APEC, a new vision for executive recruitment

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Apec February 14. Henri-Vincent AMOUROUX, Chair of the New Aquitaine Regional Joint Committee and Danielle SANCIER, Regional Delegate New Aquitaine presented the results of theAPEC study on “the framework labour market in 2018 and 2017 in RNew Aquitaine region.” A presentation under the best auspices since the executive job market is now more than favorable. Recruitment is indeed on the rise, whether out of increasing enthusiasm for the dynamism of the Region. or real confidence in the current market, which benefits all sectors.

A plural favourable development on the national territory

In 2017, the positive trend is expected to continue in 2018, with a forecast of 270,000 recruitments, an increase of 13%. Among the affected sectors, Services with more than 59% of total recruitments in 2017. For 2018, 61% on the forecast, which represents about 196,000 executive hires.

Secondly, the Industry sector accounts for 22% of recruitments in 2017, with a slight decrease of 1% expected for 2018. Finally, according to the APEC study, Trade, with 9% of recruitments in 2017, which is expected to represent roughly the same share for 2018. These sectors should be driven by the country’s good economic health.

In 2017, the most sought-after executive functions are IT (60% of hires, or more than 58,000 positions). In addition, research and development (approximately 50,000 hires) and Commercial (46,000 hires).

A broadly balanced regional network

In the lead, Ile-de-France alone accounts for half of France’s executive recruitment, or more than 126,000 recruitments. It is followed by the Auvergne Rhône-Alpes, with more than 31,000 executive hires, and by Occitanie, with about 17,000 recruitments.

New Aquitaine,meanwhile, is in sixth place with a forecast of executive hiring of more than 13,000 in 2018, a 14% increase over last year. Further study showed recruitment at the sub-regional level. Aquitaine is far ahead with a share of executive hires of 63%, compared with 28% for Poitou-Charente and only 9% for Limousin.

In general, almost all regions are expected to experience an increase in hiring.

The most popular business candidates according to APEC

Companies have changed in recent years the way they recruit but also the type of profile they are looking for. Applicants with less than six years of experience are welcome. For 2018, it will be profiles of one to ten years of experience that will account for more than 57% of the hires. Senior profiles, with more than twenty years of experience, would face a more delicate hiring, with an expected decrease of 6%.

Last year, for example, in New Aquitaine, recruitments accounted for more than 12,000 executive hires compared to 4,000 for internal promotions in an executive function, three times less. In 2018, the trend is expected to remain the same. This represents a decrease below the 4,000 mark for internal promotions and an increase above the 13,000 for recruitment.

A favourable economic climate for 2020

First, the economic climate of 2017,as a matter of APEC, tends to be favourable to the job market for 2018. 2017 was a good year for growth, with GDP rising by more than 1.9%. The same should be true for years to come, APEC experts talk about “sustainable growth” until 2020. The climate is also favourable in terms of the international environment, which accelerates some activities and brings some stability to others – for example: oil, finance.

At the domestic level, with strong growth in household investment, this has helped to revive the construction sector, with more than 5.2% in 2017 of real estate built, but also the agricultural and industrial sector.

But it’s not just households that are investing, so are businesses, with more than 4.4% in 2017, a trend that should be confirmed in 2018. This enthusiasm for investment and household consumption would allow growth to continue at around 1.9% until 2020. This growth is accompanied by a decline in unemployment (9.5% at the end of 2017). And an increase of more than 6% in executive hiring is above the 250,000 threshold.

All indicators show that executive hiring is not about to stop across the country and across all business sectors until 2020. Enough to cause an uptover of theeconomy in New Aquitaine.

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