US EditionNew Minimum Wage: a Group Benefits Disproportionately – but Companies Warn of Job Loss
13 Articles
13 Articles
The minimum wage increase to 13.90 euros per hour has been valid since the beginning of the year. This will benefit up to 4.8 million jobs. But consumers will pay for it, as customers and taxpayers as well.
Each eighth employment relationship has so far been below the current minimum wage of 13.90 euros per hour. Those who benefit in particular from the increase.
At the beginning of the year, the minimum wage in Germany rose to 13.90 euros. This applies to almost 5 million employees. Companies want to respond to the cost push with higher prices and delete jobs.
"I estimate that the consequences of the increase will be primarily positive, because the increase is realistic, although ambitious," emphasized Luka Mesec. The annual bonus will also increase.
Millions of employees in Germany have received more pay since the beginning of the year. Up to six percent of the premium is due to the rising statutory minimum wage.
Does the new minimum wage also apply to the 53,400 mini-jobbers in the Bergisches? The trade union for food-to-food restaurants demands significantly more controls in the companies. In addition, the employees should check their January payroll, according to the NGG. Since January, the statutory minimum wage has been 13.90 euros per hour.
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