-
Saturday, June 6, 2020
Home Resources Consumer durables, FMCG & retail sectors push talent demand for festive hiring:...

Consumer durables, FMCG & retail sectors push talent demand for festive hiring: TimesJobs RecruiteX September 2019

With the beginning of the festive season, consumer-driven sectors such as consumer durables/FMCG (5%) and retail (12%) reported growth in talent demand in September 2019, says TimesJobs RecruiteX. Healthcare/Pharmaceuticals industry recorded the highest growth in talent demand (21%) in September. TimesJobs RecruiteX is a monthly recruitment index that records the demand and supply of talent at India Inc. 

In Y-o-Y analysis, both the industries posted double-digit growth in talent demand. In Sep’18 Vs Sep’19 comparison, consumer durables/FMCG and retail posted 28% and 29% growth, respectively. 

The report revealed that tier-II cities such as Lucknow and Chandigarh recorded the highest growth in talent demand in September 2019 edition. A similar trend was observed on September 2018. 

According to the RecruiteX report, the overall hiring activity remained flat across high-volume industries such as IT/Telecom, BFSI, Automobiles and BPO for September 2019.  

Commenting on the report, Sanjay Goyal, Business Head, TimesJobs & TechGig said, “Hiring activity has been flat to negative in major sectors such as IT/Telecom, BFSI, BPO/ITeS, Automobiles due to the economic slowdown. Retail and Consumer durables/FMCG has pushed the talent demand owing to festive hiring and registered double-digit growth in Y-o-Y analysis, too. We can hope to see revival in hiring in high-volume sectors in the coming months.” 

Here are more key findings from RecruiteX September 2019 edition:

Healthcare records highest in talent demand

With high volume sectors like IT/ITeS witnessing flat to negative hiring activity, service-intensive sectors like Healthcare, Retail, Consumer Durables/FMCG and Travel & Hospitality continues to hire in September 2019. Top three sectors to witness M-o-M growth in talent demand were: 

  • Healthcare/ Biotechnology/ Pharmaceuticals – 21%
  • Retail – 12%
  • Travel & Hospitality – 7%

Service sector profiles most sought after 

Among functional areas, legal/law professionals recorded maximum growth in talent demand for September 2019. The demand for Doctors/medical professionals saw an uptick as the overall hiring trend in Healthcare sector was up. 

  • Legal/Law-30%
  • Doctors/Nurses/Medical Professional – 29%
  • BioTechnology/ Pharmaceutical/ R&D – 28%

Tier-II cities take the lead in talent demand 

Chandigarh, which was among top hiring cities in August 2019, found a spot on September 2019’s tally too. Except for Delhi-NCR, only Bengaluru saw some spurt in hiring activity, rest all other metro cities were stagnant on hiring terms. 

  • Lucknow – 20%
  • Delhi – 12%
  • Chandigarh – 13%

Junior level profiles most wanted 

September 2019 saw most demand for people in the experience range of 2-5 years. Whereas hiring for Senior Management roles (10-15 years) and leadership roles (20+ Years.) reported decline, 4% and 3%, respectively Other work experience in demand were: 

  • <2 years – 1%
  • 2-5 years – 2%
  • 5-10 years – 1%

About RecruiteX

RecruiteX is the recruitment index for India. It is an analysis identifying the hiring activity and trends in India Inc. Based on tactful extraction and examination of jobs posted and applied for in a month at TimesJobs, it details ‘recruitment’ as a process backed by hiring sentiments of a recruiter and aspirations of the job seekers alike.

Stay Connected

5,690FansLike
4,224FollowersFollow
1,288FollowersFollow
3,989FollowersFollow
1,267FollowersFollow
6,453SubscribersSubscribe

Must Read

Carl Icahn Biography: Success Story of Icahn Enterprises Founder

In this success post, we are going to share the story of Carl Icahn, an American businessman, investor, and activist shareholder who...

Vikram Solar Top Performer Again In PVEL Product Qualification Program List

Mumbai, June 2nd, 2020: Vikram Solar, one of India’s leading module manufacturers and a prominent EPC & rooftop solar solutions provider has again achieved the mantle of ‘Top Performer’ garnering a high score in PQP (Product Qualification Program) tests assessed by PVEL LLC, which is an independent solar test lab previously operated by DNV GL. The company has claimed this coveted position within the Product Qualification Program List 3 times in the last 4 years and for the second consecutive year. Selection of Top Performers involves rigorous testing processes and Top Performers have less than 2% module degradation following...

Tranter IT outlines steps to maximize online classes for children

The spread of the COVID-19 pandemic and the adverse negative effect it has had on the lives of many around the world,...

Shiv Nadar Biography: Success Story of HCL Founder

In this success post, we are going to share the story of Shiv Nadar, the founder, and chairman of HCL Technologies, an...

Related News

Carl Icahn Biography: Success Story of Icahn Enterprises Founder

In this success post, we are going to share the story of Carl Icahn, an American businessman, investor, and activist shareholder who...

Vikram Solar Top Performer Again In PVEL Product Qualification Program List

Mumbai, June 2nd, 2020: Vikram Solar, one of India’s leading module manufacturers and a prominent EPC & rooftop solar solutions provider has again achieved the mantle of ‘Top Performer’ garnering a high score in PQP (Product Qualification Program) tests assessed by PVEL LLC, which is an independent solar test lab previously operated by DNV GL. The company has claimed this coveted position within the Product Qualification Program List 3 times in the last 4 years and for the second consecutive year. Selection of Top Performers involves rigorous testing processes and Top Performers have less than 2% module degradation following...

Tranter IT outlines steps to maximize online classes for children

The spread of the COVID-19 pandemic and the adverse negative effect it has had on the lives of many around the world,...

Shiv Nadar Biography: Success Story of HCL Founder

In this success post, we are going to share the story of Shiv Nadar, the founder, and chairman of HCL Technologies, an...

CSR for COVID-19 Crisis, Corporates & NGOs Juggernaut Can Change the Tide

India | June 2020: Months, after the coronavirus surfaced in Wuhan, China, the virus has spread across the globe. Every nation is...

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Language »
×

Hello!

Click one of our representatives below to chat on WhatsApp or send us an email to [email protected]

×