HHR Investor Presentation Deck
Fundamental Drivers of Online Recruitment Growth in Russia
Active and Intensifying Market for Human Capital
Employee Turnover² in Russia
Wages Grow Despite Economic Turbulance
0.2%
5.8%
2016
0.8%
28.7%
Russia
15.5%
1.8%
Real GDP Growth (y-o-y)
19.2%
2.9%
Spain
2017
4.5%
17.0%
UK
米
2.8%
Russia's Relatively Low Unemployment Rate Combined with High Employee
Turnover
Employee Turnover², %
6.9%
2018
8.0%
16.0%
2.0%
France
Real Wage Growth (y-o-y)
4.2%
4.8%
2019
14.7%
Germany
3.2%
11.9%
(3.0)%
Poland
2.5%
2020 Unemployment Rate, %
2020
9.3%
12.1%
Italy
26.9%
2016
72.4
27.1%
2016
2017
28.5%
2018
28.8%
-2.0 MM
2019
Gradually Declining Employed Population Intensifies Competition for Human
Capital
Employed Population in Russia, MM
28.7%
2020
70.2
2020
Source: Federal State Statistics Service, Eurostat, OECD, J'Son
Note: certain historical data for Russia have been updated due to revision of historical estimates by the Federal State Statistics Service.
1)
For Russia, calculated as job positions filled in per annum as % of employed population based on Rosstat data. For other countries, calculated as share of people in current job for 12 months or less, as % of total employment,
based on Eurostat.
hh
2) Employee turnover denotes share of employed population changing jobs within a year and is calculated as number of job positions filled in per annum divided by total employed population. Employee turnover data for Spain, 32
UK, France, Germany, Poland and Italy is presented for 2019 year, given absence of 2020 disclosure; for Russia 2020 figures are shown.View entire presentation