SLOVAKIA: MANPOWERGROUP EMPLOYMENT OUTLOOK SURVEY - A Significantly Strong Job Market Is Expected In Slovakia For Q1
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ManpowerGroup Proprietary Information
SLOVAKIA: MANPOWERGROUP
EMPLOYMENT
OUTLOOK
SURVEY
A Significantly Strong Job Market
Is Expected In Slovakia For Q1
EXECUTIVE SUMMARY In the 60th anniversary edition of the ManpowerGroup Employment Outlook Survey of more than 39,000 employers, all countries and territories report a positive outlook for the first time since before the pandemic. While outlooks improve year-over-year, hiring sentiment weakens compared with Q4 2021 in Taiwan, the U.S., Japan and France. Digital roles most in demand: IT, Technology, Telecoms, Communications and Media reported the strongest outlook (+50%), followed by Banking, Finance, Insurance and Real Estate (+43%) and Restaurants and Hotels (+40%). The weakest hiring intentions were found in Non-for-profit (+26%) and Primary Production (+29%). Employers know flexibility is the key to attracting workers in a tight labor market: Organizations expect 51% (of finance) and 29% (of manufacturing and production) workforce to work a hybrid mix of onsite workplace and remote. This is a substantial change since Q2 2021, when only 22% of organizations predicted a shift to a hybrid model. Not all roles will be hybrid: The Manufacturing and Production industries are most likely to be in the workplace all of the time (55%) whereas roles in IT and telecoms are more likely to be full-time remote (17%). ManpowerGroup Proprietary Information ManpowerGroup | MEOS Q1 2022 2
Table of Contents Q1 EMPLOYMENT OUTLOOKS 04 VACCINE EXPECTATIONS FOR ON-SITE RETURN 14 THE GREAT SHIFT TO HYBRID WORKING 17 ABOUT THE MANPOWERGROUP EMPLOYMENT OUTLOOK SURVEY 18 INTERACTIVE DATA EXPLORER 26 ManpowerGroup Proprietary Information ManpowerGroup | MEOS Q1 2022 3
Q1 EMPLOYMENT
OUTLOOKS:
For the first time since
before the pandemic, all 40
countries report positive
employment outlooks
"The results of the survey show that the
recovery of the recruitment environment
disrupted by the pandemic, which we
have been observing for some time, will
continue in the coming year. The
demand for talent is record-breaking,
but it exceeds supply, so companies
need to be open to more flexibility“, said
Zuzana Rumiz, General Manager of
ManpowerGroup Slovakia.
ManpowerGroup Proprietary Information ManpowerGroup | MEOS Q1 2022 4
Net Employment Outlook / NEO
NEO Increase Decrease
ManpowerGroup Proprietary Information ManpowerGroup | MEOS Q1 2022 5
Employer Hiring Expectations for January – March 2022 in Slovakia
• In the 60th anniversary edition of the ManpowerGroup Employment Outlook Survey, a total of 505 Slovak employers
were asked, “How do you anticipate total employment at your location to change in the three months to the end of
March 2022 (January, February, March) as compared to the current quarter (October, November, December 2021)?”
• While the raw NEO is +19%, once the data is adjusted to allow for seasonal variation, the Outlook stands at
+21%. Job seekers can expect the NEO to improve by 11-percentage points since the Q4 2021 and 23-percentage
points since the first quarter of 2021.
37% PLAN TO HIRE
+21% 18% EXPECT TO LAY OFF WORKERS
NET
40% PLAN TO KEEP WORKFORCE LEVELS STEADY
EMPLOYMENT
OUTLOOK / NEO
seasonally
adjusted
4% UNDECIDED
ManpowerGroup Proprietary Information ManpowerGroup | MEOS Q1 2022 6
Historical Net Employment Outlook from Q4 2011 ManpowerGroup Proprietary Information ManpowerGroup | MEOS Q1 2022 7
Growth Expected Across All 11 Industries in Slovakia
The most in-demand roles in Slovakia: Banking, Finance, Insurance and Real Estate (+44%), followed by IT,
Technology, Telecoms, Communications and Media and Construction, expecting the same outlook of
+35%.
