To read the entire PDF, click here: Most significant management changes, 2018 overview
Hiring trends 2018 by Anderson Willinger, executive search experts
In 2018 we could observe the overall increase in the number of senior management changes.
There were 551 changes in total compared to 291 changes in 2017.
Trends in TOP Management Remuneration
In 2018, there was a 13,8% increase in top management base salary while accepting a new job. The trend on senior management positions is to increase bonuses and salary package while keeping the base salary on the same level. Fixed salaries remain on the same level due to the increase in internal promotions which usually do not involve significant increase in fixed salaries. Moreover, managers leave to medium-sized or small companies which prefer offering appealing bonus schemes to increasing fixed salaries.
Companies increased fixed salaries in cases when a new senior management position was defined. This resulted in higher requirements on a new manager – responsibilities, rebuilding or launching new services or products. Even though the companies were willing to pay more than before, they were mostly hiring experienced managers with similar pay in the previous company.
On average, increase in salaries in the Czech Republic is 3,7% higher compared to Western Europe. Even higher increase can be observed farther east in Africa or Latin America.
2019 will be the year of working on personal change and real potential according to Anderson Willinger, executive search experts
Despite the boom in start-up projects with the entire volume estimated at more than $ 70 billion, new segments do not offer as many new managerial positions as expected. Established sectors save costs, prefer internal promotions and decrease the number of senior management roles.
It was expected that the new technology would save costs and increase productivity which has not happened yet. Productivity of work has been decreasing since 2007. The solution for some companies means implementing agility management. This management requires change of people’s attitude and working on your self-development, otherwise it results in focusing on your problems too much. This gives opportunities to smaller and more flexible players who focus entirely on customers.
There is a dramatic demand for positions which are hard to fill. The reasons for this are higher requirements for new skills, flexibility and potential of a manager. The pressure on self-development is huge. On the other hand, personal efforts of managers to invest in themselves and grow is not sufficient.
Companies are resistant to hire freelancers. However, the number of studies show that these people are a good source of flexibility, potential and self-development.
Anderson Willinger, executive search, brings you a summary of the most significant management changes in different industries:
The most significant management changes – Financial services
Allianz, Dušan Quis, CEO
Amundi, Franc du Plessix, CEO
Arval CZ, Arnault Leglaye, Managing Director
Česká exportní banka, Jaroslav Výborný, CEO
Českomoravská Stavební spořitelna, Tomáš Kořínek, CEO
ČSOB Leasing, Pavel Prokop, CEO
ČSOB Pojišťovna, Jiří Střelický, CEO
Home Credit International, Ondřej Frydrych, CEO
Komerční banka, David Formánek, Head of Top Corporate and Investment Banking
Komerční banka, Miroslav Hiršl, Head of Corporate and Retail Banking
Komerční pojišťovna, Gael Loaec, CEO
Kooperativa, Tomáš Vaníček, Member of the Board
Kooperativa, Jaroslav Kulhánek, Member of the Board
LeasePlan, Martin Brix, General Manager
NN, Maurick Schellekens, CEO
Provident Financial, David Parkinson, CEO
Sberbank, Edin Karabeg, CEO
Wüstenrot, Michal Pupala, CEO
The most significant management changes – IT/Telco 2018
Microsoft, Rudolf Urbánek, CEO CZ/SK
O2, Jindřich Fremuth, CEO
O2, Richard Siebenstich, CCO
T- mobile, José Perdorno Lorenzo, CEO CZ/SK
Vodafone, Petr Dvořák, CEO
The most significant management changes- Manufacturing 2018
Škoda JS, Vladimír Prokop, General Manager
Škoda Transportation, Petr Brzezina, CEO
Škoda Vagonka, Martin Bednarz, CEO
The most important management changes – Other Industries 2018
Advanced World Transport, David Kostelník, CEO
C.S. CARGO, Petr Volák, CEO
C.S. CARGO Holding, Aleš Willert, CEO
Česká pošta, Roman Knap, CEO
ČEZ Prodej, Tomáš Kadlec, CEO
Dáme jídlo, Filip Fingl, CEO
IKEA, Mounia El Hilali, General Manager CEE
Invia, Michal Tůma, CEO CEE
Penny Market, Jens Krieger, CEO
Publicis One, Tomáš Varga, Central Europe Director
SAP, Hana Součková, Managing Director
Slevomat, Ladislav Veselý, COO
Unipetrol, Krysztof Zdziarski, Chairman of the Board