Showing posts with label trade unions. Show all posts
Showing posts with label trade unions. Show all posts

Thursday, 3 July 2014

Germany approves first-ever national minimum wage

The German parliament has approved the country's first minimum wage, in a vote in the Bundestag on Thursday.
The wage will be set at 8.50 euros (£6.80) per hour, which is higher than the equivalent in the US and UK.
Angela Merkel's Christian Democrats approved the new policy as part of a power-sharing deal with the Social Democratic Party (SPD).
Germany has previously relied on trade unions and business groups to fix minimum pay instead.
At the moment, the country is one of