Antal Global Snapshot 09

ANTAL GLOBALSNAPSHOTA survey of hiring and firing trends in keyemployment markets around the world.

Edition 9 - July 2011snapshot.antal.com

Antal Global Snapshot | Edition 9 - July 2011 Page 1

www.snapshot.antal.com

THE ‘ANTAL GLOBAL SNAPSHOT’

Introduction

The ‘Antal Global Snapshot’ is a regular survey of hiring (and firing) trends in some of the world’s most important

employment markets and in those likely to join this group over the coming decade. This is the ninth report in the series

and is based upon material sourced from over 12,800 businesses in commerce, industry and the financial services

sectors in 47 countries on five continents.

We hope that you find it both interesting and useful.

Chairman and CEO

Antal International

About Antal International

Founded in 1993, Antal International is a management and professional recruitment specialist with a particular focus

on the sourcing and retention of candidates in the ‘Generation Y’ bracket. One of the first recruitment organisations to

devote substantial resources to emerging markets, the company now has 98 offices in 32 countries and works with

many of the world’s most successful and ambitious multi-nationals.

Methodology

This edition of the ‘Antal Global Snapshot’ is based upon survey forms and telephone interviews completed by line

and HR managers in 12,875 companies, professional partnerships and financial institutions across 47 countries in

June 2011.

Each respondent was asked whether they were currently hiring or letting go professional / managerial staff and

whether they intended to do so over the coming quarter. All respondents were granted anonymity to encourage open

and honest answers.




Local Picture - Detailed information on the key markets surveyed.

Western Europe Are you currently hiring at managerial/professional level?

Do you expect to hire at managerial/professional level over the coming quarter?

Are you currently letting people go at managerial/professional level?

Do you expect to let people go at managerial/professional level over the coming quarter?

Austria Belgium

France

19% 17% 14% 12%

Austrian hiring levels have remained consistent since last

quarter. While the percentage of organisations taking on

new staff remains low at 19%, current firing levels are also

low, indicating that a lack of recruitment activity is due to

businesses retaining their staff.

55% 57%

25% 23%

59% 59%

38%30%

Current hiring levels in France have consistently

increased over the last six months and show a modest but

noticeable improvement on last quarter. The percentage

of organisations expecting to hire at a managerial and

professional level over the coming quarter has also risen

to 59%. Overall, France has remained consistent with

previous figures with 30% of the businesses asked

expecting to let people go over the coming quarter.

33%28%

8% 6%

Germany

The number of businesses hiring at a managerial /

professional level or intending to do so in the next three

months has decreased since last quarter. However, the

percentage of organisations currently letting staff go has

fallen to 25% and promises to drop further in the next

quarter. This indicates that more employees are retaining

their jobs.

Germany’s hiring and firing figures have remained fairly

consistent since the last quarter’s Snapshot. The

percentage of organisations shedding staff remains low at

just 8%, indicating that the German employment market is

stabilising, with high staff retention rates.





Western Europe Continued...stern Western Europe Are you currently hiring at managerial/professional level?




Italy Luxembourg

Netherlands

48% 46%

14% 14%

Like many of its Western European neighbours, Italy’s

hiring and firing levels have remained consistent over the

last quarter with the percentage of businesses taking on

and shedding staff fluctuating by just 1% or 2%. In line

with much of Western Europe, it seems Italy is retaining

its staff and that the jobs market is stabilising.

54% 54%43%

29%

49% 52%

28% 26%

The Netherlands has enjoyed a successful quarter.

Current hiring levels have increased by 15% since last

quarter and are expected to further increase to 52% over

the next three months. The percentage of organisations

letting go of staff has remained fairly consistent,

increasing by a modest 6%, indicating growth in the

employment market.

53% 56%

30% 29%

Nordics

(Denmark, Finland, Norway, Sweden)

The percentage of businesses taking on managerial and

professional staff in Luxembourg has fallen by 32% since

the last quarter, when Luxembourg boasted the highest

global hiring levels. However, firing levels look set to

decrease over the next quarter, indicating that

organisations intend to keep on the staff hired during this

boom in the market.

There is a lot of activity in the Nordic employment market,

with a respectable 53% of employers currently hiring – a

comparatively high figure within the context of Western

Europe and one that looks set to increase in the coming

three months. Firing levels are also predicted to fall in the

coming quarter, indicating modest but noteworthy growth

in the market.





