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AUGUST 2015

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Page 1: About RecruiteX - TimesJobscontent.timesjobs.com/docs/RecruiteXAug2015.pdf · ABOUT RecruiteX is the recruitment index for India. It is an analysis identifying the hiring activity

AUGUST 2015

Page 2: About RecruiteX - TimesJobscontent.timesjobs.com/docs/RecruiteXAug2015.pdf · ABOUT RecruiteX is the recruitment index for India. It is an analysis identifying the hiring activity

About RecruiteX

Executive Summary

Recruitment Highlights – August 2015

Industry-wise Recruitment Trends

Functional Area-wise Recruitment Trends

Location-wise Recruitment Trends

Experience-wise Recruitement Trends

Contact Us

CONTENT AUGUST 2015

Page 3: About RecruiteX - TimesJobscontent.timesjobs.com/docs/RecruiteXAug2015.pdf · ABOUT RecruiteX is the recruitment index for India. It is an analysis identifying the hiring activity

AUGUST 2015

ABOUTRecruiteX is the recruitment index for India. It is an analysis identifying the hiring activity and trends in India Inc. Based on tactful extraction and examination of jobs posted and applied for in a month, it details 'recruitment' as a process backed by hiring sentiments of a recruiter and aspirations of a job seeker. It is the only report which decodes the hiring trends in the country after evaluating the demand and supply of talent across industries.

METHODOLOGYRecruiteX represents the demand and supply aspects of recruitment. Demand for talent is computed by factoring activities of recruiters on TimesJobs.com.

The supply of talent is representative of activities conducted by job-seekers on TimesJobs.com. This demand and supply data is integrated with numbers collected by our offline team and then segregated according to top industry verticals, functional areas and locations.

The base value for the index has been kept at 100 for the month of December 2010. All RecruiteX values for subsequent months represent the trend of RecruiteX viz-a-viz December 2010. The supply data has been recalibrated in the month of August 2015 to incorporate market reality.

RecruiteX, in its most comprehensible format, is aimed to provide a detailed insight of the recruitment market in India to employers, recruiters and job seekers alike.

ABOUT

RECRUITEX

Page 4: About RecruiteX - TimesJobscontent.timesjobs.com/docs/RecruiteXAug2015.pdf · ABOUT RecruiteX is the recruitment index for India. It is an analysis identifying the hiring activity

HIRING DROPS by 4% in August 2015, few sectors buck the trend

HIRING

TRENDS AUGUST 2015

11% Jan 2015

8% Jul 2015

-1% Feb 2015

-4% Mar 2015

0% Apr 2015

-12% May 2015

-4% Aug 2015

-2% Jun 2015

-15% -12% -11%

Vadodara

-23% -18% Indore

-12%

Jaipur

Chandigarh

22% 5% Hyderabad

5% Maharashtra (except Mumbai &

Pune)

-18%

Engineers

-9%

Business management/

consultants

Hospitality

-7%

Projects/ infrastructure

Construction Petrochemicals/oil & gas

3% Customer

service/telecalling

2% Sales/BD

1% IT/telecom

3%

BFSI Logistics & warehousing

BPO / ITeS

1% 1%

PROFILES

INDUSTRY

LOCATIONS

Page 5: About RecruiteX - TimesJobscontent.timesjobs.com/docs/RecruiteXAug2015.pdf · ABOUT RecruiteX is the recruitment index for India. It is an analysis identifying the hiring activity

Talent demand dropped by 4 per cent during August 2015, as hiring activity slowed down across key sectors, reveals the latest RecruiteX, the recruitment index by TimesJobs.com.

Overall hiring activity witnessed a 1 per cent drop since January 2015. Among key sectors, projects/infrastructure/power/energy reported highest drop in demand followed by construction.

Engineers registered the maximum drop in demand. Business management/consultants/freelancers too posted significant drop in demand during August 2015.

Among key locations, Delhi NCR, Chennai, Vadodara, Jaipur and Indore saw notable drop in demand during the month.

