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I just got my pay slip last week and realised.. I'm paying a whopping 45.62% of my salary in taxes and mandatory insurances!
Lohnsteuer - wage tax
Solidaritatszuschlag - solidarity tax
Krankenversicherung - health insurance
Rentenversicherung - old age pension insurance
Arbeitslosenversicherung - unemployment insurance
Pflegeversicherung - nursing care insurance
Did some math calculation with colleagues... based on the number of hours we burn at work, my wage is just abit higher than 10 Euros an hour! Its even less than what I wld have earned without the MBA if I went back to my old job. Kind of sad huh?

1 comment:
its for the experience.... remember why you chose to go there. :)
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