Western Europe Continued...stern Europe Are you currently hiring at managerial/professional level?




Portugal Spain

Switzerland

28% 28% 30% 28%

Portugal’s current hiring activity at a professional level has

gone down from 35% to 28% since the last quarter.

However, the percentage of organisations currently firing

managerial and professional staff has also fallen. The

outlook is more positive, as the percentage of

organisations planning to let people go in the coming

quarter looks set to fall.

35% 32%26% 23%

33% 29%

11% 10%

The percentage of organisations increasing their head

counts in Switzerland has fallen since last quarter.

However, the percentage of businesses shedding staff

has remained at a consistently low level, indicating that, in

line with the majority of Western European countries,

Swiss companies are retaining their staff.

Spain’s hiring and firing levels have not changed

dramatically since last quarter’s Snapshot. Current hiring

activity of managerial and professional staff has increased

slightly to 35%. Current firing levels have also dropped

slightly this quarter with this trend looking set to continue

into the next three months.

United Kingdom

61% 64%

29%23%

The United Kingdom has seen small decreases in current

hiring levels, with 61% of organisations currently taking on

professional and managerial staff. However, this figure

looks set to rise to 64% over the next three months as the

market promises to pick up again. Current firing activity

has risen marginally to 29%, but as the market looks set

to grow next quarter, firing levels are predicted to drop to

23%.



WESTERN EUROPE

Detailed examination of key markets

Western Europe Key Sectors Are you currently hiring at managerial/professional level?




17%

9%

3%

4%

Germany Key Sectors

21%

19%

7%

4%

62%

62%

38%

31%

86%

50%

21%

14%

81%

79%

40%

41%

46%

23%

6%

6%

71%

70%

29%

25%

49%

49%

3%

5%

58%

59%

21%

14%

58%

42%

0%

0%

BANKING & FINANCIAL

SERVICES

AEROSPACE

CHEMICAL COMMUNICATIONS CONSTRUCTION

ENERGY & RENEWABLE

ELECTRONICS

ENGINEERING

FMCG

AUTOMOTIVE



WESTERN EUROPE


Western Europe Key Sectors Continued… Are you currently hiring at managerial/professional level?




