Austria’s Most Engaging Employers 2022

Universum Rating reveals that are the Most Engaging Employers in Austria for 2022

Wage is crucial for younger expertise and younger professionals  

• 10,000 college students at 33 Austrian universities and schools surveyed  
• Work-life steadiness among the many prime ten preferences for the primary time  
• House workplace extra vital in AT than in DE or CH  
• Public establishments and NPOs lose attractiveness 

Scarcity of Expert Employees – Job Postings Stagnate   

In accordance with the StepStone Expert Employee Atlas, 136,500 jobs have been marketed on Austria’s job portals within the third quarter of 2022 – 7,000 fewer jobs Austria-wide than within the earlier quarter.

For the primary time in two years, the overall variety of job postings declined barely as a substitute of accelerating.  

“We’re beginning to see a levelling at a really excessive degree,” saysNikolai Dürhammer, Managing Director of StepStone AT & CH. This nonetheless, doesn’t imply that there shall be an easing on the labour market. “Though a recession is looming, corporations promote as a result of they urgently want workers. They’ve discovered a beneficial takeaway from the pandemic: that it’s best to additional recruiting initiatives and appeal to prime expertise. That’s after all, at the least so long as their liquidity permits it.” 

Employer Branding is a precedence 

“The Employer Model is changing into more and more vital, as a result of what good is a robust shopper model if I can’t discover any workers? It’s essential to safe the very best expertise,” explains Mats Röjdmark, CEO of Universum, the Employer Branding company of the StepStone Group. “In accordance with Universum’s EB NOW 2022 survery, Austrians are significantly satisfied that with Employer Branding, the state of affairs might be mitigated- 70% of the worldwide consultants throughout the personnel vary and 91% of Austrian respondents are satisfied that Employer Branding is excessive precedence”, stated Röjdmark. 

To do that, nonetheless, it’s mandatory to know what attracts sought-after professionals. Within the case of younger professionals, the present examine gives the much-needed insights.  
 

Wage is most vital for younger expertise and profession starters  

A aggressive base wage is crucial standards for Austrian college students in terms of the attractiveness of a job. This yr, college students count on 6 % greater than what they anticipated final yr, particularly a mean annual gross wage of €39,400. Feminine college students count on round 17 % much less wage than their male counterparts.

“The financial sphere remains to be very dominant in Austria and, particularly in occasions of an worker market, evidently corporations can enhance salaries with the intention to rapidly appeal to expertise. Lengthy-term, nonetheless, such a transfer solely negatively impacts the expertise market. I like to recommend seeing wage as a hygiene issue whereas specializing in the remaining eight attributes. Additionally, I doubt that you just need to appeal to these candidates who got here only for the wage.” 

Daniel Hauser, Employer Branding Specialist CH&AT. 

Versatile working circumstances are essential  

“Versatile working circumstances” strikes up three locations in comparison with the earlier yr. In Austria, the power to work from your house workplace was extra vital than in Germany or Switzerland. Along with this, 64% of the surveyed college students count on a lovely employer to supply some type of hybrid work fashions.   

Responses additionally sneakers that almost all choose to work a mean of two to 3 days from residence per week. The distant work issue has a very excessive precedence for college students from engineering/IT and enterprise background, in addition to for “excessive achievers”, labeled asstudents with superb success and the need to proceed this success. 

As well as, the responses whowed a direct correlation between age of the respondent, and the need to do business from home. The older age of the respondent, the upper the need to do business from home grew to become. With regard to different demographic breakdowns, girls contemplate it to be much more vital.

“We’ve got been capable of observe all through the DACH market that the expectations for versatile working circumstances in addition to the work-life steadiness have elevated strongly. It is a clear signal from the market that these aren’t simply momentary developments,”

explains Daniel Hauser, Employer Branding skilled at Universum.

Though regularly gaining recognition, there are additionally some considerations from respondents related to working remotely. The most important considerations uncommon:  

• Isolation and concern about lacking social contact with colleagues (56%).  
• Lack of involvement within the group (43%)  
• Employer desire for the workers who’re current (36%)  

• Worry of overworking and never having the specified work-life steadiness (25%) 

Business winners and losers 

The preferred industries in 2022 are Audit & Consulting.  

The ‘Large 4’ and McKinsey & Co managed to reverse the adverse pattern of earlier years. Employers within the automotive business are among the many greatest winners in a number of of the most important fields of examine, a pattern additionally seen in Germany. “We’ve seen decrease curiosity within the automotive business in a number of markets in recent times. Throughout Covid, these have been related to short-time work, and fewer market success. Now that crops are again to completely operational, they appear to be gaining traction once more,” Hauser stated. Public establishments and non-profits are shedding their enchantment. Stability is not as vital because it was a yr in the past.

Prime 5 employers

Purple Bull and Google have been the favourites for Purple Bull and Google have been the favourites for enterprise college students for the reason that begin of the examine in 2008 and stay so this yr. Google as probably the most engaging employers worldwide and Purple Bull as a profitable native participant carry out very nicely in Austria. Microsoft is in third place and is making nice positive factors (2021: seventh place) for the reason that begin of the examine in 2008 and stay so this yr. Google as probably the most engaging employers worldwide and Purple Bull as a profitable native participant carry out very nicely in Austria. Microsoft is in third place and is making nice positive factors (2021: seventh place)