Most countries have a nation-wide minimum wage that all workers must be paid. The minimal wage for full-time employees is … Latvia's Minimum Wage is the lowest amount a worker can be legally paid for his work. The government of Latvia punishes any employer who pays wages below the legal minimum. 665 regarding the Minimum Monthly Salary and the Minimum Hourly Wage Rate, adopted on 27 August 2013; Cabinet Order No. The Latvia minimum wage is €370 a month for all workers. Source. The minimal wage for full-time employees is calculated on 40 hours in seven day period and 8 hours per day by the Labour Law ( Part D Working Time and Rest Time Division Six Working Time Chapter 31 General Provisions Regarding Working Time) (01.06.2002). No worker in Latvia should be paid less then this minimum pay rate.Statute 2 (27.08.2013) states both the minimal wage for full-time employees and a set minimum hourly wage. The Latvia minimum wage is €370 a month for all workers. Usually full-time employees work 8 hours per day for five days and have weekends off. Latvia has a government-mandated minimum wage, and no worker in Latvia can be paid less then this mandatory minimum rate of pay. Most countries have a nation-wide minimum wage that all workers must be paid. As of 2019, Latvia has maintained its national minimum wage for the last year which was $473.713 per month. While we take all precautions to ensure that the data on this site is correct and up-to-date, we cannot be held liable for the accuracy of the labor law data we present.This site is a free public service not affiliated with the Department of Labor or any governmental organization.
Minimum Wages in Latvia averaged 233.15 EUR/Month from 1999 until 2019, reaching an all time high of 430 EUR/Month in the second quarter of 2018 and a record low of 75.18 EUR/Month in the second quarter of 1999.
In 2020, the national minimum wage in Latvia remained fixed at 430 € per month, that is … Statute 2 (27.08.2013) states both the minimal wage for full-time employees and a set minimum hourly wage. Employers in Latvia who do not pay the Minimum Wage may be subject to punishment by the government of Latvia.
Latvia's minimum wage was last changed in 1-Jan-2016. Latvia has a government-mandated minimum wage. Minimum Wage in Latvia. This translates to $5,684.60 per year, assuming that an employee earns twelve monthly salaries a year.
Employers in Latvia who fail to pay the Minimum Wage may be subject to punishment by Latvia's government. Minimum wage with effect from January 1, 2020 Latvia is a country located in the Baltic Countries region with a population of 2,424,200 and an average life span of 68.4 years. This page provides - Latvia Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Minimum wages in Latvia were at 430 EUR/Month in 2019. Latvia's minimum wage was last changed in 1-Jan-2016. Latvia's Minimum Wage is the lowest amount a worker can be legally paid for his work. Sources: §107 of Latvian Constitution of 1922, reinstated in 1991, last amended in 2016; §61 of Labour Law 2001, last amended 2012; Regulation No. 365 on the Concept of Minimum Wage, adopted on 28 May 2003; §41 of the Latvian Administrative Violations Code; … No worker in Latvia should be paid less then this minimum pay rate. Latvia has a government-mandated minimum wage. The minimum hourly wage, on the other hand, is at $2.3699. Cite this page: © WageIndicator 2020 - WageIndicator.org -
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