Survey: Hungarian firms decry engineer shortage


Hungarian companies consider the shortage of engineers on the local labor market the biggest problem, so serious that it could pose risks for their strategies by the end of next year, Hungarian online daily reported today, based on a survey it commissioned from consultants Aon Hewitt.

The survey included 100 companies active in Hungary, of which 42 said that by the end of 2017, an expected growing shortage of engineers could expose them to risky situations. The segments mostly affected are vehicle and transport engineering, mechanical and electrical engineering, as well as other mechanical and IT industries, reported. 

However, Péter Tokár, a recruitment specialist at personnel consulting firm Tesk Group, told the paper that skilled professionals are available on the market, but that companies are not paying sufficient money for their skills. “We need to treat our employees as a real investment,” Tokár pointed out.

The survey also concluded that it is becoming common knowledge among recruitment and HR experts these days that companies are not only required to invest in branding their products, but need also to make themselves attractive as employers if they wish to lure skilled employees.


PMI Falls Under 50 Analysis

PMI Falls Under 50

Horthy Statue to be Unveiled in Parliament Parliament

Horthy Statue to be Unveiled in Parliament

Blue Chip Art and Passion Assets - Claudia Worthington Hess ... Podcasts

Blue Chip Art and Passion Assets - Claudia Worthington Hess ...

Magyar Posta to Close 35 Post Offices in Capital City

Magyar Posta to Close 35 Post Offices in Capital


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.