Sunday, October 16, 2016

German Dax workforces benefit from globalization – THE WORLD

updated: 09:41 PM | Reading time: 3 minutes

Stuttgart – More success abroad, more domestic employment – this formula is valid according to a study in sum, for the German companies from the Dax. And the stronger the firms already internationalised, the greater this effect is.

The States, an analysis of the auditing and consulting company EY, the German press Agency was present.

“The international commitment of the Dax companies in the past years is a success story – also for Germany as a business location,” said Mathieu Meyer, a member of the EY management. “In Germany, employment grew in the past years, more than sales. It was only thanks to the boom in foreign business.” The laste factories and bring the Central areas of the home such as research and development or the Marketing of positive impulses.

according to The study, the foreign sales of the 30 largest German listed companies has increased since 2011 to 28 percent – but the number of employees outside Germany grew by just 8 percent. Conversely, the ratio in Germany is: There, the number of the employed increased by 6 percent, domestic sales generated but just 5 percent.

For a rule of thumb, “a business Overseas, bring Jobs home” to speak also, that of all the particularly strong internationalized business drives the growth in Employment in Germany 13 Dax companies generate more than 80 percent of its sales outside of Germany increased their total workforce since 2011 to 16 percent in the number of employees in Germany increased at least 13 percent. In the case of other, less international Dax-listed companies, global employment rose by only 3 percent, and the number of employees in the home by 2 per cent.

With 13 Dax companies generated almost half of the German exchanges, the Bundesliga is at least 80 percent of its sales abroad – but only four of the foreign share in employment at 80 percent or higher. The highest document in the partnership foreign share of Fresenius Medical Care and HeidelbergCement. You come a long way from home on 95 or 91 percent of their employees.

At the other end of the apartment managers Vonovia: He has all of his employees in Germany. At Commerzbank, 76 percent of domestic employees are, in the case of ProSiebenSat1 70, in the case of BMW, 69 percent.

Despite the overall positive sales – and employment development of the company since 2011, were the proof that this is not always present removal immune: 8 out of the 30 companies reduced in this period the number of employees worldwide, 10 companies, employment declined in Germany. And, in the case of the German Bank and the Commerzbank job cuts mainly affect Jobs in Germany.

The discussion of whether investment abroad to support the workforce at home is old. Experts see the Trend that production is shifted. This is true, but not for high-skilled Jobs, such as in development departments. A strong increase in turnover is also connected to the first, greater demand on unsaturated markets. So still no 100 cars, according to the world Bank data in China to 1000 inhabitants, in the Western industrialized countries, however, over 500. And China is already the world’s largest Car market.

“Always had to and the employees have to make painful concessions in order to secure the jobs at the site in Germany and to make ready for the future,” says Meyer. The bottom line is fixed, but: Germany was a clear globalization-winners and should not rest on it.

critics such as the Attac network, however, warn against the consequences to the detriment of the Weak: The globalization orienting themselves on one side of corporations and their interests. Globalization of human rights and of social, ecological and democratic Standards do not stand in the conquest of foreign countries is usually on the Agenda.

studies EY

Attac on globalization


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