A championship title is worth as much as a bachelor's degree.

Where skilled workers are in short supply, good pay is the deciding factor. A study by the LFI reveals the true potential of the skilled trades. Those who pay well and offer a pleasant working environment have the advantage.

An actual Study by the Ludwig-Fröhler-Institute (LFI) on Compensation in the NRW trades shows: The Earning opportunities in the trades attractive. 

The seven chambers of skilled crafts in North Rhine-Westphalia have commissioned the LFI Munich to conduct a comprehensive study. Compensation study to create. More than 2.500 businesses participated and almost 10.000 salary data points The data was provided by apprentices, journeymen, master craftsmen, office staff, and helpers. With this study, the chambers of commerce aimed to gain a clear picture of current salaries and identify the factors influencing pay in the skilled trades.

Money as an incentive for applicants

The results show: Businesses need Patience, when they want to fill vacancies. On average, one remains. Journeyman position for nine months Unfilled, a master craftsman position for eight months. Many companies are using the height of Compensation specifically to attract new employees and retain existing ones. However, many owners consider a [missing word - likely "system" or "employee support"] even more important. good working atmosphere and personal contact with their people. Nevertheless, about a quarter of businesses consciously differentiate themselves from the competition by... above-average wages numbers.

Vocational training in a craft and subsequent further education lohnen sich financially. the Gesell On average, they earn 700 to 1.100 euros more than helpers. The increase is particularly significant after passing the master craftsman's examination. Master On average, apprentices earn €1.500 more per month compared to journeymen. Even though first-year apprentices in other sectors sometimes earn more, the top skilled trades catch up from the second and third years of apprenticeship onwards – and in some cases even surpass them.

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Master's degree holders on par with Bachelor's degree holders

The Master craftsman certificate is not only technically strong, but also a real financial powerhouse. Alternatives Studies. Master craftsmen in North Rhine-Westphalia earn an average of around €4.500 gross per month. At the top end, salaries of €6.000 to €8.000 are even possible. This puts them on par with bachelor's degree graduates in industry.

The study clearly shows: Performance pays off. Companies pay more when employees are highly motivated. They bring more expertise, more experience, take on more responsibility, or work with exceptional dedication. Furthermore, companies in Urban and countryside Similarly: The evaluation shows no significant differences in salaries between urban and rural regions.

Remuneration survey for the North Rhine-Westphalian skilled trades A brief summary of the study can be found here. > here for free download.

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