The Ministry of Employment and Social Security sets the minimum wage in Spain at daily, monthly and annual levels. News. While rest periods per week vary between occupations, the standard rest period is at least one and a half days per week. Content © 2020, all rights reserved. Employers who fail to adhere to Spain’s minimum wage regulations can be fined. As salaries increase, businesses fear an erosion in jobs. 5Y. As of 2019 Catalonia still has the same minimum salary as the rest of Spain. €584.00 (minimum wage is fixed at an hourly rate and at a monthly rate simultaneously) … Spain's minimum wage rate is €764.40 per month in 12 payments,€655.20 per month in 14 payments,applicable to all workers. While we take all precautions to ensure that the data on this site is correct and up-to-date, we cannot be held liable for the accuracy of the labor law data we present. Despite ongoing talks in Catalonia to create a minimum wage in the region, Catalonia still doesn’t have one. However, Spain will … You may change your settings at any time. Spain is at the bottom in terms of the proportion the minimum wage represents of the average wage. Download table . With this increase, the SMI now stands at 707.6 euros per month with 14 payments per year, 52.4 euros a month more than in 2016. Most countries have a nation-wide minimum wage that all workers must be paid. You can check with your employer if a union agreement applies. THE Spanish Government has officially approved the decree that includes the increase in the minimum wage (SMI) to €950 euros, an increase of 5.5% from 2019. It means millions of low-paid workers could see a pay rise from €736 ($835… Spanish Prime Minister Pedro Sanchez said Wednesday his cabinet would approve next week a 22 percent increase in the monthly minimum wage to €1,050 ($1,192) in 2019. Which cookies and scripts are used and how they impact your visit is specified on the left. Employers in Spain who fail to pay the Minimum Wage may be subject to punishment by Spain's government. The Spanish Salary Guarantee Fund (Fondo de Garantí­a Salarial, FOGASA) works with the Spanish Ministry of Labour (Ministerio de Trabajo) to guarantee the compensation of unpaid workers’ salaries as a result of their employer going insolvent, ceasing payments, going into liquidation or entering into composition with creditors. Expatica uses technology such as cookies and scripts to personalize content and ads, provide social media features, and analyze our traffic. Have a cookie The government’s move is part of a plan to boost the net minimum wage to 60% of the average monthly pay packet of 1,944 euros ($2,154.92) by the end of its four-year term. In those cases where workers are not paid 14 minimum wages per year, the monthly wage is 1050 euros. That totals to around a minimum of €450 a month for 14 monthly payments. Click below to consent to the use of this technology on our website – and don’t worry, we respect your privacy. Spain's minimum wage rate is €764.40 per month in 12 payments,€655.20 per month in 14 payments,applicable to all workers. Spain’s government will approve a 22% increase in the minimum wage to 900 euros per month on Prime Minister Pedro Sanchez said on Wednesday. Spain's minimum wage will jump by 22% in 2019 - the largest annual increase in more than 40 years. Contact. Usage is subject to our Terms and Privacy Policy. The minimum salary in Portugal is calculated based on 14 payments in a year rather than 12, so if you’re paid 12 times a year instead, the minimum monthly wage is €700. Code: earn_mw_cur Last update: 17/08/20 Oldest data: 1999S1 Most recent data: 2020S2 Number of values: 4769 . The Spanish minimum wage is revised and set each year by the government through a Royal Decree. Spain approves national minimum income scheme ‘Today this government is showing that its political choice is social justice,’ says deputy prime minister in announcing scheme. Is any of our data outdated or broken? This statistic displays the annual national minimum wage per day in Spain from 2008 to 2019, in euros. Monthly minimum wages - bi-annual data. Spain has a government-mandated minimum wage, and no worker in Spain can be paid less then this mandatory minimum rate of pay. Let us know in a single click, and we'll fix it as soon as possible. Find out the Spanish minimum wage and average salary to help you estimate how much you’ll be paid as an expat worker. In absolute terms, the minimum wage in Spain is the eighth-highest out of 22 European countries that have one. This is a list of the official minimum wage rates of the 193 United Nations member