Hire your remote team in Germany

Name: Hire a remote team in Germany
Brand: Rivermate
SKU: germany
Price: 499 EUR
Availability: InStock
Rating: 4.4 (5 reviews)

Only 499 EUR per employee per month

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Hiring a remote team in a country as Germany comes with a lot of overhead, such as compliance, local laws, taxes, etc. As a company, you don't want to worry about knowing all the local laws. Instead you want to focus on your remote team and the business. Rivermate's Employer of Record (EOR) solution helps companies hire remote employees in Germany. We take care of global payroll, taxes, benefits, compliance and HR activities. So you can focus on growing your business.

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1. Hire a remote team in Germany with Rivermate

Payroll, benefits, taxes, and compliance can be difficult to manage in Germany, particularly if you don't have established local relationships. You can hire employees in Germany effectively, conveniently, and in full compliance with all relevant labor laws using Rivermate's global Employer of Record (EOR) solution. We handle the responsibilities and legal risks associated with foreign employment so you can concentrate on growing your company.

Table of contents

Hire a remote team with Rivermate
Introduction
Hiring a remote team in your country
Cost of living
Cost of renting
Major industries
Hiring cost
Employment laws
Top skills
Economic landscape
Market size
Minimum wage
Why choose Rivermate?

2. Introduction

Rivermate is a global employment solutions company that provides Employer of Record services in Germany.

As an employer of record, we help you hire employees and run payroll services in Germany, allowing you to avoid the necessity of first establishing a branch office or subsidiary in Germany.

It is not necessary to establish an entity in order to hire an employee. We can hire your employee in any country with a few mouse clicks. Using our Employer of Record solution, you can have full compliance, benefits, and automated payments.

If you wish to hire a remote team in Germany or individually hire remote employees in Germany, Rivermate’s global employer of record services will make sure that the process will be as seamless as possible for you.

Send us a message so we can talk about how Rivermate’s Employer of Record Germany services can best help your company!

3. Hire a remote team in Germany

Germany is a scientifically sophisticated country with a number of well-known firms. Despite having an aggregate population of 83 million people and a GDP of $4.31 trillion, the nation has an unemployment rate of less than 5%. It is also the United States' most important trading partner. The government was able to battle the COVID-19 epidemic admirably thanks to the establishment of excellent tactics and procedures.

With technological improvements, Germany has become a desirable destination for competent people seeking work in a variety of fields. Germany is also recognized for its interesting and rich history, magnificent scenery, and cosmopolitan culture, which attracts expats from all over the globe. There are several chances accessible here, and the authorities are eager to welcome intelligent individuals wishing to further their careers in Germany.

4. Cost of living in Germany

Germany's cost of living is $1325, which is 1.42 times higher than the global average. Germany ranks 30th out of 197 nations in terms of cost of living and 17th in terms of quality of life.

In Germany, the average after-tax wage is $2611, which is adequate to meet living costs for two months.

5. Cost of renting in Germany

The cost of renting varies somewhat depending on location and features. In Germany, the average cost of shared housing ranges from $357.49 to $953.32. The rent for a single-bedroom apartment is roughly $834.15. The ideal city is determined by the availability of resources in the area, and the desired lifestyle has a significant impact on rental expenses.

6. Major industries in Germany

The service sector accounts for 70% of the country's overall GDP. Furthermore, it provides employment for more than 70% of the working population. This industry includes tourism, banking, and telecommunications. Germany is a famous tourist destination as well as a significant financial center, attracting numerous national and international investors.

The nation also exports material worth around US $1,810.93 billion to a variety of countries (2019). 41% of the nation's manufacturing output is used in the export industry. This includes the export of automobiles, machinery, transportation, medicines, and electrical equipment, among other things.

Aside from that, the authorities support a wide range of study. Students are asked to do their Ph.D. research, and many of these projects are financed by the government. This has resulted in the bridge of academic knowledge and practical application, as well as the rise of a scientific attitude among the public.

This nation is also the first to adopt Energiewende, the renewable energy production strategy. Many of the biggest corporations in the area are family-owned. Fortune Global 2000, Allianz, Daimler, BMW, Volkswagen, and 53 other international corporations have their headquarters here.

