German minimum wage standards 2021

The ranking of Germany's minimum wage standards in Europe is based on the "2019 European Minimum Wage Report" previously released by the German Economic and Social Institute (WSI). The minimum hourly wages of all countries in Europe were analyzed and published. related rankings. The report shows that the legal minimum wages in European countries in 2019 can be classified into five different levels. The highest ranking is Luxembourg, with 11.97 euros/hour. France, the Netherlands, Ireland, Belgium, the United Kingdom, and Germany tied for second place. The first tier: more than 10 euros/hour, Luxembourg. The second tier: more than 8 and less than 10 euros/hour, France, the Netherlands, Ireland, Belgium, the United Kingdom, and Germany. The third tier: more than 3 and less than 6 euros/hour, Spain. , Slovenia, Malta, Portugal, Greece, the Czech Republic, Poland The fourth tier: more than 1 and less than 3 euros/hour, Hungary, Turkey The fifth tier: less than 1 euro/hour, Ukraine, Russia In addition, according to the World Inequality Database ( According to WID), in many poor countries, the minimum wage level in rich countries is enough to enter the top 10% of income earners. Taking Germany as an example, those with a monthly income of more than 3,440 euros belong to the top 10% of German income earners, and are considered to have entered the wealthy class. The minimum annual income in Germany is 19,452 euros. If they immigrate to other countries with the same income, That is, they belong to the upper class society of the destination country.

1. The median income of employees in Germany is approximately 43,200 euros. The Q1 line is 58,120 euros, and the Q3 line is 34,105 euros. 2. From a regional perspective, Baden-Württemberg ranks first with a median income of 46,600 euros. Hesse (46,300 euros) and Hamburg (45,600 euros) ranked second and third respectively. Bayern Munich (45,124 euros) ranks fourth. 3. From an industry perspective, high-paying industries are biotechnology, financial investment, semiconductors, banks, and pharmaceuticals, with median incomes above 60,000 euros. 4. The impact of company size on median income Numbers have a direct impact. The median income of employees in large companies with more than 20,000 employees is 70,623 euros. The median employee income of companies with less than 50 employees does not exceed 40,000 euros. 5. The median annual income of company management (Führungskr_fte) is between 80,000 and 90,000 euros. Among them, Hesse has the highest value, reaching 100,378 euros, Bayern has 98,182 euros, and North Rhine-Westphalia has 96,930 euros. The lowest in the states is about 78,000 euros. 6. Whether you have received higher education or not has a great impact on the median income. In Baden-Württemberg, the state with the highest level of income, the median annual income of employees without higher education is 20,00 euros lower than that of employees with higher education (61,571 vs. 40,803). In Meiqian State, which has the smallest degree, the difference between the two is 15,00 euros (44,494 vs 29,486).