Polish companies plan to increase employment this year

More than half of Polish managers believe that the economy will rebound in the next 12 months and thus plan to maintain or increase employment in their companies.

According to a poll conducted by consulting firm PwC, 43 percent of companies plan to raise employment and 47 percent want to keep employment at the present level. Only 10 percent plan job cuts.

The results of the survey show that unemployment levels in 43 percent of enterprises remained unchanged over the past 12 months. Employment grew in 22 percent and fell in 33 percent of the polled companies.

Among major business risks, 90 percent of Polish managers continued to mention uncertainty as regards tax regulations, 88 percent pointed at uncertain economic growth. A further 86 percent spoke of the pandemic, market over-regulation and an increase in tax burdens.

The survey was conducted by PwC in January and February among 5,050 CEOs in 100 countries, including 49 CEOs from Poland.