Survey: Labor shortages are costing many mechanical engineers sales

Survey: Labor shortages are costing many mechanical engineers sales

Many mechanical engineers in Germany are looking for workers and trainees. But not all open jobs can be filled. This has economic consequences.

According to a survey, the labor shortage is eating into the sales of German mechanical engineering companies. Almost half of the 300 companies surveyed reported a loss in sales as a result, as the industry association VDMA in Frankfurt announced.

According to their own statements, 27 percent recorded losses of up to 5 percent, and another 20 percent reported even higher losses. One in three mechanical engineers has major problems recruiting employees. Only 14 percent of those surveyed in April can actually fill all or almost all open jobs for skilled workers. Skilled workers and academics in production, research and development, construction and IT are particularly sought after.

According to the survey, the situation with trainees is similarly difficult: one in three companies surveyed stated that they could fill at most half of the training positions on offer.

Keeping older employees in the company longer

“Our industry offers well-paid, attractive working environments, but Germany’s prosperity machine simply needs more workers,” said Hartmut Rauen, deputy VDMA general manager. It is important to keep older employees in the company longer, to recruit skilled workers from abroad and to specifically inspire young people to take up technical professions and courses. The export-oriented German industrial sector, with more than 1.2 million employees, has been suffering from a labor shortage for some time.

According to the survey, most VDMA member companies (72 percent) are relying on increased training and further education programs for their employees. The majority of smaller companies want to continue to employ employees after they retire. According to the information, large companies in particular are increasingly exploring options for using automation, robotics and artificial intelligence. However, around half of those surveyed expect that technical progress will not be sufficient to get the labor shortage under control in the medium term.

Source: Stern

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