In 2020, the average hourly labour cost in the EU was €28.9. The highest hourly labour costs were recorded in Luxembourg (€47.7), Denmark (€45.7), and Belgium (€40.5), and the lowest in Bulgaria (€6.6), Romania (€8.2) and Hungary (€9.8).
In 2020, the average hourly labour cost in the EU was €28.9. The highest hourly labour costs were recorded in Luxembourg (€47.7), Denmark (€45.7), and Belgium (€40.5), and the lowest in Bulgaria (€6.6), Romania (€8.2) and Hungary (€9.8).
3 comments
Disparities are significantly smaller when hourly labour costs are expressed in purchasing power standard (PPS), a measure that accounts for price differentials across countries.
In PPS, hourly labour costs range from 11.9 in Bulgaria to 36.1 in Luxembourg, 3 times the former value.
Damn, 40+€/h.
I am suprised that Germany is behind France and Netherlands. Would have expected us higher tbh
How much is that considering per month?
Because if we go with the 8h/day and 22 days/month that would be €5086.4/month which seems really high. (Though it is probably raw wage).