Intern pay

In Seeking Fairness, New Minimum Wage Creates New Inequality

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New regulations may lead firms to offer shorter internships to avoid paying the minimum wage.
  • Why it matters

    Why it matters

    The minimum wage planned for 2015 has exceptions for media industry entrants, but the new regulation will make it less likely for media companies to provide longer traineeships.

  • Facts

    Facts

    • Germany’s parliament decided to introduce a minimum hourly wage of €8.50 ($11.42) as of 2015 although this excludes interns and trainees for a longer period of time.
    • The exception relieves newspapers where the market is difficult and private television stations concerned about the minimum wage costing shareholders profits.
    • The new regulations mean firms are more likely to prefer less experienced students rather than recent graduates.
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    Audio

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