This edition finds that job opportunity knocks despite a confidence dip.
More Regus research: http://www.regus.co.uk/corporate-workspace-solutions/resources/whitepapers.aspx?utm_campaign=slideshare
GDI results are aimed to provide economies the requisite foresight to inculcate best practices, address the ease of doing business and thereby attempt to overcome growth challenges.
Annual GCC Compensation and Benefits Trends Report 2015The HR Observer
- Salary movements, bonuses and attrition rates in the GCC
- What will happen to bonus payments this year?
- Attrition rates in the GCC - the outlook for 2015 compared to 2014
- Top areas of interest for C&B professionals in 2015
- Views from the market on flexible benefits and total rewards
- Employee wellness as an engagement tool
- Reported development needs of GCC C&B managers
In order to provide business leaders and companies with a up-to-the-minute
barometer of their peers’ confidence and outlook for the coming year the Regus
Business Confidence Index Report analysed the opinions of over 16,000 business
managers and business owners from 86 countries. In addition to enquiring about
revenues and profits over the past year, and about their revenue expectations for
the next 12 months, the report also analysed their views on factors that had caused
particular corporate distress during the downturn, stability creating policies for future
growth and cost saving measures that do not hinder company growth.
I ASEAN Busines Optimism Index Q4 2015 har vi har samlet det kvartalsvise indeks for seks markeder i Sydøstasien, som tilsammen stå for mere end 95% af ASEAN BNP. Der er tale om Indonesien, Malaysia, Filippinerne, Singapore, Thailand og Vietnam.
Firm Value is a description of the level of triumph of the company that is related with stock prices.
High stock prices will affect the high firm value as well. This study was conducted to examine the effect of
financial performance on firm value with intellectual capital as an intervening variable in manufacturing
companies listed on the BEI in the 2015-2017 period
Growth Implications of Managerial Finance in Business: Empirical Evidence fro...Premier Publishers
The effective management of business finance is critically dependent on the proper understanding of the interrelationships between different dimensions of financial management and growth performance of the business. This study examines the relationship between selected managerial finance functions and growth of business in Akwa Ibom State, Nigeria using Pearson’s Product Moment Correlation model. The results show that all the managerial functions selected for the study are positively correlated with growth, but with varying levels of significance. The implication of the results is that, given the diversity and specialized nature of managerial finance, every dimension of management relating to financial resources should be taken seriously to ensure long-term sustainable growth of business.
GDI results are aimed to provide economies the requisite foresight to inculcate best practices, address the ease of doing business and thereby attempt to overcome growth challenges.
Annual GCC Compensation and Benefits Trends Report 2015The HR Observer
- Salary movements, bonuses and attrition rates in the GCC
- What will happen to bonus payments this year?
- Attrition rates in the GCC - the outlook for 2015 compared to 2014
- Top areas of interest for C&B professionals in 2015
- Views from the market on flexible benefits and total rewards
- Employee wellness as an engagement tool
- Reported development needs of GCC C&B managers
In order to provide business leaders and companies with a up-to-the-minute
barometer of their peers’ confidence and outlook for the coming year the Regus
Business Confidence Index Report analysed the opinions of over 16,000 business
managers and business owners from 86 countries. In addition to enquiring about
revenues and profits over the past year, and about their revenue expectations for
the next 12 months, the report also analysed their views on factors that had caused
particular corporate distress during the downturn, stability creating policies for future
growth and cost saving measures that do not hinder company growth.
I ASEAN Busines Optimism Index Q4 2015 har vi har samlet det kvartalsvise indeks for seks markeder i Sydøstasien, som tilsammen stå for mere end 95% af ASEAN BNP. Der er tale om Indonesien, Malaysia, Filippinerne, Singapore, Thailand og Vietnam.
Firm Value is a description of the level of triumph of the company that is related with stock prices.
High stock prices will affect the high firm value as well. This study was conducted to examine the effect of
financial performance on firm value with intellectual capital as an intervening variable in manufacturing
companies listed on the BEI in the 2015-2017 period
Growth Implications of Managerial Finance in Business: Empirical Evidence fro...Premier Publishers
The effective management of business finance is critically dependent on the proper understanding of the interrelationships between different dimensions of financial management and growth performance of the business. This study examines the relationship between selected managerial finance functions and growth of business in Akwa Ibom State, Nigeria using Pearson’s Product Moment Correlation model. The results show that all the managerial functions selected for the study are positively correlated with growth, but with varying levels of significance. The implication of the results is that, given the diversity and specialized nature of managerial finance, every dimension of management relating to financial resources should be taken seriously to ensure long-term sustainable growth of business.
Divi’s Laboratories Better business model in comparison to other Indian healthcare companies, Narnolia Securities Limited positive for the stock and recommend BUY with target price of Rs 1350 as well as for Godrej Consumer due to 20%+ growth in the domestic market. Also we advice our investors to book part profit at the current level of Axis bank.
The Hays Global Skills Index is the only comprehensive overview of the professional global labour market and examines the challenges faced by organisations as they search for the most sought-after skills. Our 2017 edition provides an analysis of the employment markets and economic status of countries, featuring insights from Hays experts across the globe.
Effect of Abnormal Cash Flow Quality on Big 4 and Non Big 4 Audited Firms in ...YogeshIJTSRD
This study compare financial reporting quality of Big 4 audited and non Big 4 audited firms in Nigeria. Specifically, compares the abnormal operating cash flow quality, and abnormal production expenditure quality, and unexpected core earnings of Big 4 and non Big 4 audited firms. The study adopts the ex post facto research design as the goal is not manipulate any variable but rather establish comparative difference. The population comprised of quoted manufacturing firms and the sample restricted to a purposive sample of 62 firms from 6 sectors listed on the Nigerian Stock Exchange NSE . The study utilized secondary data retrieved from annual financial statements of the sampled firms. The data were analyzed using several techniques such as multiple regression, and correlation. The results showed a statistically significant difference in abnormal operating cash flow quality of Big 4 and non Big 4 audited firms a statistically significant difference in abnormal production expenditure quality of Big 4 and non Big 4 audited firms. Based on this, the study recommends that shareholders during Annual General Meeting AGM may also seek the adoption of joint auditors to strengthen audit quality and cushion against shocks from manipulative practices of managers or the lack of independence from continued engagement of particular audit firms. Anazonwu, Helen O. | Egbunike, Patrick A. "Effect of Abnormal Cash Flow Quality on Big 4 and Non-Big 4 Audited Firms in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-5 , August 2021, URL: https://www.ijtsrd.com/papers/ijtsrd43847.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/43847/effect-of-abnormal-cash-flow-quality-on-big-4-and-nonbig-4-audited-firms-in-nigeria/anazonwu-helen-o
Southern California Salary Guide & Job Market Outlook - 2015Joseph Ruiz
.A.I.T.H. Resources is pleased to offer the first and only salary guide indexed for the Southern California market and designed exclusively for Finance, Accounting, Information Technology and Human Resource practitioners. Our salary guide includes both qualitative and quantitative data to help our client partners successfully recruit and retain scarce human capital to gain a competitive advantage and improve operational performance. Additionally, we include a comprehensive list of proven talent strategies to bridge the growing talent capabilities gap
F.A.I.T.H. Resources is pleased to offer the first and only salary guide indexed for the Southern California market and designed exclusively for Finance, Accounting, Information Technology and Human Resource practitioners. Our salary guide includes both qualitative and quantitative data to help our client partners successfully recruit and retain scarce human capital to gain a competitive advantage and improve operational performance. Additionally, we include a comprehensive list of proven talent strategies to bridge the growing talent capabilities gap.
