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IMPACT – MEDIUM
What is the change? Norway has increased its minimum salaries for workers, including foreign nationals.
What does the change mean? The new thresholds are 382,900 kroner (about US$45,500) per year (pre-tax) for positions requiring a bachelor’s degree and 412,600 kroner (about US$49,060) per year (pre-tax) for positions requiring a master’s degree.
Background: Foreign employees applying for residence permits must meet the same pay and working conditions as Norwegian workers in the same occupation and location.
BAL Analysis: Employers should budget for the increases and make sure they are in compliance with the new salary minimums.
This alert has been provided by the BAL Global Practice group and our network provider located in Norway. For additional information, please contact your BAL attorney.
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