Cross-border workHigher salaries no longer sufficient to entice workers to Luxembourg

Romain Van Dyck
The days where higher wages were enough to tempt foreign workers are no more: Luxembourgish companies are now having to innovate recruitment methods, reveals a France3 report.
© Domaine public

Despite a labour market close to full employment that betrays a level of "insolent economic health", it seems Luxembourg still has an issue when it comes to employment. Allegedly, the Grand Duchy "is struggling to recruit", according to France 3 Grand Est at the Unicareers fair held this weekend in Luxembourg.

It is exactly this unbridled growth that forces recruitment outside of Luxembourgish borders in all sectors, the report highlighted, taking the ING bank as an example.

The bank has just recruited 150 people: according to an HR manager, the time when Luxembourg was recruiting in the Greater Region alone is over. "Luxembourg is a very international environment, and when you want to target certain types of clientele, you have to look beyond the Greater Region", he said.

HIGH SALARIES SIMPLY NO LONGER ENOUGH

Gone are the days when companies were only bidding to seduce candidates with an enticing salary: recruiters are needing to step up their game. A commercial consultant at Moovijob explained that perks such as remote working, flexible working hours and work atmosphere were becoming increasingly important selling points, features that provide a positive professional environment and provided further career opportunities.

Journalists also sounded out CFL, a company that is "in full development, constantly looking for controllers, engineers, computer scientists."

CFL's HR director explained that, to attract young talent, they are implementing a marketing plan that begins with an employer value proposition highlighting the company's strengths. CFL have also been hiring an average of 450 employees per year over the last two years, and according to HR, this is a pace they are promising to maintain in the years to come.

For those interested in the differences in how French, German and Belgian employees are treated, read our article on the latest Statec study.

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