Minimum wage

What is the minimum wage?

The national minimum wage (NMW) sets the minimum salary amount that the worker be charged concerning the legal working day, without distinction as to sex or age of the workers, are fixed, casual or seasonal.

The value which takes the NMW is fixed each year by the Government, through the publication of a Royal Decree.

For the year 2017 the Ministry of employment and Social Security set the national minimum wage in the following values:

• Minimum daily wage: €23.59
• Minimum monthly wage: €707,60
• Annual minimum wage: €9.906,40 (14 instalments)

These values represent an increase of 8% over the last year 2016.

Evolution of the national minimum wage

NMW in Europe

In the following table you can see a comparison with the minimum wage from different countries of the European Union by 2015. Data have been extracted from the statistics community Office, better known as Eurostat. These data refer to the SMI based on a model of 12 annual payments, reason by which differs from the value shown previously in Spain which is based on a model of 14 instalments.

Country	NMW Month
Luxemburgo	1.922,96 €
Bélgica	1.501,82 €
Irlanda	1.461,85 €
Holanda	1.501,80 €
Francia	1.457,52 €
Gran Bretaña	1.378,87 €
España	756,70 €
Grecia	683,76 €
Portugal	589,17 €
Polonia	409,53 €
Rumanía	217,50 €
Bulgaria	184,07 €