Effect of Financial Ratios on Firm Performance Study of Selected Brewery Firm...ijtsrd
The study assessed the effect of financial ratios on performance of Quoted Breweries firms in Nigeria. It made use of ex post facto research design. Data were gotten from secondary sources obtained from NSE fact books and annual reports accounts of the selected Breweries Companies. The population of the study consisted of thirteen 13 quoted Breweries firms listed on the Nigerian Stock Exchange as at 31st December, 2018. Four 4 of the quoted Breweries firms are selected to form the sample of the study for the period of nine 9 years 2010 – 2018 . The relevant data obtained were subjected to statistical analysis using Pearson correlation coefficient and regression analysis. The results of this study revealed that there is a significant relationship between current ratio and firm performance but negative effect. Debt equity ratio has a significant effect on return on asset of Nigerian Breweries. The result of the study concludes that Nigerian breweries companies are relatively using an optimal mix of debt to equity which is evident from the significant positive relationship of debt equity ratio with financial performance of the Nigerian Breweries. The researchers recommended that the management should employ all carefulness while financing with long term debt instruments endeavor to find out the best and optimal combination of long term debt and equity that will impact positively on the value of the firm. Agbata, Amaka Elizabeth | Osingor, Arinze Stanley | Ezeala, George "Effect of Financial Ratios on Firm Performance: Study of Selected Brewery Firms in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-5 , August 2021, URL: https://www.ijtsrd.com/papers/ijtsrd45177.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/45177/effect-of-financial-ratios-on-firm-performance-study-of-selected-brewery-firms-in-nigeria/agbata-amaka-elizabeth
ManpowerGroup Solutions : Total Workforce IndexManpowerGroup
Launched in 2013, ManpowerGroup Solutions’ Contingent Workforce Index was developed to provide an in-depth review of the global contingent labor market. Initially focused exclusively on the contingent workforce across 75 markets, the Contingent Workforce Index addressed half of the talent landscape. With the surge of employers committed to global workforce management and integrated workforce programs, the annual index has evolved in 2017 to include the total workforce. The total workforce consists of the permanent and contingent workforces, along with the subset of contingent identified as the informal workforce.
The Hays Global Skills Index is the only comprehensive overview of the professional global labour market and examines the challenges faced by organisations as they search for the most sought-after skills. Our 2012 edition provides an analysis of the employment markets and economic status of countries, featuring insights from Hays experts across the globe.
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
The Hays Global Skills Index is the only comprehensive overview of the professional global labour market and examines the challenges faced by organisations as they search for the most sought-after skills. Our latest edition provides an analysis of the employment markets and economic status of 33 countries, featuring insights from Hays experts across the globe.
Entrepreneurship: Flourishing in tough conditionsRegus
Given the key importance of entrepreneurship within the economy and even inside single businesses, Regus commissioned research canvassing the opinions of over 19,000 business managers and owners globally asking them about the state of entrepreneurship in their sector and which measures help boost innovation.
presentation at the GeekGirlMeetup and the Berlin Geekettes present Berlin's 2nd GGM Tech Day, July 13, 2013
You can hear the talk here: https://www.soundcloud.com/lisa-lang/the-future-of-work-is-today
Companies all over the world come to Regus to find the flexible workspace that enables them to do business more effectively. We have over 800,000 customers using our business centres every day, this gives us a wealth of experience in all workplace issues. If you’re looking for an expert to speak at your event, big or small, we are happy to provide trained speakers to talk about the issues your audience want to discuss.
Please contact Henry Collinge at press.office@regus.com if you would like a Regus speaker to present at your event.
Find out more about Regus: http://www.regus.com/?utm_campaign=slideshare
Divi’s Laboratories Better business model in comparison to other Indian healthcare companies, Narnolia Securities Limited positive for the stock and recommend BUY with target price of Rs 1350 as well as for Godrej Consumer due to 20%+ growth in the domestic market. Also we advice our investors to book part profit at the current level of Axis bank.
The Hays Global Skills Index is the only comprehensive overview of the professional global labour market and examines the challenges faced by organisations as they search for the most sought-after skills. Our 2017 edition provides an analysis of the employment markets and economic status of countries, featuring insights from Hays experts across the globe.
Effect of Abnormal Cash Flow Quality on Big 4 and Non Big 4 Audited Firms in ...YogeshIJTSRD
This study compare financial reporting quality of Big 4 audited and non Big 4 audited firms in Nigeria. Specifically, compares the abnormal operating cash flow quality, and abnormal production expenditure quality, and unexpected core earnings of Big 4 and non Big 4 audited firms. The study adopts the ex post facto research design as the goal is not manipulate any variable but rather establish comparative difference. The population comprised of quoted manufacturing firms and the sample restricted to a purposive sample of 62 firms from 6 sectors listed on the Nigerian Stock Exchange NSE . The study utilized secondary data retrieved from annual financial statements of the sampled firms. The data were analyzed using several techniques such as multiple regression, and correlation. The results showed a statistically significant difference in abnormal operating cash flow quality of Big 4 and non Big 4 audited firms a statistically significant difference in abnormal production expenditure quality of Big 4 and non Big 4 audited firms. Based on this, the study recommends that shareholders during Annual General Meeting AGM may also seek the adoption of joint auditors to strengthen audit quality and cushion against shocks from manipulative practices of managers or the lack of independence from continued engagement of particular audit firms. Anazonwu, Helen O. | Egbunike, Patrick A. "Effect of Abnormal Cash Flow Quality on Big 4 and Non-Big 4 Audited Firms in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-5 , August 2021, URL: https://www.ijtsrd.com/papers/ijtsrd43847.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/43847/effect-of-abnormal-cash-flow-quality-on-big-4-and-nonbig-4-audited-firms-in-nigeria/anazonwu-helen-o
Southern California Salary Guide & Job Market Outlook - 2015Joseph Ruiz
.A.I.T.H. Resources is pleased to offer the first and only salary guide indexed for the Southern California market and designed exclusively for Finance, Accounting, Information Technology and Human Resource practitioners. Our salary guide includes both qualitative and quantitative data to help our client partners successfully recruit and retain scarce human capital to gain a competitive advantage and improve operational performance. Additionally, we include a comprehensive list of proven talent strategies to bridge the growing talent capabilities gap
F.A.I.T.H. Resources is pleased to offer the first and only salary guide indexed for the Southern California market and designed exclusively for Finance, Accounting, Information Technology and Human Resource practitioners. Our salary guide includes both qualitative and quantitative data to help our client partners successfully recruit and retain scarce human capital to gain a competitive advantage and improve operational performance. Additionally, we include a comprehensive list of proven talent strategies to bridge the growing talent capabilities gap.
