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JULY 2020 By: City, Industry, Functional Area and Experience A REPORT ON HIRING ACTIVITY IN INDIA A REPORT ON HIRING ACTIVITY IN INDIA

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Page 1: A REPORT ON HIRING ACTIVITY IN INDIAinfoedge.in/pdfs/jobspeak-report-july-2020.pdf · JULY 2020 By: City, Industry, Functional Area and Experience A REPORT ON HIRING ACTIVITY IN INDIA

JULY 2020

By: City, Industry, Functional Areaand Experience

A REPORT ONHIRING ACTIVITYIN INDIA

A REPORT ONHIRING ACTIVITYIN INDIA

Page 2: A REPORT ON HIRING ACTIVITY IN INDIAinfoedge.in/pdfs/jobspeak-report-july-2020.pdf · JULY 2020 By: City, Industry, Functional Area and Experience A REPORT ON HIRING ACTIVITY IN INDIA

2 All rights reserved 2016 © Info Edge (India) Limited.

TA B L E O F CO N T E N TS

Overview 3Key Highlights 4Sectoral Analysis 5Functional Area Analysis 6City Analysis 7Work Experience Analysis 8Methodology 9Annexure 10-12

Page 3: A REPORT ON HIRING ACTIVITY IN INDIAinfoedge.in/pdfs/jobspeak-report-july-2020.pdf · JULY 2020 By: City, Industry, Functional Area and Experience A REPORT ON HIRING ACTIVITY IN INDIA

3 All rights reserved 2016 © Info Edge (India) Limited.

I N D E X F O R J U LY 2 0 2 0

2008 was scaled to 1000. Index for subsequent months is relative to Jul 08.

Overall Hiring Trends

The Naukri JobSpeak Index for July’ 20, at 1263, marks an improvement of 5% in hiring activity as compared to June 2020, at 1208. However, when we look at Y-O-Y developments, the hiring activity is still down by 47% in July’ 20 when compared to July’ 19.

Industries such as Hotel/Restaurant/Airlines/Travel (-80%), Retail (-71%), Real Estate (-60%) and Oil & Gas/Power (-58%) continue to struggle in the month of July’20 versus last year same time.

The job market across cities registered a double-digit dip in hiring with metro cities seeing the sharpest decline of over 50% Y-O-Y.

Recruitment across the board declined at varied experience levels with the entry-level experience bands (0 to 3 yrs exp) witnessing the sharpest decline of 51%.

Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20

2397

Referring to the report, Pawan Goyal, Chief Business Officer, Naukri.com said,

“July’20 marks marginal recovery in month-on-month hiring activities. Industries such as Recruitment /Employment, Media/Entertainment and Construction/Engineering bounce back with positive signs in hiring M-O-M as lockdown restrictions are eased further. While the Y-O-Y hiring is still impacted leading to a decline of 47% in July’ 20, it is interesting to see emerging cities leading the way in job market recovery versus metros which are declining by more than 50%.”

2164 22792120

2400

21952381

2414

1954

951 9101208 1263

Page 4: A REPORT ON HIRING ACTIVITY IN INDIAinfoedge.in/pdfs/jobspeak-report-july-2020.pdf · JULY 2020 By: City, Industry, Functional Area and Experience A REPORT ON HIRING ACTIVITY IN INDIA

K E Y H I G H L I G H TS

Kolkata

-53%

-54%

-50%

-54% -55%

-52%Delhi / NCR

Mumbai PuneHyderabad

Bengaluru Chennai

-50%

Hiring across Functional Areas Hiring across Cities Hiring across Experience Levels

Figures are percentage change in July-20 over average of July-19

All rights reserved 2016 © Info Edge (India) Limited.

