Q4 2014 - Manpower UK · m emm o s uk smart job no: 07590 quarter 4 2014 client: manpower subject:...

SMART JOB NO: 07590 QUARTER 4 2014

CLIENT: MANPOWER

SUBJECT: MEOS UNITED KINGDOM Q414 – A4 – 2 COLOUR

SIZE: A4

DOC NAME: B29744 07590MPCP_UK_2_COL_Q414 PAGE: 1

ARTWORK SIZE: 297mm x 210mm DATE: 03.09.14

87 CHARTERHOUSE STREET • LONDON EC1M 6HJ • TEL +44 (0)20 7324 1077

Manpower Employment Outlook SurveyUK

A Manpower Research Report

Q4 2014

Manpower Employment Outlook Survey UK


CLIENT: MANPOWER


SIZE: A4





CLIENT: MANPOWER


SIZE: A4




Contents

UK Employment Outlook 1Regional Comparisons

Sector Comparisons

Global Employment Outlook 17International Comparisons – EMEA

International Comparisons – Americas

International Comparisons – Asia Pacific

About the Survey 27

About ManpowerGroupTM 29

Q4/

14

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UK Employment OutlookThe Manpower Employment Outlook Survey for the fourth quarter 2014 was conducted by interviewing a representative sample of 2,102 employers in the UK.

All survey participants were asked, “How do you anticipate total employment at your location to change in the three months to the end of December 2014 as compared to the current quarter?”

UK employers report cautiously optimistic hiring intentions for the next three months. While 11% of employers expect to increase staffing levels, 4% anticipate a decrease and 83% forecast no change, resulting in a Net Employment Outlook of +7%.

Once the data is adjusted to allow for seasonal variation, the Outlook stands at +6%. When compared with Quarter 3 2014, hiring plans are two percentage points weaker, but employers report no change year-over-year.

Throughout this report, we use the term “Net Employment Outlook.” This figure is derived by taking the percentage of employers anticipating total employment to increase, and subtracting from this the percentage expecting to see a decrease in employment at their location in the next quarter. The result of this calculation is the Net Employment Outlook.

From this point forward, all data discussed in the commentary is seasonally adjusted, unless stated otherwise.

Increase Decrease No Change Don’t Know Net EmploymentOutlook

Seasonally AdjustedOutlook

% % % % % %

4th Quarter 2013 12 5 83 0 7 6

1st Quarter 2014 8 5 86 1 3 5

2nd Quarter 2014 10 3 86 1 7 7

3rd Quarter 2014 12 3 83 2 9 8

4th Quarter 2014 11 4 83 2 7 6

-20

-15

-10

-5

0

5

10

15

20

25

30

’93 ’94 ’95 ’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12 ’13 ’14Net Employment OutlookSeasonally Adjusted Outlook

No bar indicates Net Employment Outlook of zero.


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Regional SummaryPayrolls are expected to grow in 11 of the 12 UK regions during the October-December time frame. Employers report the strongest hiring prospects in both the East Midlands and the West Midlands, with Net Employment Outlooks of +12%. Yorkshire & Humberside employers report cautiously optimistic hiring plans with an Outlook of +10%, while the London Outlook stands at +9%. Some hiring opportunities are also anticipated in the South East and the North West, with Outlooks of +7% and +6%, respectively. However, South West employers forecast a decline in staffing levels with an Outlook of -4%.

Quarter-over-quarter, employers in seven of the 12 regions report weaker hiring intentions, most notably in the South West where the Outlook declines by 20 percentage points. Elsewhere, Outlooks are six percentage points weaker in both the East and Scotland, while employers report declines of three

percentage points in both the South East and Wales. Meanwhile, hiring prospects strengthen in four regions. The London Outlook is eight percentage points stronger and an increase of six percentage points is reported in Northern Ireland.

When compared with Quarter 4 2013, employers report weaker Outlooks in six of the 12 regions, with the most notable declines of 12 and 10 percentage points in the South West and the East, respectively. Elsewhere, hiring plans are six percentage points weaker in both the North East and the North West while a decline of five percentage points is reported by Welsh employers. However, hiring prospects improve in five regions, most notably by 12 percentage points in Yorkshire & Humberside. West Midlands employers report an eight percentage point increase and the London Outlook is seven percentage points stronger.

East

East Midlands

London

North West

North East

Northern Ireland

Scotland

South East

South WestWales

West MidlandsYorkshire & Humberside

DecreaseQ4 2014 Q4 2014 Q3 2014 Q4 2013

Qtr on QtrChangeQ3 2014

to Q4 2014

Yr on YrChangeQ4 2013

to Q4 2014IncreaseQ4 2014

%

21

6

11

14

13

6

8

10

46

1512

%

8

3

2

6

3

3

8

4

66

10

%

13 (12)13 (4)1

9 (9)1

8 (4)1

10 (6)1

3 (2)1

0 (3)1

6 (7)1

-2 (-4)1

0 (1)1

14 (12)1

12 (10)1

%

20 (12)115 (10)1

1 (1)1

6 (6)1

7 (7)1

-3 (-4)1

12 (9)1

13 (10)1

20 (16)1

5 (4)1

11 (9)1

5 (8)1

%

8 (7)116 (14)1

2 (2)1

14 (10)1

16 (12)1

-2 (-3)1

1 (4)1

6 (7)1

10 (8)1

5 (6)1

6 (4)1

-1 (-2)1

%

-7 (0)1-12 (-6)1

8 (8)1

2 (-2)1

3 (-1)1

6 (6)1

-12 (-6)1

-7 (-3)1

-22 (-20)1

-5 (-3)1

3 (3)1

7 (2)1

%

5 (5)1-13 (-10)1

7 (7)1

-6 (-6)1

-6 (-6)1

5 (5)1

-1 (-1)1

0 (0)1

-12 (-12)1

-5 (-5)1

8 (8)1

13 (12)1

1. Number in parentheses is the Net Employment Outlook when adjusted to remove seasonal variations.

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Sector SummaryEmployers in eight of the nine industry sectors forecast an increase in staffing levels during the upcoming quarter. The most upbeat hiring intentions are reported in both the Utilities sector and the Finance & Business Services sector with Net Employment Outlooks of +11%. Cautiously optimistic hiring plans are evident in the Manufacturing sector, with an Outlook of +9%, and in both the Mining sector and the Transport & Communications sector, where Outlooks stand at +8%. Meanwhile, Construction sector employers anticipate a decline in payrolls, reporting an Outlook of -2%.

