SALARY vs SAVINGS in Germany in 2024 🇩🇪 | Current job market in Germany

#germany #indian #studyingermany #lifeingermany #indianingermany #workingermany #jobsingermany #workingermany #jobvacancy #jobsearch #jobseekers
Video title : SALARY vs SAVINGS in Germany in 2024 🇩🇪 | Current job market in Germany
Timestamps:
00:00:00 Intro
00:00:37 Today's topic
00:01:07 Disclaimer
00:02:32 Salaries in Germany
00:03:43 Deductions
00:04:29 Expenses
00:08:00 Conclusion
📞 1:1 call sessions (study, job, move to Germany)
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[@bongingermany]

Hello viewers! Thanks for dropping by on my video. I hope this video helps you in your decision making and abroad journey. Make sure to subscribe to my channel if this video was useful and share it with all the new aspirants and job seekers. To connect with me personally, check the video description.

[@gji2797]

Finally a youtuber giving a neutral and rational point about Germany. Neither glorifying nor defaming Germany like rest other Indian KZbinrs.

[@bongingermany]

Thanks. Yeah I try to give the facts.

[@zainulabideen5587]

Thanks for sharing good insights, highly appreciated.

[@bongingermany]

Glad you liked it. 👍🏼

[@jaykadia29]

Very informative video 👍🏻

[@bongingermany]

Thanks

[@moatazmattar4714]

Thank you for honesty and the information. Much love from Egypt 🇪🇬

[@bongingermany]

You’re welcome. Thanks for your comment

[@bash662]

You are Right. I hv done the calculations also same percentage with 55000 as living in small city in Germany.

[@bongingermany]

Yeah the percentage/ proportion will be similar

[@AdH-vk9dt]

In Berlin or Munich, if you want to live in a 3 room apartment (70 sqm), the rent, including bills, would be easily on average 1800 euros. So even with big salaries in big cities, you won't be able to save much. Also, 75K salaries would be with at least 2 years experience and in mostly IT sector. a fresher usually starts with 45k to 55K in most cases.

[@shubhamshetye8202]

You are correct, taxes are the major junk eating your pockets also the inflation is increasing year on year. I think if you want better standard of living move to Europe. If you want to earn better go to US ( high salaries + high standard of living )

[@bongingermany]

Right. But one stark difference is that in the US , the “hire and fire” concept is prevalent and extremely dangerous

[@VikashSingh-jk2ky]

​@@bongingermanyespecially the Fire and Fire. You know what I mean. Germany is comparatively safe.

[@shoorveer1243]

​@@bongingermany Literally money is not above our life. We know whats happening in USA. Mass shooting is major problem in USA and mostly criminals targeting Indian immigrants.

[@srivastav3684]

@@VikashSingh-jk2ky who said germany is safe? It's not safe anymore. Even experience people are losing their jobs

[@crispkiller1157]

​@@srivastav3684 after you get fired you get Unemployment Insurance in Germany until you find a new job..?? Do you get that in USA.??

[@aabu4348]

Bro. You are a gentleman .

[@bongingermany]

Thanks

[@Why-D]

The basis a student without a job needs for a year in Germany is about 11.000,-€. And depending on the region (especially the rent) and how you want to live will add up. But on some websides (something with "Netto-Lohn' or 'Brutto-Netto') it is very easy, to calculate the net salary out of the gross salary.

[@Sumit.krishna99]

Bhaiya, pls make videos on Healthcare job and opportunities.

[@praveenr88]

its true and unbiased information based on my experience

[@bongingermany]

Thanks

[@Sumit.krishna99]

What is the scope after completing B. Pharm if one pursues a healthcare-related master's?

[@sushmitaghosh1055]

Dada ami akhon Btech korchu West Bengal theke , MS korte chai Germany theke , ki ki steps ache ekta video baniye debe ??

[@bongingermany]

Han ota asche khub taratari. Complete roadmap 👍🏼 keep watching

[@omen2667]

18 k euro as saving, that's the per annum salary of many people in India, Anyhow nice realistic explanation. With that in mind Every country has its pros and cons Ex -USA people don't even get work visa because too many outsiders,soon Germany will also introduce such a policy to limit the outsiders. As legend says grass always looks greener on the other side.

