GERMANY INCREASED MINIMUM SALARY TO 47600 EUROS FOR OBTAINING BLUE - TopicsExpress



          

GERMANY INCREASED MINIMUM SALARY TO 47600 EUROS FOR OBTAINING BLUE CARD BY NON EUROPEAN WORKERS IN THE COUNTRY EFFECTIVE 1ST JANUARY 2014 Jan. 14, 2014 What is the change? Germany has increased its annual minimum salary requirements for Blue Card holders. What does the change mean? The new minimum gross annual salary for Blue Card holders is €47,600. Implementation timeframe: Jan. 1, 2014. Visas/permits affected: EU Blue Cards. Who is affected: Companies employing first-time EU Blue Card holders in Germany. Impact on processing times: None. Business impact: The increased salaries will impact business costs of assignments in Germany. Next steps: Employers should make sure minimum salaries comply with the new rates. Background: The German Federal Ministry of the Interior raises its minimum salary requirements at the end of every year for the following year to keep pace with statutory pension obligations. For 2014, the minimum gross yearly salary for first-year EU Blue Card holders has been raised to €47,600 from €46,400. If the salary threshold is met, an employer does not need approval of the EU Blue Card by the Federal Employment Agency. For workers in shortage occupations, the salary threshold for 2014 is €37,128 – up from €36,192. This category of workers generally requires approval by the Federal Employment Agency unless the employee has a German university degree.
Posted on: Sat, 01 Feb 2014 03:08:24 +0000

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