Currently, the minimum wage for those workers 23 and older is the equivalent of roughly $409 per week. Don’t Miss: Jobs You’re Most (And Least) Likely to Live Paycheck to Paycheck. For an employee on a 40-hour workweek, that’s about $5.04 per hour. The Japanese enjoy a variety of labor perks. Presuming a 40-hour workweek, that’s a little more than 68 cents per hour. Usage is subject to our Terms and Privacy Policy. Advertiser Disclosure: Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. The changes are already gaining traction and expected to come to fruition by 2030. In some countries it was replaced with other systems that provide a minimum income. In Miyagi, it’s roughly the equivalent of $6.41 an hour. However, Israel approved a measure that will increase wages for working parents who have children 6 years old and younger. Based on a 40-hour workweek, that’s $5.74 per hour. Don’t Miss: How Your Employee Benefits Can Help You Save Over $750 Every Month. 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 currency based on the United States dollar in 2009. (Previously, Germany had a patchwork of different rates.) Recently, though, Mexico enacted sweeping reforms across a broad spectrum of issues in an effort to increase wages and eradicate poverty. Presuming a 40-hour workweek, that’s about $10.90 per hour. Please contact us if any of our data is incorrect. The country’s private sector has enjoyed significant expansion, thanks to significant reform and a steady trend toward globalization since the fall of the Soviet Union. The European economic crisis deeply impacted the country, which has yet to recover. No worker in Germany should be paid less then this minimum pay rate. State Minimum Wages | Slovenia’s economic growth has been stifled by widespread corruption, an inefficient judicial system and political instability. Less than 20 years later, it would become the place where Skype was invented. How does Netherlands' minimum wage compare to the minimum wage in other countries? Workers looking to earn more than minimum wage should consider applying to these companies. Netherlands' minimum wage was last changed in 1-Jan-2016. The following list provides information relating to the minimum wages (gross) of countries in Europe.[1][2]. Lithuania has recently made efforts to stifle corruption and reduce government spending. Presuming a 40-hour workweek, that’s about $2.44 an hour. There’s no set statutory minimum wage in the Central American nation of Costa Rica. See Guaranteed minimum income and Basic income. Germany has a government-mandated minimum wage. In total, there are 23 different minimum wages, which is down from 72 in 1992. In Belgium, that wage applies to all employees 18 and older. Germany is home to the biggest economy in Europe, and the current wage represents an increase that came from the last reassessment.