Hiring prospects decline in seven of the nine industry sectors when compared with Quarter 3 2014. The most noteworthy decreases of four and three percentage

points are reported in the Mining sector and the Agriculture sector, respectively. However, employers in two sectors – the Manufacturing sector and the Transport & Communications sector – report improvements of three percentage points.

Year-over-year, Outlooks weaken in four of the nine industry sectors. The most notable decline of five percentage points is reported by Finance & Business Services sector employers, while Outlooks are two percentage points weaker in both the Agriculture sector and the Utilities sector. Elsewhere, hiring prospects improve in three sectors. Manufacturing sector employers report an increase of six percentage points and the Outlook for the Transport & Communications sector is four percentage points stronger.

Hotels & Retail

Finance &Business Services

Manufacturing

Mining

Transport &CommunicationsUtilities

DecreaseQ4 2014 Q4 2014 Q3 2014 Q4 2013

Qtr on QtrChangeQ3 2014

to Q4 2014

Yr on YrChangeQ4 2013

to Q4 2014IncreaseQ4 2014

% % %

1 (3)1-1 (3)1

-2 (-2)1

12 (11)1

5 (4)1

10 (9)1

5 (8)1

9 (8)1

12 (11)1

%

5 (4)19 (6)1

1 (-1)1

14 (12)1

10 (6)1

4 (6)1

14 (12)1

6 (5)1

12 (12)1

%

4 (4)11 (5)1

-4 (-4)1

17 (16)1

4 (4)1

1 (3)1

5 (8)1

3 (4)1

14 (13)1

%

-4 (-1)1-10 (-3)1

-3 (-1)1

-2 (-1)1

-5 (-2)1

6 (3)1

-9 (-4)1

3 (3)1

0 (-1)1

%

-3 (-1)1-2 (-2)1

2 (2)1

-5 (-5)1

1 (0)1

9 (6)1

0 (0)1

6 (4)1

-2 (-2)1

1. Number in parentheses is the Net Employment Outlook when adjusted to remove seasonal variations.

Agriculture

Community & Social

Construction

6

4

2

15

11

12

9

13

14

5

5

4

3

6

2

4

4

2


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Regional ComparisonsEmployers in 11 of the 12 regions forecast an increase in staffing levels during Quarter 4 2014. The strongest hiring pace is expected in two regions with Net Employment Outlooks of +12% − the East Midlands and the West Midlands. Employers in Yorkshire & Humberside report cautiously optimistic hiring plans with an Outlook of +10%, while the London Outlook stands at +9%. Elsewhere, some payroll gains are forecast in the South East and the North West, with Outlooks of +7% and +6%, respectively, and modest job growth is anticipated in the East and the North East with Outlooks of +4%. However, the Outlook of -4% for the South West reflects muted hiring plans in the region.

When compared with the previous quarter, employers report weaker hiring prospects in seven of the 12 regions. A considerable decline of 20 percentage points is reported in the South West, while Outlooks are six percentage points weaker in both Scotland and the East. Employers in both Wales and the South East

report decreases of three percentage points. Meanwhile, hiring intentions strengthen in four regions, most notably by eight percentage points in London. Increases of six and three percentage points are reported in Northern Ireland and the West Midlands, respectively.

Year-over-year, Outlooks decline in six of the 12 regions. The most noteworthy decreases of 12 and 10 percentage points are reported in the South West and the East, respectively. Employers in both the North East and the North West report declines of six percentage points while the Welsh Outlook is five percentage points weaker. However, hiring prospects are stronger in five regions, including Yorkshire & Humberside, where employers report an improvement of 12 percentage points. The West Midlands Outlook is eight percentage points stronger and London employers report an increase of seven percentage points. Improvements of five percentage points are reported in both Northern Ireland and the East Midlands.

-10 20

North East

Wales

North West

0 3

London

West Midlands

0

8 4

10 6

National Average 7 6

Scotland

Yorkshire & Humberside

67

East

South East

East Midlands 1312

32

Northern Ireland

3 4

South West

99

Net Employment Outlook Seasonally Adjusted Outlook

1

-2 -4

14 12

12 10

-5 0 5 10 15

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With a Net Employment Outlook of +4% employers anticipate some payroll gains in the coming quarter. However, the Outlook is the least optimistic since

Quarter 2 2012, declining by six and 10 percentage points quarter-over-quarter and year-over-year, respectively.

East +3 (4)%

Net Employment OutlookSeasonally Adjusted Outlook’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12 ’13 ’14

-30

-20

-10

0

10

20

30

40

50

60


East Midlands +13 (12)%The steady hiring pace is expected to continue in the October-December time frame with employers reporting a Net Employment Outlook of +12% for the

second consecutive quarter. Hiring intentions are five percentage points stronger when compared with Quarter 4 2013.



-30

-20

-10

0

10

20

30

40

50

60


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Job seekers can expect to benefit from a cautiously optimistic hiring climate in the upcoming quarter, according to employers who report a Net Employment

Outlook of +9%. The Outlook improves by eight and seven percentage points quarter-over-quarter and year-over-year, respectively.

London +9 (9)%



-30

-20

-10

0

10

20

30

40

50

60

North East +8 (4)%Modest hiring activity is anticipated in Quarter 4 2014 with employers reporting a Net Employment Outlook of +4%. However, the Outlook declines by two percentage

points when compared with the previous quarter and is six percentage points weaker year-over-year.



-30

-20

-10

0

10

20

30

40

50

60

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Some hiring opportunities are forecast for the next three months with employers reporting a Net Employment Outlook of +6%. Hiring intentions remain relatively

stable when compared with Quarter 3 2014 but decline by six percentage points year-over-year.