Hiring across Industry

BPO/ITES PharmaInsurance Hotels/Restaurant/Travel/Airlines

Banking Auto & Ancillary

-51%0-3 yrs

4-7 yrs -47%

8-12 yrs -43%

-38%13-16 yrs

>16 yrs -39%

-42% -38%-51% -80% -51% -50%

Oil and Gas

-58%

IT-Software

-23%

Banking / Insurance

-37%-43%

ITES / BPO

Marketing / Advertising

-44%

Production / Maintenance

-49%

Sales / BDAccounts /

Finance

-51%-45%

Site Engineering

-57%

HR / Administration

-65%

IT-Software

-49%

Figures are percentage change in June-20 over average of June-19 Figures are percentage change in July-20 over average of July-19 Figures are percentage change in July-20 over average of July-19

Page 5: A REPORT ON HIRING ACTIVITY IN INDIAinfoedge.in/pdfs/jobspeak-report-july-2020.pdf · JULY 2020 By: City, Industry, Functional Area and Experience A REPORT ON HIRING ACTIVITY IN INDIA

5 All rights reserved 2016 © Info Edge (India) Limited.

Hiring trends across key Industries

IT-Software/Software ServicesBPO/ITES/CRM/TranscriptionConstruction/Engineering/Cement/MetalsAuto/Auto AncillaryBanking/Financial Services/BrokingOil and Gas/Power/Infrastructure/EnergyTelcom/ISPInsuranceIndustrial Products/Heavy MachineryPharma/Biotech/Clinical ResearchHotels/Restaurants/Airlines/TravelFMCG/Foods/BeverageChemicals/PetroChemical/Plastic/RubberEducation/Teaching/TrainingIT-Hardware & NetworkingRetailingMedia/Dotcom/EntertainmentMedical/Healthcare/HospitalReal Estate/Property

Industry*

3,405 2,286 850 1,316 2,811 825 612 1,340 1,120 2,138 2,081 1,976 1,253 4,231 1,190 1,853 1,386 5,793 2,548

Jul-19

3,027 2,068 782 1,285 2,388 768 556 1,105 1,094 1,804 2,100 1,792 1,353 3,496 1,108 1,786 1,137 5,342 2,369

Aug-19

3,497 2,375 913 1,335 2,686 740 602 1,083 1,017 1,870 2,145 1,973 1,258 3,792 1,078 1,866 1,188 6,314 2,148

Sep-19

3,300 2,062 727 1,057 2,358 643 569 930 983 1,591 1,926 1,691 956 3,489 1,021 1,669 927 4,862 2,042

Oct-19

3,578 2,421 973 1,285 2,848 774 581 1,215 1,240 1,827 2,218 2,035 1,200 4,562 1,334 1,833 1,201 6,136 2,651

Nov-19

3,133 2,120 862 1,151 2,701 712 586 1,147 1,127 1,905 2,060 1,832 1,116 3,945 1,125 1,556 1,027 5,186 2,194

Dec-19

3,353 2,279 952 1,276 3,062 820 611 1,552 1,133 1,845 2,185 2,001 1,252 4,630 1,179 1,643 1,109 5,448 2,452

Jan-20

3,525 2,259 906 1,330 2,946 830 558 1,306 1,099 1,875 2,087 2,118 1,366 4,608 1,231 1,797 1,050 5,938 2,501

Fab-20

30892140633915246554345193677214481047144696437971052113569847061640

Mar-20

1803929216265993334277633272102622165457417855573992992133420

Apr-20

1472839282327858249300476351112520770048715825583084384060594

May-20

1755124437458011923002856375461426430110381527117645454204499947

Jun-20

17491315475661137834732265969513164071209939211883553257246121021

Jul-20

S E C TO R A L A N A LYS I S

Industry-wise Analysis:

• Industries such as Hotel/Restaurant/Airlines/Travel (-80%), Retail (-71%), Real Estate (-60%) and Oil & Gas/Power (-58%) continue to struggle in the month of July’20 versus last year same time.

• However, key sectors like BPO/ITES (-42%), FMCG (-39%), Pharma/Biotech (-38%), IT-Hardware (-30%) and Medical/Healthcare (-20%) are least impacted in hiring Y-O-Y.

