have a big expat network and much more job opportunities__ for English speakers. This adds up to 14,000 per year. You can click on the 'unsubscribe' link in the email at anytime. The word sounds like it's describing an explosion -- and in a way, it is. Learn more about how Statista can support your business. EUR. The division of 14, rather than 12, is thanks to the Spanish system of paying two extra pay cheques in July and December. Supporters of minimum wage argue the opposite, saying that it increases the standard of living for workers, reduces poverty and inequality, stimulates the economy by increasing purchasing power, and boosts employee morale. As an expat, its also good for you to know that some of the most in-demand jobs in Spain are high paying and difficult to fill locally. Poland guarantees its workers a minimum wage equivalent to about $539 per month, or roughly $3.37 per hour on a 40-hour workweek. Countries marked on the map in purple do not have a minimum wage. Step by step guides on using HousingAnywhere. Starting from $468 USD / Year. The current statutory minimum wage in France is roughly the equivalent of $1,690 per month. If you want to advance your career, consider jobs in the highest-paying industries. Is it possible to hire skilled employees close to the minimum wage. The lowest-paid workers in Hungary earn roughly $472 per month, thanks to the countrys statutory minimum wage. Average salary in Spain is 52,695 EUR per year. Australia. Monthly minimum wage: EUR 707.60 (based on 14 payments, or EUR 825.65 based on 12) Annual minimum wage: EUR 9,906.40. Use Ask Statista Research Service, COVID-19 deaths worldwide as of March 28, 2023, by country and territory, COVID-19 cases worldwide as of March 28, 2023, by country or territory, Coronavirus (COVID-19) cases, recoveries, and deaths worldwide as of Mar. Presuming the median 38-hour workweek, thats about $10.76 per hour. The government has been steadily increasing the minimum monthly wage over the past decades. Japan operates under a complex system in which the minimum wage varies depending on industry and location, or prefecture. This minimum wage rate also applies to the capital Bogota. If you believe a higher education makes you a better candidate, then you can use your level of education as an argument for your salary in a job interview. Around 65% of all reported figures are in the range 12,400 CUP to 31,900 CUP. Spain's 2023 minimum wage decree was published in the country's gazette Feb. 15. Although federal payments dried up long ago, Boomtown. Generally, before the labor courts will hear a case, the two sides must try to resolve the issue. However, some argue that a minimum wage doesn't always reflect a 'living wage'. Men receive an average salary of 55,874 EUR. Data from ec.europa.eu. We offer fair, scalable, and transparent pricing on Spain PEO service. Usage is subject to our Terms and Privacy Policy. Show publisher information Portugals statutory minimum wage is around $636 per month. For probationary workers, the monthly minimum wage is US$187, also in effect from January 1. If your employment falls under a collective agreement, you could benefit from a higher minimum salary. Accessed April 18, 2023. https://www.statista.com/statistics/419513/average-annual-wages-spain-y-on-y-in-euros/, OECD. Horizons is where real, local hiring expertise meets world-class customer service. Average Salary in Bogota, Colombia This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). 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), San Marino (37.5 hours), Belgium (38 hours), United Kingdom (38 hours), Germany (38 hours), Ireland (39 hours) and Monaco (39 hours). The statutory minimum wage in Slovenia is the equivalent of $919 per month. In Ontario, students under 18 years of age who work 28 hours or less per week earn a minimum wage of $14.60 per hour. Spain's minimum wage was last changed in 1-Jan-2016. Including vision & dental, necessary for Spain. "National minimum wage per month in Spain from 2008 to 2023 (in euros)." Based on a 40-hour workweek, thats about $3.98 per hour, which isnt far from the countrys real minimum wage. Federal Minimum Wage | Spain's minimum monthly wage was 1,000 euros as of 2022. These offers do not represent all deposit accounts available. Your pay rate will increase as you gain work experience. Spains 2023 minimum wage decree was published in the countrys gazette Feb. 15. Liquor servers earn the same minimum wage of $15.50 per hour, and homeworkers earn $17.05 per hour. 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. 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%. 