Talent Neuron City Spotlight – Porto
(Executive Summary)
July 2013
This report is solely for the use of Talent Neuron clie...
Talent Neuron Copyright and Disclaimer
Copyright
The material in this report is copyrighted. No part of this report prepar...
1 Porto– Snapshot
2 Porto– Installed Talent Pool
3
Porto– Fresh Talent Pool
(Available in Full Report)
4
Porto– University...
Zinnov 4Source : Zinnov research and Analysis, Statistic Institute Turkey, Investment agencies, News articles; Economist I...
Zinnov 5
70% 74%
17% 18%
13% 9%
Fresher Experienced
Food Social Contribution Gross Salary
Source : Talent Neuron, Country ...
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Source: Talent Neuron Research and Analysis
520+ Cities
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Talent Neuron City spotlight - Porto

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Porto is the second largest economic center for Portugal

Companies like Altri, Ambar, Amorim, Bial, Cerealis, BPI, CIN, EFACEC, Frulact, Lactogal, Millennium bcp, Porto Editora, Grupo RAR, Sonae, Sonae Indústria, and Unicer, are headquartered in the region

As per employment law, maximum working hours per day is 8 hours. 25% as overtime payment.

9 Public Holidays and 22 Paid vacations for employees

Published in: Technology, Business
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Talent Neuron City spotlight - Porto

  1. 1. Talent Neuron City Spotlight – Porto (Executive Summary) July 2013 This report is solely for the use of Talent Neuron clients and Talent Neuron Subscribers. No part of it may be circulated, quoted, or reproduced for distribution outside the client organization without prior written approval from Talent Neuron. 1
  2. 2. Talent Neuron Copyright and Disclaimer Copyright The material in this report is copyrighted. No part of this report prepared by Talent Neuron can be reproduced either on paper or electronic media without permission in writing from Talent Neuron. Request for permission to reproduce any part of the report may be sent to info@talentneuron.com. Customers are welcome to use an unlimited number of copies of the materials contained within this report. Furthermore, customers may copy any graphic herein for their own internal purpose. Talent Neuron requests only that members retain the source name/logo mark on all pages produced. Please contact our Talent Neuron account manager at +1-408-716-8432 for any help we may provide. The report herein is the property of Talent Neuron (A Zinnov LLC Company). Beyond the membership, no copyrighted materials of Talent Neuron may be reproduced without prior approval. Disclaimer All the information contained in this report is obtained through proprietary technology aggregation algorithms, human experts, network of domain experts, discussions with industry leaders, public and confidential information sources believed to be reliable. Talent Neuron makes no representations or warranties regarding the errors, omissions or completeness of any information contained herein and shall have no liability for the same. The report is provided solely for informational and marketing purposes and opinions must not be construed as advice, recommendations or endorsements. The reader of the report is advised to conduct an independent evaluation and form conclusions with respect to the information provided.
  3. 3. 1 Porto– Snapshot 2 Porto– Installed Talent Pool 3 Porto– Fresh Talent Pool (Available in Full Report) 4 Porto– University (Available in Full Report) Topics Covered in the report 5 Porto– Ecosystem (Available in Full Report) 3
  4. 4. Zinnov 4Source : Zinnov research and Analysis, Statistic Institute Turkey, Investment agencies, News articles; Economist Intelligence Unit 2013 Porto - Snapshot Porto is a major urban city of Portugal Istanbul Overview City Population 1,817,172 Unemployment Rate (IT) 14.9% Attrition Rate 25.0% Working Days in a year 230 days (2300 hours per annum) Political Risk Rating Score 35 EU Membership Status Full membership (EU + Schengen) • Porto is the second largest economic center for Portugal • Companies like Altri, Ambar, Amorim, Bial, Cerealis, BPI, CIN, EFACEC, Frulact, Lactogal, Millennium bcp, Porto Editora, Grupo RAR, Sonae, Sonae Indústria, and Unicer, are headquartered in the region • As per employment law, maximum working hours per day is 8 hours. 25% as overtime payment. • 9 Public Holidays and 22 Paid vacations for employees
  5. 5. Zinnov 5 70% 74% 17% 18% 13% 9% Fresher Experienced Food Social Contribution Gross Salary Source : Talent Neuron, Country Statistics site, Industry Associations, University Websites, Industry Reports, Interview with Stakeholders and Job Portals Porto Porto has an installed talent based of 2,800 professionals Installed Talent Pool – Porto Total Compensation Break up per month Talent English/ German Language • A number of the 2nd Cycle (Master) subjects are taught in English. • International students are able to have orientation in English • Faculty of Engineering at University of Porto offers Master in Information Engineering (MEINF) and it is taught completely in English. Annual Salary Increase • Annual salary increase is 1% Social Security Contribution Social Security Contribution 23.7% Euro - 1,077 Euro - 1,628 Note: Fresher corresponds to experience of 0 years; Experienced corresponds to an experience of 3 years Note: Includes food cost of Euro 6.5 per day per employee which multiplied by 22 working days gives a total of Euro 143 per month per employee 2,800 400 300 1,550 150 400 Total Installed Talent Sofware Hardware IT Services BPO Technical Support
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  7. 7. * Details not disclosed by the company Source: Talent Neuron Research and Analysis 520+ Cities ~12,000 Unique Data Points Per City 9 Domains & 400+ Skills ~7,500 Companies & 22 Million Profiles Module 1: Talent Intelligence Module 2: Talent Analytics • Location Profiles • Talent Pool (Installed and Fresh) • Salary and Cost • University • Peer Companies • Monitor • Role Views • Job Engine • Top Brains • Public People Profiles • HR Data Consolidation • Peer Benchmarking • Decision Support Analytics • Workforce Planning • Skill Circles • Hypotheses Validation Talent Neuron Talent Neuron has two module Talent Intelligence and Talent Analytics. Our data spectrum covers 520+ cities, 9 Domains and 400+ skill sets 7
  8. 8. Talent Neuron, gathers data from multiple sources Data Mining from Connectors Job Sites Company Career Sites Social Media/ Public Profiles Patent Databases Community Sites Technology Contributor List Universities Publication/ Journal Databases Survey Data from Companies Data from Govt./ Industry Bodies Data from Local Recruitment Companies Data on City level suitability & Ecosystem Correlated data on Talent, Cost, Peer companies Talent Neuron Primary Research & Interviews News Articles & Public Data – Crawling Engine 8

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