2020 Minimum Wage By Country, Minimum Wage How High Could The Lowest Salaries Go Bbc News
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The minimum wage is 725 an hour which does equate a livable wage and would set a full time worker earning that wage below the federal poverty line of 26200 for a family of four.
Ny minimum wage 2018. The ten countries with the highest minimum wages in usd are. The organization for economic co operation and development developed a list of each countrys minimum wages. This table provides a summary comparision of international minimum wage rates with a calculated yearly minimum wage rate for each country in international dollars a measure of.
1412 a landlocked country in western europe that shares borders with the likes of germany belgium and france. Population 4 4 6 8 10. Minimum wages in indonesia increased to 428 idr millionmonth in 2020 from 394 idr millionmonth in 2019.
8590 won 75 usd or 86 ppp per hour is the nominal minimum wage in south korea although the real effective comparable minimum wage is higher at 10020 won 9 usd or 10 ppp per hour due to a mandatory weekly paid holiday for people that work more than 15 hours per week a law that is absent in other developed countries. Hover over click on a tile for details. This page provides indonesia minimum wages actual values historical data forecast chart.
This page provides values for minimum wages reported in several countries. Minimum wage by country 2020. According to the minimum salary established by law as of january 2020 workers in uruguay enjoy a basic monthly wage.
Minimum wage rates for 2020 listed by state. Top 10 countries with the highest minimum wages in the world 2020 1. Minimum wages in indonesia averaged 303 idr millionmonth from 2012 until 2020 reaching an all time high of 428 idr millionmonth in 2020 and a record low of 168 idr millionmonth in 2012.
A livable wage in the. The minimum wage across the country varies from the federally mandated minimum of 725 per hour in many states to as high 1200 and 1350 per hour in states arizona colorado california and washington. The minimum wage however is an amount set by law whereas the living wage is determined by the average costs to live or cover basic needs.
Uruguay is the country with the highest minimum monthly wage in latin america.
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