Thursday, October 21, 2021

What'll Happen When the 12-Euro Per Hour Minimum Wage Arrives?

 Presently, the wage minimum in Germany is 9.60 Euro per hour.  By mid-summer of 2022, it'll go to 10.45 Euro per hour.  

Based on the chatter of the SPD-Green-FDP coalition group....12-Euro will occur (probably by early 2024). 

Once it falls into place....'sticker-shock' will start to occur in odd places like bars, fast-food restaurants, etc.  

Driving this whole agenda?  Lets be honest and admit that a lot of no-skill jobs now exist in Germany, and skill-jobs often do pay real money (16 Euro and beyond).  This is why the emphasis of getting educated and certified in something is so critical for these 17 and 18 year old kids.  Your position in life, and your pay-status....is absolutely dependent on you having a skill.

1 comment:

Claudio said...

Here where i live in Toronto the minimum wage is set to 14.35 cad an hour that converts down to 10 euro at the current rate, even at this rate employers cannot find people willing to work or tgey are cery unreliable, come for a few days then they leave, a lot of folks are on COVID benefits something called CERB CANADA EMERGENCY RESPONSE BENEFITS that basically pays about the same amount, that is set to expire on Nov 20’th will see what happens next. But if i were to bet i guest they will extend the benefits… people got used to stay at home and go about their day and get the money from the goverment