Employees earning minimum wage to see biggest income jump this year
11 months, 1 week ago

Employees earning minimum wage to see biggest income jump this year

NL Times  

Employees earning minimum wage and with a working week of over 36 hours will see the most net improvement in their income this year. That is because, as of this year, the minimum wage is no longer calculated per month, week, or day but per hour. Anyone who works 40 hours a week and earns the minimum wage will get paid for four extra hours per week compared to 2023. In the construction sector, this change leads to a net increase of 205 euros per month for a 40-hour working week.

Age Minimum Wage This Year Euros  euros  pension  net  employees  biggest  wage  week  increase  month  income  earning  jump  sector  age  minimum

History of this topic

Big differences in wages between full-time and part-time minimum wage earners
1 month ago

Big differences in wages between full-time and part-time minimum wage earners

NL Times  

Changes to tax policies in 2025 will lead to significant differences in how much minimum wage workers in the Netherlands benefit from salary increases, with full-time workers seeing much larger net pay increases than their part-time counterparts, according to an analysis by HR service provider Visma Raet. Minimum wage workers with full-time schedules of 36 to 40 hours a week …

Minimum wage hike on July 1 will be higher than inflation; Minister wants to do more
11 months, 1 week ago

Minimum wage hike on July 1 will be higher than inflation; Minister wants to do more

NL Times  

The minimum wage in the Netherlands will rise by a higher amount on July 1 than previously anticipated. Separately, Social Affairs Minister Karien van Gennip said, "The Netherlands should not aspire to be a low-wage country." The higher minimum wage also affects benefits such as social assistance, AOW and UWV benefits,” the Ministry of Social Affairs and Employment wrote in …

Employees will have 3.7 percent more of their salary next year
1 year, 11 months ago

Employees will have 3.7 percent more of their salary next year

NL Times  

Employees with an average income will keep 3,7 percent more of their salary next year. Due to changes in tax regulations, they will retain 91 euros more net per month of their gross salary of 3086 euros, as calculated by payroll service provider ADP. People on minimum wage or just above will benefit even more, because the net minimum wage …

German parliament OKs higher minimum wage pledged by Scholz
2 years, 6 months ago

German parliament OKs higher minimum wage pledged by Scholz

Associated Press  

BERLIN — The German parliament on Friday approved raising the country’s minimum wage to 12 euros per hour, fulfilling a key campaign pledge that Chancellor Olaf Scholz made in the run-up to last year’s election. The government says some 6.2 million people in Germany currently work for less than 12 euros per hour. A commission overseeing such wage hikes that …

Millions of low-paid workers to benefit from Fair Work decision to boost minimum wage
4 years, 6 months ago

Millions of low-paid workers to benefit from Fair Work decision to boost minimum wage

ABC  

The minimum wage will increase by $13 a week, affecting the pay packets of more than 2.2 million Australians as the nation deals with its first recession in decades. Key points: The Fair Work Commission has decided to raise the national minimum wage More than 2 million workers will benefit from the decision The changes come into effect from July …

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