The labor cost per employee full-time equivalent (FTE) in building completion and finishing in Germany is projected to increase steadily from 2024 to 2028. With a year-on-year growth rate of approximately 2.6% from 2024 to 2025, the trend shows a consistent upward trajectory. The cost stood at €45.1 thousand in 2023, indicating a steady rise year on year.
Key trends to watch for in the future include:
- Potential changes in labor market regulations that could impact wage structures.
- Technological advancements improving productivity, potentially offsetting cost pressures.
- Economic factors affecting inflation and labor demand.
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