News

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.

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

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.

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…

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.

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.

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!

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.

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.

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.