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Talent Market in Berlin

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Berlin’s start-up and tech scene is booming with the city being dubbed the “Silicon Valley of Europe”. Start-ups in the capital bagged an incredible €2.67 billion in funding from a total of 233 financing rounds in 2018 putting the city on par with Paris and London. 8 out of the 10 most desirable start-ups in Germany are located in Berlin with an estimated 30% of the nation’s start-ups setting up in the city. Large multinationals such as N26, Zalando, Delivery Hero, Autogroup 1 and HelloFresh are all headquartered in this tech haven.

This incredible shift from “poor but sexy” to the “Silicon Valley of Europe” has caused a serious strain on the supply of talent. Companies based in Berlin are now locked in a ‘talent war’ as demand for talent is quickly outstripping supply.


According to LinkedIn data, there is 32,000 listed developers in Berlin, an increase of 15% from this time a year ago. Approximately, 50,000 internationals relocate to Berlin annually and as the tech scene continues to flourish, this figure continues to increase. This continual influx of talent does serve to mitigate some of the talent supply issues, however the volume of talent entering Berlin is not enough to meet the ever-growing demand. It is estimated that a new start-up is founded every twenty minutes in the capital.

 

Furthermore, companies are struggling to retain talent in a candidate driven market. The locus of power now resides with the employee, who can now afford to pick and choose between employers. This reality is reflected in the volatile attrition rates of developers in the city. Approximately 30% of all developers have switched jobs within the last twelve months with the average tenure of a Berlin-based developer being just 1.4 years. Highly desirable companies to work for are even struggling to retain talent as salaries and remuneration packages continue to inflate.

These worrying statistics convey a prevailing issue amongst employers -  how to retain top talent. The generous salary and remuneration packages don’t seem to be enough to keep developers in house. Companies need to discover what their employees really value about their jobs aside from their pay and benefits.

According to a LinkedIn survey of Berlin based developers, the most important value-proposition for this group is work-life balance. Developers want to have the time to enjoy their lives outside of their careers in a way that suits their lifestyle. This includes items like flexible working and remote working options. In a city as vibrant as Berlin, this carries more weight as there is plenty to do outside the office.

The second most important value-proposition for developers is challenging work. Developers actively seek to challenge their intellect and skillset on a daily basis. This is one of the reasons why ground level start-ups can be so attractive to developers compared to large multinationals.

The third highest ranking item on the list is company culture. A company’s culture can really help them stand out of the crowd, culture is a unique selling point that is very hard to replicate. It is important to not only have a positive culture that inspires and motivates employees, but to communicate and advertise it through various social media platforms and websites like TrustPilot and Glassdoor.

Berlin is on its way to establishing itself as start-up and tech powerhouse that rivals nearly any city around the globe. Without a doubt, attracting and retaining top talent will be the key to maintaining this trajectory. As demand for talent continues to outstrip supply, retention becomes ever-more important to companies looking to facilitate their growth.