[@crazydrifter13]

Lagerhelfer, productionsmitarbeter etc mein bhi khub apply kar lia no success till now 😢 I've planned to move to Germany for work and can speak & understand German (German channels like ARD, WDR, BR24 etc at 1.5x too). I didn't imagine it would be so hard getting a job directly from India. Kept hearing about Fachkräftemangel etc but right now it seems like hiring is very very slow or non existent for juniors. My uni degree (Anabin recognised) is in CS but the tech slowdown is hitting hard for juniors so no luck there too... If anyone knows (legal) way to move to Germany for work pls advice 😢

[@VikashSingh-jk2ky]

The best way is always the student visa. However, as said in the video, the job market is tough here. So, please consider your all options before moving here.

[@bongingermany]

Getting a job directly has become hard because of the extremely high competition and less number of job openings. Will make a detailed video on this very soon

[@crazydrifter13]

@@VikashSingh-jk2ky got it. Thanks.

[@italiandiary]

Summary of video: - "With an annual salary of €75,000 in Germany, after deducting annual expenses such as social contributions (€30,000), Rent (€14,000), shopping (€4,000), groceries (€3,500), and miscellaneous expenses (€500), the total deductions amount to €55,000. This leaves a remaining balance of €20,000 annually. Converting the remaining balance to Indian Rupees (INR) at an exchange rate of 1 Euro = 90 INR, the savings amount to ₹1,800,000. Thus, the monthly savings are approximately ₹150,000." Watching From Italy 🎉🎉 Congrats So genuine video 💕 U Brother

[@bongingermany]

Nice 👍🏼 Thanks for the summary 🙂

[@equinoxgaming6699]

For couples with child if we add, private school fees, vacation once a year, medical expense once a year, how much would the savings change?

[@bongingermany]

@@equinoxgaming6699 for couples it is different if one is working OR both are working. If only one is working then the expenses that you mentioned would take away a lot of savings. In that case your salary should be higher to accommodate these expenses.

[@PolsaniJayaram]

Bro Italy is good place for study ms

[@ramsrk2597]

Bro kindly do a video on SRE/devops role jobs in Germany. And thanks for your videos which are genuine and informative. Keep up your good work❤

[@bongingermany]

Thanks for the comment. I will try to do a video on tech jobs in general and include SRE / DevOps

[@ramsrk2597]

@@bongingermany Thanks brother! Appreciate the effort and work ❤️

[@bongingermany]

@@ramsrk2597 no problem. Let me know what your queries are.

[@ramsrk2597]

SRE/DEVOPS roles are expanding and much explored jobs in India now and I'm not sure about the job market for it in Germany.. may be if you can post a video of overview about it then it will be useful for many SRE folks like me in India who are looking out for jobs in Germany. Ps: I'm planning to move to Frankfurt next year 🙏

[@ramsrk2597]

Also brother what would be my taxes if my spouse is also working and earning a similar figure as I get. Also we have a single child!

[@a.d.it.y.a]

How difficult is it to move to Germany from Slovakia?? I have my work permit for a year in slovakia. Please respond

[@bongingermany]

It is part of the European Union. But do you have a Blue Card in Slovakia? If yes, then you can easily move. Otherwise the process is pretty much same, you have to get a job in germany and then move.

[@dubkaxaaji9698]

You can move to England given Slovakia lost to England. I hope that will help

[@user-uk1kz4wk5h]

please make Video on IT related study to job process and which IT job is demanding and what might be the future scenario of these jobs. please I request you

[@bongingermany]

Sure I will plan something

[@RaviMaurya-zz2re]

What are your thoughts on Ausbildung courses in Germany ( Nursing Ausbildung ) ? how much can I save ?

[@bongingermany]

Ausbildung candidates do not have savings like full time workers. It basically translates to internship. So your earning will be like an intern.

[@vivekvinod6334]

One doubt... We are paying this much tax around 40 or something. Is there any situation or time when we can ask for tax return to us (not complete tax , a portion may be )...?

[@bongingermany]

40 percent is not completely tax. It contains many components. One is the pension contribution. Which can be withdrawn completely if you leave Germany before five years. After that, you will get it during retirement. Another component is the unemployment contribution, which you only get if you are laid off by the employer. Rest components are medical insurance and tax, which you cannot get back in cash, but you get back in kind. Some of the tax can be got back as tax return.

[@meetimian3383]

@@bongingermany do we get unemployment benefits if we don't have German PR or citizenship ??

[@bongingermany]

@@meetimian3383 yes. Anybody who has paid 12 months of unemployment contributions is eligible for the benefits

[@hareshkumar9265]

Result outstanding Bheiya ! Can u tell me which camera you are using ?

[@bongingermany]

Iphone 13

[@Incredible_World_2023]

Please make video on scope of Salesforce jobs in Germany in 2024

[@bongingermany]

Hello. I will try to include salesforce jobs in some video.

