These high - paying countries

Where should workers be moved to get the best minimum salary? According to data from the German Institute of Socialwissenschatfliches (WSI), which compares wages to various countries based on purchasing power parity, the answer is Australia or Luxembourg.

The hour-long rate in Australia is equivalent to 9.47 euros, almost 6 times the size of Russia, which totals 1.64 euros, measured according to the purchasing power gap. European countries toped the top five, while Brazil, Greece and Argentina were the countries with the lowest minimum wage.

On the map of Europe, Albania ranks at the end of 1.03 euros per hour, below Greece, amounting to 3.39 euros. Support of low-paid workers represents a key goal for governments worldwide, while the financial crisis has exacerbated inequality in many countries. While the minimum wage offers a road outside poverty, there are many political debates in this regard.

Finally, Spain indicated that the minimum wage will increase by 22 percent in 2019, the largest annual increase in 40 years.

French President Emmanuel Macron said his country will increase the border as well. Those in favour of the increase say businesses have the responsibility to pay the workers enough, while the opposed people argue that the minimum wage hike will jeopardise jobs and harm entrepreneurship.

academic studies have been varied, questioning the principles that minimum wage growth lowers jobs and hours offered to employers, but also assessed the damage to small businesses and the impact on rising prices.

Many of the workers who fall into this category work in the service sector, where it is easy to spend pay increases in consumers through price hikes.