
Forbes has published a follow-up article on their 2011 look at how German carmakers are able to pay their workers twice as much and still take in double the profits of their American competitors. The average German auto worker gets an average salary of $67.14 per hour while in America workers only see an average salary of $33.77 per hour. Could it be that the higher cost of German cars makes up for the pay difference?
Der Spiegel looked into the claim themselves and found that there were a number of misleading factors at play, including the hiring of top talent, cheaper contract labor, and temporary workers. The article by Forbes does a decent job analyzing these claims to figure out the true reason behind the major pay gap. Check out the source link for the complete article.
Source: Forbes
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