Key Facts: British Virgin Islands vs Austria Wages
- British Virgin Islands Minimum Wage
- $8.50/hr
- Austria Minimum Wage
- No statutory minimum wage
- Austria Avg. Gross Monthly Salary
- €3,800 /mo ($4,425.29 USD)
- Data Sources
- BVI Government — New Minimum Wage Announcement (2026-05-04), Federal Ministry of Labour and Economy (Bundesministerium für Arbeit und Wirtschaft) (2026-02-24)
British Virgin Islands
Austria
Updated 2026-05-04
Minimum Wage
$8.50 /hr
Unlike Austria, which has no statutory minimum wage, British Virgin Islands mandates a wage floor of $9/hr.
Detailed Comparison
| Metric | British Virgin Islands | Austria |
|---|---|---|
| Minimum wage /hr | $8.50 | None |
| Minimum wage /mo | $1,473.33 | None |
| Minimum wage /yr | $17,680 | None |
| Avg. gross salary /mo | N/A/mo | €3,800 /mo $4,425.29 |
| Avg. net salary /mo | N/A/mo | €2,500 /mo $2,911.38 |
| Median individual income /yr | N/A/yr | €33,500 /yr $39,012.46 |
Percentage differences are based on USD equivalent values. Positive means British Virgin Islands is higher.
Work Week
- British Virgin Islands
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Standard workweek is 40 hours under the Labour Code.
- 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.
See this comparison from Austria's perspective: Austria vs British Virgin Islands
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Frequently Asked Questions
Is the minimum wage higher in British Virgin Islands or Austria?
In British Virgin Islands, the minimum wage is $8.50/hr. In Austria, it is no statutory minimum wage.
How do work hours compare between British Virgin Islands and Austria?
Both British Virgin Islands and Austria 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.