Confidence rises among Turkish companies

Published 20.10.2010 14:45

As of next year a quarter of Turkish companies and one-third of companies around the world will employ more people.

The third edition of the Regus Business Tracker points to rising confidence amongst the global business community as the Optimism Index rises four points. In a further positive indicator, respondents to the six-month business tracker survey are looking to increase head counts and attract new staff to accelerate growth -- 45 percent of companies globally expect to add staff to their payroll in 2011, compared with 9 percent expecting to cut staffing levels, resulting in a net positive employment result of 36 percent for 2011. The report shows that confidence in Turkey is also rising amongst respondents -- 22 percent of Turkish companies have plans to add new personnel to their payroll as of 2011.

More than 10,000 executives from 78 countries were surveyed about their expectations for global economic recovery, current performance of their companies, profitability, expected income and national economic recovery. These indicators are the basis for the Optimism Index. Moreover, there are more optimistic countries in the recent edition of the Regus Business Tracker, compared to the previous edition six months ago. In terms of Turkey, the survey shows that the country index is just four points lower than the global optimism index, which is 98 points.

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