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Graduates need in the German labour market 2015

According to a study by the Staufenbiel Institute in 2015, German employers are optimistic towards the developments in the labour market for graduates. Even though a decreasing number of companies expect an increasing need for graduates compared to the last years, pessimistic forecasts for most disciplines are an exception.

In 2015 particularly economists are in demand. For almost 45 percent of the offered positions, of which half are positions for internships, graduates with an economic background are needed. 3% of the companies forecast a rapidly growing demand for economists for the next five years.

Increasing demand for engineers and computer experts

Compared to the previous year the forecast for the demand for engineers and computer scientists is slightly less optimistic but still positive. For engineers, 35 percent of the employers (2 percent less than last year) expect a rising or significantly rising demand. Over the next five years, this amount will rise up to 63 percent which means a decreasing tendency in comparison to the forecasted increase in demand last year (68 percent).

The predictions for IT graduates remain nearly unchanged compared to the previous year. 38 percent of the companies expect rising and 8 percent significantly rising demand. The job prospects remain bright in the future: 51 percent of the companies expect an increase and 51 percent a strong increase for the demand of computer scientists.

Focus on interns

Almost half of all graduates jobs are provided for interns (44 percent). 6% of the jobs are for trainee programs and 18% for young professionals. The remaining workplaces are split up between graduates (27%), clerks (3%) and associates (2%).

In computer science, the distribution focuses less on internships (35%) but more on young professionals (31%). Workplaces for engineers are offered especially for interns (43%) and graduates (29%). Trainee positions are for IT graduates (4%) and engineers (3%) less frequently offered.

Employers prefer Master’s degrees

Inside application processes primarily Master’s degrees are preferred. 90% of the companies favour this type of degree over a University Diploma (76%), a University Bachelor’s degree (60%) and a Diploma of a University of Applied Sciences (55%).

This tendency can be also detected for engineers and computer scientists. 97% of all companies prefer engineers with Master’s degrees and 92% prefer IT graduates with Master’s degrees. The Diploma of a University of Applied Sciences in Computer Science (54%) and Engineering (63%) is clearly preferred over a Bachelor’s degree. A Bachelor’s degree in Computer Science is preferred by 47% and a Bachelor’s degree in Engineering by 36% of the companies.

German IT companies barely looking for staff abroad

Over the last two years at least one in five German IT companies has had to refuse a client request owing to lack or shortage of qualified personnel. In spite of this, few companies have considered the opportunity for looking for qualified IT staff abroad: a total of 85% of the IT firms that participated in a survey of the situation of the job market conducted by Monster.de and CeBIT said that they have neither hired staff from abroad, nor have ever considered it as an option. Some 200 German IT-companies took part in the study presented by the Personalwirtschaft journal in a recent publication which outlines its main findings.

The article refers to the study’s conclusions that companies are calling for simplification of the processes for recognition of foreign university degrees. Another issue that firms have unanimously pointed out is easing the conditions for entering and staying in Germany.

Germany’s IT industry could be left out of the global ‘War for Talents’

The situation with German IT companies active in the field of employer branding is slightly different. According to the survey, some 64% of these companies are willing to attract more applicants (and to set incentives for their core workforce to stay with the company) through increasing salaries. Some 69% of the firms have stated readiness to boost the employment appeal of their jobs in order to attract new personnel.

Flexible recruitment called for

Long-term success could be guaranteed only through combining several employment channels. In addition to increasing their attractiveness as an employer or in developing an employer brand, in 2013 the firms in the German IT sector should start actively searching for and contracting expatriate staff. This would not only lead to filling in vacancies, but also to stabilizing labor costs, since the wage expectations of foreign applicants are usually lower than those of their German counterparts.