Job Vacancies In Engineering, Healthcare, Telecom Sectors: 12 Million In Next 5 Years

Job Vacancies In Engineering, Healthcare, Telecom Sectors: 12 Million In Next 5 Years

As per a TeamLease Services report, the engineering, healthcare and telecom sectors are set to see 12 million jobs in the next five years. The total employment generated by the three sector together will rise from the current 4.56 million to 9.03 million in the next five years.
The ‘Professional Staffing: Digital Employment Trends Report’ tables the hiring trends in the engineering, telecom and healthcare sectors. It delves deep into specialised roles, the sought-after skills, skill gap and measures undertaken to address the gap by employers, and market median salaries for these roles.
What more, the focus on recovery coupled with technology proliferation and digitization in these sectors will lead to an increase in demand for talent with high skill and expertise. The demand for specialised roles will double by 2026.

ENGINEERING

  • The engineering sector made smart and reliable operations a big priority during FY, 2021-22, and employers hired for a wide range of specialised roles that bolster project delivery and process performance.
  • And as a consequence of this, hiring demand was seen to be spread more or less uniformly across the top specialised roles.
  • Auto, aerospace and defence, power and construction, chemical, agri and process, manufacturing and electrical and electronics are the top five sub sectors that contributed significantly to the job creation in the engineering sector
  • Hiring volumes for specialised roles in the sector surged during the FY, and niche roles that engineer operations and ensure robust production and delivery commanded near-300 % growth in hiring
  • Chemical, agri and process and the electrical and electronics subsectors accounted for more than half of all sectoral demand for specialised roles during the FY.
  • Medium-sized businesses account for 50% of the demand for specialised roles.
  • Contractual engagements are sought after across the sector, since the dynamic nature of post-pandemic recovery necessitates a variety of skills at different stages. Gig assignments are finding gradual acceptance as well
  • Top roles:
    • Plant Engineer:% of the employers’ hiring-10%; hiring growth- 404%. The profile is also the role that has registered the Top hiring growth, i.e. 404%
    • Solar Engineer: % of the employers hiring-12%; Top hiring growth- 249%
    • Power and Performance Validation Engineer: % of the employers’ hiring- 10%; Top hiring growth-238%
    • Robotics Engineer: % of the employers hiring-11%; hiring growth-88%
    • Industrial Engineer: % of the employers’ hiring-10%; hiring growth-81%
  • Top Skills
    • Technical: Al/ML: (13%) Plant, Production and Manufacturing: (9%) Research and Development: (9%)
    • Non-Technical Complex Problem skills: 14% Communication skills: 11% interpersonal skills: 10%
  • Top Cities
    • Metros: Bangalore and Chennai (17%) each Hyderabad (14 %) Kolkata (12%)
    • Non-metros: Chandigarh (9%) Ahmedabad and Pune (5%) each

TELECOM

  • Telecom Infrastructure and Development Market Size USD 104 8 SG and White Space Spectrum Mobile Market Size USD 477 MM Mobile Virtual Network Operators Market Size USD 16 B App and Gaming Market Size USD 1 B
  • Hiring for specialised roles grew at close to 100% and the sector made the highest payouts for specialised roles.
  • Network Engineers were in high demand in the sector during the FY, with data, video and wireless network services becoming more critical than ever.
  • The criticality of the top role translated into a near-doubling of hiring volumes for Network Engineers during FY, 2021-22. Six other top roles also witnessed a similar magnitude of growth in hiring during the FY.
  • Provisioning of reliable remote work infrastructure as a universal need for businesses boosted demand for Network Operation skills. Scaling and performance management needs by employers put Al/ML skills in the second place.
  • Most employers in the sector preferred engaging specialised talent via the contractual employment mode. Top roles concerned with core operations were also hired in the mixed mode.
  • Top roles
    • Technical Architect: % of the employers’ hiring-9%; Top hiring growth-114%
    • Technical Lead: % of the employers’ hiring-9%; Top hiring growth-99%
    • Network Engineer: % of the employers’ hiring-31%; Top hiring growth-98%
    • Security Engineer (IT): % of the employers hiring-11%; hiring growth-87%
    • System Engineer: % of the employers hiring-9%; hiring growth-92 %
  • Top skills
    • Technical: Network Operation: (13%) A/ML: (12%) Optical Fibres and Cabling: (10 %)
    • Non-Technical Complex Problem skills: 13%. Decision Making: 13% Interpersonal skills: 12%
  • Top cities
    • Metros: Mumbai, Kolkata and Delhi (17%) each Bangalore (15%)
    • Non-metros: Chandigarh (10%)

HEALTHCARE

  • The acute need for data driven support and for analysing and acting on massive volumes of patient data created high demand for the Nurse Informatics Specialist and the Clinical Research Scientist roles.
  • Specialised roles in healthcare exhibited superlative growth rates (near-100% to 220 % across roles) and nearly thrice the number of Nurse Informatics Specialists were hired during FY, 2021-22.
  • Most Healthcare employers engaged talent via gig and mixed modes of employment during FY, 2021-22, with the mixed engagement type turning out to be most popular.
  • The Healthcare sector required an eclectic mix of domain, data, and research and technology skills during the FY. Supply Chain Management was the top skill in demand and with the highest skill-gap.
  • Top roles
    • Credentialing Specialist: % of the employers’ hiring-4%; Top hiring growth-220%
    • QC/Lab Chemist: % of the employers’ hiring-4%; Top hiring growth-209%
    • Nurse Informatics Specialist: % of the employers’ hiring-20%; Top hiring growth-175 % Clinical Research Scientist: % of the employers’ hiring-17%; hiring growth-151%
    • GM-Production: % of the employers’ hiring-15%; hiring growth-116%
  • Top skills
    • Technical Supply Chain management: (11%) Clinical Coding (10%) Data Engineering: (9%)
    • Non-Technical Complex Problem skills: 16% Decision Making: 15% Planning and Coordination: 11%
  • Top cities
    • Metros: Bangalore (22 %) Mumbai (20%) Delhi (14%)
    • Non-metros: Pune (11%) Chandigarh (9%)