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
Logicom launched Cloud Marketplace platform in Romania

Logicom, one of the leading distributors of IT solutions and services and Microsoft Cloud Solution provider, announced the launch of Cloud Marketplace platform in Romania.

 Read Full article »
Excelian Luxoft Financial Services strengthens Its APAC presence with the acquisition of derivIT

Luxoft Holding, leading provider of software development services and innovative IT solutions to a global client base, announced that it has entered into a Share Purchase Agreement to acquire derivIT, a Singapo

 Read Full article »
SAP: Only four percent of companies offer customer experience based on contextual data to clients

According to latest findings of business and technology software solutions provider SAP conducted together with CMO Council, only four percent of companies offer real time customer experience based on contextua

 Read Full article »
Manpower: One out of three Romanian companies will hire people in second quarter, 2017

About a third of employers in Romania anticipate an increase of the number of employees in the second quarter of 2017, while only 7 per cent of company representatives foresee a drop of personnel, according to

 Read Full article »
Luxoft depicts top five global trends in software in 2017

According to the latest findings of software and It solutions provider Luxoft, transforming industries and business models within the context of accelerated innovation and strengthened disruptive technologies p

 Read Full article »
Oracle surpasses 9 billion US dollars worth revenues globally

Oracle Corporation announced fiscal 2017 Q3 results with total revenues up to 9.2 billion US dollars, a 2 per cent increase in US dollars and up 3 per cent increase in constant currency, the financial report st

 Read Full article »
Accenture Research: Three critical accelerators to closing the gender pay gap for class of 2020

Women graduating from university in developed markets in 2020 could be the first generation to close the gender pay gap in their professional lifetimes, according to new research from Accenture

 Read Full article »
CA Technologies positioned a leader for identity governance and administration

CA Technologies (NASDAQ:CA) has been positioned by Gartner, Inc., in the Leaders quadrant of the 2017 Gartner Magic Quadrant for Identity Governance and Administration (IGA).

 Read Full article »
SAP and Google announce co-innovation strategic partnership for global enterprises

During the Google Cloud Next '17 conference in San Francisco, the two companies announced the signing of a strategic co-innovation partnership between our two companies to help global enterprises run their busi

 Read Full article »
Voxpro opens office in Bucharest and hires 150 people

Multilingual business process outsourcing services provider Voxpro based in Cork, Ireland announced it would expand operations with a new office located in Bucharest where it plans to hire 150 people.

 Read Full article »
 
MOST RECENT VIDEO
 
 
MOST READ ARTICLES
» ROMANIAN OUTSOURCING AWARDS FOR EXCELL...
» Luxoft surged 40 per cent in 2015 – ...
» Exclusive OT print issue: Genpact may ...
» Manpower:Romania has world's third hig...
» SocGen's EBS division to grow 60%, exp...
» Bombardier: from Bucharest subway to t...
» People in Shared Services and Outsourc...
» Omnichannel: 4 pillars of a purposeful...
» Companies such as Endava and Fortech d...
» DB Global Technology: 40 per cent of t...
 
EDITOR CHOICE
TELUS International Europe: More proactive, personalized customer experience, thanks to the Internet of Things (IoT)

Industry research is apt to say we're on the cusp of a future full of "smart" devices — that is, billions of everyday items embedded with wireless internet connectivity

 Read Full article »
Romanian Outsourcing Summit: Focus on the added-value of business shared services in Romania

This year's edition of Romanian Outsourcing Summit joined representatives of the government and top representatives of leading companies operating in the sector of business shared services and related industrie

 Read Full article »
Romanian Outsourcing Summit reaches its third edition

OUTSOURCING TODAY, the integrated communication platform of the business services sector, powered by The Diplomat Bucharest, presents the Third Edition of the ROMANIAN OUTSOURCING SUMMIT on March 23rd 2017, at

 Read Full article »
The most critical Key Performance Indicator (KPI) in social media customer service

Measuring the impact that your social media interactions are having on your business — and your bottom line — can be a tricky endeavor. How can you really identify and quantify whether a particular social m

 Read Full article »
SAP employees to teach programming to scholars in Cluj-Napoca

Ten volunteers working for SAP company together with Cartea Daliei association will organize a Scratch programming teaching club to function at Emil Isac school based in Cluj-Napoca, the company announced.

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