66%

59%

14%

3%

Germany Key Sectors Continued…

26%

30%

26%

9%

37%

34%

6%

5%

36%

28%

9%

9%

84%

82%

33%

17%

77%

77%

31%

23%

21%

18%

8%

6%

73%

69%

31%

15%

21%

31%

4%

7%

65%

64%

12%

5%

MANUFACTURING

HEALTHCARE

MEDIA PHARMA/MEDICAL RETAIL

SHIPPING &

TRANSPORT

SERVICES

TECHNOLOGY

- HARDWARE

LEISURE

TECHNOLOGY

- SOFTWARE



WESTERN EUROPE






Italy Key Sectors

37%

39%

22%

24%

55%

56%

13%

12%

44%

44%

17%

11%

CHEMICAL BANKING & FINANCIAL

SERVICES AUTOMOTIVE

86%

93%

50%

50%

38%

50%

6%

6%

74%

65%

13%

22%

56%

56%

11%

6%

42%

37%

9%

7%

12%

12%

6%

5%

60%

63%

27%

27%

56%

56%

22%

20%

78%

67%

8%

11%

72%

71%

35%

37%

82%

64%

0%

0%

75%

68%

29%

39%

33%

56%

22%

11%

ENERGY & RENEWABLE ELECTRONIC COMMUNICATIONS

LEISURE FMCG ENGINEERING

RETAIL PHARMA/MEDICAL MANUFACTURING

SHIPPING &

TRANSPORT SERVICES TECHNOLOGY

- HARDWARE

TECHNOLOGY

- SOFTWARE



WESTERN EUROPE






64%

38%

36%

31%

52%

39%

30%

30%

41%

50%

25%

32%

46%

50%

21%

21%

56%

41%

53%

36%

67%

39%

50%

17%

36%

76%

71%

86%

56%

49%

54%

41%

50%

51%

28%

30%

48%

31%

40%

38%

CHEMICAL

51%

37%

40%

38%

58%

57%

26%

24%

36%

64%

5%

6%

BANKING & FINANCIAL

SERVICES ACCOUNTANCY

FMCG ENERGY & RENEWABLE

MANUFACTURING

LEISURE

MEDIA PHARMA/MEDICAL

SERVICES SHIPPING &

TRANSPORT

TECHNOLOGY

- HARDWARE

TECHNOLOGY

- SOFTWARE

Netherlands Key Sectors

46%

49%

29%

29%

RETAIL



WESTERN EUROPE






71%

64%

21%

14%

67%

100%

11%

22%

80%

80%

60%

60%

ENERGY & RENEWABLE

MANUFACTURING

TECHNOLOGY

- SOFTWARE

Nordic – All Nations Key Sectors



WESTERN EUROPE






41%

23%

14%

13%

29%

25%

29%

33%

15%

30%

19%

26%

CHEMICAL BANKING & FINANCIAL

SERVICES AUTOMOTIVE

Spain Key Sectors

28%

35%

29%

32%

34%

31%

43%

43%

22%

19%

24%

22%

ELECTRONIC

CONSTRUCTION COMMUNICATIONS

36%

34%

34%

22%

37%

26%

24%

11%

21%

21%

33%

36%

FMCG ENGINEERING

ENERGY & RENEWABLE

32%

25%

25%

13%

38%

33%

36%

29%

38%

35%

30%

24%

RETAIL PHARMA/MEDICAL

MANUFACTURING

48%

52%

10%

19%

56%

53%

12%

24%

33%

67%

0%

0%

SOCIAL MEDIA SHIPPING &

TRANSPORT

SERVICES

44%

41%

25%

22%

33%

32%

19%

20%

TECHNOLOGY

- SOFTWARE

TECHNOLOGY

- HARDWARE



WESTERN EUROPE






71%

71%

29%

43%

100%

100%

60%

40%

53%

42%

37%

21%

67%

100%

33%

33%

50%

63%

25%

13%

79%

93%

29%

21%

50%

50%

40%

20%

63%

88%

25%

25%

100%

83%

50%

33%

AUTOMOTIVE

FMCG LEISURE

MANUFACTURING

RETAIL

UK Key Sectors

57%

44%

42%

42%

71%

72%

14%

14%

TECHNOLOGY

- SOFTWARE

TECHNOLOGY

- HARDWARE

BANKING & FINANCIAL

SERVICES ENERGY & RENEWABLE

PHARMA/MEDICAL

SERVICES





Eastern Europe & Eurasia Are you currently hiring at managerial/professional level?




Bulgaria Croatia

Czech Republic

54% 52%

23%18%

The overall picture in Bulgaria is positive, as current hiring

levels have risen over the last few months, peaking this

quarter at 54%. The positive trends look set to continue as

firing levels are predicted to drop to 18% over the next

three months.

55% 52%

9% 9%

48%53%

43%

30%

Hiring levels are down in the Czech Republic with current

figures falling to 48%. However, these numbers are still

comparatively high against the backdrop of the Western

European employment market and look set to rise, as

53% of the businesses asked intend to take on staff in the

next three months. The number of organisations letting

people go has also risen from 12% last quarter to 43%

this quarter, indicating overall movement in the Czech

employment market. The market looks set to balance out

in the next three months, with firing levels due to drop by

13%.

43% 46%

20% 16%

Hungary

Current hiring levels in Croatia have risen significantly

since the last quarter to 55%, and look set to stay

consistent in the next three months. The percentage of

businesses currently shedding staff has dropped by 10%

since last quarter’s Snapshot and is on course to remain

stable at 9% in the coming quarter.

Hiring activity in Hungary has continued to rise since last

quarter with hiring levels for managerial/professional staff

reaching 43%. This figure looks set to rise by 3% over the

next three months as more Hungarian organisations

intend to recruit. The percentage of businesses shedding

staff however has increased slightly from last quarter to

20% but firing predictions for next quarter are still low at

16%.





Eastern Europe & Eurasia Continued... Are you currently hiring at managerial/professional level?




Poland Romania

Russia & CIS (Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan,

Tajikistan, Turkmenistan, Ukraine, Uzbekistan)

55%47%

12% 11%

As predicted, the percentage of organisations hiring at

managerial and professional level has risen this quarter to

55%. Meanwhile, the percentage of businesses currently

lowering their head count has remained stable at 12%.

