The global auto industry experienced a 16% drop in new job postings related to corporate governance in Q1 2023 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to a 10% decrease versus Q1 2022. Corporate Governance is a priority in most of the industries today including Automotive. GlobalData’s ESG (Environmental, Social, and Governance) Top Trends by Sector – Thematic Research report assesses the impact of ESG by identifying key trends, company filings, and hiring pattern across 16 key sectors. Buy the report here.
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Notably, Management Occupations jobs accounted for a 16% share of the global auto industry’s corporate governance-related total new job postings in Q1 2023, down 22% over the prior quarter.
Management Occupations drive corporate governance-related hiring activity
Management Occupations, with a share of 16%, emerged as the top corporate governance-related job roles within the auto industry in Q1 2023, with new job postings drop by 22% quarter-on-quarter. Computer and Mathematical Occupations came in second with a share of 11% in Q1 2023, with new job postings dropping by 17% over the previous quarter.
The other prominent corporate governance roles include Architecture and Engineering Occupations with a 9% share in Q1 2023, Business and Financial Operations Occupations with a 7% share of new job postings.
Top five companies in auto industry accounted for 24% of hiring activity
The top companies, in terms of number of new job postings tracked by GlobalData, as of Q1 2023 were Robert Bosch, Tesla, Valeo, Riken, and Knorr-Bremse Asia Pacific (Holding). Together they accounted for a combined share of 24% of all corporate governance-related new jobs in the auto industry.
Robert Bosch posted 204 corporate governance-related new jobs in Q1 2023, Tesla 191 jobs, Valeo 169 jobs, Riken 140 jobs, and Knorr-Bremse Asia Pacific (Holding) 129 jobs, according to GlobalData’s Job Analytics.
Hiring activity was driven by the US with a 50.31% share of total new job postings, Q1 2023
The largest share of corporate governance-related new job postings in the auto industry in Q1 2023 was in the US with 50.31% followed by India (11.35%) and Germany (5.26%). The share represented by the US was three percentage points lower than the 53.12% share it accounted for in Q4 2022.
To further understand GlobalData's analysis on ESG (Environmental, Social, and Governance) Top Trends by Sector - Thematic Research buy the report here.
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