Despite ongoing worries about fall-out from the eurozone crisis, a global survey of over 19,000 organisations in 52 countries has found the jobs market for professionals and managers holding up well.
The ‘Global Snapshot’ project from the global recruitment firm, Antal International, asked 19,376 companies in markets such as western and eastern Europe, Africa, India, China and the USA whether they were currently hiring at professional and managerial level.
It then asked whether they planned to do so in the coming quarter and whether they were currently letting staff go or were planning to do so in the next three months.
Current hiring levels across the globe were up with 55% of respondents recruiting at professional and managerial level in comparison to 52% in the last survey in July. Just over half (54%) of organisations questioned also intended to hire in the coming quarter.
The rate of attrition was down slightly from 17% in February to 16% now and this was expected to drop to 15% over the next three months.
The highest levels of hiring were found in Malta (82%), Luxembourg (69%), Norway (68%) and Sweden (68%), while the lowest was recorded in Spain where only 27% of companies questioned were in the process of recruiting at professional or managerial level. In the UK the percentage of businesses recruiting was down from 61% in July to 48% now but is expected to rise to 58% in the coming quarter.
Written by: David Woods, Deputy Editor, HR magazine at Mark Allen Group
Link to full article: Global recruitment levels are holding up…