Budapest, October 25 (MTI) – Fully 57 percent of Hungarian employers have trouble filling positions, a survey conducted by staffing company ManpowerGroup released on Tuesday shows.
Altogether 32 percent of the survey’s respondents said they were struggling with a lack of applicants for the vacant positions while 31 percent complained of a shortage of skilled labour.
ManpowerGroup found that the shortage of skilled labour in Hungary exceeded the global average by 17 percentage points.
Fully 31 percent of the employers surveyed said they believed that staff training programmes could serve as a solution to the shortage of skilled labour, while globally 51 percent of the employers apply this solution.
The top 10 of posts employers worldwide are struggling to fill is almost identical to the list of occupations facing labour shortages in Hungary. The most sought-after workers include skilled labourers, engineers, drivers, IT specialists, accountants and financial experts, the survey found.
László Dalányi, ManpowerGroup’s managing director for Hungary, said Hungarian employers suffer from the labour shortage more than other countries globally because they not only have to compete for skilled employees with domestic competitors but with employers from western Europe and other surrounding countries. The most significant disadvantage in this competition is the low payment Hungarian companies offer. However, the Hungarian employers believe that with raising salaries, they would risk their competitiveness, while at the same time the shortage of skilled labourers has increased so significantly that it, too, endangers their competitiveness.
The survey was carried out across 42 countries.
Employers set apart in western EU nations, or North American states countries can still compete with each other if they know how. The only reason why the company would get the work is not because of a slight cost discount verses a huge cost discount, it’s because the of the owners greed to see double digit profits or more (Greed). This is where greed gets the better of most as they begin to get undercut with time with business owners not as greedy, but more moderate toward employees, but expect more from them too. Like China and other asian countries, central and east Europe with soon enjoy higher living standards and people out west seeking out a better life will soon return to a higher living standard, we just have to wait some.