Boyden global executive search

News Releases | Job Market 2.0 – Which influences affect us tomorrow?

Labour market reforms and the financial an economical crisis have changed the basic conditions in Germany elementary. Leading personnel consultants risk an outlook. “Unfortunately many clients aren’t courageous enough to respond to the first positive boom signals. Many are waiting with new hires”, reports an expert of the sector. Richard Fudickar, Managing Director at Boyden International GmbH since 1999, is specialized in the placement of top executives in the consumer goods sector. He fears that once removed employments of companies sub-divisions will not be occupied again due to higher costs. As an effect of the crisis, there have never been that much temporary job contracts as today. For this reason the job market has become more flexible – a fact from which economy strongly benefits: It is easier for companies to recruit personnel in times of boom and to react on crisis scenarios, which means for employees to switch jobs more often. This is not necessarily a disadvantage for employees because if a fixed term-contract won’t be renewed after five years it does not mean a manager has done a bad job. He also could have done very well within the five years. In light of this a change of the employer is not a negative point in the personal CV anymore”, explained Richard Fudickar. The topic “outplacement” will become more common in the future and will in addition affect younger candidates. “This means an enormous change. In the past candidates for outplacements were over 50 years old – today we have candidates which are in their thirties”, Fudickar continues. The conclusion is: Employees who want to succeed in their jobs up to an old age despite fixed term-contracts and more job changes have to develop constantly.