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Antal Global Snapshot 09
1. Edition 9 - July 2011
snapshot.antal.com
ANTAL GLOBAL
SNAPSHOT
A survey of hiring and firing trends in key
employment markets around the world.
2. THE ‘ANTAL GLOBAL SNAPSHOT’
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 is the ninth report in the series
and is based upon material sourced from over 12,800 businesses in commerce, industry and the financial services
sectors in 47 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 98 offices in 32 countries and works with
many of the world’s most successful and ambitious multi-nationals.
Methodology
This edition of the ‘Antal Global Snapshot’ is based upon survey forms and telephone interviews completed by line
and HR managers in 12,875 companies, professional partnerships and financial institutions across 47 countries in
June 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 granted anonymity to encourage open
and honest answers.
Antal Global Snapshot | Edition 9 - July 2011 Page 1 www.snapshot.antal.com
3. THE ‘ANTAL GLOBAL SNAPSHOT’
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
55% 57%
25% 23%
19% 17% 14% 12%
Austrian hiring levels have remained consistent since last The number of businesses hiring at a managerial /
quarter. While the percentage of organisations taking on professional level or intending to do so in the next three
new staff remains low at 19%, current firing levels are also months has decreased since last quarter. However, the
low, indicating that a lack of recruitment activity is due to percentage of organisations currently letting staff go has
businesses retaining their staff. fallen to 25% and promises to drop further in the next
quarter. This indicates that more employees are retaining
their jobs.
France Germany
59% 59%
38%
30% 33%
28%
8% 6%
Current hiring levels in France have consistently Germany’s hiring and firing figures have remained fairly
increased over the last six months and show a modest but consistent since the last quarter’s Snapshot. The
noticeable improvement on last quarter. The percentage percentage of organisations shedding staff remains low at
of organisations expecting to hire at a managerial and just 8%, indicating that the German employment market is
professional level over the coming quarter has also risen stabilising, with high staff retention rates.
to 59%. Overall, France has remained consistent with
previous figures with 30% of the businesses asked
expecting to let people go over the coming quarter.
Antal Global Snapshot | Edition 9 - July 2011 Page 2 www.snapshot.antal.com
4. THE ‘ANTAL GLOBAL SNAPSHOT’
Local Picture - Detailed information on the key markets surveyed.
Western Europe Continued...stern 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?
Italy Luxembourg
54% 54%
48% 46% 43%
29%
14% 14%
Like many of its Western European neighbours, Italy’s The percentage of businesses taking on managerial and
hiring and firing levels have remained consistent over the professional staff in Luxembourg has fallen by 32% since
last quarter with the percentage of businesses taking on the last quarter, when Luxembourg boasted the highest
and shedding staff fluctuating by just 1% or 2%. In line global hiring levels. However, firing levels look set to
with much of Western Europe, it seems Italy is retaining decrease over the next quarter, indicating that
its staff and that the jobs market is stabilising. organisations intend to keep on the staff hired during this
boom in the market.
Nordics
Netherlands (Denmark, Finland, Norway, Sweden)
52% 53% 56%
49%
28% 26% 30% 29%
The Netherlands has enjoyed a successful quarter. There is a lot of activity in the Nordic employment market,
Current hiring levels have increased by 15% since last with a respectable 53% of employers currently hiring – a
quarter and are expected to further increase to 52% over comparatively high figure within the context of Western
the next three months. The percentage of organisations Europe and one that looks set to increase in the coming
letting go of staff has remained fairly consistent, three months. Firing levels are also predicted to fall in the
increasing by a modest 6%, indicating growth in the coming quarter, indicating modest but noteworthy growth
employment market. in the market.
Antal Global Snapshot | Edition 9 - July 2011 Page 3 www.snapshot.antal.com
5. THE ‘ANTAL GLOBAL SNAPSHOT’
Local Picture - Detailed information on the key markets surveyed.
Western Europe Continued...stern 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?
Portugal Spain
35% 32%
28% 28% 30% 28% 26% 23%
Portugal’s current hiring activity at a professional level has Spain’s hiring and firing levels have not changed
gone down from 35% to 28% since the last quarter. dramatically since last quarter’s Snapshot. Current hiring
However, the percentage of organisations currently firing activity of managerial and professional staff has increased
managerial and professional staff has also fallen. The slightly to 35%. Current firing levels have also dropped
outlook is more positive, as the percentage of slightly this quarter with this trend looking set to continue
organisations planning to let people go in the coming into the next three months.
quarter looks set to fall.