44% 35% 35% 22% 16% 14%
BANKING, FINANCE, IT, TECHNOLOGY, EDUCATION, HEALTH,
CONSTRUCTION TELECOMS, OTHER SERVICES* SOCIAL WORK & RESTAURANTS & HOTELS
INSURANCE & REAL ESTATE
COMMUNICATIONS & MEDIA GOVERNMENT
14% 10% 9% 8% 5%
WHOLESALE & RETAIL
NOT-FOR-PROFIT OTHER INDUSTRY MANUFACTURING PRIMARY PRODUCTION**
TRADE
*Includes: Professional, Scientific and Technical Activities; Administrative and Support Services; Other Service Activities.
**Includes: Agriculture, Forestry and Fishing; Mining and Quarrying; Electricity; Gas and Air Conditioning Supply; Water Supply; Sewerage, Waste Management and Remediation Activities.
ManpowerGroup
. Proprietary Information ManpowerGroup | MEOS Q1 2022 8
Small & Large Organizations Report Strongest Hiring Intentions in
Slovakia, while Large Companies lead globally (43%)
23% 23%
19%
5%
# of Employees
MiICRO SMALL MEDIUM LARGE
>10 10-49 50-249 250+
ManpowerGroup Proprietary Information ManpowerGroup | MEOS Q1 2022 9
Regional Comparisons: The Best Performing Region is Bratislava
reporting a NEO of +44%
In the first quarter of 2022 staffing climate increases are forecast for all
Slovakian regions.
44%
Plans are for the staffing climate to improve for 3 of 4 regions since the previous
quarter and to drop in only 1 (Western Slovakia, decrease of -1%). Compared to 44%
twelve months ago, organizations plan for the NEO to grow for all regions.
13% 14%
8%
región
Western Central Eastern Bratislava
Slovakia Slovakia Slovakia
ManpowerGroup Proprietary Information ManpowerGroup | MEOS Q1 2022 10PERU, 51%
INDIA, 49%
NETHERLANDS, 47%
IRELAND, 47%
BRAZIL, 47%
MEXICO, 45%
COLOMBIA, 41%
ManpowerGroup Proprietary Information
USA, 41%
PANAMA, 38%
PORTUGAL, 37%
HONG KONG, 37%
AUSTRALIA, 37%
Before the Pandemic
ARGENTINA, 37%
CANADA, 37%
ISRAEL, 36%
GERMANY, 36%
AUSTRIA, 36%
GUATEMALA, 36%
TURKEY, 34%
SWEDEN, 34%
BELGIUM, 34%
SPAIN, 33%
UK, 32%
ManpowerGroup | MEOS Q1 2022
NORWAY, 32%
COSTA RICA, 31%
SWITZERLAND, 30%
ROMANIA, 29%
ITALY, 28%
SOUTH AFRICA, 27%
FRANCE, 26%
followed by South and Central America (+39%), APAC (+34%) and EMEA (+28%).
POLAND, 25%
CHINA, 25%
FINLAND, 24%
SLOVAKIA, 21%
HUNGARY, 19%
GREECE, 16%
All Countries Report a Positive Outlook for the First Time Since
CZECH REPUBLIC, 14%
SINGAPORE, 14%
TAIWAN, 13%
With strong outlooks across the regions, employers in North America (+41) reported the most positive outlook
JAPAN, 11%
11Employers Share Strong Optimism Across All 40 Countries Surveyed
• Countries With the Strongest & Weakest Hiring Prospects for Q1 2022:
With strong outlooks across the regions, employers in North (+41%), Central and South Americas reported the
most positive outlook (+39%), followed by APAC (+34%) and EMEA (+28%).
+51% +49% +47% +11% +13% +14%
PERU INDIA NETHERLANDS JAPAN TAIWAN SINGAPORE
Strongest Weakest
ManpowerGroup Proprietary Information ManpowerGroup | MEOS Q1 2022 12Hiring intentions in EMEA Improve in All Countries YoY For Second
Consecutive Quarter
Compared with Q4, 2020 hiring STRONGEST HIRING INTENTIONS: WEAKEST HIRING INTENTIONS:
Netherlands (+47%), Ireland (+47%) and Czech Republic (+14%), Greece (+16%)
intentions improve in 22 countries Portugal (+37) and Hungary (+19%)
and decline in one (France, -1%).
Employers in the UK report outlooks
of 32%, up 2% since last quarter with
strongest expectations in London
and most optimistic outlooks in IT,
Technology, Telecoms,
Communications & Media.
Organizations in France report an
outlook of 26%, down 1% QoQ, with
most optimistic hiring intentions in
Banking, Finance, Insurance and
Real Estate.
