- Minimum Salary Increases for Non-EU Workers
- July 26, 2014
- Law Firm: Fragomen Del Rey Bernsen Loewy LLP - New York Office
New and renewal Residence and Work Permit applicants are now required to earn a minimum annual salary of NOK 380,300 (approximately US$ 61,700) if they hold a bachelor’s degree (up from NOK 372,500) or NOK 409,700 if they hold a master’s degree (up from NOK 401,400).
The increased salary requirements apply to all first-time Residence and Work Permit and renewal applications submitted on and after July 1, 2014, provided that the application is not covered by an industry-specific collective bargaining agreement.
What This Means for Employers
Employers should ensure that all relevant teams and managers are aware of the increase and plan for any effect on budget.