Horizons® Bulgaria · HR Consulting Since 2003

HR Market Research

Researching the HR market is the first stage of every big project. Having realistic expectations about human resources will facilitate the business in taking the right decisions.

Research Phases

How HR market research works

1

Identification of professionals, roles, and profiles — detailed descriptions

2

General research of number of people appropriate for the identified roles

3

Analysis of the general profile of people and variations

4

Talent pool size and quality assumptions

5

Salary size and growth expectations over time

6

Case studies and particular experience sharing (if applicable)

7

Market observations and visual data representation

8

Analysis of official statistics data

9

Competitive analysis according to specific HR field

10

Recommendations

Research Areas

What we research and analyse

Profiles & detailed descriptions

We collect basic data on the positions in research focus and prepare detailed job descriptions according to local market requirements, experience, and qualification expectations.

Appropriate candidates

Having the right business data helps us recommend the most appropriate local talents — evaluating seniority levels, experience, and knowledge for your specific business needs.

Profiles & variations

Our HR experts consult you about the appropriate skills and qualifications of targeted candidates, including important local and global quality requirements.

Talent pool

The number of people appropriate for researched positions is outlined through representative limits — a good starting point for any recruitment activities.

Salary levels

Average payment limits for researched specialists — minimum and maximum salary ranges, role-specific limits based on responsibilities, required skills, and experience levels.

Statistics data

The Bulgarian Statistics Institute maintains data on labor market, employment and labor cost, employees under labor contracts, and average annual wages — by statistical regions and districts.

Competitive analysis

An important part of overall research — giving a frame of realistic HR expectations for the local market and outlining comparisons and assumptions regarding future business goals.

Services

What HR market research services we offer

Labor market analysis

Studying current employment trends — unemployment rates, supply and demand for specific professions and industries. Assessing the competition for talent in various sectors.

Salary and benefits surveys

Collecting data on salaries across different industries and positions. Analyzing offered benefits and their impact on attracting and retaining employees.

Employee behavior and preferences

Investigating factors influencing employee satisfaction and engagement. Evaluating preferences regarding work environment, flexible working hours, and career development.

Technological trends in HR

Researching new technologies and software solutions for human resource management. Analyzing the impact of digitalization on HR practices.

Regulatory changes and impact

Monitoring changes in labor legislation and regulations. Assessing the impact of these changes on organizational HR policies and practices.

Competitive intelligence

HR market research is a key tool for strategic HR management — providing valuable insights that support developing effective strategies for attracting, retaining, and developing talent.

Topics

Useful resources

Ready to start?

Request an HR market research

Tell us about your hiring needs and we’ll provide realistic market expectations.