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According to David Molina, regional Director for Randstad in the canton of Geneva, Switzerland is still very attractive to talent and global firms alike, as reported in an interview to the Financial and Economic Agency of the canton of Geneva.
David Molina praises Switzerland for it low unemployment rate and dynamic staffing environment, indicating that the number of temporary agency worker has doubled over the last ten years. According to Molina, of the 3.5 million workers on the Swiss job market, 300,000 have worked at least once on a temporary assignment during the course of 2011. He also emphasised the role staffing firms play in finding talent for their clients,
David Molina also touched on the stepping stone effect of agency work, arguing that agency work often use assignments to secure permanent roles. According to Molina: “as many as 40% of temporary workers are able to secure a permanent contract in the user business, within 12 months of assignment”.
Randstad is the second largest global staffing firm, and the third largest firm on the Swiss market according to our research.
In July this year, the Swiss giant Adecco reported that their Swiss employment index had declined by -3% in the second quarter of 2012, when compared to the first quarter; adding that hiring intentions in the country were nevertheless holding firm. Earlier this month, the Swissstaffing association reported that agency temporary employment fell by -7.4% in July 2012 when compared with July 2011, and expecting an overall drop by -5% for the year 2012.
To read a summary of the interview in French language, click here