Minimum and average salary in the Netherlands.

The Netherlands may not be the most popular country among migrants, but it offers good employment opportunities in 2024. A significant reason is the salary in the Netherlands, which can be calculated hourly or monthly. 

Overall, salaries in the Netherlands are relatively high compared to other European countries. As in most developed countries, earnings depend on qualifications and experience. The minimum wage in the Netherlands also varies depending on the schedule and chosen field of activity. Therefore, earnings can vary widely. 

Minimum Wage in the Netherlands

The average and minimum wage in the Netherlands is determined by many factors. But to start, it is essential to mention that the Netherlands — one of the leading economies in Europe, where the level of wages plays a key role in ensuring a high quality of life. In 2024, the country's government continues to control the level of the minimum wage and maintain competitive conditions for all workers. This means that the average salary in the Netherlands is quite an averaged and not always indicative measure. 

It is worth considering that in 2024, Europe is facing a challenging financial situation. In 2024, the minimum hourly rate for workers over 21 years old is set at 11.51 euros per hour. At the same Time, it is important to take inflation into account. Only by combining several factors can we talk about the size of the average (minimum) salary in the country in 2024. 

How Does Profession Affect Wages in the Netherlands? 

The minimum wage in the Netherlands depends on many factors. Even the age of the worker affects this indicator. For example, citizens under 21 receive a sort of minimum wage. At 21 years and older, the rate is 11.51 euros per hour (or 1,995 euros per month for a full working day). However, between the ages of 16 and 17, the rate is 4.61 euros per hour (40% of the full rate).

There are also some peculiar features regarding wages: 

1. In the Netherlands, the minimum wage is determined based on hours worked. A full workweek consists of 36-40 hours depending on the industry.

2. Workers receive their payments monthly, and the minimum monthly wage in 2024 is 1,995 euros.

3. The Dutch government reviews minimum rates annually based on inflation and the state of the economy.

The combination of factors should influence the minimum wage, ensuring a level of fairness. In the context of other European Union countries, the minimum wage in the Netherlands remains one of the highest. The Netherlands is surpassed only by countries like Luxembourg and Ireland, but significantly outperforms Southern European states, such as Greece and Portugal.

What Is the Average Salary in the Netherlands in 2024? 

The minimum wage can serve as a baseline to determine the average salary in the Netherlands. This relates, of course, to formal employment. In this case, the field of activity and region are also significant. According to data for 2024, the average annual salary in the Netherlands is around 50,000 euros per year, which equates to about 4,166 euros per month before taxes.

What industries are most popular in the Netherlands: 

1. The Netherlands is home to many international IT companies, such as Booking.com, Philips, and ASML. In this sector, salaries can range from 50,000 to 90,000 euros per year depending on qualifications and positions. 

2. Financial analysts, accountants, and risk management specialists earn on average from 45,000 to 80,000 euros per year. The country's capital, Amsterdam, is one of Europe's leading financial centers, which contributes to high remuneration in this area.

3. The Netherlands is a leader in pharmaceutical research and development, making this sector highly lucrative. Salaries in this industry range from 60,000 to 100,000 euros per year depending on the level of responsibility.

4. Workers in construction and manufacturing earn from 30,000 to 45,000 euros per year. Skilled professionals, such as electricians and engineers, can expect to earn above the average level.

5. School teachers and healthcare workers earn on average from 35,000 to 50,000 euros per year, depending on experience and qualifications.

This means that in this country, those who have specialties or significant work experience earn the most. 

The region where a migrant wants to work is also important. For example, in Amsterdam, as a large city, there are many international companies. The average salary here can reach 55,000 euros per year, especially in the finance, IT, and advertising sectors. There is also the option of employment in Rotterdam. The country's second-largest city and one of the largest ports in Europe, Rotterdam is an essential industrial hub. The average salary in this region is about 45,000 euros per year.