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Minimum Wage Netherlands After Tax

Minimum Wage Amendment in 2024

Effective January 1st

Hourly Rate Adjustment

Effective January 1st, 2024, the minimum wage in the Netherlands will be fixed per hour, aligning with international best practices.

Full-Time Employees

For full-time employees over 21 years of age, the minimum wage in 2024 will be set at €13.27 per hour.

Additional Benefits

In addition to the hourly wage, employees may receive tips, holiday allowances, and other benefits. It's important to note that these additional benefits do not count towards the minimum wage calculation.

Conclusion

This amendment to the minimum wage ensures that workers are compensated fairly for their labor. It reflects the government's commitment to supporting a thriving and equitable economy. Employees should be aware of this change and consult with their employers to understand how it may impact their wages.


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