Latest News  

Manpower: Slightly positive sentiment among employers for Q1 perspective

Good news for job seekers from Manpower, as hiring will keep its pace in the first quarter (Q1) of next year, with the net number of employers bringing an extra 1% pace* to the hiring sentiment, and a seasonally adjusted 12%, according to managers' estimations.

2015-12-08 15:58:41 - by Bogdan Tudorache

Employers in all regions of Romania and nine out of 10 industry sectors anticipate that a moderately optimistic hiring activity is likely to continue through January- March 2016, says the Manpower Employment Outlook Survey.

Therefore, job seekers can continue to expect a steady hiring pace in the January – March 2016 interval, according to the Q1/2016 edition of the Manpower Employment Outlook Survey, quoting 625 employers across eight regions and 10 industry sectors during October 14 – 27.

With 16% of employers indicating intentions to increase their payroll, 15% anticipating a decrease and 66% envisioning no change, the seasonally adjusted Net Employment Outlook stands at +12%, relatively stable when compared to the current quarter, and 2 percentage points stronger year-on-year.

"It's encouraging to see that last quarter's early signs of increased confidence are reinforced in Q1, and especially that the regional outlook is less uneven. Employer optimism is not as buoyant as in the previous three months across all industry sectors, which is to be expected given global interdependencies, but the continuation in 2016 of the double digit Net Employment Outlooks reported throughout 2015 gives us reason to hope that this is indeed the beginning of a trend toward sustainable job growth," says ManpowerGroup Romania's country manager, Valentin Petrof.

Staffing levels are forecast to grow in nine of the 10 industry sectors during the upcoming quarter.

The strongest Q1 hiring plans are reported in the Wholesale and Retail Trade sector, where more than 1 in 4 employers intend to add to their payrolls during the January – March 2016 interval. At +23%, the Net Employment Outlook in the sector is the strongest it has been since Q4/2012, and improves both quarter-over-quarter and years-over-year by 3, respectively 15 percentage points. More than 1 in 4 employers in the Manufacturing sector also expect to add to their payrolls in the coming months despite the outlook's moderate decline in comparison to the prior quarter.

Across eight of the 10 sectors, however, forecasts weaken by varying degrees over Q4/2015, with the steepest declines reported by employers in the Construction and Manufacturing sectors. The only negative Outlook, of -6%, continues to be reported in the Electricity, Gas and Water Supply sector, where employer intentions have only been positive once in almost three years.

From regional standpoint Outlooks are positive across the country, with employers in the Center and North-West regions being the country's most optimistic, for the second consecutive quarter. At +13%, the Net Employment Outlooks in these regions remain relatively stable compared to the previous quarter.

Elsewhere, the Outlook in the South-West region strengthens quarter-over quarter by 6 percentage points, reaching +9%, one of the most optimistic in the past almost four years, while the Outlook in the North-East region weakens over Q4/2015 by 9 percentage points, to stand at +4%, the least optimistic in the country.

Hiring perspectives continue to be positive in organizations of all size, with employers in large organizations one again reporting the most favorable hiring climate, with an Outlook of +16%, and employers in micro-organizations being the most cautious, with an Outlook of +2%.

"Hiring confidence is the engine that fuels the job growth Romania needs for economic development, and for retaining the talents companies operating locally need. Seeing confidence persist, and indeed grow in some industries, can only be positive, but it's worth noting that companies are quicker to make adjustments to their hiring than they were prior to the recession, and that in a changing environment they respond by changing as well," added Valentin Petrof.

*The Net Employment Outlook is derived by taking the percentage of employers anticipating an increase in hiring activity and subtracting from it the percentage of employers expecting to see a decrease.


0 COMMENTS ^ Go back to Top
WRITE A COMMENT ^ Go back to Top
 
Your email address will not be published.
Nickname
Email
Comment
Validation Code
   
 
 
NEWS
US company Visteon looks for software developers at Timisoara

Visteon, automotive supplier focused exclusively on cockpit electronics, it is setting up a new product development center in Timisoara, Romania. The company plans to build a team of 400 employees in Romania,

 Read Full article »
Gabriela Mechea takes over the helm of ANIS

The Software and Services Industry Employers Association ANIS appointed Gabriela Mechea as the organizations' executive director, replacing Valerica Dragomir who left the association after 17 years.

