Antal Global Snapshot

Edition 10 - December 2011
snapshot.antal.com

ANTAL GLOBAL
SNAPSHOT
A survey of hiring and firing trends in key
employment markets around the world.

THE ‘ANTAL GLOBAL SNAPSHOT’

Contents

Introduction Key Sectors

Introduction - Page 1 Western Europe
Western Europe Overview - Page 18 & 19
Germany - Page 20 & 21
Local Picture Italy - Page 22 & 23
Netherlands - Page 23 & 24
Western Europe Nordics - Page 25
Austria, Belgium, Denmark & Finland - Page 2 Spain - Page 26 & 27
France, Germany, Greece & Ireland - Page 3 United Kingdom - Page 28
Italy, Luxembourg, Malta & Netherlands - Page 4
Norway, Portugal, Spain & Sweden - Page 5 Eastern Europe & Eurasia
Switzerland & United Kingdom - Page 6 Eastern Europe & Eurasia Overview - Page 29 & 30
Poland - Page 31 & 32
Eastern Europe & Eurasia Romania - Page 33
Bulgaria, Croatia, Czech Republic & Hungary - Page 7
Poland, Romania, Russia & Turkey - Page 8 Middle East
Israel - Page 9 Middle East Overview - Page 34 & 35

Middle East Africa
Bahrain, Kuwait, Oman & Qatar - Page 10 Africa Overview - Page 36 & 37
Saudi Arabia & United Arab Emirates - Page 11
Asia Pacific
Africa Asia Pacific Overview - Page 38 & 39
Egypt, Ghana, Nigeria & South Africa - Page 12 China - Page 40 & 41
India - Page 42
Asia Pacific Singapore - Page 43
Australia, China, India & Japan - Page 13
Malaysia, New Zealand, Philippines & Singapore - Page 14 The Americas
Vietnam - Page 15 The Americas Overview - Page 44 & 45

The Americas
Argentina, Brazil, Canada & Chile - Page 16 Disciplines and Functions
Mexico & United States of America - Page 17
Western Europe - Page 46
Eastern Europe & Eurasia - Page 47
Middle East - Page 48
Africa - Page 49
Asia Pacific - Page 50
The Americas - Page 51

Conclusions

Winners & Losers – Page 52 & 53
Conclusion - Page 54

Antal Global Snapshot | Edition 10 - December 2011 www.snapshot.antal.com


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 tenth report in the series is
based upon material sourced from nearly 20,000 businesses in commerce, industry and the financial services sector
in 52 key 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 over 100 offices in more than 30 countries
and works with many of the world's most successful and ambitious employers.

Methodology
This edition of the 'Antal Global Snapshot' is based upon survey forms and telephone interviews completed by line
and HR Managers in 19376 companies, professional partnerships and financial institutions across 52 countries in
October and November 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 guaranteed anonymity to encourage
open and honest answers.

Antal Global Snapshot | Edition 10 - December 2011 Page 1 www.snapshot.antal.com

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

60% 61%
47% 43%
23% 26%
19% 19%

Following a generally low level of recruitment last quarter, The level of hiring at the managerial and professional level
the number of Austrian organisations currently hiring has has risen since last quarter by 5%, surpassing the
increased far beyond expectations. 47% of companies are expected 57%. The percentage of Belgium businesses
now taking on staff at a managerial level, in comparison to firing staff has also fallen by 2% in this time to 23%. This
the predicted 17%. This is expected to remain relatively indicates a modest but positive growth for the Belgium
stable at 43% next quarter. The percentage of companies employment market this quarter. In the following few
letting staff go has slightly increased this quarter from months, more employees are expected to be let go, but
14% to 19% but no further increases are expected in the the increase in hiring rates is set to continue.
next three months.

Denmark Finland

64% 61%
53% 57%

36% 38% 36%
32%

The percentage of companies recruiting staff currently At present, there is a high level of activity in Finland’s job
stands at 53% in Denmark, while the country’s firing rates market in comparison to some of its Western European
lie at a comparatively high 36%, in relation to the neighbours. Currently, 61% of companies are hiring at a
surrounding region. Recruitment rates are expected to managerial/ professional level, while 32% of businesses
improve quite significantly over the next three months, are letting employees go. The following three months are
however. Next quarter’s hiring rates are expected to reach set to see these figures remaining relatively stable; though
highs of 64%, indicating a positive outlook for those a modest and equivalent rise in firing rates and fall in
seeking employment. The percentage of organisations employment activity is expected to occur.
looking to shed staff is set to remain relatively consistent
during this period, with a small increase of just 2%.



Western Europe Continued...stern Western Europe

France Germany

54% 52%

28% 33%
27% 25%
7% 7%

The level of recruitment in France has fallen this quarter, Consistent with figures from the last six months, the level
after a slight but consistent increase over the previous six of hiring and firing in German companies has remained
months. Hiring rates did not stabilize at 59% as predicted reasonably stable this quarter. The percentage of
last quarter and now stand at 54%. However, the level of businesses recruiting managerial and professional staff
staff being let go within French companies is also at a has steadied at 33%, despite expectations this figure
lower level than expected and this trend is set to continue would drop to 28%. Once again, the numbers of
over the next three months. This quarter, firing rates have companies letting staff go, or intending to do so in the next
fallen from 38% to 28%, indicating more employees are quarter, remains low at just 7%. These figures indicate a
retaining their jobs. stable employment market in Germany irrespective of the
difficulties some Western European countries may be
having with the Euro.

Greece Ireland

60% 60% 62%
56%
38%
30% 32%
26%

Given its highly uncertain situation, there is a lot of activity Irish businesses are experiencing one of the highest
in Greece’s job market at present. Currently, a quite levels of recruitment at the managerial/ professional level
substantial percentage of Greek businesses are hiring at across Western Europe. Currently, 62% of companies are
the managerial/ professional level. This is set to remain at hiring, though this is expected to decrease slightly in the
60% over the coming three months. On the other side, coming quarter. Similarly, Ireland’s figures denote it
firing activity is understandably high within Greek currently has one of the highest instances of companies
businesses, standing at 38% this quarter. The good news letting staff go - standing at a significant 32%. More
for the Greek employment market is that firing rates are companies are set to retain staff over the next three
predicted to drop over the coming months by 8%. month, however, indicating a more stable employment
market to follow.



Western Europe Continued...

Italy Luxembourg

69%
62%
42% 44% 41% 41%

11% 13%

Italy’s hiring rates have dipped somewhat in comparison Luxembourg has experienced a second boom in its hiring
to the last quarter. Currently, 42% of companies are activity this quarter, giving this country the second highest
recruiting staff; lower than the expected 46%. However, figures for recruitment in Western Europe. Though smaller
the percentage of businesses shedding staff has also than the one six months ago, there has been a significant
fallen to a figure lower than predicted. This stands at just increase in the number of organisations recruiting at a
11% rather than 14%, indicating more employees are managerial/ professional level - jumping from 54% to an
maintaining their jobs in Italy at present and due in part to impressive 69%. Firing rates have not decreased as much
the issues companies face in reducing headcount. as expected this quarter but are predicted to remain at a
steady, if not relatively high, figure of 41% over the next
three months.

Malta Netherlands

82%
64%
47%
40% 38% 37%
27% 27%

Malta currently has the highest level of hiring activity in Following the considerable success of the employment
Western Europe with an impressive 82% of organisations market in the previous quarter, the level of hiring in the
recruiting this quarter. Though this is set to fall over the Netherlands has fallen by 9% this quarter to 40%. This
next three months, hiring rates are expected to remain does, however, remain higher than the low of 34% seen
comparatively high at 64%. The percentage of companies six months ago and is expected to improve in the coming
shedding staff in Malta is also notably high, with respect to three months. The percentage of companies either letting
its Western European neighbours. This is set to remain at staff go or expecting to has risen considerably this quarter
27% in the next quarter, indicating a relatively high from 28% to 38%, indicating a high turnover of staff which
turnover in the Maltese employment market. could result in an equally higher figure for recruitment in
the next quarter.




Norway Portugal

68%
62%

35% 38% 38%
22% 23% 26%

The Norwegian employment market is currently seeing a Portugal has experienced a relatively successful quarter
lot of activity in both hiring and firing rate. Norway has one for the employment market. Despite its overall economic
of the highest levels of recruitment at the professional problems, the level of hiring at a managerial or
level for the region, placed at 68% at the moment and professional level has increased by a significant 10%;
62% over the coming three months. On the other side, the while the percentage of companies letting staff go has
percentage of companies letting staff go is also relatively dropped by 7% to 23%. Though this is set to rise slightly
significant. 35% of Norwegian organisations are currently to 26% in the next three months, hiring activity in Portugal
shedding employees, signifying a high turnover rates in is expected to remain at 38%, indicating a possible end to
this country’s job markets. This is set to drop quite the overall downward trend seen in recruitment over the
substantially over the next three months to 22%. last three quarters and a more positive outlook for the
coming months.

