2023 Salaries in the Netherlands (2024)

Did you know that the Netherlands is the 9th highest paying country in the international rankings?

Yes, that’s a real benefit of being right here. However, before you focus solely on salary and sign the deal, there are some important things you should know about salaries in the Netherlands.

2023 Salaries in the Netherlands

The Netherlands may also be one of the top paying countries worldwide, but it is very important to understand that the amount of pay you receive on the route depends on the type of fare you receive.

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What is the minimum salary in the Netherlands in 2023?

What may come as a surprise to some is that the minimum salary in the Netherlands actually varies entirely with your age.

As of January 2023, the hourly minimum wage costs for a person over the age of 21 in the Netherlands:

36 hours: 12.40 €

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38 hours: 11.75 €

40 hours: 11.16 €

What is the average salary in the Netherlands in 2023?

The Netherlands boasts an average monthly salary of 3,333 € or an average annual profit of 40,000 € in 2023!

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However, life is generally pretty average no longer – and the same goes for your income. Depending on your mission, your payoff will be higher or lower than this variety.

Inflation and Dutch salaries in 2023

Beyond 12 months, house prices in the Netherlands soared to new highs. With living expenses rising by a staggering 14.5% towards the end of 2022, many of us entered the new year with overwhelming need for a pay rise.

Fortunately, as we have seen, the Dutch government solved this problem by raising the Dutch minimum wage by 10.15%. Meanwhile, in line with the ADP, average salary earners can count on their net earnings to increase by an average of €91 (3.7%) per month in 2023.

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Will this be enough to fight inflation? However, it is worth noting that 2023 started with some correct indicators and at the end, the inflation rate fell once again.

What is the difference between Bruto camiis and Netto massis?

During your interview you will be offered an income after getting dressed and taking off your socks to impress your Dutch employers.

But before you get too excited about the numbers, you will listen to some numbers: these could be your Gross and Net profit and it is very important that you know the difference!

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What is Bruto masais in the Netherlands?

One might be the amount you get before taxes and other deductions – that’s your Bruto salary and you can’t take it all.

What is Netto salaryis in the Netherlands?

Netto salaryis represents the money you receive after taxes and all other deductions.

How much of your profit will be taxed in the Netherlands?

Now, after all this talk about Netto and Brutto’s paychecks, you’re probably wondering how much of your paychecks the Dutch tax officer will get.

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There are two different tax brackets in the Netherlands in 2023. You may be taxed at a certain rate depending on your property and business income. Let us list them for you.

TAXABLE INCOME: TAX RATE

Less than €73,031 per year36.93%Above €73,031 per year49.50%

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What is included in your Dutch salary?

Yes, taxation is high in the Netherlands – but being employed in the Netherlands also has its advantages – a number of advantages in particular.

Vacation share (vakantiegeld)

In the Netherlands you can receive at least 8% of your gross salary as holiday pay. Employers normally pay you in a lump sum between May and June, but depending on your contract, it can be awarded in increments each month.

Note: If you are a trainee, self-employed or earning three times the Dutch minimum wage, you are not entitled to holiday pay in the Netherlands.

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“13th month”

In any task, there is a constant luck of receiving bonuses. But in the Netherlands, some companies provide what is described as a “13th month” under certain contracts.

If your salary includes a “13th month”, you can basically get an extra monthly payment! It is normally given before the holiday period in November or December and also equals 8.33% of an employee’s earnings.

Sick leave

In the Netherlands, most employment contracts even cover you due to illness. According to Dutch law, your business venture must pay you 70% of your salary if you become ill at any point in your contract.

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If you’ve been sick for a long time, you don’t have to worry about your organization losing you. In fact, according to Dutch regulation, a company is required to pay up to 104 weeks of sick leave.

A great work-life balance

Ok, that’s not exactly a financial advantage that can be discovered for your Dutch earnings – but it is indeed an advantage. A great work-life balance is valued in the Netherlands.

This means that you are no longer expected to bring your work home “as part of the corporate subculture”.

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How do you know your Dutch payslip?

Once you’ve found yourself a job and the earnings to come with it, the payroll can be very difficult to understand.

Luckily, we have listed all these difficult words for you.

DUTCHENGLISH
Salaris PeriodePeriod of pay
PersoneelsnummerEmployee number
BSNDutch social security number
GeboortedatumDate of birth
Afdeling/FunctieomschrijvingJob role
Anciënniteitsdatum/Datum in dienstDate you started your employment
Salaris/uurloonGross salary (before tax)
MinimumloonMinimum wage
Verzekerd voor WW/WiA/ZW/ZvwSocial security you contribute to
Bijz. tarief/heffingskorting (ja/nee)Tax rate (percentage)/general tax credit (yes or no)
Gewerkte urenHours worked
Sociale verzekeringen (SV)Social security contributions
ReiskostenvergoedingTransport reimbursem*nt cost
Totaal NettoNet salary after everything — what you receive in your bank account
VakantiegeldHoliday leave

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2023 Salaries in the Netherlands (2024)
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