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Germany: Minimum wage to increase to €12.41 in 2024

The minimum wage in Germany is set to rise in 2024.
The minimum wage in Germany is set to rise in 2024.

German news. The minimum wage in Germany is set to rise in two stages from the current €12 to €12.82 per hour. The first increase to €12.41 is to take place next year, with a second boost to follow in 2025.

Germany is set to raise its minimum wage to €12.41 ($13.51) per hour beginning on January 1, 2024, based on new recommendations from the country’s Minimum Wage Commission. The current minimum wage is €12 per hour.

A year later, on January 1, 2025, the minimum wage is to be raised to €12.82, according to the recommendations, which are almost always put into effect by the German government.

Every two years, the commission, which is made up of representatives from companies, trade unions and science, issues a recommendation on the future level of the minimum wage.

According to DW the commission said, The resolution comes at a time of weak economic growth and persistently high inflation in Germany, which poses great challenges for companies and employees alike.

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