Labor-related incentives play a significant role in reducing the operational costs incurred by new businesses. Germany's Federal Employment Agency (Bundesagentur für Arbeit) and the German states offer a range of labor-related incentives programs designed to fit the different company needs when building a workforce.
The range of programs offered can be classified into four main groups: programs focusing
Time Frame for Labor Related Incentives
- on recruitment support,
- training support,
- wage subsidies,
- and on-the-job training.
Labor-related incentives are available throughout Germany; independent of factors such as company size, industry sector, or investment project location. Programs can be carried out and adjusted by local authorities according to investor needs - usually in close cooperation with the investor.