Minimum Wage By Country 2020, A Look At Minimum Wages Around The World Business Insider
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Minimum wage rates for 2020 listed by state.
Federal minimum wage policy. As of 1 july 2020 there was no national minimum wage in denmark italy cyprus austria finland and sweden. The organization for economic co operation and development developed a list of each countrys minimum wages. 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. This was also the case in the efta countries of iceland norway and switzerland. In cyprus minimum wages are set by the government for specific occupations.
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. Luxembourg 1378 australia 1214 france 1166 new zealand. The ten countries with the highest minimum wages in usd are.
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. Countries not covered by minimum wage statistics. Top 10 countries with the highest minimum wages in the world 2020 1.
Denmark italy cyprus austria finland and sweden remain without the minimum wage. Population 4 4 6 8 10. 1412 a landlocked country in western europe that shares borders with the likes of germany belgium and france.
The minimum wage in poland compared to other european union countries 2020. In 2020 out of the 27 eu member states not all of them have a minimum wage.
Minimum Wage State Map And Increases January 2020 Business Insider Federal Minimum Wage Policy
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