Countries With The Highest Minimum Hourly Wages In The World, 2019
Countries With The Highest Minimum Hourly Wages In The World, 2019
Dailynaijamode
Interestingly, Australia, Luxembourg, New Zealand, France, and the Netherlands offer the highest minimum hourly wages in the world, according to data from Germany’s Wirtschafts-und Sozialwissenschaftliches Institut (WSI).
The hourly minimum wage in Australia is US$14.14, Luxembourg at US$13.14 per hour, New Zealand at US$11.28 per hour, France at US$11.24 per hour, while the Netherlands offers US$11.01.
The hourly rate in the United States yields the equivalent of US$6.63 of purchasing power, according to the report, almost four times that of Russia’s, which is worth only $1.87 in purchasing power terms.
Countries With The Highest Minimum Hourly Wages In The World, 2019:
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