netherlands minimum wage

Netherlands' Minimum Wage is the lowest amount a worker can be legally paid for his work. Minimum Wages in Netherlands increased to 1680 EUR/Month in the fourth quarter of 2020 from 1653.60 EUR/Month in the second quarter of 2020. Is any of our data outdated or broken? As such, a monthly minimum wage is set and daily rates are used as an indication only. Download historical data for 20 million indicators using your browser. It is advisable to consult a union, legal adviser, legal aid center, or social counsellor first. Usage is subject to our Terms and Privacy Policy. Direct access to our calendar releases and historical data. International Currency is a measure of currency based on the value of the United States dollar in 2009. This applies to a 40-hour work week; minimum wage is higher for a shorter work week. Netherlands is a country located in the Western Europe region with a population of 15,864,000 and an average life span of 78.3 years. Most countries have a nation-wide minimum wage that all workers must be paid. A 2018 salary survey by recruitment consultants Robert Walters found that 3% of professionals in the Netherlands received a pay rise of at least 5% in 2017, while 45% expected a further rise of at least 3% in 2018. View Sitemap. A foreign worker can only be issued a Dutch work permit if their employer pays them at least the full Dutch minimum wage. Pay Inc. estimated the median salary in Amsterdam in 2018 was just under €40,000. This site uses functional cookies and external scripts to improve your experience. Federal Minimum Wage | Wages in Amsterdam ranked 22nd in the world according to the UBS Prices and Earnings Report (2018). This is the case even if the employee is younger than 22 years old and only working part-time. Minimum wage in the Netherlands is controlled by Dutch labor law and is reviewed twice a year: on 1 January and 1 July. Help us keep Minimum-Wage.org up-to-date! The Netherlands' minimum wage rate is €1,524.60 per month,€351.85 per week and €70.37 per day and €8.80 per hour for persons 23 and older,and between 30-85% of this amount for persons aged 15–22. Arrears of your outstanding wages must also be paid to you within four weeks; otherwise, the Inspectorate SZW can impose a fine of €500 per day, rising up to €40,000, on your employer. Graduates of art history, cultural studies, cultural anthropology, environmental sciences, and international law were the least likely to find work with a good wage. You have to mention the minimum wage that is applicable to your employee on their payslip. This site uses functional cookies and external scripts to improve your experience. Netherlands' Minimum Wage is the lowest amount a worker can be legally paid for his work. Your choices will not impact your visit. There is, however, a salary cap on public sector workers that restricts a wage higher than €181,000 per year. The minimum wage should be paid to the following types of personnel: It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. You should confirm this, though. Netherlands' minimum wage was last changed in 1-Jan-2016. Let us know in a single click, and we'll fix it as soon as possible. Contact. You can of course change your mind and withdraw your consent at any time, by returning to this site after clearing the cookies on your computer or device. The Dutch university and college guide Keuze Studiegids analysed which degrees typically achieved the highest wages in the Netherlands. Your payslip should include information such as your basic pay rate and other commissions, as well as the Dutch minimum wage and holiday allowance for your age so you can compare the two figures. Your employer must also pay the new Dutch minimum wage as of each birthday. For example, the report found that some 15% of art and culture graduates made less than €900 a month; meanwhile, many international law graduates started at NGOs where wages were structurally low. Content © 2020 Minimum-Wage.org, all rights reserved. Read the government’s guide on the minimum wage in the Netherlands. Minimum Wages in Netherlands averaged 1381.77 EUR/Month from 1999 until 2020, reaching an all time high of 1680 EUR/Month in the fourth quarter of 2020 and a record low of 1064.20 EUR/Month in the second quarter of 1999. By law, everyone working in the Netherlands between the ages of 15 and state pension age receives at least the minimum wage in the Netherlands for their age bracket, and a holiday allowance. Every 6 months the minimum wage is adjusted. For new graduates, however, the report found they typically find it easiest to get a job with a high salary. Flexi-workers, such as home-based workers and on-call employees, are also entitled to the Dutch minimum wage; contract workers are also. Which cookies and scripts are used and how they impact your visit is specified on the left. If you are being underpaid, you should first speak to your employer. Expatica helps make your expat journey the experience you've always wanted. Dutch Manufacturing Output Falls the Least in 5 Months, Dutch Inflation Rate Rises to 1.1% in September, Dutch Factory Growth Accelerates Slightly, Dutch Business Sentiment Improves Further, Dutch Current Account Surplus Shrinks in Q2, Dutch Economy Shrinks at Record Pace in Q2, Dutch Consumer Sentiment Little-Changed in September, South Korean Shares Fall for Fourth Session, EU New Passenger Car Registrations Rise for 1st Time in 2020, Australian Shares Retreat from 7-month Highs, New Zealand Shares Ease From All-Time Highs, Singapore Exports Rise Less than Expected, South Korea Unemployment Rate Jumps to 3.9%. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Only Luxembourg (€2,071) and Ireland (€1,656) offer higher minimum wages. The Trading Economics Application Programming Interface (API) provides direct access to our data. Wages in the Netherlands increased on 1 January 2019, with workers aged 22 or over entitled to a minimum of €1,615.80 per month. Netherlands' yearly minimum wage is $19,335.00 in International Currency. Publish your articles and forecasts in our website. If unsuccessful, you can then take your case to the Inspectorate SZW or a limited jurisdiction judge (anonymously if you wish). If you receive less than the minimum wage in the Netherlands or holiday allowance, you have the right to take action up to five years after you were underpaid.

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