Spain’s monthly and daily minimum wages were increased retroactively to Jan. 1 in a royal decree published Feb. 19.
The minimum wage increased to 1,221 euros (US$1,437.20) per month or 40.70 euros per day, up from 1,184 euros or 39.47 euros, the decree (Spanish) said. The equivalent annual value is 17,094 euros based on 14 monthly payments in a year, up from 16,576 euros, the decree said.
The daily minimum wage for workers on fixed-term contracts whose services with the same company do not exceed 120 days increased to 57.82 euros, from 56.08 euros, the decree said. The decree increased ...