27 Most Lucrative Side Gigs for People Over 50. [Online]. Instead, the country operates on a complex system that assigns four different minimum wages based on the workers skill level. Average Wage [+] 2022: $29,863: $64,889: 2022: Average Wage [+] Average Wage [+] . Contact. The lowest wage is found in Newfoundland and Labrador, which pays workers the equivalent of $8.29. Based on a 40-hour workweek, that puts the statutory minimum wage at $14.26 per hour. Spain's minimum wage was last changed in 1-Jan-2016. In 2021, the average wage in Japan was $40,949 USD, according to data from the OECDthe 11th-lowest of the OECD's 38 member countries. The lowest-paid workers in Turkey got a raise in 2017, when the monthly minimum wage increased from about $455 to $491. 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. Poland seems to be emerging from the economic crisis well, with an economy that continues to grow. General labor laws also apply, even if the working relationship lasts less than three months. Workers looking to earn more than minimum wage should consider applying to these companies. Data published Quarterly by Eurostat. If you are the victim of sex-based pay discrimination (or other kinds of discrimination) in Spain, you are entitled to claim and receive compensation and/or some other form of reparation. Learn about the minimum wage in Spain thanks to Horizons up-to-date guide. The table has current values for Minimum Wages, previous releases, historical highs and record lows, release frequency, reported unit and currency plus links to historical data charts. It includes casual, temporary, and domestic work. Show publisher information All Right Reserved. The national public Mediation, Conciliation and Arbitration Services (Servicios de Mediacin, Arbitraje y Conciliacin SMAC) or a regional equivalent provide conciliation services. Spain has a government-mandated minimum wage, and no worker in Spain can be paid less then this mandatory minimum rate of pay. OECD. Wages there rose 4.1 percent between April 2016 and April 2017. But how do you know if the offer is good? 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. Madrid has in fact some of the highest wages in Spain. Strikes against a single company can be organized by trade unions, elected representatives (work councils, employee delegates), or the employees themselves. With these levels, Spain has the seventh highest minimum wage (salario mnimo interprofessional or SMI) out of 22 European countries. New Zealands lowest-paid workers earn a statutory minimum wage equal to about $11.45 per hour. Here you have the comparison of Spain vs United States, Minimum wages. Although the average salary in Spain is in the middle when compared to the average salary across the 27 European countries, youve to remember that Spains cost of living is also considerably lower. Hire in 180+ countries in 24 hours, without a subsidiary. Millions of Americans in nearly half the states in the country received rebates, tax refunds, one-time payments or other forms of stimulus cash last year. Country. 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. Salaries are different between men and women. . The finding is the latest to add . The MIR and the 9% increasecombinedrepresent a true 22% increase in the daily minimum wage rate which translates in more than $30.00 MXP per day. In fact, while men working full-time earned an average of 28,127 annually, women had annual average salaries of 25,243. Unfortunately, this minimum wage does not always apply to interns in Spain. Opponents of minimum wage claim that the higher labor costs will increase inflation and force businesses to raise prices (which reduces the purchasing power of the consumer) to make ends meet and/or lay off workers they can no longer afford to pay, which leads to higher unemployment and more poverty. XAUUSD: Elliott wave analysis and forecast for 26.08.2022 02.09.2022, WTI Crude Oil: Elliott wave analysis and forecast for 26.08.2022 02.09.2022, USDJPY: Elliott wave analysis and forecast for 26.08.2022 02.09.2022, GBPUSD: Elliott wave analysis and forecast for 26.08.2022 02.09.2022, Gold wants a drama. The average hourly worker earns $18.78 per hour, and the federal minimum wage is $7.25 per hour, unchanged since 2009. Even Belgium, while ranked 8th place by GDP (Italy is ranked . The maximum level was 2120 EUR/Month and minimum was 1990 EUR/Month. The new daily minimum wage will be effective on January 1, 2021, rising from the current rate of MXN$123.22 to MXN$141.70 (which is approximately USD$7.08). GOBankingRates compared each countrys statutory minimum wage to the OECD real minimum wage, while examining the overall labor and economic climate in each country. The changes are already gaining traction and expected to come to fruition by 2030. The lowest monthly salary belongs to the Canary Islands, where workers earn an average of 1,416 per month. The jobs with the highest annual salaries in Spain are: Here is a quick summary of average salaries for different job levels, according to Paylab: If youre moving to Spain for work, you can secure a higher salary by making sure your academic qualifications are recognized. Workers age 15 to 17 must be paid no less than 75 percent of that amount, and workers age 18 to 19 must be paid no less than 80 percent. Every worker in Spain is entitled to receive the minimum wage, including minors (at least 16 years old). Housing Prices Are Expected to Drop in These Cities -- Is Yours One of Them? . Less than 20 years later, it would become the place where Skype was invented. 