The labour cost per employee FTE in the central heating radiators and boilers sector in Germany is forecasted to rise consistently from €88.2 thousand in 2024 to €97.0 thousand in 2028. The year-on-year percentage increases are steady, showcasing a stable upward trend: 2.5% from 2024 to 2025, 2.4% from 2025 to 2026, 2.4% from 2026 to 2027, and 2.3% from 2027 to 2028. Notably, in 2023, the labour cost stood at €86.0 thousand. The compound annual growth rate over this five-year period is projected to be a consistent 2.4%, reflecting a robust upward trend in labour costs.
Future trends to watch for include potential impacts from technological advancements and energy efficiency mandates, which could drive demand for specialized skills, thus influencing labour costs and requiring strategic workforce planning.