Scale of new minimum wage
The minimum wage is the lowest amount of money that an employer is legally required to pay an employee for a certain period of time, usually an hour. The minimum wage varies by country, state, or province, and even by industry or occupation. Here is a rough scale of minimum wages in different countries:
Developed Countries:
- United States: $7.25 per hour (federal minimum wage, varies by state)
- Canada: $15.00 per hour (federal minimum wage, varies by province)
- United Kingdom: £8.91 per hour (national minimum wage, varies by age and industry)
- Germany: €9.35 per hour (national minimum wage)
- Australia: AU$19.49 per hour (national minimum wage)
- Japan: ¥930 per hour (national minimum wage)
Developing Countries:
- India: ₹176 per hour (national minimum wage, varies by state)
- China: ¥2.30 per hour (national minimum wage, varies by province)
- Brazil: R$1,045 per month (national minimum wage, varies by state)
- South Africa: R20.00 per hour (national minimum wage)
- Mexico: MXN 123.00 per day (national minimum wage, varies by state)
Emerging Markets:
- Russia: RUB 12,130 per month (national minimum wage)
- Turkey: TRY 4,250 per month (national minimum wage)
- Poland: PLN 3,600 per month (national minimum wage)
- South Korea: KRW 8,350 per hour (national minimum wage)
- Thailand: THB 313 per day (national minimum wage)
Please note that these figures are subject to change and may not reflect the current minimum wage in each country. Additionally, minimum wages can vary significantly within a country depending on the industry, occupation, or region.