Latest News  

More than 25% of Romanian employers report hiring intentions in Q2/2016

More than one of every four Romanian employers forecast payroll gains during the second quarter of 2016, says the Manpower Employment Outlook Survey.

2016-03-08 14:47:10 - by Bogdan Tudorache

With 26% of employers indicating intentions to increase their payroll, 7% anticipating a decrease and 66% envisioning no change, the seasonally adjusted Net Employment Outlook stands at +10%, relatively stable when compared to the current quarter, as well as year-over-year.

"Even after eliminating the seasonal variations that since 2013 have boosted employer optimism in the second quarter of the year, we are left with the clear picture of 23 consecutive quarters of positive hiring intentions, of which the past 5 have had relatively stable, double digit seasonally adjusted Net Employment Outlooks. The trend toward continuing job growth is by no means irreversible, but the current effects of employer optimism are making themselves felt, both in terms of number of opportunities for job seekers, as in terms of increased competition for talent," says Manpower Group Romania's Country Manager, Valentin Petrof.

Outlooks are positive across the country, with employers in the Bucharest & Ilfov, Center and South-West regions being the country's most optimistic, as evidenced by a Net Employment Outlook of +16%. In the Bucharest & Ilfov region, employers report the strongest forecast in almost 5 years, since Q3/2011, and the Net Employment Outlook strengthens by 7 percentage point both quarter-on-quarter and year-on-year. Similarly robust year-over-year improvements are reported by employees in the South-West region, where the Net Employment Outlook has strengthen to pre-recession levels for the first time in 7 years (since Q2/2008).

Only 2% of employers in the South-West report intentions to decrease their staff levels, the lowest percentage in the country. Employers in the North-West region continue to forecast an upbeat hiring pace, as shown by +14% Net Employment Outlook reported in the region, while employers in the North-East region are, for the second consecutive quarter, the least optimistic. The +4% Net Employment Outlook is 3 percentage points stronger than in Q1/2016, but decreases by a steep 27 percentage points over Q2/2015.

Payrolls are forecast to grow in nine of the 10 industry sectors during the April – June 2016 interval. 41% of Manufacturing employers have reported intentions to increase their payrolls during Q2, second only to Construction employers, and the seasonally adjusted Net Employment Outlook reported in the sector stands at +26%, strengthening both quarter-over-quarter and year-over-year by 5, respectively 4 percentage points and reaching its strongest level since Q4/2012. Employers in the Wholesale and Retail Trade sector continue to be optimistic, reporting a Net Employment Outlook of +18% that is, however, weaker both year-over-year and quarter-over-quarter by 5, respectively 3 percentage points. The only sector in which employers are forecasting decreases in staffing levels is Electricity, Water & Gas, where the Net Employment Outlook (now at -6%) has only been positive once in the past three years.

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 +22%, and employers in micro-organizations and medium-sized organizations being the most cautious, with an Outlook of +4%.

"An increased sense of optimism, especially in regions like the South-West, where some of the weakest Outlooks have been reported in the past, but also in Bucharest and Ilfov, where a large percentage of the country's companies are headquartered, is a positive development that gives job seekers reason to hope for more opportunities to find the job that fits them," adds Valentin Petrof.
Photo credit: ZF live.


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
AFI Brasov Mall begins the construction with 80 per cent assigned spaces

AFI Romania announced that the leasing campaign in AFI Brasov has advanced and has already assigned 80% of the spaces, a press release informs.

 Read Full article »
Logicom to acquire Romanian IT distributor Gemini

Logicom Information Technology, a subsidiary of Logicom Public Limited signed a pre-sale purchase agreement for the acquisition of Romanian IT distribution company Gemini.

 Read Full article »
InnovMatch Competition in solving business challenges

InnovMatch aims to enable innovative companies, start-ups, developers, entrepreneurs and students from around Central and Eastern Europe to tackle specific business challenges, and by using SAP Cloud Platform,

 Read Full article »
Zitec plans 5 million Euro worth business this year

Zitec, major provider of personalized technology solutions, services and products in Romania, announced it recorded a 30 per cent increase in turnover in the first half of 2017, compared to the same period in 2

 Read Full article »
Smartree: Romanian private sector wages up 7 pct on average in H1

HR outsourcing consultancy Smartree says that wages in the private sector rose by an average of 7 percent in the first half of this year compared to the same period of last year, mainly due to the increase of t

 Read Full article »
NTT Data takes up 4,000 square meters in Unirii View office project

NTT Data Romania, the software services and solutions provider, leased 4,000 square meters in Unirii View office project, the 18th floors tower that is being under development in downtown Bucharest, only five m

 Read Full article »
Eucom Survey: 2 out of 3 Romanian employees would learn a foreign language in order to advance in their career

The interim results of the latest survey conducted by Eucom, foreign language courses provider and part of the Ascendis Group, show that 2 out of 3 Romanian employees (66per cent of all respondents) want to lea

 Read Full article »
Google offers 30.000 US dollars grant for supporting computer science in Romania

Union of Romanian Informatics Teachers - UPIR has received a 30,000 US dollars worth grant from Google to create an online community dedicated to computer science high-school teachers.

 Read Full article »
Siveco's Newton project brings top-notch technology in schools for children with special needs

A pre-testing lesson in physics using 3D, Virtual Reality and Augmented Reality content develped by SIVECO Romania brought unexpected success for students with impaired hearing, within the NEWTON European proje

 Read Full article »
The IT sector in Romania anticipated to reach 12 per cent of GDP until 2025

Romania's IT&C sector will increase to 12% of the GDP in 2025, from a current value of 6% of the GDP, said Marian Popa, head of DB Global Tehnology's IT center in Bucharest, citied by Mediafax newswire.

 Read Full article »
 
MOST RECENT VIDEO
 
 
MOST READ ARTICLES
» Voxpro opens office in Bucharest and h...
» ROMANIAN OUTSOURCING AWARDS FOR EXCELL...
» AFI Brasov Mall begins the constructio...
» Comdata to buy four subsidiaries of Fr...
» Welcome onboard!
» Logicom to acquire Romanian IT distrib...
» Romanian Outsourcing Awards for Excell...
» Genpact's COO: Staying ahead of the cu...
» EY: Work-life balance has become more ...
» ASE's HR Master – helping students i...
 
EDITOR CHOICE
Preparing for the new future

Business shared services in Romania is by nature a flexible, mobile and diverse community and in this context, local markets develop their own particularities to address the global changes, to adjust to new dem

 Read Full article »
EY: Work-life balance has become more difficult to be managed by one third of full-time employees in 8 large countries

EY's global survey of full-time workers in eight countries finds that one-third say managing work-life has become more difficult, with younger generations and parents hit hardest.

 Read Full article »
Welcome onboard!

By 2020, some 200.000 people are expected to work in business shared services in Romania, doubling the current employment portfolio enrolled in more than 120 companies operating BPO, SSC or ITO services. Howeve

 Read Full article »
Thierry Blain, SG EBS: Bringing teams to the next level

The journey of Societe Generale European Business Services began with the need for a strategic location to sustain and transform European operations of Societe Generale Group. The purpose was, from the early da

 Read Full article »
TELUS International Europe: Issue 3 - Customers First magazine! Strategy and innovation in travel and hospitality

The third issue of our Customers First magazine is now available! The latest edition is all about travel and hospitality, featuring insights from industry experts and top brands like JetBlue, Turo, Joie de Vivr

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