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German Govt. approves $12.89 new minimum wage for hourly workers

 

After a close door meeting in the parliament, the German government have approved $12.89 as the new minimum wage for hourly workers due to inflation in the country.

According to the government, the statutory minimum wage in Germany will rise to 12 euros per hour which is equivalent to $12.89 in October.

This was agreed on Friday after a vote in the Bundestag parliament, in which the minimum wage was passed with the votes of the centre-left coalition, the Social Democrats (SPD), the Greens and the Free Democrats as well as the hard-left Die Linke party, before it was finally agreed upon.

According to the Labour Minister, Hubertus Heil, said that women and people in eastern Germany would particularly benefit from the increase in the minimum wage.

Meanwhile, the German Chancellor,  Olaf Scholz, from the SPD, had made the wage increase a key promise of his election campaign in 2021, as well as many other speakers during the debate used the current high inflation as part of the reason why a minimum wage was vital.

However, those in opposition   of the new minimum wage argued that it would not protect the people against further prices increases, adding that there were other ways; to increase purchasing power and keep Germany’s economy competitive.

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