German Wages Increased Significantly in 2023
Full-Time Employees Earn More, Mini-Jobbers Surge
The year 2023 brought a significant boost to the earnings of full-time employees in Germany. According to the latest data, the median wage increased notably, indicating a positive trend for Arbeitnehmer.
Mini-Job Workforce Expands
In June 2023, the number of people employed exclusively as mini-jobbers reached 427 million, marking a substantial increase of 102,000 or 2.5%. This surge in mini-job employment highlights the growing demand for flexible work arrangements.
Nominal Earnings Rise
Revised results show that nominal earnings in Germany rose by an annual average of 2.6% in 2022 compared to the previous year. This increase is attributed to higher wages and salaries, reflecting the improved economic outlook.
Average Gross Earnings of Full-Time Employees
In April 2023, the average gross earnings of full-time employees reached 4323 euros. This figure represents the salary agreed upon with the employer before deductions for taxes and social security.
Median Remuneration for All Employees
The median remuneration for all full-time employees subject to social security contributions was 3646 euros in 2023. This indicates that half of all employees earned more than this amount, while the other half earned less.
OECD Employment Outlook
The 2023 edition of the OECD Employment Outlook will provide insights into the latest labor market developments in Germany and other OECD countries.
StepStone Salary Report
The 2023 StepStone Salary Report utilizes data from one of Germany's largest salary information databases to provide valuable insights into remuneration levels across various industries and occupations.
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