How is the minimum wage calculated in India? India offers the most competitive labor costs in Asia, with the national-level minimum wage at around INR 176 (US$2.80) per day, which works out to INR 4,576 (US$62) per month .12 Nis 2021
Read moreWhy is Australia minimum wage so high?
Australian firms put more money into capital investment than New Zealand businesses did which made their industrial workers more productive . This resulted in higher wages for not just those workers but workers across all industries in Australia, he said.
Read moreWhich country has highest pay per hour?
Countries With The Highest Minimum Hourly Wages In The World, 2019: RankCountryMinimum hourly wages (USD)1Australia14.142Luxembourg13.143New Zealand11.284France11.24Countries With The Highest Minimum Hourly Wages In The World, 2019 ceoworld.biz › 2019/01/03 › countries-with-the-highest-minimum-hourly-…
Read moreWhat is the minimum wage from 2021?
In April 2021 the NMW is: Apprentices under 19 – £4.30 an hour . Age 16-17 – £4.62 an hour . Age 18-20 – £6.56 an hour .
Read moreWhat is the minimum salary in India?
The national-level minimum salary in India is around Rs 170 per day and 4500 Rs per month . This is the minimum salary according to the reports. It should be noted that it varies from state to state in India and also drastically varies from other factors.
Read moreWhy doesn’t Sweden have a minimum wage?
Sweden. Sweden is often touted as the poster-child for abolishing the minimum wage. However, the Nordic nation using a Nordic model is certainly no free-market free-for-all. Instead, minimum wages are set by sector or industry through collective bargaining .
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