More Related Content More from Hays Netherlands (20) Hays Global Skills Index Infographic Netherlands 20141. †Forecast figures for 2013
© Copyright Hays plc 2013. HAYS, the Corporate and Sector H devices, Recruiting experts worldwide, the HAYS Recruiting experts worldwide logo and Powering the World of Work are trade marks
of Hays plc. The Corporate and Sector H devices are original designs protected by registration in many countries. All rights are reserved. The reproduction or transmission of all or part of this work,
whether by photocopying or storing in any medium by electronic means or otherwise, without the written permission of the owner, is restricted. The commission of any unauthorised act in relation to
the work may result in civil and/or criminal action.
The Hays Global Skills Index 2013
View from the ground
The Netherlands’ economy has been in recession since 2008 and this has impacted confidence within the labour market
and employers are hesitant to hire. Overall there is low demand and high supply, which takes away the pressure of
recruiting for most employers. Specialist skills are in high demand and talented international candidates find they are
able to work for their employer of choice. The Netherlands is recognised as an attractive place to work for cross border
professionals, this works as a short-term solution, but when the economy picks up the domestic supply of highly-skilled
workers needs to be increased.
Robert van Veggel, Managing Director, Hays Netherlands
4.6
6.2
4.8
3.5
0.0
6.1
4.6
BACKGROUND
ECONOMIC DATA
KEY FINDING
While participation in the labour
market is high, improvements are
expected to slow in 2013. Paradoxically,
this contributes the most to upward
pressures in the Netherlands (insofar
as they exist at all). Employers
accustomed to a flood of additional
labour coming on-line annually may
find a mere trickle this year.
Downward pressure from
• Overall wage pressure
• International PISA rank
• Structural unemployment
Upward pressure from
• Wage pressure in high-skill industries
• Increase in education levels
• Labour market regulations
16.8m
1.8%
5.3%
36,400 36,000
611 605
16.8m
2.3%
-0.1% -0.9%
6.8%
4.3
OVERALL SCORECOUNTRY PROFILE
The Netherlands, with a score of
4.3, is going through a period of
adjustment. Oxford Economics
forecasts a 0.9% contraction this
year, which follows a 1% contraction
in 2012. In this environment,
employers may have a relatively
easy time of attracting and
retaining the skilled labour they
require. The Netherlands seems
to be weathering this adjustment
successfully, considering its
unemployment rate is expected to
reach just 6.8% in 2013 (up from
last year’s 5.3%) and participation
in the labour market is expected
to reach a high not seen in at least
two decades.
0
2.5
5
7.5
10
BREAKDOWN OF SEVEN INDICATOR SCORES
Indicators
Education
flexibility
Talent
mismatch
Overall wage
pressure
Labour market
participation
Labour market
flexibility
Wage pressure in
high-skill industries
Wage pressure in
high-skill occupations
Scores 50 102.5 7.5
UNEMPLOYMENT
GDP
Long-term unempl. rate
Unemployment rate
*2013 prices
GDP/head (EUR*)
GDP (Billion EUR*)
GDP Growth
POPULATION
2012 2013†
4.2
in 2012
The Netherlands