Spain Sweden

68% 64%

27% 27% 28% 26%
18% 18%

The levels of recruitment and cuts to staff have been less Sweden boasts high rates of activity for both recruitment
steady in Spain this quarter, compared to the prior six and job loss markets in the wider context of Western
months. The percentage of businesses hiring and looking Europe. 68% of businesses are hiring at present, with a
to hire at a managerial/ professional level has dropped to drop of only 4% over the next three months. The number
27%. This, however, is paralleled by an equivalent of businesses letting staff go, or looking to do so, is
reduction in companies letting staff go, indicating Spanish expected to remain relatively stable during this time.
companies may be retaining their staff in a similar fashion Current firing rates stand at 28%, with these varying only
to many of their Western European neighbours. 2% over the next quarter to 26%. This indicates the
condition of Sweden’s employment market is set to stay
more or less consistent in the near future.




Switzerland United Kingdom

58%
45% 48%
40%
24% 23%
13% 13%

The percentage of Swiss companies employing The United Kingdom’s figures show a marked dip in hiring
managerial and professional staff has recovered levels from last quarter. The percentage of organisations
significantly since last quarter. Despite an expected drop currently hiring has fallen by 13% to 48%. This trend,
of 4% in employment rates, hiring activity has gone up by however, is expected to end and employment rates are
12% this quarter to 45%. At the same time, the number of set to improve once more over the next three months.
businesses currently shedding staff remains consistently Firing levels are also down on last quarter’s findings,
low at 13% - just a 2% increase from last quarter. This is returning to the 24% seen six months ago. As in much of
expected to stabilize in the coming three months, Western Europe, therefore, companies in the United
indicating a strong level of stability for Swiss employees. Kingdom seem to be retaining their staff at the
professional and managerial level.



Eastern Europe & Eurasia

Bulgaria Croatia

48% 46%
38% 38%
26%
19% 15%
13%

The levels of hiring in Bulgaria have dipped this quarter, After a brief peak in hiring activity at the managerial/
following the highs of 54% witnessed in the last Snapshot. professional level last quarter, the Croatian employment
Recruitment activity currently stands at 48%, 6% lower market has returned to a similar state as seen in March’s
than in July but still above that of the quarter before. The Snapshot. This is expected to remain stable at 38% over
percentage of businesses shedding staff in Bulgaria has the following few months. The number of companies
risen slightly to 26%, indicating a relatively high staff letting staff go has risen slightly this quarter, but remains
turnover. The next three months, however, look more consistently low at just 13%- the lowest figure for the
positive with this figure expected to fall to just 19%. region. This indicates Croatian companies are retaining
the majority of staff employed in last quarter’s boom.

Czech Republic Hungary

65%
53%
39%
27% 29%
23% 23%
17%

The Czech Republic has experienced a considerably The hiring figures for Hungary have fallen slightly this
more successful quarter in comparison to the last quarter to 39%, despite expectations that the previous
snapshot taken in July. The percentage of organisations positive trend would continue. A greater number of
recruiting staff has jumped from less than half to a high of Hungarian companies are still recruiting at a managerial
65%. Firing rates have also decreased considerably this level than back in March however. The level of businesses
quarter from 43% to 23%, pointing to a much higher currently cutting staff has increased over the last six
retention rate of staff within Czech businesses. This months from just 6% to 29%. This is expected to plummet
promising reduction in firing rates is expected to continue quite dramatically over the coming months though,
for the next three months. indicating a greater level of stability in the employment
market than experienced recently.



Eastern Europe & Eurasia Continued...

Poland Romania

57% 57% 53%
49%

26% 24%
15% 15%

The level of hiring at a managerial and professional level The percentage of Romanian businesses recruiting at a
in Poland has continued to exceed expectations this managerial and professional level has taken a positive
quarter. Despite a predicted fall of 8% since July’s turn this quarter, despite being expected to fall below
Snapshot, the number of organisations recruiting staff has 50%. Hiring activity in Romania has once again risen to a
risen once again to 57%. Firing rates have seen a modest high of 57% - last seen back in March’s snapshot. The
yet similar increase over the past six months but this is set numbers of companies letting staff go, or looking to do so,
to stabilize during the following three months. has risen modestly but is set to take a downward turn next
Expectations for this figure currently stand at 15%; one of quarter.
the lowest rates of firing for the region.