[@rifshanafra6621]

Hello bro If a person who comes in working visa, if he wants to take his family there. What should be the salary range. Is there any estimated limit?

[@bongingermany]

It’s better to have a salary of atleast 70k per annum. Because you need to live here, pay double health insurance, living costs, eating costs, take a bigger apartment. Personally I think atleast 70k

[@pravinthangamani6027]

My college is affiliated to a university so should i check the H+ eligibility of that university right??

[@bongingermany]

Yes

[@ehteramsiddiqui8849]

Thank you very much such an honest experience explained briefly! can you name a few countries better than Germany for studies and settling down!

[@bongingermany]

Germany is really good, atleast among all the European countries. As I said in the video, it’s the real picture. Doesn’t mean that it’s bad

[@PolsaniJayaram]

​@@bongingermanybro what about Italy

[@Lazy_marmot]

porer mas e germany shift korbo, ei video ta onek help korlo

[@bongingermany]

🙂 all the best 👍🏼

[@onlooppopblues1160]

Btech in cse from wbut..8 years work exp in indian IT sector..i will be quitting my job soon and planning to study ms in germany. Will there be issues with career gap? How much career gap is acceptable?

[@bongingermany]

How is it a career gap if you are studying?

[@onlooppopblues1160]

@@bongingermany Thanks for your reply. Let me reframe. So lets say I quit my job in sept 2024 and start applying to universities for 2025 intake. So there will be a gap of 6 months after i quit my job and before I get admit. Will this gap be a problem while securing admission? Like in India if we have career gap even it is not considered safe. Is it same in germany also

[@bongingermany]

​​⁠no. This gap can be justified as your search period for the degree. But try to search while working, and leave once you get admission. Because it might happen that you do not get admit from any universities. Then if you do not have a job and search for another 6 months, your gap will increase .

[@lakshmipriya671]

Hey bro, i have a career gap of 3 years after the baby. We are planning to move to Germany. Is it possible to study ac course which is not related to my prior experiance and get a job with it?

[@bongingermany]

German universities check atleast basic relevance with prior degree. Which means some subjects have to be common in bachelors and masters. If that is the case for you, you can go ahead. Also, 3 years gap might be a question for them. Prepare proper documents to justify that

[@omen2667]

Getting a job in Germany is extremely tough. Especially in this job market, Fluency in the German language is one of the most desirable aspects to get a job. You mentioned you have a child 🚸, Be careful getting doctors appointment is the another big headache. In the current situation if possible stay where you are especially when you have a family to take care Remember grass always looks greener on the other side😅 Good luck

[@Merlin__Mathew]

Hi , What is the job market if cyber security or quality assurance, software testing in Germany. And what is the expected amount of salary.

[@bongingermany]

Depends on city, company, years of experience, job role, etc

[@Merlin__Mathew]

@@bongingermany for hamburg ?

[@bongingermany]

@@Merlin__Mathew as I said there are many factors. Most importantly, which company is hiring you and what is your experience level. On an average, for freshers it’s 55-60 and goes on increasing based on experience and company level.

[@surajsinghkamboj7349]

Can you do part time while on post study work visa to sustain yourself?

[@bongingermany]

Yes. Post study you will have a job seeker visa. You can apply to any kind of job during that time. But usually employers will not hire you part time knowing you are not a student anymore. There can be complications.

[@surajsinghkamboj7349]

@@bongingermany what if in case a person does not find a job and if he applies for Ausbildung program then and there only?

[@bongingermany]

@@surajsinghkamboj7349 that’s also possible, but then your visa type will change again and changing visa types so many times - although possible, creates confusion and consulate may reject or ask for more clarifications.

[@surajsinghkamboj7349]

@@bongingermany yeah cool🫂thanks man

[@sanjushree2637]

Im having 7years experience in azure data engineer ,we are planning to move to Germany.whats ur suggestion to current situation..

[@bongingermany]

If you are getting job offer while in India and then moving, then it’s good. But I would suggest not to come on job seeker visa. The current job market is terrible

[@jaylalakiya]

good quality life + 1.25L/month savings is definitely not bad

[@bongingermany]

absolutely! I completely agree. but keep in mind, I said in the video, 75 is average salary. some get less some get more

[@techthugs]

1.25L is not worth 1.25L in Germany, the value of that money is lower considering PPP.

[@bongingermany]

@@techthugs correct. agree 👍🏼

[@saumyapatel2114]

What is the avg. salary of mechanical engineer(in design field)after completing masters in germany ?

