Business Plans of Companies in Russia

• #HR
• #Labor market

In April 2022, we conducted a survey and found out how companies are coping with emerging challenges and how things are going with HR management and hiring. Representatives of 368 organizations from various sectors of the economy took part in the study.

• Most companies (89%) continue to operate in Russia. 8% are changing their legal status and plan to continue the business. Only 3% of respondents completely suspended their operations in the Russian Federation.
• Half of the survey participants (50%) assess the current situation more as a threat. A quarter of respondents (23%) showed a positive attitude towards the situation, seeing it as an opportunity for business development. The rest (27%) find it difficult to make an unambiguous assessment.
• Most of the companies "froze" the search and selection of personnel (52%). Only replacements are made in 22% of companies, the previous plans to attract new employees retain 20%. 3% find it difficult to answer, and only 2% increase hiring.
• An interesting trend - more than 1/5 of employers (21%) plan to attract temporary staff to solve current problems.

Learn more about the results of the study in the report.