11 awesome Austria’s Most Attractive Employers 2022 11 awesome Austria’s Most Attractive Employers 2022

Universum Ranking reveals that are the absolute most Attractive Employers in Austria for 2022

Salary is the most essential for young talent and young professionals  

• 10,000 students at 33 Austrian universities and colleges surveyed  
• Work-life balance on the list of top ten preferences the very first time  
• Home office more important in AT compared to DE or CH  
• Public institutions and NPOs lose attractiveness 

Shortage of Skilled Workers – Job Postings Stagnate   

According to the StepStone Skilled Worker Atlas, 136,500 jobs were advertised on Austria’s job portals within the third quarter of 2022 – 7,000 fewer jobs Austria-wide compared to the prior quarter.

For the very first time in 2 years, the full total quantity of job postings declined slightly in place of increasing.  

“we have been just starting to see a levelling at a really advanced level,” saysNikolai Dürhammer, Managing Director of StepStone AT & CH. This however, does not always mean that you will see an easing in the labour market. “Although a recession is looming, companies advertise simply because they urgently need employees. They will have learned an invaluable takeaway through the pandemic: that it’s better to further recruiting initiatives and attract top talent. That is needless to say, at the least provided that their liquidity allows it.” 

Employer Branding is a priority 

“The Employer Brand is now increasingly important, because what good is a solid consumer brand if I can’t find any employees? It is vital to secure the most effective talent,” explains Mats Röjdmark, CEO of Universum, the Employer Branding agency associated with the StepStone Group. “According to Universum’s EB NOW 2022 survery, Austrians are particularly convinced that with Employer Branding, the specific situation may be mitigated- 70% associated with the global experts inside the personnel range and 91% of Austrian respondents think that Employer Branding is high priority”, said Röjdmark. 

To repeat this, however, it is crucial to comprehend what attracts sought-after professionals. When it comes to young professionals, the present study offers the much-needed insights.  
 

Salary is most significant for young talent and career starters  

A competitive base salary is the most essential criteria for Austrian students in terms of the attractiveness of a job. This Season, students expect 6 percent a lot more than whatever they expected this past year, specifically the average annual gross salary of €39,400. Female students expect around 17 percent less salary than their male counterparts.

“The monetary sphere continues to be very dominant in Austria and, especially in times during the an employee market, it would appear that companies can increase salaries so that you can quickly attract talent. Long-term, however, such a move only negatively affects the talent market. I would recommend seeing salary as a hygiene factor while concentrating on the residual eight attributes. Also, I doubt that you would like to attract those candidates who came only for the salary.” 

Daniel Hauser, Employer Branding Specialist CH&AT. 

Flexible working conditions are a must-have  

“Flexible working conditions” moves up three places set alongside the previous year. In Austria, the capability to work from your own home office was more important compared to Germany or Switzerland. As well as this, 64% associated with the surveyed students expect a stylish employer to supply some kind of hybrid work models.   

Responses also shoes that almost all would rather work on average 2 to 3 days at home each week. The remote work factor has a really high priority for students from engineering/IT and business background, and for “high achievers”, classified asstudents with very good success therefore the aspire to continue carefully with this success. 

In addition, the responses whowed a primary correlation between chronilogical age of the respondent, therefore the aspire to work at home. The older chronilogical age of the respondent, the bigger the aspire to work at home became. In Relation To other demographic breakdowns, women contemplate it to be much more important.

“We have now been in a position to observe through the DACH market that the expectations for flexible working conditions plus the work-life balance have increased strongly. That is a definite sign through the market why these are not only temporary trends,”

explains Daniel Hauser, Employer Branding expert at Universum.

Although continually gaining interest, there are some concerns from respondents associated to working remotely. The greatest concerns rare:  

• Isolation and concern about missing social experience of colleagues (56%).  
• Lack of involvement within the organization (43%)  
• Employer preference for the employees that are present (36%)  

• Fear of overworking and never getting the desired work-life balance (25%) 

Industry winners and losers 

The most well known industries in 2022 are Audit & Consulting.  

The ‘Big 4’ and McKinsey & Co was able to reverse the negative trend of previous years. Employers within the automotive industry are on the list of biggest winners in a number of associated with the major areas of research, a trend also noticed in Germany. “We’ve seen lower desire for the automotive industry in a number of markets in the last few years. During Covid, they certainly were connected with short-time work, much less market success. Given that plants are back once again to fully operational, they be seemingly gaining traction again,” Hauser said. Public institutions and non-profits are losing their appeal. Stability is not any longer as important since it was this past year.

Top 5 employers

Red Bull and Google have now been the favourites for Red Bull and Google have now been the favourites for business students because the start of study in 2008 and remain which means this year. Google among the most attractive employers worldwide and Red Bull as an effective local player perform very well in Austria. Microsoft is in third place and it is making great gains (2021: 7th place) because the start of study in 2008 and remain which means this year. Google among the most attractive employers worldwide and Red Bull as an effective local player perform very well in Austria. Microsoft is in third place and it is making great gains (2021: 7th place)