Omicron’s threat caused spike in demand for Doctors/Medical Professionals

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Omicron’s threat caused sharp spike of over 30% in M-o-M talent demand of Doctors/Medical Professionals in Dec’21: TimesJobs RecruiteX

 

National, Jan 25, 2022: The emergence of Omicron and the resurgence of COVID-19 infection raised a healthcare scare in India, pushing  the Healthcare sector to post highest talent demand in Dec’21, noted TimesJobs RecruiteX. Both the  Healthcare sector and the Doctors/Medical Professionals function/ job role clocked the highest talent demand in the review month.

TimesJobs RecruiteX is a monthly recruitment index that records the demand and supply of talent at India Inc. The overall talent demand for Dec’21 saw 5% M-o-M and 4% Y-o-Y gain. Here are the talent demand trends from TimesJobs RecruiteX Dec’21 edition:

Sector-wise analysis

Pushed by the emergence of Omicron, talent demand for the Healthcare sector grew by 87 to 98 basis points, recording the highest M-o-M increment of 12% in Dec’21 .  The Retail and FMCG sectors which dominated talent demand charts in the OND’21 quarter noted a M-o-M decline of 4% and 1% respectively.  Here are the top talent demand gainers for Dec’21 (M-o-M  analysis):

  • Healthcare/ Pharmaceuticals: 12%
  • BFSI: 8%
  • IT/Telecom: 7%
  • Manufacturing & Engineering: 3%
  • Automobiles/Auto Component: 1%

Functional-area wise analysis

The demand for the Doctors/Medical Professionals job role superseded the talent intake for all other roles in Dec’21. The talent demand indices  grew from 103 basis points in Nov’21 to 144 points in Dec’21, clocking over 30% improvement in M-o-M demand. The top talent demand gainers in Dec’21 (as per M-o-M  analysis were:

  • Doctors/Medical Professionals: Over 30%
  • Front Office/ Administration: 21%
  • Marketing & Advertising: 14%
  • Banks/Insurance/Financial Services: 12%
  • Sales/Business Development: 12%
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Location-wise analysis

Indore grew from 92 basis points in Nov’21 to 133 points in Dec’21 at the talent demand index RecruiteX and was the top city for talent demand in the study month. Indore recorded over 30% growth in Dec’21, akin to its Sept’21 performance at RecruiteX. Among the metro cities, only Chennai found a spot among the top five talent demand gainers with 10% M-o-M growth. Mumbai reported no movement in talent demand while Delhi-NCR saw a dip of 5% in Nov’21 v/s Dec’21 review. Location-wise, top talent demand gainers in Dec’21 were:

  • Indore: Over 30%
  • Ahmedabad: 28%
  • Vadodara: 17%
  • Chennai: 10%
  • Jaipur: 9%

Work experience-wise analysis

An analysis of Dec’21 talent demand by work experience showed that professionals with 2 – 5 years of experience were most in demand. This work group recorded a growth of 41 basis points (from Nov’21 to Dec’21) and noted 12% M-o-M growth in demand. After this freshers were the most sought after work group, hinting that most corporates were adding on to their executing tier in Dec’21. The demand for senior professionals with over 20 years of work experience saw a decline of 20% in the study month. The top gainers for talent demand among work experience groups are as follows:

  • 2 – 5 years of experience: 12%
  • Freshers (less than 2 years of experience): 6%
  • 5-10 years of experience: 4%

Commenting on the findings of TimesJobs RecruiteX Dec’21 edition, Sanjay Goyal, Business Head, TimesJobs and TechGig said, “Omicron has halted the global recovery from COVID-19. News reports suggest that about 30-35% of businesses had reopened offices in Dec’21 and were planning to get back to office in full swing by Mar’22. These stats are the same for India too. However, COVID-19’s resurgence has put a temporary stop to such plans. Healthcare and wellbeing is a top priority and I foresee this sector to be bullish on talent intake for some more months. A silver lining though is, most of us are already attuned to virtual working, hence there will be less hiccups in business continuity.”

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