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Netherlands. €1,934.40 (US$2288) per month, and €11.16 (US$13.2) per hour for persons 21 and older; between 30–80% (as low as €3.35 per hour) of this amount for persons aged 15–20. [ 173] An additional holiday allowance of 8% of the annual wage is paid in May or June, prorated for the time worked in the year. 24,925.
Minimum wages are the result of bargaining councils in most circumstances, but some professions have no bargaining councils. South Africa enforced the National Minimum Wage Act which sets the foundation for a living wage across South Africa.
The Wages Act (1925) was an act of the Parliament of South Africa which established a Wage Board which fixed minimum wages for workers not covered by industrial councils. [1] It excluded farm labourers, domestic servants, and public servants. White workers were the main beneficiaries of this legislation because it prevented black workers from ...
Minimum wage law. Minimum wage law is the body of law which prohibits employers from hiring employees or workers for less than a given hourly, daily or monthly minimum wage. More than 90% of all countries have some kind of minimum wage legislation. [ 1]
Wages cover the total economy and are expressed per full-time equivalent employee. [ 3] * Indicates " Economy of [country or territory]" links. Country. Gross Average Monthly Wages in 2023 (USD, at current exchange rates) [ 4] Switzerland *. 8,111 (2022) Luxembourg *.
It is forbidden to employ workers under 18 years of age for arduous, unhealthy, or hazardous work. 14: The working week for young workers between 14 and 16 years of age should not be more than 3 hours per day and 15 hours per week, only in the mother's, father's or legal guardian's company. 16: Young workers aged over 16 but under 18, have the ...
List of countries by income equality. World map of income inequality Gini coefficients by country. Based on World Bank data ranging from 1992 to 2020. [ 1] Above 50%. Between 45% and 50%. Between 40% and 45%. Between 35% and 40%.
The economy of South Africa is a mixed economy, emerging market, and upper-middle-income economy, one of only eight such countries in Africa. [ 26][ 27][ 28] The economy is the most industrialised, technologically advanced, and diversified in Africa. [ 29] Following 1996, at the end of over twelve years of international sanctions, South Africa ...