Why International Companies Thrive in Germany: Opportunities for Skilled Workers
Germany’s robust economy, currently experiencing remarkably low unemployment rates, is a beacon for international companies. This economic prosperity, however, has led to a shortage in the local workforce, compelling these companies to increasingly depend on skilled foreign workers to fill the gap.
The Language of Business in Germany
While German remains the primary language for business, the rise of international companies, particularly in urban hubs like Berlin, Frankfurt, and Hamburg, has seen a significant shift towards English. This trend offers a unique advantage for English-speaking expatriates seeking employment in Germany.
What International Companies Seek
These companies are on the lookout for highly qualified individuals, particularly in fields like computer science and engineering. The demand extends beyond these sectors, with growing opportunities for those with vocational skills in manufacturing, healthcare, and the care industry. While English-speaking roles are competitive, acquiring German language skills can be a major asset in increasing employability, even in international firms.
The Allure of Germany for International Companies
Renowned global corporations such as Adidas, Allianz, BMW, E.ON, Puma, Siemens, and Volkswagen not only originated in Germany but also maintained their headquarters there. The appeal of Germany for these companies, and for the 90% of smaller businesses that contribute to its economy, lies in several key factors:
1. Economic Strength: Germany boasts the largest economy in Europe and the fourth-largest globally, offering financial security and stability.
2. Innovation and Research: The country’s economic power fuels innovation and research, crucial for businesses looking to stay ahead.
3. Skilled Workforce: A highly-trained workforce is a significant draw for companies requiring top-tier talent.
4. Investment Incentives: Financial incentives for investors make Germany an even more attractive business destination.
5. Geographical Advantage: Its central location in Europe is ideal for companies aiming for a broader market reach.
In summary, Germany presents a fertile ground for international companies due to its economic prowess, skilled workforce, and strategic location. For expatriates with the right qualifications, this creates numerous opportunities to join the ranks of these thriving businesses. For those considering a move, exploring the list of international companies and recruitment agencies in Germany is a promising first step.