The majority of businesses across Brazil, France, the UK, Australia, Germany, and Belgium are ‘somewhat to very confident’ about their growth prospects for the first half of 2021, according to the latest C-suite research from Robert Half.
The research was collected across six international markets, finding that growth sentiment is highest in Brazil (88%), followed by France and the UK (78%), Australia (77%), Germany (72%), and Belgium (69%).
The general economic climate (36%) and expanding business opportunities (34%) were cited amongst the top influences on 2021 growth prospects, in addition to the pace of digitisation and adoption of new technologies (30%).
Matt Weston, Managing Director of Robert Half, said, “Our latest employment market data suggests a mixed commercial picture at this stage of the Covid-19 pandemic cycle. The global shift to remote and hybrid working, as well as the pivot towards online and e-commerce revenue generation and data-driven operational and planning processes, are all influencing the hiring intentions and priorities that Robert Half is seeing at the start of the New Year.”
“Early indications are that 2021 is going to be a year of recovery and rebuilding for both companies and individual workers alike,” Weston said. “As such, business agility, adaptability, risk management and forward planning propensities continue to be top priorities for many companies. These same attributes are also likely to be hallmarks of the evolving future of work in the longer term.”
While continued pandemic-induced market turbulence sees two thirds (66%) of international businesses planning to maintain headcounts(compared to 76% in the UK) in H1, almost a quarter of those surveyed (23%) will be expanding their workforces and actively adding new positions.
Robert Half showed that the top five sectors currently driving demand for talent in the UK include manufacturing, logistics, pharmaceuticals, financial Services, and IT services.