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A passion for business and life, Riga TechGirls - Pedersen and Partners Executive Search

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.

  • In the media
  • Riga
  • Latvia
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Pedersen & Partners France nominated in 7 Executive Search industry rankings by “Décideurs Magazine” - Pedersen and Partners Executive Search

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:

  • In the media
  • Paris
  • France
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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]

  • In the media
  • Lima
  • Peru
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New premises for the Pedersen & Partners Riga office, “Dienas bizness” - Pedersen and Partners Executive Search

Riga, Latvia – Pedersen & Partners Riga has moved its office location to newer, larger premises.

  • In the media
  • Riga
  • Latvia
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Josef Buttinger named HR Person of the Year at HR Inside Summit - Pedersen and Partners Executive Search

Vienna, Austria – Austria's largest HR event – the annual HR Inside Summit – was held for the third time at the Hofburg former imperial palace in Vienna. At the event, the second annual “HR Awards” were presented, honouring innovative HR ideas and projects in four categories: “Strategy, Leadership and Personnel Development,” “Tools & Services,” “Recruiting & Employer Branding,” and “Newcomer of the Year.” A special award is also presented to the “HR Person of the Year.”

  • In the media
  • Vienna
  • Austria
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Choosing the right time to leave a company - Pedersen and Partners Executive Search

Warsaw, Poland – “How long should I work at one company?” This is a question that l hear a lot. It’s likely that you have already asked yourself this question – and chances are you’re still at a loss.

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  • Warsaw
  • Poland
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Professional burnout, and what to do about it, “biz.liga.net” - Pedersen and Partners Executive Search

Kiev, Ukraine – How do you prevent your dream job from turning into the worst mistake of your life? Most career professionals go through periods of self-reflection and search for meaning – a phenomenon known as burnout. “It is common for professionals to seek a new job in a fresh domain, and for different reasons. The majority of them do not understand that they’re experiencing burnout, and they start looking for external reasons. The main factors pushing workers to radically change their life and career vector include dissatisfaction with their chosen profession, financial issues and lack of career growth,” says Vladimir Kolomoets, Country Manager for Ukraine at Pedersen & Partners.

  • In the media
  • Kiev
  • Ukraine
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You add a lot of value when working in the technology field, Riga TechGirls - Pedersen and Partners Executive Search

Riga, Latvia – “You create something from nothing, and you work together with plenty of smart, humorous, and focused colleagues.” Valerija Makijenko, Head of Development at Visma Enterprise Latvia. Evita Lune, Global Digital Economy Partner, interviewed Valerija for Riga Tech Girls, an IT community in Riga, Latvia dedicated to tech, start-up and digital education.

  • In the media
  • Riga
  • Latvia
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Employment in Belarus: “If you want a top career, learn the language” - Pedersen and Partners Executive Search

Minsk, Belarus – How easy is it to find a good specialist in Belarus? How do language skills affect salaries, and what is the demand for narrowly-focused specialists? What’s going on in the labour market? And is it true that there are more and more highly-paid vacancies? Lola Trapsh, Country Manager for Belarus at Pedersen & Partners, discusses these questions and more.

  • In the media
  • Minsk
  • Belarus
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How to build a sustainable talent pool for Consumer Goods companies - Pedersen and Partners Executive Search

Tallinn, Estonia – Talent is a hot topic – at the national level, in business ventures from global corporations to start-ups, and everywhere else, it seems. Everybody knows that "talent" is important for their own business or country, and feels obliged to mention it frequently. But what is actually behind these words? Does your organisation have a clear talent strategy and an action plan, and has it defined what exactly it wants to achieve? Most importantly, does the strategy exist only on paper, or is there clear follow-up on progress and measured outcomes?

  • Press Releases
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  • Tallinn
  • Estonia
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Latin American talent market – challenges and opportunities  - Pedersen and Partners Executive Search

We have seen an increasing number of international firms moving their Latin American headquarters to Miami, Houston, Panamá, Mexico and other countries in the region, and in the process facing the inherent challenges of hiring senior executives across the continent. 

  • Press Releases
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  • Madrid
  • Mexico City
  • Mexico
  • Spain
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Pedersen & Partners announces its collaboration with Juan Carlos Garavito as Senior Advisor for Colombia and Latin America - Pedersen and Partners Executive Search

April 21st, 2016 – Bogotá, Colombia – Pedersen & Partners, a leading international Executive Search firm with 56 wholly owned offices in 52 countries, is pleased to announce the launch of its collaboration with Juan Carlos Garavito, a top strategic advisor in Latin America.

  • Press Releases
  • Bogota
  • Colombia
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Mining Industry: Talent Forecast - Pedersen and Partners Executive Search

Toronto, Canada – The past six years have been turbulent for the global economy to say the least, and the mining sector is no exception. Based on the atmosphere at the recent PDAC Convention, although the outlook for 2016 is still very uneasy, there is some longer-term optimism for the sector. Numbers were down with 22,000 in attendance, but the overall outlook was more positive than last year, with precious metals and some other commodities starting to rally in price.

  • Press Releases
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  • Toronto
  • Canada
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The FinTech revolution – regards from Africa - Pedersen and Partners Executive Search

Johannesburg, South Africa – Africa has leapfrogged the rest of the world! From unbanked to almost fully connected in a few years. It has achieved this phenomenal feat without the use of the traditional retail-banking model but rather by disrupting convention: using innovation and creativity – resulting in the birth of FinTech.

  • Press Releases
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  • Johannesburg
  • South Africa
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Going public: The role of infrastructure development in growing Kenya’s executive talent pool - Pedersen and Partners Executive Search

Nairobi, Kenya – Kenya’s private sector is remarkably accomplished; however, it is fundamentally important that the country’s public sector promotes a favourable business environment. One important aspect of this cooperation is infrastructure development.

  • Press Releases
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  • Nairobi
  • Kenya
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Recruiting top managers – resumes and interviews - Pedersen and Partners Executive Search

Kiev, Ukraine – Recruiting an executive is a complex process that has several instrumental components. The most essential of them will be the core of the following piece.

  • Press Releases
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  • Kiev
  • Ukraine
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Pedersen & Partners co-hosts executive coaching session on managing high performance teams  - Pedersen and Partners Executive Search

Lima, Peru – What are the characteristics of a high performance team? What does it take to assemble, manage and develop one? At a recent business breakfast event in Lima organised by Pedersen & Partners in association with Club Empresarial from Peru, the business community had a chance to discuss the importance of the executive coach in developing successful teams and achieving company growth.

  • Press Releases
  • Lima
  • Peru
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Middle East & Africa headquarters in Dubai – challenges and opportunities  - Pedersen and Partners Executive Search

Dubai, United Arab Emirates – Focusing on the Consumer sector in particular but also taking a number of other sectors into consideration, we have seen an increasing number of international firms moving their Middle East & Africa headquarters to Dubai, and in the process facing the inherent challenges of hiring senior executives across North and Sub-Saharan Africa.

  • Press Releases
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  • Dubai
  • United Arab Emirates
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Middle East & Afrika Headquarters in Dubai – Chancen und Herausforderungen - Pedersen and Partners Executive Search

Dubai, Vereinigte Arabische Emirate – Die nähere Betrachtung insbesondere des Konsumsektors, wie auch einer Reihe anderer Branchen, zeigt eine steigende Zahl internationaler Unternehmen, die ihr Headquarter für den Mittleren Osten und Afrika nach Dubai verlagern und vor der Herausforderung stehen, ihre Top-Führungskräfte in Nordafrika und südlichem Afrika zu gewinnen.

  • Press Releases
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  • Dubai
  • United Arab Emirates
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Las Sedes Centrales para Oriente Medio y África se establecen en Dubái – retos y oportunidades - Pedersen and Partners Executive Search

Dubái, Emiratos Árabes Unidos – Centrándonos particularmente en el sector de Gran Consumo, pero también teniendo en cuenta otros sectores de la industria, hemos visto un creciente número de empresas internacionales mover sus sedes centrales para Oriente Medio y África a Dubái y, en el proceso, hacer frente a los retos inherentes a la contratación de ejecutivos de primer nivel en toda África del Norte y Subsahariana.

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  • Dubai
  • United Arab Emirates
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How much does a consultant earn? “derStandard” - Pedersen and Partners Executive Search

Vienna, Austria – Consulting is a very wide professional field, in which professionals support companies and private individuals in a wide variety of areas. The consulting needs of businesses and individuals alike have increased significantly in recent years, due to the booming complexity of professional practice.

  • In the media
  • Vienna
  • Austria
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Smart Future conference: which professions are growing and which are declining? - Pedersen and Partners Executive Search

Riga, Latvia – According to research carried out by Deloitte, technology has created more professions than it has destroyed over the last 140 years.

  • In the media
  • Riga
  • Latvia
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Mining skills: Careers with a future - Pedersen and Partners Executive Search

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.

  • In the media
  • Johannesburg
  • South Africa
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Why the pleasure of a pay rise isn’t permanent, “HRweb” - Pedersen and Partners Executive Search

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.

  • In the media
  • Vienna
  • Austia
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Pedersen & Partners enters the Portuguese market, “Revista Actualidad€ - Economia Ibérica” - Pedersen and Partners Executive Search

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.

  • In the media
  • Lisbon
  • Portugal
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Austrian Managers under the spotlight, “Biz” - Pedersen and Partners Executive Search

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.

  • In the media
  • Vienna
  • Austria
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Tips and tricks for workforce optimisation, “Probusiness.by” - Pedersen and Partners Executive Search

Minsk, Belarus – With the wrong motivation and negligent attitudes towards hiring and firing procedures, workforce optimisation can result in additional costs and reputational damage. 

  • In the media
  • Minsk
  • Belarus
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Future professions without geographical boundaries, “Dienas Bizness” - Pedersen and Partners Executive Search

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.

  • In the media
  • Riga
  • Latvia
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Negotiate, don’t eliminate, “FINANCE.TUT.BY” - Pedersen and Partners Executive Search

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.

  • In the media
  • Minsk
  • Belarus
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Beijing smog driving away expat talent, “HR Magazine” - Pedersen and Partners Executive Search

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.

  • In the media
  • Hong Kong
  • China
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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.

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Looking 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. 

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24 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.”

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By 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. 

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By 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.

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By 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.

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By 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.

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By 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)

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By 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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By Evita Lune, Partner, Country Manager  Latvia

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