states … These cover minimum wages and workers’ rights within either a group of companies or the industry as a whole; in some cases, they are more favorable than the general labor law. Expatica helps make your expat journey the experience you've always wanted. Salary Range. In some cases, they may be able to claim a pro-rata payment for Sundays and Spanish public holidays, plus their minimum legal holiday entitlement for time worked, assuming that such holidays were not taken during the contract term. If you’re not earning the minimum wage in Spain and should be, complain to the Labor Inspectorate, who will assess your case. Government officials have said the minimum amount an adult will receive will be about half the minimum wage, which is 1,108 euros per month. According to figures published in December 2017, the top five most well-paid jobs in Spain are: Banking, financial, and insurance companies reportedly pay the highest salaries in Spain. The minimum wage has now been officially increased in Spain. This site is a free public service not affiliated with the Department of Labor or any governmental organization. Minimum Salary in Barcelona. Median Salary The median salary is 2,720 EUR per month, which means that half (50%) of the population are earning less than 2,720 EUR while the other half are earning more than 2,720 EUR. Agreements are generally set between councils representing employers and unions representing employees and are particularly popular in the service industries. Credit: Expatica. Salaries in Spain range from 830 EUR per month (minimum salary) to 11,400 EUR per month (maximum average salary, actual maximum is higher). 2019 minimum wage (14 payments): €900.00 per month; 2018 minimum wage (14 payments): €736.00 per month; 2017 minimum wage (14 payments): €707.60 per month; More than 5.5 million people in Spain earn the Spanish minimum wage. WageIndicator uses prices from the Cost of Living Survey to calculate Living Wage in … Annually, workers in Spain who have been employed for more than a year are entitled to 30 days of paid holiday, in addition to 14 days of Spanish national holidays. The increase, “the biggest since 1977”, will be submitted to a cabinet meeting in Barcelona on December 21, he told parliament. In 2017 they are as follows: Daily minimum wage: EUR 23.59; Monthly minimum wage: EUR 707.60 (based on 14 payments, or EUR 825.65 based on 12) Spain is at the bottom in terms of the proportion the minimum wage represents of the average wage. Federal Minimum Wage | The entire economy is to be modernized. Workers must provide the required information to their employers to properly calculate the corresponding deduction. on July 9, 2020 COVID-19 MADRID, Spain — The government approved a raise in minimum wages in Spain that will range from $513 to $1,130 per month to support its working, low-income households amid the economic crisis brought upon by COVID-19. News releases Release calendar No worker in … In terms of day-to-day work, employees working for more than six hours must receive a 15-minute break, or 30 minutes for employees under 18 who work more than four and a half hours. Minimum wages in Spain stood at EUR 1,050 per month in 2020. Data from Spain’s statistical institute (INE) shows Spanish workers earn an average of €23,000 a year. Yolanda Díaz and her Italian counterpart, Nunzia Catalfo, sign a Memorandum of Understanding on minimum wage and social economy Wednesday 25 November 2020 The Minister for Work and Social Economy, Yolanda Díaz, took part in the19th Spain-Italy Summit, held in Palma, which was also attended by other Cabinet ministers. In the long-term, the Spain Living Wage Individual is projected to trend around 853.94 EUR/Month in 2021 and 870.16 EUR/Month in 2022, according to our econometric models. State Minimum Wages | In the case of temporary contracts lasting less than one year, the deduction rate is typically lower than standard tax rates. What is the minimum wage in Spain? Spanish labor law is also relatively protective. Spain's Minimum Wage is the lowest amount a worker can be legally paid for his work. Show table location in data tree Metadata . Spain has a government-mandated minimum wage. Salaries in Spain must typically be paid for periods of no longer than a month. There are 14 countries with a higher Minimum Wage then Spain, and Spain is in the top 7 percent of all countries based on the yearly minimum wage rate. Spain’s Socialist prime minister pushed through a 22 percent increase in the minimum wage law. 1Y. Themes: Population and social conditions . For part-time workers in Spain, the