Insights

When Should Salary be Discussed in the Recruitment Process?

When Should Salary be Discussed in the Recruitment Process?

A few weeks ago, we put out a poll via LinkedIn, asking the question: “At what stage should salary information be available when applying directly to a company?”

This was clearly an emotive topic, as the poll received over 3,300 votes and 90 comments sharing thoughts and debating various points.

The results were as follows:

  • Salary should be on the advert – 62%
  • First screening with TA/HR – 28%
  • 2nd or 3rd interview – 6%
  • Final interview/offer stage – 5%

The results speak for themselves; people feel that salaries should be discussed sooner, rather than later, but is this likely to happen in the current market?

If you are a candidate who is actively looking for a new role and has multiple interviews ongoing, it can be an exhausting process, particularly when some processes could be concluded far earlier if salary information was known. As one commenter said: “In a restaurant, would you choose something from a menu with no prices?”

The lack of clarity at an early stage can make the recruitment process inefficient and ineffective for both candidates and companies, particularly as similar job titles have huge variations in salaries attributed to them.

The impact on recruitment

A company recently advertised a position with a Controller job title, resulting in over 70 applications, but salary was not addressed until the final interview stages. Ultimately, salary differences ruled out the preferred candidates, meaning a lot of time had been wasted on both sides, without achieving a result. Our extensive market knowledge means we know the role attracted interest from people looking for between 150-300k CHF, despite the salary available being below 200k CHF.

EMEA Recruitment then supported the company and provided a shortlist of candidates who met both the job and salary criteria within a very short space of time, resulting in a successful appointment.

Will things ever change?

We do not think the commercial sector will revert to adding salaries to their advertisements, primarily for reasons of confidentiality with regards to current employees.

This is one of the key reasons why hiring will continue to move to recruitment consultancies, particularly in a competitive recruitment climate where the process needs to be as efficient and speedy as possible.

As an agency, although we don’t typically advertise salaries on our adverts, we always discuss packages with people in the first conversation we have with them about a job, to ensure an efficient and transparent process.

Our job is to engage with the best talent in the market and, just because one role we are recruiting for might not fit, we will often have another opportunity that will. Very often, by having a chat with someone, we get a sense of other companies or roles that could be a match for them, which wouldn’t be possible if they didn’t apply.

As competition for high quality individuals has increased, we have recent examples of companies paying up to 30k CHF above the planned salary in order to secure a highly sought-after individual.

As recruitment professionals, our job is to be transparent with all parties. Therefore, we sit firmly in the camp of checking salaries at the first screening/interview stage, and to continue checking at every stage of the process, just in case something has changed along the way.

If you would like to discuss any aspect of this report, current market conditions or our recommendations for a smooth recruitment process, whether as a candidate or a hiring/recruitment manager, don’t hesitate to get in touch with John Bower, Director for Finance & Accountancy recruitment in Switzerland: [email protected] 

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Which Procurement Skills are In Demand?

Which Procurement Skills are In Demand?

With Procurement under increased pressure, the skills that are in demand are changing...

As a result of multiple factors, including, but not limited to COVID-19, Procurement departments have experienced significant stress in the last 18 months, and this is predicted to continue, especially within a number of harder hit direct material commodities and those industries subjected to continued oil and gas price fluctuations.

Material availability, price increases, volatility and supply chain disruptions have all come to the fore, creating a perfect storm within Procurement & Supply Chain. This has highlighted the need for Procurement leaders to develop or seek different skillsets. Before this disruption, commercial ability, stakeholder and relationship management, understanding of data and digitization, and cross-functional integration were all desirable skills, but now they are becoming essential for our clients.

To survive in the new market, Procurement leaders need to be predictive and agile. They need to understand trends and integrate cross-functionally now more than ever. The challenges brought mean the skills that Procurement leaders were discussing as highly desirable or skills for the future are skills for now; they are becoming the basic toolkit Procurement professionals need to navigate a new landscape for the coming years.

Our clients are seeking influencers, not the traditional strong negotiator – just being price focused, negotiating tough rebates, liabilities etc. are given hard skills, but they won’t build Procurement’s influence across the wider organisation. In the new landscape, a strong negotiator is someone with the capability to understand internal and external requirements and foster long-term partnerships; it’s an individual who can identify mutual wins while combating risks and protecting profits through market trend planning.