Switzerland United Kingdom
61% 64%
33% 29% 29%
23%
11% 10%
The percentage of organisations increasing their head The United Kingdom has seen small decreases in current
counts in Switzerland has fallen since last quarter. hiring levels, with 61% of organisations currently taking on
However, the percentage of businesses shedding staff professional and managerial staff. However, this figure
has remained at a consistently low level, indicating that, in looks set to rise to 64% over the next three months as the
line with the majority of Western European countries, market promises to pick up again. Current firing activity
Swiss companies are retaining their staff. has risen marginally to 29%, but as the market looks set
to grow next quarter, firing levels are predicted to drop to
23%.
Antal Global Snapshot | Edition 9 - July 2011 Page 4 www.snapshot.antal.com
6. WESTERN EUROPE
Detailed examination of key markets
Western Europe Key Sectors
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?
Germany Key Sectors
81% 46% 71%
79% 23% 70%
40% 6% 29%
41% 6% 25%
BANKING & FINANCIAL
AEROSPACE AUTOMOTIVE
SERVICES
21% 62% 86%
19% 62% 50%
7% 38% 21%
4% 31% 14%
CHEMICAL COMMUNICATIONS CONSTRUCTION
49% 58% 58%
49% 59% 42%
3% 21% 0%
5% 14% 0%
ELECTRONICS ENERGY & RENEWABLE ENGINEERING
17%
9%
3%
4%
FMCG
Antal Global Snapshot | Edition 9 - July 2011 Page 5 www.snapshot.antal.com
7. WESTERN EUROPE
Detailed examination of key markets
Western Europe Key Sectors Continued…
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?
Germany Key Sectors Continued…
84% 77% 21%
82% 77% 18%
33% 31% 8%
17% 23% 6%
HEALTHCARE LEISURE MANUFACTURING
26% 37% 36%
30% 34% 28%
26% 6% 9%
9% 5% 9%
MEDIA PHARMA/MEDICAL RETAIL
73% 21% 65%
69% 31% 64%
31% 4% 12%
15% 7% 5%
SHIPPING & TECHNOLOGY
SERVICES
TRANSPORT - HARDWARE
66%
59%
14%
3%
TECHNOLOGY
- SOFTWARE
Antal Global Snapshot | Edition 9 - July 2011 Page 6 www.snapshot.antal.com
8. WESTERN EUROPE
Detailed examination of key markets
Western Europe Key Sectors Continued…
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?
Italy Key Sectors
37% 55% 44%
39% 56% 44%
22% 13% 17%
24% 12% 11%
BANKING & FINANCIAL
AUTOMOTIVE CHEMICAL
SERVICES
86% 38% 74%
93% 50% 65%
50% 6% 13%
50% 6% 22%
COMMUNICATIONS ELECTRONIC ENERGY & RENEWABLE
56% 42% 12%
56% 37% 12%
11% 9% 6%
6% 7% 5%
ENGINEERING FMCG LEISURE
60% 56% 78%
63% 56% 67%
27% 22% 8%
27% 20% 11%
MANUFACTURING PHARMA/MEDICAL RETAIL
72% 82% 75%
71% 64% 68%
35% 0% 29%
37% 0% 39%
SHIPPING & TECHNOLOGY
SERVICES
TRANSPORT - HARDWARE
33%
56%
22%
11%
TECHNOLOGY
- SOFTWARE
Antal Global Snapshot | Edition 9 - July 2011 Page 7 www.snapshot.antal.com
9. WESTERN EUROPE
Detailed examination of key markets
Western Europe Key Sectors Continued…
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?