Posted by Adam Dunne on 4 June 2019

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Swedish Residence Permit

Swedish Residence Permit

If you are an EU citizen and plan to stay in Sweden for more than three months you will need a to have the right of residence. This means you must have means to support yourself. You do not need a residence permit and you do not need to contact the Swedish Migration Agency. After living in Sweden for five years with the right of residence you will be granted permanent right of residence. With your permanent residence card, you will be eligible to apply for citizenship. Both EU and non-EU citizens must obtain a Personnummer number if they are living in Sweden for more than three months, this is an identification number that is given to all Swedes. It is obtained after you register in the Swedish population register. This can be obtained at a Skatteverket Office (Swedish Tax Agency). You will be required to have a Swedish address to register, as your Personnummer must be sent to your own Swedish address. You will not be able to open a bank account until you have received your Personnummer. This application is relatively straightforward for EU citizens. If you are a non-EU citizen, you will need a work permit to enter Sweden. An application for a work permit of three months or more is automatically issued with a residence permit application. Citizens of Nordic Countries Citizens of Denmark, Finland, Norway and Iceland may live in Sweden without obtaining a residence permit. All you must do is register with the Swedish Tax Agency to obtain your personnummer number. Required Documents You will need to bring the following documents; Passport or national ID card Documents showing your civil status Birth certificate, if you have children Proof of employment in Sweden 'anstallningbevis' A payslip if you have already started working This must be provided from your employer confirming that you will be working in Sweden. The employment certificate must be signed by your employer and you and must include the following; your name and your address your employer's name and address your employer's corporate identity number - organisationsnummer if you are employed on a fixed-term or indefinite-term basis or on a probationary or temporary basis other employment terms including employment date, period of notice, working hours, holiday leave, salary and benefits description of your duties collective agreement (if applicable) Change of Address If at any time you move to a new address, you must report your new address to the Swedish Tax Agency. It is free of charge to report and can easily be done with the use of the Tax Agency’s e-service. On the e-service you can print out the form and send it to them by mail. Where do I register? In the below link you can locate your nearest Swedish tax agency location; https://skatteverket.se/omoss/kontaktaoss/besokservicekontor.4.515a6be615c637b9aa4acd5.html Leaving Sweden If at any point you decide to leave Sweden again you must notify the Swedish Tax Agency of your plans. If you move to another Nordic country the regulations of that country will determine if you will enter its population register. You will be removed from the Swedish population register after the Nordic country has registered you with their population register.

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Visa Requirements in Sweden

Visa Requirements in Sweden

Work Permit If you are an EU/EEA citizen, you are entitled to work in Sweden without a work permit. If you work and have enough means to support yourself, you automatically have right of residence in Sweden. With that you do not need to register with or apply for a residence permit at the Swedish Migration Board. You are entitled to start working immediately upon arrival in Sweden. You are also entitled to come to Sweden to search for work. More information may be found at www.migrationsverket.se Non-EU You cannot obtain a work permit to go to Sweden to look for a job. To obtain a work permit you must have been offered a job in Sweden, employees cannot enter the country until the permit is granted. To be eligible for a work permit you must; Have a valid passport Have been offered terms of employment that are at least on par with those set by Swedish collective agreements or which are customary within the occupation or industry Have been offered a salary that is at least on par with that set by Swedish collective agreements or which is customary within the occupation or industry Have been offered a position that will enable you to support yourself. In order to satisfy this support requirement, you need to work to an extent that will result in a salary of at least SEK 13,000 per month before taxes Have an employer who intends to provide insurance covering health, life, employment and pension when you begin to work. Where To Apply You need to apply with the Swedish Migration Agency. The easiest way to apply is through an online application at; https://www.migrationsverket.se/download/18.5e83388f141c129ba6312e9d/1535449030680/atinifran_151011_en.pdf Extending Your Work Permit In order to extend your work permit, your salary and other terms of employment must have been at least equivalent to what is stated in the collective agreement or is considered the practice in your profession or industry. You must also have worked to the extent that your wages reached at least SEK 13,000 per month, before taxes. These conditions must have been met during the entire time that you have held a work permit in Sweden. Permanent Residence Permit You must live in Sweden for 4 years on a work permit before you would be eligible for permanent residency. You apply for a residence permit by submitting an application to your local Embassy or Consulate or in some cases directly to the Swedish Migration Board – Migrationsverket. One year after you obtain your permanent residency you will be eligible to apply for citizenship. How long does it take to get a decision from Migrationsverket? You will have to be patient, because processing times are quite long, especially for first time applicants. The current waiting time for first time applicants are between 14 – 18 months. However, processing times for second time applicants are generally shorter, around a work week. Yet, this completely depends on the complexity of your application EU Blue Card If you are a non-EU national and have received an offer of a highly qualified job, you can apply for an EU Blue Card. You must have a university education equivalent to 180 university credits, or five years’ professional experience and a salary equal to at least one and a half times the average gross salary in Sweden. In order to obtain an EU Blue Card, you must have; A valid passport A university education equivalent to 180 university credits, or five years’ relevant professional experience Taken out or applied for a comprehensive health insurance policy that covers health and medical care in Sweden An employment contract or offer of highly qualified employment lasting at least one year No less than one and a half times the average gross salary in Sweden, before taxes. More information To read more information please visit: https://www.eu-bluecard.com/how-to-apply/

