Key Facts: Austria vs Turks and Caicos Islands Wages
- Austria Minimum Wage
- No statutory minimum wage
- Turks and Caicos Islands Minimum Wage
- $8/hr
- Austria Avg. Gross Monthly Salary
- €3,800 /mo ($4,425.29 USD)
- Data Sources
- Federal Ministry of Labour and Economy (Bundesministerium für Arbeit und Wirtschaft) (2026-02-24), TC Weekly News — Minimum Wage Increase (2026-05-04)
Austria
Turks and Caicos Islands
Updated 2026-05-04
Minimum Wage
$8 /hr
Austria has no statutory minimum wage, while Turks and Caicos Islands sets a floor of $8/hr.
Detailed Comparison
| Metric | Austria | Turks and Caicos Islands |
|---|---|---|
| Minimum wage /hr | None | $8 |
| Minimum wage /mo | None | $1,386.67 |
| Minimum wage /yr | None | $16,640 |
| Avg. gross salary /mo | €3,800 /mo $4,425.29 | N/A/mo |
| Avg. net salary /mo | €2,500 /mo $2,911.38 | N/A/mo |
| Median individual income /yr | €33,500 /yr $39,012.46 | N/A/yr |
Percentage differences are based on USD equivalent values. Positive means Austria is higher.
Work Week
- Austria
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Standard workweek is 40 hours (Arbeitszeitgesetz). Daily maximum is 8 hours (normal) or 10 hours (with overtime). Since 2018, daily working time can be extended to 12 hours and weekly to 60 hours in exceptional cases with compensatory rest. Overtime is compensated at 150% or with time off in lieu (1:1.5). EU Working Time Directive limits average to 48 hrs/week.
- Turks and Caicos Islands
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Standard workweek is 40 hours under the Employment Ordinance.
See this comparison from Turks and Caicos Islands's perspective: Turks and Caicos Islands vs Austria
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Frequently Asked Questions
Is the minimum wage higher in Austria or Turks and Caicos Islands?
In Austria, the minimum wage is no statutory minimum wage. In Turks and Caicos Islands, it is $8/hr.
How do work hours compare between Austria and Turks and Caicos Islands?
Both Austria and Turks and Caicos Islands mandate a similar standard work week of 40 hours. When work hours are equal, the country with the higher minimum wage delivers proportionally higher weekly earnings. Standard work week rules set the baseline; actual hours worked often differ based on industry norms and individual employment contracts.