EXECUTIVE JOBS IN EUROPE MARKET REPORT
Recruiters anticipate continued jobs growth in 2013
A new survey from the International Recruitment and Employment Confederation confirms
the positive employment outlook for 2013. According to the
latest Jobs Outlook, a survey of 600 international employers, the UK’s jobs
market is set to continue on a trend of slow growth during 2013
with 99 per cent of employers saying they plan to either
increase or maintain their permanent staff in 2013. The results
are also positive for temporary staff with 88 per cent of
employers planning to increase or maintain their temporary staff
headcount in 2013.
The REC’s chief executive Kevin Green said:
“These are encouraging signs for jobs growth in 2013. Based
on the feedback from both employers and recruiters it looks like
employer confidence is genuinely bouncing back. Even though the
wider international economic outlook may still be uncertain and growth
forecasts have been revised downwards, the resilience of this
country’s labour market cannot be in doubt. The flexibility
within our labour market means that we have not been hit with
the same difficulties as our International and European neighbours and we believe
that job growth is set to continue in the New Year.”
Jobs Outlook International reports the responses of 600 employers questioned
about their hiring intentions over the next quarter and the next
year. Respondents are drawn from across the public, private and
non-profit sector, and from across a range of industries and
sizes of organisation.
December’s Jobs Outlook survey of employers reports that:
• 96 per cent said they plan to either increase (55 per cent) or
maintain (41 per cent) their numbers of permanent staff over the
next three months (a total increase of one per cent on last
• 99 per cent reported they intended to either increase (53 per
cent) or maintain (46 per cent) their permanent headcount over
the next 12 months (the total is the same as last month but sees
a four per cent increase in the numbers planning to increase).
• 86 per cent plan to increase (30 per cent) or maintain (56 per
cent) their use of agency worker numbers in the next quarter.
• 88 per cent say they will increase (26 per cent) or maintain
(62 per cent) their use of agency workers over the next year.
Only one in 25 employers plan to reduce permanent headcount in
the first quarter of the New Year.
• Fewer than one in seven employers intend to cut back on temps
in the first three months of 2013.
LONDON, June 2011-
Small and medium-sized companies plan to step up hiring over the summer, a
survey has found, raising the chances that private firms will make up for jobs
lost due to the government's spending cuts.
The seasonally adjusted employment
outlook, based on a survey of some 2,000+ employers in the UK, rose to 3 percent
for the third quarter, up from 2 percent for the three months from April to June
and hitting its highest level since 2008.
The survey will be welcome news for the
government after a string of weak economic data indicated that the economy was
failing to pick up speed.
The government is banking heavily on
private firms to provide enough jobs for the people made redundant as part of
its severe spending cuts.
1st QTR 2011
An international survey of 400 recruitment consultancies in February 2011 across the UK showed
permanent staff vacancies rising at their fastest level in 10 months, while
demand for temporary staff saw its biggest rise since May 2007.
The permanent staff placements index rose to 62.7 last month from 58.2 in
January. The index remains way above the crucial 50 level, which separates
contraction from growth.
Germany's labor market improved sharply in February 2011 and unemployment
declined by much more than expected, owing to the country's solid economic
The European Commission, the EU's executive arm, said domestic demand would
continue to bolster Germany's export dominance this year, so that "economic
activity should continue to expand steadily, confirming the outlook for a
Ist Qtr 2008
are most likely to be looking to change jobs than executives elsewhere in
Europe, according to an international survey. The survey found that 24 per cent
of British executives were seriously considering moving to a new employer. This
compared with 17 per cent of executives in Norway and Sweden, 14 per cent in
France, 13 per cent in Spain, 12 per cent in Italy and just 10 per cent in
The reason is to be
found in the strength of the UK executive employment market. A strong economy
has added a lot of positions and executives feel confident when undertaking a
job search. Figures released for executive hirings in October were the strongest
for 2.5 years and this has pushed salary inflation upwards. Huge infrastructure
projects such as Olympics 2012 and Heathrow T5 are fueling demand across many
Executives in France
should however be feeling more confident about finding a new job. Unemployment
hit a 5 year low on an improving economic outlook.
At long last there has been a recovery in the European Executive job market.
Overall demand for senior executives increased by around 6% across Euro zone. UK
continues to move in an opposite direction and showed a slight weakening in 2005
albeit after the longest expansion in recent history. Spain, Ireland,
Netherlands were resilient while France and Germany the giants of the executive
market finally showed an upturn after many years of negative growth. Financial
Services were strong with good bonuses seen at year end. Other strong sectors
were IT, FMCG, Manufacturing, Construction, Oil&Gas and Business Services.
2002/2003 EXECUTIVE JOBS EUROPE REPORT
Improving stock markets likely to lead to a gradual
rebound in Financial services. UK economy remains above Euroland levels in terms
of GDP and employment growth. Spanish economy performs relatively strongly with
good demand across all sectors.
3rd Quarter 2002
Financial Services sector particularly in London is very
weak. Year end bonuses will be rare with the press talking of "negative
bonuses" i.e. no bonus and a pay cut. Some investment bankers used to past
earnings of US$1Million+ have found job offers at base salary levels only at
around US$200,000. Other sectors fairing better particularly for Business
Development, International Sales & Marketing, IT and Financial positions.
UK, Spain and the Netherlands remain the bright spots.
Germany and France are finding it difficult to generate new jobs as the
economies slow. Ireland has softened due to the downturn in the hi-tech sector.
Italy's export led economy is also holding back executive hiring as demand from
international customers in
Japan, USA and Germany for Italian goods slows.
The table below highlights a few of the senior positions in Europe uncovered by
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