ZRG Partners Releases First Edition of Global Industrial Hiring Index with Private Equity Investment Data
Overall results show 2Q 2015 Industrial hiring up 4% globally versus
previous quarter, while significant Private Equity investment continues.
ZRG
Partners, a client-focused global executive search firm driven by
data analytics, launches its Global
Industrial Hiring Index findings dedicated to the Industrial sector.
This index joins ZRG’s portfolio sister publications specific to the
Leasing and the Life Sciences industries.
The Q2 2015 release of the ZRG Partners Global Industrial Hiring Index
posted a 4% increase in global hiring demand quarter over quarter. This
is the second quarter of growth after a significant dip in hiring in Q4
2014. In total, six quarters of hiring data has been collected from key
proprietary data sources for the ZRG Partners Global Industrial Hiring
Index.
Q2 2015 numbers are very similar to Q2 2014 numbers, the numbers tell us
that after two slower quarters, hiring is back to the strong levels seen
in the first three quarters of 2014. Of the seven industrial segments
the Global Industrial Hiring Index covers – Aerospace and Defense,
Automotive, Chemicals, Diversified Manufacturing, Engineering
Procurement Construction (EPC), Heavy Equipment and Oil and Gas –
Aerospace and Defense showed the greatest strength with 90,000 job
postings. Hiring demand in the Oil and Gas sector globally rebounded a
bit this quarter, after two straight quarters of declines. This was led
by hiring demand outside the U.S. The data shows that in Q2, Oil and Gas
hiring in the U.S. remained weak. Diversified Manufacturing and Heavy
Equipment were laggards in Q2 2015 compared to the other five industrial
segments.
Nate
Frank, Managing Director & Global Industrial Practice Leader of ZRG
stated, “The mixed Q2 hiring index results align with the general
sentiment we’re seeing in the market – pockets of optimism offset by the
negative impact low commodity prices are having on industries that touch
Oil & Gas, Ag and Mining. The Heavy Equipment sector is a prime example.”
From an investment perspective in 2Q 2015, Private Equity interest in
the Industrial sector was the highest we have ever recorded (past six
quarters) with over $90 billion in new private equity investments. For
Q2, the Industrial sector saw 335 private equity deals completed with an
average deal size of just under $300 million. The Automotive sector had
the largest PE investments, in total dollars.
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 providers
Wanted Analytics and Pitchbook to assemble the sector data that drives
the Index.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151102006119/en/
Copyright Business Wire 2015
Source: Business Wire
(November 2, 2015 - 9:51 AM EST)
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