Tuesday, November 15, 2022

What You And Your Boss Contribute To The German Social System

 First, for your social pension deal.....out of your salary, you contribute 9.3-percent, and your company/boss contributes the same amount.....so it's 18.6-percent of salary that goes into the pot.

Second, health insurance.  Similar deal....you throw 7.3-percent and your company/boss contribute 7.3-percent.....so it's 14.6-percent of your salary going into the pot.

Third, unemployment contribution?  1.2-percent of the salary from each of you....so 2.4-percent.

It may seem like it's a divided function here, but all of it arrives against the product or service that you as a worker 'sell' somewhere in the reality of things. 

No comments: