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For more information, please contact:
Machteld Merens/Jan-Pieter van Winsen
Telephone: + 31 20 569 5623
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Randstad Workmonitor results wave 4, 2011: Employee outlook for 2012 shows a mixed picture
In most countries around the globe employees feel slightly positive about 2012, according to the latest Randstad Workmonitor. In 21 of the 30 countries surveyed, employees expect to have more disposable ine pared to 2011. But only in a bit more than half of the countries (18 out of 30), respondents feel their employer is entering a better year financially pared to 2011. With very positive exceptions in Argentina and Chile where 93% and 96% of the respective employees feel 2012 will be a better year for their organization. In Czech Republic, France, Greece, Hungary, Japan and the Netherlands, employees expect 2012 to be a difficult year.
Salary does not reflect performance
In most countries, at least 60% of the employees feel that
their salary does not reflect their performance, which could
be related to uncertain economic times. These numbers run
especially high in Poland, Hungary (both 79%) and Greece
(81%). More than 80% of the employees in Argentina, Brazil,
Chile, China, India and Mexico expect to receive a pay rise,
bonus or improvement in employee benefits. European employees
have lower expectations; around a third or less expects to
see any improvements in this area.
Willingness to move for a job
In general, employees do not want to move (abroad) for a job
even if it would be a job better suited for them; less than a
third of the respondents worldwide would do so. In China and
India, however, employees do not have problem with
relocation: 64% and 58% respectively would move if the right
job es along. In some cases a pay rise serves as an
incentive, although employees in Denmark, Japan, Luxembourg
and Switzerland indicate they want to stay put even if there
is a pay rise connected to a job for which they have to move.
Quarterly recurring items
Employee confidence
In several countries the number of employees confident about
finding another job within the next 6 months has declined,
with the lowest scores in Greece and India. Greek employees
have the highest fear of job loss; they are more aware of the
risks of being made redundant than before.
Mobility Index rises to 105
The Mobility Index increased to 105 from 103 in Q3, 2011. The
Mobility Index in Canada soared (+12) in the last quarter and
employees are more active in their job search. Also in
Belgium, Switzerland and Argentina mobility numbers have
increased. Only in Singapore the Mobility Index has declined.
Job satisfaction: no movement
Satisfaction with the current employer is roughly at the same
level as in previous quarters. In Europe, Norwegian, Danish
and Dutch employees are the most satisfied. Outside Europe,
Mexico and India rank highest. Japan has the least satisfied
employees.
Personal motivation
The most ambitious employees can be found in Turkey and Italy
as well as in Mexico and India. Employees in the Nordics and
Japan are not very much focused on getting a promotion.
More findings, including regional differences and ments on working from home and working beyond retirement, are available in the global press report at http://www.randstad./press-room/research-reports.
The Randstad Workmonitor
The Randstad Workmonitor was launched in the Netherlands in
2003, then in Germany, and now covers 30 countries around the
world, enpassing Europe, Asia Pacific and the Americas. The
Randstad Workmonitor is published four times a year, making
both local and global trends in mobility regularly visible
over time.
The Workmonitor Mobility Index, which tracks employee confidence and captures expectations surrounding the likelihood of changing employers within a six month time frame, provides a prehensive understanding of job market sentiments and employee trends. In addition to measuring mobility, also employee satisfaction and personal motivation, as well as a rotating set of themed questions are part of the survey.
The quantitative study is conducted via an online questionnaire among a population aged 18-65, working a minimum of 24 hours a week in a paid job (not self-employed). The minimal sample size is 400 interviews per country, using Survey Sampling International. Research for the fourth wave in 2011 was conducted from 24 October to 14 November, 2011.
Randstad specializes in solutions in the field of flexible
work and human resources services. Our services range from
regular temporary staffing and permanent placement to
inhouse, professionals, search & selection, and HR Solutions.
Randstad is one of the leading HR services providers in the
world with top three positions in Argentina, Belgium &
Luxembourg, Canada, Chile, France, Germany, Greece, India,
Mexico, the Netherlands, Poland, Portugal, Spain,
Switzerland, the UK and the United States, as well as major
positions in Australia and Japan. End 2010 Randstad had
approximately 27,500 employees working from close to 4,200
branches and inhouse locations in 43 countries around the
world. Randstad generated a revenue of € 14.2 billion in
2010.
Randstad was founded in 1960 and is headquartered in Diemen,
the Netherlands. Randstad Holding nv is listed on the NYSE
Euronext Amsterdam, where options for stocks in Randstad are
also traded. For more information see www.randstad.
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