The new statutory minimum wages as of 1 January 2024 have been announced. As of 1 January 2024, the statutory minimum wage will increase with 3.75%. As of 1 January 2024, the statutory minimum hourly wage will be:
| Age | Per hour |
| 21+ years | €13,27 |
| 20 years | €10,62 |
| 19 years | €7,96 |
| 18 years | €6,64 |
| 17 years | €5,24 |
| 16 years | €4,58 |
| 15 years | €3,98 |
As of 1 January 2024, the central government will only publish a statutory minimum wage per hour. The Minimum Wage Act changes per 1 January 2024 and from that moment on the Netherlands has a statutory minimum hourly wage, where previously there was a legal minimum monthly wage from which the hourly wages were calculated.
The statutory minimum hourly wage as of 1 January 2024 is derived from a working week of 36 hours. For the sectors covered by the Collective Labour Agreement for Retail Non-Food, the introduction of a minimum hourly wage means: an additional increase of 5.6% for fashion, shoes, sports, jewellers, perfumeries, tobacco and convenience stores and garden centres and 2.7% for the home furniture sector. The adjustment to a statutory hourly wage does not affect the working week, which will therefore continue to exist as 38 or 37 hours per week according to the collective labour agreement.
Illustrating:
| 36 hours a week | 37 hours a week | 38 hours a week | |
| WML hourly 1 July 2023 | €12,79 | €12,44 | €12,12 |
| After legislative amendment 1 January 2024 + indexation of 3.75% | €13,27 |
