• Home
  • Living
  • Berlin ranks among the top 3 cities for professionals
04.11.2018

Berlin ranks among the top 3 cities for professionals

Recent studies show that young people are especially attracted to the city.

In its report Decoding Global Talent 2018, the Boston Consulting Group found a decline in the desire to work abroad. Of the 50 most populous countries in the survey, only 7 show a significantly greater interest in mobility now versus 2014. Reasons for this somewhat surprising fact include tightening immigration policies, but also improvements in the economic situation in many Asian and Eastern European countries. The number of respondents showing willingness to emigrate to another country dropped from 64% in 2014 to 57% today. Given the fact that demographic changes in many Western countries are increasing the demand for skilled labor, the competition for talent is fierce.

According to BCG, Germany has presented itself as highly welcoming to people from other countries. This, combined with a booming economy, goes a long way toward explaining the country’s rise among workers’ top choice for foreign countries to work in from 4th place in 2014 to 2nd after the United States.

Although Germany has moved up to 2nd place overall, among German cities, only Berlin has made it into the top 10 of the most attractive cities for the global workforce whereas Munich ranked 23rd and Hamburg 32nd. One of the main reasons is certainly the highly international character of the city, which makes it possible to get along very well there without having to speak German. The Frenchman Quentin Chaleard, who moved to Berlin to work for Delivery Hero, is quoted in the BCG article on Germany. He sees Berlin as more international, more affordable, and more laid back than Paris, which was the number-three city destination in 2014  

Favourite places to live for professionals

You can download this infographic from the Statista website and embed it on your sites or share it. 

BCG advises companies take a closer look at where people want to work, what they want in a job, and where to find talent possessing the skills they need. BCG recommends companies include a rigorous forecast of their workforce and skill needs and more creativity in sourcing, which can also mean relocating business units to places that are particularly attractive. It also suggests acquiring smaller companies with the talent, especially in digital fields.

The Millenial City Ranking

If you take a look at the number of pluses offered by Berlin, it quickly becomes clear why the German capital is so attractive to younger professionals, the so-called millennials. Nestpick, a company that operates the world’s largest database for furnished apartment rentals, created the Millennial City Ranking to pinpoint those cities which are successfully attracting the core workforce for the upcoming decade  and highlight up-and-coming locations.

The overall score was calculated from 15 individual scores, which were referring to employment, transport, access to contraception, LGBT friendliness, start-ups, health, gender equality, nightlife, internet speed, immigration tolerance, beer prices, housing, universities, personal freedom and choice, and festivals.

And the winner in 2018 was: Berlin!

Millenial City Ranking 2018

Source: Nestpick.com

More information

Find tips, infos & job offers for your reboot in Berlin on talent-berlin.de


Header Image: Photo by Helena Lopes on Unsplash

More articles

Next

Why should you start a business in Berlin?

Welcome to Berlin – the vibrant city in the heart of Europe! Berlin attracts businesses and startups from every sector. Science, research, and creative industries also love Berlin. True innovators enjoy living and working in Berlin, as the conditions for setting up a company in the city are outstanding.

Infrastructure

Berlin offers the ideal infrastructure for setting up a company. The city’s new international airport makes Berlin quicker and easier to reach than ever from all over Europe and the world. Berlin’s public transport network is extensive and excellent. Office space is plentiful and rents are still lower than in most European capitals. And if you just want to test the waters, few cities have as many co-working spaces as Berlin.

>> Berlin – Heart of Europe

Innovative Industries

In Berlin, you can join networks and discover businesses in all the key innovative industries, including high tech, healthcare, life sciences, service economy, mobility, and logistics. There is also plenty of potential for rewarding and conducive partnerships with research facilities and other institutions and organisations in Berlin.

>> Doing Business in Berlin

Starting Out and Scaling Up

Feel the spirit of entrepreneurship in Berlin! Berlin startups such as Zalando, DaWanda, and ImmobilienScout24 are major influencers in the German market, and venture builders like Rocket Internet and Project A are also located in Berlin. Accelerators and incubators exist at every level and for almost any sector.

>> Starting up in Berlin

Research & Science

Berlin is the capital for researchers and scientists in Europe. You’ll find research on the hottest topics in fields like bio technology, medicine, communication technology, photonics, mobility and transport, and more, carried out by top-level experts at universities and institutions of world renown.

>> Brain City Berlin

Living in Berlin

Finally, the large pool of highly skilled specialists from all over the world is a key reason to locate a company in Berlin. Thanks to the relatively low cost of living and vibrant cultural scenes, Berlin attracts many highly talented people – which directly benefits businesses in the city.

>> Life in Berlin

A growing German economy – good for entrepreneurs and investors

GDP growth is high and unemployment is low. A large market with consumers who like to spend. It's a great time for investments and market entry in Germany. Reason-Why.Berlin offers useful information on the German economy and various aspects of building business in Berlin.