Why work in Germany?
Posted on September 20, 2019
Germany is fast becoming a popular destination for those looking at overseas careers. The good news is that the current economic and business trends in Germany indicate promising opportunities for those seeking a career here.
The reasons why Germany is a hot destination for job seekers are- it has a fast-growing economy, there are numerous job opportunities in the IT, engineering and manufacturing sectors. The country offers competitive wages and salaries in comparison to other countries. And the German government is making consistent efforts to include foreigners in the workforce.
Germany has the largest economy in Europe but is facing a serious skills shortage in various industries. The reasons for this can be attributed to:
- The labor force will reduce by 16 million due to an aging workforce that will retire in a few years. This is nearly 1/3rd of the present workforce
- Decrease in the number of migrant workers from the European Union (EU) because post-convergence very few workers would be willing to come to Germany for work
- Many of the existing refugees are unable to speak German or do not have the basic skills with only 14% of the refugees having specialized skills to meet specific job requirements
Germany is looking at jobseekers from non-European countries because it is estimated that the number of jobs seekers from the EU will decline by 1.14 million in the next few years and the country will need more than 1.4 million workers from non-EU countries to counter this shortage.
These factors hold the promise of numerous job opportunities for those wanting to work here.
5 reasons to choose Germany:
1. Numerous job opportunities and a low unemployment rate:
As we mentioned earlier, the growing economy offers numerous job opportunities. And Germany is a manufacturing hub in Europe. This translates to job opportunities in the IT and engineering sectors.
Germany is looking for STEM graduates especially scientists and engineers. The healthcare sector also needs new talent to replace their retiring workforce. Top companies in these sectors look for talented and qualified individuals.
The country also has a low unemployment rate. It is about 3.1% at present. The high number of job opportunities indicate it is easy to find a job of your choice in Germany. And if you want to change jobs in Germany after a certain period, it won’t be difficult.
2. Better employee benefits:
Workers in Germany are paid competitive salaries. They are given benefits such as paid sick leaves of up to six weeks, paid vacation time of up to four weeks in a year and maternity and parental leaves for up to a year. Even though you need to pay a higher rate of income tax, you are compensated with social benefits.
German companies focus on upskilling their employees. They invest in training and development of employees. So, you can look forward to enhancing your professional skills when you come to work here.
Employees are not discriminated based on age, gender or race or religion. Companies give fair wages to workers.
Everyone is entitled to medical insurance and German companies often agree to pay part of the amount.
3. Good work-life balance:
Companies here follow a five-day workweek. Employers respect the fact that their employees need to devote more time to their families and give attention to their private life. Employees are not expected to work overtime or during non-office work hours.
4. Simple process to obtain a work permit:
In order to encourage foreign workers, the German government has made it simpler to obtain a work permit in Germany. You can apply for a work visa as a non-EU citizen or apply for a Blue Card to work in Germany. There are other visa options you can explore to work in Germany.
5. Low cost of living:
The cost of rented accommodation is less compared to other European cities like London or Paris. The government imposes a limit on the rent owners can charge from tenants. Benefits such as free university education and an efficient public transport system help in reducing the cost of living.
Germany is a popular destination for overseas job seekers and the low unemployment rate, positive wok benefits and a good work-life balance are good reasons to come here. Consult an immigration expert to help you with your work visa and make a career in Germany.