Average salary in luxembourg

The salaries of skilled and unskilled workers in the Grand Duchy are discussed in this article. Luxembourg is famous for its solid economy, high living standard, and one of the highest salaries in Europe.

Luxembourg not only offers the highest salaries in Europe, but also the highest minimum wage, which is about to increase. The fact that Luxembourg stands out so much on the salary chart is partly due to the special nature of its economy. Not only does Luxembourg offer a full-time job at 40 hours a week, but it is also home to a major financial centre. Together with public sector jobs, which are also among the best paid sectors, the average is therefore pulled upwards. However, this average must be put into perspective. Although Luxembourg is the European champion in terms of purchasing power and can also achieve equal wages for men and women , it has to contend with major inequalities.

Average salary in luxembourg

Additional Information. Average monthly disposable income per household in Luxembourg Skip to main content. The average salary in Luxembourg was around 75, euros per year in , compared with 76, in During this time period, wages in Luxembourg were at their lowest in , when the annual wage was 62,, and highest in the previous year. Loading statistic Show source. Download for free. Show detailed source information? Register for free Already a member? Log in. More information. Other statistics on the topic.

This is outdated. Here you will find useful information about salaries in Luxembourg. Average monthly disposable income per household in Luxembourg

Arriving in Luxembourg and looking for work? When you're looking for work in a country other than your home country, it's important to have some simple, practical benchmarks in mind about the levels of remuneration on offer. Wages are freely agreed between employer and employee. It represents the consideration for the work performed. This negotiation takes place during the recruitment process , between the job-seeker and the recruitment officer. Negotiations can also take place during the term of the contract.

Luxembourg, the tiny but prosperous nation nestled in the heart of Europe, has been a beacon of economic stability and high living standards. Renowned for its financial services sector and global corporations, average salary in Luxembourg is one of the highest in Europe. We will explore both statistical data and insightful information on various professions. Luxembourg has consistently been ahead of the curve when it comes to economic prosperity and financial satisfaction. It outperforms the entire European Union in terms of material living conditions , with a remarkable index of 6. This outstanding performance is mirrored in the realm of salaries, where Luxembourg stands head and shoulders above the European average. According to Eurostat , the average salary in Luxembourg amounts to a substantial 48, euros per year or 4, euros per month, far exceeding the European average of 33, euros per year or 2, euros per month. While the average salary provides a valuable overall picture, the median salary is equally essential in understanding income distribution. In this regard, Luxembourg remains unparalleled in the European Union.

Average salary in luxembourg

Arriving in Luxembourg and looking for work? When you're looking for work in a country other than your home country, it's important to have some simple, practical benchmarks in mind about the levels of remuneration on offer. Wages are freely agreed between employer and employee. It represents the consideration for the work performed.

New jersey lottery pick 4 midday and evening

While the average wage is the arithmetical value of the earnings of a certain group of the working population. Are you well paid? Salaries in banking and financial services have also risen slightly over the past two years. Public health concern Cargolux halts transport of selected disposable e-cigarettes. Topics Employment in the Benelux Employment in the U. These can be professionals in any field, that have a profile education and who came to Luxembourg under the labor contract. In Luxembourg, women earn more per hour than men! Although there are positions available for foreigners, the competition is very high, as well as the requirements for applicants. Other statistics on the topic. Salary is calculated by age: The 15 to 17 -year-olds have the lowest minimum wage in Luxembourg: 1, Well-qualified specialists earn more than unskilled workers in almost any industry.

Luxembourg is a popular destination for people from neighboring countries and beyond, thanks to its booming economy, numerous multinational companies, and high wages.

They trust us. This rule applies to all employees without exception but still often excludes directors, managers, or self-employed people. According to IGSS , the lowest-paying areas where mostly unskilled workers are employed are:. This goes so far that two out of five Luxembourgers say they have to tighten their belts. Depending on the employer's choice, employees may be given a 13th salary or year-end bonus. Skip to main content. Although Luxembourg is the European champion in terms of purchasing power and can also achieve equal wages for men and women , it has to contend with major inequalities. A needed and well-paid profession in Luxembourg. Social contributions represent the social security contributions paid to the CCSS by both the employee and the employer. Show detailed source information? Basic Statistic Number of self-employed workers in the Netherlands , by type Premium Statistic Number of jobs for employees and self-employed persons in the Netherlands Basic Statistic Part-time and full-time jobs in financial institutions in the Netherlands Premium Statistic Reasons to have more than on job in the Netherlands Basic Statistic Share of active population working part-time in Belgium Basic Statistic Share of people working part-time in Belgium , by sector Basic Statistic Frontier workers employed in Luxembourg Basic Statistic Frontier workers employed in Luxembourg , by nationality. Wages are also indexed to the cost of living. During this time period, wages in Luxembourg were at their lowest in , when the annual wage was 62,, and highest in the previous year. Profession An elementary school teacher in Luxembourg earns about 68, euros per year.