Spanish minimum wage is half of the total values. This results in a minimum salary of €12,600 a year in 2019. This should result in a cut to the gender pay gap in Spain, which stands at 14.2%, according to Eurostat. Unless your industry’s collective agreement determines otherwise, overtime tops out at 80 hours per year. More than 5.5 million people in Spain earn the Spanish minimum wage. The minimum wage in the United States is $7.25 per hour, the 12th highest in the world. International Currency is a measure of currency based on the value of the United States dollar in 2009. Your choices will not impact your visit. Spain's Minimum Wage is the lowest amount a worker can be legally paid for his work. Help us keep up-to-date! The minimum wage (SMI, or Salario Mínimo Interprofesional) applies to all workers regardless of their age, gender, or employment contract in Spain. For people employed as domestic workers in someone’s home, the minimum wage in Spain per hour comes out to around €5.76 per hour, assuming their duties aren’t fixed to a monthly or yearly wage. The Spanish economy could contract by more than 12% in 2020, depressing the employment rate to 80%. Spain approved what it calls a living minimum wage for low-income households in a bid to help its working poor, a problem aggravated by the coronavirus crisis. The minimum wage per daily in 2013 in Spain was 21.51 euro. Employment law in Spain Employment law in Spain covers more than just minimum wage. The median, the maximum, the minimum, and the range. The yearly minimum wage of 12600 euros is arrived at by multiplying monthly wage by 14. Spain is a country located in the Southern Europe region with a population of 39,441,700 and an average life span of 78.8 years. General labor laws also apply even if the working relationship lasts less than three months. Some workers might find compensation, however, in the particularly generous holiday allowance in Spain. Spain's government will approve a 22 percent increase in the minimum wage to 900 euros (813.35 pounds) per month on Dec. 21, Prime Minister Pedro Sanchez said on Wednesday. Their employer must also adhere to general Spanish labor law and pay a domestic helper salary of at least a pro-rata Spanish minimum wage per hour (if less than a full day). Domestic workers in households are employees. 10Y. ← Back to International Minimum Wages Home. In 2019, Spain to raise Minimum Wage 22 percent NEWS DIGEST–Spanish Prime Minister Pedro Sanchez said Wednesday his cabinet would approve next week a 22 per cent increase in the monthly minimum wage to 1,050 euros ($1,192) in 2019. The reforms will make the biggest difference for women, who perform the bulk of part-time and temporary work. Labor laws restrict working hours to nine per day, with a minimum of 12 hours rest between working days. This site uses functional cookies and external scripts to improve your experience. Ministry of Employment and Social Security. Your employer should provide you with a payslip clearly stating the name of the company and worker, salary, and deductions (including the worker’s social security contributions and IRPF or income tax deductions). Many industries in Spain operate collective agreements. Furthermore, many states have enacted or proposed legislation to gradually increase the minimum wage by increments over the next several years to reach a specific wage. The announcement came as a perfect surprise: the newly-elected socialist government under PM Pedro Sánchez raised Spain’s minimum wage by 22 percent to 1050 Euros, making it one of the highest across the EU. This must either be paid at the same (or a greater) level, or be reimbursed through paid time off. Many workers in Spain receive salary 14 times a year (with additional payments in July and December). However, while Spain’s minimum wage is above some of its European peers, it remains well below the highest national minimum wages in Luxembourg, Belgium, Ireland, the Netherlands, France, and the UK. The minimum wage in Spain is known as the SMI (Salario Mínimo Interprofesional) Spanish minimum wages are expressed as daily, monthly and annual calculations. NOTE: These settings will only apply to the browser and device you are currently using. However, the states have the power to increase the federal minimum wage as 29 of them did. Announcing the reforms in December 2019, Spanish Prime Minister Pedro Sánchez announcing that “a rich country cannot have poor workers.” The rise is significantly higher than the 4% increase in 2018. The minimum salary in Barcelona is currently of € 900 (salario minimo interprofessional).