Beschreibung

"On the 1st January 2015, a nationwide statutory minimum wage of Euro 8.50 was introduced in Germany. On 1st January 2017 it was then increased to Euro 8.84. Prior to and during its introduction the economic policy debate focused mainly on the development of wages and the minimum wage's possible effect on the level of employment. Besides negative employment effects, employer-reactions to the minimum wage are also possible, such as a work-intensification, an increase in the requirements placed upon new applicants, or stricter recruitment practices. This article sets out initial descriptive results for the development of employment and firm recruitment following the introduction of the minimum wage." (Autorenreferat, IAB-Doku)