IT-Software

-42%

Pharma

Auto & Ancillary

BPO/ITES

Oil and Gas Hotels/Restaurant/Travel/Airlines

Banking

-49%

-50% -58% -51%-80%

-38%

Insurance

-51%

Figures are percentage change in July-20 over average of July-19

Page 6: A REPORT ON HIRING ACTIVITY IN INDIAinfoedge.in/pdfs/jobspeak-report-july-2020.pdf · JULY 2020 By: City, Industry, Functional Area and Experience A REPORT ON HIRING ACTIVITY IN INDIA

6 All rights reserved 2016 © Info Edge (India) Limited.

F U N C T I O N A L A R E A A N A LYS I S

IT-SoftwareSales / BDITES / BPO / KPO / Customer ServiceProduction / Maintenance / QualityAccounts / Finance / Tax / CS / AuditHR / Administration / IRSite Engineering / Project ManagementMarketing / Advertising / MR / PRBanking / InsuranceEngineering Design / R&DHotels / RestaurantsPharma / Biotech / Healthcare / MedicalTicketing / Travel / AirlinesIT- Hardware / Telecom / Technical Staff

Functional Area*

3163278630211329163121886431759134110712496566732391513

Jul-19

273525502741125215031945634165211399882445520834811446

Aug-19

323625713028144915852043633162914419302518641142881468

Sep-19

298922742837113214661911556148611757682457507434911311

Oct-19

3267274332631400177221867221859132010042759628841411751

Nov-19

280325562852127615152018633169712788322531541242341609

Dec-19

302528203051137216582158713182214889732541564450241491

Jan-20

314528903051140917422206649165612589602528613745881541

Fab-20

273320442907109013611596457126511117011407486617591340

Mar-20

164285113253595615581865535243983002442207677

Apr-20

138886311534865685702066585263812723636279665

May-20

1674114716797858067472918226485076974953517906

Jun-20

176311891673831835756364858102760653451837211216

Jul-20

Hiring trends across key Functional Areas

Functional Area Analysis: • New jobs for professionals in the Ticketing/Travel/Airlines, Hotel/Restaurant and HR/Admin sectors witnessed a dip of 78%, 79% and 65% respectively.

• Functional roles in Sales/Business Development (-57%), and Accounts/Finance (-49%) also witnessed a Y-O-Y decline.

• However, hiring for roles in IT-Hardware (-20%), Banking/Insurance (-23%) and Pharma/ Healthcare (-9%) sectors was less impacted Y-O-Y.

Figures are percentage change in July-20 over average of July-19

IT-Software

-23%

Banking / Insurance

-37%-43%

ITES / BPO

Marketing / Advertising

-44%

Production / Maintenance

-49%

Sales / BDAccounts /

Finance

-51%-45%

Site Engineering

-57%

HR / Administration

-65%

Page 7: A REPORT ON HIRING ACTIVITY IN INDIAinfoedge.in/pdfs/jobspeak-report-july-2020.pdf · JULY 2020 By: City, Industry, Functional Area and Experience A REPORT ON HIRING ACTIVITY IN INDIA

7 All rights reserved 2016 © Info Edge (India) Limited.

C I T Y B A S E D H I R I N G S C E N A R I O

Delhi / NCRMumbaiBengaluru / BangaloreChennaiHyderabad / SecunderabadPuneKolkataAhmedabadChandigarhErnakulam / Kochi / CochinVadodara / BarodaCoimbatoreJaipur

City*

2486 1825 2673 1989 2786 2860 2955 3599 2102 3860 2921 3506 4154

Jul-19

2218 1710 2284 1770 2449 2653 2787 3349 1931 3864 2296 3379 3897

Aug-19

2368 1796 2533 1860 2811 2649 2650 3485 2048 4235 2982 3007 3630

Sep-19

2032 1685 2376 1815 2733 2664 2491 3147 1638 3736 2285 3040 3441

Oct-19

2567 1973 2563 2008 2832 3109 3246 3937 2073 4617 3577 3498 4017

Nov-19

2313 1740 2191 1691 2561 2707 2799 3493 1740 4160 3603 3144 3429

Dec-19

2360 1928 2455 1748 2659 2895 2676 3467 2140 4466 2684 3219 3823

Jan-20

2278 1936 2513 1918 2785 3074 2849 3545 2112 4809 3014 3137 3840

Feb-20

1818162122561494221525892269280915702934249426143091

Mar-20

804807120274211561307107513117841325105110251633

Apr-20

82064010606981048102685613048811768109114031553

May-20

10687811278854138214671491170013292591134816402231

Jun-20

11708461228892139614171431178315122589182417403124

Jul-20

Hiring trends across key CitiesCity Wise Analysis

Metro Cities: • The Y-O-Y recruitment activity in metro cities such as Chennai (-55%), Mumbai (-54%), Bangalore (-54%), Delhi/NCR (-53%), Kolkata (-52%) and Hyderabad (-50%) continues to register a substantial decline amid the pandemic.

