Aytac Irfan of TopLanguageJobs commented: “The Netherlands is facing a unique issue where clients are uncertain about making large business decisions due to the fallback that may occur as a result. This is slowing the economy in not only Netherlands but in Europe .”
Clients are hesitating to buy and as a result the economy is growing, but a lot more slowly than it should. Companies such as Randstad Holding NV whose business is dependant on a high up turn, as are a lot of other companies, says that its growth is being held back and expects ‘Single-digit growth in staffing sales.’
In other industries KPN reported results down across Dutch activities in a number of areas in the second quarter. With their revenues falling by 3.7% with an underlying drop of 2.2 percent, some companies can only be so lucky.
In Rotterdam it’s a different story, companies are more focused on ‘Satisfied employees = better work’ and how conditions could act as the catalyst to get people back into work who may have become complacent over the months and years.
“Down time,” says Bakker, “is not only a mark of sympathetic management. It helps renew workers, keeping them happy, productive and engaged,” which in turn results in a virtuous cycle of work engagement, job satisfaction and higher productivity.
We can only hope that the Netherlands and the organizations lose their hesitancy and spark a revival that crosses borders into neighboring larger economies to get Europe going again.