The job market for executives remains “very dynamic”, without “doubling” at this stage, and 2022 could be a record year in terms of hiring, Apec said on Monday. “At this stage, despite the context we are familiar with – the war in Ukraine, the energy crisis, inflation – we are not seeing any change,” Apec Deputy Director General Lætitia Niaudeau told a news conference. .
About 1,000 more hires in 2022 than in 2019
For the fourth quarter, hiring intentions “bounce” in large structures and SMEs and remain stable in VSE, according to a barometer of the entity.
The Association thus estimates that 2022 could lead to “282,000 hires” with indefinite and fixed-term contracts of one year or more, although the exact balance will not be known until spring. For 2023, on the other hand, Apec judges that it is too early to make forecasts but, Ms. Niaudeau indicated, “it is difficult to imagine that the entire current context will not have any impact in the coming months, but when and at what level It’s hard to say.”
Strong concerns about purchasing power
In this favorable context, 54% of managers think that changing companies is an opportunity (46% a risk) and in September 2022, 46% were “waiting for the labor market”. But only 13% intended to change companies in three months (a rate that has generally remained stable since March 2021), ruling out, according to the Apec head, the idea of ”a mobility frenzy.”
However, concerns about their purchasing power could encourage executives to be more demanding with their remuneration, according to Apec. In October, 71% said they were concerned about this point (including 18% who were very concerned), up from 62% in August. In September, 84% of companies anticipated difficulties in recruiting executives in the fourth quarter, difficulties that do not spare territory.
Source: BFM TV
