What is the minimum wage per hour in Sweden?

Because Sweden does not have a minimum wage, there is no mandatory minimum rate of pay for workers in Sweden. Pay rates must be agreed upon directly with the employer through collective bargaining or other means of negotiating a fair living wage.

What is the hourly rate in Sweden?

Wages in Sweden averaged 96.86 SEK/Hour from 1980 until 2021, reaching an all time high of 184.60 SEK/Hour in May of 2021 and a record low of -10.99 SEK/Hour in December of 1989. This page provides – Sweden Average Hourly Wages – actual values, historical data, forecast, chart, statistics, economic calendar and news.

Does Sweden have a min wage?

Sweden. Sweden is often touted as the poster-child for abolishing the minimum wage. … Instead, minimum wages are set by sector or industry through collective bargaining. Their currency of choice is the krona.

What is the minimum wage in Sweden in USD?

Minimum Wage and Average Salary

The minimum salary is around 6,400 SEK (660 USD) per month, and the maximum is 210,300 SEK (21,600 USD). Someone working an hourly service industry job can expect to make about 100–110 SEK (10 USD) per hour, which equals to an average annual salary of about 143,000 SEK (14,700 USD).

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What is Sweden’s minimum wage in 2021?

Average Wages in Sweden increased to 183 SEK/Hour (3405.099 USD/Month) in April 2021. The maximum rate of average wage for employees was 184 SEK/Hour and minimum was 134 SEK/Hour.

How much is rent in Sweden?

Accommodation

Short-term Price per night
Long-term Rent per month
One-bedroom apartment (city centre) 9000–12,000 SEK
One-bedroom apartment (suburbs) 7000–10,000 SEK
Student dorm/apartment 3000–6500 SEK

Is Sweden expensive?

On a global scale, Sweden isn’t even in the top 10 most expensive countries. Most surveys rank the overall cost of living below that of the UK, Australia and New Zealand. Americans may find Sweden considerably more expensive than it is at home, however.

What is the basic salary in Sweden?

The salary range for people working in Sweden is typically from 20,534.00 SEK (minimum salary) to 60,385.00 SEK (highest average, actual maximum salary is higher).

What is the working hours in Sweden?

Normal working hours in Sweden are 40 hours a week with an upper limit of 48 hours. Obviously, there is no limit for managers who sometimes have to work at home. Due to the development of telecommunications, more and more Swedes are used to working from home.

How much is a house in Sweden?

House Prices in Sweden

The average price to buy across Sweden is around 53,500 SEK per m² (5,200 USD). The average price to buy a home in Stockholm, Sweden’s most expensive city, is around 74,900 SEK per m² (8,600 USD).

Which country pays highest salary?

Top 10 Countries with the Highest Salary for Workers

  1. Luxembourg. Luxembourg is a small country situated in western Europe.
  2. United States. The United States accounts for approximately 25% of the global GDP. …
  3. Switzerland. …
  4. Norway. …
  5. Netherlands. …
  6. Australia. …
  7. Denmark. …
  8. Canada. …
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What is minimum wage per hour?

Schedule for California Minimum Wage rate 2017-2023.

Date Minimum Wage for Employers with 25 Employees or Less Minimum Wage for Employers with 26 Employees or More
January 1, 2018 $10.50/hour $11.00/hour
January 1, 2019 $11.00/hour $12.00/hour
January 1, 2020 $12.00/hour $13.00/hour
January 1, 2021 $13.00/hour $14.00/hour

What is Norway minimum wage?

Skilled workers: Minimum 189,39 NOK per hour. Semi-skilled workers: 180,87 NOK. Unskilled workers: 172,44 NOK. Supplement for skilled workers on work assignments with overnight stays away from home: Minimum 37,88 NOK per hour.

What is the lowest income in Sweden?

Minimum salaries are generally negotiated through workers’ unions. As a reference, the salary for a McDondald’s cashier is hovering around 101 to 125 Swedish Krona, or roughly 15 USD per hour. As of 2021, in the hotel and restaurant industry, the minimum salary in Sweden is of 23854 SEK or 2820 USD.

Which country has the highest minimum wage?

Luxembourg. Luxembourg is a small, landlocked country bordering Belgium, Germany and France. Although it has under 1 million people, it has the highest minimum wage in the world. That figure stood at $13.79 in 2020 but has increased since.