Russia Turkey

74%
67% 63% 60%

33% 29% 28%
17%

Russia’s hiring figures have remained relatively consistent Turkey’s employment figures this quarter indicate the
with July’s Snapshot this quarter, giving Russia one of the percentage of companies hiring at a managerial/
highest employment rates for the region. 67% of professional level has increased yet again, though by a
businesses are currently recruiting new staff, 1% up on more modest 3% in comparison to the previous quarter’s
last quarter’s figures. On the other hand, firing rates have 16%. Like many of its Eastern European and Eurasian
also remained more or less stable this quarter, falling neighbours, the level of organisations shedding staff in
marginally by 1% to 33%. Over the next few months we Turkey has also increased this quarter from 21% to 28%.
should see this figure drop by a further 4% though, Firing rates are expected to fall quite dramatically next
indicating more employees are retaining their jobs. quarter though to 17%, indicating a significant increase in
stability for Turkey’s employment market in the near
future.



Eastern Europe & Eurasia Continued...

Israel

59%
44% 41%
39%

We are witnessing a lot of activity in Israel’s employment
market at present. 59% of companies are currently taking
on staff at a managerial/ professional level; though this is
expected to drop quite substantially over the next few
months to 44%. However the percentage of businesses
shedding staff, or looking to do so, is also comparatively
high for the region. This indicates a high level of turnover
in Israel’s job market now and for the next few months.



Middle East

Bahrain Kuwait

61% 59%
52% 53%
48%
35% 35%
29%

At 52%, hiring activity in Bahrain is comparatively low in The level of companies in Kuwait hiring managerial and
relation to the surrounding region. This is expected to professional staff is quite low in relation to some of the
improve over the next three months, however, rising to surrounding countries in the area. 53% of organisations
61%. Equally, Bahrain’s firing activity is quite considerably are taking staff on, but this is expected to improve over
greater than most of its neighbouring countries, currently the next few months by 6%. The rate of turnover in the
standing at 35%. This indicates there is a high turnover of employment market is set to increase in the following
jobs in Bahrain at the moment, which is predicted to quarter in parallel with the rate of hiring. The good news is
increase further to 48% during the following quarter. that this increase also stands at 6% so the size of the job
market should remain stable for the near future.

Oman Qatar

77%
70% 69%
65%

26% 30%
14% 15%

There is currently a high level of activity within Oman’s job Evidence continues to build for Qatar’s ‘2030 Vision’ this
market. A reasonably high 70% of companies are quarter. The percentage of businesses hiring at a
recruiting staff this quarter, though this is still less than managerial/ professional level has risen by 4% to 77%,
some countries for this region. The percentage of giving Qatar the highest rate of employment in the region.
organisations in Oman currently shedding managerial/ Firing rates in Qatar are also quite modest - currently
professional employees is higher than some of its standing at 14%. This is just 1% higher than in March,
neighbours. 26% of companies are cutting staff with an indicating a good level of stability in Qatar’s employment
expected 4% rise over the next three months. market for now.



Middle East Continued...

Saudi Arabia United Arab Emirates

73% 73%
62% 58%

19%
10% 11% 11%

Saudi Arabia’s hiring activity has remained high this The percentage of companies in the United Arab Emirates
quarter after a significant recruitment boom back in March. recruiting staff this quarter has once again risen to a new
At 73%, hiring rates have fallen just 3% since March, 2% high. At 62%, current hiring activity has fallen short of
less than the predicted decrease. Saudi Arabia also has expectations, but has still improved by 3% on July’s
the lowest rate of firing for the region of just 10%. This is Snapshot. Firing rates have also fallen by 5% this quarter
expected to rise over the next few months, but remain and are set to remain at a modest 11% over the following
below 20%. few months.



