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Spain did not achieve the official

2011 economic growth target
of 1.3% (the actual figure was
nearer 0.8%). Unemployment
levels were higher than in 2010,
and any changes in the public
and retail banking sectors remain
to be seen.
Despite these challenging
economic conditions, there were
pockets of recruitment at the mid
to senior level in some specific
sectors that performed strongly.
For example, hiring demand
within public infrastructure
engineering and construction
companies with an international
focus was strong as these
businesses won important deals
all over the world due to their
widely-recognised expertise
and competitiveness. The
tourism sector also performed
strongly, which led to higher
recruitment levels in this area.

There was demand within
the IT and telecommunications
industry for technical, sales and
support services professionals.
Due to its resilience to the
downturn, recruitment levels
in the insurance sector remained
stable.

SPAIN

The Spanish economy faltered
in the second half of 2011 with
zero growth and the faint signs
of recovery witnessed in 2010
disappearing.

Like many Eurozone economies,
Spain is faced with a major
challenge as it attempts to trim a
large public deficit with spending
cuts while, at the same time,
safeguarding economic growth
and jobs.

Robert Walters Global Salary Survey 2012

Although�there�were�no�signs�of�the�economy improving.�COMMERCE. HR�business�partners�and�international financial�controllers�were�also�recruited�for their�corporate�and�support�services.�services providers.1%�in�2010�with�no expectations�for�change�in�the�short-term.�Large�and medium-sized�companies�in�the�Spanish�EPC (engineering.�the�recruitment�market�will�remain highly�competitive.MADRID MADRID MADRID FINANCIAL�SERVICES.�increasing investment�in�emerging�countries�led�to demand�for�financial�controllers�able�to�act as�business�partners�to�senior�management.�ENGINEERING.�some�functions�remained critical�for�companies�that�sought�out�new revenue�streams�and�opportunities�to�add to�their�bottom�line.�SALES�&�MARKETING�AND�IT In�2011.�our�Madrid�office�added�to�its specialist�offering�with�two�new�teams. leveraging�off�our�established�Spanish database�of�qualified�candidates�and�a�stable client�portfolio.�telecommunications�operators 139 Robert�Walters�Global�Salary�Survey�2012 and�constructors�were�in�strong�demand for�middle�to�senior�technical�and�sales management�roles.�ENGINEERING.�software. The�manufacturing�sector�recruited experienced�engineers�to�improve�their�supply chain�and�procurement�processes.�ENGINEERING.�procurement�and�constructors) sector�involved�in�renewable�energy.�mobile�content. Both�of�these�began�recruiting�successfully. Actuaries�were�also�sought-after�by�insurance companies�to�reinforce�expert�assessments�of financial�security�systems.�railway facilities. The�IT�and�telecommunications�sector�was�a dynamic�employer�due�to�ongoing�innovations and�a�critical�need�to�improve�the�efficiency of�the�Spanish�industrial�sector. Outlook�for�2012 The�outlook�for�the�Spanish�labour�market is�bleak�as�average�unemployment�rose�to 21%�in�2011�from�20.�In�particular.�These�businesses�sought professionals�with�fluent�English�and�expertise in�international�tax�and�business�legislation. Salary�levels�remained�steady�throughout�the year�and�we�expect�this�to�remain�the�case�in 2012. .�In�some cases. FINANCIAL�SERVICES.�transmission�and�distribution energy�and�road�transport�infrastructure were�vital�to�the�local�recruitment�industry as�they�grew�internationally�and�recruited qualified�professionals�to�staff�their�central services�in�Spain. insurance�(within�financial�services)�and�IT.�With�the�burst�property�bubble�and decreased�consumer�confidence.�COMMERCE.�at more�than�double�the�average�of�the�27�EU countries. however. internet�providers.�they�also�expatriated�engineers�and project�managers�overseas�to�lead�the�delivery of�their�services�and�construction�in�the�field.�experienced�with�hardware.�Spain�has�the�highest unemployment�rate�in�the�European�Union. For�middle�and�senior�management�roles.�Engineers with�foreign�language�and�communication skills.�SALES�&�MARKETING�AND�IT We�are�now�able�to�provide�specialist recruitment�services�across�the�following disciplines: • • • • • Commerce Engineering Financial�services IT Sales�&�marketing Market�Overview According�to�Eurostat.�three�million people�were�made�unemployed�over�a�period of�the�previous�four�years.�SALES�&�MARKETING�AND�IT FINANCIAL�SERVICES.�COMMERCE.

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