Other factors that are considered while determining the minimum wage includes cost of living, level of wages and incomes in the country, economic development, and inflation rate. Unauthorized or undocumented immigrants, in particular, may be paid less than the minimum wage. For employees between the ages of 18 and 20, with an employment contract based on the vocational learning pathway (BBL), alternative levels apply. A minimum wage is the lowest remuneration that employers can legally pay their workers—the price floor below which workers may not sell their labor.

Most countries had introduced minimum wage legislation by the end of the 20th century.. Supply and demand models suggest that there may be welfare and employment losses from minimum wages. 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).
The law does not have a statutory minimum hourly wage. Minimum Wage in Netherlands. Compre o livro Minimum Wage: Adkins V. Children's Hospital, Anti-Sweatshop, Basic Income Guarantee, Basic Income in the Netherlands, Guaranteed Min na Amazon.com.br: confira as ofertas para livros em inglês e importados The minimum youth wage applies to employees between 15 and 20 years old. Minimum Wages in Netherlands is expected to be 1653.60 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. However, if the labor market is in a state of … Netherlands' Minimum Wage is the lowest amount a worker can be legally paid for his work. Netherlands Gross Minimum Monthly Wage - values, historical data and charts - was last updated on June of 2020.

The monthly minimum wage paid to workers in the European part of the Netherlands who are at least age 21 is to increase Jan. 1 to 1,653.60 euros (U.S. $1,834.69), up from 1,635.60 euros (U.S. $1,814.71) in effect since July 1, the country’s Ministry of Social Affairs and Employment said in a …

Average Income in Netherlands Some evidence compatible with negative employment effects of the minimum wage comes from the Netherlands where, from 1981 to 1983, youth subminimum wages were sharply lowered. European countries by minimum hourly gross wage in 2018 The difference between the gross income and the net income ratio is given by the percentage of income taxes. If you are based in the Netherlands and hire foreign employees or have foreign employees work for you via a contractor or subcontractor, you are responsible for ensuring that they are paid at least the minimum wage.

The adult minimum wage has been set at 21 years. Most countries have a nation-wide minimum wage that all workers must be paid.


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