POST Online Media Lite Edition



 

German managers want mandatory minimum wages

Staff writer |
A survey of German managers conducted for the Handelsblatt business newspaper showed 57 percent wanted a mandatory minimum wage in the country.

Article continues below








Those in service industries were the most in favour with 61 percent saying they wanted a minimum wage. An hourly rate of 8.88 euros was considered suitable, the managers told pollsters from Forsa who carried out the survey.

Only seven percent of those asked said the introduction of a minimum wage would lead to job cuts in their own company, although those in the north and east were less optimistic, with 12 percent expecting a minimum wage to cost jobs, than those in the centre and south, where just six percent had such expectations.

The social rift in Germany between rich and poor had been growing over the past decade, 59 percent of the managers agreed. Despite a promise by opposition Social Democrats that they would introduce a minimum wage if they won the September general election, very few businessmen trust them with the economy.

When asked which party they would like to see implement economic reforms after the coming election, 53 percent of the managers went for Chancellor Angela Merkel's Christian Democratic Union, while current coalition partner the Free Democratic Party got 18 percent. The Social Democrats were able to get just two percent support, while the Greens got four percent.


What to read next

German construction workers, employers agree on wage hike
German real wages rose less sharply in 2016
Costa Rica announces minimum wages for 2nd half 2016