Africa

Egypt Ghana

64% 61% 62%
45% 46%
34% 31%
23%

In spite of the country’s continued political unrest, hiring As predicted, following a significant hiring boom shown in
levels in Egypt have increased this quarter. Current March’s Snapshot; Ghana’s hiring rates have fallen to
recruitment rates stand at 64%, only 3% lower than July’s 46% this quarter. The good news, however, is that this is
expectations. After a low of just 15% quoted in March’s still 5% higher than recruitment levels before the boom
Snapshot, job losses have returned to figures closer to and is expected to increase quite dramatically again over
those seen nine months ago. This quarter, 34% of the next three months to 62%. The percentage of
companies are shedding staff, only 2% higher than the organisations letting staff go, or intending to do so, has
end of last year. Firing levels are expected to increase also increased over the last six months. Firing rates this
quite significantly over the next few months - perhaps quarter currently stand at 23%, however - 5% lower than
understandably given the ongoing uncertainty within the last September/ October prior to the boom.
country.

Nigeria South Africa

73% 73%
68% 67%

33%
27%
16% 18%

The level of Nigerian companies hiring at a managerial/ Following the relative lack of activity in South Africa’s job
professional level has risen by a significant 15% this market last quarter, the percentage of businesses hiring
quarter. Recruitment rates currently lie at 73% - the staff has increased considerably from 56% to 68% and
highest in Africa at present, with this figure expected to hiring rates are expected to remain stable over the coming
remain steady over the next three months. The quarter. The number of South African companies letting
percentage of businesses shedding employees has also staff go has also increased this quarter but remains
increased over the last six months in parallel with hiring relatively modest at 16%, indicating reasonable stability in
activity. This, however, has been to a lesser extent, the South African employment market in the near future.
leaving current Nigeria’s current firing rates at 27%.



Asia Pacific

Australia China

73% 67% 68%
67%

31% 29%
17% 15%

Australia has seen a jump in the number of companies China’s employment market continues to remain strong
recruiting professionals and managers this quarter. this quarter. The percentage of organisations hiring at a
Despite a prediction of 56% in July’s Snapshot that managerial and professional level has fallen marginally
indicated the employment market would continue on its from 70% to 67%, but is set to remain more or less
downward trend, hiring rates have risen quite significantly consistent at 68% over the following three months. Firing
to 73%. The percentage of organisations letting levels have also remained steady since July at 17% and
employees go has risen as expected to 31%. This are expected to drop to 15% in the next quarter. This
increase, however, remains smaller than the increase in indicates an ongoing higher level of stability in the
hiring levels, indicating that the Australian job market is Chinese job market so far this year.
continuing to rightsize.

India Japan

72% 75% 75%
65%

21% 23% 23%
14%

Similar to most of its fellow BRICS countries, India’s Despite a further 10% reduction in hiring expected this
current hiring figures remain relatively high in this quarter, the percentage of Japanese companies recruiting
quarter’s Snapshot. The percentage of Indian companies at a managerial level has actually risen significantly to
currently recruiting has risen 3% to 72%, with a further 3% 75%. It remains to be seen whether the projected 10% fall
increase expected over the next three months. The level occurs over the next three months. The level of
of businesses letting staff go has gone up to 21% at organisations shedding staff, or looking to do so, has
present, but still remains lower than the firing rates increased marginally by 2% this quarter. This, however, is
experienced back in March. This figure is expected to substantially less than the rise seen in hiring, signally
drop to just 14% over the following few months, signifying positive prospects for the Japanese market.
an increase in job security for the near future.



Asia Pacific Continued...

Malaysia New Zealand

67%
55% 56%
51%
33%
28%
11% 15%

Counter to the expectations made in March, the situation As with its neighbour, Australia, New Zealand’s hiring
of Malaysia’s employment market has taken a positive levels have not followed the expected trend quoted in
turn. Rather than falling to just 31% this quarter, the March’s Snapshot. Rather than falling to 42% this quarter,
percentage of organisations recruiting staff has risen to the percentage of organisations recruiting staff has risen
55%. This is predicted to remain above the halfway mark by 6% to 56%. This increase is set to continue over the
for the next three months. On top of this, present firing next few months to a relatively high 67%. New Zealand’s
rates are down this quarter, to just 11%, and are expected firing activity has risen by 3%, but to a much lower degree
to remain reasonably modest at 15% for the next few than the expected 33%. This signifies a more positive
months. situation than expected for New Zealand’s employment
market at present.

