Germany approves first-ever national minimum wage

Author (Corporate)
Publisher
Series Title
Series Details No.49/2015 (July 2015)
Publication Date July 2015
Content Type

The ESPN Flash Reports are produced by the European Social Policy Network (ESPN) established in 2014 to provide the European Commission with independent information, analysis and expertise on social policies. The topics presented in the Flash Reports are identified by ESPN experts in the light of significant developments in their countries, or in some cases suggested by the Commission.

The ESPN is managed by LISER and APPLICA, with the support of OSE - European Social Observatory. For more information, please visit this website.
Following the adoption of the Minimum Wage Act by the federal legislature, a general statutory minimum wage of €8.50/hour was introduced in Germany on 1 January 2015. The law can be described as the key labour-market reform of the current Grand Coalition. Half a year after the introduction of the statutory minimum wage, labour market data show the continuation of the positive labour market development. Thus, the statutory minimum wage can be described as a resounding success. But there are still a number of problems.

Author: Gerhard Bäcker

Source Link http://ec.europa.eu/social/BlobServlet?docId=14327&langId=en
Subject Categories
Countries / Regions