ManpowerGroup Proprietary Information ManpowerGroup | MEOS Q1 2022 13VACCINE EXPECTATIONS:
Nearly two-thirds of employers are
mandating vaccines in some way for their Only 15% are letting
employees to return to the workplace individual workers decide
ManpowerGroup Proprietary Information ManpowerGroup | MEOS Q1 2022 14Vaccine Expectations of Slovak Employers For On-site Return
Employers are sharing requirements for employees before they can return to the workplace:
Mandate double Proof of double Plan to require
vaccination and vaccination will be proof of double
require proof for all required for some vaccination and
employee roles, but booster shot
employee roles
not all
40% 16%, 29% globally 14%, 18% globally 10%, 14% globally
of Slovak employers
are mandating Urge vaccination by Offer incentives
vaccines for some or highlighting the (e.g., cash bonus) Up to individuals
benefits but not to encourage to decide
all employees, 61% mandate vaccination
globally
29%, 26% globally 9%, 11% globally 28%, 26% globally
*Respondents could choose more than one option, meaning results add up to more than 100%.
ManpowerGroup Proprietary Information ManpowerGroup | MEOS Q1 2022 15Primary Production & Banking, Finance, Insurance and Real Estate
Most Likely to Mandate Vaccines
Mandating No Plans None of These
Vaccinations
60%
52% 50% 47% 37%
PRIMARY PRODUCTION*
INFORMATION TECHNOLOGY
TELECOMS, MEDIA & NOT-FOR-PROFIT CONSTRUCTION IT, TELEKOMUNIKÁCIE,
MANUFACTURING
COMMUNICTION KOMUNIKÁCIA A MÉDIÁ
53%
36% 36% 30% 26%
BANKING, FINANCE,
INSURANCE, REAL
ESTATE EDUCATION OR HEALTH
WHOLESALE & RESTAURANTS
OR SOCIAL WORK OR OTHER SERVICES**
RETAIL TRADE &HOTELS
GOVERNMENT
*PRIMARY PRODUCTION includes: Agriculture, Forestry, and Fishing; Mining and Quarrying; Electricity, Gas and Air Conditioning Supply; Water Supply; Sewerage, Waste Management and Remediation Activities
**OTHER SERVICES includes: Professional, Scientific and Technical Activities; Administrative and Support Services; Other Service Activities
ManpowerGroup Proprietary Information ManpowerGroup | MEOS Q1 2022 16Employers In EMEA Are Less Likely To Mandate Vaccinations
& More Likely To Have No Plans
MANDATING VACCINATIONS INCENTIVIZING VACCINATIONS
68% South / Central America 34% South / Central America
70% Asia Pacific 40% Asia Pacific
68% North America 37% North America
50%
53%
38%
33%
20%
20%
3% NO PLANS NONE OF THESE
7% South / Central America 2% South / Central America
EUROPE / MIDDLE EAST / AFRICA
9% Asia Pacific 2% Asia Pacific
11% North America 3% North America
*Respondents could choose more than one option, meaning results add up to more than 100%.
ManpowerGroup Proprietary Information ManpowerGroup | MEOS Q1 2022 17THE GREAT SHIFT
TO HYBRID WORKING:
More employers are embracing
the blend of work and home
ManpowerGroup Proprietary Information ManpowerGroup | MEOS Q1 2022 18Even in Frontline, Customer Service & Manufacturing,
Employers are Recognizing the Need for Hybrid Work
Slovak employers expect that in the next 3 months, the hybrid model will be most applied to roles in Finance & Accounting, Administrative support and IT.
