• Germany edition
 

Jobs in Germany - in English

Hundreds of great job opportunities for foreign professionals at Germany's top employers - in cooperation with Monster, Experteer, Stepstone, and CareerBuilder.
What
Where
3,083
jobs available

For Recruiters

Find English-speaking professionals with The Local.
Advertise a vacancy
Merkel: fat cat packages must slim down
Photo: DPA

Merkel: fat cat packages must slim down

Chancellor Angela Merkel seemed to take a cue from Germany's left-wing opposition on Wednesday, criticizing excessive manager pay packages and welcoming European moves to limit them.

Published: 13 Mar 2013 10:49 CET

She could "well understand if people can only shake their heads at some pay packages which are completely out of proportion - and want that it stops," Merkel told the Chemnitz-based Freie Presse newspaper.

"Excess cannot be [tolerated] in a free and socially-responsible society," she said.

And, sounding more like a left-wing Social Democrat than a conservative in a coalition with the business-friendly Free Democratic Party, Merkel added she thought it was "very good" that the European Union was looking for ways to increase controls over manager remuneration.

The EU is working on proposals to enable shareholder meetings as well as supervisory boards to have a statutory say in managers' pay packages.

This comes after the success of a popular initiative in Switzerland to introduce this tool to control excessive manager pay, which also prompted demands in Germany for a similar move.

"Sadly it has been shown that it is not enough to leave the matter to self-regulation of business alone," Merkel told the Freie Presse. "Even though we here in Germany have a somewhat different situation due to the influence of workers [who have seats in supervisory boards], I am in favour of the topic being tackled on a European basis."

The idea of a minimum wage was not as simple as setting a figure, she said, rejecting the €8.50 an hour across-the-board demand of the opposition Social Democratic Party.

She said people understood that such a unitary figure would not take account of differences between industries and regions.

The Local/hc

The Local (news@thelocal.de)


Don't miss...X
Left Right

Your comments about this article:

The comments below have not been moderated in advance and are not produced by The Local unless clearly stated. Readers are responsible for the content of their own comments. Comments that breach our terms and conditions will be removed.

ADD YOUR COMMENT   (YOU MUST LOG IN OR REGISTER TO MAKE A COMMENT)
Your German Career
In this week's JobTalk, Tanya Schober, who is originally from India, talks us through her journey to German citizenship.
In this week's My German Career, Anupama Gopalakrishna, who is originally from Bangalore in India, tells The Local about her new life in Frankfurt.
In this week's My German Career, US pastor Jeff Ingram, 54, talks about life in the church and the advantages as well as the downside of Germany's desire for order.
Working in a German office can be a tricky business, especially if you haven't quite mastered the language. The Local is here to help with some useful phrases to impress your colleagues.
In this week's My German Career, Yvonne Gruendler, 32, describes her job as a marketing officer after finding her way to Berlin via Asia and the UK.
European politicians of all hues have heaped praise on the German apprenticeship model. The Local's Patrick Reilly meets young Swedish jobseekers ready to head south for a salary, despite the language barrier.
German Employment News
Southern and central Bavaria have the lowest unemployment in the EU, according to figures released on Tuesday, with one business leader boasting the area has “de facto full employment”.
Germany said on Monday it would no longer accept applications for a programme to attract young Europeans to its job market due to overwhelming demand from crisis-ravaged countries.
For those looking for a career change or to simply experience life in Germany, teaching English may pave the path to success.
Starting out on a job hunt in Germany but not quite sure where might be worthy of your CV? Let us inspire you with this week's Job Talk, in which we list the country's favourite employers.
The number of jobless foreigners in Germany has increased to 541,000 including more than 400,000 from European countries. The figures appear to make a mockery of draft government proposals to kick out unemployed EU migrants.
Looking for a job in Germany but having trouble with your CV and cover letter? The Local has translated some German terms best avoided, courtesy of LinkedIn's annual list of "overrated" buzzwords.
MTU Maintenance Hannover GmbH
Hannover
Stepstone
Added 04/25/14

Robert Bosch GmbH, Leonberg
Leonberg
Stepstone
Added 04/25/14

Deutsche Post DHL
Bonn
Stepstone
Added 04/25/14

Roche in Deutschland
Waiblingen bei Stuttgart
Stepstone
Added 04/25/14

Osram Opto Semiconductors GmbH
Regensburg
Stepstone
Added 04/25/14

Osram Opto Semiconductors GmbH
Regensburg
Stepstone
Added 04/25/14

Osram Opto Semiconductors GmbH
Regensburg
Stepstone
Added 04/25/14

DHL Express
Bonn
Stepstone
Added 04/25/14

Deutsche Post DHL
Bonn
Stepstone
Added 04/25/14

Deutsche Post DHL
Bonn
Stepstone
Added 04/25/14