In 2012, banks are still recruiting, and provide 13,000 vacancies in CDI.

So I know, you can still do the daily Les Echos and note that the banks will reduce their hiring by 25% because they were more than 17,000 last year, but in these times of crisis, I think it’s still good news. Remember that, since last summer, the situation has deteriorated sharply, partly because of a resurgence of the debt crisis in Europe. As you can imagine, the French banks, like the rest of their European counterparts, were not spared.

Moreover, with the various events that will dot the first half, banks are likely to experience a difficult start, with no realistic visibility medium and long term. It is partly for this reason that employment prospects are lower than in 2011. Symbolic example of this decline, last year, the two largest recruiters in the sector have been with the group BPCE 5000 hiring and 4500 with Credit Agricole. This year, these two groups should keep their heads, but with prospects of lower recruitment, speaking of 4000 for the group BPCE and 3500 for the Credit Agricole Group.

hiring-intentions

In reading these figures, I guess many of you will start to panic. This is probably normal, but for you “reassure”, I suggest you compare with what happens in the One of our neighbors, randomly the UK. Even if in our banks hire fewer than last year, the side of the City, banks multiply the “trains” of dismissal. If retail banking is only slightly affected by the crisis, the Bank Corporate and Investment should suffer the brunt of the “financial storm this summer.”

Note, however, it is not, in most cases, plans layoffs, but above all reclassifications and voluntary redundancy. You may say without doubt that technically, it’s still jobs that are disappearing, but the difference is still significant. By cons, not dreaming, recruitment in BFI will be limited or nonexistent, at least during the first half. In conclusion, I think I can not stress enough, banks are still recruiting despite the crisis. However, we must not forget that market activities and thus the BFI, were greatly affected by the crisis. Consequently, the vast majority of recruits expected in 2012, will be in retail banking.