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"SINCE 1983, WE HAVE BEEN MAKING YOU FEEL AT HOME
WHEN GROWING BUSINESS IN GERMANY."

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ABOUT US

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The new minimum wage in Germany

THE NATIONAL MINIMUM WAGE AND ITS IMPACT ON COMPANIES

As of January 1st 2015 the nationwide legal minimum wage comes into force in Germany. The minimum wage now is initially 8.50 euros per hour. Basically, the minimum wage is applicable for all employees over the age of 18, working in Germany in all sectors and regions. However, there are some exceptions and special arrangements among teenagers, trainees, long-term unemployed people, seasonal workers and newspaper delivery staff.

Companies have to deal with the implications of the new law already today and prepare themselves for the upcoming year: existing compensation arrangements need to be reviewed and modified as necessary. Documentation and reporting requirements should be adapted and liability arrangements in respect of contractors may be replaced. In future, advanced recording obligations and liability risks occur for companies employing staff.

Example:

  • On the due date of minimum wage payment: The minimum wage must be paid within one month. If this does not happen, a fine of up to 500.000€ can be estimated.
  • Penalty liability for principals: Up to 500.000€ fine can be imposed on violations of contractors and their subcontractors.
  • In the field of "mini-jobs" : In future, employers are required to keep record and provide documents including the information of start and end date, duration of working hours, and general daily work performance up to two years, otherwise a fine of up to 500.000€ can be estimated.

These are just a few of the changes to come into effect by the new law from 01.01.2015. For further questions or concrete assistance in the field of the German national minimum wage, please contact us under info@consultinghouse.eu or +49 (0) 6181 - 250 330.

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ANDREAS WILKE
Owner
+49 6181 250 330

WHY US?

  • Strong experience in supporting foreign companies to develop their business in Germany
  • Our clients success is our success. Our objective is to grow along our clients
  • We are family owned. Our long- term perspective allows for good strategy and decision-making

CONTACT US

To learn more about our services and how we can create value for our international clients when doing business in Germany, please contact us by filling out the following form. You also can get in touch with us directly
+49 (0) 6181 70115 30 or +49 (0) 618 125 03 30 or info@consultinghouse.eu