Facts and statistics about Uruguay Uruguay is a country located in the South America region with a population of ⦠The minimum wage was set by the government at $304.17 monthly in 2018. 2019 minimum wage (14 payments): â¬900.00 per month. None, except for agricultural and domestic workers; government regulations for each of the 22 industrial sectors specify minimum wages. This page provides - Russia Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. â¬741 per month ($826) in 12 payments; â¬635 per month ($708) in 14 payments for full-time workers, rural workers, and domestic employees ages 18 and older. For public sector workers, minimum wage was 35,000 DFJ ($198) per month. The minimum wage in Spain has once again become the focus of fierce debate within the coalition PSOE / Unidas Podemos government, with calls on one side to raise it again in 2021 being met by pleas on the other side to keep it at 950 euros. The move sparked protests across the country, as the public demanded the 0.5 monthly ârealâ petros that were promised, which would have amounted to more than 10 times the new minimum wage. Yes, it is that low. That is equivalent to slightly more than 2.750 US dollars per month. For instance, for Spain, where it is paid for 14 months a year, the minimum wage is calculated as follows: (EUR 900 x 14) / 12 = EUR 1,050. 3 of 2016. It should be added that the minimum wage in Poland is constantly increasing and its next increases are planned for the next years. Spain approved what it calls a living minimum wage for low-income households in a bid to help its working poor, a problem aggravated by the coronavirus crisis. Most countries have a nation-wide minimum wage that all workers must be paid. 800,000", Government almost doubles minimum wages, domestic workers to earn close to K1,000, List of top international rankings by country, https://en.wikipedia.org/w/index.php?title=List_of_minimum_wages_by_country&oldid=996117477, Articles with dead external links from June 2016, CS1 maint: BOT: original-url status unknown, Articles with obsolete information from October 2020, All Wikipedia articles in need of updating, Short description is different from Wikidata, Articles with disputed statements from August 2018, Articles containing potentially dated statements from July 2019, All articles containing potentially dated statements, Creative Commons Attribution-ShareAlike License, None; National collective bargaining agreements set minimum wages by job classification for each industry and provide for a minimum wage of. â¬170 ($224) per month for workers between 35 and 65 years of age; â¬130 ($150) for workers under 35 years of age. None; the minimum civil service wage was 21,000 rials ($100) per month. Minimum Wages in Russia increased to 12130 RUB/Month in 2020 from 11280 RUB/Month in 2019. International Currency is a measure of currency based on the value of the United States dollar in 2009. Further, the impact can vary depending on how rapidly it is increased. Increasing the minimum wage to $20 over five years will have less of an impact than an increase in one year. This results in a minimum salary of â¬12,600 a year in 2019. â¬2,071.10 ($2443) per month, â¬11.97 ($14.12) per hour for unskilled workers over 18; increased by 20% for a skilled employee; decreased by 20% to 25% in the case of an adolescent worker. Opponents of minimum wage believe that it increases poverty, increases unemployment because low-wage workers will be unable to find work, and damages businesses because the wage requirements will cause businesses to raise prices of their product and service to accommodate labor costs. That works out to $10.79 in U.S. dollars, not far from the $11 cited in the meme, and still quite a bit higher than the minimum wage in the United States. Canadaâs minimum wage was established in 1965 at C$1.25 per hour, though some provinces had established minimum wages at the time that were lower. The labor code allows the government to set a minimum hourly wage; however, the government has not exercised this provision except for setting the minimum wage for domestic workers at 440,000 GNF ($62) per month. None; instead set generally through collective bargaining agreements on a sector-by-sector basis. Established by provincial and district authorities, which vary by province, district, and sector; the lowest minimum wage is in the province of Yogyakarta at rupiah 1,704,608 (US$121) per month and the highest is in Jakarta at rupiah 4,276,349 (US$303) per month. None; there is a graduated salary system for public service officers and employees, none for private-sector workers. Paraguay's minimum wage was last changed in 1-Mar-2014. None; â¬870 ($1006) per month for shop assistants, nurses' assistants, clerks, hairdressers, and nursery assistants; it rises to â¬924 ($1069) after six months' employment. note: Annual wages divided by Hourly wages, This page was last edited on 24 December 2020, at 16:59. But again I'm sure theres more to the story on many of the minimum wage figures. For example, a new minimum wage of $20 will have a more significant effect than $10. For skilled workers in the agricultural sector, the minimum salary was 767 euros ($1040) without accommodation and food. Living Wage Series - Spain - September 2019 - In Euro, per Month The Living Wage is based on the concept that work should provide an adequate income to cover the necessary living costs of a family. None; wages normally fall within a national scale negotiated by labor, employers, and local governments. None; SRD 600 ($180) per month is the lowest wage for civil servants. Spain has a government-mandated minimum wage. The minimum wage in the United States is $7.25 per hour, the 12th highest in the world. Varies by occupation, with the lowest set to 36,607 CFA franc ($72) per month for the industrial sector; a slightly higher minimum wage rate is applied for construction workers. As of 2019, in the hotel and restaurant industry, the minimum salary in Sweden is of 21930 SEK or 2320 USD. Set for nine different economic sectors; ranges from 3,002 Mozambican meticias ($51) per month in the public sector, to 7,465 meticias ($129) per month in the financial sector. There are 55 countries with a higher Minimum Wage then Uruguay, and Uruguay is in the top 28 percent of all countries based on the yearly minimum wage rate. 