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Randstad/TNS OBOP: stable employment outlook


2012-05-18



Seventeen percent companies in Poland plan to add new jobs during the next six months, according to a new wave of a tracker poll of 300 employers by Randstad and TNS OBOP. This is down by four points from six months earlier. However, the number of businesses expecting to shed jobs over this period declined by a similar amount, to 13%, and the share of firms planning to maintain employment at current levels increased by eight points to 65%. According to the report’s authors, the findings suggest that the situation in the labour market is starting to look somewhat more optimistic and less uncertain for those currently in work.

The outlook for hiring varies considerably between sectors. The highest percentage of firms planning to hire new workers was found in transport, warehousing and communication (32%), but this sector also has the highest share of firms expecting to reduce headcount (29%). At the other extreme are “other service activities”, where all of the surveyed firms said they would keep staff levels unchanged. A fifth of the companies in trade and repairs say they will add jobs in the next six months, followed by real estate and business services (18%) and manufacturing (17%).

At the same time, there was a substantial decline in the number of companies expecting to increase wages over the next six months, to 14% from 24%, with 77% of the surveyed firms anticipating no change, up from 66%, and just 3% saying they would cut wages, down from 4%.

Meanwhile, employers’ views about the general economic outlook improved noticeably after tumbling in the previous editions of the survey. Thus the proportion of firms predicting the economy to grow during the next six months rose to 19% from 11%, while the number of those expecting it to slip into recession nearly halved to 15% from 28%. A majority still expect stagnation (57%, up from 53%).

The latest survey also gauged employers’ expectations about the impact of Euro 2012. It shows that more than two thirds (70%) of Polish firms reckon the tournament will have a positive effect on the country’s labour market, but that there is almost universal agreement that any impact will be short-lived (97%).

The survey was conducted between 13 and 26 April 2012 among companies employing 10 and more people.

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