November 15th, 2017 – Lagos, Nigeria – Pedersen & Partners, a leading international Executive Search firm with 56 wholly owned offices in 52 countries, is pleased to announce that Farida Sanusi has joined its Lagos team as Principal.
Ms. Sanusi is an HR and recruitment professional with over 15 years of human capital management, talent acquisition, assessment, retention, and development expertise in the Financial Services, Private Equity, Banking, and Aerospace industries across Africa, the UK, and the U.S. She
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Frankfurt, Germany – Many young people dream of a great career, but they must make the right moves during their studies and early professional life if they are to fulfill their ambitions. Florian Hammann of www.efinancialcareers.de spoke with headhunters in high management positions, and has the following tips to share:
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Sofia, Bulgaria – Here are few tips on politely declining an interview invitation, and why this is important.
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Johannesburg, South Africa – The continent of Africa is huge and diverse, home to over 1.2 billion people in 54 countries. Africa is rapidly expanding in terms of economic growth, infrastructural development, education, population, social mobility, and overall regional stability.
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November 2nd, 2017 – London, UK – Pedersen & Partners, a leading international Executive Search firm with 56 wholly owned offices in 52 countries, is pleased to announce that Simon Mansfield has joined its London team as a Client Partner within the Industrial Practice and the Global Head of the Defence Practice.
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October 30th, 2017 – Munich, Germany – Pedersen & Partners, a leading international Executive Search firm with 56 wholly owned offices in 52 countries, is pleased to announce that Christopher Kopf has joined its Munich team as a Principal within the DACH Technology Practice Group.
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Riga, Latvia – “In today’s world, where everything is digitally connected and technology plays a vital role in humanity’s development, this field is a good place to end up in.” Liga Treiliha, Managing Director of Creamfinance Latvia.
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Paris, France – Décideurs Magazine issued by the Leaders League, a media and rating agency for top executives, has released its 2017 annual “Compensation Systems and Recruitment Strategies” report for the Executive Search industry in France. Pedersen & Partners was nominated for its strong reputation and prominence in the following categories:
Read more![Seeking a roadmap for digital transformation and talent, "El Portal del Capital Humano" - Pedersen and Partners Executive Search](https://www.pedersenandpartners.com/sites/default/files/public/styles/news_header_3col_450w_252h/public/press-image/talent_digital_transformation.jpg?itok=fX1hVM_5 "Seeking a roadmap for digital transformation and talent, "El Portal del Capital Humano" - Pedersen and Partners Executive Search")
Lima, Peru – “The First Industrial Revolution used water and steam power to mechanise production. The Second used electric power to create mass production. The Third used electronics and information technology to automate production. Now a Fourth Industrial Revolution is building on the Third, the digital revolution that has been occurring since the middle of the last century. It is characterised by a fusion of technologies that is blurring the lines between the physical, digital, and biological spheres.” World Economic Forum [1]
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Riga, Latvia – Pedersen & Partners Riga has moved its office location to newer, larger premises.
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Dubai, United Arab Emirates – Online shopping, often referred to as eCommerce, is gradually transforming the entire retail industry – enabling buyers to explore, buy and sell products online from any connected device, including computers, smartphones, tablets, and e-book readers.
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Houston, USA – Despite optimistic forecasts from many analysts, the Oil & Gas industry just doesn’t seem to be able to pick up where it left off before the oil price slump. The near future prospects look bleak for the sector, as both official and unofficial records show layoffs as the primary resort to cost-cutting measures. A global number of 350,000 layoffs were reported by Bloomberg, and 23,000 jobs were cut in the U.S. alone in the first quarter of 2016. Based on unofficial market data, the numbers continue to deteriorate.
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August 23rd, 2016 – Shanghai, China – Pedersen & Partners, a leading international Executive Search firm with 56 wholly owned offices in 52 countries, is pleased to announce that Brent Wang has joined its Shanghai team as Client Partner.
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August 16th, 2016 – Singapore – Pedersen & Partners, a leading international Executive Search firm with 56 wholly owned offices in 52 countries, is pleased to announce that Joanne Chng has joined its Singapore team as Client Partner.
