In the News

Minimum wages in the EU


Written by Verena Kern

Several EU Member States have recently implemented adaptions to their wage policies. The most debated change was the introduction of a national minimum wage of 8.50 € per hour in Germany from 1 January 2015.

Minimum wages in the EUMinimum wages are common globally with different systems in place. About 100 countries worldwide, including 22 EU countries have statutory national minimum wages. In the EU, national minimum wages are highest in Luxembourg (11.10 € per hour) and lowest in Bulgaria (1,04 € per hour). Contrary to those are countries where minimum wages are set in sector-specific collective agreements. This is usually the case in countries with a high density of trade unions such as Austria, Italy or Sweden.

Minimum wages are meant to support household incomes and protect those with low wages from drifting into poverty. Moreover, they are seen as a means to reduce income inequality. Striking a balance…

View original post 1,093 more words

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)

The Most Popular Job Search Tools

Even More Objectives Statements to customize

Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office

Follow Job Market Monitor on

Enter your email address to follow this blog and receive notifications of new posts by email.

Follow Job Market Monitor via Twitter



%d bloggers like this: