Germany Minimum Wage 2020, Country Comparison The Highest Minimum Wage In The Eu Is Eur 12 36 Teller Report
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Germanys minimum wage was last changed in 1 jan 2015.
How much is minimum wage in california 2021. Statutory agreed branch specific minimum wages in germany in october 2020. Germany plans to raise the minimum wage to 919 euros 1074 per hour next year and to 935 euros per hour in 2020 the labor minister said on tuesday paving the way for a possible boost to. Minimum wages in germany increased to 935 eurhour in 2020 from 919 eurhour in 2019.
A higher minimum wage is often set by collective. However the states have the power to increase the federal minimum wage as 29 of them did. Minimum wage in germany 2019.
21 october 2020 8 million low wage jobs in 2018. Minimum wages in germany averaged 887 eurhour from 2015 until 2020 reaching an all time high of 935 eurhour in 2020 and a record low of 850 eurhour in 2016. This page provides germany minimum wages actual values historical data forecast chart statistics economic calendar and news.
Minimum wages in germany increased to 935 eurhour in 2020 from 919 eurhour in 2019. Tables on the subject. This increase marks a 035 4 increase on the level seen in 2018 and means pre tax wages of 1593 for people working the standard 40 hours a week.
The minimum wage will increase again from 1 january 2020 when it will be set at 935. The minimum wage in the united states is 725 per hour the 12th highest in the world. Slightly more than one in five persons in dependent employment 21 worked in the low wage sector in germany in april 2018.
Furthermore many states have enacted or proposed legislation to gradually increase the minimum wage by increments over the next several years to reach a specific wage. The minimum wage in germany in 2019 is 919 per hour. Germany is in the top third of european countries when it comes to minimum wages in early 2020 eu minimum wages were higher only in luxembourg france the netherlands ireland and belgium.
This means that roughly eight million jobs were low wage jobs pay of less than a gross 1105 euros per hour.
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