Annual Report 2023

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Creating tomorrow’s solutions

Personnel Development

In the spirit of the UN’s Sustainable Development Goal (SDG) 8 – Decent Work and Economic Growth – WACKER encourages its employees to realize their potential, assume responsibility and contribute their own ideas. We support their endeavors by providing basic and advanced training opportunities. We want to provide secure jobs, good employee benefits and a work culture that facilitates a positive work-life balance. It is important to us that all our employees enjoy equality of opportunity. A further aim is to ensure that any employees who are disabled or have chronic health issues are integrated in the workplace over the long term.

In 2023, WACKER invested a total of €9.2 million in Germany in personnel-development activities and advanced training (2022: €7.9 million).

Each employee spent an average of 26 hours in training in the year under review, with everyone taking part in at least one training event.

Each Group employee participates in an annual performance review and development meeting with their supervisor. The talent management conference cycle was revived in the year under review after having been suspended in the previous year.

All WACKER employees have a personal email address. This means that services can be accessed conveniently via a portal on the intranet and also individually on mobile devices.

Vocational training is a key component of WACKER’s personnel-development activities and has always been a focus of its HR strategy. In 2023, 193 young people began apprenticeships at WACKER or at the Burghausen Vocational Training Center (BBiW). The company employs a total of 576 apprentices (2022: 574). At 5.1 percent, the percentage of trainees (ratio of trainees to Group employees in Germany) is slightly below the previous year’s level (2022: 5.2 percent). The Burghausen Vocational Training Center also provides training for companies other than WACKER.

We continually adjust to demographic trends and offer young people long-term prospects. Under a company agreement for WACKER Germany effective until March 31, 2026, apprentices who successfully complete their training and demonstrate appropriate skills will be offered a job.























Number of new trainees







Total number of trainees (all training years)







Number of trainees graduating







Of whom employed by WACKER1







Number of retrainees




Trainees/retrainees as a percentage of total WACKER Germany workforce (%)








In most cases where a trainee was not hired, this was their own preference, e.g. because they were continuing their education at college or university.