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Statutory Minimum Wage as of 1 January 2016

On December 21, 2015 by WePayPeople

Each year on 1 January and 1 July the minimum wage is adjusted. In July the minimum wage was raised by 0.40%. As of 1 January 2016, you will have to pay your fulltime employees from the age of 23 at least €1,524.60 gross per month. This means the minimum wage increases 1.11% compared to the current minimum wage.

As a legal employer WePayPeople is obliged to implement this raise for all employees subject to this scheme. WePayPeople is NEN-certified. Part of this certification is correct payment. This is checked by the Labour Standards Association. For both our customers and the employees this implies an important change. This is why we inform our customers and employees.

Statutory minimum wage (gross) as of 1 January 2016

Age Monthly Weekly Daily
23 yrs and older € 1.524,60 € 351,85 € 70,37
22 yrs € 1.295,90 € 299,05 € 59,81
21 yrs € 1.105,35 € 255,10 € 51,02
20 yrs € 937,65 € 216,40 € 43,28
19 yrs € 800,40 € 184,70 € 36,94
18 yrs € 693,70 € 160,10 € 32,02
17 yrs € 602,20 € 139,00 € 27,80
16 yrs € 526,00 € 121,40 € 24,28
15 yrs € 457,40 € 105,55 € 21,11

In view of the fact that a full working week may not be the same for each company, there is no statutory minimum hourly wage. In order to calculate the minimum hourly wages, you must divide the weekly wages by the number of hours per week that count in your company as fulltime employment. Below you will find the calculation of the hourly wages for working weeks of 36, 38 and 40 hours respectively.

Age 36 hours/ week 38 hours/ week 40 hours/ week
23 yrs and older € 9,78 € 9,26 € 8,80
22 yrs € 8,31 € 7,87 € 7,48
21 yrs € 7,09 € 6,72 € 6,38
20 yrs € 6,02 € 5,70 € 5,41
19 yrs € 5,14 € 4,87 € 4,62
18 yrs € 4,45 € 4,22 € 4,01
17 yrs € 3,87 € 3,66 € 3,48
16 yrs € 3,38 € 3,20 € 3,04
15 yrs € 2,94 € 2,78 € 2,64

Younger than 15?

For employees younger than 15 there is no minimum wage. Rounding off of the total amount may never result in a salary below the statutory minimum wage.

Questions?

Do you have any questions about the statutory minimum wage? Please contact WePayPeople at +31 (0) 20 820 15 60.

Source: Overheid.nl