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The latest Professional Perspectives Index (IPP) published by the Institute for Labour Studies of ESADE business school reveals that 31% of Spanish companies intend to increase their staffing levels during the remainder of 2010. This compares to only 19% of companies in 2009.
The report has identified clear signs of recovery in the labour market after three years which were dominated by redundancies and non-replacement of retired staff.
38% of companies predict an increase in demand for their products or services of which, 50% are optimistic that this will continue.
48% of companies interviewed say that they intend to replace retired personnel.
61% of companies have clear systems for rewarding their staff for high levels of achievement and success.
Professor Simon Dolan, Head of Labour Studies at ESADE, commented "Human Resources departments must create a culture of high achievement, which will give their companies the necessary motivation to confront possible future obstacles."
To read the full press release in Spanish language please click here