North West +10 (6)%



-30

-20

-10

0

10

20

30

40

50

60

Northern Ireland +3 (2)%Slow-paced payroll gains are anticipated in Quarter 4 2014 with employers reporting a Net Employment Outlook of +2%. The Outlook is six percentage points

stronger quarter-over-quarter and increases by five percentage points year-over-year.


-30

-20

-10

0

10

20

30

40

50

60

Northern Ireland joined the survey in Q2 2003.


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Job seekers can expect modest hiring activity in the next three months, according to employers who report a Net Employment Outlook of +3%. Hiring prospects

decline by six percentage points when compared with the previous quarter but remain relatively stable year-over-year.

Scotland 0 (3)%


-30

-20

-10

0

10

20

30

40

50

60

Scotland joined the survey in Q2 2002. No bar indicates Net Employment Outlook of zero.

South East +6 (7)%Job seekers can expect a fair hiring climate in the October-December time frame with employers reporting a Net Employment Outlook of +7%.

Hiring prospects are three percentage points weaker when compared with the previous quarter but remain unchanged year-over-year.


-30

-20

-10

0

10

20

30

40

50

60


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Reporting a Net Employment Outlook of -4% for the coming quarter, employers forecast the weakest labour market since Quarter 1 2002. Hiring plans

decline by a considerable margin of 20 percentage points quarter-over-quarter and are 12 percentage points weaker year-over-year.

South West -2 (-4)%


-30

-20

-10

0

10

20

30

40

50

60


Wales 0 (1)%Employers forecast a quiet labour market in the October-December time frame with a Net Employment Outlook of +1%. Hiring intentions decline by three and

five percentage points quarter-over-quarter and year-over-year, respectively.


Wales joined the survey in Q2 2002. No bar indicates Net Employment Outlook of zero.

-30

-20

-10

0

10

20

30

40

50

60


10


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improves both quarter-over-quarter and year-over-year, increasing by three and eight percentage points, respectively.

Employers anticipate the strongest hiring pace since Quarter 3 2011, reporting a Net Employment Outlook of +12% for the upcoming quarter. The Outlook

West Midlands +14 (12)%


-30

-20

-10

0

10

20

30

40

50

60

Yorkshire & Humberside +12 (10)%With a Net Employment Outlook of +10% employers report encouraging signs for job seekers in the forthcoming quarter. Hiring prospects are two

percentage points stronger when compared with the previous quarter and improve by 12 percentage points year-over-year.



-30

-20

-10

0

10

20

30

40

50

60

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Sector ComparisonsEmployers in eight of the nine industry sectors expect to increase payrolls during the coming quarter. The most optimistic hiring activity is forecast in two sectors with Net Employment Outlooks of +11% − the Utilities sector and the Finance & Business Services sector. Employers in the Manufacturing sector report cautiously optimistic hiring intentions with an Outlook of +9%, while Outlooks stand at +8% in both the Mining sector and the Transport & Communications sector. However, Construction sector employers report subdued hiring plans with an Outlook of -2%.

When compared with the previous quarter, hiring prospects weaken in seven of the nine industry sectors. The most noteworthy declines of four and three percentage points are reported in the Mining sector

and the Agriculture sector, respectively, while the Outlook is two percentage points weaker in the Hotels & Retail sector. Meanwhile, hiring intentions strengthen by three percentage points in both the Manufacturing sector and the Transport & Communications sector.

Year-over-year, Outlooks decline in four of the nine industry sectors. The most notable decrease of five percentage points is reported by Finance & Business Services sector employers, while decreases of two percentage points are reported in both the Agriculture sector and the Utilities sector. Elsewhere, hiring plans improve in three sectors. An increase of six percentage points is reported in the Manufacturing sector and the Outlook for the Transport & Communications sector is four percentage points stronger.

-5 15

Community & Social

5 8

National Average

9 8

Construction

5 4

Transport & Communications

76

-2

1 3

-2

Agriculture -1 3

Hotels & Retail

12 11

Utilities

10 9

Manufacturing

12 11

Finance & Business Services

Mining

Net Employment Outlook Seasonally Adjusted Outlook

0 5 10


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Job seekers can expect a modest hiring pace in the forthcoming quarter with employers reporting a Net Employment Outlook of +3%. However, the Outlook

declines by three percentage points quarter-over-quarter and is two percentage points weaker year-over-year.

Agriculture -1 (3)%

The Agriculture sector joined the survey in Q2 2002. No bar indicates Net Employment Outlook of zero.


-50-40-30-20-10

010203040506070

Community & Social +1 (3)%Some payroll gains are expected in the October-December time frame with employers reporting a Net Employment Outlook of +3%. Hiring prospects

remain relatively stable both quarter-over-quarter and year-over-year.



-50-40-30-20-10

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The stagnant labour market is forecast to continue in Quarter 4 2014 with employers reporting a Net Employment Outlook of -2%. Hiring intentions have now only been positive for one quarter in the past six

years. When compared with Quarter 3 2014, hiring prospects remain relatively stable and employers report a year-over-year improvement of two percentage points.

Construction -2 (-2)%



-50-40-30-20-10

010203040506070

Finance & Business Services +12 (11)%Job seekers can expect a steady hiring pace in the next three months with employers reporting a Net Employment Outlook of +11%. The Outlook remains relatively stable quarter-over-quarter but declines by five percentage points year-over-year.

Employers in the Finance sub-sector forecast a quiet labour market with a Net Employment Outlook of +1% for the upcoming quarter. Hiring prospects improve by

six percentage points when compared with the previous quarter but decline by 11 percentage points year-over-year.

In the Business Services sub-sector, employers expect the steady hiring pace to continue during Quarter 4 2014, reporting a Net Employment Outlook of +12%. However, hiring plans decline by two percentage points quarter-over-quarter and are four percentage points weaker year-over-year.



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Employers forecast a modest hiring pace in Quarter 4 2014, reporting a Net Employment Outlook of +4%. Hiring plans are two percentage points weaker quarter-over-quarter but employers report no change year-over-year.

In the B2B sub-sector, employers forecast a flat labour market with a Net Employment Outlook of 0% for the coming quarter. The Outlook declines by four percentage points quarter-over-quarter but is unchanged year-over-year.

