Luxembourg Minimum Wage Rate 2018
Luxembourg has a government-mandated minimum wage, and no worker in Luxembourg can be paid less then this mandatory minimum rate of pay. Employers in Luxembourg who fail to pay the Minimum Wage may be subject to punishment by Luxembourg's government.
What is the Luxembourg Minimum Wage?
Luxembourg's Minimum Wage is the lowest amount a worker can be legally paid for his work. Most countries have a nation-wide minimum wage that all workers must be paid.
Luxembourg's minimum wage rate for unskilled workers older than 18 is €1,9922.96 per month ($2,142.90) or €11.12 per hour ($12.39). Skilled employees over 18 receive 20% more,or a minimum of €23,907.55 per month.For those under 18,the rate is 20-25% lower than the unskilled rate. Luxembourg's minimum wage was last changed in 1-Jan-2013.
How does Luxembourg's minimum wage compare to the minimum wage in other countries?
Luxembourg's yearly minimum wage is $19,426.00 in International Currency. International Currency is a measure of currency based on the value of the United States dollar in 2009. There are 2 countries with a higher Minimum Wage then Luxembourg, and Luxembourg is in the top 1 percent of all countries based on the yearly minimum wage rate.
Facts and statistics about Luxembourg
Luxembourg is a country located in the Western Europe region with a population of 435,700 and an average life span of 77.1 years.
|Gross National Product||$16,321.00|
|Government Type||Constitutional Monarchy|
|Continent & Region||Europe, Western Europe|
|Surface Area||2,586 square kilometers|
|ISO 3166 Country Code||LU|
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