ZRG Partners Q4 2016 Industrial Hiring Index
Rochelle Park, New Jersey (February 8, 2017) – ZRG Partners, a client-focused global executive search firm driven by data analytics, announced the results of its Q4 2016 Global Industrial Hiring Index.
The Q4 2016 Global Industrial Hiring Index posted a 17% decrease in the number of job postings globally versus the previous quarter. It is important to note the seasonality of the Index, with Q4 typically being the weakest quarter of the year. In comparison to the same quarter last year, the index ended 15%higher continuing the strength we’ve seen in year over year numbers.
Nate Frank, Managing Director, Industrial Practice stated “The Q4 Index reflects quantitatively the unease and uncertainty created by a very contentious U.S. election season. It drove the Q4 numbers down from what had been a strong 2016 throughout. However, we are encouraged that this was still the index’s strongest Q4 in the last few years.”
From a Private Equity investment perspective in Q4 2016, Private Equity investment in the Industrial subsectors we follow showed a solid gain of 30% over Q3 2016.
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 from the CEB TalentNeuron™ tool and Pitchbook to assemble the sector data that drives the Index.