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Randstad/TNS OBOP: stagnant hiring plans as companies grow gloomy about growth


2011-04-01



Twenty-four percent of companies in Poland plan to add new jobs during the six months to the end of September 2011, according to a new wave of a tracker poll of 300 employers by Randstad and TNS OBOP. This is unchanged from three months earlier. The number of businesses expecting to shed jobs over this period fell by three points to 11%, whereas the share of firms planning to maintain employment at current levels rose by seven points to 62%.

The outlook for hiring is best among large companies (38% of respondents planning to add jobs). Geographically, job creation is likely to be strongest in central Poland (36%). In terms of sectors, industries with the highest percentages of firms planning to increase employment are “other services” (34%), trade and repairs (33%) and transport, logistics and communication (32%). However, in the latter sector, an identical number of firms reported plans to cut jobs, higher than in any other industry. Next in line were “other services” (17%) and manufacturing (13%). As before, the survey shows that employment prospects are brightest for production and sales workers.

Meanwhile, the number of companies expecting to increase wages over this period fell to 23% from 29%, with a clear majority (66%) anticipating no change. Wage rises are more likely at big companies (32%), but any increases are set to be modest (73% of those planning wage rises said they would not exceed 5%, including 31% who said they would at best reflect inflation).

At the same time, employers’ views about the general economic situation grew decidedly gloomier, with the number of firms predicting the economy to slip into recession during the next six months jumping to 20% from 13%, and the share of those anticipating economic stagnation up by six points to 47%. The number of firms expecting the economy to grow during this period plunged to 24% from 37%.

The survey was conducted between 9 and 17 February among companies employing 10 and more people.



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