Hiring activity was sluggish across experience categories barring the 2-5 years experience bracket, which reported a nominal rise in demand during August 2015.

Candidates with over 20 years of experience witnessed the maximum drop; they were sought-after during July 2015. The category posted a 19 per cent demand drop in month-over-month analysis.

Supply index witnessed a 3 per cent fall during the month, indicating a drop in job-seeking activity. Travel & hospitality and BPO/ITeS sectors reported the maximum drop.These sectors witnessed an average drop of 19 per cent in job-seeking activity during August 2015, according to the latest RecruiteX by TimesJobs.com.

EXECUTIVE

SUMMARY AUGUST 2015

Page 6: About RecruiteX - TimesJobscontent.timesjobs.com/docs/RecruiteXAug2015.pdf · ABOUT RecruiteX is the recruitment index for India. It is an analysis identifying the hiring activity

DEMANDn Among the key sectors, projects/infrastructure/power/energy industry reported 15 per cent drop in hiring

n Engineers reported 18 per cent drop in demand. Business management/consultant/freelancer profiles witnessed 9 per cent drop in demand

n Among top locations, Vadodara witnessed 23 per cent drop in demand. Among metros, Delhi NCR reported 4 per cent drop in demand

n The August 2015 demand index was sluggish for candidates across experience categories. Candidates with over 20 years of experience observed highest (19%) drop in demand during the month

AUGUST 2015

EXECUTIVE

SUMMARY

Overall, hiring reported 4% drop during August 2015. The demand index was up by 8% in July 2015. July was the only month after January 2015 to report rise in talent demand.

Page 7: About RecruiteX - TimesJobscontent.timesjobs.com/docs/RecruiteXAug2015.pdf · ABOUT RecruiteX is the recruitment index for India. It is an analysis identifying the hiring activity

AUGUST 2015

EXECUTIVE

SUMMARY

SUPPLYn Among top ten, the travel & hospitality industry witnessed the maximum (21%) drop in supply of talent during August 2015

n Hospitality professionals reported maximum (19%) drop in job-seeking activity. Front office/administration professionals saw 17 per cent drop in supply during August 2015

n Among top locations, Chandigarh witnessed maximum (33%) drop in job-seeking activity. Delhi NCR witnessed 14 per cent drop in supply of talent

n Supply of talent was low across most experience categories, with candidates with 2-5 years of experience reporting 13 per cent drop

The supply index registered 3 per cent drop in month-over-month analysis. Travel & hospitality and BPO/ITeS industries were the significant contributors to this drop in supply of talent.

Page 8: About RecruiteX - TimesJobscontent.timesjobs.com/docs/RecruiteXAug2015.pdf · ABOUT RecruiteX is the recruitment index for India. It is an analysis identifying the hiring activity

RECRUITMENT

HIGHLIGHTS

Supplyn The supply index reported a drop of 3 per cent. The index closed at 78 points in August 2015 from 81 points recorded in July 2015

n Overall, supply remained sluggish, resulting in an average drop of 3 points. Since January 2015, the supply of talent has reported an average 8 per cent drop

n Amid negative sentiments, some sectors including IT/telecom, retail, logistics & warehousing and projects/infrastructure witnessed rise

Demandn The demand index posted negative momentum and was at 87 points, 3 points down from the previous month (July 2015)

n Demand has been slipping below the base mark of 100 (recorded in December 2010) since March 2015

n Industry specific core roles such as engineering, logistics/supply chain management and hospitality saw significant drop in demand during the month

AUGUST 2015

October 2014 August 2015

The demand index dropped across major industries, functional areas and locations during August 2015. Similar to demand, the supply index also declined across major sectors and profiles.

