Minimum wage increased

IMPACT – MEDIUM

The Dutch government increased the gross minimum wage by 1.8% on July 1.

Key Points:

• The gross minimum wage for full-time employees who are 21 and older increased from €1,725.00 to €1,756.20 per month.
• The gross minimum wage for those who are under 21 is available here.
• Minimum wage requirements for work-related residence permits remain unchanged by the July 1  increase.

BAL Analysis: Businesses may see a slight increase in labor costs because of the new minimum wage. Employers should take the new wage minimums into account and adjust their budgets if necessary. BAL will provide updates on salary minimums for foreign workers as information becomes available.

This alert has been provided by the BAL Global Practice group. For additional information, please contact berryapplemanleiden@bal.com.

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