Antal Survey

THE ANTAL GLOBAL SNAPSHOT
Introduction
The 'Antal Global Snapshot' is a regular survey of hiring (and firing) trends in some of the world's most important employment markets and in those likely to join this group over the coming decade. This eighth report in the series is based upon material sourced from over 14,400 businesses in commerce, industry and the financial services sector in 47 key countries on five continents. We hope that you find it both interesting and useful.
Chairman and CEO Antal International
About Antal International

Founded in 1993, Antal International is a management and professional recruitment specialist with a particular focus on the sourcing and retention of candidates in the 'Generation Y' bracket. One of the first recruitment organisations to devote substantial resources to emerging markets, the company now has 85 offices in 33 countries and works with many of the world's most successful and ambitious multi-nationals.
Methodology
This edition of the 'Antal Global Snapshot' is based upon survey forms and telephone interviews completed by line and HR Managers in 14465 companies, professional partnerships and financial institutions across 47 countries in January and February 2011. Each respondent was asked whether they were currently hiring or letting go professional / managerial staff and whether they intended to do so over the coming quarter. All respondents were guaranteed anonymity to encourage open and honest answers.
Antal Global Snapshot | Edition 8 - March 2011
Page 1
www.snapshot.antal.com

Local Picture - Detailed information on the key markets surveyed.
Western Europe
Are you currently hiring at managerial/professional level? Do you expect to hire at managerial/professional level over the coming quarter? Are you currently letting people go at managerial/professional level? Do you expect to let people go at managerial/professional level over the coming quarter?
Austria
23% 20%
Belgium
65%
61% 37% 37%
8%
6%
The level of managerial and professional hiring has taken a steep plunge since the last quarter. Just 23% of Austrian businesses are currently hiring at managerial level compared to 61% in the last quarter. Compared to the 63% that expected to take on staff last quarter, Austria has fallen short of its prediction by 40%. However, the percentage of businesses currently letting or planning to let staff go in the coming quarter has also dropped from 33% to 8% and 35% to 6%.
The percentage of businesses currently hiring has increased by 2% since last quarter, while the number of those planning to hire at managerial / professional level in the coming quarter has remained consistent. However, the number of organisations both currently letting staff go and planning to do so has shot up by 10% to 37% since last quarter.
France
Germany
36%
58%
55% 30%
31%
26%
6%
6%
The percentage of organisations recruiting professional and managerial staff in France has, once again, increased slightly since the last quarter, creeping up 2% to 58%. Overall France has remained consistent, with 26% of employers currently letting managerial staff go and 30% planning to, down from 33% last quarter.
Germany's results showed modest but still noticeable improvements on last quarter, with the amount of organisations that are currently hiring going up by 4%. The percentage of those letting go at managerial and professional level has halved and this figure looks set to remain the same into the next quarter.
Page 2

Western Europe Continued...stern Western Europe

Italy
55% 47%
Luxembourg
86%
71%
43% 14% 13% 29%
Both Italy's hiring and firing activities have taken a dip since the last quarter - since September and October 2010, current hiring levels have dropped from 54% to 47%. However staff retention is up as this quarter's survey also shows a slight decrease in the number of employers currently letting managerial staff go and a 10% decrease in companies intending to let staff go at that level in the coming quarter.
If Luxembourg showed signs of recovery from a shaky summer 2010 in the last survey, it's nothing compared to the dramatic increase in hiring activity this quarter. The percentage of companies currently hiring has shot up from an already positive 63% to 86%, well above the 50% predicted last quarter. Although current firing activity has also increased by 12%, the percentage of companies planning to let people go has fallen from 38% to 29%.
Netherlands
46% 34% 22% 25%
Portugal
39% 39%
35%
33%
In June 2010, the Netherlands peaked at 63% of organisations currently hiring. Last quarter it fell to 52% and this quarter just 34% of employers are currently recruiting at professional / managerial level. However the percentage of employers reducing the current head count has also decreased slightly from previous quarters in a steady decline.
Portugal's current hiring activity at professional level has gone down from 42% since last quarter but projected hiring activity predicts that this will improve by 4% next quarter. However, the percentage of those cutting their staff has risen by 13% and the outlook isn't much better, with 39% of organisations planning to let people go in the coming quarter, a 10% increase since September / October 2010.
Page 3

Western Europe Continued...stern Europe

Spain
Switzerland
43% 46%
33%
33%
27%
25%
8%
9%
Spain's hiring and firing trends have remained fairly consistent, with changes all round of between 1% and 4% from last quarter, when hiring activity had risen despite Spain's recent economic problems. Current hiring and firing levels look set to remain much the same, although the number of organisations letting staff go is expected to dip.
The levels of professional and managerial hiring in Switzerland have plummeted since the previous quarter and indeed a year ago, when hiring levels were at a high of 64%. At the same time, the percentage of businesses shedding staff is down from 18% to 8% since the latter part of 2010, and from 32% since this time last year.
United Kingdom
71%
66%
24%
29%
The United Kingdom has shown modest but positive signs all round. Both current and projected hiring activity are up marginally, and, after a rise in firing activity last quarter, only 24% of organisations are currently letting staff go, compared to 32% last quarter.
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WESTERN EUROPE
Detailed examination of key markets
Western Europe Key Sectors

Germany Key Sectors

54% 48% 5% 4% AUTOMOTIVE 13% 13% BANKING & FINANCIAL SERVICES 73% 67% 7% 7% CHEMICAL 25% 57%
40% 50% 20% 25% COMMUNICATIONS 5% 3% 34%
48% 43% 11% 11% ELECTRONICS
60%
ENERGY & RENEWABLES
31%
8%
52%
22%
2% 1% ENGINEERING
2%
2% 1% FMCG 10% 8%
38%
MANUFACTURING
25% 27% 6% 6% PHARMA/MEDICAL 14% 29%
48% 33% 19% 10% RETAIL
48%
14%
SHIPPING & TRANSPORT
44% 44% 9% 9% TECHNOLOGY - HARDWARE 8% 9%
43% 45%
TECHNOLOGY - SOFTWARE
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WESTERN EUROPE
Western Europe Key Sectors Continued

Italy Key Sectors

31% 50% 13% 19% AUTOMOTIVE 6% 4% BANKING & FINANCIAL SERVICES 48% 53% 13% 10% CHEMICAL 57% 53%
75% 88% 25% 50% COMMUNICATIONS 22%
62% 73% 20% 18% ENERGY & RENEWABLES
40% 60% 40% ENGINEERING
42%
37%
27%
47%
15% 12% FMCG 9% 10%
46%
12% 16%
39%
MANUFACTURING
PHARMA/MEDICAL
58% 62% 15% 14% RETAIL 14%
57% 86% 57% SHIPPING & TRANSPORT 16%
57% 73%
14% TECHNOLOGY - HARDWARE
55% 55%
5%
5% TECHNOLOGY - SOFTWARE
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WESTERN EUROPE

Netherlands Key Sectors

31% 26% 21% 25% ACCOUNTANCY 37% 40% BANKING & FINANCIAL SERVICES 63% 60% 15% 15% CHEMICAL 31% 69%
27% 45% 30% 39% COMMUNICATIONS 4% 6%
22% 33% 50% 38% ENERGY & RENEWABLES ENGINEERING 63%
75%
52%
33%
31%
65%
23% 23% FMCG 27% 18%
40%
19% 25%
47%
MANUFACTURING
MEDIA
45% 55% 45% 36% PHARMA/MEDICAL 14% 18%
46% 68%
27%
51% 40% 53% SHIPPING & TRANSPORT
RETAIL
48% 52%
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WESTERN EUROPE

Spain Key Sectors

34% 34% 23% 17% AUTOMOTIVE 24% 29% 24% 29% BANKING & FINANCIAL SERVICES 21% 25% 18% 25% ENERGY & RENEWABLES 32% ENGINEERING 24% 18% 12% 18% CHEMICAL
35% 47% 18% 24% COMMUNICATIONS
20% 20% 48%
34%
37%
28%
28%
30% 30% FMCG
25%
31% 31% MANUFACTURING 28% 19%
44%
PHARMA/MEDICAL
53% 53% 35% 24% RETAIL
30% 29% 25% 27% 30%
48% 48%
17%
TECHNOLOGY - HARDWARE
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WESTERN EUROPE

UK Key Sectors
75% 75% 25% 25% ACCOUNTANCY 3% 2% CHEMICAL 100% 100% 50% 75% COMMUNICATIONS 100% 75%
60% 60% 40% 40% ENGINEERING 36% 36%
64% 86% 2% 3%
60% 60%
MANUFACTURING
PHARMA/MEDICAL
67%
67%
89%
67%
22% 22% RETAIL 11% 44% TECHNOLOGY - HARDWARE
78%
22% 44% TECHNOLOGY - SOFTWARE
100%
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Eastern Europe & Eurasia

Bulgaria
Croatia
37% 38%
46%
49%
19%
18%
21%
21%
After a slight dip last quarter, the professional and managerial hiring levels have risen slightly again to just below the 47% high registered in June 2010 and are expected to rise further with almost half of organisations expecting to recruit in quarter two of 2011. Firing levels have also risen, with those currently shedding staff rising from 19% to 21%, however this is expected to remain consistent over the next three months.
The level of hiring in Croatia has fallen since enjoying a brief rise to 49% in September 2010, but is still higher than in the summer of 2010, when only 32% were recruiting professionals or managers. Conditions are expected to show slight improvements over the coming quarter with hiring increasing and firing decreasing, both by 1%.
Czech Republic
76% 64%
Hungary
30%
29%
15% 12% 18% 6%
Its been a good hiring quarter for the Czech Republic with another good quarter predicted. Although current hiring levels are down by 4%, they remain high at 64% and, with only 61% of organisations expecting to hire last quarter, businesses have taken on 3% more professionals and managers than projected. The number of organisations letting people go has also plummeted by 30% since last quarter.
Hiring activity has remained stable in Hungary, but showing slight signs of improvement, with the number of companies recruiting up 3% since September / October 2010. The proportion of businesses shedding staff has also dropped to 6% from 17% last quarter.
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Eastern Europe & Eurasia Continued...

Poland
52%
Romania
48%
57%
58%
11%
10%
15%
22%
Levels of hiring and firing are down across the board in Poland, but only by a modest amount. The percentage of businesses currently increasing their professional and managerial head count is down by 2% since last quarter, but firing activity is down by the same amount. The overall picture is positive with over half of employers hiring combined with one of the lowest levels of firing in the region.
Hiring levels in Romania have risen since the last quarter, as have projected hiring levels, both by 7%. The good news is that, rather than the expected rise to 31% of businesses letting go of managerial and professional staff predicted last quarter, firing activity has dropped to just 15%.
Russia
72% 72%
Serbia
59% 38%
59%
32% 18% 12%
At 72%, hiring activity in Russia did not meet last quarters prediction of 77%, however it still has one of the highest levels of recruitment in the region. The percentage of organisations shedding staff at professional and managerial level is also 2% less than expected last quarter at 38% and is 7% down on the proportion of businesses letting staff go in September.
As predicted, the proportion of organisations hiring at managerial and professional levels has risen this quarter, although the figure is 1% higher than was projected last quarter. Since last summer, hiring activity in Serbia has risen by 35%. Meanwhile, the percentage of businesses currently lowering their head count has also dropped from 21% last quarter and at 18% shows better results than last quarters prediction of 20%.
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Eastern Europe & Eurasia Continued...

Slovakia
Turkey
67% 58% 42% 25% 55%
62% 36% 26%
Slovakia has seen a sharp drop in current hiring activity since the 76% spike in September / October 2010 and levels are now similar to what they were in the summer of 2010; however this figure is expected to rise again over the coming quarter. Firing levels are down by 9% from last quarter but are expected to rise significantly to 42% in the coming quarter.
Following a spike in hiring activity last quarter, the proportion of businesses taking on new managers and professionals has dropped by 19%, but is still higher than the 29% low of June 2010 with over half of employers currently recruiting and even more planning to do so over the next quarter. The proportion of organisations shedding staff is higher than the 19% predicted last quarter, having shot up from last quarters firing activity of 17%.
Ukraine
75% 75%
39%
32%
Hiring levels have dropped slightly in the Ukraine from last quarter, but are still significantly higher than in June 2010. The highest level of recruitment in the region, this figure is predicted to remain stable over the next quarter. The proportion of businesses shedding staff is lower than last quarter and did not reach the projected figure of 52%.
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EASTERN EUROPE
Eastern Europe & Eurasia Key Sectors

