Most minimum wages below 50% of average earnings

Europe

According to the latest Eurostat report on statutory minimum wages across Europe, only minimum wages in Luxembourg and Ireland are above 50% of national average earnings in each country. The report provides figures for minimum wage rates in each currency, converted into euros and also compared according to purchasing power parity. It also summarises information about how minimum wage rates are set and gives the proportion of workers in each country on the minimum wage.
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Aug. 25, 2009

Only minimum wage in Luxembourg reaches 50% of average earnings

Europe

The latest review of statutory minimum wages across Europe shows that only Luxembourg has a minimum wage worth at least 50% of national average earnings (50.5%). Countries with minimum wages worth between 45% and 50% of average earnings include Slovakia, France and Malta. The figures in this average pay comparison are from 2007 and don’t include all the 20 EU Member States that have legal minimum wages. The Eurostat report does include up-to-date figures for minimum wages as at January 2009 and provides figures both in national currencies and after taking account of differences in purchasing

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Dec. 19, 2008

Only two countries with minimum wage close to 50% of average earnings

Europe

The latest review of minimum wages across Europe by the Eurostat statistics agency finds that only Malta and Luxembourg have a minimum wage that is close to 50% of average earnings. In Portugal, Spain, Ireland, Slovenia, Bulgaria, the Netherlands and Slovakia where the minimum the minimum is between 41% and 47% of average gross monthly earnings, while it is less than 40% In Latvia, Lithuania, Poland, Hungary, Romania, the Czech Republic and the United Kingdom. [Read more at > Eurostat (EN)->http://epp.eurostat.ec.europa.eu/portal/page?_pageid=1073,46587259&_dad=portal&_schema=PORTAL&p_product

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