The calculations are based on the assumption of a 40-hour working week and a 52-week year, with the exceptions of France (35 hours), San Marino (37.5 hours), Belgium (38 hours), United Kingdom (38.1 hours), Ireland (39 hours), Monaco (39 hours), and Germany (39.1 hours). Chile and Ecuador completed the top 3 in the region. The following list provides information relating to the minimum wages (gross) of countries in Europe.. 1,595: 3,414. For Large Employers (501 or more employees) $16.39/hour: For Small Employers (500 or fewer employees) Does employer pay $2.25/hour toward medical benefits and/or does employee earn $2.25/hour in tips? Increasing to: $10.25 per hour on 1/1/21; $11.00 per hour on 1/1/22; and $12.00 per hour on 1/1/23. Five states have not adopted a state minimum wage: Alabama, Louisiana, Mississippi, South Carolina and Tennessee. Slovenia – Minimum Wage: €893; The hourly minimum wage in Slovenia is €5.88. 46.7 % 1 June 2020 Cape Verde: 13,000 Cape Verdean escudos ($141) per month. This short report accompanies the 2020 increases in the National Living Wage (NLW) and National Minimum Wage (NMW). The national minimum hourly rate will become €10.10 on 1 February 2020. Minimum wages in the EU Member States ranged from EUR 312 to EUR 2 142 per month in July 2020. The minimum wage calculated here is a weighted average based on the relative population in each province. As of 1 st of February, 2020, the minimum wage per hour in the country is €7.04. Wages in Slovenia increased to 1821 EUR/Month in October from 1799 EUR/Month in September of 2020. This rate will go up in steps to reach $6.75 per hour in January 2023. 2020 Minimum Wage. *Editor’s note: West Virginia’s minimum wage was set to increase to $9.50 per hour on January 1, 2020, however, the legislation never passed so the wage remains at $8.75 per hour. The minimum wage in Canada is set by each province and territory; ranges from $11.32 to $15 CAD per hour. State Minimum Wage Changes Effective July 1, 2020 No: Yes: $15.75/hour: $13.50/hour: 2021 Minimum Wage. Two states, Georgia and Wyoming, have a minimum wage below $7.25 per hour. 40 10.54: 10.07. Uruguay was the Latin American country with the highest minimum wage in 2020, with more than 400 U.S. dollars per month. Twenty-one states began 2020 with higher minimum wages. 21,920: 20,953. 44 0.7: 1.49 President-elect Joe Biden has pledged to raise the federal minimum wage from $7.25 per hour—a figure that hasn’t increased in more than a decade—to $15 per hour and to eliminate the tipped minimum wage, which sits at $2.13 per hour. Tipped employees minimum wage is $4.95 as of January 1, 2020. €580.00 (minimum wage is fixed at an hourly rate and at a monthly rate simultaneously) €3.333: 1 1 January 2020 Slovenia: 940.58 €940.58: €5.59 1 1 January 2020 Spain: 1,108.33 €1,108.33 (€950 in 14 payments) 1 1 January 2020 EU member states with no minimum wage . The minimum wage for tipped employees who make more than $20 a month in tips is $4.95 an hour. Variations in national minimum wages. 2020 Highlights. 9. But to do so, he almost certainly needs a … In all seven of these states, the federal minimum wage of $7.25 per hour applies. Therefore, the monthly wage for an employed citizen will be equal to €1070. Wages in Slovenia averaged 1504.36 EUR/Month from 2005 until 2020, reaching an all time high of 1937 EUR/Month in April of 2020 and a record low of 1097 EUR/Month in February of 2005. National Minimum Wage will increase on 1 February 2020. 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