salary guide info on Spain

Posted by: pedmar

salary guide info on Spain - 07/06/12 08:50 AM

as happened many times in the past I am in Corporate Finance management with multinational with 3 companies in Spain reporting to me.

Here is a nice article on salaries in Spain, median monthly is 1800 Euros, with highest goes to 29K per year in best regions. IN Spanish, but think most can handle it here, if need help on the information let me know.

4UPress.com Link (link-shortened)

maybe MM can shorten the link, and to all keep it civilised.
Posted by: Murdy

Re: salary guide info on Spain - 08/06/12 10:08 AM

That's interesting stuff Pedmar! Thanks!
Posted by: Harriet

Re: salary guide info on Spain - 08/06/12 03:35 PM

I think so too! The average salary is higher than I expected. Though I did expect that the Extremadrura would be the lowest.

I have the feeling that this will get lower though over the next few years before rising again.
Posted by: pedmar

Re: salary guide info on Spain - 08/07/12 05:11 AM

yes , its hard to come up with such information publicly. The salaries even high now there (from my time lving in Madrid in the 70's its leaps and bounds), but still lagging behind Europe, its the old story of north and south...

well the media puts too much on it I have a collegue whose husband was offere a management job in Madrid (Torrejon de Ardoz) for more money than what he is making in France lol!!
Posted by: Rob in Madrid

Re: salary guide info on Spain - 09/26/12 04:03 AM

Funny even thought the wages are lower here than elsewhere they are still too high for the level of productivity, which is why the Euro has hurt southern Europe so badly, can't devaluate you way out anymore. Edward Hugh a well known British economist (lives in Barcelona) often comments on Facebook about the need for an internal devaluation, aka salary cuts. Never fun!
Posted by: Rob in Madrid

Re: salary guide info on Spain - 09/26/12 04:08 AM

BTW assuming Madrid is average (29,000 a year) that works out to about 1700 take home over 15 pays, and that was household not personal income. Which begs the obvious question how can anyone (ie family) live on such a low wage!!!!

Update, average Madrid family income 2800 or about 2300 take home, better but still tight especially when you consider how insane the utility costs are here.
Posted by: MadridMan

Re: salary guide info on Spain - 09/26/12 04:14 AM

Consider 29,000 per year a GREAT household salary compared to most in Spain these days.

Also keep in mind this is an average. There are A LOT of HIGH-WAGE-EARNERS making 3 or 4-times that amount and A LOT of low-wage-earners (or unemployed) in Spain. I don't run in circles where I know more than a few people which make 30,000 per year per household, especially with the 25% unemployment rate as it is. The middle-class is shrinking quickly.

Saludos, MadridMan
Posted by: pedmar

Re: salary guide info on Spain - 09/26/12 04:23 PM

they are a lot of families living together, its a cultural trait we have, but nowdays its even more so. The needs are keeping them together more.

That is why they survive on those salaries posted.
Posted by: pedmar

Re: salary guide info on Spain - 09/28/12 05:38 AM

here is a site in Spanish, that tells you all about wages and benefits there
http://www.tusalario.es/main

on the salario site there is a questionnaire that at the end will tell you the salary you should make
Cheers
Posted by: pedmar

Re: salary guide info on Spain - 10/16/12 04:48 AM

more problems S&P lower 11 banks in Spain , so the question of a bailout is inmenent now, just a matter of politically correct.
Posted by: El Guille

Re: salary guide info on Spain - 10/20/12 02:15 PM

Just curious what you folks consider a reasonable amount to be able to live "comfortably" in Spain? By comfortable, I don't mean lavish, I just mean you can enjoy yourself and not feel like you have to count every euro. I know it will vary based on which city and your lifestyle generally. Assuming two adults in Madrid, and having to pay utilities, rent in a decent building (maybe two bedrooms), near the center, and being able to eat out a couple times a week (nothing fancy) what do you think a couple needs to earn net?

Guillermo
Posted by: pedmar

Re: salary guide info on Spain - 10/21/12 01:16 PM

you take the min wage and double it, so about 1800 euros per person.
Posted by: pedmar

Re: salary guide info on Spain - 11/04/13 05:27 AM

and with salaries there is always taxes.Although according to Coface and many in Spain, the country is rebounding a bit better than say Italy.

how to put a table, photo here??
Posted by: jazz

Re: salary guide info on Spain - 11/04/13 06:40 AM

Look http://tinypic.com/ is easy.
Posted by: jazz

Re: salary guide info on Spain - 11/04/13 06:48 AM

For example
Posted by: steve robinson

Re: salary guide info on Spain - 11/04/13 01:19 PM

Can you believe this is the 21st century . Disgraceful to see people reduced to this poverty .
Posted by: pedmar

Re: salary guide info on Spain - 11/04/13 01:35 PM

thanks Jazz will post tomorrow from work/

Steve there will always be poor and rich in any galaxy; be the force be with you ::)
Posted by: Puna

Re: salary guide info on Spain - 11/04/13 06:01 PM

I agree with you Steve; Pedmar, rich and poor yes - but not destitute. My 2 cents worth anyhow ....
Posted by: pedmar

Re: salary guide info on Spain - 11/05/13 02:29 PM

well yes destitute too, always in the history of earth and I don't see anything to change that. Life is real.
Posted by: pedmar

Re: salary guide info on Spain - 11/06/13 06:18 AM

Posted by: pedmar

Re: salary guide info on Spain - 11/06/13 06:18 AM

i think it came out. thanks again Jazz.
Posted by: pedmar

Re: salary guide info on Spain - 11/20/13 09:47 AM

more where you earn more in Spain (in Spanish)

http://www.expansion.com/2013/11/15/economia/1384510464.html
Posted by: pedmar

Re: salary guide info on Spain - 03/04/14 08:06 AM

in Spanish but the table is self explanatory me think

http://cincodias.com/cincodias/2014/02/28/economia/1393582573_257115.html

how your salary will be after the new tax laws in Spain in 2014
compare