NaijaQuest.Com

Exchange Rates, Richest Nigerian African Best Ranking World Best Information

Highest Minimum Wages In The World 2018 – Top 10 Countries

Top 10 Countries With The Highest Minimum Wages In The World 2018

It is not too easy comparing the minimum wage of different nations due to different factors. This is because different countries have got different rules and enforcement mechanisms in this regard. Some countries set minimum wages by industry, and some others are setting theirs by regions (or states). { Highest Minimum Wages In The World 2018 }

There are some countries that allow their workers to set their minimum wages, and there are some others that considers age in their payment system.

The idea to have a mandated minimum wage in a country emanates from the government’s interest in protecting it’s citizens from exploitation. It is the lowest amount of money a worker must receive for every hour they work in the country (this is what it means ‘technically’)

The minimum wage of a country tells a lot about those living in the country. The minimum wage of a country can be used to indicate the standard of living of a country’s citizens. It’s quite okay searching for Top 10 Countries With The Highest Minimum Wages In The World. If the wage in your country is not impressive enough, you can simply migrate to a country that can pay you much more.

Therefore, right here, you will see the countries that pays the highest minimum wages in the world. Of course, we are putting into consideration important factors like deductions, taxes and purchasing power.

Let’s get started.

Top 10 Countries With The Highest Minimum Wages In The World 2018

  • 10. UNITED KINGDOM

    • Continent Located: Europe
    • Minimum Wage: $7.06 Per Hour

Sitting comfortably on the number 10 spot of our list of Countries With The Highest Minimum Wage In The World is the United Kingdom. The European heavyweights has a minimum wage of $7.06 per hour. This is the least amount of money a legal worker in the United Kingdom can earn each hour. This is of course, a huge one for legal workers in the country.

  • 9. CANADA

    • Continent Located: North America
    • Minimum Wage: $7.18 Per Hour

Canada is mostly in the news for the right reasons and it’s a common knowledge that many humans around the globe are keenly interested in migrating to Canada. The Canadian government isn’t making things too difficult for immigrants. Their doors are always open for individuals ready to add lots of value to the country for national growth.

Canada rewards workers handsomely. With a minimum wage of $7.18 per hour, the country sits on the 9th spot on our list.

Highest Minimum Wages In The World

Highest Minimum Wages In The World

  • 8. GERMANY

    • Continent Located: Europe
    • Minimum Wage: $7.19 Per Hour

Germany is one of the most powerful countries in the world. The European country is influential in different facets of life. Name them. Technology, sports (particularly football), education, healthcare, security, economy, etc. The German government recently imposed a minimum wage that gives workers the opportunity to earn about $7.19 each hour. This means legal workers in Germany can have lots of money to spend at the end of each month.

  • 7. NEW ZEALAND

    • Continent Located: Oceanic
    • Minimum Wage: $7.55 Per Hour

‘Faraway’ New Zealand is sitting on the seventh spot of our list of Top 10 Countries With The Highest Minimum Wages In The World. This beautiful country is located in some 1,500 kilometers east of Australia (across the popular Tasman Sea)

It is a remote country with a large distance from some other Oceania countries like Tonga, Fiji and New Caledonia. Despite being one of the last lands to be settled by humans, New Zealand has successfully moved ahead of many countries existing before her – in terms of economy and other positive measures.

Therefore, many people from various countries are striving to migrate into the country. New Zealand’s annual net migration recently reached a record after seeing a big increase in the rate of immigrants trying to come in. The beautiful country pays employees about $7.55 each hour. Perhaps, this is why lots of Europeans are trying to migrate into New Zealand. A worker in New Zealand can earn some whopping $15,824 in a year by working 40 hours in a week.

  • 6. NETHERLANDS

    • Continent Located: Europe
    • Minimum Wage: $8.20

The Netherlands is a small country utilising it resources appropriately to perform wonders. The country has one of the best economies in the world despite her challenges. She is a neighbor with Germany, Belgium and the United Kingdom.

The Netherlands keeps attracting immigrants from various parts of the world. Anyone with the desire to make more money can simply find their way into this country to live their dreams. The country speaks Dutch ‘more frequently’ than other languages available in it. Dutch is the official language in the Netherlands, and it is spoken by almost everyone living in the country. The language was standardized in the 16th century, and it’s also an official language in other countries like Belgium and Aruba. However, the English language is the main foreign language in the Netherlands – as lots of English-speaking immigrants keeps finding their way into the country. In 2015 alone, about 204,615 immigrants are in the Netherlands. Since they have a minimum wage of $8.20 per hour, everyone desire working in this country.

  • 5. FRANCE

    • Continent Located: Europe
    • Minimum Wage: $8.24

Sitting on the fifth spot of our list, with a minimum wage of $8.24, is France. The European country is geographically positioned in the northern, eastern and western hemispheres. France shares borders with the likes of Belgium, Germany, Italy, Spain, Monaco, Andora and Switzerland.

In the world, there are some countries with bad and unpleasant weathers. They only have lots of immigrants because of their fine economies. However, France is a country with a fine economy and beautiful weather. To some extent, she has a pleasant weather – at least, when compared with some other European countries like the United Kingdom. The country has weather conditions that are keenly influenced by barometric pressure. But in all, France is a beautiful country.

French is the official language in France. There are various immigrants coming into the country from various places in the world, with various languages. The major foreign language in France is English, and as at 2010, the number of immigrants (migrating from Africa, Asia, America, other European countries) cover 8.9% of the entire population.

The minimum wage per hour here is $8.24 – which explains why many are trying to get into the country.

  • 4. IRELAND

    • Continent Located: Europe
    • Minimum Wage: $8.46

Ireland is the 121st largest nation in the world – yeah, it’s a small country. She gained Independence from the United Kingdom in 1922 and has grown into one of the most powerful countries in the continent. This country has been growing rapidly since the last decade of the 20th century, attracting lots of immigrants from various parts of the world. In 2006, there were 420,000 foreign nationals in the country. According to statistics in 2011, immigrants from Poland made up the largest number of immigrants from Central Europe living in Ireland. It was also made known that those from China and Nigeria are dominating the list of non-European immigrants living in the country.

Anyone can get wealthy in Ireland. Workers in the country earns at least $8.46 every hour. Working for 39 hours every week, a legal worker in Ireland can earn up to $17,732 annually!

  • 3. BELGIUM

    • Continent Located: Europe
    • Minimum Wage: $8.57

Belgium is the third country with the highest minimum wage in the world. A small country (the 142nd largest nation in the world) doing great things with her available resources. She sits in the North West of Europe, neighbors to the Netherlands, France, Germany and Luxembourg. The country is famous for it junk food and exciting national cuisine. With a minimum wage of about $8.57, there are lots of money to spend in Belgium!

Blessed with natural resources like limestone and silica sand, Belgium has one of the best economies in the continent. A legal worker working for 38 hours each week can get up to $17,962 in a year.

  • 2. LUXEMBOURG

    • Continent Located: Europe
    • Minimum Wage: $9.24

A landlocked country in western Europe that shares borders with the likes of Germany, Belgium and France. According to reports, this tiny country is one of the safest countries in the world. Being the 180th largest nation in the world in terms of the land area means Luxembourg is one of the smallest in the world. With a population that is less than a million, this country has what it takes to make workers wealthy. With an average GDP per capita of $79,593.91, she is regarded as the second richest country in the world. Legal workers can earn a minimum of $9.24 per hour – a huge one here!

  • 1. AUSTRALIA

    • Continent Located: Australia
    • Minimum Wage: $9.54

And sitting gallantly on our list of Top Countries With The Highest Minimum Wages In The World is Australia. A legal worker can earn at least $9.54 each hour here. Little wonder lots of people keeps racing towards this direction. Here is a place one can earn some whopping $20,000 each year. So, beautiful Australia is the country with the Highest Minimum Wages in the world.

That’s all about Top 10 Countries With The Highest Minimum Wages In The World 2018.

Related: 

Tags: Highest Minimum Wages In The World 2018, highest salary country in the world

Updated: April 17, 2018 — 2:46 pm

Leave a Reply

Your email address will not be published. Required fields are marked *

NaijaQuest.Com © 2018
error: Content is protected !!