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General minimum wage by territory, as of February 2023. This is a list of the official minimum wage rates of the 193 United Nations member states and former members of the United Nations, also including the following territories and states with limited recognition (Northern Cyprus, Kosovo, etc.) and other independent countries.
Minimum wages by country (other countries). Currencies: local, USD, Eur, and Int$ PPP. Country Monthly minimum wage Hourly rate (gross) Exchange rate to EUR Effective at Net Net Gross Local currency Local USD PPP Armenia: 180: 461 249 ֏75,000 (net) ֏450 (net) 1.16: 2.77 0.0024: 1 Jan 2023
The following list provides information relating to the (gross) minimum wages (before tax & social charges) of in the European Union member states. The calculations are based on the assumption of a 40-hour working week and a 52-week year, with the exceptions of France (35 hours), Belgium (38 hours), Ireland (39 hours), and Germany (39.1 hours).
2023-Q3 707 578 1,239 Armenia ֏ 225,241 ֏ 307,655: 0.0024: ... List of European countries by minimum wage; List of countries by GDP (nominal) per capita;
Basic Minimum Rate (per hour) is $7.25 for employers with ten or more full time employees at any one location or employers with annual gross sales over $100,000 irrespective of number of full time employees. All other employers: Basic Minimum Rate (per hour): $2.00. Unless the employers are subject to the Fair Labor Standards Act, in which case ...
Federal laws. The federal minimum wage in the United States has been $7.25 per hour since July 2009, the last time Congress raised it. [45] Some types of labor are exempt: Employers may pay tipped labor a minimum of $2.13 per hour, as long as the hour wage plus tip income equals at least the minimum wage.
A minimum wage is the lowest remuneration that employers can legally pay their employees—the price floor below which employees may not sell their labor. Most countries had introduced minimum wage legislation by the end of the 20th century. [2] Because minimum wages increase the cost of labor, companies often try to avoid minimum wage laws by ...
The current minimum wage (national weighted average) increased to 961 yen (¥) (6.49 U.S. dollars ($)) for the 2023 fiscal year starting on 1 April 2023. This increase came among heightened inflation and the commitment of the Prime Minister of Japan, Fumio Kishida to higher wages. [3] It was reported in late July 2023, that the average minimum ...