Minimum wage to rise as of July 1 after all

28 maart 2024

Employers’ organizations VNO-NCW and MKB-Nederland had discouraged the additional increase, as the minimum wage has already been raised substantially and thus causes sharply rising wage costs.

Previous increases

Grafiek

In 2023, for example, the minimum wage increased by more than 10%. As of Jan. 1 of this year, it increased again by 3.75%. Also, as of that date, the minimum wage was also based on a 36-hour work week. Employees who contractually work more than 36 hours therefore gained more than 3.75% as of Jan. 1, 2024.

Please note!

The increase in the minimum wage also affects benefits, such as AOW pension and welfare.

Bron: SRA