[@bongingermany]

Depends on company, experience level, job location.

[@tampabay554]

How is the current job market there? Have heard that inflation is on the rise and the economy is shrinking because of recession. Request you to kindly do a video on this topic. 🙏

[@bongingermany]

Yeah making a video soon on that topic. Really important and vital for incoming candidates. The market is not so good, and yes recession is still on. But the current situation is much better than what it was in 2023

[@tampabay554]

@@bongingermany Sure, thanks for your reply

[@tfcrocky3328]

Sir can you give some guidance about master studies kindly give anything to contact you

[@bongingermany]

Check description

[@rohitwani3264]

Really wondering where one can get 75k per annum ! after how many years of work ex.

[@bongingermany]

In cities like Munich, Berlin, if you are a software engineer with around 5-6 years of experience, you can get this kind of salary. Also, many companies even offer 65-70k to fresh masters passouts.

[@Fit_letsfixit]

Please kindly make a video about hospitality jobs and opportunities in Germany. Soon I am planning to come.And I already my B2 level in german language.

[@bongingermany]

Yes. I am planning some videos down the line, considering many topics mentioned in comments. Keep watching I am sure you’ll find something helpful soon

[@VikashSingh-jk2ky]

If you have the B2 level proficiency and have any degree or diploma in service, hotel management or engineering, you are settled for sure. Good luck buddy.

[@isharakavinda5625]

@@VikashSingh-jk2kywell noted thanks

[@NoorMasthan-xb2cm]

Will there be any security for those working in Germany?

[@bongingermany]

What kind of security

[@dablianirudh3802]

After studying in Germany can we get a job in Netherlands or Luxembourg and what would be the salaries?

[@bongingermany]

Yes it’s possible. Salaries are usually higher in Luxembourg, but number of jobs are less. Plus the language requirement there is more. Netherlands has many English speaking jobs and salaries are mostly close to Germany

[@marlicejeram3600]

Will 2500 euros okay to survive in Germany with all the taxes and expenses judt wanted to know please reply

[@bongingermany]

2500 euros after your deductions? You mean net salary?

[@priyabanerjee4058]

Aami UP Theke likhchhi, aage o likhechhilam , Tumi bolechhile face book a jogajog korte , aamar chhele tomar dawa facebook a jogajog korechhilo Kintu baar baar Error lekha aashchhe bollo , aktu help kore dao please , kano Error lekha aashchhe bujhte parchhe na AKTU HELP KORE DAO

[@bongingermany]

Ami bolechi apnar chele ke instagram ey contact korte. Amar insta id @bong.in.germany

[@priyabanerjee4058]

Reply korar jonno dhonnobad, Aami chhele ke Janachhi Tomar kotha

[@Gowtham-bl5qt]

Please do a video on IT jobs in Germany

[@bongingermany]

Sure

[@sajansandhu2881]

How much does Germany pay per hour?

[@bongingermany]

depends on the job profile / profession

[@atanubanerjee2396]

I am from Kolkata , My daughter is a final year student of master degree in Microbiology. She wants to complete her PHD from Germany. Please share with me' your knowledge about it.

[@bongingermany]

PHD in Microbiology and all medical fields have very high prospects in Germany. I am not sure of all the details, but I guess German language knowledge would be required

[@SandeepSindham]

are you planning to stay for long in germany?

[@bongingermany]

As of now, yes. Let’s see

[@wizcactus]

Bhai one month salary Ghar pe bejo maja hi maja

[@akashvelaga7852]

In which sector u have completed masters bro

[@bongingermany]

Information Technology

[@user-lw8hm5zx9b]

Hi Bro, I have 10.6 Years of Experience in middleware Technology salary is 3.2Lakh/Month in UAE and planning to come Germany on opportunity Card is it good choice. What’s your opinion ?

[@bongingermany]

If you get a job then it’s a great decision. Coz your salary will be quite high than your current. But main challenge is getting a job.

[@user-lw8hm5zx9b]

@@bongingermany Thanks Bro, Actually I can manage till 6 months without salary so I can plan and try 🤝 My Wife also working on same profile with 8.0 Years of Experience Bro, Please let me know if your to connect personally for few doubts it will not take more than 10. Minutes

[@codewithboomi]

Then Which country is Best to Migrate for Tech peoples

[@bongingermany]

There is no Best Country. Each place has pros and cons. I am just pointing out the situation in Germany

[@shoorveer1243]

Money is not important as our life. We know USA have more savings but what about homeless and drug addict people who just shot people because they refused to give 1$. People are in fear while refuling their cars. And mainly all criminals in USA are targeting Indians because Indians are the wealthiest community in USA. As compare to that germany is far far better you have free masters and can travel to 29 countries. At last life matters not money. After 40 no one gonna ask you how much money do you have in your account?

