Posted on 08/01/2016 4:27:49 AM PDT by Olog-hai
Members of Chancellor Angela Merkel’s party are trying to combat the decline of internships since the introduction of the minimum wage.
The German minimum wage was just introduced for the first time at the start of last year, and government estimates say that the policy directly benefits 3.7 million workers.
But there’s one group of workers that it has apparently not helped so much: interns.
Interns in Germany must be paid the €8.50 per hour minimum wage under certain conditions, for example if they work more than three months at a non-required internship and have completed a university degree.
Since the introduction of the minimum wage, surveys have showed that the number of internship positions has dropped throughout the country. …
(Excerpt) Read more at thelocal.de ...
Now they’re going to go for higher minimum wages. First they’re overrun by regugees now this. Sorta sounds familiar. Sounds like someone is pulling some puppet strings and manipulating their country’s affairs too.
“The policy directly benefits 3.7 million workers”
... by stealing from 37 million others ...
In sectors where there are internships at all, e.g. advertising firms, the interns were often not paid *anything*.
So the difference between not getting paid squat and not getting an internship is that the not-interns now have time to do something profitable. Win-win :-)
Though I’d guess at some point when those firms don’t have any interns at all to exploit (let’s be fair and call it just that), they’ll have to adjust their business model.
But overall, internships are not the best example pro or contra minimum wage laws, IMO. Those doing vocational training in industry have always been paid, on a scale negotiated between the employer and employee sides, as it should be. Gov’t intervention on pay scales is a bad idea in any scenario.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.