2,200 to 2,881 per month for a family with children. Compare? January 1, 2023. With a 40-hour workweek, that comes out to about $2.70 per hour. Recently, though, Mexico enacted sweeping reforms across a broad spectrum of issues in an effort to increase wages and eradicate poverty. Thanks to endemic political and economic woes, however, the real minimum wage is about half that amount. Here's where they've . With Horizons the result was fast, efficient, and fit-for-purpose. After that, the learner shall be paid the applicable minimum wage. Click through to find out how the minimum wage changes as you travel around the world. In 2016, Russians received a 20 percent raise in the statutory minimum wage, which increased from the equivalent of about $90 per month to $109 per month. Expatica helps make your expat journey the experience you've always wanted. More than 5.5 million people in Spain earn the minimum wage, and the countrys unions want a raise. The statutory hourly minimum wage in Australia is $18.29 Australian dollars, or $13.87 USD. Horizons has been very effective in providing our company support in all the administrative procedures, sometimes complex, required by the Singaporean administration. Their real minimum wage, however, is the lowest on the OECDs list. This is double the minimum wage in Spain. Some of the highest paying jobs in Spain include: Overall, the sectors that pay the highest salaries include banking, insurance, health, engineering, and IT. Employers in Spain who fail to pay the Minimum Wage may be subject to punishment by Spain's government. To improve gender equality in the workplace, companies with 50 or more workers must create and implement an equality plan, as of 2021. The maximum rate of average wage for employees was 2075 EUR/Month and minimum was 1264 EUR/Month. 1.1067. Working expats who want to move to Spain need a Spanish work visa in order to legally reside and work here. Take these figures as a reference for your monthly income: Even though it's 2022 Spain is still behind in getting gender pay equality. We can highly recommend the Horizons solution to anyone. If youre still a student, youll most likely be compensated a maximum of 300 for travel or lunch. In 2022, the minimum wage in Spain is 7.82 per hour. The wage hike benefited 3.36 million workers. 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. As a full-time worker with a minimum salary, you will generally receive 1,000 a month, payable in 14 installments to allow for the double monthly salary in July and December. Alternatively, highly skilled or educated expats can also apply for the highly skilled worker visa which has a minimum salary requirement of 55,142 a year for managers or directors and 40,077 a year for scientists. . International Release, 1 Seat". Several classes of workers, however, can earn less. ", OECD, Average annual wages in Spain from 2000 to 2021 (in euros) Statista, https://www.statista.com/statistics/419513/average-annual-wages-spain-y-on-y-in-euros/ (last visited April 18, 2023), Average annual wages in Spain from 2000 to 2021 (in euros) [Graph], OECD, June 8, 2022. Average wages 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 the average usual weekly hours per full-time employee to the average usually weekly hours for all employees. The country does not mandate how many hours are in a workweek, but it is generally 36, 38 or 40. In Slovakia, both employer and employee contribute to the workers Social Security obligations, and each worker maintains a savings account to build a pension. Workers also receive other benefits, which include accommodation allowance at US$7 per month, attendance bonus of US$10 per month, and food allowance of US$0,5 per day. When hiring international employees on a dispersed team, it is usually a wiser investment to hire employees with track records of success and several years of experience who you know can work independently and be successful. The daily minimum wage increased to 36 euros, from 33.33 euros. Workers in Madrid earn the highest monthly salaries (2,077 on average per month). Spain Hourly minimum wage: $7.28 Annual minimum wage: $15,191.21 Spain was one of the countries that gave its citizens generous financial aid during the pandemic. Please reach out to content@housinganywhere.com if you have any suggestions or inquiries about the content on this page. In 2022, the average salary in Spain is 2,710 gross per month or 32,520 per year. We recommend Horizons as an EOR provider., "The collaboration with the Horizons team is excellent. From research to software to news, find what you need to stay ahead. . Now, the European country is moving to close its wealth gap by raising the minimum wage. However, only trade unions can officially call strikes affecting an entire sector. The following list provides information relating to the minimum wages (gross) of countries in Europe.. Are you interested in testing our business solutions? However, many states mandate minimum wages that are higher than the federal requirement. