According to the daily Frankfurter Allgemeine Zeitung, Birgit Steinborn is Germany’s most powerful female executive. She heads up the works council at Siemens, and was recently appointed deputy chairwoman of its supervisory board. Who is Birgit Steinborn? How did she become such a high-flier? And how does she feel about the company’s plans to slash jobs?
Don’t overpay your employees!
What drives employees? There are many answers to the question: Responsibility is one thing, appreciation is another. And money? Not so important. More salary can even be dangerous.
According to the motivational pope Sprenger, money can trigger a flash in the pan motivation. “The half-life is usually no more than 48 hours,” says the management consultant. Happiness researcher Ruckriegel is a little more optimistic: “Once the basic needs are met, it takes about two to three months for the employee’s expectations to adjust and for them to be just as satisfied as they were before the salary increase.”
In the long term, however, there is a risk of dramatic consequences from excessive financial generosity. According to Sprenger, it increases the stimulus and expectation level and can thus trigger a real addiction to rewards. Ruckriegel also warns: “You always have to push more, but at some point the end of the road will be reached.” And the higher the starting salary level, the lower the impact on productivity and the higher the greed. Because then the main thing is to earn as much as possible more than the others.
Negotiations with the Works Council
How to negotiate with the works council? Preparation is key! Practical action plan: 1. Establish the right team. 2. Know your business case. 3. Set specific goals. This video is the second episode of the German Labor Law video series. In this video – Negotiations with the Works Council – Dr. Gerlind Wisskirchen will explain the key principles you should abide by when negotiating with the works council.
Oakland, California Homeless
Oakland California sure does have a homeless problem. Driving around town, there’s homeless encampments all over the place. They’re on the side of the roads in dirt lots. There’s long stretches of them on sidewalks. Some of them are tents, some are RVs, some are actual encampments with makeshift structures where hundreds of people gather in communities.
It’s estimated there’s around 5,000 homeless individuals throughout the city of Oakland, but no one really knows the exact number. And the number of people on the streets in Oakland has nearly doubled in the last two years alone.
How much does an Engineer make in Germany?
The estimated total pay for a Engineer is €67,886 per year in the Germany area, with an average salary of €62,886 per year. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users.
The estimated additional pay is €5,000 per year. Additional pay could include cash bonus, commission, tips, and profit sharing. The “Most Likely Range” represents values that exist within the 25th and 75th percentile of all pay data available for this role.
Engineer salary in United States
The average salary for a engineer is $57,342 per year in the United States. 8k salaries reported, updated at December 25, 2022
2022 Engineering Salary Statistics
What is an engineering degree worth? Year after year, engineering jobs are paid the highest average starting salary. According to the U.S. Bureau of Labor Statistics (BLS) engineers have a median annual wage of $100,640and the engineering field projects to have employment growth of 6 percent from 2020 to 2030—nearly 146,000 new jobs over the next decade.
Electrical engineer salary in U.S.
The average salary for a electrical engineer is $85,818 per year in the United States. 11.8k salaries reported, updated at December 25, 2022
Salaries in Germany
Many people are moving to Germany because the working conditions and salary are often much better than in their home country. See how much money you can expect to earn and get some insights from a German.
YouTube comments:
“After working in Germany for several years in different cities and PhD in STEM, I can tell you that salaries are not that high as people imagine. After considering expensive rents and high tax, your disposable income isn’t much. The benefits come from social benefits, usually nice working hours, paid holidays, healthcare, great cheap alcohol and peaceful country. If you seek making a lot of money, Germany isn’t your country. In Europe you probably have look north for higher salaries and Switzerland, in Asia, some highly developed countries like Singapore. If you have a high level of education and work for a good company in the USA and even sometimes in Latin America, are better places to make great money. But hey money isn’t everything, you need to evaluate pros- and cons.”
“While average income in Germany was relatively high in 2019 with ~€3500 as mentioned in the video, the median was much lower with just €2500 (gross income). That means that 50% of the German population earn less than €2500 (~€1700 after taxes and insurances). It’s also worth mentioning that you’re considered upper class with a net income of around €5500 gross income, but you have to pay the property tax with just a monthly income of around €4500 gross income. If you plan to buy real estate in Germany: Forget it.”
“I work in a big car company in Germany as Engineer… and I can tell you the salaries are not high compared to the very high rent (or apartment prices), taxes and high prices of Energy and Benzin in Germany. I really wonder how people here are able to live who get lower salaries. And at some point you have to save to buy a house or an apartment (with something like half a million Euro) because after geting retired, your income gets 60% lower and then you will not even afford the rent of your apartment. I saw retired people who had to move to smaller worse apartments or ask for social housing or shelters. I think life here is not as rosy as people in the third world think. What is worse is: I think the government and politicians in Germany do not care much about this problem, or act as if there is no poor people in Germany at all. Politicians in Germany are rather busy with saving the Earth, recycling and cutting CO2 as their main mission… helping the poor or the middle class in Germany comes as second priority.”
“From the US here and about to start my first job out of college in Germany. I’m going there for the quality of life, I don’t care that I can make more here — if I die tomorrow the extra savings means nothing, but a strong welfare/healthcare system, fewer stupid people, better infrastructure, lower crime rates, better work culture, decent politicians, beautiful nature and architecture, etc. will have made me enjoy my life every day. I want that peace of mind and I can’t get that here. Everything is fundamentally messed up here and nothing will change in a meaningful way anytime soon.”
Salary and Job Security
Salary is still the top priority for Germans when choosing a job. More than two thirds of those surveyed (67 percent) see remuneration as a top employer characteristic. This is the result of a nationwide, representative survey by the opinion research institute Innofact on behalf of TARGOBANK.
This means that the topic of salary has gained even more importance compared to 2017 (2017: 61 percent) when the survey was first carried out. Job security came in second place among the most important employer characteristics this year – half of those surveyed stated that this was of great importance to them.
In 2017, however, it was even more important to those surveyed at 60 percent. The location of the company is also very relevant to those surveyed: around a third attach great importance to this when choosing an employer. Awareness or the size of the company, on the other hand, still do not play a major role (around 4 percent each).