The overall picture is positive. Over half of employers are

currently hiring combined with one of the lowest current

firing levels in the region.

53% 49%

23% 24%

66% 68%

34% 32%

Russia boasts one of the highest current levels of

recruitment in the region, with 66% of the businesses

questioned taking on managerial and professional staff.

The percentage of organisations letting staff go has fallen

since last quarter to 34% and looks set to drop a further

2% in the coming three months.

58%69%

27% 31%

Slovakia

Hiring activity has remained consistent in Romania, as

have current firing levels, which have risen by a modest

8%, indicating that, in line with much of Eastern and

Western Europe, the employment market is rightsizing.

Current hiring levels have remained consistent in Slovakia

at 58% but look set to rise by 11% over the next three

months. The positive trends run across the board as, at

27%, firing levels are 15% lower than predicted last

quarter.





Eastern Europe & Eurasia Continued... Are you currently hiring at managerial/professional level?




Turkey

71%65%

21% 17%

Since last quarter, there has been a spike in hiring activity.

The percentage of businesses taking on new managers

and professionals has reached 71%. The future looks

positive for Turkey as the number of organisations

shedding staff is 15% lower than predicted last quarter,

and looks set to fall by a further 4% over the next three

months.



EASTERN EUROPE


Eastern Europe & Eurasia Key Sectors Are you currently hiring at managerial/professional level?




19%

50%

19%

13%

71%

86%

0%

43%

29%

29%

57%

43%

PHARMA/MEDICAL

COMMUNICATION

S

FMCG

Hungary Key Sectors

44%

67%

22%

33%

RETAIL

22%

33%

17%

28%

SHIPPING &

TRANSPORT



EASTERN EUROPE


Eastern Europe & Eurasia Key Sectors Continued… Are you currently hiring at managerial/professional level?




Poland Key Sectors

42%

37%

18%

8%

51%

51%

14%

19%

45%

43%

12%

10%

47%

41%

12%

6%

58%

35%

6%

8%

68%

59%

15%

15%

40%

42%

12%

6%

43%

48%

11%

11%

45%

45%

15%

10%

45%

36%

12%

12%

73%

70%

14%

16%

ACCOUNTANCY BANKING & FINANCIAL

SERVICES AUTOMOTIVE

CHEMICAL

ENERGY &

RENEWABLES

COMMUNICATION

S

CONSTRUCTION

ENGINEERING

ELECTRONIC

FMCG

LEGAL



EASTERN EUROPE






Poland Key Sectors

56%

41%

12%

8%

26%

24%

12%

17%

56%

47%

8%

8%

77%

62%

8%

8%

46%

37%

8%

7%

77%

64%

18%

18%

69%

69%

16%

14%

59%

51%

12%

11%

66%

61%

13%

18%

68%

67%

10%

10%

LEISURE

MEDIA MANUFACTURING

PHARMA/MEDICAL

SHIPPING &

TRANSPORT

PROPERTY

RETAIL

TECHNOLOGY

- HARDWARE

SERVICES

TECHNOLOGY

- SOFTWARE



EASTERN EUROPE






39%

18%

12%

15%

67%

50%

33%

33%

71%

69%

40%

31%

PHARMA/MEDICAL

AUTOMOTIVE

S

FMCG

Romania Key Sectors

17%

33%

17%

17%

RETAIL

50%

50%

17%

0%

TECHNOLOGY

- SOFTWARE



EASTERN EUROPE






58%

71%

25%

21%

81%

74%

33%

33%

71%

48%

38%

29%

77%

69%

38%

12%

59%

56%

31%

34%

82%

80%

48%

49%

47%

83%

42%

47%

FMCG CONSTRUCTION

BANKING & FINANCIAL

SERVICES

MANUFACTURING

RETAIL PHARMA/MEDICAL

SHIPPING &

TRANSPORT

Russia & CIS – All Nations Key Sectors





Middle East & Gulf Region Europe Are you currently hiring at managerial/professional level?




Middle East & Gulf Region (Kuwait, Oman, Qatar, Saudi Arabia) UAE

67% 67%

28%19%

Despite recent unrest in the region, the overall

employment situation has improved the last Snapshot.