 Read Full article »
Poll: 2018 was hard for recruiting – 29 Interviews to one hire

Nearly nine out of ten companies had a tougher time finding suitable employees in 2018 compared with previous years, interviewing an average 29 candidates before hiring one person, a poll by HappyRecruiter show

 Read Full article »
CBRE maintains its market leader ranking with 24 per cent market share on the Bucharest-based office segment

In 2018, CBRE, the real estate consultant managed 24 per cent of the Bucharest-based office market, according to a release of the company.

 Read Full article »
Philippe Beucher takes a new opportunity outside Capgemini

After 5 years spent in Capgemini, Philippe Beucher, the Romanian company's branch CEO announced he decided to take another opportunity outside of the Group as of January 15th.

 Read Full article »
Amazon expands at Iasi with 5000 sqm of offices

At the end of 2020, the American company Amazon will rent an additional 5.000 sqm office spaces at Iasi, to amount over 18.000 sqm office space in Romania, according to sources in the real estate market and quo

 Read Full article »
Accelerator programme Legal Tech Hub Vienna to offer support for legal tech companies

The law firms Dorda, Eisenberger & Herzog, Herbst Kinsky, PHH, Schoenherr, SCWP Schindhelm and Wolf Theiss, today launched the Legal Tech Hub Vienna (LTH Vienna). The unique initiative, that brings together sev

 Read Full article »
Fusion and purchase market in Romania close to 2 billion euro in 2018

The fusion and purchase market in Romania came close to two billion Euro in 2018, according to an analysis made by Deloitte Romania, based on public sources and transactions made public.

 Read Full article »
DXC Technology to Acquire Leading Digital Innovator Luxoft

End-to-end IT services and solutions developer DXC Technology and Luxoft Holding announced a definitive agreement for DXC to acquire Luxoft, a global-scale digital innovator with differentiated offerings, deep

 Read Full article »
KPMG study: Big data needs a big re-think: consumers are more anxious, but businesses can restore trust with greater transparency

Global KPMG study of 25,000 consumers reveals that we are embracing new technology, but are concerned about the types of data held by businesses.

 Read Full article »
 
 
MOST READ ARTICLES
» The most appreciated companies from th...
» TELUS International Europe awarded Mos...
» Deloitte's Tech Trends 2019 report: B...
» Deloitte: Leadership disrupted: Pushin...
» Academic efforts to grow the employee ...
» Endava expands its IT team in Republic...
» Genpact named leader in global banking...
» Deloitte: Anxious millennials seek sta...
» Centric to double Iasi opps, leases 1,...
» TELUS International Europe: Enhancing ...
 
EDITOR CHOICE
Deloitte's Tech Trends 2019 report: Beyond the digital frontier

The recently released Deloitte's Tech Trends 2019: Beyond the digital frontier, as each Tech Trends report in the series conducted by the consultancy company, lobbies for embracing the increasing, often mind-b

 Read Full article »
KPMG study: Big data needs a big re-think: consumers are more anxious, but businesses can restore trust with greater transparency

Global KPMG study of 25,000 consumers reveals that we are embracing new technology, but are concerned about the types of data held by businesses.

 Read Full article »
Manpower: Romania's labor market, more prudent in the first quarter of 2019

More than two thirds (70 per cent) of employers in Romania anticipate no changes in the size of their payrolls in the first quarter (Q1) of 2019, the largest percentage in over two years, and this suggests the

 Read Full article »
Noni Jain, Wipro Europe: It is fundamental how you coach the employees and prepare them for the next level of an evolving organization

How do you attract and retain a globally-mobile workforce? What technologies do you need in your arsenal to get the most from the tech-savvy "Generation Y"? To drive innovation and attract and retain top talent

 Read Full article »
Ascentis: The top ten HR trends for 2019

Ascentis, specializing in in integrated Human Capital Management software published the main HR trends for 2019, findings resulted from the work together with their workforce and leadership strategist Eric Swen

 Read Full article »
Latest News  
 
about us | newsletter | contact | members area | GDPR policy
Copyright © 2015 by Diplomat Media Events Design by Diplomat Media Events