Before taking a decision about studying a degree in Germany we will think about many factors like what is the scope of the field in the country, Job opportunities in the country, ROI(Return on Investment) etc…. This article helps students to understand the scope and Return on Investment factor in Germany which are considered as important factors before taking a decision.
This article answers all the above questions. The data in this article are collected from the Federal Employment Agency website.
What is the average gross Remuneration according to the regions in Germany?
There are 16 regions in Germany, the monthly average Gross remuneration differs from region to region.
The average gross remuneration in Hamburg ranks high with 3,619 Euro and the top employed sector is the Retail trade(excluding trade in motor vehicles). The region with the lowest gross remuneration in Germany is Mecklenburg-Western Pomerania with 2391 Euro and the top employed sector is health service.
Average gross Remuneration according to the regions in Germany
The Gross remuneration factor depends on the Cost of living. For example, the average gross remuneration in Bavaria is 3345 Euros whereas the average gross remuneration in Saxony-Anhalt is 2494 Euros. It means employees in Bavaria are earning 29% higher than the employees in Saxony-Anhalt. But the cost of living in Bavaria is higher than the cost of living in Saxony Anhalt. For example: let us compare two cities. Munich one of the city in Bavaria and Magdeburg one of the cities in Saxony-Anhalt.
Consumer Prices in Munich are 13.09% higher than in Magdeburg,
Consumer Prices Including Rent in Munich are 41.13% higher than in Magdeburg,
Rent Prices in Munich are 153.44% higher than in Magdeburg,
Restaurant Prices in Munich are 27.95% higher than in Magdeburg,
Groceries Prices in Munich are 6.12% higher than in Magdeburg.
How much do engineers in Germany are paid ?
For this analysis we have taken into consideration the following field :
- Mechanical and automotive engineering professions
- Mechatronics, energy u. Electrical Occupations
- Construction and civil engineering professions
- Mathematics-biology-chemistry, physics professions
- IT and other ICT professions
- Professions Business Management, Organization
- Vehicle-aerospace, shipbuilding
- IT system analysis, user consultant, IT sales
- IT-Netzwerk., – Coord., – Administration, – Organization.
- Software Development and Programming
Gross Remuneration according to region and engineering field
Among all these, the top paid engineering field in Germany is IT(Information Technology). Region Bavaria ranks top paying average gross remuneration of 5719 euros for IT system analysis, user consultant and IT sales employees. Region Hesse pays average gross remuneration of 5352 Euros for IT and other ICT professions and 5508 Euro for IT-Netzwerk., – Coord., – Administration, – Organization. Region Baden-Württemberg pays average gross remuneration of 5353 Euro for Software Development and Programming.
The second topmost paid field from the above list is mathematics-biology-chemistry, physics professions with Gross remuneration of 4000 Euro. Region Rhineland Palatinate ranks top paying 4499 Euro for mathematics-biology-chemistry, physics professions.
Lowest paid Engineering field in Germany is Construction and civil engineering with average Gross remuneration of 2821 Euros.
The average Gross remuneration for mechanical and automotive engineering in Germany is 3513 Euro. Bremen ranks top paying average gross remuneration of 4467 Euros for mechanical and automotive engineering professions.
The average gross remuneration in Germany for mechatronics, energy u. Electrical Occupations is 3543 Euros and for vehicle-aerospace, shipbuilding is 3157 Euros.
How much can students earn by working in a Part-time job ?
Students from Non-EU countries are allowed to work 120 full days or 240 half days per year and not allowed to be self-employed or work as freelancers. If you need to work more than these hours then you need to get permission from Agentur für Arbeit(local employment agency) and the Ausländerbehörde (foreigners’ registration office).
From 1 January 2015, the general statutory minimum wage of 8.50 euros applies in Germany. To check the current minimum wage click here. How much you earn in your part-time job depends on your expertise, the region and the sector in which you want to work. Students can earn up to 450 EUR per month without having to pay taxes. But if you regularly earn more than 450 EUR, you will need a tax number. A certain amount will be deducted from your salary each month, which you will get back if you submit a tax return at the end of the year.
The pay scale in Germany depends on Cost of living and it differs from region to region. How much you earn depends on your expertise, region and the sector. Apart from this, the statutory minimum wage in Germany ensures “Fair” wages for all the employees.