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Germany: Siemens launches its ‘Future fund’ with which employees can choose their own training
Planet Labor, 28 February 2019, n°11023 -

Europe’s largest industrial and electro-technical manufacturing company is also facing the changes being brought about by digital transformation, artificial intelligence, and energy transition. In order for its employees to adjust their know-how and expertise, Siemens has launched a €100 million ‘Future fund’ (Zukunfstfonds) to cover funding until 2022 for qualifications that will help manage major ‘structural transformations’. However in contrast with current training options, with this fund employees will be able to choose and develop their own training projects. The fund opened at the start of February 2019.

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