Talent Neuron City Spotlight Porto (Executive Summary)

July 2013

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Topics Covered in the report

Porto Snapshot

Porto Installed Talent Pool Porto Fresh Talent Pool (Available in Full Report)

Porto University (Available in Full Report)

Porto Ecosystem (Available in Full Report)

Porto - Snapshot Porto is a major urban city of Portugal

Istanbul Overview City Population Unemployment Rate (IT) Attrition Rate Working Days in a year Political Risk Rating EU Membership Status 1,817,172 14.9% 25.0% 230 days (2300 hours per annum) Score 35 Full membership (EU + Schengen)

Porto is the second largest economic center for Portugal Companies like Altri, Ambar, Amorim, Bial, Cerealis, BPI, CIN, EFACEC, Frulact, Lactogal, Millennium bcp, Porto Editora, Grupo RAR, Sonae, Sonae Indstria, and Unicer, are headquartered in the region As per employment law, maximum working hours per day is 8 hours. 25% as overtime payment. 9 Public Holidays and 22 Paid vacations for employees

Source : Zinnov research and Analysis, Statistic Institute Turkey, Investment agencies, News articles; Economist Intelligence Unit 2013

Zinnov

Porto Porto has an installed talent based of 2,800 professionals

Installed Talent Pool Porto

2,800

Total Compensation Break up per month

Euro - 1,077 Euro - 1,628 9% 18% 74%

1,550

13% 17% 400

Technical Support

400
Total Installed Talent Sofware

300
Hardware IT Services

150
BPO

70%

Fresher
Food Social Contribution

Experienced
Gross Salary

Note: Fresher corresponds to experience of 0 years; Experienced corresponds to an experience of 3 years Note: Includes food cost of Euro 6.5 per day per employee which multiplied by 22 working days gives a total of Euro 143 per month per employee

Talent
A number of the 2nd Cycle (Master) subjects are taught in English. International students are able to have orientation in English Faculty of Engineering at University of Porto offers Master in Information Engineering (MEINF) and it is taught completely in English. Annual salary increase is 1%

Social Security Contribution

Social Security Contribution 23.7%

English/ German Language

Annual Salary Increase

Source : Talent Neuron, Country Statistics site, Industry Associations, University Websites, Industry Reports, Interview with Stakeholders and Job Portals Zinnov

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