Age structure in Germany
Rejuvenation trend now also at national level
For the first time, the national average age is also falling. At year-end 2023, the average age in Germany was 46.5, which equates to a rejuvenation of the workforce by 0.3 years. Once again, the biggest decrease of 3.5 percentage points was recorded in the 46–55 age group, while the proportion of employees aged 56+ was up 1.2 percentage points, to 28.7 percent. The proportion of those aged 45+ declined from 61.0 percent to 58.6 percent.
Deutsche Telekom in Germany is therefore moving ever closer to a balanced age structure that will allow the Group to harness a broad range of skills, experience, and perspectives to help strengthen its own innovativeness, performance, and resilience. It will also help strike a good balance between continuity and renewal, and successfully counteract demographic change.
Over the next few years, Deutsche Telekom in Germany will face a major challenge as the baby boomer generation retires from the employment market (and the company). This will create various challenges that need to be tackled in the years to come. The transfer of knowledge to the younger generation will be pivotal in this regard. The challenge is to successfully structure the transition to an era without baby boomers while safeguarding the continuity of our business activities. This calls for a strategic, proactive approach to HR management and the creation of an environment that maximizes the potential of all generations.