Zürich, 09. January. The war for talent on the Swiss job market is intensifying. Companies are investing significantly to attract and retain well-trained professionals. This is good news - especially for specialists. The Swiss Job Index and the Confidence Index of PageGroup provide 6 reasons why you can look optimistically into the Swiss labor market in 2018:
- Advertised jobs have grown +25.3% year-on-year (December 2016 – December 2017): According to the Michael Page Swiss Job Index (December 2017), this is the second year in a row that advertised jobs have shown a positive double digit growth.
- Candidates have never been more optimistic: According to the PageGroup Confidence Index (Q4 2017), the confidence of job seekers has reached its highest level in the third quarter 2017 and stayed at that level during fourth quarter 2017. 53% of candidates are confident about improving their overall professional situation over the next 6-12 months.
- Interim and temporary jobs grew by 15.3% year-on-year (December 2016 – December 2017): According to Jérôme Bouin, Managing Director of PageGroup Switzerland, the good news about this is that “many interim jobs translate into full-time jobs”.
- Demand exceeds supply for many specialist jobs: IT, Pharma, Engineering. According to Jérôme Bouin, “we already see this trend continuing in 2018 – especially as the digitalisation in the industrial sector grows”.
- Companies are investing in sales jobs. The higher the investment in sales jobs, the greater business leaders confidence in increased demand and revenue streams. Advertised jobs in sales grew by 11% year-on-year across Switzerland – especially in specialist fields such as pharma, med-tech and IT.
- All regions show strong growth in advertised jobs: Double digit year-on-year growth was seen in advertised jobs across all regions led by –the Mid (BE, FR, JU, NE, SO) with 38.4% and 33.6% in the North region (AG, BL, BS).
“With strong growth across so many sectors there is every reason to be positive about the demand for specialists in 2018”, said Jérôme Bouin, Managing Director of PageGroup Switzerland
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Michael Page
Michael Page is a leading brand of the PageGroup, one of the world's pre-eminent professional recruitment consultancies. Listed on the London Stock Exchange (“PAGE”), PageGroup was established in Switzerland in 2001. The Michael Page team works closely with its clients to identify and place the best candidates for management positions. It also collaborates with PageGroup’s other operational brands to ensure that all client needs are met. This includes Page Personnel (graduates and first level specialists), and Page Executive (senior and executive management). Page Group has more than 152 offices worldwide including three Swiss offices in Zurich, Geneva and Lausanne.
Michael Page Swiss Job Index
The Michael Page Swiss Job Index measures the number of advertised vacancies on company sites throughout Switzerland. Introduced in January 2012, the Swiss Job Index provides a unique, comprehensive overview of the Swiss labour market and the most important monthly trends.
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Michael Page is a brand of “Michael Page International (Switzerland) SA”.
