Train existing employees or recruit new staff?

Strategies adopted by German SMEs to meet technological change

Coverbild: BWP 5/2017
Author
Issue/Year (Volume) 5/2017 (46)
Page(s) 13-17
Language(s)
    englisch

Increasing digitalisation is playing an important role for SMEs as well as large enterprises. The way of working is changing, and task demands for employees are growing. How are companies attempting to meet these rising requirements? Are new staff being recruited, or are new career opportunities opening up for existing workers? This article investigates these questions using data from the BIBB Training Panel as a basis.

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