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According to a study by XING, salary and a good corporate culture are just two of the aspects that are important to young employees.
What developments does the job market have in store for employees in the new year, and how will they affect them? With these key questions in mind, the career network XING conducted a study on the job market of the future, surveying approximately 1,000 professionals between the ages of 18 and 65.
Around 62% believed that the job market is currently shifting toward an employee's market: younger employees in particular shared the view that in the future, they would be able to choose their employers—and not the other way around. This puts applicants in a stronger negotiating position and allows them to demand what is particularly relevant to them. For the respondents in the study, the most decisive factors were salary (90%) and a good corporate culture (70%). At the same time, the study focused on assessing current trends in everyday working life. For example, participants were asked for their opinion on remote vs. office work, with the majority (61%) demanding both and expecting this from their employer. However, the often-debated four-day week was viewed more controversially: 53% believed that the German economy could not afford to implement such a working time model with full wage compensation. 45% even feared that it would jeopardize Germany's competitiveness in international comparison.
We were also interested in the following topics:
Start of the year: Many employees find it difficult to start the new working year with motivation after the holidays. The RND has compiled a list of things you can do to combat the so-called “post-holiday syndrome.”
Farmers' protests: Across Germany, protests by farmers against planned subsidy cuts are attracting attention and sparking debate this week. The Frankfurter Rundschau has investigated the current situation in the agricultural sector.
Inflation: To compensate for the sharp rise in prices over recent months, companies have had the option since October 2022 to pay their employees tax- and duty-free inflation compensation. According to a survey by the ifo Institute, 72% of companies have already taken advantage of this option.
AI in the workplace: The freedom of AI from prejudice cannot currently be guaranteed. The Austrian employment agency recently had to learn this lesson the hard way: after using an AI chatbot as a job advisor, it was heavily criticized due to the prejudices and stereotypes that the AI displayed in counseling sessions.
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