You asked: What is a living wage in Ethiopia?

Typical family Standard family
Other expenses 390-615 325-520
Total Expenditure 8160-12945 6815-10940
Net Living Wage 4533-7192 3786-6078
Gross Living Wage 5940-9420 4960-7960

What is the average Ethiopian salary?

A person working in Ethiopia typically earns around 8,900 ETB per month. Salaries range from 2,250 ETB (lowest average) to 39,700 ETB (highest average, actual maximum salary is higher). This is the average monthly salary including housing, transport, and other benefits.

What is the minimum wage in Ethiopia 2020?

There is no national minimum wage. Minimum wage exists only for the public sector workers which is around 420 birr ($22). Some Government institutions set their own minimum wages.

What is the current living wage 2020?

REAL LIVING WAGE INCREASES TO £9.50 IN UK AND £10.85 IN LONDON AS COST OF LIVING RISES. The real Living Wage rates for 2020/21 have been announced as £9.50 in the UK and £10.85 in London. This means: Over 250,000 people are set for a pay boost.

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What is a living wage for one person?

Living Wage Calculation for California

1 ADULT
0 Children 1 Child
Living Wage $18.66 $40.34
Poverty Wage $6.13 $8.29
Minimum Wage $12.00 $12.00

What is the highest paid job in Ethiopia?

  1. Surgeons / Doctors. Salary Range: from 16,200 ETB to 51,600 ETB. …
  2. Judges. Salary Range: from 13,600 ETB to 43,400 ETB. …
  3. Lawyers. Salary Range: from 11,000 ETB to 35,100 ETB. …
  4. Bank Managers. Salary Range: from 10,400 ETB to 33,000 ETB. …
  5. Chief Executive Officers. …
  6. Chief Financial Officers. …
  7. Orthodontists. …
  8. College Professors.

Is Ethiopia rich or poor?

With more than 112 million people (2019), Ethiopia is the second most populous nation in Africa after Nigeria, and the fastest growing economy in the region. However, it is also one of the poorest, with a per capita income of $850.

Which country has highest minimum wage?

With an hourly wage of 15.27 euros ($18.33 USD) for skilled workers 18 years and older, Luxembourg is the country with the highest minimum wage in the world.

What country has the highest minimum wage 2020?

Luxembourg has the highest minimum wage in the world of $13.78 per hour.

The ten countries with the highest minimum wages (in USD) are:

  • France ($11.66)
  • New Zealand ($11.20)
  • Germany ($10.87)
  • Netherlands ($10.44)
  • Belgium ($10.38)
  • United Kingdom ($10.34)
  • Ireland ($9.62)
  • Canada ($9.52)

What is the average annual income in Ethiopia in US dollars?

With gross national income per capita a mere US$ 160 per year, Ethiopia’s average income is much less than $1 per person per day, placing it 202nd out of 208 countries (World Bank 2006).

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What is the difference between national min wage and living wage?

The National Minimum Wage is the minimum pay per hour almost all workers are entitled to. The National Living Wage is higher than the National Minimum Wage – workers get it if they’re over 23. It does not matter how small an employer is, they still have to pay the correct minimum wage.

What is the minimum pay per hour?

It is currently set at £8.72 per hour (from 01/04/2020). Employers are required to pay the Living Wage to apprentices over the age of 25 who have been in an apprenticeship scheme for 12 months or more.

What is the cost of living wage increase for 2020?

CPI is determined by the BLS and, by law, it is the official measure used by CalPERS to calculate COLA. The 2020 annual CPI is 775.284 and the rate of inflation is 1.23%.

What salary is poor?

The federal poverty line in America is $25,750 for a family of four, except in Alaska and Hawaii, where it’s $32,190 and $29,620, respectively.

Is $15 an hour a livable wage?

A $15 hourly pay scale would more than double the current $7.25 federal minimum wage. It still wouldn’t offer a living wage to low-paid single adults and families in many areas, according to a CNBC analysis of state cost-of-living data.

What is considered poor salary?

According to the guidelines, a two-person household with a total annual income below $16,910 is considered to be living in poverty. To clear the poverty line, one of those two people would have to make $8.13 an hour or more. At least 17 states have minimum wages higher than that.

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Hai Afrika!