The reforms will make the biggest difference for women, who perform the bulk of part-time and temporary work. Spain's minimum wage rate is €764.40 per month in 12 payments,€655.20 per month in 14 payments,applicable to all workers. Further Press Releases. Are Minimum Wages often updated and up to date? 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. Spain to raise minimum wage by 22% in 2019: PM. Minimum-Wage.org provides a database of international minimum wage rates and labor law information for countries around the world. The employer is responsible for collecting all contributions; as a result, they deduct the amount for the Spanish income tax (IRPF) and social security contributions due under the law. Minimum Salary in Barcelona. The yearly minimum wage of 12600 euros is arrived at by multiplying monthly wage by 14. No worker in Spain should be paid less then this minimum pay rate.Employers in Spain who do not pay the Minimum Wage may be subject to punishment by the government of Spain. How much is the minimum wage in Spain? This increase in the SMI reduces to some extent the gender-based wage differences within the low-income brackets. Wage Growth in Spain averaged 1.66 percent from 1978 until 2020, reaching an all time high of 9.03 percent in April of 1988 and a record low of -7.18 percent in November of 2012. 2020, Vacancies, internships, and volunteer opportunities, Pandemic - WageIndicator Team & Flame Interns, Web Traffic National WageIndicator Websites - 2012 - 2019, Data from Salary Check and Salary Survey over the years, About the Minimum Wages Database (English), Minimum Wages in Spain with effect from 01-01-2019 to 31-12-2019, Minimum Wages in Spain with effect from 01-01-2018 to 31-12-2018, Minimum Wages in Spain with effect from 01-01-2017 to 31-12-2017, Minimum Wages in Spain with effect from 01-01-2016 to 31-12-2016, Minimum Wages in Spain with effect from 01-01-2015 to 31-12-2015, Minimum Wages in Spain with effect from 01-01-2014 to 31-12-2014. Most countries have a nation-wide minimum wage that all workers must be paid. “This is the most significant raise of minimum wages since 1977. In 2017 they are as follows: Daily minimum wage: EUR 23.59; Monthly minimum wage: EUR … The minimum wage in Poland compared to other European Union countries 2020. Check our database! … There are 14 countries with a higher Minimum Wage then Spain, and Spain is in the top 7 percent of all countries based on the yearly minimum wage rate. The increase will move Spain’s legal minimum pay further ahead of neighbour Portugal’s which is around €795 when adjusted for the cost of living. 2020 - 2021, Interns WageIndicator - FLAME University, India. These show that in 2016 only 7 per cent of employees earned wages falling between the statutory minimum wages of 2018 and 2019. More. In those cases where workers are not paid 14 minimum wages per year, the monthly wage is 1050 euros. 27 February 2020 Number of minimum wage jobs continuously down between 2015 and 2018. The national minimum wage per month in Spain increased steadily over the last years. The following list provides information relating to the minimum wages (gross) of countries in Europe.. Furthermore, many states have enacted or proposed legislation to gradually increase the minimum wage by increments over the next several years to reach a specific wage. Dataset Details. Overview Minimum Wages in China; Minimum Wages around the World (English) Minimum Wages News; Minimum Wage and Labour Law; About the Minimum Wages Database (English) This page is maintained by Wageindicator.cn and Wageindicator.org, 2020 Spain's minimum wage was last changed in 1-Jan-2016. WageIndicator uses prices from the Cost of Living Survey to calculate Living Wage in … Since June 2020, the national minimum wage in Spain remained fixed at 1,108.3 € per month, that is 13,300 euros per year, taking into account 12 payments per year. The minimum wage per day increased very subtly between 2008 and 2016, growing only a … 2019 minimum wage (14 payments): €900.00 per month; 2018 minimum wage (14 payments): €736.00 per month; 2017 minimum wage (14 payments): €707.60 per month; More than 5.5 million people in Spain earn the Spanish minimum wage. This is a list of the official minimum wage rates of the 193 United Nations member states … Minimum wages . Previous minimum wage increases in Spain were of 8 percent in 2017 and 4 percent in 2018, but Hernandez de Cos claims that employer's obligation to pay considerably more will make them fire their least productive workers. Monthly minimum wages - bi-annual data. Between 2015, when the Socialists took power, and 2019, the minimum wage increased by 14% from 505 to 600 euros, far below neighbouring Spain, where it was 1050 euros. 29 June 2020 Just under two million jobs benefit from minimum wage increase in 2019. Diese Werte, historische Daten, Prognosen, Statistiken, Diagramme und ökonomische Kalender - Spanien - Mindestlöhne. State Minimum Wages | Living Wage Family in Spain averaged 1107.50 EUR/Month from 2015 until 2018, reaching an all time high of 1150 EUR/Month in 2018 and a record low of 1060 EUR/Month in 2016. Spain's Minimum Wage is the lowest amount a worker can be legally paid for his work. However, Spain will … Spain’s minimum wage is also in the lower band at an international level. However, the states have the power to increase the federal minimum wage as 29 of them did. Living Wage Family in Spain increased to 1150 EUR/Month in 2018 from 1120 EUR/Month in 2017. Tensions are mounting amongst Spain’s coalition government team over plans to increase the minimum wage in the New Year.The Labour Ministry’s Yolanda Diaz revealed a split in the ranks as her department looks to increase minimum salaries from the current €950 a … The minimum wage rises 20% for individuals classed as skilled workers (must be 18 or older) and decreases by 20-25% for individuals classed as adolescent workers (17-18 years old). WageIndicator.org is connected to the WageIndicator Network.