Stimulus Package 2 Brings Only 1.1 Percent More Net Salary, Sodexo Restaurant Cheques 6.7 Per Cent

Frankfurt/Wiesbaden, June 17, 2009 – (NBASOPM18062009) the newly launched stimulus package II law to secure employment and stability in Germany represents under the name the largest fiscal stimulus package of in German postwar history. Within the framework of the economic stimulus package II, a new, lower rate of income tax is retroactive from January 2009 to the relief of the citizens. Employers are obliged to carry out a retroactive correction of the payroll tax calculations. All social security, workers will receive corrected wage slips therefore shortly for the preceding month. Amended contribution rate in health insurance to Jul 1, 2009 to July 1, 2009 is also made a contribution reduction in health insurance.

The jointly financed contribution rate in the statutory health insurance is reduced by 0.6 contribution rate points from up from 14.6% to 14.0%. The General contribution rate according to 241 SGB V, for the contribution calculation from pensions and for the calculation of the subsidy for health insurance decisive is, equally funded contribution rate increased 0.9 contribution rate points. This is 14.9% instead of up 15.5% from Jul 1, 2009 for all legally insured. The bottom line, workers and businesses so that each by 0.3 percentage points be relieved. Stimulus package relieved workers poorly the legal changes increase an average net pay only by around 1.1%, points out George Wyrwoll, corporate relations manager and HR expert at Sodexo.

Thus, many workers will barely notice the intended relief. By contrast, State-funded food aid, for example on the Sodexo provide restaurant pass, companies the possibility to increase the net salary of the employees in an average of 6.7%. Food subsidies increase the net salary tax-free up to 10 percent of what few know: the Federal Government can also use the tax attributable to the lunch. So companies can undergo up to 5.83 euros in the form of Sodexo employees restaurant Cheques levies to come.