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Key Facts: Cayman Islands vs Denmark Wages

Cayman Islands Minimum Wage
$8.75/hr ($10.50 USD)
Denmark Minimum Wage
No statutory minimum wage
Denmark Avg. Gross Monthly Salary
kr45,000 /mo ($7,012.19 USD)
Data Sources
Cayman Islands Government — Department of Labour and Pensions (2026-05-04), Danish Ministry of Employment (2026-02-24)

Cayman Islands flag Cayman Islands Denmark flag Denmark

Updated 2026-05-04

Cayman Islands flag Cayman Islands

Minimum Wage

$8.75 /hr

$10.50 USD

Denmark flag Denmark

No statutory minimum wage

Avg. Gross Salary

kr45,000 /mo

Unlike Denmark, 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 Denmark
Metric Cayman Islands Denmark
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 kr45,000 /mo $7,012.19
Avg. net salary /mo N/A/mo kr28,000 /mo $4,363.14
Median individual income /yr N/A/yr kr360,000 /yr $56,097.48

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.

Denmark

37 hrs/wk standard

Max 48 hrs/wk

Standard workweek is 37 hours (set by collective agreements, not statute). EU Working Time Directive limits average to 48 hrs/week. Overtime compensation is determined by collective agreements, not law.

What This Means for Workers

Standard work weeks differ: the Cayman Islands mandates 40 hours while Denmark mandates 37 hours.

See this comparison from Denmark's perspective: Denmark vs Cayman Islands

Compare Cayman Islands with...

Frequently Asked Questions

Is the minimum wage higher in Cayman Islands or Denmark?

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

How do work hours compare between Cayman Islands and Denmark?

Cayman Islands has a longer standard work week at 40 hours, compared to 37 hours in Denmark. Workers in the Cayman Islands work 40 hours per week by law. Longer mandatory hours can offset a nominally higher wage; a worker in Denmark working fewer hours may have comparable or better effective hourly earnings depending on the wage levels of each country. Total annual compensation depends on both the wage rate and the number of hours required.