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Hourly minimum wage will be the same for everyone

This information is provided by:Netherlands Enterprise Agency, RVONetherlands Enterprise Agency, RVONederlandse versiePrinsjesdag suitcaseThis is a Prinsjesdag articleSee more expected changesEffective date: 1 January 2024

What changes?

Do you pay employees the minimum wage? There will be a statutory minimum hourly wage. Currently the minimum wage is determined per month. Because of this someone who works 40 hours per week has a lower hourly minimum wage than someone working 36 hours per week. This will change with the implementation of the statutory minimum hourly wage. As a result the minimum hourly wage is the same, no matter the length of the working week.

The implementation of the hourly minimum wage ensures that working more hours always leads to a higher income.

For whom?

  • entrepreneurs with staff

When

This change in the Minimum wage and minimum holiday allowance act (Wet minimumloon en minimumvakantiebijslag, Wml) will enter into effect on 1 January 2024.

Prinsjesdag suitcasePrinsjesdag 2023See all expected changes for entrepreneurs in 2024

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