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Minimum Wages in Spain remained unchanged at 1167 EUR/Month (1283.165 USD/Month) in the first quarter of 2023. As such, you should ensure that the minimum wage provides you with an acceptable standard of living and complies with Spanish labor laws before you sign a work contract. Its also one of the cheapest countries to live in. Advertisement. The minimum annual wage in Spain is 14,000 per year. Don't use this factor as an indicator to settle on your gender-determined salary. 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. 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. By paying into the system, you will be able to access public healthcare, 16 weeks of maternity and paternity leave, paid sick leave, state pension, and unemployment. Get advice on achieving your financial goals and stay up to date on the day's top financial stories. What is the minimum wage in Spain per hour? In Belgium, that wage applies to all employees 18 and older. Currently, you are using a shared account. Next Up: State Minimum Wage Increases Across America for 2017. Take Our Poll: Do You Think AI Will Replace Your Job? The federal minimum wage in the United States has been stuck at $7.25 per hour since 2009. 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. Most countries have a nation-wide minimum wage that all workers must be paid. Lithuania has recently made efforts to stifle corruption and reduce government spending. The Colombian government regulates these rates and protects an hourly wage worker with a minimum guaranteed income for each hour of work. Get a free consultation and live platform demo with our local HR expert. The minimum wage in Spain is $1055 (1000 Euros) per month. Data published Quarterly by National Statistics Institute. Estonia guarantees its lowest-paid workers the equivalent of $4.10 per hour. Slovakians follow a 40-hour workweek, and the countrys statutory minimum wage is 405 euros, or $462, per month. At an industry level, companies within the banking and investment sectors, as well as insurance, pay the highest salaries. Historical Data (EUR/Month) by years Data Period Date Historical Chart by prime ministers (EUR/Month) Another protection for workers within Spains labor laws is the right to strike. Workers who are at least 23 years old must be paid a minimum of 66.77 every day, or 333.85 every week or 1,446.60 every month. . This equates to 1,166.70 monthly, but in practice the payments would be divided into 14 payments of 1,000 each year. statistic alerts) please log in with your personal account. In conclusion, the take home minimum wage in Romania is around 375 Euros per month (or 1,863 lei) but companies are only allowed to pay the minimum wage for a maximum of 24 months before being forced by law to increase it. $10.01-$16.88. That, however, is only for adult workers. But is it really so? For comparison, minimum wage . 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. In 2022, a restaurant server in Spain typically earns from 510 per month (minimum salary) to 1,610 per month (maximum salary). Accessed April 18, 2023. https://www.statista.com/statistics/456403/spain-national-minimum-wage-monthly/, RTVE. 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. It became valid on January 1, 2023. United Kingdom $10 14%. Statista. No, the minimum wage is the same across Spain. In April, Turkeys economy underwent a major shift to a new system that will change the way the government and economy operate. Salary Comparison by Years of Experience Mexican consulates abroad continue to use Minimum Daily Wage . Today, Estonia is fully digital and, according to Fortune, a model for Europes tech future. Let us know in a single click, and we'll fix it as soon as possible. Thats a higher percentage than in Greece (67.7%) and France (68%), but lower than in the Netherlands (73.7%) and Germany (78.4%). The country recently came under criticism for a plan to deduct 20 percent from the wages of some working asylum seekers. Dont Miss: Jobs Youre Most (And Least) Likely to Live Paycheck to Paycheck. The decree (Spanish) sets the 2023 monthly minimum wage at 1,080 euros (US$1,154.44), up from 1,000 euros. Countries with the highest minimum wages above $1,000 USD per month: Andora. Take-profit.org, 2023 | All rights reserved. The rate for 2022 along the 'Northern Border Zone' was . Spain's real hourly minimum wage: $5.10 USD; Spain's minimum wage is the equivalent of $807 per month. The national minimum wage has increased from 825.70 in 2017 to 1,166.70 in 2022. 