• Hospitality and Accounting/Finance sectors have been most impacted across metropolitans while Pharma and IT-Hardware sectors are among the least impacted.

• Entry-level jobs (0-3 years) have seen the sharpest decline of about 58% across metros.

Emerging Cities: • The Y-O-Y recruitment activity in emerging cities did get affected but on a lower scale when compared to the metro cities.

• The hiring activity across emerging cities declined by an average of 39% as compared to 58% for metro cities Y-O-Y.

• The pink city, Jaipur (-25%) is least impacted followed by Chandigarh (-28%), Cochin (-33%) and Vadodara (-38%). Figures are percentage change in July-20 over average of July-19

Kolkata

-53%

-54%

-50%

-54% -55%

-52%Delhi / NCR

Mumbai PuneHyderabad

Bengaluru Chennai

-50%

Page 8: A REPORT ON HIRING ACTIVITY IN INDIAinfoedge.in/pdfs/jobspeak-report-july-2020.pdf · JULY 2020 By: City, Industry, Functional Area and Experience A REPORT ON HIRING ACTIVITY IN INDIA

8 All rights reserved 2016 © Info Edge (India) Limited.

WO R K E X P E R I E N C E S C E N A R I O

Hiring trends across Experience bands

Experience Wise Analysis

• Hiring across experience levels remained impacted in July’ 20 as compared to July’ 19.

• The hiring for entry-level executives (0-3 yrs. exp.) and senior-level executives (4-7 yrs. exp.) saw a dip of 51% and 47% respectively.

• The middle management roles (8-12 yrs. exp.) roles declined by 43%, senior management roles (13-16 yrs. exp.) declined by 38% and leadership roles (16+ yrs. exp.) declined by 39%.

Figures are percentage change in July-20 over average of July-19

-51%0-3 yrs

4-7 yrs -47%

8-12 yrs -43%

-38%13-16 yrs

>16 yrs -39%

Page 9: A REPORT ON HIRING ACTIVITY IN INDIAinfoedge.in/pdfs/jobspeak-report-july-2020.pdf · JULY 2020 By: City, Industry, Functional Area and Experience A REPORT ON HIRING ACTIVITY IN INDIA

9 All rights reserved 2016 © Info Edge (India) Limited.

M E T H O D O LO G Y

Naukri.com, India’s No. 1 job site and the flagship brand of Info Edge introduced the concept of e-recruitment in India. Since its inception in 1997, Naukri.com has seen continuous growth while outperforming its competitors in every sphere. The site enjoys a traffic share of over 70% as per similar web. Naukri.com is a recruitment platform that provides hiring-related services to corporates/recruiters, placement agencies and job seekers in India and overseas. It offers multiple products like Resume Database Access, Job Listings and Response Management Tools. With more than 5,25,000 jobs live at any given point and over 65 million CVs, Naukri.com has serviced over 76,000 corporate clients in 2018-2019. The company operates through 56 offices in 42 cities across India with overseas offices in Dubai, Riyadh, Abu Dhabi and Bahrain.

The Naukri Job Speak is a monthly index which calculates and records hiring activity based on newly added job listings on Naukri.com every month. The objective of Naukri JobSpeak is to measure hiring activity across various industries, cities, functional areas and experience levels. August 2008 has been considered as the base with an index value of 1,000 and the subsequent monthly indices are compared to data from August 2008. The jobs analysed for the monthly index are qualified on the basis of white-collar jobs belonging to the organized corporate sector with focus on service industries. Over 76,000 clients use Naukri.com, ensuring that the data is highly reliable. The report however does not cover gig employment, hyperlocal hiring or campus placement.

