German dual-study system aims for skills mastery
Companies pay to train students as they alternate between studies and practical on-the-job training
Munich
FROM Adidas to Volkswagen, Siemens to Bosch, many German multinational companies have made dual-study programmes a mainstay of talent and recruitment strategies. But it is probably the less-recognisable names among Germany's Mittelstand which have benefited the most.
These small and medium-sized enterprises - typically private, family-owned businesses that have found success in niches on the global stage - account for more than half of Germany's total economic output and generate 60 per cent of jobs.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Sri Lanka’s economy expected to grow 3% in 2024, central bank says
Yellen says US can bring inflation down without hurting jobs
US dollar briefly falls versus yen after GDP data
US weekly jobless claims unexpectedly fall
US economic growth slows more than expected in Q1
Malaysia ex-PM Mahathir facing anti-graft probe in a case involving his sons