Comparison Tool

Comparison Tool

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Overall score

Score by Indicator

3.3
in 2016 3.4
0 2.5 5 7.5 10

Key drivers

Labour market participation

Employers should benefit from Belgium’s growing labour force. The largest rise I participation rates was among older workers.

Talent mismatch

The falling score indicates skills mismatched has improved in Belgium, meaning that employers and employees are being more quickly matched in the labour market; however, skills shortages are still being experienced in highly-skilled niche areas.

Wage pressure in high-skill occupations

The differences in wages between high- and lower-skill occupations has increased, although it remains relatively low compared to the past.

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COUNTRY OVERVIEW

View from the ground

Robby Vanuxem, Managing Director, Hays Belgium

2016 saw an increase of 59,000 jobs, of which over 44,000 were in the private sector. This means growth in jobs (1.4 per cent) was stronger than GDP growth (1.2 per cent) for the year. It’s predicted that between 2017 and 2019 another 115,000 jobs will be created, with most of them in the industries and services sectors. Clear growth is expected in the scientific, and logistics supply chain sectors: this is good news for Belgium, however, it means companies are finding it increasingly hard to find skilled professionals. Furthermore, Belgium is facing some challenges in the long-term: an ageing population, the advancement of technology, and the current global geopolitical environment. Belgium needs reforms to its labour market, the education system, mobility and the economic system.

Robby Vanuxem, Managing Director, Hays Belgium

Country Profile

Belgium’s labour market continues to exhibit a significant amount of slack, suggesting that many employers who want to expand and hire new people will not have great difficulty doing so in less high-skill niche areas.

Productivity growth, particularly in services, has been low in Belgium compared to its neighbours. Low productivity growth acts to dampen Belgium businesses’ international competitiveness and reduces their demand for labour as a result.

Key skills in demand

  • Engineers (industrial and civil)
  • Technicians R&D/sciences
  • Accountants
  • IT developers/analysts
  • Multilingual sales support

News and Press Materials

Robby Vanuxem, Managing Director, Hays Belgium