Netherlands Key Sectors
56% 67% 36%
41% 39% 76%
53% 50% 71%
36% 17% 86%
ACCOUNTANCY BANKING & FINANCIAL CHEMICAL
SERVICES
52% 41% 46%
39% 50% 50%
30% 25% 21%
30% 32% 21%
ENERGY & RENEWABLE FMCG LEISURE
56% 50% 48%
49% 51% 31%
54% 28% 40%
41% 30% 38%
MANUFACTURING MEDIA PHARMA/MEDICAL
46% 64% 51%
49% 38% 37%
29% 36% 40%
29% 31% 38%
RETAIL SERVICES SHIPPING &
TRANSPORT
58% 36%
57% 64%
26% 5%
24% 6%
TECHNOLOGY TECHNOLOGY
- HARDWARE - SOFTWARE
Antal Global Snapshot | Edition 9 - July 2011 Page 8 www.snapshot.antal.com
10. WESTERN EUROPE
Detailed examination of key markets
Western Europe Key Sectors Continued…
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?
Nordic – All Nations Key Sectors
67%
100%
11%
22%
ENERGY & RENEWABLE
71%
64%
21%
14%
MANUFACTURING
80%
80%
60%
60%
TECHNOLOGY
- SOFTWARE
Antal Global Snapshot | Edition 9 - July 2011 Page 9 www.snapshot.antal.com
11. WESTERN EUROPE
Detailed examination of key markets
Western Europe Key Sectors Continued…
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?
Spain Key Sectors
41% 29% 15%
23% 25% 30%
14% 29% 19%
13% 33% 26%
AUTOMOTIVE BANKING & FINANCIAL CHEMICAL
SERVICES
28% 34% 22%
35% 31% 19%
29% 43% 24%
32% 43% 22%
COMMUNICATIONS CONSTRUCTION ELECTRONIC
36% 37% 21%
34% 26% 21%
34% 24% 33%
22% 11% 36%
ENERGY & RENEWABLE ENGINEERING FMCG
32% 38% 38%
25% 33% 35%
25% 36% 30%
13% 29% 24%
MANUFACTURING PHARMA/MEDICAL RETAIL
48% 56% 33%
52% 53% 67%
10% 12% 0%
19% 24% 0%
SERVICES SHIPPING & SOCIAL MEDIA
TRANSPORT
44% 33%
41% 32%
25% 19%
22% 20%
TECHNOLOGY TECHNOLOGY
- HARDWARE - SOFTWARE
Antal Global Snapshot | Edition 9 - July 2011 Page 10 www.snapshot.antal.com
12. WESTERN EUROPE
Detailed examination of key markets
Western Europe Key Sectors Continued…
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?
UK Key Sectors
67% 50% 79%
100% 63% 93%
33% 25% 29%
33% 13% 21%
AUTOMOTIVE BANKING & FINANCIAL ENERGY & RENEWABLE
SERVICES
71% 100% 53%
71% 100% 42%
29% 60% 37%
43% 40% 21%
FMCG LEISURE MANUFACTURING
50% 63% 100%
50% 88% 83%
40% 25% 50%
20% 25% 33%
PHARMA/MEDICAL RETAIL SERVICES
57% 71%
44% 72%
42% 14%
42% 14%
TECHNOLOGY TECHNOLOGY
- HARDWARE - SOFTWARE
Antal Global Snapshot | Edition 9 - July 2011 Page 11 www.snapshot.antal.com
13. THE ‘ANTAL GLOBAL SNAPSHOT’
Local Picture - Detailed information on the key markets surveyed.
Eastern Europe & Eurasia
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?
Bulgaria Croatia
54% 52% 55% 52%
23%
18%
9% 9%
The overall picture in Bulgaria is positive, as current hiring Current hiring levels in Croatia have risen significantly
levels have risen over the last few months, peaking this since the last quarter to 55%, and look set to stay
quarter at 54%. The positive trends look set to continue as consistent in the next three months. The percentage of
firing levels are predicted to drop to 18% over the next businesses currently shedding staff has dropped by 10%
three months. since last quarter’s Snapshot and is on course to remain
stable at 9% in the coming quarter.
Czech Republic Hungary
53%
48% 46%
43% 43%
30%
20% 16%
Hiring levels are down in the Czech Republic with current Hiring activity in Hungary has continued to rise since last
figures falling to 48%. However, these numbers are still quarter with hiring levels for managerial/professional staff
comparatively high against the backdrop of the Western reaching 43%. This figure looks set to rise by 3% over the
European employment market and look set to rise, as next three months as more Hungarian organisations
53% of the businesses asked intend to take on staff in the intend to recruit. The percentage of businesses shedding
next three months. The number of organisations letting staff however has increased slightly from last quarter to
people go has also risen from 12% last quarter to 43% 20% but firing predictions for next quarter are still low at
this quarter, indicating overall movement in the Czech 16%.
employment market. The market looks set to balance out
in the next three months, with firing levels due to drop by
13%.
Antal Global Snapshot | Edition 9 - July 2011 Page 12 www.snapshot.antal.com
14. THE ‘ANTAL GLOBAL SNAPSHOT’
Local Picture - Detailed information on the key markets surveyed.
Eastern Europe & Eurasia Continued...
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?
Poland Romania
55% 53%
47% 49%
23% 24%
12% 11%
As predicted, the percentage of organisations hiring at Hiring activity has remained consistent in Romania, as
managerial and professional level has risen this quarter to have current firing levels, which have risen by a modest
55%. Meanwhile, the percentage of businesses currently 8%, indicating that, in line with much of Eastern and
lowering their head count has remained stable at 12%. Western Europe, the employment market is rightsizing.
The overall picture is positive. Over half of employers are
currently hiring combined with one of the lowest current
firing levels in the region.
Russia & CIS
(Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan,
Tajikistan, Turkmenistan, Ukraine, Uzbekistan) Slovakia
66% 68% 69%
58%
34% 32% 31%
27%
Russia boasts one of the highest current levels of Current hiring levels have remained consistent in Slovakia
recruitment in the region, with 66% of the businesses at 58% but look set to rise by 11% over the next three
questioned taking on managerial and professional staff. months. The positive trends run across the board as, at
The percentage of organisations letting staff go has fallen 27%, firing levels are 15% lower than predicted last
since last quarter to 34% and looks set to drop a further quarter.
2% in the coming three months.
Antal Global Snapshot | Edition 9 - July 2011 Page 13 www.snapshot.antal.com
15. THE ‘ANTAL GLOBAL SNAPSHOT’
Local Picture - Detailed information on the key markets surveyed.
Eastern Europe & Eurasia Continued...
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?
Turkey
71%
65%
21% 17%
Since last quarter, there has been a spike in hiring activity.
The percentage of businesses taking on new managers
and professionals has reached 71%. The future looks
positive for Turkey as the number of organisations
shedding staff is 15% lower than predicted last quarter,
and looks set to fall by a further 4% over the next three
months.
Antal Global Snapshot | Edition 9 - July 2011 Page 14 www.snapshot.antal.com
16. EASTERN EUROPE
Detailed examination of key markets
Eastern Europe & Eurasia Key Sectors
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?
Hungary Key Sectors
71% 19%
86% 50%
0% 19%
43% 13%
COMMUNICATION FMCG
S
29% 44%
29% 67%
57% 22%
43% 33%
PHARMA/MEDICAL RETAIL
22%
33%
17%
28%
SHIPPING &
TRANSPORT
Antal Global Snapshot | Edition 9 - July 2011 Page 15 www.snapshot.antal.com
17. EASTERN EUROPE
Detailed examination of key markets
Eastern Europe & Eurasia Key Sectors Continued…
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?
Poland Key Sectors
47% 58% 68%
41% 35% 59%
12% 6% 15%
6% 8% 15%
ACCOUNTANCY AUTOMOTIVE BANKING & FINANCIAL
SERVICES
42% 51% 45%
37% 51% 43%
18% 14% 12%
8% 19% 10%
CHEMICAL COMMUNICATION CONSTRUCTION
S
40% 43% 45%
42% 48% 45%
12% 11% 15%
6% 11% 10%
ENERGY &
ELECTRONIC ENGINEERING
RENEWABLES
45% 73%
36% 70%
12% 14%
12% 16%
FMCG LEGAL
Antal Global Snapshot | Edition 9 - July 2011 Page 16 www.snapshot.antal.com
18. EASTERN EUROPE
Detailed examination of key markets
Eastern Europe & Eurasia Key Sectors Continued…
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?
Poland Key Sectors
77% 46% 77%
62% 37% 64%
8% 8% 18%
8% 7% 18%
LEISURE MANUFACTURING MEDIA
56% 26% 56%
41% 24% 47%
12% 12% 8%
8% 17% 8%
PHARMA/MEDICAL PROPERTY RETAIL
69% 59% 66%
69% 51% 61%
16% 12% 13%
14% 11% 18%
SHIPPING & TECHNOLOGY
SERVICES
TRANSPORT - HARDWARE
68%
67%
10%
10%
TECHNOLOGY
- SOFTWARE
Antal Global Snapshot | Edition 9 - July 2011 Page 17 www.snapshot.antal.com
19. EASTERN EUROPE
Detailed examination of key markets
Eastern Europe & Eurasia Key Sectors Continued…
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?
Romania Key Sectors
67% 39%
50% 18%
33% 12%
33% 15%
AUTOMOTIVE FMCG
S
71% 17%
69% 33%
40% 17%
31% 17%
PHARMA/MEDICAL RETAIL
50%
50%
17%
0%
TECHNOLOGY
- SOFTWARE
Antal Global Snapshot | Edition 9 - July 2011 Page 18 www.snapshot.antal.com
20. EASTERN EUROPE
Detailed examination of key markets
Eastern Europe & Eurasia Key Sectors Continued…
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?
Russia & CIS – All Nations Key Sectors
77% 59% 82%
69% 56% 80%
38% 31% 48%
12% 34% 49%
BANKING & FINANCIAL CONSTRUCTION FMCG
SERVICES
58% 81% 71%
71% 74% 48%
25% 33% 38%
21% 33% 29%
MANUFACTURING PHARMA/MEDICAL RETAIL
47%
83%
42%
47%
SHIPPING &
TRANSPORT
Antal Global Snapshot | Edition 9 - July 2011 Page 19 www.snapshot.antal.com
21. THE ‘ANTAL GLOBAL SNAPSHOT’
Local Picture - Detailed information on the key markets surveyed.
Middle East & Gulf Region 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?
Middle East & Gulf Region
(Kuwait, Oman, Qatar, Saudi Arabia) UAE
67% 67% 68%
59%
28%
19% 16%
11%
Despite recent unrest in the region, the overall Taking a closer look at the United Arab Emirates, hiring
employment situation has improved the last Snapshot. levels have risen to the highest percentages for a year,
Current hiring levels have exceeded the expectations of and look set to continue to rise as 68% of the surveyed
last quarter, where only 46% of businesses intended to employers intend to take on professional and managerial
take on managerial and professional staff, 67% of staff in the coming three months. Current firing levels are
businesses are currently hiring, 21% more than up by 6% on last quarter but this is in line with the general
predicted. Firing levels are up marginally, indicating all trend of movement in the Middle East and Gulf region
round movement in the region’s employment markets. overall.
Antal Global Snapshot | Edition 9 - July 2011 Page 20 www.snapshot.antal.com
22. MIDDLE EAST & GULF REGION
Detailed examination of key markets
Middle East & Gulf Key Sectors
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?
Middle East – All Nations Key Sectors
45% 49% 71%
55% 98% 86%
18% 1% 43%
0% 26% 71%
CONSTRUCTION ELECTRONIC ENERGY & RENEWABLE
58% 75% 86%
75% 88% 91%
50% 38% 11%
8% 25% 10%
FMCG MANUFACTURING RETAIL
49% 84% 74%
76% 60% 63%
1% 30% 26%
26% 26% 4%
SHIPPING & TECHNOLOGY TECHNOLOGY
TRANSPORT - HARDWARE - SOFTWARE
Antal Global Snapshot | Edition 9 - July 2011 Page 21 www.snapshot.antal.com
23. THE ‘ANTAL GLOBAL SNAPSHOT’
Local Picture - Detailed information on the key markets surveyed.
Africa
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?
Egypt South Africa
67%
61%
56% 57%
28%
22%
11% 8%
Despite the recent political unrest, the Egyptian job market While current hiring levels are down by 10% on last
has remained strong. Last quarter, 65% of employers quarter, the percentage of businesses shedding staff has
intended to hire and Egypt has fallen short of this also dropped by 6% to 11%, and looks set to fall further to
prediction by just 4% - an impressive feat considering the 8% in the next three months. This indicates a rightsizing
uncertainty of the political situation. Hiring levels look set of the jobs market in South Africa.
to improve over the next three months, with 67% of the
businesses questioned intending to take on new staff.
Antal Global Snapshot | Edition 9 - July 2011 Page 22 www.snapshot.antal.com
24. AFRICA
Detailed examination of key markets
Africa Key Sectors
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?
South Africa Key Sectors
68% 71% 56%
65% 86% 38%
33% 14% 13%
34% 14% 13%
ACCOUNTANCY AEROSPACE AUTOMOTIVE
74% 48% 33%
63% 64% 67%
5% 6% 17%
0% 3% 17%
BANKING & FINANCIAL
COMMUNICATIONS CONSTRUCTION
SERVICES
43% 40% 42%
86% 43% 55%
14% 31% 19%
0% 29% 8%
ELECTRONIC ENERGY & RENEWABLE ENGINEERING
67% 60% 81%
59% 57% 59%
16% 9% 0%
9% 10% 19%
FMCG MANUFACTURING MEDIA
51% 67% 46%
55% 50% 54%
7% 17% 5%
4% 0% 6%
PHARMA/MEDICAL RETAIL SHIPPING &
TRANSPORT
63% 72%
64% 70%
3% 8%
1% 7%
TECHNOLOGY TECHNOLOGY
- HARDWARE - SOFTWARE
Antal Global Snapshot | Edition 9 - July 2011 Page 23 www.snapshot.antal.com
25. THE ‘ANTAL GLOBAL SNAPSHOT’
Local Picture - Detailed information on the key markets surveyed.
Asia & Indian Subcontinent
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?
China India
80%
70% 72% 69%
17% 19% 17% 20%
The Chinese jobs market has been consistently strong. Indian hiring levels have remained consistent, while
Current hiring levels are up from 66% last quarter and are current firing levels have dropped by 6% since last
predicted to rise to 72% in the coming three months. quarter. While 69% of organisations are currently taking
Meanwhile, the percentage of organisations currently on staff, this figure looks set to rise yet again to 80% over
letting managerial and professional staff go has fallen the next three months.
marginally to 17%, 3% lower than projected last quarter.
Philippines Singapore
98% 96%
29% 32%
11% 11%
3% 4%
The Philippines boasts the highest current hiring levels in Hiring levels have fallen slightly, but the overall picture in
the world and one of the lowest percentages of companies Singapore has remained consistent, with the situation set
letting go of managerial and professional staff. The hiring to improve in the coming three months as more
boom looks set to continue into the coming quarter, with businesses intend to take on new staff. As hiring activity
96% of businesses looking to take on new hires, and just has remained steady across the board, it indicates that
4% intending to shed employees. jobs are being retained and the employment market is
steadying.
Antal Global Snapshot | Edition 9 - July 2011 Page 24 www.snapshot.antal.com
26. ASIA & INDIAN SUBCONTINENT
Detailed examination of key markets
Asia & Indian Subcontinent Key Sectors
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?
China Key Sectors
77% 62% 71%
90% 62% 70%
36% 19% 10%
38% 18% 11%
AEROSPACE AUTOMOTIVE BANKING & FINANCIAL
SERVICES
75% 71% 81%
78% 72% 69%
13% 24% 31%
19% 22% 13%
CHEMICAL CONSTRUCTION EDUCATION
62% 72% 65%
65% 71% 59%
13% 16% 12%
11% 20% 6%
ELECTRONIC ENERGY & RENEWABLES ENGINEERING
69%
70%
11%
16%
FMCG
Antal Global Snapshot | Edition 9 - July 2011 Page 25 www.snapshot.antal.com
27. ASIA & INDIAN SUBCONTINENT
Detailed examination of key markets
Asia & Indian Subcontinent Key Sectors Continued…
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?
China Key Sectors
78% 68% 75%
78% 70% 85%
17% 19% 15%
13% 20% 13%
HEALTHCARE MANUFACTURING MEDIA
71% 76% 74%
77% 78% 77%
18% 13% 17%
17% 22% 22%
PHARMA/MEDICAL RETAIL SERVICES
79% 57% 77%
79% 66% 72%
15% 20% 14%
21% 22% 14%
SOCIAL MEDIA SHIPPING & TECHNOLOGY
TRANSPORT - HARDWARE
69%
70%
13%
13%
TECHNOLOGY
- SOFTWARE
Antal Global Snapshot | Edition 9 - July 2011 Page 26 www.snapshot.antal.com
28. ASIA & INDIAN SUBCONTINENT
Detailed examination of key markets
Asia & Indian Subcontinent Key Sectors Continued…
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?
India Key Sectors
82% 38% 67%
87% 66% 56%
7% 12% 7%
7% 30% 11%
AUTOMOTIVE BANKING & FINANCIAL CHEMICALS
SERVICES
80% 99% 61%
88% 98% 80%
13% 23% 59%
14% 33% 21%
CONSTRUCTION EDUCATION ELECTRONIC
86% 71% 78%
100% 79% 83%
29% 13% 30%
29% 21% 37%
ENERGY & RENEWABLE FMCG MANUFACTURING
54% 56% 53%
62% 81% 79%
35% 25% 24%
27% 19% 16%
MEDIA PHARMA/MEDICAL PROPERTY
78% 57%
89% 71%
33% 29%
22% 57%
RETAIL SHIPPING &
TRANSPORT
Antal Global Snapshot | Edition 9 - July 2011 Page 27 www.snapshot.antal.com
29. ASIA & INDIAN SUBCONTINENT
Detailed examination of key markets
Asia & Indian Subcontinent Key Sectors Continued…
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?
Singapore Key Sectors
10% 40% 46%
14% 40% 52%
19% 20% 9%
19% 27% 13%
BANKING & FINANCIAL
AEROSPACE AUTOMOTIVE
SERVICES
83% 13% 52%
67% 15% 67%
17% 10% 19%
33% 10% 22%
COMMUNICATION ELECTRONIC ENERGY &
S RENEWABLES
22% 25% 35%
12% 47% 26%
11% 8% 0%
9% 3% 4%
ENGINEERING FMCG LEISURE
34% 27% 38%
32% 36% 45%
16% 0% 4%
12% 1% 9%
SHIPPING &
MANUFACTURING PHARMA/MEDICAL
TRANSPORT
16%
27%
18%
11%
TECHNOLOGY
- SOFTWARE
Antal Global Snapshot | Edition 9 - July 2011 Page 28 www.snapshot.antal.com
30. THE ‘ANTAL GLOBAL SNAPSHOT’
Local Picture - Detailed information on the key markets surveyed.
The Americas
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?
Argentina Brazil
73% 70%
67%
58%
23% 23%
14% 14%
At 73%, the percentage of organisations taking on Hiring levels in Brazil are down by 11% since last quarter,
managerial and professional staff in Argentina is 6% but this matches the percentage of organisations
higher than last quarter’s prediction that 67% of shedding staff as firing levels have dropped to just 14%.
organisations would be hiring. 58% of businesses intend Recruitment activity looks set to increase to 70% in the
to bring in new recruits in the coming three months, but as next three months, while firing activity is predicted to stay
hiring levels have shot up this quarter, this is just stagnant, an all-round positive picture for the Brazilian
indicative of the employment market rightsizing after a employment market.
hiring boom.
Canada USA
65%
54% 54% 52%
35% 31%
23% 21%
There is currently a lot of movement happening in the After a hiring boom last quarter, the percentage of
Canadian employment market. In the next three months, organisations bringing in professional and managerial staff
hiring levels look set to increase to 65%, coinciding with has dropped by 22%. However, last quarter 34% of
the fact that 35% of the organisations questioned are organisations predicted that they would be letting staff go -
currently shedding staff. This indicates that the the numbers that have materialised since have been
recruitment market in Canada is picking up and that there considerably lower, and just 23% of organisations are
will be new opportunities for managers and professionals shedding staff. This indicates a stabilising of the US
looking to take on a new role. employment market.
Antal Global Snapshot | Edition 9 - July 2011 Page 29 www.snapshot.antal.com
31. THE ‘ANTAL GLOBAL SNAPSHOT’
Local Picture - Detailed information on the key markets surveyed.
Oceania
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?
Australia
61%
56%
32%
24%
Both hiring and firing levels are down slightly since last
quarter. The Australian jobs market looks relatively stable,
with a comparatively high figure of 56% of organisations
intending to take on staff in the next three months. Though
the employment market is slightly less active, Australia
has recently enjoyed high levels of hiring activity, which
may indicate that the market is rightsizing, with
organisations retaining staff.
Antal Global Snapshot | Edition 9 - July 2011 Page 30 www.snapshot.antal.com
32. THE ‘ANTAL GLOBAL SNAPSHOT’
THE CURRENT PICTURE
Winners and Losers – Regions
Asia recorded the highest level of hiring activity, with
64% of businesses in the region currently hiring
managerial and professional staff, and 66% intending to
do so in the coming quarter. The lowest percentage of
organisations shedding staff was in Africa, where just
12% of businesses are letting people go.
Western Europe maintains the lowest hiring levels, with
41% of businesses currently hiring and 39% of
organisations intending to do so, but this does
represent an increase from last quarter and the region
as a whole is still competitive within an increasingly
active market.
Winners and Losers – Sectors
Across the globe, the sectors with the highest levels of
recruitment at managerial and professional level were:
1. Healthcare and Legal
2. Services and Education
3. Social Media
4. Technology – Hardware
5. Banking & Financial Services
The lowest was the chemical sector, with 31% of
organisations questioned currently hiring.
Global Snapshot – The Worldwide Picture
Are you currently hiring at managerial/professional level? – 52%
Are you currently letting people go at managerial/professional level? – 17%
Antal Global Snapshot | Edition 9 - July 2011 Page 31 www.snapshot.antal.com
33. THE ‘ANTAL GLOBAL SNAPSHOT’
THE OUTLOOK
Winners and losers – Regions
The overall hiring picture remains consistent since last quarter. 52% of organisations are planning to take on
staff and 17% are planning to let staff go. These figures are in line with the current hiring picture, which was
accurately predicted in January.
The most active region looks likely to be the Middle East, with 68% of the surveyed organisations planning to
hire in the next three months. In contrast, just 39% of businesses in Western Europe are looking to increase
head counts.
Global Snapshot – The Worldwide Picture
Do you expect to hire at managerial/professional level over the coming quarter? – 52%
Do you expect to let people go at managerial/professional level over the coming quarter? – 17%
Antal Global Snapshot | Edition 9 - July 2011 Page 32 www.snapshot.antal.com
34. THE ‘ANTAL GLOBAL SNAPSHOT’
Conclusion
Continuing stability
Last quarter’s Snapshot indicated a long-anticipated return to stability in the global employment markets. The overall
results from this quarter were exactly as predicted in the last survey, with 52% of organisations worldwide taking on
staff and 17% reducing their head counts, suggesting a long-term stabilisation of the market.
However, while last quarter the Americas had overtaken the Asia-Pacific region in having the highest demand for
professionals and managers, the Asia-Pacific region recorded the highest level of hiring activity this quarter, with 64%
of businesses currently hiring. This indicates a continuing oscillation of economic power between the two
superpowers.
Western Europe continues to have the lowest hiring levels globally; however, the region still compares closely with
other regions worldwide and has shown increases in hiring levels since last quarter.
This quarter’s strongest hirer was the Philippines, with an astounding 98% of employers currently hiring, coupled with
one of the lowest firing figures worldwide.
Although the overall results do not differ significantly from last quarter’s figures, the stability that this demonstrates is
reassuring and validates predictions and analysis from the last Global Snapshot.
Antal International would like to thank all respondents for their participation in this edition of the Antal Global
Snapshot, as a result €9757 was donated to the Antal Charitable Foundation, our charity which supports Chance UK,
Duke of Edinburgh's Award, Antal Force4Good, the Akanksha Foundation and other charities.
Contact
If you would like any further information about material included in this report or would like to reserve a copy of the
next ‘Global Snapshot’, contact Eliza Sharp at snapshot@antal.com or your local Antal office – see www.antal.com for
more details.
Eliza Sharp
Antal International
64 Baker Street
London
W1U 7GB
Tel: +44 (0)207 467 2520
Fax: +44 (0)207 467 2521
Email: Snapshot@antal.com
www.antal.com
www.snapshot.antal.com
www.antalventures.com
www.antalcharitablefoundation.com
Antal Global Snapshot | Edition 9 - July 2011 Page 33 www.snapshot.antal.com