What is the minimum wage in Spain? Spain is at the bottom in terms of the proportion the minimum wage represents of the average wage. Most countries have a nation-wide minimum wage that all workers must be paid. In those cases where workers are not paid 14 minimum wages per year, the monthly wage is 1050 euros. Federal Minimum Wage | Workers must provide the required information to their employers to properly calculate the corresponding deduction. Spain’s Socialist prime minister pushed through a 22 percent increase in the minimum wage law. The minimum wage in Spain is known as the SMI (Salario Mínimo Interprofesional) Spanish minimum wages are expressed as daily, monthly and annual calculations. Salaries in Spain must typically be paid for periods of no longer than a month. In absolute terms, the minimum wage in Spain is the eighth-highest out of 22 European countries that have one. It means millions of low-paid workers could see a pay rise from €736 ($835… For people employed as domestic workers in someone’s home, the minimum wage in Spain per hour comes out to around €5.76 per hour, assuming their duties aren’t fixed to a monthly or yearly wage. With this increase, the SMI now stands at 707.6 euros per month with 14 payments per year, 52.4 euros a month more than in 2016. The increase will move Spain’s legal minimum pay further ahead of neighbour Portugal’s which is around €795 when adjusted for the cost of living. Despite ongoing talks in Catalonia to create a minimum wage in the region, Catalonia still doesn’t have one. However, the … International Currency is a measure of currency based on the value of the United States dollar in 2009. News. A variety of factors come in to play when deciding the minimum wage, including national productivity and employment levels. NOTE: These settings will only apply to the browser and device you are currently using. More than 5.5 million people in Spain earn the Spanish minimum wage. The minimum wage has now been officially increased in Spain. Spain is a country located in the Southern Europe region with a population of 39,441,700 and an average life span of 78.8 years. The employer is responsible for collecting all contributions; as a result, they deduct the amount for the Spanish income tax (IRPF) and social security contributions due under the law. Employment law in Spain Employment law in Spain covers more than just minimum wage. 10Y. Additional information. You can check with your employer if a union agreement applies. On December 2nd, the government approved an 8% rise of the interprofessional minimum wage (SMI in Spanish) for 2017. Some workers might find compensation, however, in the particularly generous holiday allowance in Spain. This site uses functional cookies and external scripts to improve your experience. Themes: Population and social conditions . The increase, “the biggest since 1977”, will be submitted to a cabinet meeting in Barcelona on December 21, he told parliament. Many workers in Spain receive salary 14 times a year (with additional payments in July and December). on July 9, 2020 COVID-19 MADRID, Spain — The government approved a raise in minimum wages in Spain that will range from $513 to $1,130 per month to support its working, low-income households amid the economic crisis brought upon by COVID-19. This must either be paid at the same (or a greater) level, or be reimbursed through paid time off. There are 14 countries with a higher Minimum Wage then Spain, and Spain is in the top 7 percent of all countries based on the yearly minimum wage rate. Show table location in data tree Metadata . Employers who fail to adhere to Spain’s minimum wage regulations can be fined. The announcement came as a perfect surprise: the newly-elected socialist government under PM Pedro Sánchez raised Spain’s minimum wage by 22 percent to 1050 Euros, making it one of the highest across the EU. Salaries in Murcia range from 880 EUR per month (minimum salary) to 12,000 EUR per month (maximum average salary, actual maximum is higher). This results in a minimum salary of €12,600 a year in 2019. 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. No worker in … Salaries in Spain range from 830 EUR per month (minimum salary) to 11,400 EUR per month (maximum average salary, actual maximum is higher). Spain is at the bottom in terms of the proportion the minimum wage represents of the average wage. This is a list of the official minimum wage rates of the 193 United Nations member states … Minimum wages in Spain stood at EUR 1,050 per month in 2020. Data from Spain’s statistical institute (INE) shows Spanish workers earn an average of €23,000 a year. The yearly minimum wage of 12600 euros is arrived at by multiplying monthly wage by 14. This includes casual and temporary work or personal work within the service of a household. The minimum wage per daily in 2013 in Spain was 21.51 euro. Breaks from employment are also part of Spanish legislation. Living Wage Series - Spain - September 2019 - In Euro, per Month The Living Wage is based on the concept that work should provide an adequate income to cover the necessary living costs of a family. Which cookies and scripts are used and how they impact your visit is specified on the left. Spain approved what it calls a living minimum wage for low-income households in a bid to help