{"id":31803,"date":"2013-02-20T07:06:37","date_gmt":"2013-02-20T05:06:37","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=31803"},"modified":"2013-02-20T08:11:55","modified_gmt":"2013-02-20T06:11:55","slug":"minimum-wages-around-the-world","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/trending\/31803\/minimum-wages-around-the-world\/","title":{"rendered":"Minimum wages around the world"},"content":{"rendered":"<p>With wage debates and uproar fresh in the minds of South African&#8217;s citizens, BusinessTech takes a look at some of the highest minimum wages in the world and how South Africa compares.<\/p>\n<p>The wage calculations below are taken as the gross wage before reductions, taxes and other social payments and does not take into account <a title=\"Wikipedia: Puchasing power parity\" href=\"http:\/\/en.wikipedia.org\/wiki\/Purchasing_power_parity\" target=\"_blank\">purchasing power parity<\/a>.<\/p>\n<p>The figures also do not take into account money accrued through other variables such as paid public holidays (which will differ from country to country), sick days and paid leave.<\/p>\n<p>Working hours per week vary between 36 &#8211; 43 hours a week, and as such all calculations were made on the average of 40 working hours per week and 52 weeks (or 12 months) per year.<\/p>\n<p>For all countries, the lowest possible wage was taken for the calculation.<\/p>\n<h3 class=\"my-4\">The developed world<\/h3>\n<p>Minimum wages in most developed countries are generally high, and take into account many variables such as age, industry and skill level when determining a lowest payable salary.<\/p>\n<p>Australia&#8217;s national minimum wage is set at $15.96 per hour or $606.40 per week (AUS$31,532.80 per year), which, after conversions, translates to R23,945 per month (R287,336.33 per year).<\/p>\n<p>This is compared to the R1,375.94 minimum wage a farm worker in South Africa now gets paid per month.<\/p>\n<h3 class=\"my-4\">Top 12<\/h3>\n<div class=\"table-responsive\"><table class=\"table\" width=\"100%\" border=\"1\" cellspacing=\"0\" cellpadding=\"5\">\n<tbody>\n<tr>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>Country<\/strong><\/td>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>Per day <strong>(local currency)<\/strong><br \/>\n<\/strong><\/td>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>Per week <strong>(local currency)<\/strong><br \/>\n<\/strong><\/td>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>Per month <strong>(local currency)<\/strong><br \/>\n<\/strong><\/td>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>Per year (local currency)<br \/>\n<\/strong><\/td>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>Per year (US$)<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Australia<\/td>\n<td>&#8211;<\/td>\n<td>606.40<\/td>\n<td>&#8211;<\/td>\n<td>31532.80<\/td>\n<td>32680.59<\/td>\n<\/tr>\n<tr>\n<td>Luxembourg<\/td>\n<td>&#8211;<\/td>\n<td>&#8211;<\/td>\n<td>1801.49<\/td>\n<td>21617.88<\/td>\n<td>28872.84<\/td>\n<\/tr>\n<tr>\n<td>Switzerland<\/td>\n<td>&#8211;<\/td>\n<td>&#8211;<\/td>\n<td>2200.00<\/td>\n<td>26400.00<\/td>\n<td>28645.85<\/td>\n<\/tr>\n<tr>\n<td>Ireland<\/td>\n<td>8.65<\/td>\n<td>&#8211;<\/td>\n<td>&#8211;<\/td>\n<td>17992.00<\/td>\n<td>24030.12<\/td>\n<\/tr>\n<tr>\n<td>New Zealand<\/td>\n<td>13.50<\/td>\n<td>&#8211;<\/td>\n<td>&#8211;<\/td>\n<td>28080.00<\/td>\n<td>23890.46<\/td>\n<\/tr>\n<tr>\n<td>Belgium<\/td>\n<td>&#8211;<\/td>\n<td>&#8211;<\/td>\n<td>1472.40<\/td>\n<td>17668.80<\/td>\n<td>23598.45<\/td>\n<\/tr>\n<tr>\n<td>Netherlands<\/td>\n<td>&#8211;<\/td>\n<td>333.85<\/td>\n<td>&#8211;<\/td>\n<td>17360.20<\/td>\n<td>23200.17<\/td>\n<\/tr>\n<tr>\n<td>France<\/td>\n<td>&#8211;<\/td>\n<td>&#8211;<\/td>\n<td>1425.67<\/td>\n<td>17108.04<\/td>\n<td>22849.50<\/td>\n<\/tr>\n<tr>\n<td>United