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Employee retention in crafts firms (original title: Fachkräftesicherung in Handwerksbetrieben – Empirische Analyse der Entscheidung junger Fachkräfte für Handwerk oder Industrie)
My dissertation subjects focused on the decision factors of crafts apprentices to stay in the crafts sector after the end of their apprenticeship.
My analysis shows that career opportunities, the relationship with the supervisor and the relationship with the colleagues are the main drivers. Moreover, monetary incentives are not relevant for their decision according to my data. Consequently, crafts enterprises may strengthen their working atmosphere, provide opportunities for personal and professional development rather than competing with other industries in terms of salary.
The course with the Swiss Leading House in Davos with Prof. Ed Lazear from Stanford.