swissstaffing - Verband der Personaldienstleister der Schweiz
Swiss Staffingindex - Weak franc and strong economy boost staff leasing sector
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The economic revival is leaving its mark on the Swiss employment market. Thanks to healthy order volumes and stable consumption, companies across all industries are hiring new employees. In the first quarter, this trend can be seen in the rising order volumes of private staff leasing companies. The number of hours worked rose by 15.3 percent compared to the previous year, a figure used by the staff leasing sector to measure its performance. This is the first time in the history of the Swiss Staffingindex that the industry has seen double-digit growth.
Staff leasing companies support the economy with recruitment
The upturn in the staff leasing sector is being buoyed by an increase in demand from industry. The attractive global economic situation is resulting in rising demand for capital goods such as machines and production facilities, while the weakening Swiss franc is making Swiss mechanical and electrical engineering companies more competitive. In order to cover the higher number of orders, companies often need to quickly recruit more employees. The around 5,000 staff leasing advisers working for staff leasing companies across Switzerland are an important resource in bringing employers and employees together and contribute to making the most of domestic potential.
Staff leasing: a reflection of the employment market
The growth of the staff leasing sector shows how closely connected staff leasing companies are to the economic situation. As staff leasing companies are on the front line with new hires, general employment market trends are reflected many times over in staff leasing companies' operations. Due to high competitive pressure on the market, the current upturn is not being translated into increasing profit margins. A new study by swissstaffing shows that two-thirds of staff leasing companies rate the current level of competition as high or very high.
Other statistics are available here: http://ots.ch/nLiVx6
Contact:
Marius Osterfeld, Economist
Tel: 044 388 95 40 / 079 930 45 25, marius.osterfeld@swissstaffing.ch
Blandina Werren, Head of Communications
Tel: 044 388 95 35, blandina.werren@swissstaffing.ch
www.swissstaffing.ch
www.temporary-work.ch