Kingdom<\/td>\n<td>6.19<\/td>\n<td>&#8211;<\/td>\n<td>&#8211;<\/td>\n<td>12875.20<\/td>\n<td>19977.16<\/td>\n<\/tr>\n<tr>\n<td>San Marino<\/td>\n<td>7.04<\/td>\n<td>&#8211;<\/td>\n<td>&#8211;<\/td>\n<td>14643.20<\/td>\n<td>19557.46<\/td>\n<\/tr>\n<tr>\n<td>Canada<\/td>\n<td>9.27<\/td>\n<td>&#8211;<\/td>\n<td>&#8211;<\/td>\n<td>19281.60<\/td>\n<td>19273.89<\/td>\n<\/tr>\n<tr>\n<td>United States<\/td>\n<td>7.25<\/td>\n<td>&#8211;<\/td>\n<td>&#8211;<\/td>\n<td>15080.00<\/td>\n<td>15080.00<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<h3 class=\"my-4\">Looking at Africa<\/h3>\n<p>As expected, African nations &#8211; as well as other developing nations across the world &#8211; fall far below the more developed countries.<\/p>\n<p>In some cases, countries do not have a national minimum wage, but one is set by different industry bodies.<\/p>\n<div class=\"table-responsive\"><table class=\"table\" width=\"100%\" border=\"1\" cellspacing=\"0\" cellpadding=\"5\">\n<tbody>\n<tr>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>Country<\/strong><\/td>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>Per day <strong>(local currency)<\/strong><br \/>\n<\/strong><\/td>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>Per week <strong>(local currency)<\/strong><br \/>\n<\/strong><\/td>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>Per month <strong>(local currency)<\/strong><br \/>\n<\/strong><\/td>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>Per year <strong>(local currency)<\/strong><br \/>\n<\/strong><\/td>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong><strong>Per year (US$)<\/strong><\/strong><\/td>\n<\/tr>\n<tr>\n<td>Egypt<\/td>\n<td>&#8211;<\/td>\n<td>&#8211;<\/td>\n<td>700.00<\/td>\n<td>8400.00<\/td>\n<td>5408.38<\/td>\n<\/tr>\n<tr>\n<td>Algeria<\/td>\n<td>&#8211;<\/td>\n<td>&#8211;<\/td>\n<td>18000.00<\/td>\n<td>216000.00<\/td>\n<td>2755.45<\/td>\n<\/tr>\n<tr>\n<td>South Africa<\/td>\n<td>&#8211;<\/td>\n<td>&#8211;<\/td>\n<td>1375.94<\/td>\n<td>16511.28<\/td>\n<td>1876.31<\/td>\n<\/tr>\n<tr>\n<td>Tunisia<\/td>\n<td>&#8211;<\/td>\n<td>&#8211;<\/td>\n<td>218.00<\/td>\n<td>2616.00<\/td>\n<td>1681.88<\/td>\n<\/tr>\n<tr>\n<td>Republic of Congo<\/td>\n<td>&#8211;<\/td>\n<td>&#8211;<\/td>\n<td>54000.00<\/td>\n<td>648000.00<\/td>\n<td>1314.53<\/td>\n<\/tr>\n<tr>\n<td>Botswana<\/td>\n<td>3.8<\/td>\n<td>&#8211;<\/td>\n<td>&#8211;<\/td>\n<td>7904.00<\/td>\n<td>995.11<\/td>\n<\/tr>\n<tr>\n<td>Kenya<\/td>\n<td>&#8211;<\/td>\n<td>&#8211;<\/td>\n<td>2536.00<\/td>\n<td>30432.00<\/td>\n<td>347.99<\/td>\n<\/tr>\n<tr>\n<td>Uganda<\/td>\n<td>&#8211;<\/td>\n<td>&#8211;<\/td>\n<td>6000.00<\/td>\n<td>72000.00<\/td>\n<td>27.32<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<h3 class=\"my-4\">BRICS nations<\/h3>\n<p>In terms of the BRICS nations (Brazil, Russia, India, China and South Africa), SA sits in the middle when it comes to minimum wages.<\/p>\n<p>Neither India nor China have a set minimum wage across the entire country, but each region and province has its own set minimum.<\/p>\n<p>In China, for example, Beijing and Shanghai employees get a minimum wage of around $200 per month, compared to the Jiangxi, which has a set minimum of between $80 and $115.