its working poor, a problem aggravated by the coronavirus crisis. Spain has a government-mandated minimum wage, and no worker in Spain can be paid less then this mandatory minimum rate of pay. Greece, like fellow euro member Spain, decided this year to sharply increase the minimum wage, despite the legacy of high unemployment left by Europe’s long debt crisis. Spain's minimum wage was last changed in 1-Jan-2016. Contact. This means an employee must receive at least the minimum daily wage. General labor laws also apply even if the working relationship lasts less than three months. Salary Range. As of 2019 Catalonia still has the same minimum salary as the rest of Spain. The minimum salary in Portugal is calculated based on 14 payments in a year rather than 12, so if you’re paid 12 times a year instead, the minimum monthly wage is €700. In 2019, the minimum wage in Spain has risen by an unprecedented 22%, increasing from €736 to €900. The Spanish minimum wage is revised and set each year by the government through a Royal Decree. Spain's yearly minimum wage is $11,426.00 in International Currency. The entire economy is to be modernized. Eurostat provides national minimum wages at monthly rates, meaning that, when the minimum wage is paid for more than 12 months per year, data is adjusted to take these payments into account. Spain's minimum wage rate is €764.40 per month in 12 payments,€655.20 per month in 14 payments,applicable to all workers. The reforms will make the biggest difference for women, who perform the bulk of part-time and temporary work. Spain's Minimum Wage is the lowest amount a worker can be legally paid for his work. This statistic displays the annual national minimum wage per day in Spain from 2008 to 2019, in euros. Their employer must also adhere to general Spanish labor law and pay a domestic helper salary of at least a pro-rata Spanish minimum wage per hour (if less than a full day). Minimum Salary in Barcelona. THE Spanish Government has officially approved the decree that includes the increase in the minimum wage (SMI) to €950 euros, an increase of 5.5% from 2019. In the long-term, the Spain Living Wage Individual is projected to trend around 853.94 EUR/Month in 2021 and 870.16 EUR/Month in 2022, according to our econometric models. 2019 minimum wage (14 payments): €900.00 per month; 2018 minimum wage (14 payments): €736.00 per month; 2017 minimum wage (14 payments): €707.60 per month; More than 5.5 million people in Spain earn the Spanish minimum wage. State Minimum Wages | WageIndicator uses prices from the Cost of Living Survey to calculate Living Wage in … Have a cookie Spain's minimum wage will jump by 22% in 2019 - the largest annual increase in more than 40 years. 5Y. You can of course change your mind and withdraw your consent at any time, by returning to this site after clearing the cookies on your computer or device. Spain's government will approve a 22 percent increase in the minimum wage to 900 euros (813.35 pounds) per month on Dec. 21, Prime Minister Pedro Sanchez said on Wednesday. Spanish Prime Minister Pedro Sanchez said Wednesday his cabinet would approve next week a 22 percent increase in the monthly minimum wage to €1,050 ($1,192) in 2019. Labor laws restrict working hours to nine per day, with a minimum of 12 hours rest between working days. For part-time workers in Spain, the Spanish minimum wage is half of the total values. In terms of day-to-day work, employees working for more than six hours must receive a 15-minute break, or 30 minutes for employees under 18 who work more than four and a half hours. The reforms will make the biggest difference for women, who perform the bulk of part-time and temporary work. This site uses functional cookies and external scripts to improve your experience. The median, the maximum, the minimum, and the range. These cover minimum wages and workers’ rights within either a group of companies or the industry as a whole; in some cases, they are more favorable than the general labor law. Content © 2020 Minimum-Wage.org, all rights reserved. Code: earn_mw_cur Last update: 17/08/20 Oldest data: 1999S1 Most recent data: 2020S2 Number of values: 4769 . Employers in Spain who fail to pay the Minimum Wage may be subject to punishment by Spain's government. For instance, for Spain, where it is paid for 14 months a year, the minimum wage is calculated as follows: (EUR 900 x 14) / 12 = EUR 1,050. However, the states have the power to increase the federal minimum wage as 29 of them did. Spain's Minimum Wage is the lowest amount a worker can be legally paid for his work. The Ministry of Employment and Social Security sets the minimum wage in Spain at daily, monthly and annual levels. Furthermore, many states have enacted or proposed legislation to gradually increase the minimum wage by increments over the next several years to reach a specific wage. According to figures published in December 2017, the top five most well-paid jobs in Spain are: Banking, financial, and insurance companies reportedly pay the highest salaries in Spain. Announcing the reforms in December 2019, Spanish Prime Minister Pedro Sánchez announcing that “a rich country cannot have poor workers.” The rise is significantly higher than the 4% increase in 2018. Spain's minimum wage rate is €764.40 per month in 12 payments,€655.20 