Member states of the European Union (EU) and the Parliament.

Came to an agreement on how to make sure that the minimum wage gives people a good quality of life.

Six of the 27 countries that are part of the EU don’t have to have a minimum wage.

This means that those countries won’t have to have one.

However, as part of the agreement, the 21 that do so would be compelled to adhere to common regulations, although not at the same rates as before.

Before it may become law, the agreement must be voted on.

It is believed that one out of every ten employees in the European Union.

Receives the minimum wage, although the percentages vary greatly from nation to nation.

In October, the hourly wage in Germany will go up from €9.82 (£8.40) to €12 (£10.25). This was just approved by the German parliament.

The country with the highest minimum wage in the world is Luxembourg.

Which has a hefty €13.05 per hour.

Bulgaria has the lowest price at €2.19, followed by Romania and Hungary.

Ursula von der Leyen, the president of the European Commission.

Said that the new minimum wage standards will “protect the dignity of work and make sure that work pays.”

Agnes Jongerius, a European Parliament negotiator.

Said in the early hours of Tuesday that the agreement meant that shop-workers would be protected.

This would mean more equitable compensation for cleaning staff as well as postal employees.

The new EU guidelines, she added, would require that national minimum salaries provide enough income for people to live decently.

accounting for rising living expenses and a broader range of wages.

Minimum wage in the EU

She stated that 22 EU nations now fall short of that benchmark.

A government might use a basket of products or services to determine whether their minimum wage is enough under the proposed system.

60% of the median gross pay and 50% of the average gross salary should is use to calculate this amount.

Action plan for nations where less than 80% of employees are subject to collective bargaining.

The six EU nations that do not have a minimum wage are unlikely to be affected by the proposed new law.

Rather, collective bargaining is use in Austria; Cyprus; Denmark; Finland; Italy; and Sweden.

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