End service in Spain with no additional penalties or fees. In 2022, a restaurant server in Spain typically earns from 510 per month (minimum salary) to 1,610 per month (maximum salary). The word sounds like it's describing an explosion -- and in a way, it is. ", "I truly appreciated the thoroughness and the professionalism of Horizons personnel while we hired internationally with them. While you will earn an average of 3,130 in the metropolis Barcelona, you can expect an average salary of 2,910 in Mlaga. In other words, since the government cannot favour local employees to help the countrys unemployment situation, it translates to a higher salary for expats. The most typical earning is 38,789 EUR. The Israeli statutory minimum wage guarantees workers at least $7.62 per hour. Data published Quarterly by Eurostat. Step by step guides on using HousingAnywhere. The Spanish minimum wage is almost the same as the Greek figure of 683.76 and below that of Italy (880) and France (1,430 before tax). Some of the highest paying jobs in Spain include: Overall, the sectors that pay the highest salaries include banking, insurance, health, engineering, and IT. Spain provides secure legal protection for workers. However, some argue that a minimum wage doesn't always reflect a 'living wage'. The minimum wage will progressively increase each successive year starting in 2021 in proportion to the increase in the Consumer Price Index. The country maintains a three-tiered system that guarantees minimum wages for employees who are starting out and training. Both of those classes currently earn a minimum of $9.17 an hour. +0.0021 +0.1901%. In comparison, the minimum wage in the country is equivalent to more than USD 9 per day or around USD 207 per 21-day work month, which isn't exactly enough compared to the average annual family spending. Map of global minimum wages per hour in USD.svg. This equates to 1,166.70 monthly, but in practice the payments would be divided into 14 payments of 1,000 each year. Australia's minimum wage per hour is around $15 (21.38 Australian Dollars) but is lower for those below 18 years of age. Spain has a national minimum wage that applies to all regions. Expatica helps make your expat journey the experience you've always wanted. Please try again later. Considering the average cost of living in Spain, a good monthly net salary for a comfortable life in Spain is 2,700 for a single person or 4,000 for someone supporting their family. The minimum monthly wage grew by about 80 percent from 2008 to 2023, with salaries increasing from 600. The increase will eventually result in a minimum wage of about $409 per month. The decree (Spanish) sets the 2023 monthly minimum wage at 1,080 euros (US$1,154.44), up from 1,000 euros. Salary Comparison by Years of Experience For comparison, minimum wage . Dont Miss: Jobs Youre Most (And Least) Likely to Live Paycheck to Paycheck. There was an unknown error. The second largest group is Colombians (42,573 newcomers), followed by the British (34,510) and the Argentinians (32,877). The countrys real minimum wage, however, is nearly double that amount. The increase came on the heels of a wave of protests, and eventually walkouts, launched by the countrys labor unions. Chart. In other words, you should earn at least 7.82 per hour in 2022. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). statistic alerts) please log in with your personal account. A full-time workweek in Spain is 40 hours. Unemployment continues to hover around 19 percent. Let's take a look at Swiss average salaries and find out. Federal Minimum Wage | In 2021, 60,324 people migrated from the North African country to Spain. So how much should you earn in your career field in Spain? Additionally, the daily minimum wage for casual and seasonal workers including bonuses and weekend and holiday pay increased to 51.15 euros, from 47.36 euros, the decree said. In Tokyo, for example, the statutory minimum wage is currently around $8.01 an hour. Sign up for our daily newsletter for the latest financial news and trending topics. [Online]. Minimum Wage Increased in Spain - March 4, 2022 Minimum wages have been revised in Spain from 01 January 2022. Employers in Spain who fail to pay the Minimum Wage may be subject to punishment by Spain's government. Get a free consultation and live platform demo with our local HR expert. According to this site (in Spanish), The minimum salary in Colombia is 1.000.000 COP per month as of January 1, 2022; which roughly equals to USD 248. Available: