Every six months, on both January 1st and July 1st, the legal minimum wage (WML) undergoes an increase. On January 1st, 2024, the WML will be set at an increase of 3.74%. The WML represents the minimum wage that must be paid to employees. This adjustment brings the WML to an amount of 13,27 euros per hour. This amount applies uniformly across all sectors, including the hospitality industry. The minimum wage is applicable to all employees aged 21 and older.

Youth Minimum Wage

For employees in the age category of 15 to 20 years, the youth minimum wage applies. This is calculated based on a predetermined percentage, as shown in the table below. The percentage for holiday pay is independent of age.

The New Legal Minimum Wage of 2024

Every six months, on both January 1st and July 1st, the legal minimum wage (WML) undergoes an increase. On January 1st, 2024, the WML will be set at an increase of 3.74%. The WML represents the minimum wage that must be paid to employees. This adjustment brings the WML to an amount of 13,27 euros per hour. This amount applies uniformly across all sectors, including the hospitality industry. The minimum wage is applicable to all employees aged 21 and older.

Explaining the Percentage Increase

Starting from January 1st, 2024, the legal minimum wage will be based on hourly wages rather than the previous monthly rate. Previously, the legal minimum wage was calculated based on the number of hours worked, resulting in a 5.5% higher hourly wage for an employee working 36 hours compared to one working 38 hours (as is customary in the hospitality sector). As of January 1st, 2024, the legal minimum wage will be established on the basis of 36 hours of work, leading to an overall increase in the legal minimum wage.

Impact on employers
For employers, the increase in the minimum wage may necessitate adjustments to their wage structures. It is crucial to inform employees of these changes and ensure they receive the new minimum wage