Based on the data of the European Statistics Committee and various authorities of European countries, experts from the Center for Economic Analysis "RIA-Analytics" prepared the economic rating of countries for the level of minimum wage .The basis of this ranking was the minimum guaranteed by the state wages of wage workers. This indicator could be interpreted in different ways in a number of states. However, it always reflects some kind of social support or state guarantee to wage workers. The corresponding value in national currency was recalculated at the purchasing power parity by average annual indicators of 2011 into Russian rubles.
52 states took part in the rating. That is, almost all countries that have approved the convention of the International Labor Organization, as well as the UN No. 131 "On Minimum Wage."
Contents:
- 10. Taiwan.
- 9. New Zealand.
- 8. United States.
- 7. United Kingdom.
- 6. Australia.
- 5. France.
- 4. Ireland.
- 3. Belgium.
- 2. The Netherlands.
- 1. Luxembourg.
10. Taiwan.
It should be noted that the minimum wage in this country is received by workers from the Philippines and Thailand, "spoiled" the statistics of Taiwan.
9. New Zealand.
The New Zealand economy, which is developing at an accelerated pace, makes this country very attractive for those wishing to improve working conditions and wages.
8. United States.
The 8th place on the list can be explained by the protracted crisis processes in the superpower economy. Taking into account the need to finance a multitude of credit programs with an eye to the upcoming elections, social guarantees are financed on a residual basis.
7. United Kingdom.
The large number of unemployed, the fallen level of domestic demand and the low business activity of corporate elements are holding back the growth of the minimum wage in this country.
6. Australia.
Rich domestic demand, developed raw materials base, relatively fewer emigrants allow the Australian government to provide good guarantees for minimum wages.
5. France.
Having opened the top five countries in terms of the minimum wage with a value of $ 1510.3 per PPP per month, France has increased the volume of this indicator by 27% over the past 5 years.
4. Ireland.
Despite the high positions in the rating( $ 1,534.3 per PPP per month), there are strong assumptions about the artificial overestimation of this indicator, which is contrary to the current situation in the economy. However, the trade union movement opposes the adjustment of the minimum wage.
3. Belgium.
Opens the top three in Belgium( 1565.9).High guarantees of wages are based on long-term stability and development.
2. The Netherlands.
The indicator of 1622.1 dollars per PPP per month confidently allows the Netherlands to occupy an honorable second line. Having increased the minimum wage by 30% in 5 years, this country is one of the most stable in the world.
1. Luxembourg.
The highest level of the minimum wage in the rating: 1766.3 dollars per month is 8 times higher than that of Russia, which occupies the 40th position in the rating.