Philippines Singapore

98% 98%

44% 45%

12% 11%
2% 2%

The Philippines job market has had a remarkable year so The level of companies recruiting new staff has improved
far. Continuing on from July’s Snapshot, this country this quarter by 15%. Hiring levels currently stand at 44%
boasts the highest recruitment and lowest firing rates in and are set to increase slightly over the following few
the world. This quarter, the previous Snapshot’s months by 1%. On the other side, the percentage of
expectations have again been exceeded, with 98% of businesses letting staff go has risen 1%, but promises to
companies currently hiring at a managerial/ professional return to 11% for the next quarter. Overall, the next three
level and just 2% shedding staff. This positive picture is months promise to see Singapore’s job market making
set to remain stable over the next three months. modest, but positive, improvements.



Asia Pacific Continued...

Vietnam

50% 50%

20%
10%

At present, Vietnam has quite low levels of both hiring and
firing activity in relation to the surrounding region. Half of
companies are currently taking on managerial/
professional staff this quarter and expect to continue in
the same manner over the following few months. There is
a high level of security for those employed in Vietnam with
only 10% of businesses shedding employees at the
moment. This is expected to rise to 20% next quarter, but
still indicates a relatively stable situation within the
Vietnamese job market.



The Americas

Argentina Brazil

65% 63% 65%
56%

30% 33%
26% 26%

Hiring levels in Argentina have fallen following the recent The number of Brazilian companies hiring at a managerial
hiring boom, but remain 7% higher than predicted at 65%. level did not rise as expected this quarter but remains
This figure is set to drop marginally to 63% next quarter, relatively steady, lowering by just 2%. Next quarter,
but indicates that the job market is rightsizing and however, is predicted to be less positive as hiring levels
becoming steadier. The number of Argentinean are expected to drop a further 9% to 56%. After a
businesses shedding staff has risen this quarter and significant dip in firing levels back in July’s Snapshot, the
currently stands at 30%. This again, though, is expected percentage of organisations shedding employees, or
given the recent hiring boom. looking to do so, has returned to the mid-twenties for this
quarter. This is set to remain stable over the next three
months though, at 26%.

Canada Chile

66% 66%
60% 58%

31% 29%
22% 22%

Canada’s figures show it has been a good few months The state of Chile’s job market presents a similar story to
within the employment market. Hiring levels have that of its fellow American countries. At present, 60% of
surpassed expectations to 66% and promise to remain companies are recruiting staff, with a comparable 58%
stable over the coming quarter. The percentage of expecting to do so over the next quarter. Firing rates are
businesses cutting staff has also fallen by more than set at the higher end of the scale for the Americas-
expected to just 22%, in comparison to the predicted 31%. currently standing at 31%. These are expected to fall
These figures are set to continue over the coming three slightly in the next few months, bringing the number of
months, indicating more stability for the Canadian jobs companies making staff cuts below 30%, to 29%.
market for the near future.



The Americas Continued...

Mexico United States of America

59% 58% 53%
51%

25% 24% 26% 26%

The percentage of companies recruiting staff has fallen The employment market in the USA has remained more
again this quarter, after picking up briefly in March. or less stable this quarter, after the fluctuation in hiring
Current hiring activity stands at 59%, a considerable drop seen back in March’s Snapshot. Recruitment rates have
from 76% in March, but still higher than that experienced lowered slightly by 3% to 51%, but are thought to return to
the quarter before at 52%. As expected, job losses have 53% over the next few months. Similarly, the percentage
increased from a low of just 14% to 25%. This is most of businesses letting staff go has risen marginally by 3%,
likely a result of March’s hiring boom and promises to but is expected to remain steady for the coming quarter.
remain stable over the next few months, indicating more
security for those already employed.


WESTERN EUROPE
Detailed examination of key markets

Western Europe - Key Sectors


Currently Hiring Expecting to Hire

Accountancy 40% Accountancy 44%
Agriculture 23% Agriculture 31%
Automotive & Aerospace 40% Automotive & Aerospace 36%
Banking 35% Banking 37%
Chemicals 23% Chemicals 18%
Construction & Engineering 29% Construction & Engineering 26%
Consumer Goods 23% Consumer Goods 16%
E-Commerce & Social Media 49% E-Commerce & Social Media 42%
Electronics 30% Electronics 24%
Energy - Oil & Gas 41% Energy - Oil & Gas 41%
Energy - Renewables 34% Energy - Renewables 42%
Fashion 50% Fashion 48%
FMCG 33% FMCG 24%
Insurance 35% Insurance 38%
Legal 27% Legal 26%
Leisure 38% Leisure 33%
Logistics 33% Logistics 36%
Luxury Goods 38% Luxury Goods 19%
Manufacturing 41% Manufacturing 38%
Media 34% Media 45%
Medical 26% Medical 26%
Mining 22% Mining 14%
Packaging 26% Packaging 26%
Pharmaceuticals 25% Pharmaceuticals 26%
Property 40% Property 33%
Public Sector (Governmental) 50% Public Sector (Governmental) 30%
Retail 32% Retail 32%
Technology - Hardware 42% Technology - Hardware 44%
Technology - Software 42% Technology - Software 48%
Telecommunications 51% Telecommunications 54%
Utilities 27% Utilities 42%


