Riga, Latvia – Pedersen & Partners Riga has moved its office location to newer, larger premises.
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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.”
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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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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.
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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.
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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.
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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?
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The “digital” buzzword is to today's business world what “internet” was in the 1990s. And "digital transformation" covers a wide range of new (but different) technologies now in the same way that "the internet" once did, encompassing innovations such as big data analytics, machine learning, artificial intelligence, natural language processing, and robotic process re-engineering. Yet it is a deceptive half-truth to assume that the deployment of bleeding-edge technology is all that is needed for digital success.
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Riga, Latvia – Evita Lune, Global Digital Economy Partner, interviewed Gunita Kulikovska, Founder and CEO of Vividly for Riga Tech Girls, an IT community in Riga, Latvia dedicated to tech, start-up and digital education. Vividly was founded in 2016 by young architects and tech professionals driven by the synergy between architecture, virtual reality, and people. Its CEO does not speak the traditional start-up language – she is a visionary, who aspires to facilitate the development of a new medium (virtual reality) as the paradigm shift in the way architects communicate with their clients and teams.
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Warsaw, Poland – AI: Human labour transformed. Artificial intelligence will force companies to revisit and reinvent their processes; this is the only way in which they will become more efficient, innovative and focused on new processes. Cooperation, teamwork, creativity, flexibility, efficiency, and diversity of corporate cultures will become increasingly significant at all levels.
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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.
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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.
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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.
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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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Johannesburg, South Africa – “In the Sub-Saharan Africa talent market, job titles and therefore pay scales mean very little – i.e. a Vice President in one country could be a senior manager or a Director in another. Typically companies have simply been grateful that they can get talent to relocate to some of the countries where they operate in subsidiaries, so now they find themselves with confused pay scales. They find their calculations to be driven by what the markets dictate rather than what their organic pay scale specifies for corresponding positions elsewhere in the world,” explains Martin Pike, Managing Director of Sub-Saharan Africa region at Pedersen & Partners.
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February 5th, 2016 – Munich, Germany – Pedersen & Partners, a leading international Executive Search firm with 56 wholly owned offices in 52 countries, is pleased to announce the promotion of Gary Williams to Partner and equity owner of the firm.
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Johannesburg, South Africa – If we are to be successful when searching for executive management in South African universities, we need a complete understanding of what "transformation" means for that particular entity. Our tertiary education system is on a steadfast path of change, expansion and inclusivity. Funding is under great strain, but the pressure to be world-class has never been greater. Academia has a responsibility to create a long-lasting legacy and contribution to South Africa’s democracy.
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February 2nd, 2016 – Bangkok, Thailand – Pedersen & Partners, a leading international Executive Search firm with 56 wholly owned offices in 52 countries, is pleased to announce that Dean McHugh has joined its Asia Pacific team as a Regional Client Partner.
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January 25th, 2016 – Bangkok, Thailand – Pedersen & Partners, a leading international Executive Search firm with 56 wholly owned offices in 52 countries, is pleased to announce that James Prideaux has joined its Asia Pacific team as a Regional Client Partner.
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January 21st, 2016 – London, United Kingdom – Pedersen & Partners, a leading international Executive Search firm with 56 wholly owned offices in 52 countries, today announced the appointment of Frank Behrendt as a Principal and the Head of the Financial Services Practice Group Africa.
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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.
Read more![Could your ego help your career? "Gestión" - Pedersen and Partners Executive Search](https://www.pedersenandpartners.com/sites/default/files/public/styles/news_header_3col_450w_252h/public/press-image/ego-in-career_pedersen-pa.jpg?itok=lT_jRLo0 "Could your ego help your career? "Gestión" - Pedersen and Partners Executive Search")
Lima, Peru – Some studies show that going into a crucial interview with an egotistical attitude could bring you an advantage. Employers often prefer a confident candidate who is convinced that s/he is the best person for this specific job – but perhaps it is just as important to raise your confidence by carefully analysing the job description before the interview!
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Minsk, Belarus – Lola Trapsh, Country Manager for Belarus at Pedersen & Partners, a leading international Executive Search firm that operates in 56 wholly owned offices in 52 countries, gives her expert insights into the realities of the employment situation in Belarus.
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Riga, Latvia – This year, Latvia was ranked 15th in the Global Gender Equality Index published by the World Economic Forum. This achievement is borne out by the number of influential and successful women in the country.
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Vienna, Austria – The concept of sabbatical leave first appeared in the US several decades ago. Burnt-out American professors felt the need to take breaks to recover from the pressures of academia, and would return refreshed and ready for new ideas. Before long, the concept spread to European universities.
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Dubai, United Arab Emirates – Many companies are trying to reduce their numbers on their payrolls in a bid to cut costs. With oil prices showing no signs of heading up, companies in Oman are pulling all stops to reduce their employee cost.
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Vienna, Austria – Imagine going to your boss and requesting a 10% pay increase, only to be told: “That’s not possible – get back to work!” What happens next? There are two possibilities – either you leave for a new position with a bigger salary, or continue to work at the same job with the same salary, but the final outcome primarily depends on who has the better BATNA.
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Madrid, Spain – Workplace gender equality is the subject of research and discussion all over the world. While the specific numbers and reasons for the pay gap differ, the problem still persists. Pedersen & Partners' Client Partner Puri Paniagua analyses the gender pay gap in the region in an interview with Spain’s national broadcaster RTVE.
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Vienna, Austria – Continuous career advancement is a thing of the past; these days the career ladder can go down as well as up.
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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.
Read moreBy David Mashuri, Principal and Head of Central Asia
Management Demand
It's obvious to anyone crossing Kazakhstan today that this vast country located between the Russian, Indian and Chinese Giants is a paradox, though relatively unknown worldwide, its abundant natural resource wealth makes its population one of the potentially richest per capita.
Read moreBy Poul Pedersen, Managing Partner
If so, then you might be interested to know that the large regional private equity fund manager Enterprise Investors and the executive search firm Pedersen & Partners is operating a “MBI & MBO Club” in Poland, Romania, Czech Republic, Hungary, Slovakia, Bulgaria, the Baltics and Ukraine.
Read moreFrom our extensive experience with executive recruitment both in various geographical as well as in functional areas we have encountered the issue of lack of leadership talent in Central and Eastern European region. Real estate in Romania is booming and the demand for top performers in this sector has been growing exponentially. Russia is experiencing growing demand for HR directors and executives in investment banking. FMCG, Retail and Financial sectors in Poland already developed and trained highly qualified
Read moreBy Minerva Cernea, Principal and Head of North America
Evolution of the CFO role in CEE. What makes CFOs move: paycheck or challenge?
This article focuses on the changes of the CFO position in CEE, what motivates these people and what they understand to be their mission.
Read moreBy Ilham Hajiyev, Country Manager Azerbaijan and Poul Pedersen, Managing Partner
Management Demand
Over the past decade Azerbaijan has attracted significant amount of foreign investment. Investors are mainly global energy firms: Russian, Turkish, British and others.
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