Austria’s Most Enticing Employers 2022

Universum Rating reveals that are the Most Enticing Employers in Austria for 2022

Wage is an important for younger expertise and younger professionals  

• 10,000 college students at 33 Austrian universities and faculties surveyed  
• Work-life steadiness among the many prime ten preferences for the primary time  
• House workplace extra essential in AT than in DE or CH  
• Public establishments and NPOs lose attractiveness 

Scarcity of Expert Staff – Job Postings Stagnate   

Based on the StepStone Expert Employee Atlas, 136,500 jobs had been marketed on Austria’s job portals within the third quarter of 2022 – 7,000 fewer jobs Austria-wide than within the earlier quarter.

For the primary time in two years, the whole variety of job postings declined barely as an alternative of accelerating.  

“We’re beginning to see a levelling at a really excessive stage,” saysNikolai Dürhammer, Managing Director of StepStone AT & CH. This nevertheless, doesn’t imply that there might be an easing on the labour market. “Though a recession is looming, corporations promote as a result of they urgently want staff. They’ve discovered a invaluable takeaway from the pandemic: that it’s best to additional recruiting initiatives and appeal to prime expertise. That’s after all, at the least so long as their liquidity permits it.” 

Employer Branding is a precedence 

“The Employer Model is turning into more and more essential, as a result of what good is a robust client model if I can’t discover any staff? It’s essential to safe the most effective expertise,” explains Mats Röjdmark, CEO of Universum, the Employer Branding company of the StepStone Group. “Based on Universum’s EB NOW 2022 survery, Austrians are significantly satisfied that with Employer Branding, the state of affairs will be mitigated- 70% of the worldwide consultants inside the personnel vary and 91% of Austrian respondents are satisfied that Employer Branding is excessive precedence”, stated Röjdmark. 

To do that, nevertheless, it’s essential to know what attracts sought-after professionals. Within the case of younger professionals, the present research gives the much-needed insights.  
 

Wage is most essential for younger expertise and profession starters  

A aggressive base wage is an important standards for Austrian college students with regards to the attractiveness of a job. This 12 months, college students count on 6 p.c greater than what they anticipated final 12 months, particularly a median annual gross wage of €39,400. Feminine college students count on round 17 p.c much less wage than their male counterparts.

“The financial sphere continues to be very dominant in Austria and, particularly in occasions of an worker market, it appears that evidently corporations can improve salaries to be able to rapidly appeal to expertise. Lengthy-term, nevertheless, such a transfer solely negatively impacts the expertise market. I like to recommend seeing wage as a hygiene issue whereas specializing in the remaining eight attributes. Additionally, I doubt that you simply wish to appeal to these candidates who got here only for the wage.” 

Daniel Hauser, Employer Branding Specialist CH&AT. 

Versatile working situations are essential  

“Versatile working situations” strikes up three locations in comparison with the earlier 12 months. In Austria, the flexibility to work from your property workplace was extra essential than in Germany or Switzerland. Along with this, 64% of the surveyed college students count on a beautiful employer to supply some type of hybrid work fashions.   

Responses additionally footwear that almost all favor to work a median of two to a few days from dwelling per week. The distant work issue has a very excessive precedence for college kids from engineering/IT and enterprise background, in addition to for “excessive achievers”, categorized asstudents with excellent success and the need to proceed this success. 

As well as, the responses whowed a direct correlation between age of the respondent, and the need to do business from home. The older age of the respondent, the upper the need to do business from home turned. With regard to different demographic breakdowns, ladies take into account it to be much more essential.

“We’ve been in a position to observe all through the DACH market that the expectations for versatile working situations in addition to the work-life steadiness have elevated strongly. It is a clear signal from the market that these aren’t simply short-term traits,”

explains Daniel Hauser, Employer Branding skilled at Universum.

Though frequently gaining reputation, there are additionally some considerations from respondents related to working remotely. The largest considerations uncommon:  

• Isolation and concern about lacking social contact with colleagues (56%).  
• Lack of involvement within the group (43%)  
• Employer desire for the workers who’re current (36%)  

• Concern of overworking and never having the specified work-life steadiness (25%) 

Trade winners and losers 

The most well-liked industries in 2022 are Audit & Consulting.  

The ‘Huge 4’ and McKinsey & Co managed to reverse the damaging development of earlier years. Employers within the automotive business are among the many largest winners in a number of of the most important fields of research, a development additionally seen in Germany. “We’ve seen decrease curiosity within the automotive business in a number of markets lately. Throughout Covid, these had been related to short-time work, and fewer market success. Now that vegetation are again to totally operational, they appear to be gaining traction once more,” Hauser stated. Public establishments and non-profits are shedding their enchantment. Stability is now not as essential because it was a 12 months in the past.

High 5 employers

Pink Bull and Google have been the favourites for Pink Bull and Google have been the favourites for enterprise college students because the begin of the research in 2008 and stay so this 12 months. Google as one of the enticing employers worldwide and Pink Bull as a profitable native participant carry out very properly in Austria. Microsoft is in third place and is making nice positive aspects (2021: seventh place) because the begin of the research in 2008 and stay so this 12 months. Google as one of the enticing employers worldwide and Pink Bull as a profitable native participant carry out very properly in Austria. Microsoft is in third place and is making nice positive aspects (2021: seventh place)