Job seekers in the B2C sub-sector can expect some hiring opportunities in the next three months with employers reporting a Net Employment Outlook of +4%. Hiring prospects are three percentage points weaker when compared with the previous quarter but remain relatively stable year-over-year.

Hotels & Restaurants sub-sector employers anticipate a fair hiring climate in the October-December period, reporting a Net Employment Outlook of +9%. The Outlook declines by two percentage points quarter-over-quarter but is three percentage points stronger when compared with Quarter 4 2013.

Hotels & Retail +5 (4)%



-50-40-30-20-10

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Manufacturing +10 (9)%Employers forecast the strongest hiring activity since Quarter 1 2008, reporting a Net Employment Outlook of +9% for the coming quarter. Hiring prospects

strengthen by three and six percentage points quarter-over-quarter and year-over-year, respectively.


-50-40-30-20-10

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With a Net Employment Outlook of +8% employers report encouraging signs for job seekers in Quarter 4 2014. While the Outlook is four percentage points

weaker quarter-over-quarter, employers report no change when compared with Quarter 4 2013.

Mining +5 (8)%

The Mining sector joined the survey in Q2 2002. No bar indicates Net Employment Outlook of zero.


-50-40-30-20-10

010203040506070

Transport & Communications +9 (8)%Job seekers can expect to benefit from some hiring opportunities in the forthcoming quarter with employers reporting a Net Employment Outlook of +8%. The Outlook improves by three percentage points when compared with the previous quarter and is four percentage points stronger year-over-year.

In the Transport sub-sector, employers report cautiously optimistic hiring intentions with a Net Employment Outlook of +9% for the next three months.

Hiring plans improve both quarter-over-quarter and year-over-year, strengthening by six and seven percentage points, respectively.

Telecomms sub-sector employers anticipate some payroll gains in Quarter 4 2014, reporting a Net Employment Outlook of +6%. The Outlook declines by 10 percentage points when compared with the previous quarter but remains relatively stable year-over-year.



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Respectable workforce gains are anticipated in the October-December time frame with employers reporting a Net Employment Outlook of +11%.

Hiring intentions remain relatively stable when compared with the previous quarter but decline by two percentage points year-over-year.

Utilities +12 (11)%


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The Utilities sector joined the survey in Q2 2002.

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Survey Respondents by Region

Asia Pacific23%

EMEA31%

Americas46%

For the Quarter 4 2014 research ManpowerGroup surveyed more than 65,000 human resources directors and senior hiring managers from public and private organisations worldwide: 46% of respondents come from 10 countries in the Americas; 23% from eight countries and territories across Asia Pacific; and 31% from 24 countries in EMEA.

Global Employment OutlookOver 65,000 employers across 42 countries and territories have been interviewed to measure anticipated labour market activity* between October and December 2014. All participants were asked, “How do you anticipate total employment at your location to change in the three months to the end of December 2014 as compared to the current quarter?”

The fourth-quarter results provide little evidence of a pronounced overriding trend in the global labour market when compared to the prior quarter or last year at this time. There are, however, noteworthy developments in individual country and territory reports. The Greek forecast, for instance, continues the climb that started two years ago, and employer confidence in the U.S. continues to grow steadily. Yet while employers in both Brazil and China expect to boost payrolls, the fourth-quarter reports suggest they will do so at a pace far below historical levels. And labour market momentum has stalled in Ireland and Spain as Outlooks in both countries slip once again into negative territory.

From a global perspective, hiring plans are mostly positive with employers in 36 of the 42 countries and territories expecting to add to their workforces in the October-December time frame. Forecasts, however, are softer when compared to the Quarter 3 2014 results, with Outlooks improving in only 15 of 42 countries and territories. Still, employers expect to finish the year on a more confident note than they did in 2013, with Outlooks strengthening in 29 countries and territories year-over-year and declining in only 12. Fourth-quarter hiring confidence is strongest in India, Taiwan and New Zealand, while the weakest and only negative forecasts are reported in Spain, Italy, Ireland, the Czech Republic and Finland.

Across the Europe, Middle East & Africa (EMEA) region job prospects are mixed: Employers in 18 of 24 countries forecast payroll gains in the quarter ahead, while employers in five countries expect staffing levels

to decline. The hiring forecast improves in nine countries quarter-over-quarter, but strengthens in a year-over-year comparison in 20. Turkish employers report the region’s most optimistic hiring plans while the weakest forecast is reported in Spain.

Payrolls are expected to increase in all eight Asia Pacific countries and territories in the next three months. Forecasts are stronger in three countries and territories in comparison to Quarter 3 2014, weaken in another three and are unchanged in two. Employer hiring confidence is stronger in a year-over-year comparison in six countries and territories and declines in only two. The strongest hiring plans – as well as the most optimistic across the globe – are reported by employers in India, while the weakest Asia Pacific forecast is reported in mainland China.

Employers across the 10 countries surveyed in the Americas continue to report positive Net Employment Outlooks. However, hiring activity is expected to be marginally weaker in comparison to both Quarter 3 2014 and last year at this time. When compared with the previous quarter, Net Employment Outlooks improve in only three countries and decline in six. The year-over-year comparison trends similarly with forecasts improving in only three countries and declining in the remaining seven. Employers in Colombia report the strongest fourth-quarter hiring plans while job seekers in Costa Rica can expect the weakest jobs growth.

Full survey results for each of the 42 countries and territories included in this quarter’s survey, plus regional and global comparisons, can be found at

http://manpowergroup.com/press/meos_landing.cfm.

The next Manpower Employment Outlook Survey will be released on 9 December 2014 to report hiring expectations for the first quarter of 2015.

* Commentary is based on seasonally adjusted data where available. Data is not seasonally adjusted for Bulgaria, Finland, Israel, Slovakia, Slovenia and Turkey.