DisclaimerThe data is only representative of the listings on Naukri.com. Our analytics team has used statistical techniques to derive insights which might be useful for our users/stake holders/ audiences. There may be a statistical margin of error

Page 10: A REPORT ON HIRING ACTIVITY IN INDIAinfoedge.in/pdfs/jobspeak-report-july-2020.pdf · JULY 2020 By: City, Industry, Functional Area and Experience A REPORT ON HIRING ACTIVITY IN INDIA

10 All rights reserved 2016 © Info Edge (India) Limited.

A N N E X U R E S E C TO R A L DATA

IT-Software/Software ServicesBPO/ITES/CRM/TranscriptionConstruction/Engineering/Cement/MetalsAuto/Auto AncillaryBanking/Financial Services/BrokingOil and Gas/Power/Infrastructure/EnergyTelcom/ISPInsuranceIndustrial Products/Heavy MachineryPharma/Biotech/Clinical ResearchHotels/Restaurants/Airlines/TravelFMCG/Foods/BeverageChemicals/PetroChemical/Plastic/RubberEducation/Teaching/TrainingIT-Hardware & NetworkingRetailingMedia/Dotcom/EntertainmentMedical/Healthcare/HospitalReal Estate/PropertyRecruitment/Employment FirmConsumer DurablesAccounting/Taxation/FinanceAdvertising/PR/MR/EventsTextiles/Garments/AccessoriesSemiconductors/ElectronicsCourier/Transportation/FreightArchitecture/Interior DesigningExport/ImportPrinting/Packaging

Industry*

3405 2286 850 1316 2811 825 612 1340 1120 2138 2081 1976 1253 4231 1190 1853 1386 5793 2548 3907 1328 4242 3178 2255 2141 2235 2153 1486 1440

Jul-19

3027 2068 782 1285 2388 768 556 1105 1094 1804 2100 1792 1353 3496 1108 1786 1137 5342 2369 2857 1113 3763 3292 2101 1,539 2059 1787 1355 1405

Aug-19

3497 2375 913 1335 2686 740 602 1083 1017 1870 2145 1973 1258 3792 1078 1866 1188 6314 2148 3444 1168 3811 3322 1911 1659 1728 1901 1358 1459

Sep-19

3300 2062 727 1057 2358 643 569 930 983 1591 1926 1691 956 3489 1021 1669 927 4862 2042 2903 917 3375 2903 1752 1618 1768 1464 1148 1107

Oct-19

3578 2421 973 1285 2848 774 581 1215 1240 1827 2218 2035 1200 4562 1334 1833 1201 6136 2651 3487 1314 3989 4072 2285 1670 1967 2259 1551 1763

Nov-19

3133 2120 862 1151 2701 712 586 1147 1127 1905 2060 1832 1116 3945 1125 1556 1027 5186 2194 3135 1250 3348 3813 1999 1410 1721 1801 1280 1245

Dec-19

3353 2279 952 1276 3062 820 611 1552 1133 1845 2185 2001 1252 4630 1179 1643 1109 5448 2452 3758 1241 3434 3662 1910 1553 1953 2133 1283 1530

Jan-20

3525 2259 906 1330 2946 830 558 1306 1099 1875 2087 2118 1366 4608 1231 1797 1050 5938 2501 3638 1111 3398 3416 1986 1483 1913 1724 1411 1786

Feb-20

30892140633915246554345193677214481047144696437971052113569847061640285692827922552126410611493107612741271

Mar-20

18039292162659933342776332721026221654574178555739929921334209042881082880359650565309385367

Apr-20

147283928232785824930047635111252077004871582558308438406059483335210921036583855647606410538

May-20

17551244374580119230028563754614264301103815271176454542044999471303595166813669678651036818663781

Jun-20

174913154756611378347322659695131640712099392118835532572461210211782671183414811093101213957501183925

Jul-20

Page 11: A REPORT ON HIRING ACTIVITY IN INDIAinfoedge.in/pdfs/jobspeak-report-july-2020.pdf · JULY 2020 By: City, Industry, Functional Area and Experience A REPORT ON HIRING ACTIVITY IN INDIA

