ADVERTISING
 
Tuesday, August 21   Sign in or Register
 
Evangelical Focus
 
Flecha
 
ADVERTISING
 
 
FOLLOW US ON
  • Twitter
  • Facebook
  • Google +
  • Instagram
  • Soundcloud
 

Newsletter
Newsletter, sign up to receive all our News by email.
 
 

POLL
New season
What kind of contents do you enjoy most?






SEE MORE POLLS
 

 
TOP 10 MOST VIEWED



Europe
 

The highest and lowest wages in Europe

According to Eurostat, the highest average gross hourly earnings were recorded in Denmark followed by Ireland. The lowest, in Bulgaria and Romania.

SOURCES Eurostat, El País AUTHOR Evangelical Focus LUXEMBOURG 24 APRIL 2015 09:25 h GMT+1

Eurostat has published a study that compares and contrasts figures on wages and labour costs (employers’ expenditure on personnel) in the European Union members, EU candidates, and European Free Trade Association (EFTA) countries.



From the point of view of businesses, labour represents a cost (labour costs) that includes not only the wages and salaries paid to employees but also non-wage costs, mainly social contributions payable by the employer. Therefore, it is a key to determine the business competitiveness, along with the cost of capital (for example interests on loans and dividends on equity) and non-price elements such as innovation and the brand / products positioning on the market.



For the employees, the compensation received for their work, more commonly called wages or earnings, generally represents their main source of income and therefore has a major impact on their ability to spend or save.



 



LABOUR COSTS



The average hourly labour cost in the European Union was estimated at 24.60€ in 2014 and at 29.20€ in the euro area. However, the differences between the EU member states´ hourly labour costs are bigger, ranging between 3.80€ and 40.30€.



Gross earnings are the largest part of labour costs. Among EU members, the highest median gross hourly earnings were recorded in Denmark (25.00€), followed by Ireland (18.30€) and Luxembourg (17.80€).



The lowest were recorded in Bulgaria, with 1.50€, Romania (2.00€), Lithuania (2.70€) and Latvia (2.90€). This means that the median gross hourly earnings of the EU states with the highest value was 16 times as high as the hourly earnings of the EU country with the lowest value when expressed in Euros.



 



Median gross hourly earnings, all employees (excluding apprentices). / Eurostat



Comparing this figures with the last ones recorded in the survey of 2008, the countries with the lowest hourly earnings remain the same, but in the countries with the highest earnings, Ireland is the one who has suffered the crisis more, and it  is now in the fourth position, while it was the third in 2008.



 



LOW- WAGE EARNERS



Low-wage earners are defined as those employees earning two thirds or less of the national median gross hourly earnings in a particular country.



Compared with 2006, the earliest reference year available for the same data collection, the share of low-wage earners remained relatively stable, having gone up 0.2 percentage points in the EU and 0.4 percentage points in the euro area.



 



Low-wage earners. /Eurostat



The countries with the highest proportions of low-wage earners were Latvia and Lithuania, while Sweden, Finland, France, Belgium and Denmark had the lowest proportions.



GENDER PAY GAP



Despite some convergence, there remains a substantial difference between the average earnings of men and women in the EU, a concept commonly known as the gender pay gap. In 2013, in the EU-28 as a whole, women were paid, on average, 16.4 % less than men. The smallest differences in average pay between the sexes were found in Slovenia, Malta, Poland, Italy, Croatia, Luxembourg, Romania and Belgium (less than 10.0 % difference). The biggest gender pay gaps were identified in Estonia, Austria, the Czech Republic and Germany.



Many women work part-time or under atypical contracts: although this permits them to remain in the labour market while managing family responsibilities, it can have a negative impact on their pay, career development, promotion prospects and pensions.



 



Gender pay gap. / Eurostat



Although it is obvious that the salary differences between European countries are so big, it is also true that the cost of living in those countries with a higher hourly labour costs is bigger, and we should take that data into account to fully analyze the economic and social situation of the citizens of those countries.


 

 


0
COMMENTS

    If you want to comment, or

 



 
 
YOUR ARE AT: - - The highest and lowest wages in Europe
 
ADVERTISING
 
 
 
AUDIOS Audios
 
Nominal Christianity, a mission field for the church Nominal Christianity, a mission field for the church

An interview with Lars Dahle, of the Steering Committee of the Lausanne Movement Global Consultation on Nominal Christianity held in Rome.

 
Ruth Valerio: A lifestyle that cares about creation Ruth Valerio: A lifestyle that cares about creation

Are Christians called to make a difference in environmental care? What has creation care to do with "loving our neighbours"? An interview with the Global Advocacy and Influencing Director of Tearfund.

 
Kathy Bryan: Online sex trafficking in the USA Kathy Bryan: Online sex trafficking in the USA

“Prostitution is nobody’s dream,  it’s a very traumatic lifestyle”, says Kathy Bryan, director of the Elevate Academy. She mentors former victims.

 
Christians in politics? Christians in politics?

What is the role of Christians serving in politics? An interview with Auke Minnema, the new General Director of the European Christian Political Movement (ECPM).

 
Michael Ramsden: Communicating the Gospel in today’s societies Michael Ramsden: Communicating the Gospel in today’s societies

RZIM International Director Michael Ramsden responds to questions about the secularisation of Europe, the role of Christians in public leadership and the new ‘culture of victimism’.

 
PICTURES Pictures
 
Sharing Jesus with World Cup fans in Moscow Sharing Jesus with World Cup fans in Moscow

A team of Steiger mission is starting conversations about the gospel in the middst of the football celebration in Russia.

 
Analysing current issues in the light of the Bible Analysing current issues in the light of the Bible

At the 2018 Apologetics Forum in Comarruga (Spain), Michael Ramsden, Pablo Martinez, Ruth Valerio and José de Segovia analysed how society and the Bible approach the issues of personal identity, integrity, sexuality, pop culture, and environmental care.

 
European “Bridges to Inclusion” gathering 2018, in Riga European “Bridges to Inclusion” gathering 2018, in Riga

The network of Christian ministries working for the inclusion of people with disabilities, celebrated its tenth continental meeting in Latvia with the participation of 12 countries.

 

 
VIDEO Video
 
How the loss of universal values led to a loss of civility How the loss of universal values led to a loss of civility

Author Bruce Little: “We have moved from a sense of responsibility to ‘my personal rights’”.

 
Being a peacemaker Being a peacemaker

Ken Sande, Founder and President of Relational Wisdom 360, develops a practical systematic theology for pursuing peace and resolving the conflicts of real life. 

 
“No one should have to leave their values at the door” “No one should have to leave their values at the door”

Author Krish Kandiah talks with politician Tim Farron about the Christian faith, politics and secularism.

 
What are the essential characteristics of a godly leader? What are the essential characteristics of a godly leader?

Clinical Pastoral Counsellor Emoke Tapolyai reflect on three characteristics Christians who have been given leadership roles should develop.

 
Reaching non-Christian ‘Christians’ Reaching non-Christian ‘Christians’

How can we reach those who call themselves ‘Christians’ but have not experienced a conversion to Christ? Forty missiologists and mission practitioners came together for a Lausanne Movement global consultation in Rome.

 
 
Follow us on Soundcloud
Follow us on YouTube
 
 
WE RECOMMEND
 
PARTNERS
 

 
AEE
EVANGELICAL FOCUS belongs to Areópago Protestante, linked to the Spanish Evangelical Alliance (AEE). AEE is member of the European
Evangelical Alliance and World Evangelical Alliance.
 

Opinions expressed are those of their respective contributors and do not necessarily represent the views of Evangelical Focus.