Growth of the global, commercial mindset

When availability of materials is low and competition is high, risk reduction and profit protection isn’t as simple as diversifying the supplier base or last minute alternate sourcing, and this is where the benefits of the new skillset arise.

Being innovative, proactive and anticipating change or challenges is also increasingly important. Being able to identify potential issues before they arise has always been a great benefit, but with the digitalization of businesses as a whole, and swathes of new data and ways to use this becoming available to Procurement leaders, the playing field is definitely not even.

Successful Procurement leaders need to be relationship-focused, data-driven and able to use new technologies to allow their businesses to become more integrated and agile.

For more information on how to upskill your workforce, yourself or simply to understand where your specific industry trends are heading regards talent attraction, please get in touch: [email protected]

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Q3 2021: Finance Market Update in Switzerland

Q3 2021: Finance Market Update in Switzerland

Following the first two quarters of the year, we have insights on the Swiss employment market for Finance & Accountancy professionals…

The recovery continues! Q2 2021 saw a continued increase in the number of Finance opportunities in Switzerland and further evidence of movement at more senior levels.

Business confidence is growing; some industries are already seeing increased revenue, either from traditional markets or as a result of exploring new markets, due to a more agile approach developed through changes forced by the pandemic.

Flexibility within the Workplace

As we prepare for a return to a more normal life, the question of flexibility is high in the agenda of both employees and employers. Our recent Swiss employment market poll on employee working preferences produced a startling change in attitude over the last eight months:

  Oct 2020 Jun 2021 Change
1-2 days from home, the rest in the office 47% 42% -5%
3-4 days from home, the rest in the office 38% 43% +5%
5 days from home 10% 11% +1%
5 days in the office 5% 4% -1%


The June 2021 poll produced the highest engagement levels we have ever seen on LinkedIn, but we were surprised to see such an increase in those wanting to work 3-4 days from home, compared to the previous top ranked answer of 1-2 days.

When comparing to employer sentiment, it is noticeable that most company return-to-work announcements have focused on three days in the office, highlighting an obvious difference in expectations between employees and employers.

After the return to the office happens, we may see a change of view from individuals, as they get used to commuting and engaging with colleagues, but either way, flexible working will be a hot topic for some time.

How is this Impacting the Swiss Employment Market?

We have already experienced candidates rejecting job offers due to lack of flexibility being offered by new potential employers. Once working from home conditions end, we are expecting to see an increase in candidates entering the marketplace if employers are not prepared to accommodate flexible working.

In the meantime, companies offering enhanced flexible working arrangements are likely to have a competitive advantage in the market, which will assist with both retention and attraction.

Market Hotspot

We have seen a significant increase in Finance roles requiring skills with data visualisation tools, such as Tableau, Power BI and Qlik suite. Considering the small candidate population with significant exposure to this software, we predict a battle for talent in the coming 12 months, as companies assess rapidly changing marketplaces.
 
EMEA Recruitment has led Finance in Technology events in the region over the past few years and is therefore well-positioned to discuss any plans you are considering in this area.

If you are a candidate with experience of any of these tools, we would like to hear from you immediately regarding Finance opportunities in Switzerland: [email protected] 

 

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Why is Switzerland still a Valued Strategic Location for Procurement & Supply Chain?

Why is Switzerland still a valued strategic location for P&SC

After a challenging 12 months for the Supply Chain sector, Neil Cope, Director - Procurement, Supply Chain & Operations, looks at why Switzerland is still a valued strategic location for Procurement & Supply Chain…  

One of the most asked questions we have had from candidates and, indeed, clients so far this year is, “How is the market currently?”

In response to this, we are pleased to share with you the following observations.

EMEA Recruitment is seeing an increase in the number of businesses looking to base their Supply Chain head offices in Switzerland. This uptick is mostly from Life Sciences businesses and is, of course, great news for candidates in terms of opportunity.

There are multiple reasons that Switzerland is a great location for a strategic Supply Chain office.

