282,000 executive hires expected in 2022
The outlook remains very positive but momentum has been lost due to the outbreak of war in Ukraine. Business leaders are less confident and managers’ desire for mobility is down slightly, given the context of uncertainty.
Gilles Gateau, CEO of Apec
The February forecast was more optimistic. But the war in Ukraine has weighed down the mood among employers fearing an economic slowdown in France. Apec has therefore revised its forecasts* downwards: it will be 282,000, and not 289,300, executive hires for 2022. Compared to 2021, there would therefore be 5% more recruitments this year, thus equaling the pre-health crisis level.
Regions: Île-de-France concentrates almost half of hiring intentions
Unsurprisingly, it is Ile-de-France that a manager has the best chance of getting a job. The capital region accounts for 48% of hiring intentions again this year.
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Ile-de-France executives have desires for the Province but not their employers. The spatial redistribution of executive jobs is not for tomorrow. Unless the arm wrestling started between scarce talents and employers turns to the advantage of the former. Teleworking 3 hours from the capital would then become a reality for many of them.
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Far behind, the 2nd region with the most jobs for executives is Auvergne-Rhône-Alpes (11%), followed by 4 regions (each around 5%) of hiring forecasts. : Provence-Alpes-Cote d’Azur & Corsica, Hauts-de-France, Occitanie and New Aquitaine.
Nevertheless, 3 regions are seeing an increase in their executive recruitment forecasts compared to the pre-health crisis of 2019:
- Brittany
- Paca
- New Aquitaine
Find the executive job offers to be filled in the region:
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Sectors: 3 driving sectors account for 45% of executive hires
This year again, services remain the driver of executive employment with three-quarters of recruitments.
If you work in one of these 3 sectors, you are almost guaranteed to be hunted:
- IT activities : 61,000, i.e. 22% of planned hires in 2022.
- Engineering-R&D : 39,000 (i.e. 14%)
- Legal-accounting-consulting activities : 28,300 (i.e. 10%)
In these sectors, we find higher levels of recruitment than before the crisis.
Conversely, 5 sectors are unscrewing and forecast between -17 and -25% recruitment than before the crisis:
- Hotel and catering
- Automotive-Aeronautics-Other transport equipment
- Communication-Media
- Chemistry-Pharmaceutical industry
- Specialized distribution
Professions: 3 executive professions account for 55% of hiring
Here again, it is in 3 heavyweight functions that recruiters will concentrate their recruitments in 2022. Job offers for the professions most targeted by recruiters will have double-digit growth in 2021 and are approaching the levels of pre-crisis:
Executive recruitment intentions in 2022 by function
Source: Apec*
- IT function: 59,200 recruitments planned, i.e. 21% of forecasts for 2022, stable compared to 2021.
- Studies-R&D function: 50,800 recruitments planned (i.e. 18%, +9% compared to 2021)
- Commercial-marketing: 45,100 recruitments planned (i.e. 16%, +13% vs 2021)
- Industrial production-site: 28,200 recruitments planned (10%)
- Administration-HR-communication-legal: 28,200 recruitments planned (10% = +14% compared to 2021)
- Tertiary operation: 25,400 recruitments planned (9%)
- Finance-accounting-management control-audit: 22,600 recruitments planned (8%)
- Purchasing-quality-maintenance-logistics-safety: 16,900 recruitments planned (6%)
Level of experience: better for young graduates and even more struggling seniors
Recruiters from French companies still prefer those with 1-10 years of experience: this core target represents 61% of hiring intentions.
- Young graduates will not be recruited more, but their situation has not deteriorated compared to the previous three years. Companies plan to recruit 48,000 young graduates in 2022. “With 180,000 young people leaving higher education each year with at least a bachelor’s degree, this means that a significant number of them will not land a job with the status framework,” recalls Gilles Gateau. In addition, a recent Apec study revealed that among the young graduates of 2020, 38% remained in a precarious situation ‘looking for a job or in a food job. It will remain complicated for young graduates.
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- Regarding the most experienced, they will remain the most penalized. If we are to believe the declarations of the companies of the Apec panel, executives with 10 years of experience and more are still not a “plan B” for recruiters despite the recruitment difficulties they encounter. After a drop of 17% in 3 years, a further drop of 7% is to be feared for 2022. “What is worrying is that there is no change in the way recruiters look at executives with more than 10 years of experience”regrets Gilles Gateau.
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* The Apec 2022 barometer is based on:
- Apec Panel (Annual survey conducted with a permanent sample of 8,000 companies, representative of the distribution by region, size and sector of activity of employees in the private sector in metropolitan France and representing 1.4 million employees. es including 345,500. Interview by telephone from November 24, 2021 to January 24, 2022)
- Revised forecasts: based on the declaration of the companies questioned in the “panel” corrected by:
1/ A sector analysis (on 26 sectors of activity) carried out in March 2022 and taking into account the first impacts of the war in Ukraine.
2/ The results of the last wave of the APEC quarterly survey carried out from March 7 to 18, 2022 among 1,000 companies. 3/ The latest macroeconomic forecasts, in particular the Banque de France’s degraded scenario for March 2022.