Discover business topics

Doing business worldwide

Blog about doing business internationally.

By default, we will take the amount of 2500 euros for the average European salary, but it should be understood that the real picture changes every year. The reason for this is obvious: the European Union covers an impressive part of the mainland, and the living standards of eastern and central Europe differ significantly. In Europe, despite high salaries, the population in the countries expresses dissatisfaction, because high salaries tend to “hide” high taxes and prices for real estate, insurance, and medicine.

The lowest salary in the EU is between 600 and 1500 euros. Such a large interval between indicators is due to the different living standards of states. The unpleasant fact is that 600 euros are the average ratio of “minimum wages”. Bulgarians, Romanians, Latvians, and Lithuanians receive the least. In second place are the Czech Republic, Hungary, Croatia, Estonia, and Poland. Residents of Portugal, Greece, Malta, Slovenia, and Spain receive a minimum of 500 to 1000 EUR per month. In other European countries, the minimum wage is above 1,500 euros.

Top 10 countries with the best wages

The most prosperous states are Denmark, Switzerland, Luxembourg, Liechtenstein, Monaco, Belgium, Sweden, Norway, France, and the Netherlands. The highest salaries are noted in Liechtenstein and Denmark – qualified specialists from these countries receive over 5,000 euros. Sweden, Belgium, Norway, and Switzerland are in second place, with high wages crossing the € 4,000 mark.

The most profitable professions

In the EU countries, as in any prosperous country, the work of medical workers is highly valued. But it should be borne in mind that in this case we are not talking about ordinary therapists and nurses, but about highly qualified doctors (usually of a narrow profile). Europe is always ready to “open doors” to experienced anesthesiologists, surgeons, and oncologists. In second place in terms of profitability are such professions as pharmacist and veterinarian. For this category of professionals, the annual profit can reach up to 100,000 EUR per year. During the first year of work, pharmacists and doctors earn an average of 50,000 EUR. The third place is taken by lawyers and representatives of show business. If everything is very clear with the second category, then many have questions about lawyers. In Europe, family lawyers and lawyers receive high profits. Their income can be up to 90,000 euros per year. In fourth place are engineers and educators. Their salary can be up to 40,000 euros per year, depending on the level of qualifications and degree. The rating is closed by managers, marketers, programmers, and service personnel.

Benefits and social benefits for Europeans

Leaders in social benefits: Denmark, France, and Spain. It should be noted that Denmark is recognized as the fairest state in Europe for the disabled population, as well as those who have lost their jobs. A Danish resident who has lost his job receives compensation from the state in the amount of 90% of the monthly profit (from the last job). The payment period ranges from 1 to 2.5 years. Belgium offers its residents equally attractive social benefits. Their amount directly depends on the period spent at the last job. As for vacations, here the residents of the Netherlands “win”. Here workers have the right to be absent from the workplace for 1 to 2 years, regularly receiving payments in the amount of 70% of their monthly income. According to German statistics, a worker can be absent from the workplace for a maximum of one and a half years, while maintaining 100% wages.

Unconditional living wage

Luxembourg leads in the ranking of the highest cost of living. It is one of the most industrially developed countries and the largest world-class banking center.

Below are the TOP 10 countries with the highest cost of living:

  • Luxembourg (€ 2,000)
  • France (1250 euros);
  • Germany (1200 euros);
  • Finland (1175 euros);
  • Netherlands (1100 euros);
  • France (1050 euros);
  • Belgium (1030 euros);
  • Austria (1000 euros);
  • Italy (860 euros);
  • Spain (650 euros).

Out of the rating was Greece, whose living wage hardly “holds out” to 400 euros per month. The situation is similar in Poland: here an unskilled worker receives only a little more than 450 euros per month.

Leave a Reply

Your email address will not be published. Required fields are marked *