What is the hourly wage in Spain?

What is the hourly wage in Spain?

In 2021, the minimum wage in Spain is € 7.43 per hour and € 31.66 per day. In 2021, the minimum wage in Spain is € 1,108.03 per month. Calculated over 12 months, you should earn € 13,300.

What is the basic salary in Spain?

In 2021, the national minimum wage in Spain remained fixed at 1,108.3 € per month, that is 13,300 euros per year, taking into account 12 payments per year. Accordingly the national minimum wage has remained stable, while the CPI of 2020 which was -0.5%, so workers have lost purchasing power in the last year.

Does Spain have an hourly minimum wage?

Spain has a government-mandated minimum wage. No worker in Spain should be paid less then this minimum pay rate. Employers in Spain who do not pay the Minimum Wage may be subject to punishment by the government of Spain.

What is the minimum wage in Spain 2021?

The national minimum wage per month in Spain increased steadily over the last years. The minimum monthly wage grew by almost 60 percent from 2000 to 2021, with salaries increasing from 600 euros a month to 950 euros a month in 2021.

What jobs pay well in Spain?

What is the best-paid job in Spain?

  • Surgeon, with an average salary of 64,500 euros yearly.
  • Project manager engineer, 59,900 euros.
  • Sales manager, with an average of 58,880 euros.
  • And IT director, with 48,000 euros a year.

How much is monthly rent in Spain?

The average monthly rent is about 600 euros. Obviously, if you move away from the central areas and avoid cities like Barcelona or Madrid, you can find rentals of 400 euros easily.

What is the highest paid job in Spain?

Why is Spain so broke?

The main cause of Spain’s crisis was the housing bubble and the accompanying unsustainably high GDP growth rate. The results of the crisis were devastating for Spain, including a strong economic downturn, a severe increase in unemployment, and bankruptcies of major companies.

Is it easy to get job in Spain?

If you do not have a strong grasp of Spanish then jobs can be hard to find – unless you’re looking for a job with a multinational company, or work in the expat community or tourist areas. There are also opportunities to take Spanish classes once you arrive in Spain.

What countries have the highest minimum wage?

Australia has the highest minimum wage in the developed world, according to the Organization for Economic Co-operation and Development ( OECD ). Its after-tax rate of $9.54 per hour is followed by Luxembourg with $9.24 and Belgium with $8.57. “They have a high minimum wage.

What is the average yearly income for Spain?

The average annual net income per capita for individuals aged between 30 and 44 years amounted to approximately 11.5 thousand euros in 2019. The age group formed of those over 65 is the one with the largest average annual net income, an income almost three thousands euros higher than that of individuals aged between 16 and 29 years.

What is the average wage in Spain?

What is the average salary in Spain? At the end of 2019, the average salary was 1,695 euros, an increase of 1.5% over the previous year. That is, more purchasing power for workers.