Minimum Wage in Germany
By admin • Jun 8th, 2008 • Category: News
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As of yet there really isn’t a minimum wage in Germany. Critics often fear that implimenting a minimum wage in Germany will bring unemployment back into the double digits. “Frank-Walter Steinmeier, a leading Social Democrat, said Germany should consider a minimum wage between €7.20, or $10.58, and €7.50 an hour.”
Some have considered a wage of 4.50 euros per hour to be adequate as long as the exclude trainees.
The biggest concern is of course what level to set it at. A minimum wage of 7.50 euros an hour would probably end with employers hiring less people, giving Germany once again bad unemployment rates.
It’s be almost 6 months since this the source of this post was written (via iht.com), so it’ll be interesting see what the trend is this upcoming December.
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with the goverment in germany being so supportive of its citizens, and helping with rentals and fees…(free schools, uni….) minimum wage is not a big thing to worry about…so far their system works…ok it has its flaws…but if u would go in it…u would reach a stable point in ur life…