Jobs
General information for applicants from foreign countries
1) Your Application
If you are interested in working with Wall Street Institute, please check our current job openings at http://www.wallstreetinstitute.de/wall-street-institute/jobs/ and submit your complete application through our online form of the respective job ad. If you have further questions regarding your application, please contact our recruiting team at recruiting©wallstreetinstitute,de.
(WSI Education GmbH, Rosental 5, 80331 Munich)
2) Wall Street Institute Work Contracts
WSI Education GmbH (Wall Street Institute) in Germany offers permanent employment contracts. We do not offer any freelance contracts. Our contracts for teachers are part time (15 to 25 hrs/week during our opening hours Mondays to Saturdays). Working hours are flexible and rotate.
As long as you are not officially registered in Germany, Wall Street Institute cannot issue a work contract but only a letter of intent with a time limitation in order for you to get the necessary papers.
3) General tasks for Non-European Citizens
After successful completion of the interview process please follow this procedure:
a) Residence Permit
Any person who stays in Germany for more than 90 days needs a residence permit (Aufenthaltsgenehmigung). Citizens of the United States of America, Australia, Canada, Israel, Japan, New Zealand and Switzerland may apply for a residence permit within one week of arrival in Germany. Citizens of other countries are required to apply for and obtain a visa prior to entry (an option also open to US citizens) at a German embassy or consulate in their country of residence. Residence permits are handled by your local immigration office (Ausländerbehörde). In order to apply for a residence permit, first register your residence at the Local Registry Office. Attention: the name of this office changes from city to city: Einwohnermeldeamt, Rathaus, Kreisverwaltungsreferat, etc. Here you can also get the application forms for a residency permit.
At the immigration office please present your passport and your residence registration (Anmeldebestätigung).
The following documents may also be required:
- Two passport photographs in accordance with German passport photo regulations.
- Proof of health insurance.
- Proof of means of support (usually a letter from your employer) or - in case of students or non-employed - of adequate financial resources (Finanzierungsnachweis - around €700/month). Self-employed persons do not have to prove their financial situation.
- Certificate of good conduct (Führungszeugnis), which can be obtained from your home county's embassy or consulate.
Tipp: Before going to the Ausländerbehörde you should call to check the latest details. Requirements change frequently so you should try to get as much information before as possible. Also check opening times as most immigration offices are closed in the afternoon.
Your application for a residence permit will usually be processed within one or two weeks. During this time you will be covered by a certificate stating that you are awaiting a residency permit.
Residency for the Purpose of Studying
Foreign nationals can obtain a residence permit for the purpose of studying or when applying for a place to study. A study applicant may stay for a maximum of nine months. Those who obtain university admission can obtain a residence permit for two years, which is normally extended until the end of the study. During the period of study, students may work up to 90 days or 180 half-days. It is also possible to carry out part time work offered to university students with a limitation of 20 hours per week during semester periods.
Upon successful study completion, the residence permit can be extended up to one year for the purpose of seeking employment. In order to receive a residence permit for taking up employment, however, the job must be in accordance with the university qualification and it must be permissible for the job to be filled by foreign applicants. (This generally presupposes that the job cannot be carried out by Germans or that foreign nationals are given precedence, in particular, EU citizens).
b) Work Permit
If you intend to work in Germany you will need to get a work permit. Only if you are an EU national this may not be necessary. Before you take up employment go to the Federal Employment Agency (Bundesagentur für Arbeit) and apply for a work permit. Please note that the Bundesagentur für Arbeit sometimes needs up to 4 weeks to issue this. You are not allowed to work during this period.
Once you have received the work permit we will prepare your contract and you can start work.
c) Bank account
Open a bank account (Bankkonto) for your monthly salary and for expenses like rent etc.
d) Health insurance
Health insurance is mandatory for all employees and students in Germany, so you will not be able to start working or studying without it. In addition, you will usually not get a residence permit without proof of adequate insurance.
Health insurance contributions are split 50-50 between employers and employees.Students are offered special student insurance schemes with favorable rates. Note that health insurance in Germany is part of the social security system.
The state health insurance system
Statutory health insurance is provided by a network of non-profit making companies working with the state to administer the national health program (Gesetzliche Krankenkassen). Some of the most well known ones include the TK, AOK, BKK, DAK and BEK. Since 1996, anyone is free to choose the fund they wish to be insured with. Even though benefits are similar across all companies, it is often worth comparing contributions since these can vary significantly.
Your insurance company will issue you a health insurance card, which you have to take with you whenever you visit a doctor, dentist or specialist.
4) Taxes and Social Insurance System
Taxes: Based on your permanent work contract you will pay income, solidarity and, if desired, church taxes, which will be determined by the tax office.
In Germany there are six tax classes depending on your marital status:
class I | = single |
class II | = single parent |
class III | = married and spouse has no income or lower income |
class IV | = married and similar income to spouse |
class V | = opposite of class III, this is the class your lower earning spouse has if you have III |
class VI | = for a second job |
You need to go to your local tax office (Finanzamt) to receive a tax card (Lohnsteuerkarte) and give it to the Human Resources department.
Social Insurance: Based on a permanent work contract you will also pay into the national health, nursing, pension and unemployment insurance plans. The employer pays 50% of these social contributions.
Please use the links below for further information:
Living, working or studying in Germany?
Toytown Germany
Germany Immigration
Of course we will support you in any way you might need assistance.