WESTERN EUROPE

Western Europe - Key Sectors Continued…


Currently Firing Expecting to Fire

FMCG 7% FMCG 8%
Legal 10% Legal 13%
Media 39% Media 38%
Retail 4% Retail 5%


WESTERN EUROPE

Western Europe Key Sectors Continued…

Germany Key Sectors

79% 54% 32%
63% 43% 32%
13% 5% 5%
13% 5% 11%
ACCOUNTANCY AUTOMOTIVE & AEROSPACE BANKING

29% 18% 22%
18% 18% 10%
7% 6% 7%
4% 10% 7%
CONSTRUCTION
CHEMICALS CONSUMER GOODS
& ENGINEERING

60% 29% 78%
46% 28% 67%
13% 7% 19%
12% 6% 22%
E-COMMERCE &
ELECTRONICS ENERGY - OIL & GAS
SOCIAL MEDIA

29% 27% 28%
39% 12% 16%
21% 5% 4%
13% 5% 4%

ENERGY - RENEWABLES FASHION FMCG

28%
12%
16%
8%
LEISURE


WESTERN EUROPE


Germany Key Sectors

79% 54% 32%
63% 43% 32%
13% 5% 5%
13% 5% 11%
LOGISTICS LUXURY GOODS MANUFACTURING

29% 18% 22%
18% 18% 10%
7% 6% 7%
4% 10% 7%
MEDIA MEDICAL MINING

60% 29% 78%
46% 28% 67%
13% 7% 19%
12% 6% 22%

PACKAGING PHARMACEUTICALS RETAIL

29% 27% 28%
39% 12% 16%
21% 5% 4%
13% 5% 4%

TECHNOLOGY - HARDWARE TECHNOLOGY - SOFTWARE TELECOMMUNICATIONS


WESTERN EUROPE


Italy Key Sectors

84% 54% 26%
89% 62% 25%
26% 0% 6%
32% 0% 5%
ACCOUNTANCY AGRICULTURE AUTOMOTIVE & AEROSPACE

37% 36% 50%
39% 33% 35%
7% 21% 40%
10% 21% 45%
CONSTRUCTION
BANKING CHEMICAL
& ENGINEERING

18% 67% 41%
18% 57% 22%
18% 10% 7%
24% 5% 15%
E-COMMERCE &
CONSUMER GOODS ELECTRONICS
SOCIAL MEDIA

35% 48% 64%
44% 59% 70%
9% 15% 9%
12% 22% 9%

ENERGY - OIL & GAS ENERGY - RENEWABLES FASHION

60%
60%
18%
18%

FMCG


WESTERN EUROPE


Italy Key Sectors

45% 43% 43%
45% 39% 39%
8% 25% 25%
10% 18% 18%

INSURANCE LEISURE LOGISTICS

43% 32% 60%
57% 35% 70%
0% 13% 40%
0% 15% 30%
LUXURY GOODS MANUFACTURING MEDIA

57% 22% 38%
52% 6% 46%
9% 0% 7%
9% 0% 12%

MEDICAL MINING PHARMACEUTICALS

30% 57% 57%
32% 60% 57%
5% 29% 33%
6% 31% 29%

RETAIL TECHNOLOGY - SOFTWARE TELECOMMUNICATIONS


WESTERN EUROPE


Netherlands Key Sectors

38% 52% 43%
43% 48% 39%
43% 4% 35%
43% 9% 22%
E-COMMERCE &
ACCOUNTANCY BANKING
SOCIAL MEDIA

63% 55% 43%
50% 55% 43%
50% 18% 29%
50% 18% 43%

ELECTRONIC ENERGY - OIL & GAS FASHION

50% 57% 55%
65% 71% 64%
58% 29% 27%
50% 29% 36%

FMCG INSURANCE LEGAL

29% 57% 58%
38% 43% 63%
41% 29% 37%
44% 14% 37%
LOGISTICS LUXURY GOODS MANUFACTURING

32% 41% 41%
48% 35% 46%
46% 18% 26%
47% 12% 24%

MEDIA MEDICAL TECHNOLOGY - HARDWARE

40% 32%
50% 27%