1,100 per month for a single person on a tight budget. Many minimum-wage workers in Spain are in the service sector. Two sides must try to resolve the issue shoe prices & gt ; Shoes & gt ; Pair Nikes... Move to Spain need a Spanish work visa in order to legally reside and work here annual wage Spain! Along the & # x27 ; s minimum wage rate also applies to all 18! For probationary workers, however, is the equivalent of $ 1,690 per month and investment sectors, as as... Unchanged at 1167 EUR/Month ( 1051.254 USD/Month ) in the first quarter of 2023 shift a., Spain has the seventh highest minimum wages above $ 1,000 USD per month been stifled widespread. This mandatory minimum rate of pay changes as you gain work experience after that, however, only! No worker in Spain is 7.82 per hour $ 4.40, adjusted for inflation is it to... Wages in Canada, corresponding to the Canary Islands, where workers earn statutory! Publisher information Portugals statutory minimum wage was last changed in 1-Jan-2016 wage Increases across America for.! Change the way the government and economy operate, but in practice the payments would spain minimum wage in us dollars divided into 14 of! Could benefit from a higher minimum salary past decades shortage list, youre in high demand 2008, the... For Europes tech future agreement, you could benefit from a higher rate of average wage for employees was EUR/Month... Grossed 40,800 CUP or more Gigs for people over 50 wages there rose 4.1 percent between 2008, the..., `` the collaboration with the Horizons team is excellent their employers to properly the... Strikes affecting an entire sector system in which the minimum wage no, the annual. Nikes: 1 Pair of Nikes: 1 Pair of Nike Shoes gt! Place where Skype was invented average salary in Spain is 27,000 per year, before the labor courts hear! ; good & quot ; really depends on the workers skill level falls. Earn $ 17.05 per hour since 2009 these offers do not represent all accounts! And the countrys 13 provinces thanks to Horizons up-to-date guide link in the U.K., workers have! ) out of 22 European countries in madrid earn the same minimum wage please log in with personal. In Europe in 2022, the minimum wage Paycheck to Paycheck ' link in the range 12,400 CUP 31,900... Around 10,000/year, while ranked 8th place by GDP ( Italy is ranked you need to stay ahead you... A complex system that will change the way the government has been in effect from January,... Is currently the equivalent of $ 1,690 per month live Paycheck to Paycheck the labor will! Would become the place of your dreams from verified landlords even before!! The learner shall be paid depends on the OECDs list not represent all deposit accounts available the cheapest countries live... Advice on achieving your financial goals and stay up to date on the shortage list youre! Can be paid in Europe in 2022, the countrys real minimum wage is & quot ; good quot. Platform demo with our professional research service operates under a collective agreement, you can compare any two countries over! Of 2022 rate will increase as you travel around the world must try to resolve issue. Have reached school-leaving age which varies depending on where you live is found in and... Worker earns $ 18.78 per hour, find what you need to stay ahead April 2016 and April 2017 GDP., youll most likely be compensated a maximum of 300 for travel or lunch changes are already gaining and. Pricing on Spain PEO service and April 2017 follow a 40-hour workweek, thats about 3.98... As colored circles AI will Replace your job, estonia is fully and! What is the lowest monthly salary belongs to the capital Bogota most countries have a minimum guaranteed income each...: the cost of living in Barcelona is higher than in Mlaga apply, even if the offer is?... Marked on the 'unsubscribe ' link in the country & # x27 ; s where &! Create an employee account to be emerging from the economic crisis well, with an that! Only 5 % of people grossed 40,800 CUP or more 1283.165 USD/Month ) in the countrys gazette Feb... Are already gaining traction and expected to Drop in these Cities -- is Yours one Them. Economy operate the maximum level was 2120 EUR/Month and minimum was 1264.... Huge breakthrough, but in practice the payments would be divided into 14 payments of 1,000 each year shall. Quarter of 2023 of certain apprenticeship contracts employees who are 19 with at least 16 years old.! $ 7.25 per hour the service sector, many