Which European countries have the highest salaries? Such a question is often of interest to Ukrainians who were forced to move to other countries because of the war.
After analyzing data on average salaries in different European countries, he tells where you can earn the most.
Switzerland often takes the first place in most ratings by the level of salaries in Europe (by the way, this country is not a member of the European Union). The average net salary after taxes in Switzerland is €5,542 per month. This country is considered one of the most prosperous in the world. Many highly qualified specialists dream of moving to Switzerland.
Recently, the country has experienced a shortage of personnel in various sectors of the economy. At the same time, one should not forget that the cost of living in Switzerland is quite high. However, the average net salary allows you to maintain a decent standard of living.
The main economic sectors of Switzerland are the banking sector, trade, industry, engineering, high technologies, pharmaceuticals, food, textile and chemical industries.
This country has one of the highest GDP per capita, developed infrastructure, great opportunities for career growth. Especially for those who have a good command of one of the official languages - German, French, Italian (another official language is Romansh, but it is the least common).
Switzerland has a well-developed service sector. There are also many hotels and restaurants that are in demand among tourists from many countries around the world.
The second place in terms of salaries is occupied by the small state of Luxembourg, located in Western Europe. The following industries play a significant role in the economy of Luxembourg: banking sector, industry, steel production.
The financial sector is especially developed here. More than 200 banks and 1,000 investment funds operate in Luxembourg, many international companies open their offices here. This has a positive effect on the local labor market and allows attracting qualified specialists from all over the world.
High GDP per capita, stable economy, great career opportunities - all this makes Luxembourg one of the best countries in Europe for professional emigration. The average net salary in Luxembourg is around 4,358 euros per month. If you are a highly qualified professional with valuable skills, you can earn significantly more in Luxembourg.
What is the minimum wage in European countries in 2023
Pay attention. If you do not speak the language of the country you have moved to or are planning to move to, chances of finding a job with an "average" salary are usually less.
It is far from easy for foreigners to get a job in European countries. For example, if you have worked as a lawyer all your life, then after moving to France or Germany, you must first study the local legislation and language, undergo retraining, and master the language. Medical diplomas issued outside the EU also require re-examination and re-qualification.
Therefore, many people work in jobs that are not their main specialty and often receive a salary close to the minimum. We will talk about the minimum salary you can get in European countries later.
According to the latest Eurofound data, according to the level of the minimum wage, European countries can be conditionally divided into 3 groups. Group 1 includes countries where the monthly salary ranges from EUR 399 to EUR 840 (Poland is included in this group). In the 2nd group earn from 887 to 1304 euros per month, and in the countries of the 3rd group you can get more than 1700 euros per month.
Minimum wages in EU countries sometimes differ greatly. The difference between the minimum rates sometimes even exceeds 1000 euros. The highest minimum wage in Europe is almost 7 times higher than the lowest (Bulgaria – 399 euros, Luxembourg – 2387 euros).
The Europa Jobs resource lists the minimum rates applicable in some European countries in 2023. The level of minimum wages can change in the direction of increase, if such a decision is taken in one or another country.
1 group. Minimum wage
- Bulgaria: 399 euros
- Hungary: 579 euros
- Romania: 606 euros
- Latvia: 620 euros
- Croatia: 700 euros
- Slovakia: 700 euros
- Czech Republic: 717 euros
- Estonia: 725 euros
- Poland: 746 euros
- Malta: 835 euros
- Lithuania: 840 euros
2nd group
- Portugal: 887 euros
- Spain: 1,167 euros
- Slovenia: 1,304 euros
3 group
- France: 1,709 euros
- Ireland: 1910 euros
- The Netherlands: 1,934 euros
- Belgium: 1955 euros
- Germany: 1981 euros
- Luxembourg 2.387 euros
According to the materials: www.rbc.ua