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Netherlands. €1,934.40 (US$2288) per month, and €11.16 (US$13.2) per hour for persons 21 and older; between 30–80% (as low as €3.35 per hour) of this amount for persons aged 15–20. [ 173] An additional holiday allowance of 8% of the annual wage is paid in May or June, prorated for the time worked in the year. 24,925.
Minimum wages are the result of bargaining councils in most circumstances, but some professions have no bargaining councils. South Africa enforced the National Minimum Wage Act which sets the foundation for a living wage across South Africa.
The Wages Act (1925) was an act of the Parliament of South Africa which established a Wage Board which fixed minimum wages for workers not covered by industrial councils. [1] It excluded farm labourers, domestic servants, and public servants. White workers were the main beneficiaries of this legislation because it prevented black workers from ...
Winston Churchill MP, Trade Boards Bill, Hansard House of Commons (28 April 1909) vol 4, col 388 Modern minimum wage laws trace their origin to the Ordinance of Labourers (1349), which was a decree by King Edward III that set a maximum wage for laborers in medieval England. Edward, who was a wealthy landowner, was dependent, like his lords, on serfs to work the land. In the autumn of 1348, the ...
List of countries by income equality. World map of income inequality Gini coefficients by country. Based on World Bank data ranging from 1992 to 2020. [1] This is a list of countries or dependencies by income inequality metrics, including Gini coefficients. The Gini coefficient is a number between 0 and 1, where 0 corresponds with perfect ...
Minimum wage law. Minimum wage law is the body of law which prohibits employers from hiring employees or workers for less than a given hourly, daily or monthly minimum wage. More than 90% of all countries have some kind of minimum wage legislation. [1]
South Korea * 33,114 40,804 49,599 ... Wages cover the total economy and are expressed per full-time equivalent employee. [3] ... List of countries by minimum wage;
The gross minimum monthly wage there in 2020 was $1,523 -- noticeably lower than the figure for Australia. However, it was also up 4.2% year-over-year, and people there spend just 7.3% of their ...