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Switzerland – Jobs Market shows improvement in Q2

13 July 2016

According to the latest Swiss Jobs Index by Robert Walters, the number of jobs increased by 5% in Q2 compared to Q1.

In the field of accounting and finance, the number of jobs grew by 7% in Q2 when compared to Q1 and Robert Walters expects growth in this sector to continue for the next six months.

An increased demand for senior professionals, General Ledger Accountant and Financial Controller was also seen in Q2. However, demand for senior finance professionals, including Chief Finance Officers and Finance Directors weakened which the index says can be attributed to the increased outsourcing of finance activities of Switzerland. Meanwhile, jobs for IT Professionals increased by 3% compared to the last quarter while the legal sector saw an increase of 25%.

The index also states that the hiring of temporary workers across industries remains an attractive option for companies, particularly in terms of highly specialized senior positions whose permanent occupation is otherwise a considerable cost factor on employment costs. The managers are often used for time-defined projects and implementations, for which they can take over the complete project management and implementation, based on their professional experience. This provides relief to the staff team and helps the company to its greater flexibility.

"Interim candidates across industries continue to be strong, because from a business perspective they are a cost-effective alternative in the high price requirements management for senior professionals and specialists,” Nick Dunnett, Director of Robert Walters Germany & Switzerland, said. “We therefore expect that this demand will continue in the future."