34% of Companies Plan on Raising Headcount This Year
Photo by Den Rise / Shutterstock.com
Around 34% of mid-sized and big companies in Hungary plan to raise headcount this year, according to an annual survey of HR managers and corporate executives at close to 250 businesses by staffing company Randstad Hungary, writes hrportal.hu.
The ratio is down from 89% in the survey conducted a year earlier.
Around 97% of respondents plan pay rises this year, most in the 6-15% range. About 71% of companies put higher payroll costs among their biggest challenges, while 61% mentioned higher operating costs and 43% bigger energy bills.
To respond to those challenges, 62% of companies plan to reassess labor needs, while 50% aim to cut operating costs, 48% suspend recruitment, 39% raise prices, and 35% take steps to save energy.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.