FedEE Review of minimum wage rates
Focus on Europe
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 pay level in 2009, but now appears to have let it lapse. Germany introduced a national minimum wage for the first time on January 1st 2015 although transitional provisions apply in some circumstances.
The International Labour Organisation establishes minimum rates for able seamen. As of January 1st 2015 the minimum monthly wage for seafarers is 592 US dollars. From January 1st 2016 it is 614 US dollars. The minimum consolidated monthly wage for able seamen — including overtime and annual paid leave — is 2,468 US dollars.
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||2,100,100 Belarusian roubles||BYR||01.01.2015|
|Cyprus ||924.00 euros||EUR||01.04.2012|
|Czech Republic ||9,200 koruny||CZK||01.01.2015|
|France ||1,457.52 euros||EUR||01.01.2015|
|Greece  ||585.78 euros||EUR||01.03.2012|
|Hungary ||105,000 forints||HUF||01.01.2015|
|Iceland ||214,000 kronur||ISK||01.01.2014|
|Isle of Man||1,152.66 IOM pounds||IMP||01.10.2014|
|Jersey (Channel Islands)||1,175.20 Jersey pounds||JEP||01.04.2015|
|Kosovo ||170.00 euros||EUR||30.04.2011|
|Luxembourg ||1,922.96 euros||EUR||01.01.2015|
|Macedonia ||9,590 dinars (net)||MKD||01.01.2015|
|Malta ||720.46 euros||EUR||01.01.2015|
|Montenegro ||193.00 euros||EUR||22.03.2013|
|Portugal ||505 euros||EUR||01.10.2014|
|Romania ||975.00 leu||RON||01.01.2015|
|Russian Federation ||5,965 roubles||RUB||01.01.2015|
|Serbia||28,430.00 new dinars||RSD||01.01.2015|
|Slovenia  ||790.73 euros||EUR||01.01.2015|
|Spain ||648.60 euros||EUR||01.01.2015|
|Turkey||1,201.50 Turkish lira||TRY||01.01.2015|
|United Kingdom||1,126.66 pounds sterling||GBP||01.10.2014|
Join FedEE today for access to more International economic data – including minimum wage rates in numerous other countries.
 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.
 Cyprus: applicable to certain groups in non-unionised sectors after 6 months’ employment. Minimum wage upon first recruitment is 870 euros in 2014
 Czech Republic: rates may not include travel allowances, on-call payments and severance compensation.
 France: based on statutory 35-hour week.
 Greece, Portugal, Spain: white-collar workers only. Workers normally entitled to 14 monthly payments per year.
 Greece: rate applicable to over 25s. 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 measures. The minimum wage for those under 25 has been cut by 32% (currently 510 euros).
 Hungary: the minimum wage for skilled workers is HUF 122,000 in 2015.
 Iceland: The minimum pay level is established through a national collective agreement.
 Kosovo: rate applies to over 35s. Those under the age of 35 are entitled to a minimum wage of 130 euros per month.
 Luxembourg: unskilled workers only
 Macedonia: the rate stated here is the net rate. It applies to all sectors except textiles and leather where lower rates exist.
 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.
 Montenegro: the rate is normally adjusted on the basis of a recommendation from the Social Council.
 Romania: based on 170 hours per month.
 Russia: the monthly minimum wage in Moscow is more than twice the national rate: from January 1st 2015 it is 14,500 roubles.
 Slovenia: the minimum wage is defined as normal net take-home pay.
 Slovenia: all sectors except textiles and leather – where lower rates apply.