Germany is a polycentric nation with the Frankfurt Stock Exchange. The biggest media corporation, Bertelsmann SE & Co. KGaA, is headquartered in Gutersloh, while the main automobile manufacturers are headquartered in Munich (Audi and BMW), Stuttgart (Mercedes Benz), and Wolfsburg (Volkswagen).

Bayern and Baden-Wurttemberg have the lowest unemployment rates (about 3.7% and 2.1%, respectively).

7. Hiring cost in Germany

The employer must look into several factors before recruiting any employee in Germany. Some of the most important factors are mentioned herewith:

- Onboarding and training procedure

- Training period and cost of hiring

- Cost of Interview and onboarding

8. Employment laws Germany

The employment laws are fair and provide a flexible environment to the individuals hired. Some of these laws are:

- Terms and Conditions of the employment

- Data protection and privacy employee privacy

- Maternity and family leave rights

- Discrimination

- Business scales

- Protecting business interest following termination

- Court practice and procedure

9. Top skills Germany

A wide range of talents are necessary to work in the German workplace. The government encourages research on a variety of dimensions; a gap between academic knowledge and actual application of abilities is bridged here. Individuals with a variety of hard and soft talents are commonly employed in private, semi-private, and other companies.

A few areas that have witnessed major growth in the country:

- Research and development

- Academics

- Technicians

- Engineers (IT, automobile)

- Animation

- Hospitality (for tourism and entertainment sector)

- Linguistic (performing arts, languages)

Top Cities occupation wise and their average salaries

- Berlin is the capital city of Germany. An employee's average income in this city is roughly €50,000 (US $59,554.75). This city has a wide range of chances and employment. Students from other nations arrive with ambitions and do not go empty-handed. ICT firms, the entertainment industry, and media outlets are all represented here.

- Frankfurt is the fifth-largest city in Germany, with a population of 717,624 people. The city's monthly income varies from €1,020 (US $1,214.92) to €18,100 (US $21,558.82). This city has one of the lowest employment rates in the nation, with a percentage that is even lower than 5%. Finance, telecommunications, logistics, and pharmaceuticals are a few of the key vocations here.

- Munich is Bravia's biggest metropolis, employing around 750,000 people. In this city, the typical wage is roughly €46,309 (US $55,301). It is also the country's greatest supply of highly qualified personnel. Major professions in this area include in biotechnology, electronics, media, and the car sector.

10. Economic landscape in Germany

Germany is a world leader in industrial development, with a GDP of $4.3 trillion (2019). Despite severe limits on its operations as a result of the COVID-19 epidemic, the nation has maintained its general status as a worldwide economic powerhouse. The GDP growth rate for 2020 has been set at 4.7%, and with the pandemic situation stabilizing, this figure will rise in the next years. The country's unemployment rate has also decreased overall throughout the years.

11. Market size in Germany

Germany is the European Union's biggest consumer market and greatest trade partner with the United States. Despite the worldwide effect of the COVID-19 epidemic, the country's growth continues. According to 2020 statistics, its GDP has dropped by 10.1% overall compared to the previous year, however the unemployment rate is just 4.5%. The most important industries in the nation are finance, research, health care, and autos.

12. Minimum wage in Germany

The minimum wage in Germany is currently at 9.60 EUR per hour. On January 1, 2022, the statutory minimum wage is set to increase to 9.82 euros. On July 1, 2022, the statutory minimum wage is set to increase to 10.45 euros.

13.Why choose Rivermate to hire your remote team in Germany?

Establishing an entity in Germany to hire a team takes time, money, and effort. The labor law in Germany has strong worker employment protection, requiring great attention to details and a thorough awareness of local best practices. Rivermate makes expanding into Germany simple and effortless. We can assist you with hiring your preferred talent, managing HR and payroll, and ensuring compliance with local legislation without the hassle of establishing a foreign branch office or subsidiary. Our PEO and Global Employer of Record (EOR) solutions in Germany give you peace of mind so you can focus on running your business. Please contact us if you'd like to learn more about how Rivermate can help you hire employees in Germany via our Employer of Record (EOR) / PEO solution.