The Max Planck Society is to spend €50 million on improving its training and mentoring services for postdoctoral researchers.
In a restructuring plan issued on 26 March, the society says it will use the €50m budget surplus to increase funding for doctoral students and postdocs by 40 per cent, improving the career planning and tutoring services available to them.
The society will revamp its training and teaching guidelines, and encourage more professors to act as mentors. “On top of this we need to provide more career planning support, as more than 90 per cent of PhD students will not stay in academic research,” said Martin Stratmann, the society’s president.