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- Annual net and gross earnings of minimum wage earners
Annual net and gross earnings of minimum wage earners
Gross and net earninigs of full-time minimum wage workers and their families. Calculations based on the OECD Tax-Benefit model (TaxBEN). Income values are available either in national currency (gross/net annual incomes), or divided by the corresponding net/gross income of an otherwise identical familiy where the reference person works full time at the average or medium wage. These ratios can be interpreted as net/gross Kaitz indices for selected family types.
<p />Calculations for families with children assume 2 children aged 4 and 6 who do not use formal childcare.