IT services & Pharma to lead hiring growth in 2013

The data released by a leading survey portal suggests that IT Sector and pharmaceuticals industry are supposed to drive hiring growth in 2013.

The Management consulting firm believes  that Pharma will emerge as a powerful employer, and will replace other industries like telecom, which hired the maximum no. of employees last year

Also Construction & real estate sector will be a prominent player in hiring despite of the slower growth bar.

In a recent release, the firm stated that these two sectors are likely to lead in hiring growth this year.

It pointed out that Foreign Direct Investment (FDI) in retail will provide a motion to senior hiring in retail, in both the sector, specifically in real estate industry.

However, Banking and finance will not be seen as a major employer and expected to face slow hiring.

According to the firm most employers hunted for IT professional in 2012 in IT or software services, FMCG industries and BPO or ITeS, followed by real estate and pharmaceuticals or life sciences to fulfil mid or senior positions.

Middle and senior management hiring in 2012 was reflective of the less-than-optimistic business or economic performance. Also with employers across industries indicate a revival of hiring for mid-senior management positions, signalling progressive business intent.

Posted in: IT News