[@gji2797]

Then get lost in Germany. Why defame US? Besides what all things you said are fringe. NO Indians go regularly to Pennsylvania. Also, Indians till this day horde before US Embassy.

[@front537]

What about nursing job salaries?

[@bongingermany]

Nursing salaries are in the range of 35-40k per annum

[@akshaygupta3497]

Sir me too want to connect with you plz help...

[@bongingermany]

Check description

[@omkarshinde-qu2up]

Junior dev salary?(After graduation)

[@bongingermany]

50-65k

[@rahulchauhan3803]

Bro, I am holding around 5.5 years of experience in Devops, So how much I can expect in germany?

[@bongingermany]

It depends on the company/ city and job role. But on a average, you can expect somewhere in the range of 70k-85k

[@prateektripathi100]

i am in portugal....salaries are so low that i cant even save 1 rupee... never come to portugal

[@bongingermany]

Thanks for the comment

[@debashreenayak3815]

If both partner are working then it will be more right saving

[@bongingermany]

Yes. For sure

[@AshishGupta-wy7go]

Even if you pay taxes in india look at the shitty infrastructure and facilities you get.

[@ajitpati9324]

The tax is not 40%. It varies according to your taxable amount.

[@bongingermany]

What does that mean? Everyone knows tax is applied on taxable amount. There are five tax slabs in Germany, and if you watched the video, I mentioned that the slab varies but we can consider 40 percent as the average. Also, I mentioned that it is deductions, and not completely tax.

[@ajitpati9324]

@@bongingermany Yes but it's progressive. You are not taxed on your gross income. Until €10909 , your tax is zero. After that until €62000 your tax increases progressively. So your net tax comes somewhere netween 26%. After addition of insurance ,pensions and social care, it comes around 32%.

[@bongingermany]

@@ajitpati9324 yes you are right. So I guess this video is not targeted for people earning 10000 euros per annum. Secondly, as I said, I have mentioned in the video that the 40 percent is “deductions” not just tax. I have given a breakdown of the components involved. Also, I don’t know who pays 32 percent in deductions. That is way too less. Maybe married couple where only one of them earns or one partner earns quite high than the other. For most people who are not in that category (either unmarried or married but both earn almost equal amounts) the deductions are almost close to 40 percent.

[@subhadeepGoodLife]

Bengali te video banao....

[@bongingermany]

Sobai bujhte parbena. Sobai ke help korte chai

[@bongingermany]

Amader onno channel bangla te. Subscribe korte paren - @bongjournals

[@abhimehta5999]

Canada me to job nhi milti h.

[@bongingermany]

Germany main bhi same situation hai

[@abhimehta5999]

Hame to mil gyi 😅

[@dexteryt5876]

​@@bongingermanyGermany my b same ha to ap Germany chor q ni dete?

[@bongingermany]

@@dexteryt5876 invested 3 years of my life and career in Germany bro. Aise hi chor nahi sakta. Also, I prepared myself for 3-4 months and gave numerous interviews, and thankfully have a job now. So, motivation and perseverance is always needed for anything in life.

[@VikashSingh-jk2ky]

​@@bongingermanyI second it.

[@KhapitarBalakAagya]

Also mention thats in Munich and also for experienced, Almost no fresher is getting this amount.

[@bongingermany]

I mentioned it’s in bigger cities like Munich and Berlin. I also mentioned that this amount is average and depends on factors like company, experience etc.

[@RakshasPixel]

But the stress, person life in india??? 🥲

[@premkumarpatil1782]

Bhaiyya aap Instagram par ho kya?

[@bongingermany]

Apne video ka top portion nahi dekha ? 🙂

[@mrkhan6565]

Better to stay and enjoy life at home.

[@RaviMaurya-zz2re]

What are your thoughts on Ausbildung courses in Germany ( Nursing Ausbildung ) ? how much can I save ?

[@ankitjaglan4239]

Starting salary of Krankenpfleger or nurse in germany is 2600 euro and after tax in hand salary is 1800 . 600 - 700would be the expense if you live in small city or town - that is rent = 250-300 ,groceries = 100-150, transport = 50,phone= 15-20 , health insurance = 120 . During Ausbildung in nursing you will get 1100 euro per month in first year. And this is the minimum expenses. I also want to do Ausbildung in nursing and currently doing b1 .