A fundamental economic aspect results from the aforementioned social aspects. If employees are satisfied, the fluctuation rate decreases and with it the need to fill vacancies. In the middle income bracket, it takes an average of two to three months to fill a new position and costs a company around 23,000 euros.
Another central economic aspect is regionality. The procurement process, regardless of whether it is about (active) personnel recruiting, raw material procurement or the procurement of semi-finished products for production, should take place regionally as far as it makes sense. We pay attention to the origin and quality of the material, especially when procuring production materials. In addition to the aspect of regionality, this circumstance also contributes to more added value along the process chain.
Finally, transparency is a major issue in the area of corporate social responsibility. This transparency, both in production and in our external communication, was and is particularly important to us for responsible, long-term and trust-based cooperation with customers and suppliers.