Wage minimums for permit holders set to increase

IMPACT — MEDIUM

The Dutch government announced that new minimum wages for permit holders will take effect Jan. 1, 2023.

Key Points:

• The national monthly minimum wage for highly skilled migrants and key personnel intra-corporate transferees who are 30 and older will be increased to €5,008.

• Highly skilled migrants and key personnel intra-corporate transferees who are younger than 30 will need to be paid at least €3,672.
• Foreign nationals who have graduated in the Netherlands will need to be paid at least €2,631.
• Blue Card holders will need to be paid at least €5,867.
• The minimum salary requirements for highly skilled migrants and intra-corporate transferees exclude an 8% mandatory holiday allowance.

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 when planning their 2023 budgets. BAL will provide updates on the 2023 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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