FedEE Review of minimum wage rates
Many countries in Europe operate statutory or collectively determined minimum wage rates. In all but a handful of countries, these rates provide a standard of living that is close to (or even below) subsistence levels. Denmark, Finland, Italy and Sweden do not operate national minimum rates, but nevertheless have minimum rates set through sectoral collective agreements that jointly cover a high proportion of the working population. Austria set a minimum rate in 2009 – but has effectively let it lapse. Germany operates statutory minimum rates in a number of sectors.
The International Labour Organisation establishes minimum rates for able seamen. From January 1st 2013 the minimum monthly wage for seafarers is 568 US dollars. This rises to 585 US dollars on December 31st 2013. Consolidated monthly wages, including overtime and annual paid leave, are 998 US dollars and will rise at the end of 2013 to 1,028 US dollars respectively.
Monthly gross statutory minimum wage rates:
Full-time adult employees, aged 23+ 
|Country||Minimum wage rate||Currency code||Date effective|
|Austria ||1,000.00 euros||EUR||01.01.2009|
|Belarus||1,395,000 Belarusian roubles||BYR||01.01.2013|
|Croatia ||2814.00 kunas||HRK||01.06.2009|
|Cyprus ||924.00 euros||EUR||01.04.2012|
|Czech Republic ||8,500 koruny||CZK||01.08.2013|
|France ||1,425.67 euros||EUR||01.07.2012|
|Greece  ||585.78 euros||EUR||01.03.2012|
|Hungary ||98,000 forints||HUF||01.01.2013|
|Iceland ||204,000 kronur||ISK||01.02.2013|
|Isle of Man||1,074.67 IOM pounds||IMP||01.10.2011|
|Jersey (Channel Islands)||1131.87 Jersey pounds||JEP||01.04.2013|
|Latvia ||200 lats||LVL||01.01.2011|
|Luxembourg ||1,874.19 euros||EUR||01.01.2013|
|Malta ||702.32 euros||EUR||01.01.2013|
|Portugal ||485 euros||EUR||01.01.2011|
|Romania ||800.00 Ron||RON||01.07.2013|
|Russian Federation||5,205 roubles||RUB||01.01.2013|
|Serbia||20,010.00 new dinars||RSD||01.04.2012|
|Slovenia ||783.66 net euros||EUR||01.01.2013|
|Spain  ||645.30 euros||EUR||01.01.2013|
|Turkey ||978.75 Turkish lira||TRY||01.01.2013|
|United Kingdom||1093.73 pounds sterling||IMP||01.10.2013|
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 Where official rates are expressed by the hour or week, they have been converted to monthly rates on the basis of a 40-hour week and 52-week year. Minimum wage figures are gross (pre-tax) rates and exclude any 13th or 14th month payments that may be due under national legislation, collective agreements, custom or practice.
 Austria: applies to certain industry sectors. Applicable to all sectors from 01.01.2009. Employees are entitled to 14 monthly payments each year.
 Luxembourg: unskilled workers only.
 Romania: based on 170 hours per month.Rate effective 01.07.2013
 Greece, Portugal, Spain: white-collar workers only. Workers normally entitled to 14 monthly payments per year.
 France: based on statutory 35-hour week.
 Cyprus: applicable to certain groups in non-unionised sectors after 6 months’ employment.
 Croatia: Minimum Wage Act . Art 4 para 3/4.
 Greece: Different rates apply to blue and white collar workers and vary by length of service and marital status. Private sector workers only. The minimum wage was cut by 22% from 751 euros pcm due to austerity laws. The minimum wage for those under 25 has been cut by 32%.
 Hungary: the minimum wage is 20% higher than the basic national minimum for those with secondary or vocational education but with under two years’ experience, but 25% higher for those with at least two years’ experience or older than 50 years of age. Employees with university-level education are entitled to a minimum wage that is 60% higher than the basic national minimum.
 Malta: Higher wage rates are set by order in the following sectors: agriculture, beverages, domestic work, clay and glass work products, food manufacturing, hire cars and private buses, hospitals and buses, jewellery and watches, leather goods and shoes, papers, plastic, chemicals and petroleum, private security services, professional offices, public transport, sextons and custodians, textiles, tobacco manufacture, transport equipment, metal, woodworks and private cleaning services.
 Czech Republic: Rates may not include travel allowances, on-call payments and severance compensation.
 Iceland: The minimum pay level is established through a national collective agreement.
 Slovenia: The minimum wage is defined as normal net take home pay.
 The rate will rise from 01.07.2013
 Rate was frozen in 2012.
 the rate is normally adjusted on the basis of a recommendation from the Social Council.
18] All sectors except textiles and leather – where lower rates exist.
19] The minimum wage in Moscow is more than twice the national rate.
20] The minimum rate from 1.12.2013 will be 1218 UAH per month.