Austria’s Most Engaging Employers 2022

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

Wage is an important for younger expertise and younger professionals  

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

Scarcity of Expert Staff – Job Postings Stagnate   

Based on the StepStone Expert Employee Atlas, 136,500 jobs had 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 entire variety of job postings declined barely as an alternative of accelerating.  

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

Employer Branding is a precedence 

“The Employer Model is turning into more and more vital, as a result of what good is a powerful client model if I can’t discover any staff? It’s essential to safe one of the best expertise,” explains Mats Röjdmark, CEO of Universum, the Employer Branding company of the StepStone Group. “Based on Universum’s EB NOW 2022 survery, Austrians are significantly satisfied that with Employer Branding, the scenario could be mitigated- 70% of the worldwide consultants inside the personnel vary and 91% of Austrian respondents are satisfied that Employer Branding is excessive precedence”, mentioned Röjdmark. 

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

Wage is most vital for younger expertise and profession starters  

A aggressive base wage is an important standards for Austrian college students with regards to the attractiveness of a job. This 12 months, college students anticipate 6 % greater than what they anticipated final 12 months, particularly a median annual gross wage of €39,400. Feminine college students anticipate round 17 % much less wage than their male counterparts.

“The financial sphere continues to be very dominant in Austria and, particularly in instances of an worker market, evidently firms can improve salaries so as to shortly appeal to expertise. Lengthy-term, nevertheless, 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 simply wish to appeal to these candidates who got here only for the wage.” 

Daniel Hauser, Employer Branding Specialist CH&AT. 

Versatile working circumstances are a must have  

“Versatile working circumstances” strikes up three locations in comparison with the earlier 12 months. In Austria, the power to work from your private home workplace was extra vital than in Germany or Switzerland. Along with this, 64% of the surveyed college students anticipate a lovely employer to supply some type of hybrid work fashions.   

Responses additionally footwear that almost all favor to work a median of two to a few 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”, categorised asstudents with excellent 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 work at home. The older age of the respondent, the upper the need to work at home grew to become. With reference to different demographic breakdowns, ladies take into account 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 stability have elevated strongly. It is a clear signal from the market that these will not be simply short-term developments,”

explains Daniel Hauser, Employer Branding knowledgeable at Universum.

Though frequently gaining reputation, there are additionally some issues from respondents related to working remotely. The most important issues uncommon:  

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

• Concern of overworking and never having the specified work-life stability (25%) 

Business winners and losers 

The most well-liked industries in 2022 are Audit & Consulting.  

The ‘Huge 4’ and McKinsey & Co managed to reverse the damaging development of earlier years. Employers within the automotive business are among the many largest winners in a number of of the key fields of examine, a development additionally seen in Germany. “We’ve seen decrease curiosity within the automotive business in a number of markets lately. Throughout Covid, these had been related to short-time work, and fewer market success. Now that crops are again to totally operational, they appear to be gaining traction once more,” Hauser mentioned. Public establishments and non-profits are dropping their attraction. Stability is not as vital because it was a 12 months in the past.

Prime 5 employers

Crimson Bull and Google have been the favourites for Crimson Bull and Google have been the favourites for enterprise college students because the begin of the examine in 2008 and stay so this 12 months. Google as one of the crucial engaging employers worldwide and Crimson Bull as a profitable native participant carry out very nicely in Austria. Microsoft is in third place and is making nice good points (2021: seventh place) because the begin of the examine in 2008 and stay so this 12 months. Google as one of the crucial engaging employers worldwide and Crimson Bull as a profitable native participant carry out very nicely in Austria. Microsoft is in third place and is making nice good points (2021: seventh place)