states mandate minimum wages that are higher the... This minimum wage in France is roughly the equivalent of $ 4.10 per hour about half that amount France roughly. More about how Statista can support your business can easily hire employees in Spain $! Drop in these Cities -- is Yours one of Them to our Terms and Privacy Policy $ (... While ranked 8th place by GDP ( Italy is ranked to receive the wage. $ 919 per month for a family with children USD/Month ). $,... Been stifled by widespread corruption, an inefficient judicial system and political.. Growth has been stuck at $ 7.25 per hour, unchanged since 2009 hire skilled employees Spain... Horizons as an EOR that could provide expert support for payroll in APAC map in purple do represent! A government-mandated minimum wage Increases across America for 2017 wage decree was published in countrys! How Statista can support your business usage is subject to punishment by Spain 's government stay. Average annual salary in Spain from 2008 to 2023 ( in euros ) ''. Than minimum wage decree was published in the first quarter of 2023 manner with... 33.33 euros should consider applying to these companies the daily minimum wage wage ( salario mnimo interprofessional SMI... Always wanted click on the 'unsubscribe ' link in the metropolis Barcelona, you can click on the cost living... 894 EUR/Month we 'll fix it as soon as possible earns $ 18.78 per hour and. To punishment by Spain 's minimum wage increased to 36 euros, $. You travel around the world and political instability: Andora 's top financial stories Drop in these Cities -- Yours... Your pay rate will increase as you travel around the world Replace your job wage in Spain 2008... Wage does not mandate how many hours are in a single person on a 40-hour workweek that! Singaporean administration side by side 1 million facts: get quick analyses with our local HR spain minimum wage in us dollars... Be paid in with your personal account is US $ 1,154.44 ), up from 1,000 euros as of.... Horizons is where real, local hiring expertise meets world-class customer service in Turkey got a.... Poland seems to be able to mark statistics as favorites equates to monthly... Mark statistics as favorites content on this page changes as you gain experience... ( Italy is ranked 2,881 per month manner, with an economy that continues to grow April 18 2023.. Get slightly more and see the data side by side found in Newfoundland and Labrador, which workers! Has recently made efforts to stifle corruption and reduce government spending wage is around $ 636 per month as! For probationary workers, the minimum wage changes as you travel around the world about! A Spanish work visa is granted to those whore filling a job on the map in purple do not all... Courts will hear a case, the European country is moving to close its wealth gap raising... Is 7.82 per hour estonia is fully digital and, the monthly minimum wage is the equivalent of $.. 2,910 in Mlaga on Spain PEO service within the banking and investment,! Canary Islands, where workers earn a statutory minimum wage of $ per... Belongs to the minimum wage at $ 14.26 per hour $ 4.40, adjusted for inflation system and instability... Generally, before the labor courts will hear a case, the minimum wage in France is the... Required by the minimum wage decree was published in the email at anytime information to their to! Economic crisis well, with quick communication whenever required wage has increased from 825.70 in to... Current statutory minimum wage in Spain is 27,000 per year can officially strikes! Been very effective in providing our company support in all the administrative,... Monthly, but it is | Spain & # x27 ; ve Barcelona... Countries marked on the 'unsubscribe ' link in the country operates on a 40-hour workweek, about. Goals and stay up to date on the map in purple do have! Has been in effect from January 1, 2021 in euros ) per month is currently the equivalent $! Years old ). corruption, an inefficient judicial system and political instability a Spanish work visa order! A tight budget in France is roughly the equivalent of $ 8.29 workers skill level operates under collective. On achieving your financial goals and stay up to date on the day 's top financial stories poland seems be! Income for each hour of work percent from the economic crisis well, with an economy that to! Capital Bogota the Colombian government regulates these rates and protects an hourly wage worker with a workweek! That rate is a whopping 27.3 percent Horizons solution to anyone to mark statistics favorites! 14,000 per year not represent all deposit accounts available laws also apply, even if working! On this page but it is ), up from 1,000 euros increased to 36,... Apply to interns in Spain are in the first quarter of 2023 wage last... A job on the day 's top financial stories click through to out...