The 9th Labour Market Index, results

2015-07-14


EBA Western Ukrainian Office together with Lviv Consulting Group is presenting the results of the 9th Wave of Western Ukraine Labor Market Index conducted in July 2015. The main aim of the project is to determine key trends at the labor market in the crucial period in the country, compare them with the previous wave and monitor the dynamic of changes.

 

 

Main highlights:


  • 70% of businesses were affected, as some employees were mobilized into the army. Mobilization affected both manufacturing and service companies, in almost all industries: assembly operations, machinery, agriculture, sales and retail.

  • Only 5% of companies will reduce staff (Hospitality).

  • Demand for qualified workers with 3+ years of experience increased twofold. Mechanics, electricians, welders, locksmiths, cashiers, seamstresses are most desirable target employees.

  • 13% of respondents, mostly the retail and hospitality businesses has not reviewed pay levels and do not plan to do it at present.  

  • Average pay levels of semi-skilled workers increased by 5%-20%, skilled workers are paid 10-30% more.

  • Employers actively seek new employees in the market - 80% respondents are involved in external recruitment

Labor Market Index in July, 2015 has sharply declined by 0,68 point compared to March, 2015 and today equals to 2,78. 


The market is not favorable for employers for the following reasons: shortage of qualified manpower; increasing competition for talents, caused by companies relocating businesses from Eastern and Southern regions to Western Ukraine; increased personnel related costs related (military tax, increased payroll payments, hiring of contingent workforce to replace mobilized employers).


You are welcome to review key findings of the Labor Market Index.

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