Dataset: LFS - Minimum relative to median wages of full-time workers
< < >-< OECD.Stat
Open all groups and itemsClose all groups and itemsSend link via emailPrintOpen in stand alone windowClose this window
Click to expand Source
Click to collapse Source
Click to expand Contact person/organisation
Click to collapse Contact person/organisation
Click to expand Data Characteristics
Click to collapse Data Characteristics
Click to expand Unit of measure used
Click to collapse Unit of measure used
Ratio
Click to expand Population & Scope
Click to collapse Population & Scope
Click to expand Statistical population
Click to collapse Statistical population

For cross-country comparisons, data on minimum wage levels are further supplemented with another measure of minimum wages relative to average wages, that is, the ratio of minimum wages to median earnings of full-time employees. Median rather than mean earnings provide a better basis for international comparisons as it accounts for differences in earnings dispersion across countries. However, while median of basic earnings of full-time workers - i.e. excluding overtime and bonus payments - are, ideally, the preferred measure of average wages for international comparisons of minimum-to-median earnings, they are not available for a large number of countries.

Minimum relative to mean earnings of full-time workers are also provided.

Dataset: LFS - Minimum relative to median wages of full-time workers Contact person/organisation
Els.Contact@oecd.org
Unit of measure usedRatioStatistical population

For cross-country comparisons, data on minimum wage levels are further supplemented with another measure of minimum wages relative to average wages, that is, the ratio of minimum wages to median earnings of full-time employees. Median rather than mean earnings provide a better basis for international comparisons as it accounts for differences in earnings dispersion across countries. However, while median of basic earnings of full-time workers - i.e. excluding overtime and bonus payments - are, ideally, the preferred measure of average wages for international comparisons of minimum-to-median earnings, they are not available for a large number of countries.

Minimum relative to mean earnings of full-time workers are also provided.