Hungary Key Sectors

25% 19% 2% 6% AUTOMOTIVE 31% 46% 11% 6% MANUFACTURING 29% 36% 29% 33% 28% 6% 0% PHARMA/MEDICAL 42% 6% 25%
1%
15% RETAIL
7%
14% SHIPPING & TRANSPORT 70% 50%
8%
2% 1% TECHNOLOGY - SOFTWARE
Page 13
EASTERN EUROPE
Eastern Europe & Eurasia Key Sectors

Poland Key Sectors

67% 54% 3% 1% AUTOMOTIVE 43% 45% 14% 18% COMMUNICATIONS 50% 46% 13% 8% ENGINEERING 46% 42% 11% 12% MANUFACTURING 63% 53% 9% 8% RETAIL 7% 7% SHIPPING & TRANSPORT 56% 13% 9% TECHNOLOGY - HARDWARE 20% 12% PHARMA/MEDICAL 68% 43% 12% 12% FMCG 56% 38% 2% 1% LEGAL 31% 23% 31% 26% PROPERTY 60% 58% 12% 13% CONSTRUCTION 50% 8% 8% BANKING & FINANCIAL SERVICES 34% 42% 13% 12% ENERGY & RENEWABLES 29% 32% 68% 62% 9% 7% CHEMICAL 31% 35% 22% 24%
49%
63% 12% 8% TECHNOLOGY - SOFTWARE Antal Global Snapshot | Edition 8 - March 2011 Page 14
EASTERN EUROPE
Eastern Europe & Eurasia Key Sectors Continued

Russia Key Sectors

71% 65% 18% 18% AUTOMOTIVE 41% 41% BANKING & FINANCIAL SERVICES 89% 78% 65% 60% 72% 72% 20% 20% CHEMICAL 40% 60%
93% 87%
44%
56% COMMUNICATIONS
15%
20% CONSTRUCTION
53%
33% ENERGY & RENEWABLES 80% 71% 68% 35% 23% MANUFACTURING
67% 83% 33% 33% ENGINEERING 48% 36% FMCG
86%
70% 80% 60% 30% MEDIA 21% 36% 64%
79% 50% 43% RETAIL
79% 82%
PHARMA/MEDICAL
56% 67% 56% 11% SHIPPING & TRANSPORT 22%
89% 89% 44% 33% TECHNOLOGY - SOFTWARE 67%
89%
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Middle East & Gulf Region Europe

Middle East & Gulf Region

(Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, UAE, Yemen)
Qatar
73% 73%
46% 34% 22% 25%
13%
7%
The overall hiring situation in the Middle East and Gulf region looks positive. However, ongoing political events may affect the 46% of organisations predicted to hire in the upcoming quarter and it remains to be seen how these political changes will affect employment rates.
Hiring levels are down slightly from last quarter and not as high as predicted. However the effects of Qatars 2030 Vision, designed to move the country away from its traditional dependence on oil and gas, are still evident. Hiring may be slightly down but its still relatively high and fewer businesses are letting staff go or planning to in the next quarter, meaning that staff retention is up and mainly new jobs are being created.
Saudi Arabia
76% 71%
UAE
57% 46%
11%
13%
10%
9%
As predicted last quarter, hiring activity at professional and managerial level has shot up, although not to the projected 89%. Last quarter, 43% of businesses said they were planning to shed staff this quarter, but only 11% are actively letting people go and just 13% of organisations are predicted to make cuts in the coming quarter.
Hiring activity in the UAE continues to fall, down from 53% in September / October 2010 however its expected to rise again over quarter two of 2011. The proportion of businesses shedding staff is up by a modest 1% since last quarter and is predicted to fall back to 9% in the coming quarter.
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MIDDLE EAST & GULF REGION

Middle East & Gulf Key Sectors

Middle East All Nations Key Sectors

41% 45% 23% 23% ACCOUNTANCY 17% 8% BANKING & FINANCIAL SERVICES 57% 74% 39% 61% 3% 7% CONSTRUCTION 43% 63%
68% 74%
57% 57%
11%
16% ENERGY & RENEWABLES 47% 56% 7% 7% RETAIL
6%
9% FMCG
10%
10% LEISURE
75% 75% 6% 8% TECHNOLOGY - HARDWARE 28%
64% 64% 16% TECHNOLOGY - SOFTWARE
Page 17

