ne question that often comes to people's minds when they consider moving to a different country for work would be, "How good is my offer?"?
So you've been offered a job in Germany but you're wondering what a good salary in Germany is? Well, you are not the only one! This article should provide you with all the information you need to make a final decision.
The salary you earn in Germany should allow you to afford your desired lifestyle in the country. According to I am expat, you will be in the above-average income class in Germany if your gross income exceeds 47.700 euros a year.
How Much Does A Good Salary In Germany Look Like?
Germany offers a wide range of salaries for different professions, and they depend on different cities. It is common for different people to have different opinions about what a good salary should be. There are some cities where you will make more money, but there may also be a higher cost of living.
How Good Is A Salary Of 60.000 Euros In Germany?
As you do your research, you may see in different forums that 60.000 euros gross a year in Germany is considered to be a good gross salary. It is well above the average salary of 47.700 euros per year and slightly above the national average. Approximately 18% of the national population earns this amount or more.
Having a gross annual salary of 60,000 euros, and assuming you are in tax class 1, you will receive about 5,000 euros, or 2,969 euros after taxes each month. A single person can make a good living with this income
What is the salary Requirement For Blue Card In Germany
Your German employer is entitled to pay you the same salary as your German coworkers. To prevent workplace exploitation, the German Federal Employment Agency (Bundesagentur für Arbeit) checks your salary before approving your work permit.
As per the Federal Office for Migration and Refugees (Bundesamt für Migration und Flüchtlinge - BAMF) you must earn at least 56,400 euros a year in order to qualify for an EU Blue Card. For employees in the occupational fields of mathematics, computer science, physics, engineering, the natural sciences, and human medicine (not including dentistry), a reduced annual gross salary of 43,992 Euros applies (as of 2022 - the salary thresholds are readjusted for each calendar year).
Minimum Wage in Germany?
Deutsche Welle - a German public, state-owned international broadcaster reported that German lawmakers have approved raising the minimum wage from 9,82 euros per hour to 12 euros per hour by October, 2022.
After this change in October, 2022, the government has stated that the minimum wage will remain unchanged at least for the next 15 months, and it will only be reevaluated in January, 2024.
In general, a full-time employee would be paid 1.610,48 euros a month for working 41 hours a week. While a part-time employee earns an average of 765,96 euros per week for 19,5 hours of work.
Lastly, it is ultimately up to you to decide whether the salary offered to you is right for you. Take into account your take home pay, the cost of living in the city in which you intend to live, quality of life, and other expenditures such as loans and rent.