27.07.2018 – 10:01
Swiss Staffingindex - Half-yearly balance sheet: The staffing industry grows 12.9 percent
The Swiss employment market is booming, and this is also affecting Swiss staff leasing companies. Working hours performed by temporary workers rose by 12.9 percent in the first half of the year compared to the same period of the previous year. In the 2nd quarter, growth slowed to 10.5 percent. Job applicants are increasingly benefiting from the current economic upturn, which is bringing new opportunities to enter into employment.
A normal form of employment: 360,000 temporary workers
The latest figures from SECO show that in 2017, 360,000 people were temporary workers in Switzerland. In full-time equivalents, this corresponds to 2.3 percent of total employment. On the employment market, temporary employment is an entirely normal form of work among many others. Therefore, staff leasing companies are no longer seeing themselves merely as the rapid suppliers of short-term manpower but also as providers of extensive staffing services. In particular, small and medium-sized businesses are taking the opportunity to have a professional HR team despite their small size.
Risks: Trade war and the job registration requirement
The current boom in temporary work is due to strong growth in jobs in the industrial sector. The international economy and the weaker franc are spurring on exports and creating more jobs thanks to new orders. Consequently, the threat of a trade war is also hovering over the Swiss staffing industry. Within Switzerland, the job registration requirement threatens to make life difficult for staff leasing companies. Given that staff leasing companies are constantly seeking suitable candidates and that they place them quickly, the registration requirement often slows things down instead of helping them along. Yet the job registration requirement is also an opportunity: Staff leasing companies can support their corporate clients in the implementation process.
Other statistics are available by clicking on this link: http://ots.ch/u4QtRr
Marius Osterfeld, Economist
Tel: 044 388 95 40 / 079 930 45 25
Blandina Werren, Head of Communications
Tel: 044 388 95 35