120

100

80

60

8789

78Supply of talent

Demand for talent

78

Page 9: About RecruiteX - TimesJobscontent.timesjobs.com/docs/RecruiteXAug2015.pdf · ABOUT RecruiteX is the recruitment index for India. It is an analysis identifying the hiring activity

Recruitment trend by

INDUSTRY AUGUST 2015

SUPPLYn Among top ten industries, the travel & hospitality industry reported maximum (21%) drop in supply of talent, followed by healthcare/biotechnology sector (9%), during August 2015

n The retail sector posted over 30 per cent rise in supply during the month. Consumer durables/FMCG sector witnessed 13 per cent rise in job-seeking activity

n The BPO/ITeS sector reported 17 per cent drop in supply of talent, while supply was stable in the automobile sector

DEMANDn Among the top ten sectors, projects/infrastructure registered maximum (15%) drop in hiring activity during August 2015. Petrochemicals/oil and gas sector reported 11 per cent drop in demand

n The IT/telecom and retail sector saw stable (0%) hiring during the month. The logistics & warehousing and healthcare sector reported 1 per cent rise in demand

n Among other key sectors, manufacturing and automobile posted 7 per cent drop in hiring activity

Demand reported drop across most key industry segments. Projects/infrastructure and petrochemicals/oil & gas sectors reported significant drop in demand during the month. Supply was also low across most major sectors.

Demand SupplyINDUSTRY Jul’15 Aug’15 Jul’15 Aug’15

IT/Telecom p 102 p102 p 102 p104

Manufacturing & Engineering p 81 q76 p78 q 72

BFSI p 86 p 88 p 59 q 57

CRM/CallCentres/BPO/ITES/Med.Trans p 94 p 94 p 44 q 36

Consumer Durables/FMCG p 93 p 93 p 276 p 311

Retailing p56 p56 p 84 p 110

Petrochemicals/ Oil and gas p80 q71 p 40 q 38

Construction/Cement/Metal /Steel/Iron p 73 q 65 p 58 q 54

Projects/Infrastructure/Power/Energy p58 q 49 p 34 p 36

Healthcare/ Biotechnology/ Pharma p93 p95 p 64 q 59

Market Average p90 q87 p81 q 78Base Year Dec 2010=100

Page 10: About RecruiteX - TimesJobscontent.timesjobs.com/docs/RecruiteXAug2015.pdf · ABOUT RecruiteX is the recruitment index for India. It is an analysis identifying the hiring activity

Recruitment trend by

FUNCTION AUGUST 2015

SUPPLYn Hospitality professionals saw highest (19%) drop in job-seeking activity. Front office/administration professionals posted 17 per cent drop in supply

n Marketing & advertising profiles posted 5 per cent drop in supply. IT/telecom profiles saw 1 per cent drop in supply

n Entertainment/media/journalism professionals posted 22 per cent rise in job-seeking activity. Unlike demand, engineers posted 4 per cent rise in supply

DEMANDn Among key functional areas, engineers reported 18 per cent drop in demand. Between Jan-Aug 2015, this profile witnessed 4 per cent drop in demand

n Business management/consultants/freelancers witnessed 9 per cent drop in demand. Hospitality professionals saw 7 per cent drop in demand

n IT/telecom professionals reported 1 per cent rise in demand. Customer service (3%) and sales/BD (2%) professionals also witnessed rise in demand

During August 2015, demand was sluggish across key functional areas. Engineers posted highest drop in demand during the month. Supply was also inactive for most key profiles.

Demand SupplyFUNCTION Jul’15 Aug’15 Jul’15 Aug’15IT/Telecom p96 p97 p104 p104Customer Service/ Tele Calling p120 p124 p59 q55Hospitality q54 q50 p81 q66Business Mgmt./ Consultants/Freelancers p94 q85 p 57 q55Sales/Business Development p137 p139 p39 q37Accounting & Finance p74 p74 p70 q65Entertainment/ Media p71 q68 p161 p195Engineering p69 q56 p139 p144Front Office/ Administration p88 q81 p113 q93Logistics/ Supply Chain Management p70 q66 p77 q74Market Average p90 q87 p 81 q78Base Year Dec 2010=100

