Your career choice is the determining factor for your true average salary. Dont Miss: How Your Employee Benefits Can Help You Save Over $750 Every Month. RTVE. We recommend Horizons as an EOR provider., "The collaboration with the Horizons team is excellent. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Recently, though, Mexico enacted sweeping reforms across a broad spectrum of issues in an effort to increase wages and eradicate poverty. Every worker in Spain is entitled to receive the minimum wage, including minors (at least 16 years old). According to Glassdoor,you can expect to earn around 15 per hour for this work. Horizons is unaffected by recent banking events. The minimum salary in Madrid, Spain is currently of 1000 (salario minimo interprofessional) as of January 2022. Minimum Daily Wage for 2023 is $207.44 pesos. Horizons-owned entity with local country experts in Madrid & Barcelona. Casual, seasonal, and domestic workers have separate minimum wages. For an employee on a 40-hour workweek, thats about $5.04 per hour. There are also different minimum wages for hunting and fishing guides and wilderness guides. ($7.07 USD) per hour. Well, compared to other EU countries Italy generally falls short. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). Spain's minimum wage rate is 764.40 per month in 12 payments,655.20 per month in 14 payments,applicable to all workers. 14,000/year. With more than 5 years of experience, you can expect a raise of 36% and with 10+ years of experience, a 21% raise. 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. As such, contracts, working hours, paid leave, and wages are just a few of the highly regulated areas of Spanish employment. Data prior to 2022 was extracted from this source. The increase will eventually result in a minimum wage of about $409 per month. However, expenses can vary depending on where you live. Spain has a lower cost of living than many other western European countries. ", OECD, Average annual wages in Spain from 2000 to 2021 (in euros) Statista, https://www.statista.com/statistics/419513/average-annual-wages-spain-y-on-y-in-euros/ (last visited April 18, 2023), Average annual wages in Spain from 2000 to 2021 (in euros) [Graph], OECD, June 8, 2022. State Minimum Wages | 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%. . statistic alerts) please log in with your personal account. Please reach out to content@housinganywhere.com if you have any suggestions or inquiries about the content on this page. This is not the minimum wage as per the law, only the lowest reported number in the salary survey that had thousands of participants and professionals from . Jamie Rathjen. Federal Minimum Wage | However, some business groups argue that it was too much. You can use a salary calculator to verify this. Starting from $468 USD / Year. Country comparison, you can compare any two countries and see the data side by side. The wage hike benefited 3.36 million workers. Read about our commitment to our clients here. Average Wage [+] 2022: $29,863: $64,889: 2022: Average Wage [+] Average Wage [+] . Unemployment Rate. $1,769.80 per month. Horizons has been very effective in providing our company support in all the administrative procedures, sometimes complex, required by the Singaporean administration. Get a free consultation and live platform demo with our local HR expert. Spain's minimum wage was last changed in 1-Jan-2016. If you are an admin, please authenticate by logging in again. The current statutory minimum wage in France is roughly the equivalent of $1,690 per month. This page provides values for Minimum Wages reported in several countries. 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. In 2021, 60,324 people migrated from the North African country to Spain. GBP/USD. By paying into the system, you will be able to access public healthcare, 16 weeks of maternity and paternity leave, paid sick leave, state pension, and unemployment. More than 5.5 million people in Spain earn the minimum wage, and the countrys unions want a raise. Theres also a different classification for domestic workers, who can legally be paid less than everyone else. When hiring international employees on a dispersed team, it is usually a wiser investment to hire employees with track records of success and several years of experience who you know can work independently and be successful. If you are an admin, please authenticate by logging in again. If youre a full-time employee working 40 hours a month, thats 1,166.7 per month paid over 12 months or 1,000 per month paid over 14 payments (2 extra payments are made in July and December). Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. That rate is currently the equivalent of $9.73 per hour. Advertiser Disclosure: Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. The Spanish government has agreed to hike the minimum wage for the second time in less than two years, bowing to demands from its junior partner and unions despite . Presuming a 40-hour workweek, thats about $10.90 per hour. Take these figures as a reference for your monthly income: Even though it's 2022 Spain is still behind in getting gender pay equality. Source: Expansion (in Catalan). Help us keep Minimum-Wage.org up-to-date! The federal minimum wage for tipped workers is $2.13 per hour, but again, many states have enacted their own legislation to raise that minimum. Needless to say, the average salary only gives you only a benchmark of what you can expect. Currently, you are using a shared account. Still, the French government faced widespread criticism in 2016 for raising the minimum wage by only 9 cents. Privacy Imprint & Terms Third-Party ProcessorsEditorialSite Map Copyright 2023 Horizons. Slovakians follow a 40-hour workweek, and the countrys statutory minimum wage is 405 euros, or $462, per month. Spain . 2023 GOBankingRates. (June 8, 2022). Japan operates under a complex system in which the minimum wage varies depending on industry and location, or prefecture. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). Usage is subject to our Terms and Privacy Policy. At the beginning of 2016, the lowest earners in Brazil got a sizable 11.6 percent pay hike. Workers looking to earn more than minimum wage should consider applying to these companies. In June 2016, the Chilean government began rolling out a staggered increase in the statutory minimum wage, which will continue in four stages through 2018. Employers in Spain who fail to pay the Minimum Wage may be subject to punishment by Spain's government. Luxembourg, Australia, New Zealand, the UK and Germany pay some of the highest national hourly minimum wage rates. Spain has a government-mandated minimum wage, and no worker in Spain can be paid less then this mandatory minimum rate of pay. The new rate has been in effect from January 1, 2021. While you will earn an average of 3,130 in the metropolis Barcelona, you can expect an average salary of 2,910 in Mlaga. Portugals statutory minimum wage is around $636 per month. Here's where they've . International Currency is a measure of currency based on the value of the United States dollar in 2009. Presuming a 40-hour workweek, thats about $3.35 an hour. The Spanish government adjusts the minimum wage each year based on a variety of factors, including national productivity and employment levels. But is it really so? The lowest-paid workers in Hungary earn roughly $472 per month, thanks to the countrys statutory minimum wage. 2,200 to 2,881 per month for a family with children. Book the place of your dreams from verified landlords even before relocating! International Release, 1 Seat". The second largest group is Colombians (42,573 newcomers), followed by the British (34,510) and the Argentinians (32,877). Proof that you earn a monthly income equivalent to four times Portugal's monthly wage, which comes out to roughly $3,200 USD. Those who have worked for one year past their 18th birthdays get 80 percent, and those under the age of 18 earn 70 percent of the minimum wage. . Are you interested in testing our business solutions? Home Countries We Cover Spain HR Services & Solutions Hiring Employees in Spain. The current minimum salary in Madrid is on pair with the local cost of living. Mexican consulates abroad continue to use Minimum Daily Wage . The Netherlands minimum wage system works on a sliding scale that grants workers more money each year between ages 15 and 22 before capping off with a category for employees 23 and older. Average wages for low skilled employees in Spain increased to 932 EUR/Month (1051.254 USD/Month). All Right Reserved. All data are based on 1,243 salary surveys. 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 . Spain's minimum wage rate is 764.40 per month in 12 payments,655.20 per month in 14 payments,applicable to all workers. The statutory minimum wage in Greece is the equivalent of $669.28 per month. 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