<\/p>\n<div class=\"table-responsive\"><table class=\"table\" width=\"100%\" border=\"1\" cellspacing=\"0\" cellpadding=\"5\">\n<tbody>\n<tr>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>Country<\/strong><\/td>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>Per day <strong>(local currency)<\/strong><br \/>\n<\/strong><\/td>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>Per week <strong>(local currency)<\/strong><br \/>\n<\/strong><\/td>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>Per month <strong>(local currency)<\/strong><br \/>\n<\/strong><\/td>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>Per year <strong>(local currency)<\/strong><br \/>\n<\/strong><\/td>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong><strong>Per year (US$)<\/strong><\/strong><\/td>\n<\/tr>\n<tr>\n<td>Brazil<\/td>\n<td>&#8211;<\/td>\n<td>&#8211;<\/td>\n<td>678.00<\/td>\n<td>8136.00<\/td>\n<td>4155.89<\/td>\n<\/tr>\n<tr>\n<td>South Africa<\/td>\n<td>&#8211;<\/td>\n<td>&#8211;<\/td>\n<td>1375.94<\/td>\n<td>16511.28<\/td>\n<td>1876.31<\/td>\n<\/tr>\n<tr>\n<td>Russia<\/td>\n<td>&#8211;<\/td>\n<td>&#8211;<\/td>\n<td>4330.00<\/td>\n<td>51960.00<\/td>\n<td>1726.47<\/td>\n<\/tr>\n<tr>\n<td>China<\/td>\n<td>&#8211;<\/td>\n<td>&#8211;<\/td>\n<td>500.00*<\/td>\n<td>6000.00<\/td>\n<td>962.69<\/td>\n<\/tr>\n<tr>\n<td>India<\/td>\n<td>&#8211;<\/td>\n<td>&#8211;<\/td>\n<td>3000.00*<\/td>\n<td>36000.00<\/td>\n<td>666.88<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p><small>* Varies per region, lowest set wage taken<\/small><\/p>\n<h3 class=\"my-4\">More stories on world money<\/h3>\n<p><a title=\"The iPod Index - where SA fits in\" href=\"http:\/\/businesstech.co.za\/news\/electronics\/17882\/the-ipod-index-where-sa-fits-in\/\" target=\"_blank\"><strong>The iPod Index \u2013 where SA fits in<\/strong><\/a><\/p>\n<p><a title=\"Employment slump in telecoms sector\" href=\"http:\/\/businesstech.co.za\/news\/general\/28826\/employment-slump-in-telecoms-sector\/\"><strong>Employment slump in telecoms sector<\/strong><\/a><\/p>\n<p><a title=\"IT jobs in SA: good news and bad news\" href=\"http:\/\/businesstech.co.za\/news\/general\/24646\/it-jobs-in-sa-good-news-and-bad-news\/\"><strong>IT jobs in SA: good news and bad news<\/strong><\/a><\/p>\n<p><a title=\"Forbes lists Africa\u2019s power players\" href=\"http:\/\/businesstech.co.za\/news\/general\/10779\/forbes-lists-africas-power-players\/\"><strong>Forbes lists Africa\u2019s power players<\/strong><\/a><\/p>\n<p><a title=\"Richest IT people in South Africa\" href=\"http:\/\/businesstech.co.za\/news\/general\/22288\/richest-it-people-in-south-africa\/\"><strong>Richest IT people in South Africa<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BusinessTech looks at minimum wages across the world, and how South Africa compares.<\/p>\n","protected":false},"author":14,"featured_media":31806,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1174,2091,26,5179],"class_list":["post-31803","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending","tag-africa","tag-brics","tag-headline","tag-minimum-wage"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/31803","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=31803"}],"version-history":[{"count":8,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/31803\/revisions"}],"predecessor-version":[{"id":32003,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/31803\/revisions\/32003"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/31806"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=31803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=31803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=31803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}