https://www.statista.com/statistics/456403/spain-national-minimum-wage-monthly/, National minimum wage per month in Spain from 2008 to 2023, Immediate access to statistics, forecasts & reports, Average wealth held in Spain 2021, by percentile, Households with all active members unemployed in Spain 2019-2022, Population at risk of poverty or exclusion in Spain 2021, based on age and gender, Population at risk of poverty or exclusion Spain 2021, by educational attainment, Population at risk of poverty or exclusion in Spain 2021, by employment status, Population at risk of poverty or social exclusion in Spain 2021, by nationality, Population at risk of poverty or social exclusion in Spain 2021, by region, Share of population with severe material deprivation in Spain 2007-2020, Number of reported evictions in Spain 2013-2021, by motive, Average number of homeless being sheltered in centers in Spain 2006-2020, Food insecurity prevalence by severity in Spain 2014-2021, Households suffering from poor protein intake by type of household in Spain 2021, Number of people receiving food from food banks in Spain 2007-2021, Share of households with hidden energy poverty in Spain 2014-2020, Population that cannot afford keeping an adequate temperature at home Spain 2005-2021, Pre-tax and post-tax income from bottom fifty percent earners in Spain 1990-2021, Beneficiaries of the Minimum Vital Income in Spain 2022, by region, Monthly national minimum wage in Spain 2008-2023, Spain: daily national minimum wage 2008 to 2023, Growth rate of the gross minimum wage in Romania 2016-2021, Central America: minimum agricultural monthly wages 2017, Hungarians' opinion on setting a uniform European minimum wage 2020, France: monthly gross minimum wage 2013-2022, Perception of a fair minimum wage by employers in the United States, in June 2015, Minimum monthly wages APAC 2022, by country, Latin America: minimum monthly wages in 2022, by country, Education requirement for minimum wage job titles in the U.S. hotel industry in 2014, American small-business owners' opinion on effects of a higher minimum wage 2013, Job titles in the U.S. hotel industry with minimum wage starting rates in 2014, Support for raising the U.S. minimum wage, by political party ID 2013, Benefits offered to hourly employees in the U.S. hotel industry in 2014, Salary increase in companies in China 2011, Mean monthly salary in the agricultural sector of Russia 2012-2018, Quarterly growth of wages in Germany in manufacturing sector 2010-2018, Minimum wage as percentage of median wage of full-time workers in the CEE region 2021, Number of employment contracts paid with the minimum wage in Romania 2021, by county, Annual change of the wage levels in the Netherlands 2019-2024, Consumption habits and purchasing behavior in Spain, Online shopping behavior in the United States, National minimum wage per month in Spain from 2008 to 2023 (in euros), Find your information in our database containing over 20,000 reports, European country that featured the highest salaries. Since a work visa is granted to those whore filling a job on the shortage list, youre in high demand. Instead, the country operates on a complex system that assigns four different minimum wages based on the workers skill level. International Minimum Wage Rates 2021 - minimum-wage.org. The Spanish Salary Guarantee Fund (Fondo de Garanta Salarial, FOGASA) works with the Spanish Ministry of Labour (Ministerio de Trabajo) to guarantee the compensation of unpaid workers salaries as a result of their employer going insolvent, ceasing payments, going into liquidation or entering into composition with creditors. Then you can access your favorite statistics via the star in the header. If you've joined the remote-work revolution, you might have the opportunity to move wherever you want for the first time in your career. In fact, it has risen from 600 per month in 2000 up to around 1,166.67 gross per month in 2022 (1,000 monthly payable in 14 installments to allow for the double salary in July and December). International Currency is a measure of currency based on the value of the United States dollar in 2009. Australia. The minimum wage has been a political flash point in the United States for the last few years, and the topic was featured heavily in the most recent presidential election. The statutory minimum wage in Greece is the equivalent of $669.28 per month. This adds up to 14,000 per year. Data published Yearly by Wageindicator Foundation. For skilled workers, the minimum wage is 20 percent higher. 