Many foreign investors opening companies in Germany take into consideration the highly skilled workforce. Germany offers one of the most proficient labor forces in Europe due to its education and vocational training systems.
The most recent studies conducted by the Organization for Economic Co-operation and Development (OECD) assess that the German workforce is comprised of more than 40 million individuals. Also, a considerable number of employees are immigrants, as the Government has a very good integration system.
One of the greatest advantage of the workforce in Germany is its education. Most German employees have a strong educational background which also ensures them higher wages compared to labor forces in other EU countries. Most of the employees attend universities and renowned colleges. Every year German universities accept approximately 2.7 million students, the majority of them attending sciences and engineering courses.
The middle class workers benefit from various trainings provided by almost 9000 vocational schools. Some of these schools deliver some of the best technicians in Germany. The Government is also implicated in creating a suitable legislation that helps both employers and employees. Our agents in Germany can provide you with information related to the Employment Law and can assist you if you're interested in setting up a company in Germany.
Starting a company in Germany implies choosing a business and drafting various documents. The most important are the Articles of Association which must stipulate various things related to the company’s activities, but also to identify the shareholders and directors of the business.
According to the OECD, most of German employees are computer literate. Also, the German labor force is one of the most flexible in Europe because of the employees’ motivation levels. German companies are very good at compensating their workers which is why the country is now among the first in the world when it comes to employee motivation levels. According to statistics, Germans work an average 40.4 hours per week. Germany also has one of the youngest work forces in Europe, considering that under special circumstances individuals can start to work at the age of 15. When it comes to employment by gender, German companies are very balanced.
If you want to open a company in Germany and need assistance you can rely on our specialists in company registration. You can also contact us if you need assistance in hiring employees in Germany.