per month in 14 payments,applicable to all workers. Spain approves national minimum income scheme ‘Today this government is showing that its political choice is social justice,’ says deputy prime minister in announcing scheme. Ministry of Employment and Social Security. The Spanish economy could contract by more than 12% in 2020, depressing the employment rate to 80%. Annually, workers in Spain who have been employed for more than a year are entitled to 30 days of paid holiday, in addition to 14 days of Spanish national holidays. News releases Release calendar Most countries have a nation-wide minimum wage that all workers must be paid. While we take all precautions to ensure that the data on this site is correct and up-to-date, we cannot be held liable for the accuracy of the labor law data we present. Source: Expansion(in Spanish). Median Salary The median salary is 2,720 EUR per month, which means that half (50%) of the population are earning less than 2,720 EUR while the other half are earning more than 2,720 EUR. Spanish labor law is also relatively protective. The Spanish Salary Guarantee Fund (Fondo de Garantí­a 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. That totals to around a minimum of €450 a month for 14 monthly payments. Spain’s government will approve a 22% increase in the minimum wage to 900 euros per month on Prime Minister Pedro Sanchez said on Wednesday. Help us keep Minimum-Wage.org up-to-date! However, while Spain’s minimum wage is above some of its European peers, it remains well below the highest national minimum wages in Luxembourg, Belgium, Ireland, the Netherlands, France, and the UK. Many industries in Spain operate collective agreements. Download table . Agreements are generally set between councils representing employers and unions representing employees and are particularly popular in the service industries. Is any of our data outdated or broken? Your employer should provide you with a payslip clearly stating the name of the company and worker, salary, and deductions (including the worker’s social security contributions and IRPF or income tax deductions). Credit: Expatica. Yolanda Díaz and her Italian counterpart, Nunzia Catalfo, sign a Memorandum of Understanding on minimum wage and social economy Wednesday 25 November 2020 The Minister for Work and Social Economy, Yolanda Díaz, took part in the19th Spain-Italy Summit, held in Palma, which was also attended by other Cabinet ministers. In the case of temporary contracts lasting less than one year, the deduction rate is typically lower than standard tax rates. Usage is subject to our Terms and Privacy Policy. Monthly minimum wages - bi-annual data. Find out the Spanish minimum wage and average salary to help you estimate how much you’ll be paid as an expat worker. The amount deducted for IRPF depends on pay and personal and family circumstances (children and people dependent on the worker). In 2019, Spain to raise Minimum Wage 22 percent NEWS DIGEST–Spanish Prime Minister Pedro Sanchez said Wednesday his cabinet would approve next week a 22 per cent increase in the monthly minimum wage to 1,050 euros ($1,192) in 2019. Government officials have said the minimum amount an adult will receive will be about half the minimum wage, which is 1,108 euros per month. In 2017 they are as follows: Daily minimum wage: EUR 23.59; Monthly minimum wage: EUR 707.60 (based on 14 payments, or EUR 825.65 based on 12) The minimum wage in the United States is $7.25 per hour, the 12th highest in the world. This site is a free public service not affiliated with the Department of Labor or any governmental organization. €584.00 (minimum wage is fixed at an hourly rate and at a monthly rate simultaneously) … Click below to consent to the use of this technology on our website – and don’t worry, we respect your privacy. The government’s move is part of a plan to boost the net minimum wage to 60% of the average monthly pay packet of 1,944 euros ($2,154.92) by the end of its four-year term. However, Spain will … ← Back to International Minimum Wages Home. Domestic workers in households are employees. 1Y. Spain has a government-mandated minimum wage. Let us know in a single click, and we'll fix it as soon as possible. You may change your settings at any time. The minimum salary in Barcelona is currently of € 900 (salario minimo interprofessional). Expatica helps make your expat journey the experience you've always wanted. The minimum wage (SMI, or Salario Mínimo Interprofesional) applies to all workers regardless of their age, gender, or employment contract in Spain. This should result in a cut to the gender pay gap in Spain, which stands at 14.2%, according to Eurostat. View Sitemap. Expatica uses technology such as cookies and scripts to personalize content and ads, provide social media features, and analyze our traffic. If you’re not earning the minimum wage in Spain and should be, complain to the Labor Inspectorate, who will assess your case. Unless your industry’s collective agreement determines otherwise, overtime tops out at 80 hours per year. As salaries increase, businesses fear an erosion in jobs. While rest periods per week vary between occupations, the standard rest period is at least one and a half days per week. Your choices will not impact your visit. View table .
2020 spain minimum wage