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 (38.1 hours), Ireland (39 hours), Monaco (39 hours), and Germany (39.1 hours). â¬1,680.00 ($1982) per month, â¬381.60 per week, â¬76.32 per day, and â¬9.54 ($11.26) per hour for persons 21 and older (in a 40-hours work week, â¬10.05 per hour in a 38-hours workweek and â¬10.60 per hour in a 36-hours workweek) ; between 30â80% (as low as â¬2.87 per hour, Set for nine different economic sectors; ranges from 3,187.43. This, in effect, set the monthly minimum wage at 40,000 bolívars, which, at the time, was around $2 USD. The impact of a higher minimum wage will depend on how much it is increased. The monthly minimum wage in Russia as of January 1, 2020 amounted to 12,130 Russian rubles, or approximately 196 U.S. dollars. Australias minimum wage seems pretty high at $14.88 USD/hr. Minimum wages in Spain stood at EUR 1,050 per month in 2020. Many workers in Spain receive salary 14 times a year (with additional payments in July and December). The Minimum Wage is a national legally binding obligation on employers which often make no reference to a living standard. â¬1,779.82 per month, or â¬10.53 per hour; same as the French minimum wage, plus a 5% adjustment. The ten countries with the highest minimum wages (in USD) are: Luxembourg has the highest minimum wage in the world of $13.78 per hour. 150,000 CFA francs ($255) per month; government workers received an additional monthly allowance of 20,000 CFA francs ($34) per child; government workers also received transportation, housing, and family benefits; the law does not mandate housing or family benefits for private sector workers. The minimum salary in Portugal is calculated based on 14 payments in a year rather than 12. None; the mining, construction, security and agricultural sectors set basic levels of pay through collective bargaining. 2018 minimum wage (14 payments): â¬736.00 per month. Eurostat provides national minimum wages at monthly rates, meaning that, when the minimum wage is paid for more than 12 months per year, data is adjusted to take these payments into account. The average salary in Stockholm, Sweden is currently around 26.000 SEK after taxes. A special minimum wage of 40% of the regular minimum wage is set for domestic workers,and deductions are made for housing and food. But if that already seems like too little, consider the minimum wage, determined by the government. Spain's yearly minimum wage is $11,426.00 in International Currency. None; in the past the government set the minimum wage, but during the year the minimum wage was set by market forces. None; in Sweden the law provides for the right of workers to form and join independent unions to bargain wages collectively, and it prohibits antiunion discrimination. I'm not going to make any kind of conclusions from this. Food and the use of housing facilities were considered part of the salary for some workers, such as domestic and agricultural workers. In years past the minimum wage had been raised more-or-less in line with inflation, to avoid a wave of wage demands that could cause a spiral of increases in prices and wages which would ⦠Salaries, wages, and minimum wage are all adjusted in line with the evolution of Luxembourg's cost; therefore, if the consumer price index falls by a certain percentage, salaries are adjusted by the same percentage. Paraguay's minimum wage is 1,824,055 Paraguayan guaraníes per month ($330). Set by the government by location, age and skill level; the lowest agricultural minimum wage for unskilled employees was 6,415.55, AUD$1.30 per hour for local businesses and companies, while the minimum wage for overseas-funded projects is AUD$3.00 an hour. Salaries in Spain range from 830 EUR per month (minimum salary) to 11,400 EUR per month (maximum average salary, actual maximum is higher). Average Salary in Madrid, Spain. Minimum wages ranged from a low of 6,096.71. The increase will take monthly minimum pay to 641.50 euros (£551; $851). International Currency is a measure of currency based on the value of the United States dollar in 2009. This increase in the SMI reduces to some extent the gender-based wage differences within the low-income brackets. â¬607 ($716) per month, â¬3.72 ($4.39) per hour for unskilled labor. Minimum wage is the lowest salary or payment in exchange for work that employers can legally compensate their workers – the price floor below which workers may not sell their labor. â¬623 ($735) per month, or â¬3.58 ($4.22) per hour. The minimum salary in Romania has increased to this value starting January 1st 2019, following constant (and substantial) increases in the past couple of years. In those cases where workers are not paid 14 minimum wages per year, the monthly wage is 1050 euros. The SMI or minimum interprofessional salary is ⬠950 per month if paid in 14 payments, with an ⬠58,30 increase with respect to the previous year. Living Wage describes the adequate living standard. 10,000 rupees (US$70.75) per month.The minimum wages are set according to National Minimum Wage of Workers Act, No. â¬1108 ($1307) per month in 12 payments, â¬950 ($1121) per month in 14 payments. The Organization for Economic Co-Operation and Development developed a list of each country's minimum wages. бекиÑÑана", "Wells accepts Vt30,000 as new minimum wage | Vanuatu Daily Post", "They raised the minimum wage in Venezuela: now it is 4.6 dollars (April 2020)", "Central bank of venezuela official exchange rates as November 26th", "Minister of Labor announces new adjustment of the integral minimum wage to Bs. None; some government institutions and public enterprises set their own minimum wages: public sector employees, the largest group of wage earners, earned a monthly minimum wage of 420. 161,000 HUF ($587) per month for unskilled labor, 210,600 HUF ($767) per month for skilled labor. If youâre paid 12 times a year instead, the minimum monthly wage is â¬700. 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