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Tax System in Sweden

Tax System in Sweden

If you are living in Sweden for more than 183 days (six months), you are considered a tax resident. You must register to pay tax and submit an income tax return. Types of Income Income from agriculture and forestry Income from business operations Income from self-employed work Income from employed work Income from capital Income from letting property Miscellaneous income. If income does not fall under any of these categories, they are not subject to income tax. Income Tax Sweden has a progressive income tax; this means the rates increase as your income increases. Income tax for residents includes both national and municipal tax. Municipal tax is deducted at a flat rate which varies from one municipality to another, but it is usually between 29-34%. The national tax, for its part, applies at a rate of 20-25% based on how high your income is. Rates: 0 - 455,200 = 32% Municipal income tax 455,300 – 662,200 = 20% National income tax + 32% Municipal Income Tax Over 662,300 = 25% National Income Tax + 32% Municipal Income Tax *In Swedish Kronor Swedish Tax Sweden has one of the highest personal income tax rates in the world, however you will enjoy free education along with subsidised healthcare and public transportation. Tax Year The Swedish tax year is the same as the calendar year, January 1st to December 31st. The income tax return for the year must be received by the Swedish Tax Agency by the 2nd of May at the latest. For more information visit - https://www.skatteverket.se/

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Talent Market in Berlin

Talent Market in Berlin

Berlin’s start-up and tech scene is booming with the city being dubbed the “Silicon Valley of Europe”. Start-ups in the capital bagged an incredible €2.67 billion in funding from a total of 233 financing rounds in 2018 putting the city on par with Paris and London. 8 out of the 10 most desirable start-ups in Germany are located in Berlin with an estimated 30% of the nation’s start-ups setting up in the city. Large multinationals such as N26, Zalando, Delivery Hero, Autogroup 1 and HelloFresh are all headquartered in this tech haven. This incredible shift from “poor but sexy” to the “Silicon Valley of Europe” has caused a serious strain on the supply of talent. Companies based in Berlin are now locked in a ‘talent war’ as demand for talent is quickly outstripping supply. According to LinkedIn data, there is 32,000 listed developers in Berlin, an increase of 15% from this time a year ago. Approximately, 50,000 internationals relocate to Berlin annually and as the tech scene continues to flourish, this figure continues to increase. This continual influx of talent does serve to mitigate some of the talent supply issues, however the volume of talent entering Berlin is not enough to meet the ever-growing demand. It is estimated that a new start-up is founded every twenty minutes in the capital. Furthermore, companies are struggling to retain talent in a candidate driven market. The locus of power now resides with the employee, who can now afford to pick and choose between employers. This reality is reflected in the volatile attrition rates of developers in the city. Approximately 30% of all developers have switched jobs within the last twelve months with the average tenure of a Berlin-based developer being just 1.4 years. Highly desirable companies to work for are even struggling to retain talent as salaries and remuneration packages continue to inflate. These worrying statistics convey a prevailing issue amongst employers - how to retain top talent. The generous salary and remuneration packages don’t seem to be enough to keep developers in house. Companies need to discover what their employees really value about their jobs aside from their pay and benefits. According to a LinkedIn survey of Berlin based developers, the most important value-proposition for this group is work-life balance. Developers want to have the time to enjoy their lives outside of their careers in a way that suits their lifestyle. This includes items like flexible working and remote working options. In a city as vibrant as Berlin, this carries more weight as there is plenty to do outside the office. The second most important value-proposition for developers is challenging work. Developers actively seek to challenge their intellect and skillset on a daily basis. This is one of the reasons why ground level start-ups can be so attractive to developers compared to large multinationals. The third highest ranking item on the list is company culture. A company’s culture can really help them stand out of the crowd, culture is a unique selling point that is very hard to replicate. It is important to not only have a positive culture that inspires and motivates employees, but to communicate and advertise it through various social media platforms and websites like TrustPilot and Glassdoor. Berlin is on its way to establishing itself as start-up and tech powerhouse that rivals nearly any city around the globe. Without a doubt, attracting and retaining top talent will be the key to maintaining this trajectory. As demand for talent continues to outstrip supply, retention becomes ever-more important to companies looking to facilitate their growth.