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Warsaw, Poland – Almost three decades have passed since Poland began its journey towards capitalism, and now that the Polish millennial generation has entered the labour market as part of the globalised disruptive wave, it’s worth examining the ways in which Poles position themselves towards other nationalities in the business environment. Many of the most sought-after executives in Poland have experienced both worlds, and know the old ways and new ways of doing business. The unique traits of Polish managers are frequently touched upon during Executive Search projects and in meetings with middle and senior managers (from both Eastern and Western Europe).
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Warsaw, Poland – In its 2016 World Economic Outlook report, the International Monetary Fund concluded that the economies of emerging markets have remained resilient, despite lower capital inflows and higher capital outflows since 2010. Of the emerging markets, Poland’s steady economy, market opportunities and sizeable labour force make it a prime target for investments.
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Mexico City, Mexico – Mexico’s economy has been booming in recent years, despite the global and regional impact of low gas prices. The North American Free Trade Agreement (NAFTA) has been highly beneficial; US trade with Mexico has increased sixfold since NAFTA was signed in 1994.
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Warsaw, Poland – The 19th century American businessman P.T. Barnum ran an immensely successful circus, with acrobats, performing horses, strongmen, and – most significantly – fortune-tellers. Barnum was intrigued by the fact that so many people were more than willing to pay good money to be told their fortunes, even though they were all being told the same thing over and over (which he knew because he was listening from behind the scenes). And every customer was satisfied, because they were convinced that they were being given a fortune that was theirs and theirs alone, personal and perfect.
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Johannesburg, South Africa – The energy and natural resources sector has traditionally been a “boys’ club,” with women particularly underrepresented in high-level decision-making positions.
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June 9th, 2016 – Munich, Germany – Pedersen & Partners, a leading international Executive Search firm with 56 wholly owned offices in 52 countries, is pleased to announce that Jan Großmann has joined its German team as Client Partner and Head of Consumer Products and Retail.
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Riga, Latvia – According to research carried out by Deloitte, technology has created more professions than it has destroyed over the last 140 years.
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Johannesburg, South Africa – Another generational skills gap is looming in the mining industry as graduates with relevant degrees, unable to find jobs, seek other careers.
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Vienna, Austria – It is a sobering fact that a salary increase will only satisfy and motivate employees for a very short period of time - certainly no longer than half a year, and generally for no more than one or two months.
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Lisbon, Portugal – Margarita Hernández, Portugal Country Manager for the new Lisbon office of leading international Executive Search firm Pedersen & Partners, explains the advantages of the firm’s global coverage and “proactive search” approach.
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Vienna, Austria – How much do Managers earn in Austria? What other benefits do they receive? What type of management style do they have? What should you do if you want a career in Austria? We talked to Conrad Pramböck, Head of Compensation Consulting at the Executive Search firm Pedersen & Partners.
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Minsk, Belarus – With the wrong motivation and negligent attitudes towards hiring and firing procedures, workforce optimisation can result in additional costs and reputational damage.
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Riga, Latvia – The world of work is in a state of flux, with many occupations disappearing and transforming while new professions emerge. The new professions are mainly related to technology and the development of tools and processes, but their defining characteristic is the absence of geographical boundaries.
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Minsk, Belarus – In a tough economy, Belarus’ employers run the show. This means that the number of dismissed employees in Belarus is currently considerably higher than the number of newly-hired employees. For example, in January 45,000 people were fired but only 37,000 were hired. At the same time, a new trend can be seen: more and more companies are trying to negotiate with their employees and find new ways and opportunities to work together, without resorting to the final measure of termination.
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As smog in Beijing exceeded to 22 times higher than the World Health Organisation (WHO)’s limit in December, the pollution is leading to more than just an array of health problems – it is making it harder for the Chinese capital to attract and retain foreign talent, according to Pedersen & Partners.
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The average annual gross compensation for top executives in the world’s largest companies increased in 2015 by 3.8% to EUR 1.45 million (HKD 12.22 million), according to Executive Search firm Pedersen & Partners. The survey covered 1,800 top executives in 340 large companies in 18 countries.
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The average cash compensation of a top executive in a Top 100-corporation in Europe and the United States is 1.31 million Euros gross per year. This amount includes an average base salary of 630,000 Euros plus a yearly bonus of 683,000 Euros. The total cash compensation of top executives in these companies increased by 8.8% compared to the previous year.
Read moreLooking for a lawyer is never a task to be taken lightly. Whether looking for a lawyer to join a firm or looking for a lawyer as part of an in house counsel, it is a task that will have long lasting repercussions on a business for years to come. This is why when choosing a lawyer; one must do so with care and precision.
Read more24 May, 2012 – Riga, Latvia - Evita Lune, Partner and Country Manager for Latvia with Pedersen & Partners speaks to the Women in Business Conference on “How women can compete in the labour market and the importance of a first impression.”
Read moreBy Ahmad M. Ismail, Country Manager for Egypt
Optimistic Outlook for Egypt
Egypt emerged from the economic crisis of 2008-2010 reasonably untouched mainly to strong regulation of its banking sector and low susceptibility to downturn in the international financial markets since the country is not yet wellintegrated into these markets. Other favorable factors were considerable amount of public investment, strong domestic consumption and continued growth in such key sectors as telecommunications and construction.
Read moreBy Evita Lune, Partner and Country Manager Latvia
Pēdējo gadu laikā uzņēmumiem Baltijā nācās saskarties ar līdz šim nepieredzētu neskaidrības un neprognozējamības līmeni, dramatisku patēriņa kritumu atsevišķās nozarēs, dažādu ar uzņēmējdarbības vidi saistītu risku pieaugumu un ārējo tirgu apgrozījuma sarukumu. Šajā kontekstā jautājums par augsta un vidēja līmeņa vadītāju algām tika skatīts ne vienā vien uzņēmumā. Uzņēmumi piekopa dažādas krīzes pārvarēšanas stratēģijas – no pilnīgi egalitāra proporcionāla algu samazinājuma līdz klaji polarizētai „galveno” cilvēku saglabāšanas stratēģijai, pārāk neuztraucoties par mazāk būtisku vadītāju un speciālistu motivāciju.
Read moreBy Ally Ho, Senior Consultant
The Middle East has certainly had its ups and down over the last 18 months and although there are more positive signs we are still not out of the woods. When the initial crisis hit there were hundreds of employees from all areas of financial services sector who found themselves out of a job and hunting for further career opportunities. Once the initial dust cleared and things began to stabilize a little there were clear trends developing in terms of style of hiring.
Read moreBy Evita Lune, Partner and Country Manager Latvia
Krīze ir atstājusi dramatisku iespaidu uz darba tirgu Centrāl- un Austrumeiropā. Milzīgais pieprasījums pēc cilvēkresursiem ir būtiski krities. Darba ņēmēju tirgus laiks ir pagājis, tagad noteikumus diktē darba devēji. Smagi cietuši tādi sektori kā nekustāmais īpašums, finansu pakalpojumi, automobiļu ražosana un tirdznieciba, konsultācijas. Arī Latvijā, bezdarba līmenim sasniedzot līdz šim nepieredzēti augstu līmeni 15.3 % no ekonomiski aktīvajiem iedzīvotājiem un sarūkot vidējai darba algai, kas pēdējos piecpadsmit gadus bija tikai kāpusi, varam secināt, ka darba tirgus noteikumi ir būtiski mainījušies. Uzņēmumi pārsvarā konkcentrējās uz biznesa reorganizāciju un restrukturizāciju, nevis uz attīstību kā agrāk. Augsta līmeņā vadītāju meklēšanas jomā uzsvars ir bijis uz eksistējošo vadītāju nomaiņu vai jaunu vadītāju piesaisti restrukturēto uzņēmumu jaunajām struktūrvienībām, nevis uz jaunu un attīstošos uzņēmumu vadītāju meklēšanu.
Read moreBy Minerva Cernea, Principal and Head of North America
Overview
Losing a job in today’s world can unfortunately be seen as part of the normal course of any professional’s career progression - especially in these tough economic times. When revenues drop, expenses must be brought into line and for most service companies, payroll is their largest expense.
Pedersen & Partners offers the following steps in its career transition strategy to finding the right new job:
Step One - RECONCILIATION (or getting over the old job)
Read moreBy Evita Lune, Partner and Country Manager Latvia
Introduction
Patient, obedient, long-suffering, helpless, fond of children, tender-hearted, responsive, ready to share, agreeable, obliging, hospitable, respectful to elder people, honoring men and as a consequence, voluntarily choosing to always remain in the shadow of men.
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