The Austrian labor market appears to be quite robust: almost a third (31 percent) of domestic companies with at least one employee are planning to accept staff this year. In larger companies with more than nine employees, 59 percent mention in a survey to increase the workforce
According to De Volksbank’s entrepreneurial study, 24 percent were among the smaller companies that the staff wanted to increase. About 1,000 companies were interviewed.
Good opportunities for unskilled employees, little need for academics
When searching for staff, more than half of the cases (53 percent) are competent employees. Employees, for example for accounting or administration, are also in question: 34 percent of the companies are looking for employees. And almost a quarter of the companies (24 percent) are looking for students. But unskilled employees currently have good opportunities on a job on the labor market: because about 23 percent of companies exhibit for unskilled employees. The need for “other staff”, academics or consultants, but also seasonal workers and sellers, is considerably lower. Because only six percent of the companies surveyed report a need here.
Larger companies are looking for more specialists
For larger companies with more than nine employees, there is a considerably higher need for specialists (63 percent), employees (40 percent), students (37 percent) and unskilled employees (29 percent). Only the need for “other staff” is considerably lower by two percent than in the survey among all companies.
Although larger companies are clearly easier to fulfill the jobs. Because here 67 percent of the respondents find it difficult to find staff. In companies with a maximum of nine employees, 76 percent see difficulties. And 78 percent of single companies find it difficult to fulfill vacancies adequately.
Lower wage reinforcement costs required
About 42 percent of the companies surveyed leads to a shortage of trained employees, since the cause of the difficult search for staff, too high wage expectations (41 percent) is one of the reasons mentioned. And almost a third (32 percent) of the companies explain that applicants would not fit into the company.
Asked to breathe new life into the labor market, 65 percent state the reduction of non -wage costs. According to 55 percent of the respondents, less bureaucracy could have a positive effect. And extra tax stimuli can enliven the labor market, 39 percent of the respondents.
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.
