MINIMUM WAGE IN NETHERLANDS
The Kingdom of the Netherlands is considered one of the most successful states in the European Union. It is a country with a high standard of living, a stable economy and excellent infrastructure. Working in Netherlands attracts a huge number of foreigners from all over the world, including the countries of the post-Soviet space. In most cases, Dutch companies have foreign specialists with high wages and comfortable working conditions.
Unemployment in the Netherlands is no higher than 3-4%. The local workforce is highly skilled, flexible and productive. Dutch universities will provide quality education and train highly qualified specialists. More than 90% of Dutch citizens are fluent in English. Next, we will find out what salaries in the Netherlands are in 2021 and indicate the current tax rates.
Minimum wage in the Netherlands
Every employee in the Netherlands between the ages of 21 and 65 who is employed during standard working hours (36–40 hours per week) is entitled to the statutory minimum wage. According to official information from the Dutch government, from January 1, 2021, the minimum wage in the Netherlands is 1,684.80 euros per month (388.80 euros per week and 77.76 euros per day).
For persons aged 15 to 20 years, lower rates are provided, calculated as a percentage (from 30 to 80%) of the basic minimum wage.
The Dutch minimum wage is reviewed by the local government twice a year - on January 1 and July 1. According to this indicator, the Netherlands is ahead of most of the EU countries, including countries such as France (1,554.58 euros) and Belgium (1,625.72). For violation of labor law norms related to the understatement of the minimum wage, Dutch employers may be subject to fines ranging from 12 to 40 thousand euros.