How Can I Conduct a Market Study to Improve Our Hiring Process? Seeking Step-by-Step Guidance

Hi Professionals, Greetings of the Day! For hiring, we typically use portals like Naukri.com, Monster, Shine, and LinkedIn. Additionally, we can conduct market studies to understand layoffs within the industry to target potential candidates.

Guidance Needed for Market Study in Hiring

I would appreciate guidance on how to effectively study the market for hiring purposes. Please provide a step-by-step process that I can follow to streamline our hiring procedures.

Looking forward to your assistance.

Best Regards, Preeti Poonia HR Manager

You have not mentioned the nature of your industry nor the job positions for which candidates are needed. We have been reading regularly about layoffs, being put on the bench, etc., regarding the software sector. Data regarding this sector is available online. There are consultancy organizations that keep tabs on the economy and its factors; they keep collecting data about them.

Hi KK! HR, Thank you for providing the necessary details. I am hiring a sales executive for my company, which is in the real estate industry. I need guidance on how to study the industry to understand recent layoffs. Additionally, we are open to hiring individuals with experience in sales and marketing, even if they are freshers.

Your insights on how to conduct this market study would be greatly appreciated.

Regards,
Preeti Poonia
HR Manager
PROPALY Realtors
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