[Opinion] The law of supply and demand in hiring professionals in Angola

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recruitment

Dear friends,

Allow me to speak briefly about a topic that I have debated with some people over the last few days, this issue was raised by the occurrence of the recruitment forum that happened last weekend in Luanda promoted by #EliteCareers.

An important fact that does not seem to be a secret to anyone is that we are already producing in Angola a substantial number of cadres with a higher degree, which triggers with some visibility the analysis of the law of supply and demand. Although it is a nomenclature used in the context of economies, I dare to make an analogy here with the professional hiring process which tends to obey the same principle.

In my analysis, the demand represents the job availability in the Angolan market and offer represents the availability of professionals. The above law provides that where offer (professionals) exceeds demand (vacancies) the value of the product tends to fall, that is, if we have more professionals than employment opportunities for a particular sector, the remuneration of this professional is uncompetitive, because employers can at any time replace it with some ease, given the offer that exists outside the door.

It should be noted that in the case of Angola there is a phenomenon that I will call here deficit of good preparation which is supported by some higher education institutions that have as main objective the massive production of professionals agourando the financial satisfaction of the institution. The reports show us that the numbers of professionals that enter the labor market from these institutions are growing, which the institutions do not realize is that our market is becoming more demanding, as the industrial and economic growth of the our country brings with them a step higher up these demands, companies do not give priority to hiring people who have completed higher education, times are different, nowadays most of what is in Angola are people with higher education, but the which the market seeks are candidates with a differential in their professional profile, who stand out among the hundreds of applications between national residents and non-residents.

On the other hand, the same law provides that, where demand (vacancies) exceeds offer (professionals), There is one valorization of the product. Bringing to the context of employability, in my opinion, this is today for Angola one of the main reasons for the importation of know-how, the opportunities are here, but there is a list of requirements to be met, and apparently the national staff have had difficulty meeting these requirements, I do not refer here as a requirement, the X years of professional experience, as we have seen, but rather of knowledge and some practical domain of matter. In my opinion this is also one of the reasons for expatriate salary inflation, I understand that in some cases this inflation is unfair, but it is not the theme of this forum, what we want to develop here is the need to be able to produce theoretical and practical knowledge, of being placed in the balance of the balance of international cadres, but for our own benefit. The IT sector is an example, the search for professionals with technical certifications (Microsoft, Orable, VmWare, etc.), opens new doors beyond the geography of our country and these soon become competitors in the international market.

To conclude, it is clear that we still have a long way to go, improvements are significant in the various sectors of the national context, but I continue to argue that the quality of our professionals will determine the speed and strategy to stand as a competitive nation and strategic. The EliteCarrers initiative is undoubtedly promising, establishing the link of demand and supply, through the application of a qualitative filter in the offer (professionals) in order to promote the balance of the discipline and minimize the negative impacts that at the end of the day end up affecting the employer and the candidate. Think about it…

Wanderley Ribeiro

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