11 All rights reserved 2016 © Info Edge (India) Limited.

A N N E X U R E F U N C T I O N A L A R E A

IT-SoftwareSales / BDITES / BPO / KPO / Customer ServiceProduction / Maintenance / QualityAccounts / Finance / Tax / CS / AuditHR / Administration / IRSite Engineering / Project ManagementMarketing / Advertising / MR / PRBanking / InsuranceEngineering Design / R&DPurchase / Logistics / Supply ChainSecretary / Front Office / Data EntryIT- Hardware / Telecom / Technical Staff Teaching / EducationPharma / Biotech / Healthcare / Medical Hotels / RestaurantsTop ManagementArchitecture / Interior DesignExport / Import / MerchandisingCorporate Planning / ConsultingLegalWeb / Graphic Design / VisualiserContent / JournalismTicketing / Travel / AirlinesFashion / Garments / MerchandisingGuards / Security ServicesTV / Films / ProductionPackaging

Functional*

31632786302113291631218864317591341107112631379151339805667249689412101306210420373861354132391592168325471578

Jul-19

2735255027411252150319456341652113998810941851144634905208244569610731128155118053595282634811469173418121542

Aug-19

3236257130281449158520436331629144193011391070146837986411251886911441143157118393815330142881464132816701444

Sep-19

29892274283711321466191155614861175768103396613113094507424576728951079154817673378274434911119135711261451

Oct-19

32672743326314001772218672218591320100412951408175143406288275990213521296168418334275341841411585206615691593

Nov-19

2803255628521276151520186331697127883211521155160937205412253182212391155144518653513320742341288176519261306

Dec-19

3025282030511372165821587131822148897311961062149145895644254182816181258146018403795335850241399179623021651

Jan-20

3145289030511409174222066491656125896011271137154142706137252868111911205143820073960342345881465146115361649

Feb-20

27332044290710901361159645712651111701920813134039244866140762886498610971438285727631759764105111261215

Mar-20

1642851132535956155818655352439840716967716862442300512452316619652122612372071993166741462

Apr-20

138886311534865685702066585263814752636651402363627247653141462364417491481279152531816889

May-20

1674114716797858067472918226485076954359062093495369759663876284091820661936517410106510971068

Jun-20

17631189167383183575636485810276068095051216180251835345366878957839172373172672140285715671161

Jul-20

Page 12: A REPORT ON HIRING ACTIVITY IN INDIAinfoedge.in/pdfs/jobspeak-report-july-2020.pdf · JULY 2020 By: City, Industry, Functional Area and Experience A REPORT ON HIRING ACTIVITY IN INDIA

12 All rights reserved 2016 © Info Edge (India) Limited.

A N N E X U R E C I T I E S

Delhi / NCRMumbaiBengaluru / BangaloreChennaiHyderabad / SecunderabadPuneKolkataAhmedabadChandigarhErnakulam / Kochi / CochinVadodara / BarodaCoimbatoreJaipur

Cities*

2486 1825 2673 1989 2786 2860 2955 3599 2102 3860 2921 3506 4154

Jul-19

2218 1710 2284 1770 2449 2653 2787 3349 1931 3864 2296 3379 3897

Aug-19

2368 1796 2533 1860 2811 2649 2650 3485 2048 4235 2982 3007 3630

Sep-19

2032 1685 2376 1815 2733 2664 2491 3147 1638 3736 2285 3040 3441

Oct-19

2567 1973 2563 2008 2832 3109 3246 3937 2073 4617 3577 3498 4017

Nov-19

2313 1740 2191 1691 2561 2707 2799 3493 1740 4160 3603 3144 3429

Dec-19

2360 1928 2455 1748 2659 2895 2676 3467 2140 4466 2684 3219 3823

Jan-20

2278 1936 2513 1918 2785 3074 2849 3545 2112 4809 3014 3137 3840

Feb-20

1818162122561494221525892269280915702934249426143091

Mar-20

804807120274211561307107513117841325105110251633

Apr-20

82064010606981048102685613048811768109114031553

May-20

10687811278854138214671491170013292591134816402231

Jun-20

11708461228892139614171431178315122589182417403124

Jul-20