Page 11: About RecruiteX - TimesJobscontent.timesjobs.com/docs/RecruiteXAug2015.pdf · ABOUT RecruiteX is the recruitment index for India. It is an analysis identifying the hiring activity

Recruitment trend by

LOCATION AUGUST 2015

SUPPLYn Among top ten, Chandigarh registered the highest (over 30%) drop in job-seeking activity during August 2015

n Delhi NCR saw 14 per cent drop in supply during the month. Between Jan-Aug 2015, the region posted an average 11 per cent drop in supply

n Jaipur reported 11 per cent drop in supply during August 2015, while job-seeking activity in Chennai was down by 3 per cent

DEMANDn Among top ten locations, Vadodara reported the maximum (23%) drop in demand during August 2015

n Among metros, Delhi NCR posted highest drop (4%) in talent demand during the month. Bengaluru was the only metro to reported rise (2%) in demand

n Among other key locations, Mumbai saw 1 per cent drop in demand. Indore reported 18 per cent drop in demand during August 2015

Demand witnessed negative hiring momentum in most major locations during August 2015. Tier II and III locations were the worst performing job hubs during the month. Supply index was also down across geographies.

Demand SupplyLOCATION Jul’15 Aug’15 Jul’15 Aug’15Delhi NCR p69 q66 p104 q90Mumbai p70 q69 p118 q109Bengaluru p95 p97 p152 q151Chennai q62 q61 p185 q180Pune p98 q96 p108 q106Hyderabad q78 p82 p200 q194Ahmedabad p118 q107 p145 q126West Bengal p159 q150 p111 q105Maharashtra (except Mumbai and Pune) p120 p126 p207 p244Gujarat (except Ahmedabad and Vadodara) p82 q72 p207 q187Market Average p90 q87 p81 q78Base Year Dec 2010=100

Page 12: About RecruiteX - TimesJobscontent.timesjobs.com/docs/RecruiteXAug2015.pdf · ABOUT RecruiteX is the recruitment index for India. It is an analysis identifying the hiring activity

Recruitment trend by

EXPERIENCE AUGUST 2015

SUPPLYn Candidates with over 20 years experience reported the maximum (12%) rise in job-seeking activity followed by candidates with 10-20 years experience (4%)

n Candidates with 2-5 years experience reported the highest drop (13%) in job-seeking activity during August 2015

n Candidates with 0-2 years and 5-10 years of experience registered a 2 per cent drop in supply during August 2015

DEMANDn Candidates with over 20 years of experience reported maximum drop (19%) in demand during August 2015

n Candidates with 10-20 years experience registered 10 per cent drop in demand during the month

n Candidates with 5-10 years and 0-2 years experience reported 4 per cent drop in demand. Candidates with 2-5 years experience reported nominal rise (1%) in demand

Demand for talent dropped across experience categories. Senior-level candidates reported the maximum drop in demand during the month. Supply was also sluggish across most experience categories.

Demand SupplyEXPERIENCE Jul’15 Aug’15 Jul’15 Aug’15

<2 years p99 q95 p140 q137

2-5 years p86 p87 q51 q44

5-10 years p68 q65 q36 q35

10-20 years p62 q56 q32 p34

Over 20 years p70 q57 p55 p61

Market Average q90 q87 p81 q78Base Year Dec 2010=100

Page 13: About RecruiteX - TimesJobscontent.timesjobs.com/docs/RecruiteXAug2015.pdf · ABOUT RecruiteX is the recruitment index for India. It is an analysis identifying the hiring activity

AUGUST 2015

India’s leading recruitment portal TimesJobs.com brings ‘RecruiteX’ to give you a snapshot of the hiring activity in India with a complete

analysis of demand and supply in relation to major industries, functional areas, locations and experience.

Contact Us

We look forward to your feedback and suggestions to make this report more comprehensive and useful in the coming months. Please mail us at [email protected]