42% 23%
40% 23%
TECHNOLOGY - SOFTWARE TELECOMMUNICATIONS

Antal Global Snapshot | Edition 10 - December 2011 Page24 www.snapshot.antal.com

WESTERN EUROPE


Nordic Key Sectors

60% 50% 43%
80% 75% 57%
40% 63% 0%
60% 50% 43%

ACCOUNTANCY AUTOMOTIVE & AEROSPACE CONSUMER GOODS

40% 100% 56%
40% 80% 78%
80% 40% 56%
60% 20% 44%

ELECTRONIC ENERGY - OIL & GAS MANUFACTURING

57% 73% 63%
57% 55% 63%
0% 27% 38%
14% 27% 50%

MEDICAL TECHNOLOGY - SOFTWARE TELECOMMUNICATIONS


WESTERN EUROPE


Spain Key Sectors

19% 24% 14%
23% 33% 14%
6% 15% 10%
8% 15% 17%
ACCOUNTANCY AUTOMOTIVE & AEROSPACE BANKING

15% 19% 27%
13% 23% 18%
9% 6% 15%
7% 8% 21%
CONSTRUCTION
CHEMICAL CONSUMER GOODS
& ENGINEERING

6% 18% 24%
13% 11% 24%
25% 29% 12%
13% 25% 16%
E-COMMERCE &
ELECTRONICS ENERGY - OIL & GAS
SOCIAL MEDIA

32% 36% 10%
32% 36% 17%
18% 17% 5%
29% 26% 7%

ENERGY - RENEWABLES FMCG INSURANCE

21%
16%
8%
10%

LEGAL


WESTERN EUROPE


Spain Key Sectors

47% 37% 33%
35% 39% 33%
12% 18% 35%
12% 13% 23%
LEISURE LOGISTICS MANUFACTURING

25% 22% 15%
8% 41% 0%
17% 18% 15%
0% 18% 8%
MEDIA MEDICAL MINING

25% 47% 38%
25% 50% 32%
0% 20% 26%
6% 17% 26%

PACKAGING PHARMACEUTICALS PROPERTY

28% 40% 54%
28% 34% 38%
11% 27% 15%
11% 29% 23%

TECHNOLOGY - HARDWARE TECHNOLOGY - SOFTWARE TELECOMMUNICATIONS

24%
29%
41%
29%

UTILITIES


WESTERN EUROPE


United Kingdom Key Sectors

50% 33% 40%
63% 67% 60%
13% 25% 20%
13% 25% 0%
AUTOMOTIVE & AEROSPACE BANKING CHEMICALS

17% 29% 50%
0% 43% 50%
33% 14% 25%
33% 43% 0%
CONSTRUCTION E-COMMERCE &
CONSUMER GOODS
& ENGINEERING SOCIAL MEDIA

60% 25% 78%
60% 25% 89%
40% 25% 56%
40% 25% 44%

ENERGY - OIL & GAS ENERGY - RENEWABLES FMCG

56% 56% 44%
56% 75% 56%
11% 31% 31%
11% 38% 25%
LEISURE MANUFACTURING MEDICAL

43% 75% 73%
57% 50% 82%
0% 0% 9%
0% 0% 9%

MINING PHARMACEUTICALS TECHNOLOGY - HARDWARE

47% 47%
53% 40%
30% 40%
27% 27%
TECHNOLOGY - SOFTWARE TELECOMMUNICATIONS


EASTERN EUROPE

Eastern Europe & Eurasia - Key Sectors


Currently Hiring Expecting to Hire

Education 67% Education 42%
FMCG 50% FMCG 42%
Legal 45% Legal 55%
Media 38% Media 34%
Retail 60% Retail 44%
Shared Services 68% Shared Services 51%


Antal Global Snapshot

Recomendados

Recomendados

Más contenido relacionado

Similar a Antal Global Snapshot

Similar a Antal Global Snapshot (12)

Antal Global Snapshot