So you are fresh out of school and you are now expected and required to join the ratrace. Unless you are a graduate of a top school like Harvard, Oxford, Cambridge orYale, it may be wise to temper your expectations on how much you could earn fromyour first job. Chances are, you may only get the minimum wage.
The number, however, may vary depending on the country where you are located.Some countries offer decent minimum wages, thus allowing its workers to liveproperly on their starting salaries.
12 Highest Starting Salaries and Minimum Wages in the World
For accurate and correct comparison, the hourly wages are converted to US dollars.
11 New Zealand - $10.83 per hour
New Zealand offers a three-tier minimum wage structure. For those who are 18years old and above, the starting salary per hour should at least be NZ$13.75. Kiwiswho are 16 to 17 years old, plus those who are still in training, receive a startingwage of NZ$11 per hour. There is no law mandating the minimum hourly salary ofthose below 16 years old, though that person most likely should be in school anywayrather than in the workforce.
10 Canada - $10.95 per hour
The starting salary and minimum wage in Canada actually depends on the provinceand territory. The lowest starting salary is in Alberta that only mandates an hourlywage of C$9.75. This is even lower for servers of liquor as they are only paid C$9.05per hour. In British Columbia, the starting salary is at least C$10.25 per hour, withliquor servers given C$9 per hour. Manitoba has the same rate, though constructionworkers are given a higher minimum salary. Nova Scotia’s starting salary is, at theminimum, C$10.30 per hour, though it can go down to C$9.65 per hour for thosewho have less than three months experience. Ontario’s average minimum startingwage is C$10.25 per hour, though students under 18 may only get C$9.60per hour, while homeworkers can get as much as C$11.28 per hour. Alberta andYukon adjust the amount depending on the annual consumer price index.
9 Netherlands - $11.77 per hour
In Euro figures, the Netherlands minimum starting salary is €8.4775 per hour. Theamount, however, applies only to those who are at least 23 years old. The employercan adjust the figure if the employee is below 23 years old. The amount may varybetween 30 to 85 percent of the minimum wage depending on the worker’s age.
8 Ireland - $12.01 per hour
Ireland has a straightforward minimum wage structure. That means that even thosestarting out on their first jobs can expect to receive an hourly rate of at least €8.65per hour.
7 San Marino - $12.22 per hour
Like Ireland, San Marino also has a straightforward wage structure for those startingout and earning only the minimum. Even workers fresh out of school should receiveat least €8.80 per hour.
6 Belgium - $12.67 per hour
Belgium adjusts the rate of its salaries depending on the person’s age and onthe length of service the person has provided to the company. For those who are21 years old, the starting salary is only €9.12 per hour. Once you complete sixmonths of service and provided you are already at least 21 and a half years old, theminimum salary goes up to €9.36 per hour. This further goes up once you alreadyhave a full year of service, as all those experiences will be rewarded by an increasein the minimum salary to €9.47 per hour. Aside from this, you can also expect toreceive substantial and extensive social benefits from the government.
5 France - $13.10 per hour
France has always been known for its high cost of living. To allow its workers to copeproperly, the mandated minimum starting salary is €9.43 per hour.
4 Monaco - $13.76 per hour
Monaco follows the structure that is followed in France. Workers can expect astarting salary of at least €9.43 per hour in the principality, though they add to thatwith an additional five percent adjustment.
3 Luxembourg – $15.05 per hour
Luxembourg employers can adjust the starting salary that they give to its workersdepending on their respective level of qualification. The absolute minimum amountis €10.8335 per hour. This is given to workers that employers deem as unqualified.If the employee is qualified, the employer can give him an additional 20 percent.Adolescent workers, however, can only expect to receive a starting amount of lessthan 25 percent of the mandated level.
2 Australia - $16.45 per hour
The starting salary for workers down under is set on the federal level by Fair WorkAustralia. The amount may vary depending on the worker’s experience and age. Forthose below 18 years old, the starting salary may be as low as A$9.22. For thosenew to the job, the starting salary on the first year can be as low as A$10.22 perhour. The amount then builds up as the employee gains further experience. By thefourth year, the salary should be at least A$17.65 per hour.
1 Starting Out with the Minimum in the United States
Notably absent from the above list is the United States, the nation with the mostpowerful economy in the world. Under federal law, the starting salary should at leastbe $7.25 per hour, which is way below the numbers of those in the top 10. Thosewho receive tips only get paid $2.13 per hour, though with the warning that if thetips do not get the worker’s salary to $7.25, the employer is required to fill in thedifference.
Wyoming, Georgia and Arkansas have state laws that mandate lower minimumstarting wages than the federal rate. Most of the states follow the federal rate.Oregon and Washington have the highest minimum wage rates, with Oregonmandating $8.95 per hour that adjusts with inflation, while Washington requires aminimum of $9.19 per hour. Those who are 14 and 15 years old, however, may bepaid a starting salary of as low as $7.68 per hour.