December 14, 2022
About half of the employers admit that they have little to no optimism about the state of the global economy and the employment opportunities that may result in the next two to five years given the current war situation in Europe, the energy crisis, and inflation. But 26% of Portuguese employers go with their gut, and 25% even express excitement. Despite the uncertain economic outlook, there are still no significant signs of a slowdown in hiring for the year 2023: 82% of employers plan to make hires. However, the annual report from Hays finds that professionals are becoming less and less willing to change jobs.
“Portuguese companies want to continue strengthening their structures very similarly to 2022 despite the challenges that the world is experiencing at the time of this edition’s conclusion, including the conflict in Ukraine, a potential energy crisis, and the already widely-discussed challenges in the production and distribution chain. A statement made by Paula Baptista, managing director of Hays Portugal, is reported in the paper as saying, “A clear evidence that, after a pandemic catastrophe, virtually little alarms us or surprises us anymore.
However, she cautions, “We will need to be able to navigate a labor market that is fully in transition, where fewer and fewer qualified professionals show interest in changing jobs.”
Of the 800 organizations who participated in the consultancy survey, 82% anticipate hiring in the upcoming year. The figure is comparable to those seen in years of economic growth like 2018, 2019, and 2020, but it is down slightly by two percentage points from the record figure seen in 2022, the year in which recruitment resumed after the pandemic’s initial uncertainty.
Employers who anticipate hiring in 2023 say they will do so with 81% planning to hire permanent workers and 17% expecting to do so with temporary workers. Only 7% will choose independent contractors and freelancers. These hiring strategies, though, might be difficult for Portuguese companies to implement.
“In a market where there has historically been a dearth of qualified talent on a global scale, 2023 should mark the continuation of a decline in the interest among professionals in changing jobs. Despite the fact that 70% of professionals express a willingness to change, this number is down four percentage points from the year before and is on a downward trend that started in 2022. The report states, “To find a percentage as low as the one suggested for 2023, one must look back to 2019.”
According to Hays, the occupations that employers will be looking for the most in 2023 are IT profiles (30%), engineers (28%), sales (26%) and administrative/support (17%).
Administrative and support profiles moved up this year to the fourth position of the table, surpassing the marketing and communication profiles, while the first three saw a slight decline in recruitment intentions compared to the prior year. Additionally, compared to last year, the financial, logistics/supply chain, and customer support profiles are slightly higher.
The consultant in the document speculates that “the fact that enterprises with shared services centers in Portugal show substantially greater recruitment intentions than the others (89% vs 79%), may help explain this surge in demand for administrative, financial, and customer support profiles.”
Mechanical engineering, industrial engineering and management, electrical engineering, civil engineering, and industrial and quality engineering will be the most in-demand engineering specialties. Environmental engineering has also cracked the top 10 list of employers’ preferences this year, nearly doubling the numbers from the prior year.
Source: Econews.pt
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