The Indian pharma industry experienced a 51% drop in new job postings in Q3 2023 compared with the previous quarter, with the highest share accounted for by Biocon with 915 job postings according to GlobalData’s analysis of pharma company job postings. GlobalData’s Pharma: Hiring Trends & Signals Q3 2023 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the pharmaceuticals industry, facilitating anticipation of future workforce needs. Buy the report here.
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Notably, Management Occupations jobs accounted for a 31% share of the Indian pharma industry new job postings in Q3 2023, down by 60% over the prior quarter.
Management Occupations drive pharma industry hiring activity
Of the industry's total hiring activity, the highest number of new job postings were for Management Occupations, which accounted for 31% of the total new job postings in Q3 2023 and were down by 14% year-on-year. Second highest were Computer and Mathematical Occupations, which accounted for 20% and drop by 21% year-on-year, and third highest were Business and Financial Operations Occupations, which were 63% of the new job postings and 27% lower year-on-year.
Top five companies in pharma industry accounted for 53% of hiring activity
The highest number of jobs were posted by Biocon with 915, followed by Novartis with 550, while the highest increase was at AstraZeneca at 13%.
For further understanding of GlobalData's Pharma: Hiring Trends & Signals Q3 2023, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Jobs Analytics uses machine learning to uncover key insights from tracking daily job postings for thousands of companies globally. Proprietary analysis is used to group jobs into key thematic areas and granular sectors across the world’s largest industries. classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