Africa
Angola
89% 67%
Egypt
75% 65%
11%
11%
15%
15%
Its been a fantastic quarter for Angola. The percentage of organisations hiring at managerial and professional level has shot up from 43% with a huge 89% planning to take on new staff in the next quarter. The proportion of organisations shedding staff has also dropped from 36% to just 11% with the trend predicted to continue into the next quarter.
This quarter Egypts hiring levels have gone up. But with recent political events, it remains to be seen whether the projected figure of 65% of businesses intending to hire in the next quarter will become a reality. Last quarter, 32% of organisations were shedding staff, compared to just 15% this quarter.
Ghana
70% 50%
Kenya
73% 73%
20% 10% 9% 0%
After a significant increase in both hiring and firing levels last quarter, Ghana is now experiencing a hiring boom, with levels shooting up from 41% to 70%.. Firing levels are way down from 28% last September / October with that figure set to rise to 20% in the coming quarter. As predicted last quarter, Kenya has seen a huge rise in hiring activity with 73% of employers currently hiring, compared to just 38% in September / October 2010. None of the organisations questioned plan to let go staff in the coming quarter, making this the lowest figure in Africa.
Page 18

Africa Continued...
Nigeria
South Africa
66% 70%
58%
58%
25% 17% 17% 13%
Rates of firing in Nigeria have gone down from 19% last quarter, but so have rates of hiring, from 66% in September / October 2010 to 58% this quarter. However hiring levels look to remain relatively strong with over half of employers continuing to recruit over the coming quarter.
Hiring is up marginally from last quarter in South Africa, but so is firing. At 17%, the percentage of organisations letting professionals and managers go is up 6% from last quarter, and is 7% higher than predicted. However, the outlook for next quarter looks good with hiring levels set to rise to 70% and firing expected to drop back down to 13%.
Page 19
AFRICA
Africa Key Sectors

South Africa Key Sectors

50% 75% 3% 15% 85% 90% 11% 67% 67%
1%
AUTOMOTIVE
15%
CHEMICAL
11%
COMMUNICATIONS
55% 55% 18%
100% 71%
53% 60%
29%
57% ENERGY & RENEWABLES 64% 82% 64% 24% 15% FMCG MANUFACTURING 3% 3% 20%
33%
ENGINEERING
27%
ELECTRONIC
68% 23% 14%
63% 63%
PHARMA/MEDICAL
64% 57% 21% 21% SHIPPING & TRANSPORT 4% 14%
71% 82% 22% 11% TECHNOLOGY - SOFTWARE
78% 78%
Page 20

Asia & Indian Subcontinent

China
71%
Hong Kong
74%
66%
70%
19%
20% 7% 7%
Last quarter, the percentage of businesses recruiting management-level and professional staff was one of the highest levels of recruitment recorded in its quarter at 81%. This quarter, recruitment levels have fallen below the expected 71% to 66%. However, firing levels are also down from last quarter and, at 19%, are 7% lower than the predicted 26% of last September / October.
The percentage of organisations taking on staff in Hong Kong has dropped slightly, but, with firing levels also falling to just 7%, the Hong Kong employment market is looking strong, particularly given that last quarter predicted 30% of organisations would be shedding staff.
India
Japan
81% 70%
63% 53%
23%
24%
21%
21%
The situation in India is less positive than last quarter, but only marginally. While hiring is down by 6%, it remains relatively high at 70% with a projected 81% of organisations planning to increase their head count next quarter. The percentage of organisations shedding managers and professionals has increased from 20% last quarter and looks set to increase marginally by a further 1% next quarter.
After a 20% jump in hiring activity to 73% last quarter, Japan has dropped 10% to 63% this quarter. However the percentage of organisations letting staff go did not rise to 38% as expected last quarter, but instead dropped from 35% to 21%.
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Asia & Indian Subcontinent Continued...