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9 (9)1

5 (5)1

3 (3)1

%

10 (10)1

15 (18)1

27 (26)1

16 (15)1

43 (46)1

17 (16)1

41 (40)1

5 (8)1

16 (16)1

11 (11)1

2 (1)1

5 (5)1

0 (0)1

3 (3)1

-3 (-2)1

5 (5)1

-5 (-4)1

5 (6)1

15

-6 (-3)1

-4 (-5)1

1 (3)1

5 (4)1

2 (1)1

1 (1)1

1 (0)1

0 (0)1

-8 (-1)1

-3 (-3)1

-2 (1)1

-5 (-4)1

4 (4)1

4 (4)1

7 (7)1

3 (3)1

9 (9)1

1 (1)1

3 (3)1

-4 (-4)1

4 (4)1

3 -11 -1

5 (4)1 -7 (-12)1 -8 (-8)120 (18)1 6 (4)1 5 (5)1

12 (15)1 -6 (1)1 2 (2)1

-2 (-2)1 -5 (-2)1 -2 (-2)1

3 (8)1 -10 (1)1 7 (8)1

3 (4)1 -7 (-4)1 6 (6)1

5 (7)1 -6 (-1)1 0 (3)12 -8 22 -3 1

5 (6)1 -4 (2)1 2 (2)1

1 (9)1 -15 (0)1 1 (4)1

-11 (-2)1

1 (2)1

-7 (-5)1

-3 (-3)15 (7)1 -7 (-2)1 -8 (-11)13 (5)1 -5 (-4)1 -3 (-3)1

2 (1)113 (11)1 4 (0)1 -5 (-5)1

-6 (-6)121 (16)1 3 (-1)1 -3 (-4)1

†EMEA – Europe, Middle East and Africa.

1. Number in parentheses is the Net Employment Outlook when adjusted to remove theimpact of seasonal variations in hiring activity. Please note that this data is not available for all countries as a minimum of 17 quarters worth of data is required.

1 (2)1

-1 (0)12 (2)1

-1 -7 5

2 (2)1

0 (1)1

1 (0)1

-6 (-3)1

-2 (0)1

-10 (-5)1

-1 (1)1

-11

-1 (5)1

2 (2)1

5 (5)1

1 (1)1

8 1 2

1 (1)1

2 (2)1

4 (4)1

-37 (6)1 -2 (-2)1 0 (0)1

11 (11)1

* Indicates unadjusted data.

Quarter 4 2014 Net Employment Outlook

-10 -5 0 5 10 15 20 25 30 35 40 45 50

-10 -5 0 5 10 15 20 25 30 35 40 45 50

India

Taiwan

New Zealand

Colombia

Japan

Mexico

Panama

Singapore

Hong Kong

Turkey

United States

Guatemala

Peru

Australia

China

Romania

Canada

Greece

Israel

Brazil

South Africa

Poland

Sweden

United Kingdom

Argentina

Austria

Germany

Norway

Costa Rica

Hungary

Belgium

Bulgaria

Switzerland

Slovakia

Slovenia

France

Netherlands

Finland

Czech Republic

Ireland

Italy

Spain

+46%

+40%

+26%

+18%

+18%

+16%

+16%

+16%

+15%

+15%*

+15%

+11%

+11%

+10%

+9%

+9%

+8%

+8%*

+8%

+7%

+7%

+6%

+6%

+6%

+5%

+5%

+5%

+5%

+4%

+4%

+3%

+3%*

+3%

+2%*

+2%*

+1%

0%

-1%*

-2%

-2%

-3%

-4%

Quarter 4 2014Qtr on Qtr Change

Q3 2014 to Q4 2014 Yr on Yr Change

Q4 2013 to Q4 2014

Americas

Asia PacificAustralia

China

Hong Kong

Japan

India

New Zealand

Singapore

Taiwan

EMEA†

Austria

Belgium

Bulgaria

Costa Rica

Colombia

United States

Czech Republic

Greece

Hungary

South Africa

SloveniaSlovakia

PolandRomania

Canada

Mexico

Peru

Brazil

Argentina

Guatemala

Panama

France

Germany

Finland

Ireland

Netherlands

Norway

Spain

Turkey

Italy

Switzerland

Sweden

Israel

UK

19


CLIENT: MANPOWER


SIZE: A4




More than 20,000 employers in 24 countries in the Europe, Middle East and Africa (EMEA) region were surveyed to measure anticipated hiring activity in the last three months of 2014.

Across the region, fourth-quarter hiring patterns remain mixed. Positive Outlooks are reported in 18 of 24 countries, compared to 19 of 24 in the July-September time frame. Outlooks improve in nine countries in a quarter-over-quarter comparison, but improve in 20 countries year-over-year. Hiring plans remain positive in Greece where the Outlook climbs to its strongest level in six years. Unfortunately, employment prospects in Ireland and Spain have once again slipped into negative territory following two consecutive quarters of positive forecasts.

Job prospects are strongest in Turkey, Romania, Greece and Israel. The weakest – and only negative – forecasts are reported by employers in Spain, Italy, the Czech Republic, Ireland and Finland.

The hiring pace in the United Kingdom is expected to slow slightly in the fourth quarter, but employers still anticipate some gains for job seekers, particularly in the Finance & Business Services and the Utilities sectors. Employers are also cautiously optimistic in Germany where – despite a recent downturn in factory orders – a moderate rebound in the Manufacturing forecast has employers there anticipating the strongest labour demand since Quarter 1 2012. Meanwhile, Poland’s forecast improves slightly both quarter-over-

International Comparisons – EMEAquarter and year-over-year, boosted by upbeat reports in the Transport, Storage & Communications and the Wholesale & Retail Trade sectors.

The Belgian Outlook rebounds from last quarter’s negative forecast, fuelled in part by the strongest hiring plans in the Transport, Storage & Communications sector since Quarter 1 2012. Similarly, the Outlook in France turns positive again thanks to considerable year-over-year improvements in the Transport, Storage & Communications, and the Utilities sectors.

The fourth-quarter results show that the Greek labour market is expected to continue the upward trend that began in Quarter 4 2012, with the strongest job prospects reported by employers in the Finance & Business Services and the Transport, Storage & Communications sectors.

Elsewhere, employers in Turkey continue to expect the region’s most active hiring pace based on continuing strong labour demand in the Manufacturing and Pharmaceutical sectors. Hiring activity in the Nordic countries is mixed with employers in both Norway and Sweden expecting some opportunities for job seekers, while the forecast in Finland again turns negative. Israeli employers continue to anticipate some opportunities for job seekers despite ongoing tensions in the region, while the South African Outlook remains cautiously optimistic although forecasts decline by varying margins in most industry sectors and regions.

