Student Wage Calculator

Working students profit from reduced taxes.

Working students, like newly graduated employees, should determine their net wage ahead of time. Those who earn up to 450 euros per month retain their entire income. Small deductions are made starting with a higher income.

As a working student, you can earn an hourly rate ranging from the minimum wage to 20 euros. The more advanced the study, the greater the salary. However, the amount a corporation pays varies depending on the industry. Humanities students tend to earn less than mechanical engineering or economics students.

Health insurance: This regulation applies to working students.

If you are under the age of 25 and have only worked part-time, you have not yet had to consider health insurance. Because in Germany, you have family insurance till then. However, if your monthly income surpasses 445 euros, you must insure yourself. Working students can take advantage of a low-cost tariff that varies depending on health insurance and service scope. The average monthly contribution for student health insurance (KVdS) is between 90 and 100 Euro.

A simple calculation demonstrates that it is not always profitable to earn more than 450 Euro due to health insurance. The estimate below assumes a monthly health insurance premium of 100 euros.

Pay attention to the wage tax.

Wage taxes are required on a monthly gross income of 950 euros. The flat-rate tax is 2% of the pay, however it is calculated using the individual wage tax deduction features. The income excludes financial support from parents or BAföG, as well as a scholarship. They so have no bearing on whether you must pay taxes or not.

Use the gross-net calculator as a working student.

The gross-net and salary calculator is intended for working students and takes all applicable restrictions into account. To determine your gross or net salary, simply input your salary, age, and the applicable tax year.