Sick Pay Costs German Firms Over 82 Billion Euros

Sick Pay Costs German Firms Over 82 Billion Euros

German employers shouldered approximately 82 billion euros in costs related to employee sick leave in 2024, a figure that represents four times the amount paid in statutory sick pay and exceeds a quarter of total expenditures by Germany’s statutory health insurance system, according to a study published Thursday by the Institute of the German Economy (IW).

The substantial sum isn’t solely attributable to increased sick leave. The study points to a robust labor market as a contributing factor; with a record number of employed individuals in 2024, aggregate payrolls and subsequently payments during illness, naturally increased. General wage growth also played a significant role, as sick pay is often calculated based on regular earnings.

“Companies generally already provide good health-related working conditions” stated study author and economist Jochen Pimpertz. “If policymakers aim to alleviate the burden on businesses, they need to address non-wage labor costs. This would support the government’s growth initiatives, instead of hindering them”.