Family businesses - the best employers
Especially for women, compensation has greater importance: In 2008, 12.8 percent of women stated that attractive remuneration was one of the three most important characteristics when choosing an employer, in 2013, the proportion has tripled to 38.4 percent. An increase can also be observed in men, albeit modest, from 33.9 percent in 2008 to 46.7 percent in 2013.
Attractive compensation and benefits are becoming increasingly important for highly skilled professionals and managers. This is shown by the analysis of interviews with 1,466 professionals and executives by the Technical University of Munich, on behalf of the Foundation for Family Businesses.
"Highly qualified women go into salary negotiations with increasingly more assertiveness. Cases where there is a wage gap between men and women, are expected to reduce in the foreseeable future," explains Stefan Heidbreder, CEO of the Foundation for Family Businesses. "The growing importance of monetary aspects also reflects the favourable economic situation, which has turned the job market into an applicant’s market," adds Stefan Klemm, owner of the Entrepreneurs Club, which together with the Foundation has launched the Career Day Family Business. As factors for the selection of an employer - the reputation of a company or corporate social responsibility / business ethics play only a marginal role.
Among 14 different requirements for the workplace of the future, the family business has been evaluated better by candidates on a total of ten fields when compared to non-family businesses: In terms of working atmosphere, self-responsibility, flat hierarchies and collaborative leadership style they are, for example, better assessed. Only in internationality, location, attractive remuneration and reputation are the family businesses perceived to be weaker than large corporations.
"International career opportunities, however, are more apparent in large family businesses than the omnipresent public corporations," said Heidbreder: "The family businesses should promote this advantage to candidates in the future more clearly than ever before." Candidates are now much more mobile: 42.1 percent indicate in the survey that they are available and suitable for worldwide work.
The study "Family Business as Employer" is based on 1,466 interviews, which were conducted between 2008-2013 on the "Career Day Family Business" and evaluated by Prof. Dr. Alwine Mohnen, Chair of Management at the Technical University Munich.
The next Career Day Family Business will be held on 27 June 2014 at the construction and scaffolding company PERI in Weißenhorn near Ulm. About 40 large German Family Businesses are going to be present there. As in previous years approximately 2,500 professionals and managers also will apply, of which 600 will be accredited. The deadline for applicants is May 12. Apply directly at: www.karrieretag-familienunternehmen.de
For more information:
Head of Communications and Programs
Prinzregentenstraße 50, D-80538 Munich
Phone: +49 (0) 89 / 12 76 400 06
Fax: +49 (0) 89 / 12 76 400 09
Der Entrepreneurs Club e.K.
Ismaninger Straße 113
D-80538 Munich, Germany
Tel: +49 (0)89 4161465-50
Fax: +49 (0)89 4161465-99