Study: Danes well paid

Denmark is one of the countries in the world where the least number of citizens have low incomes, shows a new study.

According to the study, Denmark has a record high minimum wage in comparison to the other countries in the study.

‘In fact, our minimum wage corresponds to the median wage in the US,’ said professor Niels Westergaard-Nielsen, project manager of the study. ‘Approximately 50 percent of Americans earn less than, or just as much as a Danish worker on minimum wage.’

The study, conducted by researchers from Copenhagen Business School and Århus University, also indicated that Danes left poor paying jobs in record time.

Only France matched Denmark in terms of workers quickly switching from a lower income job to a better one. Countries such as the Netherlands, the United States, Germany and the United Kingdom were also included in the survey.

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Study: Danes well paid
Copenhagen Post