WORK REMOTELY / FROM WORK REMOTELY / FROM HOME WORK REMOTELY / FROM HOME WORK IN THE WORKPLACE
HOME ALL OF THE TIME TWO OR MORE DAYS A WEEK THREE OR MORE DAYS A WEEK ALL THE TIME
FINANCE &
ACCOUNTING
19% 26% 47% 21% 24%
ADMINISTRATIVE /
OFFICE SUPPORT
19% 23% 47% 24% 28%
HUMAN
RESOURCES 14% 22% 44% 22% 35%
INFORMATION
TECHNOLOGY
25% 23% 45% 22% 29%
FRONTLINE SALES /
FRONT OFFICE/ 11% 18% 36% 18% 46%
CUSTOMER FACING
PRODUCTION /
MANUFACTURING
9% 12% 25% 13% 55%
*Respondents answering Don’t know HYBRID MODEL
brings the total up to 100% for all roles Working a mix of some days remote and some days in the workplace
ManpowerGroup Proprietary Information ManpowerGroup | MEOS Q1 2022 19ABOUT THE
MANPOWERGROUP
EMPLOYMENT
OUTLOOK SURVEY
ManpowerGroup Proprietary Information ManpowerGroup | MEOS Q1 2022 20About the ManpowerGroup Employment Outlook Survey
The ManpowerGroup Employment Outlook Survey – conducted in October 2021 – is the most comprehensive, forward-
looking employment survey of its kind, used globally as a key economic indicator. The Net Employment Outlook is derived
by taking the percentage of employers anticipating an increase in hiring activity and subtracting from this the percentage of
employers expecting a decrease in hiring activity. Running since 1962, various factors underpin the success of the Survey:
Unique
It is unparalleled in its size, scope, longevity and area of focus. The ManpowerGroup Employment Outlook Survey is the most Survey Methodology
extensive, forward-looking employment survey in the world, asking employers to forecast employment over the next quarter. In
contrast, other surveys and studies focus on retrospective data to report on what occurred in the past. The methodology used to collect the data for the
Employment Outlook has been digitized in 40
markets for the Q1 2022 report. Respondents in
Independent
prior quarters were contacted via telephone. With
The survey is conducted with a representative sample of employers from throughout the countries and territories in which it is
conducted. The survey participants are not derived from ManpowerGroup’s customer base. the shift to remote working and much higher
reliance on the internet, responses are now being
collected online.
Robust
The survey is based on interviews with more than 39,000 public and private employers across 40 countries and territories to Respondents are members of double opt in online
measure anticipated employment trends each quarter. This sample allows for analysis to be performed across specific sectors panels and are incentivized to complete the
and regions to provide more detailed information. survey. The question asked and the respondent
profile remains unchanged. Size of organization
and sector are standardized across all countries to
Focused allow international comparisons.
For more than five decades the survey has derived all of its information from a single question: “How do you anticipate total
employment at your location to change in the three months to the end of March 2022 as compared to the current quarter?”
ManpowerGroup Proprietary Information ManpowerGroup | MEOS Q1 2022 21Notes to Editors
* The methodology used to collect the data for the Employment Outlook has been digitized in 40 markets for the Q1
2022 report. Respondents in prior quarters were contacted via telephone and data is now being collected
online. Respondents are members of double opt-in online panels and are incentivized to complete the survey. In line with
standard findings of online surveys, more people are now taking a position – selecting that their workforce will either increase
or decrease vs. no change. Because the Net Employment Outlook is based only on the people saying increase or decrease,
the result of this higher level of engagement means the methodology shift may contribute to a higher Outlook. With a sample
of 1000 there is a margin of error of +/-3%. The question asked and the respondent profile remains unchanged. Size
of organization and sector are standardized across all countries to allow international comparisons.
** The survey data was collected in October 2021, before awareness of the Omicron variant.
ManpowerGroup Proprietary Information ManpowerGroup | MEOS Q1 2022 22About ManpowerGroup Slovakia
4 branches in Bratislava, Nitra,
Poprad and Žilina
• ManpowerGroup Slovakia: one of the founding members
of APAS = the Association of Recruitment Agencies in
110 internal employees Slovakia (2003)
• Zuzana Rumiz, Country Manager of ManpowerGroup
Slovakia is the current President of APAS (from 2020)
• The winner of the
2.000+ associates
Largest in
Business ranking
in the Recruitment
Agencies category
600 clients
(in 2020, 2021)
ManpowerGroup Proprietary Information ManpowerGroup | MEOS Q1 2022 23A Holistic Workforce Strategy Includes Build, Buy, Borrow and Bridge Invest in learning Go to the external market Cultivate communities Help people move on or and development to to attract the talent that of talent outside the move up to new roles grow your pipeline cannot be built-in-house organization within the organization ManpowerGroup Proprietary Information ManpowerGroup | MEOS Q1 2022 24
ManpowerGroup Provides Solutions Across the Entire HR Life Cycle
Workforce Consulting & Analytics Workforce Management Talent Resourcing
Career Management Career Transition Attracting Top Talent
ManpowerGroup Proprietary Information ManpowerGroup | MEOS Q1 2022 25EMPLOYMENT
OUTLOOK
Thank you
for your attention.
The next survey will be released in
March, 2022, and will report hiring
expectations for Q2, 2022.
Explore the data:
manpower.sk/prieskumy
manpowergroup.com/meos
ManpowerGroup Proprietary Information ManpowerGroup | MEOS Q1 2022 26You can also read
