FMCG sector is one of the strong pillars of the Indian economy. MNCs are leveraging the Indian FMCG market as a hub for strategic sourcing, product development and for manufacturing. These global companies view India as a promising market which is fast-emerging as a top destination for quality talent.
In that wake, the talent demand in the FMCG sector was on an upswing in 2018. The sector witnessed 7% growth in talent demand between Jul-Dec 2018. Demand for specialists in FMCG Sales, Administration, Direct Marketing Purchasing/Sourcing, Warehouse, Institutional Sales, and Channel Sales grew across different levels of management. Talent demand grew for professionals in Marketing & Advertising, Accounting & Finance and IT/Telecom at junior level of management during this period of time.
TimesJobs spoke to
Prashant Salgaonkar, VP and Head- HR, GA, Anchor by
When asked about his company’s agenda for employees, he said, “We have recently implemented ‘Variable Incentive Pay & Sales Incentive Program’ for rewarding high performers. However, I feel that providing growth opportunity plays an important role for the talent to be attached to the organisation”.
Excerpts from the interview:
What were the hiring trends of 2018 in your industry?
In general, there was a good demand for sales professionals with B2B and B2C experience in our industry. There was also a good demand for leadership profiles.
What is the hiring predictions for 2019?
Three main drivers will impact hiring:
- Globalisation: Things to watch out here are the level of exports, adoption of
exponential technologyin advanced markets and its impact on offshoring.
- Demographic changes: The influencing factors here are a rising middle-class, increasing young population and urbanisation.
- Adoption of exponential
technologies: Important areas to focus here will be smart connected products/services, the creation of highly optimised supply chains, business innovations and new work arrangements.
Name top three emerging high paying jobs in your industry?
- B2B and B2C professionals
- IOT professionals, Pre-sales and Solution Sales Specialists
Engineers& Project Leaders
The required skill sets will be:
- Ability to adapt to new technologies
- Engineering Experience
- Cross-team functionality
How has Diversity & Inclusion changed the interface of workplaces?
Having a diverse workforce is increasingly being recognised as an important factor in improving the performance of organisations.
At Anchor by Panasonic, women comprise 56% of our workforce, which is incredible when compared to our male-driven industry. We have also taken steps for women empowerment and their development. For example, we have crèche facilities at our manufacturing locations, so women employees can work at ease.
What are the major smart skills required in your industry?
- Judgment, problem solving, decision-making
- Cognitive flexibility
- Ability and willingness to handle multiple responsibilities
How has the role of recruiters evolved in recent years?
Anchor Electricals was a family-owned business which was taken over by Panasonic in 2007. In the last few years, most leadership roles were managed by expats. Now, our priority is to have a local leadership to understand the talent market and create sensitivity towards candidates and existing employees. We have also evolved from performing the traditional HR role to the HR business partner role which is responsible for aligning business objectives with the management and employees.
Which new HR tools are you using for hiring?
Currently, we rely a lot on our Assessment Centers from internationally acclaimed institutions and Behavioral-based interview process to hire. We are also exploring the idea of using a new HR tool to automate our recruitment process and are currently evaluating different vendors for the same.
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