Firstly, the top talent on offer. It is no secret that the top talent within Europe and beyond often relocates to Switzerland. The higher standard of living, proximity to nature and professional growth are just a few reasons top candidates pick Switzerland as a professional base.

Another reason Switzerland is picked as a strategic headquarter is the diversity of thought – culturally diverse teams produce more balanced and neutral decisions. This allows for businesses to make decisions with less bias.

It is also an economically stable country that resists downturns and remains comparatively buoyant.

But we are interested to hear from you: Why do you think Switzerland is a great base for a strategic Supply Chain head office? And what impact do culturally diverse teams have on your operation?

EMEA Recruitment understands that the Diversity & Inclusion discussion is more essential than ever before, which is why we’ve placed it at the heart of our business and recruitment process moving forward.  

Get in touch with Neil to discuss your operations further, by emailing: [email protected] 

 

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Logistics Leads the Way

Logistics Leads the Way

“The line between disorder and order lies in Logistics…”

Given the past 12 months have seen some of the most challenging moments of our lifetimes for Supply Chains, economies, and mobility of goods and people, the value on robust Logistics has never been more prominent.

Prices are increasing, mobility is being challenged on unprecedented levels and we are seeing a global container crisis to boot. So, how is this affecting the job market in Switzerland?

Unsurprisingly, the job flow in the Logistics area, in particular, is seeing a significant uptick. This is not to downplay the increases across other Procurement, Supply Chain and Operations areas that we are seeing, but it is the movement of products where businesses (whether that’s Consumer Goods or even Pharmaceutical) are seeing the biggest challenges.

The response has been clear – the businesses with the strongest, resilient Supply Chains and Logistics operations are not only surviving, but look set to flourish as we enter the next phase of the COVID-19 pandemic.

Of course, in turn, this drives the need for top senior talent and niche skillsets in the Logistics function. Here at EMEA Recruitment, we are seeing first-hand how this is something that businesses across Switzerland are looking to address.

Positions driven towards global strategic Logistics responsibilities are significantly up year-on-year and, with the impacts of Brexit still filtering through, alongside the ongoing challenges around the pandemic, this is a trend that we are fully expecting to continue.

During these ever-challenging times, we work with our clients to understand their changing business requirements. To discuss your specific Logistics needs across Switzerland, please contact Director of Swiss Procurement, Supply Chain & Operations, Neil Cope at: [email protected]

If you are based in the Netherlands, our Managing Director, Richard Bailey, will be able to help you – get in touch at: [email protected] 

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Q2 2021: Finance Market Update in Switzerland

Q2 2021: Finance Market Update in Switzerland

Ahead of Q2 2021, we provide an update on the Finance market in Switzerland…

The first quarter of 2021 offered some promising signs of recovery within the Finance market in Switzerland, notably through the volume of opportunities available, but also evidence of higher levels of confidence amongst senior leaders.

During the second half of 2020, the word missing from recruitment conversations was “plans”, as the overriding feature was a short-term mentality, due so much uncertainty regarding COVID-19.

The positive news about vaccine efficacy, despite short-term concerns about the speed of the vaccination programme, is instilling hope of a more normal life this year and, therefore, greater focus on business plans and development. This is likely to result in an increase in opportunities within the Finance market, as projects start/recommence and recruitment freezes are removed.

Despite the expectation of easier recruitment in a market that has experienced major change and an economic downturn, the reality is that many companies that have advertised vacancies have failed to recruit and have had to re-advertise their roles. There are numerous reasons, but some of the feedback we have gained from clients and candidates includes:

  • High volume of applications is putting pressure on Talent/HR teams
  • Negative employer brand experience is a consequence of the lack of feedback
  • Individuals in permanent roles are still cautious about moving jobs, but are starting to slowly return to the market
  • Applications to direct advertisements are often not relevant/less targeted than previously
  • The lack of salary information on advertisements, when combined with significant variation in salaries with similar job titles, is making targeted applications difficult

As we move towards a more normal employment market, it is likely that we will see a battle for talent, as the number of opportunities increase, which may result in pressure on salaries and growth in the number of employers providing counter offers to retain their valued employees.

To discuss any recruitment issues you may be having, get in touch and we will look to help you in any way we can – our Director of Finance in Switzerland, John Bower, is available at: [email protected] 

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