The sputtering economic engine is causing companies to fire employees more quickly and look for jobs from the growing number of job seekers. And this is exactly where the past catches up with applicants: frequent changes of employers are now taking revenge.
Uncertainty, falling orders, recession – the sputtering economic engine is also forcing domestic companies to tighten their belts. “The topic of finding employees has to a certain extent been replaced by the topic of retaining employees,” Iris Schmidt, managing director of AMS Upper Austria, said recently.
But the trend towards divorce is also noticeable. “Now companies are taking a closer look again,” confirms Bettina Kern, who places technicians and IT specialists at her company “Kern engineering careers”.
The personnel advisor speaks of a ‘cleaning up’ after an exceptional phase: ‘We had a time when everyone was hired, everyone who had two hands and two feet was hired. Many jobs are now being cut, impacting a wide range of industries.”
“We are receiving registrations again”
The fact that the supply on the labor market has increased again means that not every employee can be retained at any price, says Kern: “If it does not fit or the performance is not correct, it will be addressed more quickly. You now have this luxury because you are receiving job applications again.”
And this selection is now more selective: “Average candidates who have less experience and have had many changes are now presented with the bill. This hop-on, hop-off thing eventually catches up with you because you always see each other twice.”
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
