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German companies are increasingly converting their 'reduced working hours schemes' back into full-time permanent work. At the same time, the demand for temporary employment is rising.
Walter Huber, Head of Personnel Germany at electrical engineering giant Siemens, told German daily Die Welt "we are going to stop all reduced working hours schemes on 31 July 2010. At the moment, only 600 employees are still on the schemes but at the height of the recession we had 19,000 people on them."
"Temporary employment is also going up at Siemens. Before the economic crisis we had 11,000 temporary employees. By the end of May this number was reduced to 4,800."
Huber explains further that new permanent employment at Siemens is also on the up. The firm currently has 2,300 vacancies compared to 1,600 at the beginning of the year. Siemens are desperately trying to employ mechanical engineers and electrical technicians.
BMW, VW and chemical company BASF have equally converted reduced working hours schemes back into full-time work. At the same time, BMW has hired an extra +5,000 temporary employees whilst Mercedes has hired an extra +1,800.