Department of Labor Rule Increases Minimum Salary Threshold for Exempt Employees
10 Articles
10 Articles
The minimum wage in Germany will be increased by 6.6 million people from 2026, according to the latest estimate by the Federal Statistical Office in Wiesbaden.
In Germany, no one can earn less than 13.90 euros from the coming year. In concrete terms, this means that employers have to pay 400 million more wages from the coming year. For employees, 6.6 million people have more on their accounts at the end of the month.
In 2026, the minimum wage rises to 13.90 euros per hour. According to an estimate, this benefits about one in six employees.
In Spain, the increase in the minimum wage interprofessional (SMI) has led to a change in the most frequent salaries in the country.According to the data of the recent 'Salary Structure Survey', published by the National Institute of Statistics (INE), the most common annual gross salary in 2023 was 15,154,90 euros per year. Between 2018 and 2021, the most frequent annual gross salary in Spain was above 18,000 euros. However, in 2022 it suffered …
Some 6.6 million jobs in Germany are affected by the increase in the minimum wage to EUR 13.90 per hour from 1 January 2026, reports the Federal Office of Statistics. This is about 17% of the employment contracts for which an increase is expected compared to the current situation up to 6%. To benefit from the increase are mainly women (the increase involves 20% of female employment, while in men the percentage falls to 14%) and the citizens of t…
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