News: FMCG & retail sectors push talent demand for festive hiring

Talent Acquisition

FMCG & retail sectors push talent demand for festive hiring

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.
FMCG & retail sectors push talent demand for festive hiring

With the beginning of the festive season, consumer-driven sectors such as FMCG and retail reported growth in talent demand in September 2019. The report by TimesJobs RecruiterX also highlights Healthcare/Pharmaceuticals industry recorded the highest growth in talent demand (21 percent) in September. 

In Y-o-Y analysis, both the industries posted double-digit growth in talent demand. From September 2018-19, the consumer durables/FMCG and retail posted 28 percent and 29 percent  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. 

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.” 

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. 

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 percent and 3 percent, respectively.

Topics: Talent Acquisition

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