Pharma sector hiring may be down in second half of year: Survey
Recruitment in the pharmaceutical sector may decline in the second half of this year due a drop in hiring sentiment in the sector, a survey has said.
New Delhi: Recruitment in the pharmaceutical sector may decline in the second half of this year due a drop in hiring sentiment in the sector, a survey has said.
According to a hiring outlook survey conducted by jobsite Naukri.Com, only 51 percent recruiters are expecting to add new jobs in second half of 2012 as against 67 percent in the first half of the year.
The survey further said, while in the first half of the year none of the recruiters had predicted a hiring freeze in 2012, now 11 percent of them are saying that hiring will come to a halt in the next six months.
It may, however, increase when it comes to replacement hiring with 60 percent of respondents positive about it as compared to 46 percent in the first half of the year.
Commenting on the findings, Info Edge India Senior VP Marketing and Communications Sumeet Singh said: "Although the overall hiring activity in the pharma sector has been moving at a steady pace in the first half of the year, recruiters are now preferring to adopt a cautious wait and watch mode in the coming quarters."
Talent crunch seems to be an important issue being faced by recruiters in the pharma sector with 73 percent saying that it was very difficult to find talent suitable for a job profile.
A deeper analysis of the job scenario for the sector shows that about 33 percent jobs created in the sector in 2012 are from Mumbai, 12 from Hyderabad and 11 from Bengaluru, the report said.
Most job openings in the sector are for job seekers in the 3-5 years experience levels, it added.
Job site Naukri.Com is the flagship brand of Info Edge.