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Key Facts: Cayman Islands vs Austria Wages

Cayman Islands Minimum Wage
$8.75/hr ($10.50 USD)
Austria Minimum Wage
No statutory minimum wage
Austria Avg. Gross Monthly Salary
€3,800 /mo ($4,425.29 USD)
Data Sources
Cayman Islands Government — Department of Labour and Pensions (2026-05-04), Federal Ministry of Labour and Economy (Bundesministerium für Arbeit und Wirtschaft) (2026-02-24)

Cayman Islands flag Cayman Islands Austria flag Austria

Updated 2026-05-04

Cayman Islands flag Cayman Islands

Minimum Wage

$8.75 /hr

$10.50 USD

Austria flag Austria

No statutory minimum wage

Avg. Gross Salary

€3,800 /mo

Unlike Austria, which has no statutory minimum wage, the Cayman Islands mandates a wage floor of $11/hr.

Detailed Comparison

Detailed wage comparison between Cayman Islands and Austria
Metric Cayman Islands Austria
Minimum wage /hr $8.75 $10.50 None
Minimum wage /mo $1,516.67 $1,820.08 None
Minimum wage /yr $18,200 $21,840.87 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 Cayman Islands is higher.

Work Week

Cayman Islands

40 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.5x pay

Standard workweek is 40 hours under the Labour Act.

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 Cayman Islands

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Frequently Asked Questions

Is the minimum wage higher in Cayman Islands or Austria?

In the Cayman Islands, the minimum wage is $8.75/hr ($10.50 USD). In Austria, it is no statutory minimum wage.

How do work hours compare between Cayman Islands and Austria?

Both Cayman 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.