Family businesses are attractive employers – 10th Family Business Career and Recruitment Day at Würth in Künzelsau
Künzelsau.40 leading family businesses from all over Germany came together for the 10th Career and Recruitment Day that was held at Adolf Würth GmbH & Co. KG in Künzelsau on 10 November. More than 2,500 highly qualified specialists and executives applied, 650 received an accreditation and had job interviews during the day because they all consciously strive to pursue a career at a family business.
"I am delighted that we were chosen to organize this day and wish you excellent talks", Prof. Dr. h. c. mult. Reinhold Würth, Chairman of the Supervisory Board of the Würth Group's Family Trusts and host of this year's Family Business Career and Recruitment Day, welcomed the applicants to Künzelsau and in his speech gave an overview of the Würth Group. "Family businesses offer the employees many advantages", said Benjamin Würth, Deputy Member of the Executive Board of the Würth Group. "It is much easier to implement ideas. Obstacles aren't as high and the employees can shape their future themselves."
Family businesses are not only attractive because of their flat hierarchies and the opportunity to act on one's own responsibility, as a survey among 4,000 specialists and executives, who had been accredited for the Family Business Career and Recruitment Day since 2006, revealed. "Many young people highly appreciate the specific corporate culture and the canon of values at family-owned businesses: reliability and trust as lived values instead of a hire-and-fire mentality", added Stefan Heidbreder, Managing Director of Stiftung Familienunternehmen (Foundation for Family Business) in his welcoming words. Studies on the financial crisis showed that large family businesses held on to their employees for much longer than companies owned by several shareholders. They even extended their number of employees on a national level during the crisis, while others made employees redundant.
"A change of image has taken place", Heidbreder summarized. Currently, 60 percent of the interviewed high potentials are firmly convinced that a family business offers them better opportunities than large corporations owned by widely spread shareholders.
"Another advantage: family businesses invest a lot of money and efforts in the long-term retention of their employees", added Stefan Klemm of Entrepreneurs Club, who called the Family Business Career and Recruitment Day into being and has been organizing it together with leading family-owned businesses and the Foundation for Family Business ever since. They offer promotion programs for up-and-coming staff, especially the promotion of women in managerial positions as well as postgraduate studies alongside the job. In cooperation with the University of Louisville, the Würth Group developed a study program alongside the job leading to the popular "Master of Business Administration" (MBA). Half the courses are held in the U.S.; in addition to that, the program offers visits to companies such as General Electric, FORD, UPS or Toyota. "Those who have shown discipline and good time management during the program are well prepared for higher positions in Germany and abroad", says Stefan Klemm.
All family businesses and hidden champions represented on the Career and Recruitment Day in Künzelsau offer their employees the opportunity to prove themselves in countries abroad. They all have one thing in common: they are rooted in their region, but operate on a global scale.