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Minimum wage rises to 8,84 euros

It's now official: The minimum wage will increase from €8,50 to €8,84 on January 1, 2017. The Federal Cabinet has approved this.

The statutory minimum wage will increase to €8,84 on January 1, 2017. The Federal Cabinet is thus following the decision of the Minimum Wage Commission at the end of June.  

The Minimum Wage Commission based its decision on collective bargaining developments, it is stated. The Minimum Wage Act stipulates that the commission decides on adjustments to the minimum wage every two years, with the first decision being made by June 30, 2016. It is also to continuously evaluate the effects of the minimum wage and report to the government every two years. The law as a whole will be reviewed in 2020. 

Text: / handwerksblatt.de

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