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Market Signals
Full Report - Week 21
The type of clouds (cirrus, stratus, cumulus, nimbus), their size, location, direction and
speed of movement can give an indication as to what the weather has in store
over the coming two days: storm, sun, snow, ice or rain. In other words, dreamy, thin,
wispy clouds bring something different than fluffy, cotton wool style clouds.
The art of interpreting signals (precursors of trends) is - and always has been -
important in navigating financial markets and economies. If you are an
experienced manager or executive who wants to manage their career and/or job
search processes wisely, look at the signals of the job market which are
inseparably embedded in the VUCA landscape of today's world.
Check in on Saturdays afternoon for the newest release on LinkedIn:
http://LinkedIn.com/company/Career-Angels/
Prepared by the entire team of www.CareerAngels.eu
Published: May 23, 2020
Because of how we work when supporting our clients, we have a very unique
“glimpse” into how over 5000 Executive Search companies and almost 20 000
decision makers react – the majority of them being located in Europe; and we
collect and analyze how they respond; and we observe if and what kind of
trends there are to leverage our clients into better career management &
more effective job search methods.
Before there are trends, there are signals which we usually keep to ourselves.
But these are not usual times, so we decided to share those signals by the end of
each week. If the country / context is important, we’ll add them. Otherwise, we’ll
keep it general for confidentiality.
Source of signals
Note: some job ads might have been taken off LinkedIn, not because the recruitment process was put on hold or canceled, but because they are
costly, especially if you have dozens of them. A company might have wanted to simply cut costs and move to more cost effective alternatives. Some
local job portals are offering substantial discounts. These are the initial 18 countries that we tracked.
Number of published job ads on LinkedIn
Weeks 13 to 21
Note: some job ads might have been taken off LinkedIn, not because the recruitment process was put on hold or canceled, but because they are
costly, especially if you have dozens of them. A company might have wanted to simply cut costs and move to more cost effective alternatives. Some
local job portals are offering substantial discounts. These are the initial 18 countries that we tracked.
Number of published job ads on LinkedIn
Weeks 13 to 21 - sorted
Selected quotes from CEOs & HR Directors
Legal: Our sales have dropped but the only person we were forced to lay off was our office manager.
The business is small, so we had to review and reconsider all unnecessary costs to maintain stability. If
several new projects appear by autumn, we should get back on track safely.
Industrial Engineering: All recruitment processes are put on hold until September, at least. We are trying
to avoid lay-offs by reducing working hours and salaries.
Publishing: We’ve got heavily affected by the pandemic and were therefore forced to lay off the whole
conference team. We have shifted to remote work and reduced working hours to 80% - but only in
theory. We also took government aid but turnover is down 50%.
Insurance: Our industry is rather stable at the moment. Most firms protect their workplaces and I don’t
really see people losing their jobs.
Brewing: We’re fortunately not laying off for the time being, but there are many challenges ahead of us.
Number of published job ads on LinkedIn
Weeks 15 vs 21 - extended to 36 countries
Number of published job ads on LinkedIn
Weeks 15 vs 21 - extended to 36 countries - part 2
Number of published job ads on LinkedIn
Weeks 15 vs 21 - extended to 36 countries - sorted
Number of published job ads on LinkedIn
Weeks 15 vs 21 - extended to 36 countries - sorted part 2
Observations & best practices
there are companies that lower job grades of positions they're recruiting for
job search conducted through networking and direct application is still very effective
despite the circumstances
candidates decide to put their job search on hold due to the current situation
certain companies will probably give up physical offices and continue working
remotely even after the pandemic
Here are some insights from candidates taking part in current recruitment processes:
Recruitment and Executive Search companies:
Recruitment agencies are working online and assure that recruitment processes are still
continuing. Though, more candidates than usual express a lack of interest in roles when
approached; they refuse to engage. If somebody has a job, they don't think about
changing. Recruiters also complain about candidates not being fit for online interviews.
Visegrad Group
Baltics
Number of published job ads on LinkedIn by region
Northern Europe
Southern Europe
Iberia
SEE
Western Europe
DACH
BENELUX
The European Union
The European Union - part 2
Observations & best practices
offer outplacement services
preparing for the re-opening of the offices (home office rotation, safety & health
procedures, limiting number of people in a room depending on surface)
lay-off scenarios depending on "how bad it will be" (lists of employees "next in line"
for lay-offs) and execution of restructuring processes
Here are some solutions that corporations have implemented to alleviate / deal with
COVID-19 consequences:
Some of our contacted headhunters report about new tendencies on the market. It
turns out that companies may use this difficult time to exchange their “expensive”
employees for “cheaper” ones.
Worth mentioning:
Google has opened new HR roles for its soon-to-be-opened shared services.
Keep engaging in recruitment processes. You don’t know if your job is indeed
safe. It’s always better to be able to choose from a couple of options while
you have a job rather than wake up with no job and have no options at all.
If you have restructuring / change management / interim experience, prepare
your project or business cases list.
Prepare and practice interviewing online!
Work on your branding: on paper (CV), online (LinkedIn) and orally (strategic
interviewing). Charisma alone will not get you shortlisted against hundreds of
candidates; especially now that companies will look for low-risk candidates
who can demonstrate very specific skill sets and leadership competencies.
Our recommendations for senior candidates
If you are a senior candidate who
might need support / guidance:
You can access the following services completely confidentially and
free of charge:
- CV Report
- Career Consultation
Email Bichl.Sandra@CareerAngels.eu who will personally match you
with the most relevant Career Consultant. To save time: add your CV
and availability for a Skype call.
If you want to support your
(future) former employees:
Request an offer for outplacement services by email:
- in Polish: Anna.Zadrozna@CareerAngels.eu
- in English / German: Sandra.Bichl@CareerAngels.eu
For further information visit: www.ManagerialPlacement.eu

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Market Signals Report Week 21

  • 2. The type of clouds (cirrus, stratus, cumulus, nimbus), their size, location, direction and speed of movement can give an indication as to what the weather has in store over the coming two days: storm, sun, snow, ice or rain. In other words, dreamy, thin, wispy clouds bring something different than fluffy, cotton wool style clouds. The art of interpreting signals (precursors of trends) is - and always has been - important in navigating financial markets and economies. If you are an experienced manager or executive who wants to manage their career and/or job search processes wisely, look at the signals of the job market which are inseparably embedded in the VUCA landscape of today's world. Check in on Saturdays afternoon for the newest release on LinkedIn: http://LinkedIn.com/company/Career-Angels/ Prepared by the entire team of www.CareerAngels.eu Published: May 23, 2020
  • 3. Because of how we work when supporting our clients, we have a very unique “glimpse” into how over 5000 Executive Search companies and almost 20 000 decision makers react – the majority of them being located in Europe; and we collect and analyze how they respond; and we observe if and what kind of trends there are to leverage our clients into better career management & more effective job search methods. Before there are trends, there are signals which we usually keep to ourselves. But these are not usual times, so we decided to share those signals by the end of each week. If the country / context is important, we’ll add them. Otherwise, we’ll keep it general for confidentiality. Source of signals
  • 4. Note: some job ads might have been taken off LinkedIn, not because the recruitment process was put on hold or canceled, but because they are costly, especially if you have dozens of them. A company might have wanted to simply cut costs and move to more cost effective alternatives. Some local job portals are offering substantial discounts. These are the initial 18 countries that we tracked. Number of published job ads on LinkedIn Weeks 13 to 21
  • 5. Note: some job ads might have been taken off LinkedIn, not because the recruitment process was put on hold or canceled, but because they are costly, especially if you have dozens of them. A company might have wanted to simply cut costs and move to more cost effective alternatives. Some local job portals are offering substantial discounts. These are the initial 18 countries that we tracked. Number of published job ads on LinkedIn Weeks 13 to 21 - sorted
  • 6. Selected quotes from CEOs & HR Directors Legal: Our sales have dropped but the only person we were forced to lay off was our office manager. The business is small, so we had to review and reconsider all unnecessary costs to maintain stability. If several new projects appear by autumn, we should get back on track safely. Industrial Engineering: All recruitment processes are put on hold until September, at least. We are trying to avoid lay-offs by reducing working hours and salaries. Publishing: We’ve got heavily affected by the pandemic and were therefore forced to lay off the whole conference team. We have shifted to remote work and reduced working hours to 80% - but only in theory. We also took government aid but turnover is down 50%. Insurance: Our industry is rather stable at the moment. Most firms protect their workplaces and I don’t really see people losing their jobs. Brewing: We’re fortunately not laying off for the time being, but there are many challenges ahead of us.
  • 7. Number of published job ads on LinkedIn Weeks 15 vs 21 - extended to 36 countries
  • 8. Number of published job ads on LinkedIn Weeks 15 vs 21 - extended to 36 countries - part 2
  • 9. Number of published job ads on LinkedIn Weeks 15 vs 21 - extended to 36 countries - sorted
  • 10. Number of published job ads on LinkedIn Weeks 15 vs 21 - extended to 36 countries - sorted part 2
  • 11. Observations & best practices there are companies that lower job grades of positions they're recruiting for job search conducted through networking and direct application is still very effective despite the circumstances candidates decide to put their job search on hold due to the current situation certain companies will probably give up physical offices and continue working remotely even after the pandemic Here are some insights from candidates taking part in current recruitment processes: Recruitment and Executive Search companies: Recruitment agencies are working online and assure that recruitment processes are still continuing. Though, more candidates than usual express a lack of interest in roles when approached; they refuse to engage. If somebody has a job, they don't think about changing. Recruiters also complain about candidates not being fit for online interviews.
  • 12. Visegrad Group Baltics Number of published job ads on LinkedIn by region
  • 18. The European Union - part 2
  • 19. Observations & best practices offer outplacement services preparing for the re-opening of the offices (home office rotation, safety & health procedures, limiting number of people in a room depending on surface) lay-off scenarios depending on "how bad it will be" (lists of employees "next in line" for lay-offs) and execution of restructuring processes Here are some solutions that corporations have implemented to alleviate / deal with COVID-19 consequences: Some of our contacted headhunters report about new tendencies on the market. It turns out that companies may use this difficult time to exchange their “expensive” employees for “cheaper” ones. Worth mentioning: Google has opened new HR roles for its soon-to-be-opened shared services.
  • 20. Keep engaging in recruitment processes. You don’t know if your job is indeed safe. It’s always better to be able to choose from a couple of options while you have a job rather than wake up with no job and have no options at all. If you have restructuring / change management / interim experience, prepare your project or business cases list. Prepare and practice interviewing online! Work on your branding: on paper (CV), online (LinkedIn) and orally (strategic interviewing). Charisma alone will not get you shortlisted against hundreds of candidates; especially now that companies will look for low-risk candidates who can demonstrate very specific skill sets and leadership competencies. Our recommendations for senior candidates
  • 21. If you are a senior candidate who might need support / guidance: You can access the following services completely confidentially and free of charge: - CV Report - Career Consultation Email Bichl.Sandra@CareerAngels.eu who will personally match you with the most relevant Career Consultant. To save time: add your CV and availability for a Skype call.
  • 22. If you want to support your (future) former employees: Request an offer for outplacement services by email: - in Polish: Anna.Zadrozna@CareerAngels.eu - in English / German: Sandra.Bichl@CareerAngels.eu For further information visit: www.ManagerialPlacement.eu