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DetlefK

(16,423 posts) Wed Nov 27, 2013, 08:41 AM Nov 2013

Germany will get a minimum-wage in 2017: €8.50 = $11.56

http://www.spiegel.de/international/germany/merkel-reaches-agreement-to-form-new-german-government-a-935934.html

The coalition-government-negotiations between CDU and SPD yielded the introduction of a minimum-wage in Germany. It never had one; strong unions kept the wages appropriate.

The caveats:
- There will be a transition-period first, which will end on January 1st 2017.
- If the union agrees, a company is allowed to go below minimum-wage.

3 replies

= new reply since forum marked as read

Highlight:

Germany will get a minimum-wage in 2017: €8.50 = $11.56 (Original Post) DetlefK Nov 2013 OP

Looks to be a living wage. diabeticman Nov 2013 #1

republicans will expect Germany's economy to fall apart now - massive unemployment. pampango Nov 2013 #2

"We don't have to compete with workers in other countries ..." DetlefK Nov 2013 #3

diabeticman

(3,121 posts)

1. Looks to be a living wage.

Reply to DetlefK (Original post)

Wed Nov 27, 2013, 08:52 AM

Nov 2013

while we are stuck at $7.25

pampango

(24,692 posts)

2. republicans will expect Germany's economy to fall apart now - massive unemployment.

Reply to DetlefK (Original post)

Wed Nov 27, 2013, 10:23 AM

Nov 2013

"Germans don't seem to understand that they won't be able to compete with workers in poor countries" will say the right wing politicians and economists. Thankfully, Germany seems to know how to run an economy with strong unions and high pay.

DetlefK

(16,423 posts)

3. "We don't have to compete with workers in other countries ..."

Reply to pampango (Reply #2)

Wed Nov 27, 2013, 10:30 AM

Nov 2013

"We can always sell them high-quality cars and guns!"

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