Effect of Financial Ratios on Firm Performance Study of Selected Brewery Firm...ijtsrd
The study assessed the effect of financial ratios on performance of Quoted Breweries firms in Nigeria. It made use of ex post facto research design. Data were gotten from secondary sources obtained from NSE fact books and annual reports accounts of the selected Breweries Companies. The population of the study consisted of thirteen 13 quoted Breweries firms listed on the Nigerian Stock Exchange as at 31st December, 2018. Four 4 of the quoted Breweries firms are selected to form the sample of the study for the period of nine 9 years 2010 – 2018 . The relevant data obtained were subjected to statistical analysis using Pearson correlation coefficient and regression analysis. The results of this study revealed that there is a significant relationship between current ratio and firm performance but negative effect. Debt equity ratio has a significant effect on return on asset of Nigerian Breweries. The result of the study concludes that Nigerian breweries companies are relatively using an optimal mix of debt to equity which is evident from the significant positive relationship of debt equity ratio with financial performance of the Nigerian Breweries. The researchers recommended that the management should employ all carefulness while financing with long term debt instruments endeavor to find out the best and optimal combination of long term debt and equity that will impact positively on the value of the firm. Agbata, Amaka Elizabeth | Osingor, Arinze Stanley | Ezeala, George "Effect of Financial Ratios on Firm Performance: Study of Selected Brewery Firms in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-5 , August 2021, URL: https://www.ijtsrd.com/papers/ijtsrd45177.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/45177/effect-of-financial-ratios-on-firm-performance-study-of-selected-brewery-firms-in-nigeria/agbata-amaka-elizabeth
ManpowerGroup Solutions : Total Workforce IndexManpowerGroup
Launched in 2013, ManpowerGroup Solutions’ Contingent Workforce Index was developed to provide an in-depth review of the global contingent labor market. Initially focused exclusively on the contingent workforce across 75 markets, the Contingent Workforce Index addressed half of the talent landscape. With the surge of employers committed to global workforce management and integrated workforce programs, the annual index has evolved in 2017 to include the total workforce. The total workforce consists of the permanent and contingent workforces, along with the subset of contingent identified as the informal workforce.
The Hays Global Skills Index is the only comprehensive overview of the professional global labour market and examines the challenges faced by organisations as they search for the most sought-after skills. Our 2012 edition provides an analysis of the employment markets and economic status of countries, featuring insights from Hays experts across the globe.
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
The Hays Global Skills Index is the only comprehensive overview of the professional global labour market and examines the challenges faced by organisations as they search for the most sought-after skills. Our latest edition provides an analysis of the employment markets and economic status of 33 countries, featuring insights from Hays experts across the globe.
Entrepreneurship: Flourishing in tough conditionsRegus
Given the key importance of entrepreneurship within the economy and even inside single businesses, Regus commissioned research canvassing the opinions of over 19,000 business managers and owners globally asking them about the state of entrepreneurship in their sector and which measures help boost innovation.
presentation at the GeekGirlMeetup and the Berlin Geekettes present Berlin's 2nd GGM Tech Day, July 13, 2013
You can hear the talk here: https://www.soundcloud.com/lisa-lang/the-future-of-work-is-today
Companies all over the world come to Regus to find the flexible workspace that enables them to do business more effectively. We have over 800,000 customers using our business centres every day, this gives us a wealth of experience in all workplace issues. If you’re looking for an expert to speak at your event, big or small, we are happy to provide trained speakers to talk about the issues your audience want to discuss.
Please contact Henry Collinge at press.office@regus.com if you would like a Regus speaker to present at your event.
Find out more about Regus: http://www.regus.com/?utm_campaign=slideshare
Working Mothers Report: Keeping mum in the workplaceRegus
The participation of women in the workforce is widely attested to be a key driver of GDP growth. In developing countries, working women can actually make the difference required to lift a region out of poverty. Women also play a vital role in sustained economic growth and are helping bridge the skills gap where this issue is holding back economic development. How, then, can more women be encouraged to return to the workforce after maternity?
Learn how Juniper, an innovative software company, partnered with Regus to off-load wasted office space and become more flexible and mobile across the globe.
Infographic based on the key findings obtained from Regus' Business Index Issue 6.
http://www.slideshare.net/REGUSmedia/regus-business-confidence-index-issue-6
The latest Regus Business Confidence Index shows that global business confidence remains steady; mature economies are showing confidence gains; and emerging economies have tempered their outlook somewhat. But no-one in business is letting a confidence uplift divert them from a continued focus on efficiency gains.
Why place still matters in the digital age: Third place working in easy reach...Regus
A new independent research report from ZZA Responsive User Environments has scotched the myth that flexible working means home-working. The report, which was supported by Regus, the world’s largest provider of flexible workspace, combines data from a global 17,000-strong business survey with in-depth qualitative interviews with business people across the world, and demonstrates that working in ‘third places’ – neither office nor home – is the new normal. These ‘third places’ encompass business centres, clubs, libraries and informal areas such as coffee shops. Moreover, the report also reveals that ‘third place’ working brings a wide range of benefits, including improved work-life balance, reduced stress and improved productivity for the employee, as well as cost-effectiveness, scalability and reduced property commitment for businesses.
Authored by Professor Ziona Strelitz, the report notes that, “Today’s dynamic technological, economic and social conditions create opportunities for individuals and pose new challenges for organisations. Attracting and harnessing talent is a central challenge for business. Third place working that enhances the quality of work life supports this agenda.”
Regus Caso de Estudio: Challenger, Gray & Christmas Inc.Regus
Un caso de estudio de como Challenger, Gray & Christmas Inc utiliza los servicios de Regus a su comodidad, manteniendo la flexibilidad que tanto necesita. Asimismo minimizando el segundo coste principal de los negocios: los gastos asociados con el alquiler, el equipamiento y el personal de sus espacios de oficina
The Relevance of Corporate Real Estate to Enterprise SuccessRegus
http://www.regus.com/?utm_campaign=slideshare
Given at the CoreNet Global Summit in Chicago, May 1-3, 2011 by:
Moderator: Dr Barry Varcoe, Zurich Financial Services
Facilitator: Dr Martha O’ Mara, Corp. Portfolio Analytics
Speakers: Michael Leone, Regus;
Tanya Penny, Verizon
See how organisations like yours have achieved workplace change by utilising Regus' wide range of products and services. Please visit: http://www.regus.co.uk/corporate-workspace-solutions/resources/case-studies.aspx?utm_campaign=slideshare
Short introduction to M-Factor concept during EU WIN conference on October, 10 in Brussels. Join the European Workplace Innovation Network (EUWIN) http://portal.ukwon.eu/
VWork: Measuring the benefits of agility at workRegus
Given at WorkTech New York on May 18, 2011 by Bob Gaudreau, Executive Vice-President Sales & Marketing at Regus.
Read the full report: http://slidesha.re/jG2yQM
About Regus: http://www.regus.com/?utm_campaign=slideshare
Companies all over the world come to Regus to find the flexible workspace that enables them to do business more effectively. We have over 800,000 customers using our business centres every day, this gives us a wealth of experience in all workplace issues. If you’re looking for an expert to speak at your event, big or small, we are happy to provide trained speakers to talk about the issues your audience want to discuss.
Please contact Henry Collinge at press.office@regus.com if you would like a Regus speaker to present at your event.
Find out more about Regus: http://www.regus.com/?utm_campaign=slideshare
The latest Business Confidence Index shows that although business confidence shows only marginal
progress, businesses globally plan to hire more sales and marketing staff in their bid for growth.
