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.
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.
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