Alarming survey: 33% of the entrepreneurs plan location shift!

Austrian top managers raise the alarm! The relentless combination of rising energy and personnel costs brings the domestic economy into trouble. According to a recent survey of the future, women Alumnae Club, in which almost 400 leadership women took part, a third is already considering moving their production locations abroad. Above all, 58 percent of the respondents who recognize the increased costs as the greatest challenge are affected. The survey also shows that more than a quarter of managers are concerned about the economic development, while only 54 percent are optimistic about the future, as Leadersnet

Personnel costs increase dramatically

The Horváth study confirms this findings and puts its finger on the wound: Personnel costs in Europe increase by an average of 7.5 percent in 2023, while the material costs will only be 4.5 percent. Indiets such as automotive, telecommunications and chemistry are particularly affected, where the climbs could even be up to 16 percent. Companies find that the availability of workers has now become a decisive location factor. It is not only decided on the costs, but also about long-term availability, which in their strategy for recruitment presents new challenges, as the analysis of .

The survey among managers also reveals solutions: the focus is increasingly on flexible work models and the further development of employer branding. In addition, technology, especially through artificial intelligence, accelerates efficiency in companies. However, while 87 percent of managers recognize that AI has to be integrated into the work process, the area of further qualification of employees often remains underdeveloped. There is an urgent need for action to keep up with the rapid market changes and to make the valuable resource personnel future -proof.