Apec emphasizes the “uncertaintiesthat surround this forecast:inflation, geopolitical tensions, banking instability, social conflicts“. supattra suparit / Adobe Stock
Executive recruitment should stabilize “at a very high level” in 2023, according to forecasts by the Association for Executive Employment (Apec).
Executive employment recorded records in 2022 with more than 300,000 recruitments, a threshold which should be exceeded again in 2023, thus stabilizing.at a very high level“, according to the forecasts of the Association for the employment of executives (Apec) published Tuesday. In 2022, the recruitment of executives on permanent or fixed-term contracts of one year and more reached 308,300, an increase of 15% over one year, indicates Apec. The previous record dates back to 2019 (281,300).
For 2023, “the volume of managerial hires should be stableto 308,800, thus remaining “at a very high level(10% above the pre-crisis level), continues Apec while emphasizing the “uncertaintiesthat surround this forecast:inflation, geopolitical tensions, banking instability, social conflicts“. This stability forecast hides disparities. By sector, high value-added services (IT, engineering-R&D, consulting, banking-insurance) should remain well oriented, while industry, trade and constructionwould mark time“.
And only five regions would record progress and new records (Île-de-France, Auvergne-Rhône-Alpes, Provence-Alpes-Côte d’Azur and Corsica, Occitanie and Pays de la Loire) while the other territories “would see their volume of executive recruitments contract“. The study is based on an annual survey of a representative sample of 8,000 private companies, interviewed by telephone from November 14, 2022 to January 24, 2023.
Read alsoExecutives: when the market is close to full employment
Rebound in the integration of young graduates
Another Apec survey also published on Tuesday and focusing on the integration of young graduates shows that it is returning to and even exceeding its pre-crisis level. Twelve months after graduation, 88% of young Bac+5 graduates and above surveyed at the start of 2023 are employed. The rate was 85% for young people surveyed in early 2020, before the health crisis and 69% for young people surveyed in 2021.
Nearly seven out of ten young graduates (68%) are on permanent contracts and the median salary is 32,000 euros gross per year, these indicators returning to their pre-crisis level. The study also shows that remuneration is the main demotivating factor at work for young graduates (42%) ahead of the feeling of being bored at work (34%) and the lack of recognition (34%) or the lack of interest or sense of mission (29%).