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Old 14.11.2015, 22:49
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Job market competition

Hello!

One of the reasons I like LinkedIn's jobs section is that one is able to see the number of applications for any given job.

It struck me recently that applicant numbers in Switzerland on average seem to be about 2-3 times higher than for comparable vacancies in the UK which leads me to wonder why this is the case.

I am just not sure about the economics: If job market competition is really that intense in Switzerland, why are salaries still higher than in most of Europe? Surely in an efficient market salaries should decrease given that supply seems to outstretch demand?
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Old 14.11.2015, 23:06
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Re: Job market competition

On Linkedin you see not the whole number of applications, but only whose, who applied on linkedin. In reality the competition is much bigger )))
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Old 14.11.2015, 23:20
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Re: Job market competition

Last time I advertised a position there were over 100 applications of which half were from people outside Switzerland and not remotely qualified for the role. Mind you most of the Swiss applicants weren't either.
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Old 14.11.2015, 23:39
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Re: Job market competition

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Last time I advertised a position there were over 100 applications of which half were from people outside Switzerland and not remotely qualified for the role. Mind you most of the Swiss applicants weren't either.
Same here. Last time I posted a job on linkedin did I receive a three digit number of applications from India who did not fit the bill at all, but apparently applied on anything that showed up under "IT" in countries they'd like to live in. F-ing time wasters and a clear indication that the linkedin numbers are not a very good reference number on how competitive a job market is...
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Old 14.11.2015, 23:52
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Re: Job market competition

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It struck me recently that applicant numbers in Switzerland on average seem to be about 2-3 times higher than for comparable vacancies in the UK which leads me to wonder why this is the case.
Hmm let me see... why are job applications so much higher in a country that gets regularly voted as having the highest quality of life in the world, and also has a tightly controlled economy and immigration policy?

You just failed the first interview question.
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Old 15.11.2015, 00:06
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Re: Job market competition

From a job applicant point of view, my CV gets mixed in with 100s of sub standard ones. Unlikely its the hiring manager who reads these, usually HR and sometimes even reception staff, but when there are so many applications its easy to let the best one slip through.
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Old 15.11.2015, 09:49
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Re: Job market competition

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why are salaries still higher than in most of Europe? Surely in an efficient market salaries should decrease given that supply seems to outstretch demand?
Salaries are indeed starting to fall in certain industries.

And bonuses have fallen as well. That trend began years ago. Bear in mind that (at least in some industries) some companies capped salaries at a relatively low figure, so beyond a certain level the bonus made up a significant portion of compensation.

Anyone looking for salary info should not rely on figures quoted from more than a year or two ago.

Reduced compensation is the elephant in the room. No one wants to talk about it for fear that their own job might be next.
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Old 15.11.2015, 10:07
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Re: Job market competition

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...numbers in Switzerland on average seem to be about 2-3 times higher than for comparable vacancies in the UK which leads me to wonder why this is the case.
Cost of living perhaps? Quality of life perhaps? Coupled with the silly decision to allow free exchange of workers? Just guessing.
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Old 15.11.2015, 10:11
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Re: Job market competition

Higher application rate in CH can also be explained by many unemployed professionals being on RAV who need to demonstrate on monthly basis their intention to find a job.
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Old 15.11.2015, 10:12
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Re: Job market competition

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Higher application rate in CH can also be explained by many unemployed professionals being on RAV who need to demonstrate on monthly basis their intention to find a job.
Indeed, and that also just highlights the competitiveness of the market here.
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Old 15.11.2015, 23:58
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Re: Job market competition

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Higher application rate in CH can also be explained by many unemployed professionals being on RAV who need to demonstrate on monthly basis their intention to find a job.
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Indeed, and that also just highlights the competitiveness of the market here.
The unemployment rate is currently pretty low. Why would there be that many more professionals on the RAV than in other countries?
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Old 16.11.2015, 00:07
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Re: Job market competition

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The unemployment rate is currently pretty low. Why would there be that many more professionals on the RAV than in other countries?
No one said there were more than other countries, or that unemployment is 'high', but there is still a lot of competition for the comparatively few good jobs available.
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Old 16.11.2015, 01:01
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Re: Job market competition

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No one said there were more than other countries
The OPs point in the first post was
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It struck me recently that applicant numbers in Switzerland on average seem to be about 2-3 times higher than for comparable vacancies in the UK which leads me to wonder why this is the case.
If I get the argument "maybe it's all the people at the RAV" does this only make sense if there are less unemployed in the UK. And I do not think that's the case.
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Old 16.11.2015, 08:06
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Re: Job market competition

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a tightly controlled economy and immigration policy
What tightly controlled immigration policy? Did I miss something?

Open borders, including increased number of unmanned, unchecked border points.
Bilateral agreements.
Free and unrestricted movement of people.
Unlimited number of immigrants into Switzerland now permitted from almost all EU/EFTA countries.
Growing number of illegal immigrants.

How is any of that 'tightly controlled'?
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Old 16.11.2015, 08:39
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Re: Job market competition

You get the same spam on Facebook from HSBC as I do! I think in the same day they posted that Switzerland is the best place to live, Switzeland is the worst place to be an expat, and by the evening Singapore was the top place to live.

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a country that gets regularly voted as having the highest quality of life in the world,
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Old 16.11.2015, 09:04
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Re: Job market competition

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You get the same spam on Facebook from HSBC as I do! I think in the same day they posted that Switzerland is the best place to live, Switzeland is the worst place to be an expat, and by the evening Singapore was the top place to live.
Erm. Ok.

Last edited by Richdog; 16.11.2015 at 10:04.
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Old 16.11.2015, 09:10
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Re: Job market competition

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The OPs point in the first post was


If I get the argument "maybe it's all the people at the RAV" does this only make sense if there are less unemployed in the UK. And I do not think that's the case.
The Opwas just asking a general question, not making assumptions about unemployment.

Their post just didn't take into account various factors that sometimes lead to high application rates, one of which someone suggested is also contributed to people on RAV having to quick fire applications out for jobs to meet their monthly quotas.
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Old 16.11.2015, 09:13
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Re: Job market competition

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What tightly controlled immigration policy? Did I miss something?

Open borders, including increased number of unmanned, unchecked border points.
Bilateral agreements.
Free and unrestricted movement of people.
Unlimited number of immigrants into Switzerland now permitted from almost all EU/EFTA countries.
Growing number of illegal immigrants.

How is any of that 'tightly controlled'?
Ask the people with a non-EU passport.
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Old 16.11.2015, 12:05
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Re: Job market competition

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What tightly controlled immigration policy? Did I miss something?

Open borders, including increased number of unmanned, unchecked border points.
Bilateral agreements.
Free and unrestricted movement of people.
Unlimited number of immigrants into Switzerland now permitted from almost all EU/EFTA countries.
Growing number of illegal immigrants.

How is any of that 'tightly controlled'?
work/residence permits. eu-10 doesn't have it easy (quotas still in place if I recall). most point mentioned have nothing to do with job market. very few people come live here just because they can cross border, if they don't have the jobs. those who do don't dwell on EF that much
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Old 16.11.2015, 14:10
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Re: Job market competition

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work/residence permits. eu-10 doesn't have it easy (quotas still in place if I recall). most point mentioned have nothing to do with job market. very few people come live here just because they can cross border, if they don't have the jobs. those who do don't dwell on EF that much
Nope, the only countries with quota limits are Romania and Bulgaria. Citizens from the rest of the EU can come and go as they please.
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