2 ms·

I agree but considering the minimum wage is 0 I don't understand how you came up with the 2x-3x number.

by Kiro 6y ago

djrobstep 6y ago
Nordic countries have minimum wages defined by collective bargaining agreements rather than the law - because unionization is so strong and the agreed minimums are relatively good, they don't really need national legal ones.
- Kiro 6y ago
  Yes, but it's still optional. Only 39% of small companies have signed a collective agreement in Sweden. Companies refusing unionization and paying way below the union rates is a real problem: https://www.breakit.se/artikel/7599/i-spent-two-weeks-delivering-for-uber-eats-and-made-4-4-per-hour https://www.breakit.se/artikel/7599/i-spent-two-weeks-delive... Even most people in Sweden think there is a legal minimum wage and are surprised to hear it's 0 and that you can legally pay someone 0.01 an hour.
TrackerFF 6y ago
Yes, we - at least in Norway - don't have any official minimum wage, but a good rule of thumb is that the majority of unskilles non-industrial jobs start around 150 NOK / hr. +/- 15 NOK. Or annually around 275k-345k NOK In USD, that around $16.5 +/- $1.5. $30k - $39k year. The vast majority of professional jobs which require a BS or MS start between 450k-600k / $50k-$67k, and will by end of career be around 600k - 1MM / $50k - $110k. But keep in mind, there are several factors at play: - private pays more that public jobs - industry salaries differs wildly - location plays a big role - lots of outlier jobs pay much more than the above - The numbers above are based on current USD/NOK rates, which is very weak for us Norwegians. It's right now around 9, but has been down around 5 during the good years. So one needs to look at salaries as a relative thing. Edit: But we DO have union wages, which effectively work as minimum wages for many professions. But alas, there are lots of jobs with no unions.

I agree but considering the minimum wage is 0 I don't understand how you came up with the 2x-3x number.

by Kiro 6y ago

I agree but considering the minimum wage is 0 I don't understand how you came up with the 2x-3x number.

Nordic countries have minimum wages defined by collective bargaining agreements rather than the law - because unionization is so strong and the agreed minimums are relatively good, they don't really need national legal ones.

Kiro 6y ago
Yes, but it's still optional. Only 39% of small companies have signed a collective agreement in Sweden. Companies refusing unionization and paying way below the union rates is a real problem: https://www.breakit.se/artikel/7599/i-spent-two-weeks-delivering-for-uber-eats-and-made-4-4-per-hour https://www.breakit.se/artikel/7599/i-spent-two-weeks-delive... Even most people in Sweden think there is a legal minimum wage and are surprised to hear it's 0 and that you can legally pay someone 0.01 an hour.

TrackerFF 6y ago

Yes, we - at least in Norway - don't have any official minimum wage, but a good rule of thumb is that the majority of unskilles non-industrial jobs start around 150 NOK / hr. +/- 15 NOK. Or annually around 275k-345k NOK In USD, that around $16.5 +/- $1.5. $30k - $39k year. The vast majority of professional jobs which require a BS or MS start between 450k-600k / $50k-$67k, and will by end of career be around 600k - 1MM / $50k - $110k. But keep in mind, there are several factors at play: - private pays more that public jobs - industry salaries differs wildly - location plays a big role - lots of outlier jobs pay much more than the above - The numbers above are based on current USD/NOK rates, which is very weak for us Norwegians. It's right now around 9, but has been down around 5 during the good years. So one needs to look at salaries as a relative thing. Edit: But we DO have union wages, which effectively work as minimum wages for many professions. But alas, there are lots of jobs with no unions.