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Pension reform has not saved the labor market

The recent pension reform has failed to change the situation on the Russian labor market plagued by a significant shortage of personnel, Hays recruitment company said in a report.

A critical shortage of personnel is observed in medicine, construction and IT. The pension reform that raised the retirement age has not helped – employers are not at all keen to hire people older than 50, Kommersant reports.

Most companies expect staffing difficulties next year – 78% of survey participants said so adding that there are too few professionals with the required qualifications available in the market. Company representatives also cite a growing competition for experienced staff and job candidates’ high salary expectations. Retailers of consumer electronics, as well as companies working in finance and oil production apparently have fewer problems with finding employees.

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