Current hiring levels have exceeded the expectations of

last quarter, where only 46% of businesses intended to

take on managerial and professional staff, 67% of

businesses are currently hiring, 21% more than

predicted. Firing levels are up marginally, indicating all

round movement in the region’s employment markets.

59%68%

16%11%

Taking a closer look at the United Arab Emirates, hiring

levels have risen to the highest percentages for a year,

and look set to continue to rise as 68% of the surveyed

employers intend to take on professional and managerial

staff in the coming three months. Current firing levels are

up by 6% on last quarter but this is in line with the general

trend of movement in the Middle East and Gulf region

overall.



MIDDLE EAST & GULF REGION


Middle East & Gulf Key Sectors Are you currently hiring at managerial/professional level?




74%

63%

26%

4%

71%

86%

43%

71%

58%

75%

50%

8%

75%

88%

38%

25%

45%

55%

18%

0%

49%

98%

1%

26%

86%

91%

11%

10%

49%

76%

1%

26%

84%

60%

30%

26%

CONSTRUCTION ENERGY & RENEWABLE

FMCG

RETAIL

SHIPPING &

TRANSPORT

MANUFACTURING

TECHNOLOGY

- HARDWARE

TECHNOLOGY

- SOFTWARE

ELECTRONIC

Middle East – All Nations Key Sectors





Africa

Are you currently hiring at managerial/professional level?




Egypt

South Africa

61%67%

28%22%

Despite the recent political unrest, the Egyptian job market

has remained strong. Last quarter, 65% of employers

intended to hire and Egypt has fallen short of this

prediction by just 4% - an impressive feat considering the

uncertainty of the political situation. Hiring levels look set

to improve over the next three months, with 67% of the

businesses questioned intending to take on new staff.

56% 57%

11% 8%

While current hiring levels are down by 10% on last

quarter, the percentage of businesses shedding staff has

also dropped by 6% to 11%, and looks set to fall further to

8% in the next three months. This indicates a rightsizing

of the jobs market in South Africa.



AFRICA


Africa Key Sectors Are you currently hiring at managerial/professional level?




South Africa Key Sectors

68%

65%

33%

34%

71%

86%

14%

14%

56%

38%

13%

13%

AUTOMOTIVE

ACCOUNTANCY

74%

63%

5%

0%

48%

64%

6%

3%

33%

67%

17%

17%

43%

86%

14%

0%

40%

43%

31%

29%

42%

55%

19%

8%

67%

59%

16%

9%

60%

57%

9%

10%

81%

59%

0%

19%

51%

55%

7%

4%

67%

50%

17%

0%

46%

54%

5%

6%

63%

64%

3%

1%

CONSTRUCTION COMMUNICATIONS

BANKING & FINANCIAL

SERVICES

ENGINEERING

ENERGY & RENEWABLE

ELECTRONIC

MEDIA MANUFACTURING

FMCG

RETAIL

PHARMA/MEDICAL

SHIPPING &

TRANSPORT

TECHNOLOGY

- HARDWARE

72%

70%

8%

7%

TECHNOLOGY

- SOFTWARE

AEROSPACE





Asia & Indian Subcontinent

Are you currently hiring at managerial/professional level?




China India

Philippines

70% 72%

17% 19%

The Chinese jobs market has been consistently strong.

Current hiring levels are up from 66% last quarter and are

predicted to rise to 72% in the coming three months.

Meanwhile, the percentage of organisations currently

letting managerial and professional staff go has fallen

marginally to 17%, 3% lower than projected last quarter.

69%80%

17% 20%

98% 96%

3% 4%

The Philippines boasts the highest current hiring levels in

the world and one of the lowest percentages of companies

letting go of managerial and professional staff. The hiring

boom looks set to continue into the coming quarter, with

96% of businesses looking to take on new hires, and just

4% intending to shed employees.

29% 32%

11% 11%

Singapore

Indian hiring levels have remained consistent, while

current firing levels have dropped by 6% since last

quarter. While 69% of organisations are currently taking

on staff, this figure looks set to rise yet again to 80% over

the next three months.

