Daily NewsView All News
The temporary work environment improved during the second quarter of 2013, as the Temporary Workers Association’s (iGZ) Temporary Work Index (GIC) revealed that it had reached its highest level in five quarters. This is despite the introduction of additional industry surcharges for some industries during the latter months of 2012.
The index measures business expectations on the use of temporary workers between +10 and -10. As of Q2 2013, the index stood at 2.3, having registered a -0.2 points for the same period last year.
Mr Werner Stolz, CEO of iGZ, commented that the implementation of the industry surcharges were always ‘going to require an enormous administrative effort, and also it was unclear how customers were going to react to the price increases. This cautious attitude was reflected in the GIC. In 2012 the GIC revealed a neutral outlook for the temporary work environment during Q2 2012 and slightly negative outlook of -0.2 points for Q3 2012. According to the iGZ, the drop in confidence in the temporary work environment was due to the uncertainty surrounding the introduction of the surcharges, not the actual surcharges themselves. “