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
IBM to open its fourth business services center in Romania

US-based IT giant IBM announced it would open a new business center in Cluj-Napoca this July, the fourth center operated by the It company in Romania, after Bucharest, Brasov and Timisoara.

 Read Full article »
SAP ranked first among Europe's most valuable brands in 2017

SAP, leading company in digital transformation, ranked 1st among Europe's most valuable brands, according to the 2017's edition of BrandZ Top 100 Most Valuable Global Brands, with a brand value of 45.194 billio

 Read Full article »
Nokia invests 73 million Euro in expanding its campus in Timisoara

Finland-based company Nokia said it will be expanding its campus in western city of Timisoara with the biggest research and development (R&D) center in the Romanian telecom industry and the total investment exc

 Read Full article »
Romania's Fribourg Capital launches 20 million Euro investment fund for startups

Romanian investment firm Fribourg Capital said it has launched Fribourg Digital, a 20 million Euro investment fund which targets startups in the IT sector, according to a company statement quoted by seenews.

 Read Full article »
Avangate plans to hire 45 IT specialists for its office in Romania

Avangate, the global eCommerce and subscription billing platform for software, SaaS, and digital solutions, with Romanian roots, which recently acquired the 2Checkout global payment processor, will hire 45 IT s

 Read Full article »
Qualitance made the FT's list of Europe's fastest-growing companies

The global technology innovation company with headquarters in Romania, US and Australia was ranked 612 on the list of 1000 European fast-growing firms, with a revenue growth of 165 per cent between 2012 and 201

 Read Full article »
Colliers: More than 265,000 sqm of office area is scheduled for delivery in 2017

More than 265,000 sqm of office area is scheduled for delivery in 2017, broadly in line with the level received in 2016, according to the recently launched market report of Colliers.

 Read Full article »
Societe Generale European Business Services reaches 1,000 employees in the shared service in Bucharest

Societe Generale European Business Services, the shared service center for Societe Generale Group, has reached 1,000 employees due to an accelerated growth over the last three years. Societe Generale European B

 Read Full article »
Adecco: Romania sees 40 per cent increase of recruitment in Q1 2017

This year had the best start of the last decade, from the perspective of recruitment volumes, being recorded in Q1 a growth of over 40 per cent of the recruitment against the same period of last year, and t

 Read Full article »
More than half of Romanian companies plan cybersecurity budget increase

According to a joint PwC Romania and Microsoft Romania survey launched recently, "Security in the Digital World", investments in cybersecurity are mostly driven by regulatory requirements instead of the organiz

 Read Full article »
 
MOST RECENT VIDEO
 
 
MOST READ ARTICLES
» ROMANIAN OUTSOURCING AWARDS FOR EXCELL...
» Grégoire Vigroux appointed the new Vi...
» Romanian Outsourcing Awards for Excell...
» Romanian Outsourcing Awards for Excell...
» SocGen's EBS division to grow 60%, exp...
» Bombardier: from Bucharest subway to t...
» Ericsson and Skanska trial IoT for Sma...
» OT Learning & Development Roundable ta...
» AFI Europe Romania and Dedeman sign ag...
» TELUS International Europe: E-book: Ho...
 
EDITOR CHOICE
Technology, friend or foe

How well do we understand the multitude of tools that are one touch away from us and how do we make the best use of it in terms of work efficiency, effectiveness and safety? Another of the biggest questions in

 Read Full article »
The future is now - Review of Romanian Outsourcing Summit, 2017

Romania delivers services in 25 languages with more than 100,000 specialists employed in the outsourcing industry and business services, and based on an estimated growth of 15-20 per cent, it is estimated to re

 Read Full article »
TELUS International Europe: How the travel and hospitality industry can get ahead with omnichannel customer service

For companies in the travel and hospitality industry, having an omnichannel strategy is becoming critical to compete in a complex market of both  Read Full article »

Genpact's COO: Staying ahead of the curve

Shibu Nambiar has over 18 years of experience in the services industry, covering roles in operations, project management, service delivery, product development, domain management and training.

 Read Full article »
Reshaping the industry mindset

The business shared services industry in Romania is living a fantastic youth, but may be heading towards a maturity that may come sooner than expected, thanks to disruptive emerging technologies and the urgent

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