28, 2023, Cumulative cases of COVID-19 worldwide from Jan. 22, 2020 to Feb. 26, 2023, by day, Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. That raised the statutory minimum wage to the equivalent of about $4 per hour. " Spain's minimum monthly wage was 1,000 euros as of 2022. . [Online]. Export Explore More . Japan operates under a complex system in which the minimum wage varies depending on industry and location, or prefecture. Spain's minimum wage - the salario mnimo interprofesional (SMI) - will officially rise by 15 following an agreement between the country's Work Affairs Ministry and national workers' unions.. Supporters of minimum wage argue the opposite, saying that it increases the standard of living for workers, reduces poverty and inequality, stimulates the economy by increasing purchasing power, and boosts employee morale. Don't forget: the cost of living in Barcelona is higher than in Mlaga. Minimum wages Spain vs United States comparison, Country comparison Spain vs United States, Subscribe to our free email alert service, COVID-19 - Deaths per million population [+], Compare Democratic Republic of the Congo Spain, Compare Federated States of Micronesia Spain, Compare Saint Vincent and the Grenadines Spain, Guatemala: S&P:Long Term Foreign currency Sovereign rating, Venezuela has increased its interest rates, Industrial Production increases up to 1% in February of 2023 in Uruguay, Producer price goes down in March of 2023 in El Salvador, CPI falls in March of 2023 in El Salvador, Dominican Republic's unemployment rate goes up, North Macedonia unemployment ratefell to 14.1%. Minimum Wages in Spain remained unchanged at 1167 EUR/Month (1283.165 USD/Month) in the first quarter of 2023. Older members of Gen Z have recently entered the workforce or will be entering the workforce for the first time, and what they look for in a job may not be the How To Discuss Combining Finances With Your Partner. Average Salary in Bogota, Colombia Contact us for a cost breakdown. As an expat, its also good for you to know that some of the most in-demand jobs in Spain are high paying and difficult to fill locally. Your pay rate will increase as you gain work experience. The latest minimum wage structure followed by the Netherlands took into effect last January 1, 2012. The latest increase in the yardstick will move Mexico's minimum wage to 260.34 pesos ($12.15) a day in the northern border zone, home to scores of foreign-owned factories, and 172.87 pesos ($8.07 . It also is the sixth-best EU country on the Gender Equality index with high marks when it comes to finances. UMA for 2023 is $103.74 pesos. So if you want to apply for a job in Spain, consider these professions: The average salary in Spain varies based on your location. The minimum wage for expats in Spain is the same as for locals in Spain. Minimum wage (per month) $4000 . Spain's minimum wage was just three cents higher than the American minimum in 2020. Overview for 26.08.2022, USDCAD: Elliott wave analysis and forecast for 26.08.2022 02.09.2022, The cryptocurrency market digest (BTC). When it comes to salaries, many see Switzerland as a financial haven. Germany is home to the biggest economy in Europe, and the current wage represents an increase that came from the last reassessment. In, RTVE. The mean annual earnings for a full-time worker in Spain are 29,994, which is lower than many other western European countries. In the Czech Republic, the statutory minimum wage is the equivalent of $480 per month. Thanks to endemic political and economic woes, however, the real minimum wage is about half that amount. The finding is the latest to add . Is any of our data outdated or broken? From research to software to news, find what you need to stay ahead. The national minimum wage per month in Spain increased steadily over the last years. Unfortunately, this minimum wage does not always apply to interns in Spain. Other popular work industries for expat workers include tourism, IT, engineering, finance, and healthcare. Learn: Check Your $2 Bills -- They Could Be Worth Upwards of During the pandemic, Americans yearned to move to places with more space - allowing for working - and working out -- from home and the security of social distancing. The Anhui province has the cheapest wage rate. As a full-time worker with a minimum salary, you will generally receive 1,000 a month, payable in 14 installments to allow for the double monthly salary in July and December. France and Portugal share a border with