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Russia is in the Top Ten Leaders for Hiring Activity

Russia is in the Top Ten Leaders for Hiring Activity

While Europe is facing a significant decline in recruitment activity, Russia confidently remains among the world leaders in terms of recruitment. According to the results of the Global Hiring and Firing Trends survey conducted by Antal Russia and Antal International, Russia has stayed in 8th place.

Over the last year, hiring activity across the world has reduced considerably. In April 2012, research found that 55% of organisations were recruiting, but by August this figure had dropped to 51%. At the close of 2012, the figure had dipped even further to 47%.

Despite the global trend, demand for highly qualified professionals remains consistently high in Russia. Approximately 63% of companies were looking for middle and senior managers in December 2012, and 62% plan to hire at managerial level over the first quarter of 2013. Furthermore, the decline of firing activity also signifies the stability of the labour market. At the end of 2012 the number of companies letting managerial staff go was 34%. In the first quarter of 2013, this figure is expected to drop to 28%.

Traditionally, the most in-demand specialists are sales and marketing managers. Around 60% of companies intend to hire these professionals in 2013. About 25% of employers are interested in experts in supply chain management and production, and 22% are noticing the lack of accountants and tax specialists.

According to the survey, the highest demand for managers will be seen in the pharmaceutical, manufacturing and banking sectors.

“The developed Western economies are going through a recession and therefore, many foreign companies have turned their attention to emerging markets, including Russia. Here they see the potential for growth and the ability to indemnify. Russian companies are also actively developing and constantly in need of professionals,” says Michael Germershausen, Managing Director at Antal Russia.

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