Monster's panel to forecast trends in the HR industry

MUMBAI: today announced the launch of the Monster HR Panel that will forecast trends in the human resource industry. This quarterly initiative will primarily focus on trends affecting job seekers.



Elaborating on the same, Monster Asia vice president marketing Dhruv Shenoy said, "The objective behind setting up the Monster HR Panel is to evaluate trends affecting the HR industry and the recruitment market, providing job seekers access to information that better prepares them for the employment market. At Monster, we are always looking ahead for innovative ideas that will set the foundation for best practices in the recruitment industry."



"To begin with we solicited membership from our existing clients, establishing a 28 member panel, which we hope to expand in the near future. Heads of HR from some of the leading companies like CSC, Hewlett Packard, Microsoft India Development Centre, Deloitte, Adobe Systems, Siemens Information Systems, Verizon Data Services, Tyco, Agilent Technologies, Mentor Graphics, Onward Technologies, Accenture, Computer Associates, Mahindra British Telecom, Oracle India and Eicher Goodearth Limited are members of the panel," he added.



The first Monster HR Panel discussion focused on the topic "2005 - Year of Freshers" and evaluated various aspects of hiring in the entry level segment. The e-discussion revealed that panelists on average predict that as compared to 2004, hiring in the entry-level will grow an estimated 28 per cent in 2005.

Another key insight of the discussion was that panel members believed there will be a huge demand for engineers in 2005. The panel also predicted that companies will be aggressively visiting campuses to recruit talent in the year ahead. This is also a reflection of the growing demand in the engineering and manufacturing sector. The Monster site statistics indicate that from May 2004 onwards the number of resumes in the manufacturing and engineering segment has shown a 14 per cent month-on-month growth. During the same time the job postings in this category showed a 22 per cent month-on-month growth.

The HR managers also pointed out that while they would look to hire talent from B towns too, the majority of them said that the recruitment will be heavily focused in the top eight cities and from the top engineering colleges.

Latest Reads
Birla Gold & BBH team up for another power pact film

Birla Gold, the cement brand of the B.K. Birla Group of Industries launched its new ad campaign marking the beginning of the latest Pro Kabaddi League season and commemorating its association with Patna Pirates, three-time winning champions.

MAM Media and Advertising Ad Campaigns
fbb launches its festive collection at Mumbai Airport

The season for shopping has begun and people all over the country have increased their spending budgets to ensure they look their best this season.

MAM Marketing MAM
Air Canada Brings Global ‘Fly the Flag’ Initiative Celebrating Equality, Inclusivity and Diversity to India

Air Canada, Canada's largest domestic and international airline, has been strengthening connections between India and Canada since 2015 with three new direct routes introduced in less than two years. To celebrate people making a mark in India, Air Canada is bringing its global ‘Fly the Flag’...

MAM Marketing Below The Line
Tanishq launches new campaign for Diwali

Jewellery brand, Tanishq has introduced an exquisite collection - Utsava – an enchanting range that showcases the rich culture and beauty of our country, encapsulating the true essence of the festival of lights.

MAM Media and Advertising Ad Campaigns
Saregama Caravan asks to ditch the 'Shor' this Diwali

Diwali is many things to us. Homecomings, get-togethers, celebrations, gifts, lights, sweets, and shared joy.

MAM Marketing MAM
The stage is set for WPP’s ‘Date with Data’ – a day-long data summit

Spearheaded by WPP India, alongside WPP’s Data Alliance, Date with Datais a day-long summit that showcases and discusses the impact of data.

MAM Marketing MAM
Enormous Brands strengthens leadership at Gurgaon office

Enormous Brands has bolstered its northern operations with significant appointments across all disciplines.

MAM Marketing Brands
MUFTI was the first brand I signed after the success of Sonu Ki Titu Ki Sweety - Kartik Aaryan

Kartik Aaryan is an inspiring success story in Bollywood; a star who has made it on his own. One man who could relate to Kartik’s journey was Kamal Khushlani, Founder and MD of MUFTI, a revered fashion brand.

MAM Marketing MAM

Fashion designer Anita Dongre’s label House of Anita Dongre has appointed VMLY&R India, a full-service global digital marketing agency, to work on the user experience and creative revamp of the website.

MAM Media and Advertising Media Agencies

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories