For example, if you move to Barcelona or Madrid you can expect to pay much more for renting or buying a home than in smaller, less expensive towns. More than 31,000 workers, 41% of those eligible, are currently covered by training schemes. The minimum wage legislation applies to workers from all occupations: agriculture, industry, services. This is the pre-tax, gross figure that full-time minimum wage workers will receive. If it is deemed acceptable by the company or industry, the new salary levels will be incorporated. Your employer will deduct your contributions to the state social security system from your salary. A year later it was raised to 900 euros. Spain's leftist government ups minimum monthly wage to 1,167 euros They will likewise be withdrawn should the beneficiaries have a record of or display conduct manifestly incompatible with democratic values. Also dubbed The best English newspaper in Spain, according to the UKs Rough Guide. These cookies do not store any personal information. Learn about the minimum wage in Spain thanks to Horizons up-to-date guide. Average wealth held in Spain 2021, by percentile. Spain is ranked 16th out of the 101 countries in the worldwide minimum wage list. Email. The national minimum wage has increased from 825.70 in 2017 to 1,166.70 in 2022. statistic alerts) please log in with your personal account. Business Solutions including all features. To achieve this, the unions want the Spanish minimum wage to rise to 1,000 euros per month during 2022, which would mean an increase of 35 euros per month. Click here for further details on how to ADVERTISE with us. Transportation by bus is the cheapest way to get around town and is around 1 per ride. Legal, business, and accounting solutions in Spain. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. The government has been steadily increasing the minimum monthly wage over the past decades. 1 December 2022 Bulgaria: 398.80 780 lev (minimum wage is fixed at an hourly rate) 2.37 1.95583 1 January 2023 Croatia: . Show publisher information Some labor law cases can be taken up by the Constitutional Court (Tribunal Constitucional). Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. In some cases, they may be able to claim a pro-rata payment for Sundays and Spanish public holidays, plus their minimum legal holiday entitlement for time worked, assuming that such holidays were not taken during the contract term. Minimum wages by country [ edit] Net income [ edit] The map below shows monthly adult minimum (after tax, social charges & deductions) income; some countries have a lower rate for under-25-year-olds. Escriv stressed that this mechanism will particularly benefit travel agency employees. Most of EU countries minimum wages are fixed at a monthly rate, but there are some countries where minimum wage is fixed at an hourly rate or a weekly rate. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 1000+ markets in 190+ countries & territories, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. If they find that you have been underpaid, they will issue a fine to the company. Twitter. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. The lower cost of living makes it easier for businesses to afford to pay their employees less, which is attracting a lot of business to Spain but makes Spanish people want to work abroad. THE national minimum wage in Spain has gone up to 1,000 per month, with the rise backdated to January 1. Chart. Spain's minimum monthly wage was 1,000 euros as of 2022. The average rent for an apartment in a major city like Madrid or Barcelona is around 1,000 per month, so the minimum wage will not cover that. PDF Commission Staff Working Document A campaigning, community newspaper, the Olive Press launched in 2006 and represents the huge and growing expatriate community in Spain with over 100,000 printed copies monthly, 10,000 visitors a day online we have an estimated readership of more than 500,000 people a month. Portugal has a significantly lower minimum wage of around 10,000/year, while France has a higher rate of just under 20,000/year. If youre not earning at least the minimum wage in Spain you can complain to the Labor Inspectorate, who will assess your case. Beneficiaries may not exceed 1.25 times the Minimum Interprofessional Wage. Spain's new national minimum wage rises to exactly 14,000 per year OECD. The gender pay gap is higher in the private sector than in the public sector. Domestic workers in households are employees. At an industry level, companies within the banking and investment sectors, as well as insurance, pay the highest salaries. Luxembourg, Australia, New Zealand, the UK and Germany pay some of the highest national hourly minimum wage rates. VP Software Development, PICS ITech (USA), Managing Director, Schaeffler Group (Germany), Human Resources, Devian Chemicals (Belgium). Gross National Product $553,233.00 USD Spain has a government-mandated minimum wage, and no worker in Spain can be paid less then this mandatory minimum rate of pay. In, OECD. Also, all workers are entitled to two bonuses per year, one of them on the occasion of . The minister pointed out that in view of these data, a new period is opening up in which the labour reform in force since 1 January will allow those workers and companies that still need it to continue to be protected. Heres all you need to know about salaries and the minimum wage in Spain. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 1000+ markets in 190+ countries & territories, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Spain's minimum monthly wage was 1,000 euros in 2022, with a daily minimum wage of 33.33. The year 2022 began with the Minimum interprofessional Salary (SMI, in its acronym in Spanish) at 965 euros per month in 14 payments. Expatica helps make your expat journey the experience you've always wanted. Every year, the unions send a proposal with the expected salary increase to the labour ministry for review. 9 Feb, 2022 @ 20:15. This increase is greater than the CPI of 2022 which was 5.7%, so workers have gained buying power in the last year. The cost of living in Spain varies depending on the city you live in. This equates to 1,166.70 monthly, but in practice the payments would be divided into 14 payments of 1,000 each year. For editorial submissions, please email: [email protected]. We also use third-party cookies that help us analyze and understand how you use this website. The minimum wage legislation does not apply to certain workers, including public servants, executive directors, unpaid familiy workers, voluntary workers. Average Monthly Salary 2,710 EUR ( 32,600 EUR yearly) LOW 830 EUR AVERAGE 2,710 EUR HIGH 11,400 EUR A person working in Spain typically earns around 2,710 EUR per month. In 2018 the SMI stood at 735 euros. We also use third-party cookies that help us analyze and understand how you use this website. The Council of Ministers has approved the increase in the Interprofessional Minimum Wage to 1,000 euros, in fourteen payments, following the agreement reached this month with the trade unions CCOO and UGT. . Last Thursday, the Spanish government managed to pass a long-awaited labour reform act aimed at ending job insecurity. The ideal entry-level account for individual users. Out now: First 2022 data on minimum wages in the EU 2021 and 2022. . For companies with 50 or more employees, if one gender earns at least 25% higher than the other gender, the employer must justify that those salary differences are not based on discrimination. Spanish Citation formats View options. What is minimum wage in Spain? Councils (representing employers) and unions (representing employees) are particularly popular in the service industries. As such, you should ensure that the minimum wage provides you with an acceptable standard of living and complies with Spanish labor laws before you sign a work contract. ", RTVE, National minimum wage per month in Spain from 2008 to 2023 (in euros) Statista, https://www.statista.com/statistics/456403/spain-national-minimum-wage-monthly/ (last visited June 04, 2023), National minimum wage per month in Spain from 2008 to 2023 (in euros) [Graph], RTVE, January 1, 2023. Overall, Spain reports a timely implementation of the milestones and targets due by the . When talking with the company it is useful to know if there are extra benefits or if they offer lunch or transportation. They were knowledgable on all subject matters pertaining to international employment. Even though job insecurity and unemployment remain relatively high in Spain, the country already has the seventh highest minimum wage rate in the EU. Spain is a wonderful country to live in and sometimes this requires you to find a job and work. Subscribe to our free email alert service, Bolivians CPI increased up to 2.9% year-on-year in May of 2023, Industrial Production increases up to 1.4% in April of 2023 in France, In April of 2023, Industrial Production fell in Latvia, Industrial Production goes down -4.3% in April of 2023 in Poland, Switzerland: Quarterly GDP at market prices, More May passenger car were sold in United States, Industrial Production goes down in April of 2023 in Portugal, In April of 2023, Producer price fell in Czechia, In April of 2023, Producer price fell in Slovakia, In April of 2023, Producer price fell in Sweden. You can use a salary checker to see what your profession will likely pay in Spain. 2022, 2:29:24 PM. Everything that changes about working in Spain in 2023 Minimum wage compared to other north European countries. Because of this, it is better to know right away what the salary is, so you dont waste your time. Please supportSpain in English with a donation. For part-time workers, the Spanish minimum wage is half of the total value. Puerta de Hierro, s/n. According to the Podemos politician and second deputy Prime Minister, its science fiction to argue otherwise because its been empirically proven that raising wages encourages people to spend more and this in turn helps the economy. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Learn more about how Statista can support your business. Spains centrist Ciudadanos party will not stand in Julys general election, Spains inflation rate reaches lowest number in almost two years, 17.6% of people aged 15 years and over smoke in Spains Costa Blanca and Valencia areas. A year later it was raised to 900 euros. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. The minister said that the deferral and moratorium on the payment of social security contributions for those affected by the eruption on the island of La Palma will also be extended for four months. The National Minimum Wage (NMW) of a country is the minimum amount (lowest salary) per hour, per day, or per month that employers may legally pay to workers. The national public Mediation, Conciliation and Arbitration Services (Servicios de Mediacin, Arbitraje y Conciliacin SMAC) or a regional equivalent provide conciliation services. The Spanish Salary Guarantee Fund (Fondo de Garanta Salarial, FOGASA) works with the Spanish Ministry of Labour (Ministerio de Trabajo) to guarantee the compensation of unpaid workers salaries as a result of their employer going insolvent, ceasing payments, going into liquidation or entering into composition with creditors. As such, contracts, working hours, paid leave, and wages are just a few of the highly regulated areas of Spanish employment.