Malaysia
46% 31% 15% 15%
Pakistan
67% 56% 33% 33%
The recruitment market looked extremely strong last quarter with 78% of organisations hiring. Just three months later, the figures show a very different picture. With 74% of organisations predicting that they would hire this quarter, just 46% are currently hiring and this figure is expected to fall to 31% next quarter. However, firing activity has also fallen drastically, with firing levels down by 20% on last quarter, not nearly meeting the projected figure of 43%.
The employment market in Pakistan has remained stable since last quarters Snapshot, where similar numbers were shown. Current recruitment activity has risen modestly by 5%, but this is projected to fall to 56% next quarter.
Philippines
73% 73%
Singapore
35%
32%
27% 18% 9%
10%
After the spike in the recruitment market at 80% last quarter, recruitment levels have dropped by 7%, despite the prediction that they would rise to 91%. However at 73% this still represents one of the highest levels of hiring in Asia. The percentage of businesses shedding staff has also dropped by 3% and looks set to fall a further 9% next quarter.
Hiring levels have fallen drastically from 79% last quarter to just 35% only three months later with just 32% planning to hire at managerial and professional level next quarter. Over 90% of organisations are retaining their staff, however, with just 10% looking to shed staff in the coming three months.
Page 22
ASIA & INDIAN SUBCONTINENT

Asia & Indian Subcontinent Key Sectors

China Key Sectors

78% 89% 17% 28% ACCOUNTANCY 35% 41% AEROSPACE 76% 76% 22% 24% AUTOMOTIVE 82% 82%
63% 76% 9% 9% BANKING & FINANCIAL SERVICES 79% 82% 18% 20% CONSTRUCTION 38% 46% EDUCATION 25% 24% CHEMICAL
88% 86% 6% 9%
24% 48%
COMMUNICATIONS
92% 92% 39% 38% ELECTRONIC
85% 84%
79% 86% 19% 22% ENERGY & RENEWABLES 33% 33% ENGINEERING
73%
73%
Page 23

Asia & Indian Subcontinent Key Sectors Continued

China Key Sectors Continued

80% 80% 20% 23% FMCG 19% 25% LEISURE 83% 86% 18% 19% MANUFACTURING 58% 62%
77% 77% 15% 17% MEDIA 23% 27%
79% 79% 13% 13% PROPERTY
80% 73%
PHARMA/MEDICAL
70% 71% 23% 22% RETAIL 23% 24% SHIPPING & TRANSPORT 75% 78% 17% 18% TECHNOLOGY - SOFTWARE
77% 82% 12% 14%
38% 53%
Page 24


India Key Sectors

83% 67% 2% 4% ACCOUNTANCY 13% AUTOMOTIVE 29% 75% 79% 35% 37% BANKING & FINANCIAL SERVICES 74% 74% 21% 37% CHEMICALS COMMUNICATIONS 10% 7% CONSTRUCTION 80% 84% 75% 87%
73% 65% 8% 3%
50% 62% 10% 14% ENERGY & RENEWABLES 87% 100% 33% 47% HEALTHCARE 32% 29% 22% 33% ENGINEERING
78% 78% 27% 28% FMCG
66% 88%
79% 89% 33% 32%
67% 82%
MANUFACTURING
PHARMA/MEDICAL
66% 87% 26% 18% RETAIL 37% 43% TECHNOLOGY - HARDWARE
77%
94% 20% 22%
67%
76%
Page 25


Singapore Key Sectors

25% 22% 8% 14% ACCOUNTANCY 6% 11% AUTOMOTIVE 22% 22% 5% 10% BANKING & FINANCIAL SERVICES 20% 20% 7% 7% ENGINEERING 48% 57%
15% 29% 4% 4% CHEMICALS 16%
42% 47% 16% ENERGY & RENEWABLES 33% 41% 27% 33% FMCG MANUFACTURING 5% 2%
47% 29% 24% 24%
47% 14%
MEDIA
60% 63% 2% 2% PROPERTY 13% 13%
50% 44% 24% 19% RETAIL
43%
19% SHIPPING & TRANSPORT
26%
33%
Page 26

