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which HR trends can you see in your country at the moment (in the crisis situation) Many companies have cost-saving measurements or frozen activities in HR in term of co-operation with external partners. Therefore employees are more often also internal candidates for managerial positions, since the internal promotions or these solutions are cheaper for companies than external candidates. Internal sources (employees) are used by companies more economically, and everything is evaluated more often. Some companies experienced lay off people or organisational changes, decrease of salaries, changes in comp&ben. Many HR people are focused on changes in processes and systems, and also should spend more time with internal communication, and still motivation of people. economical trends in your markets at the moment - also feelings are welcome We have decrease of GDP over 5% in both quartals. The second quartal was supposed to be a bottom and we are expecting the situation will not worsen, for the next year is expected even economical growth up to 1%. The Slovak economy is very dependent on Western European markets, so we are having quite passive role in stat-up of our economy, since we are strongly export-oriented. The most of lays off are probably behind us, in production some sites were closed and moved to China, Ukraine or other markets. But 3 main car manufacturers have already inquiries and running up their full capacities. Financial sector is in restructuring or merging phase (1 merge in banking, 1 merge in insurance sector), also many people were laid off here. The financial sector also lost big part of turnover because of Euro currency implementation. The most of &quot;cleaning&quot; is also done. Everyone is hoping and expecting that in fall the situation will start getting better. what has changed in HR during the last month HR is more focused on internal sources, communication and processes within the company, than external HR marketing, recruitment or even training. It is more technical, HR controlling is even more important, and internal communication as well. which chances and risks do you see for HR work in the following month Nobody can predict exactly when the crisis will end, so HR has to be prepared to change from one day to another, to be more flexible and also universal. The companies need more senior HR people to be able to substitute tasks of external HR partners - what is chance for many HR people to have job which is more rewarded, more difficult, they have more important position in the company and facing new situations. Risks are that not all HR people are capable to solve such issues on their own, but the companies are prefering now very cheap solutions (no external supplier, or cheap ones), many problems are not solved, decisions are postponed and this can have bad impact of companies for longer time
Most of the companies had to reduce their costs, they can not afford to work with head-hunters, and if they have a search project or any other HR related problem, they have to find an candidate internal and to solve theproblem themselfes. Some companies experienced lay off people or organisational changes, decrease of salaries, changes in compensation & benefits. The Thomson Reuters & OeKB CEE Business Climate Index gives significant insights into economic trends in Central and Eastern Europe (CEE) from the perspective of direct investors in the region. The Index applies the concept of business tendency surveys to foreign investors based in Austria in order to monitor their business situation and investment activities and to forecast short term developments. The qualitative panel survey is conducted four times a year and includes 19 Central and Eastern European Countries. According to the latest survey (published 12. August 2009) there is a slight recovery concerning business climate in the Central and Eastern European Countries for the first time after two years. However the actual Hungarian situation is described as catashtrophal as 46 % of the comapanies experience that business results still goes back in Hungary. Many manufacturing plants, first of all in the automotive sector were closed this year or they reduced their production. But even FMCG companies and all players of the market fired many employees. Companies tend to work 4days a week in order to reduce their costs or they move to smaller offices to survive.