ZRG Partners Q2 2016 Industrial Hiring Index
ROCHELLE PARK, NJ, August 25, 2016 — ZRG Partners, a client-focused global executive search firm driven by data analytics, announced its Q2 2016 Global Industrial Hiring Index, with findings dedicated to the Industrial sector.
Q2 2016 Industrial hiring results posted a slight decrease over Q1 2016, yet still posted a 12% increase year- over-year. Aerospace and Defense and Heavy Equipment showed the smallest decrease versus Q1 hiring, both subsectors were down less than 3%, Chemicals was the weakest subsector quarter over quarter with job postings down over 30%. Despite decreasing quarter over quarter, the job postings remain strong with the index recording its second highest level of job postings ever.
Nate Frank, Managing Director, Industrial Practice stated “There is still enough uncertainty globally across the industrial sector that the weaker Q2 numbers come as very little surprise. That said we are seeing good pockets of hiring in certain functions and leadership positions, and that may be reflected by the fact that index is well ahead of the Q2 numbers from both 2014 and 2015. The demand for scalable P&L leaders as well as globally- minded operations and supply chain leaders continues to be fairly robust.”
From a Private Equity investment perspective in Q2 2016, Private Equity investment in the Industrial subsectors we track rose to $40 billion, which is more than double the amount invested in Q1.
About ZRG Partners
ZRG Partners, LLC is a global authority on talent management in the Industrial market. ZRG provides its clients with specialized global market expertise in executive recruitment, consulting and advisory work with a focus on data and analytics to drive great business decisions.
The Global Industrial Hiring Index analysis utilizes a proprietary algorithm that looks at hiring within selected benchmark companies in seven distinct segments. ZRG Partners collaborates with data from the CEB TalentNeuron tool and Pitchbook to assemble the sector data that drives the Index.
Managing Director, Industrial Practice