The global consumer industry experienced 0.23% drop in new job postings related to corporate governance in Q1 2024 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to a 7% increase versus Q1 2023. GlobalData’s Consumer: Hiring Trends & Signals Q1 2024 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the consumer industry, facilitating anticipation of future workforce needs. Buy the report here.
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Notably, Management Occupations jobs accounted for a 12% share of the global consumer industry’s corporate governance-related total new job postings in Q1 2024, down 0.3% over the prior quarter.
Management Occupations drive corporate governance-related hiring activity
Management Occupations, with a share of 12%, emerged as the top corporate governance-related job roles within the consumer industry in Q1 2024, with new job postings drop by 0.3% quarter-on-quarter. Business and Financial Operations Occupations came in second with a share of 8% in Q1 2024, with new job postings rising by 31% over the previous quarter.
The other prominent corporate governance roles include Computer and Mathematical Occupations with an 8% share in Q1 2024, Office and Administrative Support Occupations with a 7% share of new job postings.
Top five companies in consumer industry accounted for 53% of hiring activity
The top companies, in terms of number of new job postings tracked by GlobalData, as of Q1 2024 were Arcelik, Keurig Dr Pepper, Pernod Ricard, Flowers Foods, and PepsiCo. Together they accounted for a combined share of 53% of all corporate governance-related new jobs in the consumer industry.
Arcelik posted 3,624 corporate governance-related new jobs in Q1 2024, Keurig Dr Pepper 744 jobs, Pernod Ricard 638 jobs, Flowers Foods 621 jobs, and PepsiCo 345 jobs, according to GlobalData’s Job Analytics.
Hiring activity was driven by the US with a 35.53% share of total new job postings, Q1 2024
The largest share of corporate governance-related new job postings in the consumer industry in Q1 2024 was in the US with 35.53% followed by Turkey (32.73%) and India (4.07%). The share represented by the US was five percentage points higher than the 30.26% share it accounted for in Q4 2023.
For further understanding of GlobalData's Consumer: Hiring Trends & Signals Q1 2024, 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.