People Power: Business across the globe to employ more staff to accelerate gr...Regus
The Regus Business Tracker - Edition 3 - reveals that companies all over the world are planning to increase headcounts as a way of accelerating growth. Find out more about Regus: http://www.regus.com?utm_campaign=slideshare
The Regus Business Confidence Index 4th Edition is the result of independent research with 17,000 business professionals in 80 countries.
Regus: http://www.regus.com/?utm_campaign=slideshare
The business outlook across Asia for 2014 looks set for a positive trajectory, but there are a number of uncertainties that will have many business leaders watching over their shoulders.
The latest Executive Outlook Survey 2014 from KellyOCG shows that while there is widespread agreement about continuing economic and business improvement, it is not unbridled optimism.
Global economic events and local Asian business sentiment are coalescing in 2014 to produce a whirlwind of possible scenarios for the world economy.
KPMG Study - Third EFB-KPMG European Family Business Barometer - Dec 2014Tatiana Andreeva
In this third bi-annual European Family Business Barometer, European Family Businesses (EFB) and KPMG once again seek to bring an insight into the confidence levels of family businesses, the challenges affecting their everyday operations and the solutions they seek to ensure their development and sustainable growth. This time the headline message is that while the outlook is positive the pressure on profitability and the war for talent are the key changes.
Reclaim Your Business: HR Outsourcing in 2012CPEhr
Reclaim Your Business:
How Human Resources Outsourcing Will
Enable Companies to Rebuild in 2012. After years of recession, stagnant economic growth, high unemployment
and continuing uncertainty fueled by a partisan Washington, most small
and mid‐sized employers are looking towards the future with reserved
optimism. However, while many economic factors remain in flux,
employers are able to take control of their business in 2012. Many are
proactively investigating how Human Resources (HR) Outsourcing can
assist them in trimming excess operating costs, reducing insurance
premiums and HR overhead, and improving employee productivity.
Financial executives at U.S. companies expressed more optimism that their businesses will hire employees and see revenue growth in 2011, according to a recent Bank of America Merrill Lynch survey.
Of the 801 executives surveyed in the bank’s annual CFO Outlook, 47% said they expect their companies to hire additional employees next year, up from 28% who forecast hiring last year. Only 6% said they expect layoffs, compared with 9% last year. In addition, 64% of CFOs expect revenue growth in 2011, up from 61% last year.
“Despite the challenging economic climate, many CFOs have growing confidence that their companies have weathered the worst of the storm and are poised for expansion,” said Laura Whitley, Global Commercial Products executive at Bank of America Merrill Lynch, who oversees the delivery of debt, treasury and liquidity solutions to more than 140,000 commercial and institutional clients.
The latest installment of CMI's Economic Outlook research series, which tracks business confidence amongst the UK’s manager, shows that many are questioning whether the recession is really over. The majority of managers believe a double-dip recession is likely to occur with 84 per cent reporting that the economy is having a negative impact on their organisation.
Almost a year on from the Comprehensive Spending Review, CMI's report reveals the concerns held by the UK’s managers and leaders about the private sector’s ability to rebalance the economy by providing growth and jobs in the coming months. It does, however, also offer a glimmer of hope, outlining senior executives’ views on the state of the economy in 12 months and beyond.
Flexible working a key strategy in attracting and keeping top employees - Jan...Regus
Not so long ago, flexible working was the province of senior
managers who lived a long way from headquarters, and
salespeople. Now, in the minds of many, it is an essential part
of any attractive job. It has become a major differentiator when
choosing between new job possibilities; and it is a key factor
in keeping people engaged and satisfied in their
current organization.
This is partly because those in the younger management
generations (Gen Y and Z) are demanding it. Even though
conventional wisdom would suggest that younger cohorts
might accept any job conditions in order to avoid the spectre
of unemployment, in fact they are often refusing to accept
the old rules. It is also because technology enables workers
– even senior ones – to be contacted or stay in touch even
if they are not physically on company premises. Younger
employees, having grown up with the devices, know all
about the possibilities they create, of course. As a result, they
cannot understand why employers who have sought to make
workplaces like university common rooms will not go further
and allow them to work flexibly, saving time on commuting,
enhancing potential productivity, and measuring performance
by results rather than time in the office.
Catch Me If You Can: Flexible working and its impact on recruitment and reten...Regus
Not so long ago, flexible working was the province of senior managers who lived a long way from headquarters, and salespeople. Now, in the minds of many, it is an essential part of any attractive job. It has become a major differentiator when choosing between new job possibilities; and it is a key factor in keeping people engaged and satisfied in their current organization.
Please join us for a workspace innovation discussion.Regus
Experience a progressive new workspace while
enjoying cocktails and hors d’oeuvres while
engaging in a lively discussion on Dr. Martha
O’Mara’s latest research on how aligning your real
estate strategy with the life stages of your
workforce can increase your competitive
advantage. You are invited to an exclusive event at the new
Regus “pro-working” center in Midtown. Come
take a tour of our cutting-edge workspace
environment at 747 Third Ave.
Companies that export a third more likely to increase profits than those staying at home.
Regus' survey of 24,000 global business leaders highlights the many obstacles preventing more firms expanding abroad .
Company Valuation webinar series - Tuesday, 4 June 2024FelixPerez547899
This session provided an update as to the latest valuation data in the UK and then delved into a discussion on the upcoming election and the impacts on valuation. We finished, as always with a Q&A
Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...jamalseoexpert1978
Farman Ayaz Khattak and Ehtesham Matloob are government officials in CTW Counter terrorism wing Islamabad, in Federal Investigation Agency FIA Headquarters. CTW and FIA kidnapped crypto currency owner from Islamabad and snatched 200 Bitcoins those worth of 4 billion rupees in Pakistan currency. There is not Cryptocurrency Regulations in Pakistan & CTW is official dacoit and stealing digital assets from the innocent crypto holders and making fake cases of terrorism to keep them silent.
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraAvirahi City Dholera
The Tata Group, a titan of Indian industry, is making waves with its advanced talks with Taiwanese chipmakers Powerchip Semiconductor Manufacturing Corporation (PSMC) and UMC Group. The goal? Establishing a cutting-edge semiconductor fabrication unit (fab) in Dholera, Gujarat. This isn’t just any project; it’s a potential game changer for India’s chipmaking aspirations and a boon for investors seeking promising residential projects in dholera sir.
Visit : https://www.avirahi.com/blog/tata-group-dials-taiwan-for-its-chipmaking-ambition-in-gujarats-dholera/
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
B2B payments are rapidly changing. Find out the 5 key questions you need to be asking yourself to be sure you are mastering B2B payments today. Learn more at www.BlueSnap.com.
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2. Positive business employment intentions are focusing
on flexible working practices, as firms across the world
seek to boost growth. Slow global economic progress
and market volatility have somewhat curbed the
positive surge reported in April by the twice-yearly
Regus Business Confidence Index that finds business
optimism has undergone a modest contraction. In
line with this dampened confidence, businesses’
expectations for the full momentum of recovery have
been pushed back to the second half of 2012.
Although new research by Regus shows that revenue and profit growth remain
largely unchanged since April 2011, with half of companies reporting revenue and
two fifths reporting profit growth, employment intentions are more buoyant with
the majority of firms planning to hire more employees in the coming two years. In
particular, businesses single out freelance and remote staff as the groups of workers
they are most likely to hire. This positive outlook for employment indicates that
although firms remain cautious in the tough economic climate they are still keen to
seek out opportunity for growth and are focusing on low-risk arrangements with
flexible staff.
Both in terms of business confidence and in terms of employment intentions, firms
operating in international markets appear to be doing better than their counterparts
who mainly focus on their domestic territories.
Regus Business Confidence Index | Job opportunity knocks despite confidence dip | Issue 5 | October 2011 | Page 2
3. Management summary
• The latest Regus Business Confidence Index, which incorporates both forward
looking statements and actual performance factors, reveals that global optimism
has fallen slightly – down 11 points to 114 since spring 2011.
• New research by Regus shows that revenue and profit growth remain largely
stable since April 2011 with 51% of companies reporting revenue growth in
September compared to 50% in April and 42% reporting profit growth compared
to 41% six months earlier.
• Nevertheless, businesses across the world have delayed their expectation of the
full momentum of global economic growth to the second half of 2012.
• In spite of an apparent stall in the pace of growth, businesses reveal positive
prospects for employment with fully 64% of firms globally reporting that they
intend to hire new staff in the next two years compared to only 45% a year ago.
• In particular businesses intend to hire new graduates (50%), freelance staff
(49%) and more remote workers (40%). These findings highlight that as tough
economic conditions persist firms globally are opting for more nimble, low-risk
arrangements in hiring.
Optimism and business size correlation
• The research also analysed small and large business trends and found that
large businesses are 19 points more optimistic than their smaller counterparts
with a Business Confidence Index rating of 129 compared to only 110 for small
businesses.
• In spite of lower confidence small businesses are more intentioned to look
for growth through hiring new staff with 64% planning to increase headcount
compared to only 59% of large firms.
The benefits of international trading
• Firms that trade internationally are also more likely to have remained optimistic
in the current climate than those that trade only nationally. The index reveals a
score of 110 for national firms and 120 for international firms.
• Whereas in mature economies there is a definite trend for international
companies to hire more than domestically-focused companies, in emerging
economies both national and international players are equally keen on increasing
employee numbers.
Regus Business Confidence Index | Job opportunity knocks despite confidence dip | Issue 5 | October 2011 | Page 3
4. Geographical highlights
• All countries experienced a contraction in optimism index value except for India,
which rose 11 points to 145, Brazil, up 7 points at 146, and Germany at 139, up
4 points on April 2011. While all other countries were less buoyant, significant
drops were experienced by USA (-29), Belgium (-27), China (-27) and Japan
(-24).
• In all countries except for Belgium (49%), more than half of businesses intend
to hire more staff in the next two years with peaks of 85% in Brazil and 76% in
Mexico. UK (54%), USA (59%) and France (52%) are less optimistic.
• Freelance staff will be particularly sought after in South Africa (57%), Brazil (59%),
Mexico (76%) and India (53%) indicating that emerging economies have learnt
from mature economies’ mistakes in the previous recession and are opting to
maintain operations lean and rapidly scalable as they grow.
• In more mature economies small businesses are less likely to hire than larger
business with for example only 52% of UK and 56% of USA small businesses
planning to increase headcount in the next two years, compared to 61% and
68% of large businesses in the same countries.
• In emerging economies this trend is reversed, with small businesses showing
greater buoyancy than their larger less flexible counterparts. In Mexico, for
example, only 63% of large companies plan to hire new staff compared to 77%
of small businesses and 40% of South African large businesses compared to
70% of small firms.
• Small firms are more likely to hire freelance (54%) and remote (42%) staff than
larger companies (34% and 33% respectively). Small businesses in emerging
economies such as those in China (54%), in Brazil (61%) and in Mexico (63%)
are particularly keen to hire remote workers.
• Unsurprisingly, the intention to hire more remote staff is more represented by
international firms in emerging markets such as Brazil (67%), India (42%) and
Mexico (66%).
Regus Business Confidence Index | Job opportunity knocks despite confidence dip | Issue 5 | October 2011 | Page 4
5. Introduction
After a positive start to 2011, the world economic outlook has yet again been
affected by market volatility, the sovereign debt crisis, bank deleveraging, rising
inflation and the aftershock effects of fiscal and structural reform changes that are
affecting most mature economies. The IMF has revised predicted annual growth for
2011 at 4%,1 down 0.3% on previous predictions.2 The extent of this slowdown is
perhaps more intense than initially imagined with Markit’s August PMI data indicating
that the growth of the global economy has eased to its slowest since the recovery
began two years ago, with developed markets growth rate at the second slowest
monthly-pace since the recovery started and emerging market output expanding
at the slowest pace since May 2009. Weak international trade and low domestic
demand are also affecting both emerging and mature economies.3
Growth economies (Brazil, Russia, India and China, Indonesia, Korea, Mexico
and Turkey) are expected to weather this slowdown more robustly than mature
economies with long-term predictions suggesting that world GDP will be positively
boosted by around $16 trillion US dollars by the combined nominal GDP increase
of those countries equal to a fourfold increase on the USA and double the increase
of the USA and Eurozone combined. In particular, China is expected to account for
around half of this prospective growth. 4
The OECD, however, confirms the overall stall in development, predicting that
economic growth in G7 economies excluding Japan will remain at an annualised rate
1. IMF, Global Growth Hits Soft of less than 1% in the second half of 2011. Although Japanese activity contracted
Patch, Expected to Rebound, in August at the most rapid pace since May, reconstruction efforts following the
17th June 2011
2. IMF, World Economic Outlook,
natural disasters in Japan are expected to fuel growth in this particular area in spite
September 2011 of new export business declines.5 6 Other large exporting nations such as China and
3. Markit, Global economy Germany also reported lower new export business rates. 7
making lacklustre progress
in Q3 2011, 06th September
2011 Further to a four consecutive months’ decline, the OECD Composite Leading
4. Goldman Sachs, Viewpoints Indicators (CLIs) for July suggest that the future outlook reveals a slowing pace of
from the office of the Chairman,
Friday 16th September 2011 recovery. CLIs, however, confirm a more positive outlook for Japan indicating a
5. OECD, Economic growth per- possible turning point ahead, but confirm that a further slowdown is to be expected
spectives weakening as recov-
ery slows, OECD says, in Canada, France, Germany, Italy, the UK, Brazil, China, India and the USA.8 Markit
08 September 2011
confirms that rates of cross-industry out-put have reached trough points in most
6. Markit,footnote 3
economies with the US at a two-months low, the Eurozone at its weakest in the past
7. Ibid
two years, the UK at its slowest since May 2009, India at a 27 months low, China at
8. OECD, Composite Leading
Indicators (CLIs), OECD, Sep- a 28 months trough and the first fall in output in Brazil in the past two years. 9
tember 2011
9. Markit, footnote 3 An important indication of the outlook of global businesses is their intention to invest
10. OECD, Governments must in new staff. The OECD’s latest Employment Outlook found some improvement
act on rising long-term
unemployment and youth in hiring, reporting that in mid 2011 the number of unemployed in the OECD area
joblessness, 15th September
had declined to just over 44 million. In the USA, however, the proportion of the
11. lbid
unemployed who have been out of work for more than a year has tripled to a record
high of over 30 10 and youth unemployment in the OECD area is particularly worrying
at 17.4%. 11
Regus Business Confidence Index | Job opportunity knocks despite confidence dip | Issue 5 | October 2011 | Page 5
6. The Regus Business Confidence Index
As emerging economies continue in their path to growth wary of falling into the
same mistakes made by developed economies prior to the global recession, the
fifth edition of the Regus Business Confidence Index has found that global business
optimism is, like global economic growth, finding the path to full recovery more
difficult that envisaged just a few months ago. Although revenue and profit growth
remain largely unvaried, with 51% of companies reporting revenue growth now
and 50% in April 2011, and 42% of global firms reporting profit growth compared
with 41% six months ago, a significant proportion of businesses have revised their
expectations for revenue growth and the full momentum of recovery negatively. 71%
of businesses expect revenue growth compared to 77% six months ago and while
in April 54% of businesses expected to wait six months for the full momentum of
recovery to take place, now 65% expect to wait another semester.
In order to provide business leaders and firms globally with a more complete and
up-to-the-minute overview of their peers’ outlook for the coming year the Regus
Business Confidence Index Report analysed the opinions of over 12,000 business
managers and business owners from 85 countries. In addition to enquiring about
revenues and profits over the past year, and about their revenue expectations for the
next 12 months, the report also analysed the effects of trading on an international
rather than a national scale on business confidence and differences between levels
of optimism between small and large businesses. In particular, as intentions to hire
can be seen as a positive indicator of expected growth, as businesses invest in their
most important resource, people power, the report also surveyed the intentions to
hire particular groups of workers in the coming two years.
Growth expectations
As instability continues to blight the global economic outlook in the form of
government fiscal reform, market and currency volatility, it is not surprising to find that
growth has slowed and with it the expectations of global business. Although results
for revenue and profit growth are largely unaltered at a global level, most economies
such as UK and USA report a slight decline in revenues and slightly fewer firms even
in emerging economies such as India and China report revenue growth. Notable
exceptions are France and Mexico. Canada remains fairly stable and is reported to
expect some slight growth in the coming year.12
12. The Telegram, Mild economic
growth predicted for country,
19th September 2011
Regus Business Confidence Index | Job opportunity knocks despite confidence dip | Issue 5 | October 2011 | Page 6
7. Firms reporting revenue growth in April and September 2011
70%
60%
50%
40%
30%
20%
10%
September 2011
April 2011
0%
il y a a ce a ge a ca s
UK n
az an in di ali iu
m ad fr i nd ico US
A
pa
Br Ch In an str ra an r la ex Ja
er
m Fr
Au B elg Ave C S .A
he M
G al t
ob Ne
Gl
Companies reporting profit growth have increased since April 2011 in developed
economies with France, Germany and Japan showing improvements. The proportion
of companies reporting profit growth has, however, worryingly declined even in
emerging markets such as China where rising inflation and government concern over
excessive speed of growth have affected the outcome.13
13. The Financial Times, China’s
challenge: drive growth without
inflation, 22nd August 2011
Regus Business Confidence Index | Job opportunity knocks despite confidence dip | Issue 5 | October 2011 | Page 7
8. Profit growth in April and September 2011
70%
60%
50%
40%
30%
20%
10%
September 2011
April 2011 0%
y il a a lia a ce ge ds ca m A n UK ico
an az di in
tra ad an ra lan fr i iu US pa ex
Br In Ch n Fr lg Ja
er
m
Au
s Ca ve er S.A Be M
G lA th
ba Ne
G lo
The Regus Business Confidence Index
The Regus Business Confidence Index presents a view of global Business Optimism
in every edition. Its benchmark average was set at 100 in the first publicly published
edition of in September 2009. This index is a measurement formed on an aggregate
of positive statements combining year-to-date revenue and profit trends with views
on the timing of the full momentum of economic recovery and aims to provide
businesses across the globe with a barometer of business confidence and expected
growth.
As expected, the current instability in the world economic and political environment
has affected the outlook of businesses bringing their levels of confidence down from
their bullish April 2011 levels. Globally the index has receded fully 11 points since
April and all countries show a decline in confidence except for Brazil, Germany and
India. It is important to note how China, although its economy is reported to remain
on solid footing by the IMF, has fallen 27 points in confidence.14 While mature
14. IMF, IMF Executive Board economies such as the UK, the Netherlands, Canada, Japan and Belgium, have
Concludes 2011 Article IV
Consultation with People’s
mostly fallen over 20 points the USA stands out for an almost 30 point drop (29) in
Republic of China, 20th July spite of the proposed US government’s debt ceiling rise and phased approach to
2011
spending cuts aimed at supporting growth.15
15. The Washington Post, House
votes to formally disapprove
of debt ceiling hike, 4th
September 2011; NASDAQ,
US Senate Starts Process For
2nd Debt Ceiling Boost, 8th
September 2011
Regus Business Confidence Index | Job opportunity knocks despite confidence dip | Issue 5 | October 2011 | Page 8
9. Business Confidence Index in April and September 2011
Brazil
India
Germany
China
South Africa
Canada
Australia
Global Average
Belgium
France
Mexico
Netherland
Japan
USA
September 2011
UK
April 2011
0 20 20 40 60 80 100 120 140 160
Regus Business Confidence Index | Job opportunity knocks despite confidence dip | Issue 5 | October 2011 | Page 9
10. New job creation
A very positive indication is given by the fact that across the board more than half
of global respondents declare they intend to hire more staff in the next two years. A
year ago, in September 2010, only 45% of companies globally planned to hire more
staff. Now this proportion has reached an overwhelming 64% with peaks of 85% of
firms in Brazil, 76% in Mexico, 70% in India and 72% in buoyant Germany.
Plan to hire more new employees
Brazil
Gemany
India
S.Africa
China
Australia
Global Average
Canada
USA
Mexico
Japan
Netherlands
UK
France
September 2011
Belgium
April 2011
0 20 40 60 80 100
Businesses were also asked to define what type of workers they would be hiring in
the year 2011-2012, and it was found that globally nearly half of firms (49%) plan
to hire freelancers, two fifths (40%) to hire remote workers and half plan to hire new
graduates. While this is obviously a good indicator for youth unemployment, country
by country variations suggest that in developed economies the market for new
graduates remains small with only 30% of firms planning to hire this type of employee
in the coming year in the UK and Japan and 37% in the USA. In Mexico, Brazil and
India intentions to hire new graduates reflect the positive growth outlook with over
70% of firms declaring they will hire workers from this group, but also suggest that a
process of replacement is taking place with businesses looking to develop new sets
of skills and update their sectors intellectaully.
The evident intention of firms globally to focus on hiring more flexible types of
staff, such as freelancers and remote workers, confirms that businesses globally
are playing it safe and investing in growth while not committing to expensive
overheads in terms of office space and equipment requiremements. As freelance
Regus Business Confidence Index | Job opportunity knocks despite confidence dip | Issue 5 | October 2011 | Page 10
11. and remote staff tend to work away from the hiring companies location and with
their own equpiment, firms can safeguard their capital and make more agile types of
investment.
Interestingly it is not only developed economies that are struggling to achieve
sustainable growth that are opting for these flexible types of work arrangements
but emerging economies seem to be keen to avoid the mistakes made by western
economies before the previous recession and are trying to remain rapidly scalable
even in terms of staff and office space. In particular Mexico, Brazil and India with
their high proportion of firms planning to employ freelance and remote staff are an
excellent example of this trend.
Types of workers planned to hire in 2011-2012
90%
80%
70%
60%
50%
40%
30%
Freelance
20%
Remote workers
Foreign staff 10%
New graduates
0%
il ca a a e ds y lia a
ico az fr i di ad ag an US
A
iu
m ce in pa
n
UK
ex Br In n er lan m lg tra an Ch Ja
M S.A Ca Av er er Be Au
s Fr
l th G
ba Ne
G lo
Optimism and business size correlation
The Business Confidence Index reveals a strong variation between the confidence
levels of small firms and large businesses. Globally large businesses are 19 points
more confident than their smaller counterparts with only small and large firms in
China, Australia and Japan showing a more similar outlook. In India, Brazil and
the Netherlands in particular, differences between small and large businesses are
16. http://www.cafebabel.co.uk/
article/29090/eu-enterprise-
enormous, suggesting that measures taken to boost the economy in these countries
network-businesses-small- are uneven and need to focus more on supporting growth for small firms which
medium.html
represent 99.2% of Brazilian businesses and, in Europe, employ around 66% of the
17. SME Loans in Brazil: Making
way for large private-sector population. 16 17
banks, Business News
Americas, June 2010
Regus Business Confidence Index | Job opportunity knocks despite confidence dip | Issue 5 | October 2011 | Page 11
12. Large and small company index variation
Brazil
Germany
India
USA
Australia
Netherlands
Mexico
UK
Global Average
China
Canada
France
Belgium
S.Africa
Small companies
Japan
Large companies
0 20 40 60 80 100
In spite of this more small business (64%) intend to hire in the next two years than
large businesses (59%) highlighting that while their expectations for the recovery and
their results are not as buoyant as those of large businesses they remain positive
in their intentions to find opportunities for growth, albeit without taking undue risks.
For these reasons we find that more small businesses globally plan to hire freelance
staff (54%) than large businesses (34%) and that the same trend is found for remote
staff which 42% of small businesses plan to hire, compared with a third of large busi-
nesses (33%). By contrast large businesses are keener to hire graduates (60%) than
small businesses (46%).
More small businesses than large intend to hire in the next two years in emerging
economies such as China (68%), Mexico (77%) and South Africa (70%) as well as
Japan (66%), where reconstruction work at a national level is likely to provide an
increase in employment. A greater proportion of large companies will be hiring foreign
staff (39%), particularly in Germany (59%) and Mexico (56%). Interestingly, although
large German firms plan to hire foreign staff they are less likely than average to hire
remote workers (17%).
Small companies show a greater interest in remote working and particularly emerging
economies will be driving this trend. Remote working is expected to boom in Mexico
where 63% of small companies will hire remote workers and Brazil (61%). More
than half of small Chinese companies (54%) will also choose remote workers to
increase their headcount without increasing overheads. Similarly freelance working is
predicted to become increasingly popular among small firms in emerging economies
Regus Business Confidence Index | Job opportunity knocks despite confidence dip | Issue 5 | October 2011 | Page 12
13. planning to remain lean as they grow with Brazil, South Africa, Mexico and India
revealing higher than average proportions of small firms intending to hire freelance
staff.
Interestingly, unemployment is reported by the IMF to be a particularly pressing issue
in South Africa where it now stands at some 24%. In particular lack of alignment
between skills and available jobs as well as large distances between population
centers and where businesses are located are quoted as challenges. With 60% of
small South African businesses planning to hire freelance staff and 38% increasing
headcount through remote workers it would seem that flexible working practices
could be set to bring about significant improvement to the employment situation in
South Africa.18
Large and small company intentions to hire
Brazil
Germany
India
USA
Australia
Netherlands
Mexico
UK
Global Average
China
Canada
France
Belgium
S.Africa
Large companies
Japan
Small companies
0 20 40 60 80 100
18. IMFdirect, South Africa’s
Unemployment Puzzle, 4th April
2011
Regus Business Confidence Index | Job opportunity knocks despite confidence dip | Issue 5 | October 2011 | Page 13
14. Small Business Large Business 19
Freelance Remote Foreign New Freelance Remote Foreign New
staff workers staff Graduates staff workers staff Graduates
Global Average 54% 42% 29% 46% 34% 33% 39% 60%
UK 42% 29% 18% 25% 29% 39% 43% 46%
USA 50% 43% 21% 30% 32% 50% 49% 59%
France 48% 34% 28% 51% 25% 44% 34% 56%
Germany 56% 16% 30% 35% 31% 17% 59% 57%
India 62% 48% 31% 78% 36% 38% 38% 85%
China 46% 54% 38% 59% 34% 26% 24% 66%
Belgium 51% 38% 38% 54% 42% 13% 38% 50%
Netherlands 52% 51% 22% 40% 33% 50% 33% 67%
Brazil 64% 61% 26% 74% 31% 44% 31% 87%
S.Africa 60% 38% 28% 44% 40% 20% 0% 20%
Japan 47% 35% 35% 26% 23% 29% 63% 40%
Australia 47% 37% 30% 32% 34% 29% 52% 68%
Canada 53% 43% 24% 29% 38% 29% 33% 62%
Mexico 81% 63% 32% 71% 41% 41% 56% 81%
The benefits of international trading
In developed economies we see a definite trend develop distinguishing firms that
trade nationally and those that sell their products or services internationally. In
western and mature economies with the exception of the Netherlands, where GDP
is expected to expected to decline slightly to 1.5% over 2011–12,10,20 firms trading
internationally are at least 10 points more confident than those that only work
nationally. In Australia and Belgium the difference is even more marked with around
index points separating these businesses. In Belgium in particular the slowdown of
the euro area will affect GDP growth and businesses trading nationally and within the
EU.21
Emerging economies, which unlike developed economies are seeing increasing
19 Small businesses are taken consumer spend and national infrastructure investment, are less reliant on export
to be those with fewer than
50 employees and large markets to boost their confidence levels. In India, South African and Brazil for
businesses those employing example there is very little difference in confidence levels between firms that trade
over 250 staff
20. IMF, Kingdom of the
internationally and those that do not, while in China the trend is taken to exasperation
Netherlands—The Netherlands with international companies faring less well than national firms. The increasing shift
2011 Article IV Consultation:
Preliminary Conclusions, 28th of focus from export economy to national infrastructure development in China is
March 2011
probably accountable for this buoyant national market. Mexico is an exception to the
21. IMF, IMF Executive Board
Concludes 2010 Article IV emerging markets and with international firms 25 points more confident than those
Consultation with Belgium, 4th that only trade nationally.
April 2011
Regus Business Confidence Index | Job opportunity knocks despite confidence dip | Issue 5 | October 2011 | Page 14
15. Index for national trading and international trading businesses
Brazil
Mexico
China
Germany
India
S.Africa
Japan
Global Average
Australia
USA
Canada
Netherlands
UK
France
National Belgium
International
0 20 40 60 80 100
Hiring prospects are also higher among companies that trade internationally
with 68% of these reporting they intend to hire more staff in the next two years
compared to only 61% of firms that only sell their products or services nationally.
In Australia, for example, where unemployment is expected to remain below 5% in
2011-2012 it appears that international firms will be doing the lion share of hiring.22
Firms in emerging economies plan to hire more staff whether they trade nationally
or internationally with over 70% of international and over 65% of national firms
in Mexico, South Africa, Brazil and India planning to increase headcount. China
confirms its role as an exception with more national (72%) trading companies
intending to hire new staff than international companies (55%).
22. IMF, Australia- 2011 Article
IV Consultation Concluding
Statement, 1st August, 2011
Regus Business Confidence Index | Job opportunity knocks despite confidence dip | Issue 5 | October 2011 | Page 15
16. National and international business’ intention to hire
Brazil
India
Germany
China
South Africa
Global Average
Canada
Australia
France
Belgium
Netherland
Japan
Mexico
USA
Large companies
UK
Small companies
0 20 20 40 60 80 100
As for the type of worker they are planning to hire, international companies are more
likely to hire new graduates, remote workers and foreign staff. In particular over 70%
of international companies in Mexico, Brazil and India plan to hire more new gradu-
ates in the next two years, suggesting that a need for new skills is felt by these firms.
International firms in emerging economies are also more likely to invest in foreign
staff further confirming a need to acquire new sets of skills that are not available in
the country at the moment. More than half of international companies in all emerging
economies except for China and India plan to hire foreign staff. Interestingly 52% of
USA firms also plan to increase headcount with foreign staff suggesting that there is
the intention to grow overseas markets.
Regus Business Confidence Index | Job opportunity knocks despite confidence dip | Issue 5 | October 2011 | Page 16
17. The fact that international firms in emerging economies are also more likely to hire
remote staff (67% in Brazil, 66% in Mexico, 44% in South Africa) would confirm the
intention of large businesses in these economies to remain nimble even as they
expand on the international stage. National trading firms in emerging economies
follow suit with over 60% planning to employ freelance staff rather than 9-5 workers.
Trade Nationally Trade Internationally
Freelance Remote Foreign New Grad- Freelance Remote Foreign New
staff workers staff uates staff workers staff Graduates
Global Average
50% 38% 21% 47% 47% 44% 49% 53%
UK 36% 25% 10% 25% 43% 39% 39% 37%
USA 46% 40% 12% 32% 48% 52% 52% 46%
France 45% 31% 21% 51% 43% 38% 42% 54%
Germany 52% 10% 20% 37% 46% 19% 48% 45%
India 61% 51% 23% 79% 46% 42% 43% 83%
China 45% 46% 31% 63% 29% 36% 36% 56%
Belgium 39% 33% 33% 50% 46% 26% 45% 50%
Netherlands 49% 46% 16% 33% 48% 60% 43% 55%
Brazil 60% 58% 24% 76% 46% 67% 57% 76%
S.Africa 61% 32% 16% 38% 50% 44% 50% 53%
Japan 40% 28% 30% 29% 37% 39% 55% 32%
Australia 40% 33% 21% 41% 51% 40% 60% 39%
Canada 42% 36% 5% 34% 58% 47% 56% 44%
Mexico 78% 57% 25% 74% 70% 66% 56% 72%
Regus Business Confidence Index | Job opportunity knocks despite confidence dip | Issue 5 | October 2011 | Page 17
18. Country highlights
Country Revenue rise Profits rise Expect recovery in Intention to Intention to hire Intention to
second half of 2012 hire freelance staff hire remote
staff
UK 36%- 53% of 28% 62% 54% 39% 31%
large busines-
ses
USA 40% 34% 61% 59%- 68% of 47% 44%
international
businesses
France 53%- 63% of 42% 45% 52% 44% 34%
international
businesses
Germany 68% 63% 19% 72% 48%- 56% small 16%
businesses
China 64% 55% 32% 66%- 72% 40% 43%
national
businesses
India 63% 59% 7% 70% 53%- 62% small 46%
businesses
Belgium 52% 37% 38% 49%- 55% 45% 27%
small
businesses
Netherlands 47% 39% 49% 56% 48% 51%- 60%
international
businesses
Brazil 68% 61% 10% 85% 59% 59%-67%
international
businesses
South Africa 49% 38% 28% 68%- 40% 57% 36%
large
businesses
Japan 30% 28% 43%- 47% 58% 39% 33%
international
businesses
Australia 53% 44% 36% 64%-76% 44% 36%
international
businesses
Canada 51% 42% 36% 62%- 73% 50% 41%
international
businesses
Mexico 41% 25% 34% 76% 76% 60%-66%
international
businesses
Regus Business Confidence Index | Job opportunity knocks despite confidence dip | Issue 5 | October 2011 | Page 18
19. Conclusion
Globally, business confidence has dropped over the past six months indicating
that the worldwide economic outlook has somewhat worsened. The proportion
of companies reporting revenues and profit growth has close to stalled and
expectations for the full momentum of recovery have slipped to the second half of
2012. With business confidence depressed across the board and only maintaining
growth in a handful emerging economies and Eurozone giant Germany, it is still
very encouraging to find that prospects for employment in the next two years are
improving.
Within this bleak environment businesses reveal that they are still actively looking
for opportunities to grow and doing so by investing in their most valuable asset:
intellectual capital in the form of excellent staff. While emerging economies are
more likely to be experiencing a cultural shift with new graduates destined to take
an increasingly important role in their businesses, developed economies do not shy
away entirely from this set of workers.
Significantly both emerging and mature economies show an important shift in
working practices with remote and freelance working becoming an increasingly
popular solution to increase headcount while remaining flexible and rapidly scalable.
In particular the report shows that firms that are active internationally will make
greater use of remote workers in the coming two years, allowing them to increase
their presence in target markets without investing in expensive premises and
equipment.
While developed economies are likely to have learnt the need for more nimble and
agile approaches to growth as a result of the recent recession, it is interesting to note
that emerging economies, although they did not experience this directly, are aware
of this precedent and are showing that they plan to opt for a more flexible growth
strategy right from the outset.
Finally, the research would suggest that smaller businesses, that are lagging behind
in confidence, but are still keen to hire more freelance staff could benefit from trading
internationally as international companies are seen to be faring far better than
national businesses. By taking advantage of flexible solutions already available on
the market it is possible for even very small operations to establish a presence in
their target markets without making lengthy premises or equipment commitments
and allowing them to expand or withdraw without difficulty depending on market
conditions.
Regus Business Confidence Index | Job opportunity knocks despite confidence dip | Issue 5 | October 2011 | Page 19
20. Methodology
Over 12,000 business respondents from the Regus global contacts database were
interviewed during September 2011. The Regus global contacts database of over
1 million business-people worldwide is highly representative of senior managers
and owners in businesses across the globe. Respondents were asked about their
recent revenue and profit trends, along with their future views on a number of issues
including plans for hiring particular workers over the next two years. The survey was
managed and administered by the independent organisation, MindMetre -
www.mindmetre.com.
Regus Business Confidence Index | Job opportunity knocks despite confidence dip | Issue 5 | October 2011 | Page 20
21. Whilst every effort has been taken to verify the accuracy
of this information, Regus cannot accept any responsibility
or liability for reliance by any person on this report or any of the
information, opinions or conclusions set out in this report.