MEOS Q4 2024
ManpowerGroup Employment Outlook Survey in Switzerland
Get an insight of Swiss employers' hiring plans for the fourth quarter of 2024
downloadKey findings
- Swiss companies are confident about the fourth quarter of 2024: with a Net Employment Outlook (NEO) of 32%, employers report a decrease of 2 percentage points from the previous quarter and 6 percentage points from the same quarter a year ago.
- Switzerland is 11 percentage points above the EMEA average of 21% – In France and Germany, the employment outlook for the fourth quarter of 2024 remains stable at 22%; Italy is moderately optimistic at 19%, while Austria announces a figure well below that for the fourth quarter of 2023, with an NEO of 15%, due to the current stagnation in the economic situation.
- Regional Differences and Sectoral Trends – While Central Switzerland is booming with a Net Employment Outlook of 60%, Ticino continues to report a negative Outlook of -4%. The outlook is particularly positive in the Information Technology sector (46%), and in the Consumer Goods & Services sector (43%), driven by digital transformation and seasonal business events.
- Focus on employee retention, diversity and ESG strategies – The majority of Swiss companies are actively promoting employee retention and increasingly aligning their recruitment strategies with ESG objectives. As far as diversity strategies to promote acceptance of different sexual orientations and gender identities are concerned, 64% of the companies surveyed said that they were still at an early stage.
A message from Eric Jeannerod, Country Manager ManpowerGroup Switzerland
«This moderate trend reflects the current state of the Swiss economy, marked by slow but stable growth. It is notable that, despite a slight slowdown compared to previous quarters, Switzerland continues to have the most optimistic employment outlook in the EMEA.
The main difference between Switzerland and the rest of Europe lies in the split between companies that want to increase their headcount and those that want to reduce it. The segment of optimistic companies (38% in Switzerland) is larger than elsewhere and explains the country's position in the EMEA rankings.»
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Every quarter, the ManpowerGroup Employment Outlook Survey determines companies' forecasts for staffing levels in the coming quarter. Internationally, ManpowerGroup surveys approximately 40000 employers in 40 countries. In Switzerland, the national survey is conducted by Right Management Consultants. More than 500 employers from various industries were surveyed.