Thank you Germany: Part 011: There is almost nowhere else with such a stable economy

Specialist: Sanjay Sauldie

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UncategorisedProtection Minimum wage School system Economic stability

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Germany has one of the most stable economies. Even during the financial crisis and its aftermath, nothing has changed. While many other countries have high unemployment, Germany's is comparatively low. Unemployment is currently at a historically low level. The country is also extremely good at training young people. Appropriate programmes provide the right incentives to encourage companies to provide training. Training fairs provide a good overview of possible fields of work. The information centres of the employment offices also provide important information. While youth unemployment has continued to rise in countries such as Italy and Spain as a result of the economic crisis, Germany is endeavouring to create prospects for its young people. But there are also integration programmes and targeted placement for older unemployed people.

Economic stability ensures that companies also have long-term prospects. As a world export champion, Germany produces for the global market and finds good sales for its products. The high demand is met by a good level of employment. And even those who want to change their field of work after working in one sector for a long time will find opportunities to do so. Germany is not only well positioned in a single professional sector. It offers job opportunities in a wide variety of fields. From professions with management functions to skilled trades, there are good opportunities to earn a good living. Not every country in the world offers these opportunities.

The opportunity to change jobs also ensures a varied and diverse life. Many employees also see the special protection afforded to employees as an advantage of Germany as a business location. In many other countries, there are not such fixed regulations for holidays and protection. Germany has also had a fixed statutory minimum wage for several years. It may only be undercut in a few exceptional cases. The statutory regulations ensure that employees are well protected. At the same time, the state also makes important contributions to the qualification of employees.

The school system provides people with comprehensive qualifications. The dual system of vocational training in Germany is also a unique selling point. It offers trainees the opportunity to gain qualifications and earn comparatively good money during the qualification phase. With an apprenticeship from Germany, you can easily pursue the job you have learnt in most other countries. These opportunities in Germany as a business location must be recognised as positive. They were fought for by employees and are now enshrined in law. This makes Germany a country where you can make a good living and enjoy a good life.

Such important economic foundations must not be forgotten either. They are not always mentioned first when it comes to the positive aspects of the cultural nation. However, there is no doubt that they offer many people important security, without which their lives could be difficult. In Germany, young people can count on the fact that in the vast majority of cases a good path into the labour market will be found for them. Ideally, they can aim for their dream job. The counsellors at the employment agency as well as dedicated teachers at German schools provide people with targeted support.

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Sanjay Sauldie, born in India, grew up in Germany, studied mathematics and computer science at the University of Cologne, did his Master of Sciences (M.Sc.) at the University of Salford (Manchester, UK) on digital disruption and digital transformation (2017) and was trained at EMERITUS (Singapore) in the MIT method of design thinking (2018). He is Director of the European Internet Marketing Institute EIMIA. Awarded the Internet Oscar "Golden Web Award" by the International World Association of Webmasters in Los Angeles/USA and twice the "Innovation Award of the Initiative Mittelstand", he is one of the most sought-after European experts on the topics of digitalisation in companies and society. In his lectures and seminars, he ignites a firework of impulses from practice for practice. He manages to make the complex world of digitalisation understandable for everyone in simple terms. Sanjay Sauldie captivates his audience with his vivid language and encourages them to put his valuable tips into practice immediately - a real asset to any event!
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