The Americas
Argentina
67%
Brazil
76% 71%
60%
27% 13%
24%
31%
Last quarter, Argentina had the lowest level of hiring in the Americas. Three months on, the picture is decidedly more optimistic. Hiring has gone up from 46% to 60% and this trend is set to continue, with hiring levels predicted to rise to 67% next quarter. More organisations are shedding staff, but nowhere near the 42% predicted last quarter, with figures set to drop further to just 13% next quarter.
Recruitment levels in Brazil have risen steadily quarter on quarter and have improved even further in the past three months. The number of organisations letting staff go has decreased again from 28% last quarter but look set to rise to 31% in the next three months.
Canada
68% 59%
Mexico
76%
81%
27% 14% 24% 14%
After a fairly consistent six months, the Canadian employment market has taken a slight dip with 68% of employers currently recruiting managerial and professional staff compared to 76% last quarter. Although Canada has lost its position as the having the highest level of hiring in the Americas, recruitment activity remains strong and firing has fallen from 42% last quarter to just 14%.
Hiring levels in Mexico have picked up again after a drop last quarter to 52% and are expected to continue to rise to 81% in the coming three months. The percentage of businesses letting managers and professionals go has fallen by 10% but looks set to rise again to 24% next quarter.
Page 27

The Americas Continued...

USA
76%
73%
34% 24%
The employment market in the USA continues to improve this quarter as hiring figures have shot up 10% in the past three months and are set to remain high in the coming quarter. The percentage of organisations shedding staff has also fallen from 33% last quarter, improving the outlook in the USA all round.
Page 28

Oceania
Australia
New Zealand
50% 42% 33% 25% 25% 29%
79%
79%
The level of hiring of professionals and managers in Australia has risen by a modest 1% and is set to remain high in the coming quarter. Fewer organisations are letting go at managerial and professional level this quarter a drop of 8%.
Compared to its neighbour, Australia, the New Zealand jobs market has plummeted in the past three months with hiring activity dropping by 24%. Fewer businesses are shedding staff though, with just a quarter currently letting staff go compared to last quarters 42%.
Page 29
THE ANTAL GLOBAL SNAPSHOT THE CURRENT PICTURE
Winners and Losers Regions The Americas recorded the highest recruitment levels with an average of 70% of businesses hiring at managerial and professional level this quarter. Oceania is close behind this figure with 69% of organisations currently hiring. Western Europe has the lowest average hiring level, with just 38% of organisations in the region currently taking on staff. The Middle East and Gulf Region scored reasonably, with 52% of participating organisations hiring at present.
Winners and Losers Sectors Across the globe, the sectors with the highest levels of recruitment at managerial and professional level were: 1) 2) 3) 4) 5) Social Media Services Healthcare Retail Banking & Financial Services
The lowest were legal, communications and pharma/medical, all falling below 40%.
Global Snapshot The Worldwide Picture Are you currently hiring at managerial/professional level? 50% Are you currently letting people go at managerial/professional level? 16%
Page 30
THE ANTAL GLOBAL SNAPSHOT THE OUTLOOK

Winners and losers Regions 52% of organisations are expecting to hire in the coming quarter, compared to last quarters prediction of 58%, but the outlook is still positive. The most active region is the Americas, with 73% of businesses expecting to take on managers and professionals in the next three months. In contrast, just 41% of organisations in Western Europe expect to take on staff in the next quarter, a figure thats fallen from the projected 58% last quarter.
Global Snapshot the worldwide picture Do you expect to hire at managerial/professional level over the coming quarter? 52% Do you expect to let people go at managerial/professional level over the coming quarter? 17%
Page 31