Austria50

40

30

20

10

0

-10

-20


Seasonally Adjusted OutlookSeasonally Adjusted Outlook Net Employment OutlookNet Employment Outlook

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Belgium50

40

30

20

10

0

-10

-20



2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014


20


CLIENT: MANPOWER


SIZE: A4





CLIENT: MANPOWER


SIZE: A4




Germany50

40

30

20

10

0

-10

-20Seasonally Adjusted OutlookSeasonally Adjusted Outlook Net Employment OutlookNet Employment Outlook

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Hungary50

40

30

20

10

0

-10

-20

Hungary joined the survey in Q3 2009.No bar indicates Net Employment Outlook of zero.


2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Greece50

40

30

20

10

0

-10

-20

Greece joined the survey in Q2 2008.No bar indicates Net Employment Outlook of zero.

Seasonally Adjusted OutlookSeasonally Adjusted OutlookNet Employment OutlookNet Employment Outlook

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Ireland50

40

30

20

10

0

-10

-20



2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Finland50

40

30

20

10

0

-10

-20

Finland joined the survey in Q4 2012.

Net Employment OutlookNet Employment Outlook

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

France50

40

30

20

10

0

-10

-20



2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Bulgaria50

40

30

20

10

0

-10

-20

Bulgaria joined the survey in Q1 2011.


2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Czech Republic50

40

30

20

10

0

-10

-20

Czech Republic joined the survey in Q2 2008.No bar indicates Net Employment Outlook of zero.


2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

21


CLIENT: MANPOWER


SIZE: A4




Israel50

40

30

20

10

0

-10

-20

Israel joined the survey in Q4 2011.


2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Italy50

40

30

20

10

0

-10

-20


Seasonally Adjusted OutlookSeasonally Adjusted Outlook


2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Norway50

40

30

20

10

0

-10


2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Netherlands50

40

30

20

10

0

-10

-20



2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Poland50

40

30

20

10

0

-10

-20

Poland joined the survey in Q2 2008.No bar indicates Net Employment Outlook of zero.


2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Romania50

40

30

20

10

0

-10

-20

Romania joined the survey in Q2 2008.No bar indicates Net Employment Outlook of zero.


2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Slovakia

Slovakia joined the survey in Q4 2011.

50

40

30

20

10

0

-10

-20Net Employment OutlookNet Employment Outlook

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Slovenia

Slovenia joined the survey in Q1 2011.No bar indicates Net Employment Outlook of zero.

50

40

30

20

10

0

-10

-20Net Employment OutlookNet Employment Outlook

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014


22


CLIENT: MANPOWER


SIZE: A4





CLIENT: MANPOWER


SIZE: A4




UK50

40

30

20

10

0

-10

-20



2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Switzerland

Switzerland joined the survey in Q3 2005.No bar indicates Net Employment Outlook of zero.

50

40

30

20

10

0

-10


2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Turkey50

40

30

20

10

0

-10

-20

Turkey joined the survey in Q1 2011.


2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Sweden


50

40

30

20

10

0

-10


2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

South Africa50

40

30

20

10

0

-10


2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

South Africa joined the survey in Q4 2006.No bar indicates Net Employment Outlook of zero.

Spain


50

40

30

20

10

0

-10


2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

23


CLIENT: MANPOWER


SIZE: A4




Nearly 30,000 employers were surveyed from 10 countries throughout North, Central and South America to measure anticipated hiring activity for Quarter 4 2014. Hiring expectations are positive in each country, but are trending softer as Outlooks decline by varying margins from Quarter 3 2014 in six countries and improve in only three. The year-over-year comparison reveals similarly weak momentum with Outlooks declining in seven countries and improving in three.

Opportunities for job seekers are expected to be strongest in Colombia fuelled in large part by surges in employer confidence in both the Construction and Public Administration/Education industry sectors. The hiring pace is also expected to be active in the Services and the Finance, Insurance & Real Estate sectors. The weakest forecast for the Americas is reported by employers in Costa Rica where the hiring pace remains positive but sinks to its weakest level in five years.

Employer confidence in the U.S. continues to grow steadily and the Net Employment Outlook now stands at its most optimistic level since Quarter 2 2008. For the seventh consecutive quarter opportunities for job seekers are expected to be strongest in the Leisure & Hospitality sector. The improvement in hiring confidence is growing more broad-based as job prospects continue to expand in the majority of industry sectors in both quarter-over-quarter and year-over-year comparisons. Employer confidence in the Midwest, South and West regions is also the strongest in more than six years.

International Comparisons – AmericasJob prospects in Canada are expected to remain positive in all industry sectors and regions, although the country’s jobs forecast is weaker than at any point since Quarter 2 2010. Outlooks in Canada’s Construction sector and the Wholesale & Retail Trade sector have declined to their weakest levels in more than five years.

Unfortunately, declining employer hiring confidence is expected to continue handicapping job seekers in Brazil. Despite positive forecasts in each of Brazil’s industry sectors and regions, the country’s once robust pace of job creation continues to slow. Following 12 consecutive quarters of steady decline, Brazil’s Net Employment Outlook now sits at its least optimistic level since the survey was launched in Quarter 4 2009.

Conversely, a sharp improvement in Mexico’s Mining & Extraction sector forecast is expected to help keep the hiring pace steady in the months ahead. The overall Net Employment Outlook is also buoyed by upbeat forecasts in the Manufacturing, Services and Transportation & Communications sectors.

Demand for new employees in Argentina is expected to ease in comparison to three months ago and last year at this time. However, despite uncertainties associated with potential bond issues and the effect this may have on external borrowing and inflation concerns, hiring plans remain positive in each of the country’s industry sectors and regions.

Argentina50

40

30

20

10

0

-10

-20

Argentina joined the survey in Q1 2007.


2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Brazil50

40

30

20

10

0

-10

-20

Brazil joined the survey in Q4 2009.


2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014


24


CLIENT: MANPOWER


SIZE: A4





CLIENT: MANPOWER


SIZE: A4




Costa Rica50

40

30

20

10

0

-10

-20

Costa Rica joined the survey in Q3 2006.


