Study: Majority of the workers sees enterprise location Germany critically | EUROtoday

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56 % of staff imagine that competitiveness has dropped in Germany. However, there are variations between the age teams: the youthful individuals look extra optimistic into the long run.

Many employees have doubts about Germany as a enterprise location. More than half of the workers (56 %) imagine that competitiveness in Germany has deteriorated up to now 5 years. This emerges from the present job examine by the examination and consulting firm EY. According to their very own statements, greater than 2,000 staff in Germany have been requested by an unbiased market analysis institute in Germany.

Accordingly, solely twelve % of these surveyed believed that competitiveness had improved. Almost a 3rd didn’t see an enchancment or deterioration.

In addition, the respondents assessed the long run viability of Germany as a relatively unfavourable (43 %) or very unfavourable (9 %). However, nearly half of the workers rated the long run viability relatively constructive (39 %) or very constructive (9 %).

Younger staff as much as 35 years regarded rather more positively on the location of the situation than these between 36 and 65 years. Almost 60 % of the youthful ones rated the long run viability positively. The 36- to 65-year-olds have been solely 43 %.

“If more than 50 percent of the employees question the future viability of the domestic business location, this has to be considered to think,” mentioned Jan-Rainer Hinz, member of the administration and head of workers at EY, in line with EY. Germany’s industrial firm was unquestionable with nice duties that an upswing shouldn’t be in sight and the geopolitical scenario is extraordinarily tense.

“Fear is a bad guide”

“However: fear is a bad guide,” mentioned Hinz. And there are fairly causes for confidence. “Therefore, it gives hope that the young employees in particular do not put their heads into the sand, but their trust in the domestic business location is above average,” mentioned Hinz. Motivated and high -trained staff might make a decisive contribution to creating the situation again ahead.

The biggest weaknesses in Germany cited the employed paperwork, excessive vitality prices and the scarcity of expert employees. On the opposite hand, they noticed the best strengths in certified employees, top quality of life and steady political framework.

dpa/gub

https://www.welt.de/wirtschaft/article255981104/Studie-Mehrheit-der-Beschaeftigten-sieht-Wirtschaftsstandort-Deutschland-kritisch.html