Hiring levels have fallen slightly, but the overall picture in

Singapore has remained consistent, with the situation set

to improve in the coming three months as more

businesses intend to take on new staff. As hiring activity

has remained steady across the board, it indicates that

jobs are being retained and the employment market is

steadying.



ASIA & INDIAN SUBCONTINENT


Asia & Indian Subcontinent Key Sectors Are you currently hiring at managerial/professional level?




69%

70%

11%

16%

China Key Sectors

75%

78%

13%

19%

71%

72%

24%

22%

81%

69%

31%

13%

77%

90%

36%

38%

62%

62%

19%

18%

71%

70%

10%

11%

62%

65%

13%

11%

72%

71%

16%

20%

65%

59%

12%

6%

AEROSPACE

AUTOMOTIVE

BANKING & FINANCIAL

SERVICES

CHEMICAL

CONSTRUCTION

EDUCATION

ELECTRONIC

ENGINEERING

ENERGY & RENEWABLES

FMCG





Asia & Indian Subcontinent Key Sectors Continued… Are you currently hiring at managerial/professional level?




69%

70%

13%

13%

China Key Sectors

71%

77%

18%

17%

76%

78%

13%

22%

74%

77%

17%

22%

78%

78%

17%

13%

68%

70%

19%

20%

75%

85%

15%

13%

79%

79%

15%

21%

57%

66%

20%

22%

77%

72%

14%

14%

HEALTHCARE

MANUFACTURING

MEDIA

PHARMA/MEDICAL

RETAIL

SERVICES

SOCIAL MEDIA

SHIPPING &

TRANSPORT

TECHNOLOGY

- HARDWARE

TECHNOLOGY

- SOFTWARE









78%

83%

30%

37%

80%

88%

13%

14%

99%

98%

23%

33%

82%

87%

7%

7%

38%

66%

12%

30%

67%

56%

7%

11%

61%

80%

59%

21%

86%

100%

29%

29%

71%

79%

13%

21%

AUTOMOTIVE

CONSTRUCTION

ENERGY & RENEWABLE

EDUCATION ELECTRONIC

BANKING & FINANCIAL

SERVICES

India Key Sectors

54%

62%

35%

27%

56%

81%

25%

19%

53%

79%

24%

16%

78%

89%

33%

22%

57%

71%

29%

57%

SHIPPING &

TRANSPORT

RETAIL

FMCG

MEDIA

MANUFACTURING

PHARMA/MEDICAL PROPERTY

CHEMICALS









34%

32%

16%

12%

83%

67%

17%

33%

13%

15%

10%

10%

52%

67%

19%

22%

10%

14%

19%

19%

40%

40%

20%

27%

46%

52%

9%

13%

22%

12%

11%

9%

25%

47%

8%

3%

35%

26%

0%

4%

AEROSPACE AUTOMOTIVE

COMMUNICATION

S

FMCG

ENERGY &

RENEWABLES

ENGINEERING

MANUFACTURING

BANKING & FINANCIAL

SERVICES

Singapore Key Sectors

27%

36%

0%

1%

38%

45%

4%

9%

16%

27%

18%

11%

TECHNOLOGY

- SOFTWARE

PHARMA/MEDICAL

LEISURE

ELECTRONIC

SHIPPING &

TRANSPORT





The Americas Are you currently hiring at managerial/professional level?




Argentina Brazil

Canada

73%

58%

23% 23%

At 73%, the percentage of organisations taking on

managerial and professional staff in Argentina is 6%

higher than last quarter’s prediction that 67% of

organisations would be hiring. 58% of businesses intend

to bring in new recruits in the coming three months, but as

hiring levels have shot up this quarter, this is just

indicative of the employment market rightsizing after a

hiring boom.

67% 70%

14% 14%

54%65%

35% 31%

There is currently a lot of movement happening in the

Canadian employment market. In the next three months,

hiring levels look set to increase to 65%, coinciding with

the fact that 35% of the organisations questioned are

currently shedding staff. This indicates that the

recruitment market in Canada is picking up and that there

will be new opportunities for managers and professionals

looking to take on a new role.

54% 52%

23% 21%

USA

Hiring levels in Brazil are down by 11% since last quarter,

but this matches the percentage of organisations

shedding staff as firing levels have dropped to just 14%.