2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Mexico50

40

30

20

10

0

-10

-20



2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

USA50

40

30

20

10

0

-10

-20



2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Guatemala50

40

30

20

10

0

-10

-20

Guatemala joined the survey in Q2 2008.


2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Panama50

40

30

20

10

0

-10

-20

Panama joined the survey in Q2 2010.

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014


Peru60

50

40

30

20

10

0

-10

Peru joined the survey in Q2 2006.


2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Canada50

40

30

20

10

0

-10


2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Colombia

Colombia joined the survey in Q4 2008.

50

40

30

20

10

0

-10


2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

25


CLIENT: MANPOWER


SIZE: A4




ManpowerGroup interviewed nearly 15,500 employers in eight countries and territories across the Asia Pacific region to measure hiring plans in Quarter 4 2014.

Opportunities for job seekers are expected to remain positive across the region, with the strongest hiring plans again reported by employers in India, Taiwan and New Zealand. Outlooks are stronger in three countries and territories in comparison to Quarter 3 2014, weaken in another three and are unchanged in two, but improve in six countries and territories when compared year-over-year.

For the third consecutive quarter, employers in India report the most optimistic forecast among all 42 countries and territories participating in the survey. Nearly half report that they plan to add to their workforces by the year’s end, and employers in all industry sectors and in all organisation-size categories forecast a vigorous fourth-quarter hiring pace. However, the talent supply is expected to remain extremely tight, and employers will be further challenged by a growing trend among Indian professionals to walk away from high-paying jobs to pursue entrepreneurial opportunities.

Taiwanese job seekers can look forward to a similarly robust hiring environment. Employers in the Finance, Insurance & Real Estate sector report the strongest Outlook since Taiwan’s survey started in Quarter 2 2005. Job prospects also climb considerably from year-ago levels in the Manufacturing and the Wholesale & Retail Trade sectors. Meanwhile, optimism among

International Comparisons – Asia PacificNew Zealand’s employers remains solid, boosted in part by the strongest Services sector Outlook to date and bright expectations in the Finance, Insurance & Real Estate sector.

Hiring confidence among employers in Japan continues to climb steadily. The country’s Outlook is now the strongest since Quarter 2 2008, and job seekers in the Mining & Construction sector are likely to benefit from the strongest forecast in the sector since the survey’s launch in 2003.

The forecast is not as bright in China where employers report the weakest hiring plans in over five years, as well as the weakest job prospects in the Asia Pacific region. Although Outlooks remain positive in all industry sectors and regions, most forecasts are weaker in both quarter-over-quarter and year-over-year comparisons. Hiring plans weaken in the Manufacturing and the Wholesale & Retail Trade sectors in comparison to both the prior quarter and last year at this time. And the country’s Finance, Insurance & Real Estate sector forecast has now declined for three consecutive quarters as employers may be responding to the country’s rapidly cooling property markets.

Job growth is expected to remain steady elsewhere in the region. Finance, Insurance & Real Estate sector employers in both Australia and Singapore are expecting the most fourth-quarter hiring activity, while an active labour market in the Services sector is expected to buoy the Hong Kong forecast.

Australia50

40

30

20

10

0

-10

-20



2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

China

China joined the survey in Q2 2005.

50

40

30

20

10

0

-10


2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014


26


CLIENT: MANPOWER


SIZE: A4





CLIENT: MANPOWER


SIZE: A4




Japan50

40

30

20

10

0

-10


2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Singapore


2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

-60-50-40-30-20-10

010203040506070

New Zealand50

40

30

20

10

0

-10

-20

New Zealand joined the survey in Q2 2004.No bar indicates Net Employment Outlook of zero.


2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Taiwan50

40

30

20

10

0

-10

-20

Taiwan joined the survey in Q2 2005.


2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Hong Kong50

40

30

20

10

0

-10

-20



2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

India50

40

30

20

10

0

-10

-20

India joined the survey in Q3 2005.


2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

27


CLIENT: MANPOWER


SIZE: A4




The Manpower Employment Outlook Survey is conducted quarterly to measure employers’ intentions to increase or decrease the number of employees in their workforces during the next quarter. ManpowerGroup’s comprehensive forecast of employer hiring plans has been running for more than 50 years and is one of the most trusted surveys of employment activity in the world. Various factors underpin the success of the Manpower Employment Outlook Survey:

Unique: It is unparalleled in its size, scope, longevity and area of focus.

Projective: The Manpower Employment Outlook Survey is the most extensive, forward-looking employment survey in the world, asking employers to forecast employment over the next quarter. In contrast, other surveys and studies focus on retrospective data to report on what occurred in the past.

Independent: The survey is conducted with a representative sample of employers from throughout the countries and territories in which it is conducted. The survey participants are not derived from ManpowerGroup’s customer base.

Robust: The survey is based on interviews with over 65,000 public and private employers across 42 countries and territories to measure anticipated employment trends each quarter. This sample allows for analysis to be performed across specific sectors and regions to provide more detailed information.

Focused: For more than five decades the survey has derived all of its information from a single question.

Survey QuestionFor the Quarter 4 2014 research, all employers participating in the survey worldwide are asked the same question, “How do you anticipate total employment at your location to change in the three months to the end of December 2014 as compared to the current quarter?”

MethodologyThe Manpower Employment Outlook Survey is conducted using a validated methodology, in accordance with the highest standards in market research. The research team for the 42 countries and territories where the survey is currently conducted includes ManpowerGroup’s internal research team and Infocorp Ltd. The survey has been structured to be representative of each national economy. The margin of error for all national, regional and global data is not greater than +/- 3.9%.

In the UK, the national survey includes 2,102 employers. With this number of interviews, the margin of error for the UK survey is +/- 2.1%.

Net Employment OutlookThroughout this report, we use the term “Net Employment Outlook.” This figure is derived by taking the percentage of employers anticipating an increase in hiring activity and subtracting from this the percentage of employers expecting to see a decrease in employment at their location in the next quarter. The result of this calculation is the Net Employment Outlook. Net Employment Outlooks for countries and territories that have accumulated at least 17 quarters of data are reported in a seasonally adjusted format unless otherwise stated.

