Countries with the highest minimum wages: where is Mexico located?

Minimum wage in Mexico
Mexico recently raised the minimum wage. Photo: Getty Images.

He minimum wage in Mexico experienced an increase as of January 1, 2023, from 172.87 to 207.44 pesos per day; while in the Northern Border Free Zone it rose from 260.34 to 312.41 pesos per day. However, There are countries that have higher salaries.

Through an article from the World Economic Forum, the highest minimum wage in member countries Organization for Economic Cooperation and Development (OECD).

  • Lowest salaryaccording to the International Labor Organization (ILO), is the amount of the minimum wage that employers must pay to their workers for the work they have done during a certain period.

Which country has the highest minimum wage?

While Japan sat in the middle of the table 38 countries are members of the OECDThe countries with the highest hourly minimum wages are:

  • Luxembourg. The European country has an estimated hourly minimum wage of $15.87 for skilled workers over the age of 18, making it the currently highest-paid country in the world. Unskilled and younger workers are paid less.
  • Australia. It recently raised its national minimum wage to $14.97 per hour. There are differences in minimum wages in Australia, and those under 21 years of age, as well as apprentices, are paid less.
  • New Zealand. In Oceania they require that all adults earn a minimum of $13.41 per hour. This rate applies to adults aged 16 years and over. However, those under 18 years of age must work for the employer for six months to receive the full rate.
  • Dutch. Full-time workers are required by law to be paid $10.27 per hour. However, those under 21 years of age receive less.
  • great Britain. The national minimum wage is $11.43 per hour. As in many other countries, the rate you receive depends on your age. A worker must be 23 years of age or older to receive the full hourly minimum wage.
  • France. Almost all workers can expect to earn $10.71 per hour. However, young apprentices can charge significantly less under a tiered system.
  • German. It increases its national minimum wage to $10.59 per hour in June 2022. This applies to all workers over the age of 18, except the self-employed and some apprentices and trainees.

What country has the highest minimum wage in Latin America?

For Latin America regionMiddle Bloomberg draw up a minimum wage that will start from 2023, with reference to a fixed figure and not the average salary of each countryremaining as follows:

  1. Costa Rica –$603
  2. Uruguay –$540
  3. Chilli –$475
  4. Ecuador –$450
  5. Guatemala –$403
  6. Savior –$365
  7. Paraguay –$349
  8. Panama –$326
  9. Bolivia –$325
  10. Mexico –$325
  11. Honduras –$316
  12. peruvian –$269
  13. Brazil – 250 bucks
  14. Colombia –$242
  15. Dominican Republic –$209
  16. Argentina –$189
  17. Venezuelan – 8 bucks

Roderick Gilbert

"Entrepreneur. Internet fanatic. Certified zombie scholar. Friendly troublemaker. Bacon expert."

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