Minimum Wage Rates for 2015 - January 2015

Several countries will be revising their minimum wages in the new year. Following table shows list of countries who have announced new rates for 2015, their wage rates for the year 2014 and percentage increase over the year.

· 4400.00 pesos per month

· 4716.00 pesos per month

7.20%

Wage per month 

Wage per month 

4%

· Maquila, textiles and clothing - $ 202.80 Commerce and service - $ 242.40 

· Maquila, textiles and clothing - $210.50, 

· Agricultural - $ 113.70 

· Commerce and service – $251.70, 

· Coffee Harvest Collection - $ 123.90 

· Agriculture- $118.20, 

· Sugar Harvest Collection - $ 105.00 

· Coffee harvest collection -$129.00, 

· Cotton Harvest Collection - $ 94.80

· Sugar harvest collection -$109.20, 

· Cotton harvest collection- $98.70.

· Zone A: 67.29 pesos per day; 

· Zone A: 70.10 pesos per day; 

4%

· Zone B: 63.77 pesos per day

· Zone B: 66.45 pesos per day

· 33 provinces have set new minimum wage with an increase ranging from 8% to 30%

· 33 provinces have set new minimum wage with an increase ranging from 5% to 28%

· Region I: VND2.7 million a month, 

· Region I: VND3.1 million a month, 

15%

· Region II: VND2.4 million per month, 

· Region II: VND2.75 million per month, 

· Region III: VND2.1 million and 

· Region III: VND2.4 million and 

· Region IV: VND1.9 million per month

· Region IV: VND2.15 million per month

· 1035 LTL per month 

· 300€/month or 

From January 1, 2015 Lithuania joins the € zone

· or 6.27 LTL per hour

· 1.82 € per hour

· 320 €s a month or 

· 360 €s a month or 

13%

· 1.933 €s per hour

· 2.166 €s per hour.

· Per month: € 1485.65 

· Per month: € 1,501.80 

1.04%

· Per week : € 342.85 

· Per week : € 346.55 

· Per hour : € 9.02

· Per day: € 69.31

· € 8.50 per hour

· 355 €s per month or 

· 390 €s per month or 

10%

· 2.13 €s per hour

· 2.34 €s per hour

· 1,660,000.00 BYR per month

· 2,100,000.00 BYR per month

26.50%

· 19,966.00 KZT per month

· 21,364.00 KZT per month

7%