At the request of the German publication FAZ, the organizers of the study examined the situation in 30 companies included in the DAX stock index. As Deutsche Welle notes, specific data on salary amounts are not disclosed. But nevertheless, the compiled ranking gives some idea of the generosity of employers.
As last year, Volkswagen employees are the most satisfied with their pay. On a five-point scale, where "5" means "very satisfied," the concern earned a score of 4.48 points. Not far behind it was SAP, one of the world's largest developers of business software. The top three in high salaries are rounded out by the manufacturer of household chemicals Beiersdorf.
The top 10 most generous employers also included other automotive giants: BMW and Daimler occupy the sixth and seventh positions in the list, respectively. They are ahead only by the manufacturer of microchips for telecommunications Infineon and the reinsurance company Muenchener Rueck, whose head office is also located in Bavaria. The top ten in terms of salary are completed by the chemical-pharmaceutical concern Bayer and the pharmaceutical company from Darmstadt Merck. The honorable tenth place went to the German energy concern RWE with headquarters in Essen.
In the middle are the industrial giants Siemens, Continental and Thyssen Krupp, the energy concern E.on, the telecommunications company Deutsche Telekom and Adidas. This manufacturer of sportswear and footwear significantly improved pay conditions compared to 2015, rising in the Kununu ranking from 29th to 14th position.
Employees of two well-known banks are less satisfied with their salaries: Commerzbank and Deutsche Bank earned sixth and seventh places from the bottom. Next to them are Deutsche Post and Henkel. And the airline Lufthansa opens the bottom three positions in the ranking. On a five-point scale, participants in the online survey are satisfied with their salary by only 3.27 points. However, if we recall the frequency of last year's strikes, there is nothing to be surprised about.
The greatest stinginess was shown by the medical concern Fresenius and the largest landlord of housing in Germany, the company Vonovia.
About a month ago, Kununu, which is part of the company Xing, published the results of a study focusing on salaries in various German cities. For this, the online portal analyzed more than 120,000 user reviews over the past two years. The basis was 30 cities with the largest number of inhabitants.
It turned out that those whose place of work is Stuttgart, the birthplace of mechanical engineering and one of the most important industrial centers of the country, complain least about pay. In addition, those who are employed in Bonn consider themselves lucky. The main employers in the former capital of the Federal Republic of Germany are federal institutions, non-governmental organizations and companies such as Deutsche Telekom, Deutsche Post DHL, Kautex, SolarWorld, Haribo. Third place in the top three is occupied by Karlsruhe – here are located the large oil refinery MiRO, the third largest German energy concern EnBW, branches of Siemens, Bosch, L'Oréal, Michelin.
In the top ten cities where work is worth it are Münster, Munich, Frankfurt, Wuppertal, Cologne, Wiesbaden and Chemnitz. The German capital ranks 25th. The worst situation is in Dresden, Duisburg, Gelsenkirchen, Mönchengladbach and Leipzig.