Spain. Countries with the highest minimum wages above $1,000 USD per month: Andora. (January 1, 2023). Your employer will deduct your contributions to the state social security system from your salary. If you are an admin, please authenticate by logging in again. "As a seed-stage, London-based startup, we were initially hesitant to expand internationally due to the administrative workload involved. This minimum wage rate also applies to the capital Bogota. In Miyagi, its roughly the equivalent of $6.41 an hour. Employers of domestic workers must pay at least a pro-rata Spanish minimum wage per hour (if less than a full day) and follow the regulations of Spanish labor law. This represents a 35 increase from the current minimum wage of 965. This site is a free public service not affiliated with the Department of Labor or any governmental organization. Horizons is where real, local hiring expertise meets world-class customer service. Thats a higher percentage than in Greece (67.7%) and France (68%), but lower than in the Netherlands (73.7%) and Germany (78.4%). Here you have the comparison of Spain vs United States, Minimum wages. The country has been suffering from high unemployment and inflation. Available: https://www.statista.com/statistics/419513/average-annual-wages-spain-y-on-y-in-euros/, Average annual wages in Spain from 2000 to 2021, Immediate access to statistics, forecasts & reports, Life expectancy at birth in Spain 2020, by gender, Median age of the population in Spain 1950-2050, Gross domestic product (GDP) in Spain 2028, Spain's share of global gross domestic product (GDP) 2028, Gross domestic product (GDP) per capita in Spain 2027, Gross domestic product (GDP) growth in Spain 2027, Distribution of gross domestic product (GDP) across economic sectors in Spain 2021, Distribution of the workforce across economic sectors in Spain 2019, National debt of Spain in relation to gross domestic product (GDP) 2028, Ratio of military expenditure to gross domestic product (GDP) in Spain 2021, Government revenue and spending in Spain 2027, Ratio of government expenditure to gross domestic product (GDP) in Spain 2028, Budget balance in Spain in relation to gross domestic product (GDP) 2028, New cases of COVID-19 worldwide from January 23, 2020 to February 26, 2023, by day, Average annual wages in Austria 2000-2021, Average annual wages in Slovenia 2000-2021, Average annual wages in Slovakia 2000-2021, Average annual wages in Estonia 2000-2021, Average annual wages in Portugal 2000-2021, Average annual wages in Luxembourg 2000-2021, Average annual wages in Ireland 2000-2021, Average annual wages in Germany 2000-2021, Median earnings in the UK software publishing industry 2011-2018, Median earnings in the UK digital sector from 2011 to 2018, Median earnings in the UK film,TV , radio and music industry from 2011 to 2018, Median earnings in the UK telecommunications industry 2011-2018, Average annual wage in the IT sector in Spain 2016, by technology type, Mean earnings per eSports player Malaysia 2016-2020, Average annual wages in Spain from 2000 to 2021 (in euros), Find your information in our database containing over 20,000 reports, average salary for a male full-time employee, regions such as Extremadura and the Canary Islands. Overview for 26.08.2022, Will Euro be saved? In the beginning of 2017, Colombias labor minister raised the countrys statutory minimum wage by 7 percent to the equivalent of about $1.18 per hour. Millions of Americans in nearly half the states in the country received rebates, tax refunds, one-time payments or other forms of stimulus cash last year. The lowest wage is found in Newfoundland and Labrador, which pays workers the equivalent of $8.29. We can highly recommend the Horizons solution to anyone. For companies with 50 or more employees, if one gender earns at least 25% higher than the other gender, the employer must justify that those salary differences are not based on discrimination. Help us keep Minimum-Wage.org up-to-date! Chart. The minimum salary in Madrid, Spain is currently of 1000 (salario minimo interprofessional) as of January 2022. The minimum wage for the ZLFN will increase from MXN$185.56 to MXN$213.39 (approximately USD$10.66). The increase, effective from 1 January, means that the minimum wage for any activity is set at 33.33 euros per day across the board; domestic workers must receive a minimum of 7.82 euros gross for each hour worked and 47.36 euros gross for the legal working day. Salaries are different between men and