Despite overall hiring seeing a slowdown in recent weeks, the job market for senior executives is still upbeat. At worst, the hiring at senior-level roles is flat as compared to the last quarter, according to a report in the Economic Times (ET).
"Last year was a bumper year given the pent-up demand after Covid, but we are ahead of that. Business in the first six months of this financial year is up 25 per cent compared to the corresponding period last year," Navnit Singh, chairman and regional managing director of India, Korn Ferry, which follows a May-April cycle, told ET.
The demand for CXOs has been relatively high in the industrial and manufacturing sectors, auto, chemicals, financial services, and energy firms.