Because of how we work when supporting our clients, we have a very unique “glimpse” into how over 5000 Executive Search companies and almost 20 000 decision makers react – the majority of which being located in Europe; and we collect and analyze how they respond; and we observe if and what kind of trends there are to leverage them into better career management & more effective job search methods. Before there are trends, there are signals which we usually keep to ourselves. But these are not usual times, so we decided to share these signals by the end of each week. If the country / context is important, we’ll add them. Otherwise, we’ll keep it general for confidentiality. We’ve continued reaching out to CEOs, HR Directors, investors, board members, that we know personally, to take the temperature. Below you’ll find their shortened quotes in no particular order. Collected Quotes from CEOs and HR Directors The vast majority of executives are with market leaders in their respective industries. By default, the board members are members of local boards; if not, we’ll indicate the exception. Media company: We are trying to prevent lay-offs by negotiating government aid. TV / Telecommunications: No lay-offs planned. All good. Big digitalization / restructuring project. Construction: No lay-offs. We are actually recruiting massively. Engineering group: We are managing and not laying off anybody. Cosmetics: Depending on the category we either see increases or decreases in sales. Overall, we are doing well and we are not planning any lay-offs and we didn't have to reduce any salaries. IT: We can't complain. We've kept the turnover at the same level and are busy. Travel retail (Australia): It's definitely not easy, but we are managing. Real estate: We’re actively looking for savings. Big hospitality chain: No lay-offs. Paper products: No lay-offs. E-commerce: Recruitment processes are still taking place. Industry: Ongoing recruitment processes for CEO positions where restructuring experience is needed. Pharma: Many internal and external recruitment processes. If you want to discuss your professional situation confidentially or if you considering hiring Career Angels for support, contact Bichl.Sandra@CareerAngels.eu who will personally match you with the most appropriate consultant. For efficiency, add your CV and availability for a Skype call.

1. Market Signals
Full Report - Week 17

2. The type of clouds (cirrus, stratus, cumulus, nimbus), their size, location, direction and
speed of movement can give an indication as to what the weather has in store
over the coming two days: storm, sun, snow, ice or rain. In other words, dreamy, thin,
wispy clouds bring something different than fluffy, cotton wool style clouds.
The art of interpreting signals (precursors of trends) is - and always has been -
important in navigating financial markets and economies. If you are an
experienced manager or executive who wants to manage their career and/or job
search processes wisely, look at the signals of the job market which are
inseparably embedded in the VUCA landscape of today's world.
Check in on Saturdays afternoon for the newest release on LinkedIn:
http://LinkedIn.com/company/Career-Angels/
Prepared by the entire team of www.CareerAngels.eu
Published: April 25, 2020

3. Because of how we work when supporting our clients, we have a very unique
“glimpse” into how over 5000 Executive Search companies and almost 20 000
decision makers react – the majority of them being located in Europe; and we
collect and analyze how they respond; and we observe if and what kind of
trends there are to leverage our clients into better career management &
more effective job search methods.
Before there are trends, there are signals which we usually keep to ourselves.
But these are not usual times, so we decided to share those signals by the end of
each week. If the country / context is important, we’ll add them. Otherwise, we’ll
keep it general for confidentiality.
Source of signals

4. Note: some job ads might
have been taken off LinkedIn,
not because the recruitment
process was put on hold or
canceled, but because they
are costly, especially if you
have dozens of them. A
company might have wanted
to simply cut costs and move
to more cost effective
alternatives. Some local job
portals are offering
substantial discounts.
These are the initial 18
countries that we tracked.
Number of published job ads on LinkedIn
Weeks 13 to 17

5. Note: some job ads might
have been taken off LinkedIn,
not because the recruitment
process was put on hold or
canceled, but because they
are costly, especially if you
have dozens of them. A
company might have wanted
to simply cut costs and move
to more cost effective
alternatives. Some local job
portals are offering
substantial discounts.
These are the initial 18
countries that we tracked.
Number of published job ads on LinkedIn
Weeks 13 to 17 - sorted

6. Number of published job ads on LinkedIn
Weeks 15 vs 17 - extended to 36 countries

7. Number of published job ads on LinkedIn
Weeks 15 vs 17 - extended to 36 countries - sorted

8. Selected quotes from CEOs & HR Directors
Media company: We are trying to prevent lay-offs by negotiating government aid.
TV / Telecommunications: No lay-offs planned. All good. Big digitalization / restructuring
project.
Construction: No lay-offs. We are actually recruiting massively.
Engineering group: We are managing and not laying off anybody.
Cosmetics: Depending on the category we either see increases or decreases in sales.
Overall, we are doing well and we are not planning any lay-offs and we didn't have to
reduce any salaries.
IT: We can't complain. We've kept the turnover at the same level and are busy.

9. Visegrad
Group
Baltics
Number of published job ads on LinkedIn by region

10. Northern Europe
Southern Europe

11. Iberia
SEE

12. Observations & best practices
pay out bonuses irrespectively of whether the targets were achieved
provide with free psychological support / access to therapists
care packages with face masks and disinfectants
courses / onboarding moved online
increase of salary to show appreciation for hard-working employees
Here are some solutions that corporations have implemented to aliviate / deal with
COVID-19 consequences:
Recruitment and Executive Search companies:
On the one hand, some recruitment and Executive Search agencies informed us about
their increased workload. On the other hand, we'll quote the CEO of a recruitment firm,
"Only about 2-3 clients with urgent needs allow us to finish the recruitment processes.
The rest was put on hold. As to candidates: if they are employed they refuse to
participate in processes; if they aren't, they shower us with their CVs."

13. Western Europe

14. Selected quotes from CEOs & HR Directors, part 2
Travel retail (Australia): It's definitely not easy, but we are managing.
Real estate: We’re actively looking for savings.
Big hospitality chain: No lay-offs.
Paper & forest products: No lay-offs.
E-commerce: Recruitment processes are still taking place.
Industry: Ongoing recruitment processes for CEO positions where restructuring experience is
needed.
Pharma: Many internal and external recruitment processes.

15. DACH
BENELUX

16. Number of "job search" taglines on LinkedIn
Note: this is - again - only one of
many sources of information;
and also a simplified one. The
increase in these types of
taglines certainly stems partly
from an increase in new member
profiles on LinkedIn.

17. Keep engaging in recruitment processes. You don’t know if your job is indeed
safe. It’s always better to be able to choose from a couple of options while
you have a job rather than wake up with no job and have no options at all.
If you have restructuring / change management / interim experience, prepare
your project or business cases list.
Prepare and practice interviewing online!
Work on your branding: on paper (CV), online (LinkedIn) and orally (strategic
interviewing). Charisma alone will not get you shortlisted against hundreds of
candidates; especially now that companies will look for low-risk candidates
who can demonstrate very specific skill sets and leadership competencies.
Our recommendations for senior candidates

18. If you are a senior candidate who
might need support / guidance:
You can access the following services completely confidentially and
free of charge:
- CV Report
- Career Consultation
Email Bichl.Sandra@CareerAngels.eu who will personally match you
with the most relevant Career Consultant. To save time: add your CV
and availability for a Skype call.

19. If you want to support your
(future) former employees:
Request an offer for outplacement services by email:
- in Polish: Anna.Zadrozna@CareerAngels.eu
- in English / German: Sandra.Bichl@CareerAngels.eu
For further information visit: www.ManagerialPlacement.eu