The job market framework is still dynamic

Economy

Thursday, October 17, 2019,
    by Fabien Be

According to Apec's latest outlook, 6 out of 10 companies plan to recruit at least one executive in the fourth quarter of 2019.

In its latest quarterly report, Apec observes that the good health of the labor market framework continues, with nearly 6 out of 10 companies planning to recruit a manager in the fourth quarter of 2019.

"Despite a worrying international environment, companies continue to invest", says the organization.

"The vitality of the labor market framework is confirmed, with 6 out of 10 companies considering recruiting at least one executive during the fourth quarter of 2019. Computer activities and R & D engineering have very high levels of intentions, so that the industrial sectors are behind. On the other side of the coin, recruiting difficulties remain significant for certain profiles and certain functions "says Bertrand Hebert, CEO of Apec.

In the third quarter of 2019, recruitments made fell slightly. 61% of companies with 100 or more employees recruited at least one executive.

"But despite a slight decrease of 2 points compared to the same period of the previous year, the recruitment of executives remain at a high level", says Apec.

57% of companies plan to recruit at least one executive

The balance sheet however presents contrasts according to the sectors. The decline is more pronounced in the industry (63%, compared with 66% in the second quarter), or consulting and business services (57%, a similar figure in the second quarter). The computer sector, the first sector providing executive jobs, is also in this case (87%, compared to 92% in the 2nd quarter). Conversely, the share of companies recruiting at least one executive progressed in construction (74%, against 64% in the second quarter) and banking-insurance (84% against 76% in the second quarter). Finally, in commercial-transport (44%) and R & D engineering (87%), stability is required.

For the 4th quarter, recruitment prospects are more promising. 57% of companies with 100 or more employees interviewed in September 2019 plan to recruit at least one executive.

"Less sensitive to the economic situation, the needs for executive skills are maintained at a high level", notes Apec.

Companies planning to recruit at least one executive are 61% in industry, 64% in construction (+5 points compared to 3rd quarter 2019), 46% in trade-transport (+6 points), 69% in bank-insurance (-10 points), 89% in engineering-R & D (+4 points), 92% in IT (+5 points), 49% in business services (-3 points), and 56% in the medico-social (+ 5 points).

Commercial executives, technical services and management-finance-administration are the most popular

Regarding the positions proposed in Q4 2019, companies most often plan to hire sales executives, technical services executives and management-finance-administration.

Other skills are also eagerly awaited. Thus, 31% of companies plan to look for IT executives, 31% of R & D executives and 28% of executives in industrial production-works and construction sites. On the other hand, the proposed human resources positions would be smaller in proportion to last year (-7 points).

As usual, executive profiles with 5 to 10 years of experience are the most popular recruiters.

"89% of companies considering hiring executives in Q4 2019 are targeting this profile. Managers with 1 to 5 years of experience are also in great demand (85%) ", notes Apec.