Conclusion
A return to stability Forgive the clich, but weve been on quite a rollercoaster ride in recent years. From the crashing lows of the recession to the spikes in recruitment activity and then the steady but faltering recovery, weve had a rocky journey. The good news is, then, that the employment market is finally rightsizing and steadying. Although current recruitment activity is down by 7% from last quarter, this is matched by the percentage of organisations letting staff go, which has also dropped by 7% from 23% last quarter. Effectively, this means that recruitment activity is down slightly because staff retention is up, and less staff turnover equals a more stable global market. Western Europe has taken a hit, recording the lowest levels of recruitment activity of all regions. However, the Americas region has overtaken the Asia-Pacific region in having the highest demand for professionals and managers, signifying a small rebalance in economic power. The unexpected rising star is Luxembourg, with 86% of businesses currently recruiting, vastly outshining its Western European neighbours in demand for professionals and managers. Although recruitment is down slightly on a global level, the percentage of organisations that are currently recruiting is still relatively high and staff retention is on the rise and is predicted to remain consistent in the coming quarter. Although the results are less dramatic than in recent months, its safe to say that the storm of economic uncertainty is finally settling into clearer and calmer waters, and is predicted to remain stable in the next three months.
Antal International would like to thank all respondents for their participation in this edition of the Antal Global Snapshot, as a result Euro 6211 was donated to the Antal Charitable Foundation, our charity which supports Chance UK, Duke of Edinburgh's Award, Antal Force4Good, the Akanksha Foundation and other charities.
Contact If you would like any further information about material included in this report or would like to reserve a copy of the next Global Snapshot, contact Graham Coates at GCoates@antal.com or your local Antal office see www.antal.com for more details.
Graham Coates Antal International Philippines Level 12 Robinsons Summit Center 6783 Ayala Avenue, Makati City 1226 Metro Manila, Philippines Tel: +632.4781859 Fax: +632.4791555 Email: GCoates@antal.com www.antal.com www.snapshot.antal.com www.antalventures.com www.antalcharitablefoundation.com
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THE ANTAL GLOBAL SNAPSHOT

Chairman and CEO Antal International

About Antal International

Antal Global Snapshot | Edition 8 - March 2011

THE ANTAL GLOBAL SNAPSHOT

61% 37% 37%

Antal Global Snapshot | Edition 8 - March 2011

THE ANTAL GLOBAL SNAPSHOT

Western Europe Continued...stern Western Europe

Antal Global Snapshot | Edition 8 - March 2011

THE ANTAL GLOBAL SNAPSHOT

Western Europe Continued...stern Europe

Antal Global Snapshot | Edition 8 - March 2011

Western Europe Key Sectors

Germany Key Sectors

40% 50% 20% 25% COMMUNICATIONS 5% 3% 34%

48% 43% 11% 11% ELECTRONICS

ENERGY & RENEWABLES

25% 27% 6% 6% PHARMA/MEDICAL 14% 29%

48% 33% 19% 10% RETAIL

SHIPPING & TRANSPORT

44% 44% 9% 9% TECHNOLOGY - HARDWARE 8% 9%

Antal Global Snapshot | Edition 8 - March 2011

Western Europe Key Sectors Continued

Italy Key Sectors

75% 88% 25% 50% COMMUNICATIONS 22%

62% 73% 20% 18% ENERGY & RENEWABLES

40% 60% 40% ENGINEERING

58% 62% 15% 14% RETAIL 14%

57% 86% 57% SHIPPING & TRANSPORT 16%

14% TECHNOLOGY - HARDWARE

Antal Global Snapshot | Edition 8 - March 2011

Western Europe Key Sectors Continued

Netherlands Key Sectors

27% 45% 30% 39% COMMUNICATIONS 4% 6%

22% 33% 50% 38% ENERGY & RENEWABLES ENGINEERING 63%

45% 55% 45% 36% PHARMA/MEDICAL 14% 18%

38% 45% 15% 15% TECHNOLOGY - HARDWARE 8% 9%

Antal Global Snapshot | Edition 8 - March 2011

Western Europe Key Sectors Continued

Spain Key Sectors

35% 47% 18% 24% COMMUNICATIONS

20% 20% 48%

53% 53% 35% 24% RETAIL

30% 29% 25% 27% 30%

Antal Global Snapshot | Edition 8 - March 2011

Western Europe Key Sectors Continued

60% 60% 40% 40% ENGINEERING 36% 36%

Antal Global Snapshot | Edition 8 - March 2011

THE ANTAL GLOBAL SNAPSHOT

Eastern Europe & Eurasia

15% 12% 18% 6%

Antal Global Snapshot | Edition 8 - March 2011

THE ANTAL GLOBAL SNAPSHOT

Eastern Europe & Eurasia Continued...

32% 18% 12%

Antal Global Snapshot | Edition 8 - March 2011

THE ANTAL GLOBAL SNAPSHOT

Eastern Europe & Eurasia Continued...

67% 58% 42% 25% 55%

62% 36% 26%

Antal Global Snapshot | Edition 8 - March 2011

Eastern Europe & Eurasia Key Sectors