The German news magazine Der Spiegel published a series of articles [1, 2] around career developments. The stories suggest that career aspirations of young professionals today are somewhat different to those of previous generations in Germany.
Apparently money and people management responsibility are less desirable for new starters compared to being able to participate in interesting projects and to maintain a healthy work life balance. Hierarchies are seen as a mean to an end, and should be more flexible, depending on requirements and skills sets. Similar to how they evolve in online communities and projects.