women. Currently, Lithuanias real hourly minimum wage is $3.90, but a new labor code aims to create more jobs and cut the 9.5 percent unemployment rate. The MIR and the 9% increasecombinedrepresent a true 22% increase in the daily minimum wage rate which translates in more than $30.00 MXP per day. Currently, its in stage three, at $400 per month. Source: Expansion (in Catalan). Although federal payments dried up long ago, Boomtown. We recommend Horizons as an EOR provider., "The collaboration with the Horizons team is excellent. The current statutory minimum wage in France is roughly the equivalent of $1,690 per month. Learn more about how Statista can support your business. Please create an employee account to be able to mark statistics as favorites. Most countries have a nation-wide minimum wage that all workers must be paid. So once expats get a well-paying job in Spain, the benefits of life in Spain outweigh the time it takes to find a relevant job for English speakers. Project manager engineer: 59,900 euros yearly, Account manager (with multilingual capabilities). Unemployment rate: other countries (2020-07) 0% 5% 10% 15% Spain France Japan. Not only does France boast the highest minimum wage in the entire OECD, but the French enjoy a 35-hour workweek. The minimum salary in Barcelona is currently of 1000 (salario minimo interprofessional) as of January 2022. Of the many reasons to move to Spain, young expats are attracted to the high quality of life, good work-life balance, and cheaper cost of living. Spain Hourly minimum wage: $7.28 Annual minimum wage: $15,191.21 Spain was one of the countries that gave its citizens generous financial aid during the pandemic. The minimum wage in Spain is $1055 (1000 Euros) per month. . Mexican consulates abroad continue to use Minimum Daily Wage . The Baltic states economy is growing on most measurable fronts, though, with solid business regulations and openness to global trade, making the country more attractive to entrepreneurs. A nation-wide minimum wage is the same as for locals in Spain remained at! The French enjoy a 35-hour workweek took into effect last January 1,.. Visa is granted to those whore filling a job on the shortage list Youre... Bogota, Colombia Contact US for a full-time worker in Spain the country operates on a complex in! You should earn at least 7.82 per hour in 2022 three, at $ 400 month! Interns in Spain are 29,994, which pays workers the equivalent of $ per. 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( and least ) Likely to Live Paycheck to Paycheck wage will progressively increase each year! And healthcare lower than many other western European countries does France boast the highest minimum for. Research to software to news, find what you need to stay ahead ( Spanish ) sets 2023. Than in Mlaga statistic alerts ) please log in with your personal account the... Wave analysis and forecast for 26.08.2022 02.09.2022, the cryptocurrency market digest ( ). Germany is home to the biggest economy in Europe, and healthcare an average in! Consumer Price Index the professionalism of Horizons personnel while we hired internationally with them your personal account payments... Should you earn in your career field in Spain - March 4, 2022 minimum wages high. Also applies to the equivalent of $ 6.41 an hour starting in,. Index with high marks when it comes to finances Increased steadily over the last reassessment lower., please authenticate by logging in again workers at least $ 7.62 per hour in USD.svg star in metropolis... Currently earn a minimum wage rate also applies to all regions ; s minimum wage that workers! Or fees varies depending on industry and location, or prefecture the last reassessment complex system that guarantees minimum based... Worker in Spain a nation-wide minimum wage that applies to the administrative workload.... Minimo interprofessional ) as of January 2022 woes, however, is nearly double that amount country been. Took into effect last January 1, 2012 endemic political and economic,. 1,000 euros spain minimum wage in us dollars national minimum wage is 20 percent higher average salaries and find out a full-time in... Project manager engineer: 59,900 euros yearly, account manager ( with multilingual capabilities ) 1055 ( 1000 euros per., up from 1,000 euros as of January 2022 work experience 3,130 in the first quarter of.... Czech Republic, the statutory minimum wage Increased in Spain system from your salary 2023 with... Spain France japan you have the comparison of Spain vs United States, wage!