Seasonal AdjustmentSeasonal adjustments have been applied to the data for Argentina, Australia, Austria, Belgium, Brazil, Canada, China, Colombia, Costa Rica, the Czech Republic, France, Germany, Greece, Guatemala, Hong Kong, Hungary, India, Ireland, Italy, Japan, Mexico, Netherlands, New Zealand, Norway, Panama, Peru, Poland, Romania, Singapore, South Africa, Spain, Sweden, Switzerland, Taiwan, the United Kingdom and the United States to provide additional insight into the survey data. These adjustments make it possible to review the data without the employment fluctuations that normally occur at the same time each year, thus providing a clearer picture of the data over time. ManpowerGroup intends to add seasonal adjustments to the data for other countries in the future, as more historical data is compiled. Note that in Quarter 2 2008, ManpowerGroup adopted the TRAMO-SEATS method of seasonal adjustment for data.

About the Survey


28


CLIENT: MANPOWER


SIZE: A4





CLIENT: MANPOWER


SIZE: A4




History of the Survey1962 First generation of the Manpower Employment Outlook

Survey launched in the United States and Canada.

1966 ManpowerGroup’s United Kingdom operation launches the equivalent of the United States survey, naming the report the Quarterly Survey of Employment Prospects. The survey adopts the same forward-looking research format as the United States survey and is the first of its kind in Europe.

1976 Second generation of the Manpower Employment Outlook Survey launched in the United States and Canada. Research methodology is updated to evolve with advancements in the field of market research.

2002 ManpowerGroup United Kingdom’s Quarterly Survey of Employment Prospects is updated to adopt an enhanced research methodology. ManpowerGroup’s operations in Mexico and Ireland launch the survey in their respective countries.

2003 Third generation of the Manpower Employment Outlook Survey is launched, expanding the programme to a total of 18 countries and territories worldwide: Australia, Austria, Belgium, Canada, France, Germany, Hong Kong, Ireland, Italy, Japan, Mexico, Netherlands, Norway, Singapore, Spain, Sweden, the United Kingdom and the United States.

2004 ManpowerGroup operations in New Zealand launch the Manpower Employment Outlook Survey.

2005 ManpowerGroup operations in China, India, Switzerland and Taiwan launch the Manpower Employment Outlook Survey.

2006 ManpowerGroup operations in Costa Rica and Peru join the survey programme. Surveys in Australia, Austria, Belgium, France, Germany, Hong Kong, Ireland, Italy, Japan, Mexico, Netherlands, Norway, Singapore, Spain and Sweden add seasonally adjusted data in the third quarter. ManpowerGroup operations in South Africa launch the Manpower Employment Outlook Survey.

2007 ManpowerGroup operations in Argentina launch the Manpower Employment Outlook Survey. The survey in New Zealand adds seasonally adjusted data in the first quarter.

2008 ManpowerGroup operations in Colombia, the Czech Republic, Greece, Guatemala, Poland and Romania join the survey programme. China and Taiwan add seasonally adjusted data in the second quarter. India and Switzerland add seasonally adjusted data in the third quarter.

2009 ManpowerGroup operations in Hungary and Brazil launch the Manpower Employment Outlook Survey.

2010 ManpowerGroup’s Panama operation launches the Manpower Employment Outlook Survey, expanding the programme total to 36 countries and territories worldwide. Peru adds seasonally adjusted data in the second quarter. Costa Rica adds seasonally adjusted data in the fourth quarter.

2011 Beginning in the first quarter, operations in Bulgaria, Slovenia and Turkey join the Manpower Employment Outlook Survey. Seasonally adjusted data is added in the first quarter for Argentina and South Africa. Israel and Slovakia launch the Manpower Employment Outlook Survey in the fourth quarter.

2012 Beginning in the second quarter, ManpowerGroup operations in the Czech Republic, Greece, Guatemala, Poland and Romania initiate reporting of seasonally adjusted data. ManpowerGroup operations in Finland join the survey in the fourth quarter. Seasonal variations are also removed from Colombian data for the first time.

2013 ManpowerGroup Hungary operation begins reporting seasonally adjusted data in the third quarter and the Brazil operation begins reporting seasonally adjusted data in the fourth quarter.

2014 Survey data for Panama is seasonally adjusted for the first time in the second quarter.

29


CLIENT: MANPOWER


SIZE: A4




Manpower is the global leader in contingent and permanent recruitment workforce solutions. It is part of ManpowerGroup, the world leader in innovative workforce solutions, which creates and delivers high-impact solutions that enable clients to achieve their business goals and enhance their competitiveness.

With a network of 300 offices in cities across the country, Manpower has provided organisations in the UK with a continuum of staffing solutions from the incidental to the strategic for 55 years, working with businesses such as BT, IBM, Royal Mail and Xerox to help them win.

In the Human Age, where talent has replaced access to capital as the key competitive differentiator, Manpower UK leverages its trusted brand to develop a deep talent pool, providing clients with access to the people they need, fast.

Manpower UK creates powerful connections between organisations and the talent they need to enhance their competitiveness and unleash their workforce potential. By creating these powerful connections, we help everybody achieve more than they imagined, and power the world of work.

For more information, see manpower.co.uk

About Manpower UKManpowerGroup™ (NYSE: MAN) has been the world’s workforce expert, creating innovative workforce solutions, for more than 65 years. As workforce experts, we connect more than 600,000 men and women to meaningful work across a wide range of skills and industries every day. Through our ManpowerGroup family of brands – Manpower®, Experis™, Right Management® and ManpowerGroup™ Solutions – we help more than 400,000 clients in 80 countries and territories address their critical talent needs, providing comprehensive solutions to resource, manage and develop talent. In 2014, ManpowerGroup was named one of the World’s Most Ethical Companies for the fourth consecutive year and one of Fortune’s Most Admired Companies, confirming our position as the most trusted and admired brand in the industry. See how ManpowerGroup makes powering the world of work humanly possible: manpowergroup.co.uk.

About ManpowerGroupTM

Q4 2014 - Manpower UK · m emm o s uk smart job no: 07590 quarter 4 2014 client: manpower subject:...

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