Austria does not have a statutory minimum wage. Salaries are regulated by legislation, collective bargaining agreements, and work agreements, which are agreements between employers and labor unions. The actual salary paid will also vary according to the employee's position, responsibilities, education, qualifications, work hours, age, and length of service, among other factors.
In Austria, the average salary increase is 5% every 2.5 years. The magnitude and timing of increases vary by industry.
Bonuses are common, with employees frequently receiving a thirteenth and fourteenth payment equal to one month's salary each. Summer and end-of-year bonuses are generally referred to as holiday and Christmas bonuses.