Poland: 31% of companies plan new hires, while 21% think about layoffs in Q2

12 March 2024

Hiring new employees is planned by 31% of companies in Poland in Q2. 31% of companies in Poland plan to hire new employees in Q2, 46% do not want to change anything in their structures, while 21% of employers say they need to make redundancies (up by 1 p.p. y/y and 5 p.p. q/q), according to the ManpowerGroup Barometer. The Outlook for Poland for the upcoming Q2, reflecting hiring sentiment, is +11%.

The ManpowerGroup Employment Outlook Survey also shows that 2% of companies do not know their hiring plans for the coming period.

“After a moderately optimistic start to this year, the market is seeing stabilisation and signs of deceleration in many industries. Although the hiring forecast is lower than the one declared by companies on the Vistula River just a few months ago, we cannot forget that it is still an optimistic double-digit result,” said ManpowerGroup CEO in Poland Tomasz Walenczak.

“We are living in times when hurricanes related to the global economic and political situation will regularly return to us – we have to get used to them, prepare for the challenges of this type of turbulence. Organisations not only have to deal with talent shortages and a lack of seasonal workers, but also many situations that are completely unpredictable – such as wars, political conflicts or raw material price increases. The labour market is very sensitive to any such turbulence, so there is a noticeable caution on the part of organisations in planning new recruitment,” he added.

The ManpowerGroup Employment Outlook Survey reveals that companies in six of the eight areas analysed plan to increase the number of employees in Q2 2024. Candidates in the areas of consumer goods and services (+32%), life sciences and healthcare (+30%), as well as energy and utilities (+26%) can expect the most job openings. Slightly lower, but still optimistic, hiring prospects are declared by employers in the finance and real estate (+16%), industry and raw materials (+14%) and IT (+6%) sectors. Representatives of transport, logistics & automotive (-5%), as well as communication services (-12%) should be prepared for slight job cuts, it was reported.

“Employers in the transport, logistics & automotive, as well as communication services industries are reckoning with the need for small job cuts. However, on the other hand, the coming months mark the start of the busy season for many industries, hence, among other things, the desire for new recruitment from employers of consumer goods and services. Job growth in life sciences and healthcare, on the other hand, is a consequence of the growth in the area of clinical research; organisations and start-ups have also received grants for development, which generates a demand for project-care talent working in this area. Large pharmaceutical companies are also continuing to relocate some of their operations to Poland, which is also behind the strengthening of the employment outlook. Energy and utilities companies will continue to strengthen their teams in the coming months due to new investments, but also the development of the green energy area. The increase in demand for employees is additionally due to the strengthening of Poland’s position as a global leader in the production of batteries for electric cars,” assessed the CEO.

ManpowerGroup’s analysis shows that companies located in the central (+17%) and south-western (+12%) areas of the country have the greatest recruitment appetite. To a slightly lesser extent, employers in eastern Poland (+9%), southern Poland (+8%) and south-western Poland (+7%) plan to expand their teams. Companies located in the north declared a hiring forecast of -2%, indicating minor layoffs.

In Q2 2024, companies with more than 5,000 talent (+33%) and 1,000-4,999 employees are the most open to expanding their teams. Slightly lower recruitment optimism at a similar level is indicated by companies with staffing levels of 250-999 (+11%) and also in the 10-49 employee range (+10%). The lowest demand for new talent is indicated by companies with a workforce of 50-249 employees (+7%) as well as micro companies (up to 10 employees) with a forecast of +5%, it was also reported.

Analysing the Europe, Middle East and Africa (EMEA) region, ManpowerGroup notes that the average score for all countries located there is +15%, down 6 percentage points quarter-over-quarter and 4 percentage points year-over-year. Companies located in the Netherlands (+32%), South Africa (+29%), and Switzerland (+29%) declare the greatest need to expand teams. In contrast, employers in Romania (-2%) indicate the need for a small reduction in their workforce.

The survey is conducted among more than 40,000 employers representing 41 markets worldwide. It analyses data relating to Poland, but also to the world and the EMEA region.

Source: ManpowerGroup and ISBnews

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