1.
Market Signals
Full Report - Week 15

2.
The type of clouds (cirrus, stratus, cumulus, nimbus), their size, location, direction and
speed of movement can give an indication as to what the weather has in store
over the coming two days: storm, sun, snow, ice or rain. In other words, dreamy, thin,
wispy clouds bring something different than fluffy, cotton wool style clouds.
The art of interpreting signals (precursors of trends) is - and always has been -
important in navigating financial markets and economies. If you are an
experienced manager or executive who wants to manage their career and/or job
search processes wisely, look at the signals of the job market which are
inseparably embedded in the VUCA landscape of today's world.
Check in on Saturdays afternoon for the newest release on LinkedIn:
http://LinkedIn.com/company/Career-Angels/
Prepared by the entire team of www.CareerAngels.eu
Published: April 11, 2020

3.
Because of how we work when supporting our clients, we have a very unique
“glimpse” into how over 5000 Executive Search companies and almost 20 000
decision makers react – the majority of them being located in Europe; and we
collect and analyze how they respond; and we observe if and what kind of
trends there are to leverage our clients into better career management &
more effective job search methods.
Before there are trends, there are signals which we usually keep to ourselves.
But these are not usual times, so we decided to share those signals by the end of
each week. If the country / context is important, we’ll add them. Otherwise, we’ll
keep it general for confidentiality.
Source of signals

4.
Number of published job ads on LinkedIn
Note: some job ads
might have been taken
off LinkedIn, not because
the recruitment process
was put on hold or
canceled, but because
they are costly, especially
if you have dozens of
them. A company might
have wanted to simply
cut costs and move to
more cost effective
alternatives. Some local
job portals are offering
substantial discounts.

5.
Selected quotes from CEOs & HR Directors
Power tools manufacturing: We don’t plan any lay-offs, but are closely
observing the situation on the market.
Capital markets: We switched 95% to remote work. No lay-offs at the moment.
Investment management: Overall, we’re working normally. Salaries have been
slightly reduced which gives us financial stability for 6 months. Then we’ll see.
Consumer goods: We’re working normally, but client visits have – for obvious
reasons – been put on hold.
Agriculture: The situation is really bad. We will have to take some steps in the
nearest future.
IT: The situation is rather stable and we are planning to avoid lay-offs. However,
government actions can be harmful to some of our clients and many things
might happen.

6.
CEE
Baltics
Number of published job ads on LinkedIn by region

7.
Observations & best practices
pay out bonuses irrespectively of whether the targets were achieved
provide with free psychological support / access to therapists
care packages with face masks and disinfectants
courses / onboarding moved online
Here are some solutions that corporations have implemented to aliviate / deal
with COVID-19 consequences:
Worth mentioning:
Danone has raised over 5 m EUR for a fund to help its suppliers.
Tesco had to immediately employ an additional 4 000 people in the region.
Recruitment agencies are working online and assure that recruitment processes
are still continuing. Though, more candidates than usual express a lack of interest
in roles when approached; they refuse to engage. Recruiters also complain
about candidates not being fit for online interviews.

8.
Number of "job search" taglines on LinkedIn
Note: this is - again - only one of many sources of information; and also
a simplified one. The increase in these types of taglines certainly stems
partly from an increase in new member profiles on LinkedIn.

9.
Keep engaging in recruitment processes. You don’t know if your job is indeed
safe. It’s always better to be able to choose from a couple of options while
you have a job rather than wake up with no job and have no options at all.
If you have restructuring / change management / interim experience, prepare
your project or business cases list.
Prepare and practice interviewing online!
Work on your communication skills: on paper (CV) and orally (strategic
interviewing). Charisma alone will not get you shortlisted against hundreds of
candidates; especially now that companies will look for low-risk candidates
who can demonstrate very specific skill sets and leadership competencies.
Our recommendations for senior candidates

10.
If you are a senior candidate who
might need support / guidance:
You can access the following services completely confidentially and
free of charge:
- CV Report
- Career Consultation
Email Bichl.Sandra@CareerAngels.eu who will personally match you
with the most relevant Career Consultant. To save time: add your CV
and availability for a Skype call.

11.
If you want to support your
(future) former employees:
Request an offer for outplacement services by email:
- in Polish: Anna.Zadrozna@CareerAngels.eu
- in English / German: Sandra.Bichl@CareerAngels.eu
For further information visit: www.ManagerialPlacement.eu