Ever wondered who’s bringing home the biggest paychecks in Germany? A recent study has revealed a fascinating trend: Indian employees are leading the pack when it comes to median gross wages!
According to the German Economic Institute (IW), Indian workers in Germany are earning a hefty average of €5,393 ($6,320) per month in 2024. That’s significantly more than Austrians (€5,322), Americans (€5,307), and even the Germans themselves, whose average is €4,177. Talk about impressive!
So, what’s the secret behind this financial success story? It largely boils down to skills. Many Indian professionals in Germany are highly concentrated in academic STEM fields – that’s Science, Technology, Engineering, and Mathematics. These are critical sectors with high demand and, consequently, higher earning potential.
The growth has been exponential. Since 2012, the number of Indian workers in Germany has skyrocketed almost ninefold, reaching over 32,800. A significant portion of these talented individuals, especially those aged 25-44, are fueling Germany’s tech and innovation landscape. This surge is also linked to the increasing number of Indian students who complete their studies in Germany and choose to stay, contributing directly to research and development. In fact, patent applications from inventors with Indian roots have soared by 12 times between 2000 and 2022!
As IW expert Axel Plünnecke notes, “Without skilled immigration, growth in the German economy would hardly be possible today – especially in the STEM professions and in terms of innovative strength.” He calls the skilled immigration from India “a particular success story.” It’s clear that Indian talent isn’t just earning well; it’s actively driving Germany’s economic future.
Source: https://www.yahoo.com/news/articles/study-finds-indian-workers-highest-132522978.html
