1 result for tag: Germany

German minimum wage brought productivity boost, study shows

By MalayMail February 18, 2020 Productivity by German workers has increased since the country introduced a minimum wage in 2015, a study published today by Anglo-German researchers showed. “Contrary to concerns that marked the debate before the national minimum wage was introduced, we did not find that it led to a reduction in employment,” University College London (UCL) researcher Christian Dustmann said in a statement. “On the contrary, the minimum wage increased productivity by redistributing workers from less productive to more productive companies,” Dustmann added. Read More