Recruitment activity looks set to increase to 70% in the

next three months, while firing activity is predicted to stay

stagnant, an all-round positive picture for the Brazilian

employment market.

After a hiring boom last quarter, the percentage of

organisations bringing in professional and managerial staff

has dropped by 22%. However, last quarter 34% of

organisations predicted that they would be letting staff go -

the numbers that have materialised since have been

considerably lower, and just 23% of organisations are

shedding staff. This indicates a stabilising of the US

employment market.





Oceania Are you currently hiring at managerial/professional level?




Australia

61%56%

24%32%

Both hiring and firing levels are down slightly since last

quarter. The Australian jobs market looks relatively stable,

with a comparatively high figure of 56% of organisations

intending to take on staff in the next three months. Though

the employment market is slightly less active, Australia

has recently enjoyed high levels of hiring activity, which

may indicate that the market is rightsizing, with

organisations retaining staff.




THE CURRENT PICTURE

Winners and Losers – Regions

Asia recorded the highest level of hiring activity, with

64% of businesses in the region currently hiring

managerial and professional staff, and 66% intending to

do so in the coming quarter. The lowest percentage of

organisations shedding staff was in Africa, where just

12% of businesses are letting people go.

Western Europe maintains the lowest hiring levels, with

41% of businesses currently hiring and 39% of

organisations intending to do so, but this does

represent an increase from last quarter and the region

as a whole is still competitive within an increasingly

active market.

Winners and Losers – Sectors

Across the globe, the sectors with the highest levels of recruitment at managerial and professional level were:

1. Healthcare and Legal

2. Services and Education

3. Social Media

4. Technology – Hardware

5. Banking & Financial Services

The lowest was the chemical sector, with 31% of

organisations questioned currently hiring.

Global Snapshot – The Worldwide Picture

Are you currently hiring at managerial/professional level? – 52%

Are you currently letting people go at managerial/professional level? – 17%




THE OUTLOOK

Winners and losers – Regions

The overall hiring picture remains consistent since last quarter. 52% of organisations are planning to take on staff and 17% are planning to let staff go. These figures are in line with the current hiring picture, which was accurately predicted in January. The most active region looks likely to be the Middle East, with 68% of the surveyed organisations planning to hire in the next three months. In contrast, just 39% of businesses in Western Europe are looking to increase head counts.

Global Snapshot – The Worldwide Picture

Do you expect to hire at managerial/professional level over the coming quarter? – 52%

Do you expect to let people go at managerial/professional level over the coming quarter? – 17%




Conclusion

Continuing stability

Last quarter’s Snapshot indicated a long-anticipated return to stability in the global employment markets. The overall

results from this quarter were exactly as predicted in the last survey, with 52% of organisations worldwide taking on

staff and 17% reducing their head counts, suggesting a long-term stabilisation of the market.

However, while last quarter the Americas had overtaken the Asia-Pacific region in having the highest demand for

professionals and managers, the Asia-Pacific region recorded the highest level of hiring activity this quarter, with 64%

of businesses currently hiring. This indicates a continuing oscillation of economic power between the two

superpowers.

Western Europe continues to have the lowest hiring levels globally; however, the region still compares closely with

other regions worldwide and has shown increases in hiring levels since last quarter.

This quarter’s strongest hirer was the Philippines, with an astounding 98% of employers currently hiring, coupled with

one of the lowest firing figures worldwide.

Although the overall results do not differ significantly from last quarter’s figures, the stability that this demonstrates is

reassuring and validates predictions and analysis from the last Global Snapshot.

Antal International would like to thank all respondents for their participation in this edition of the Antal Global

Snapshot, as a result €9757 was donated to the Antal Charitable Foundation, our charity which supports Chance UK,

Duke of Edinburgh's Award, Antal Force4Good, the Akanksha Foundation and other charities.

Contact

If you would like any further information about material included in this report or would like to reserve a copy of the

next ‘Global Snapshot’, contact Eliza Sharp at [email protected] or your local Antal office – see www.antal.com for

more details.

Eliza Sharp

Antal International

64 Baker Street

London

W1U 7GB

Tel: +44 (0)207 467 2520

Fax: +44 (0)207 467 2521

Email: [email protected]

www.antal.com


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Antal Global Snapshot 09

Business

Transcript of Antal Global Snapshot 09