june 2015 - timesjobscontent.timesjobs.com/docs/recruitexjune2015.pdf · 2020-04-30 · executive...
TRANSCRIPT
JUNE 2015
About RecruiteX
Executive Summary
Recruitment Highlights – June 2015
Industry wise Recruitment Trends
Functional Area wise Recruitment Trends
Location wise Recruitment Trends
Experience wise Recruitement Trends
Contact Us
CONTENT JUNE 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 both 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.
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.
JUNE 2015
EXECUTIVE
SUMMARY
Talent demand in the IT/telecom and construction sector rose by 3 per cent in June 2015 even as overall hiring sentiments flattened across most key sectors, reveals the latest RecruiteX, the recruitment index of TimesJobs.com. Overall hiring activity witnessed a 2 per cent drop in June 2015. Among locations, metros reported significant hiring barring Delhi NCR, which reported 3 per cent drop during the month. Vadodara topped the list of top ten locations with 14 per cent rise in talent demand in month-over-month analysis. After months of sluggishness, hiring activity revived across experience categories in June 2015. Demand rose across experience categories, with candidates carrying over 20 years of experience leading the pack. Supply index witnessed a 9 per cent rise during the month. Retail and consumer durables/FMCG sectors reported the maximum rise in supply of talent during the month. These sectors witnessed an average rise of over 30 per cent in job-seeking activity in June 2015.
DEMANDOverall, hiring reported a drop during June 2015. Key employment sectors, functional areas and some key job hubs contributed to the drop in hiring activity.
n Among the top ten sectors, the IT/telecom and construction industry reported 3 per cent rise in hiring activity
n Hospitality professionals reported 9 per cent rise in demand. IT/telecom profiles witnessed 6 per cent rise in demand in June 2015
n Among top locations, Vadodara witnessed 9 per cent rise in demand. Among metros, Chennai reported 8 per cent rise in demand
n The June 2015 demand index was buoyant for candidates across experience categories. Candidates with over 20 years experience saw the highest jump in demand in June 2015
JUNE 2015
JUNE 2015
EXECUTIVE
SUMMARY
SUPPLYThe talent supply index registered 9 per cent rise in month-over-month analysis. Retail and consumer durables/FMCG industries were the significant contributors to this rise.
n Among top ten, the retail and consumer durables/FMCG industry witnessed maximum (over 30%) rise in supply of talent in June 2015
n Business management/consultants/freelancers reported maximum (over 30%) rise in job-seeking activity. Engineers witnessed 21 per cent rise in supply during June 2015
n Among top locations, Vadodara witnessed maximum (9%) rise in job-seeking activity. Chennai witnessed 8 per cent rise in supply of talent
n Supply of talent was sluggish across experience categories, excluding professionals with less than 2 and over 20 years of experience
RECRUITMENT
HIGHLIGHTS
230
194
158
122
86
50 Aug Sept Oct Nov Dec Jan Feb Mar Apr May Jun
Supplyn The supply index reported a 9 per cent rise during June 2015. The index closed at 180 points in June 2015 from 164 points recorded in May 2015
n Overall, supply remained buoyant, resulting in an average rise of 26 points during the month
n While the overall job-seeking activity was active, some functional areas, including sales and customer service, witnessed negative job-seeking activity during June 2015
Demandn The demand index posted negative momentum and was at 83 points, 2 points down from the previous month (May 2015)
n Demand has been slipping below the base mark of 100 (recorded in December 2010) since March 2015
n Some core and support roles such as IT/telecom, accounting and logistics witnessed a rise in demand across sectors during the month
The demand index fell across
major industries, functional areas
and locations during June
2015. However, unlike demand,
the supply index grew across
major sectors and profiles
JUNE 2015
2014 2015
83
180
JUNE 2015
200
90
Supply of talent
Demand for talent
Recruitment trend by
INDUSTRYDemand
reported a drop across most key industry
segments. BPO/ITeS and
consumer durables/
FMCG reported significant
a drop in demand during
the month. Supply was
active across most of the
major sectors
Supplyn Among top ten industries, the consumer durables/FMCG and retail industry reported maximum (over 30%) rise in supply of talent during the month
n The construction and automobile sectors posted 19 per cent and 18 per cent rise in supply, respectively, during the month
n BPO/ITeS was the only sector in top ten to post drop (7%) in job-seeking activity. Among other key sectors, manufacturing posted a 10 per cent rise in supply during June 2015
Demandn Among the top ten sectors, IT/telecom and construction registered maximum (3%) rise in hiring activity in June 2015. Travel & hospitality sector reported 2 per cent rise in demand
n The BPO/ITeS sector saw 6 per cent drop in hiring during the month. The consumer durables/FMCG sector reported 5 per cent drop in demand
n Among other key sectors, manufacturing and petrochemical saw stable (0%) hiring activity during the month
Demand SupplyINDUSTRY Dec’10 May’15 Jun’15 May’15 Jun’15IT/Telecom 100 q 90 p93 q 157 p167Manufacturing & Engineering 100 q 75 p75 q130 p 144BFSI 100 p 80 q 79 q 216 p 223CRM/CallCentres/BPO/ITES/Med.Trans 100 q 90 q 85 q 264 q 245Consumer Durables/FMCG 100 q 90 q 86 q 378 p 564Retailing 100 q54 q52 q 68 p 120Petrochemicals/ Oil and Gas/ Power 100 q75 p75 q 64 p 67Construction/Cement/Metal/Steel/Iron 100 q 67 p 69 q 96 p 115Projects/Infrastructure/Power/Energy 100 q55 p 55 q 85 p 85Healthcare/ Biotechnology/ Pharmaceutical 100 q85 q84 q 272 p 272Market Average 100 q85 q83 q164 p 180
JUNE 2015
Recruitment trend by
FUNCTION JUNE 2015
Supplyn Akin to demand, business management /consultants/freelancers witnessed a rise (over 30%) in supply. Hospitality professionals too posted 18 per cent rise
n Engineers posted 21 per cent rise in supply in June 2015. There has been a 2 per cent rise in their job-seeking activity since January 2015
n Akin to demand, sales/business development and customer service professionals posted drop (1-5%) in job-seeking activity
Demandn Among key functional areas, hospitality reported 9 per cent rise in demand during June 2015. Between January-June 2015, hiring was stable for this profile
n IT/telecom and business management/consultants/freelancers witnessed a 6 per cent rise in demand during June 2015
n Accounting & finance professionals reported 2 per cent rise in demand in June 2015. Customer service witnessed 8 per cent drop in demand
Demand SupplyINDUSTRY Dec’10 May’15 Jun’15 May’15 Jun’15IT/Telecom 100 q86 p90 q157 p163 Customer Service/ Tele Calling 100 q120 q111 q333 q317Hospitality 100 q50 p55 q255 p300Business Mgmt./ 100 q82 p87 q 154 p210 Consultants/FreelancersSales/Business Development 100 q132 q124 q168 q167Accounting & Finance 100 q70 p71 q265 p289 Entertainment/ Media 100 q74 q61 q247 p285Engineering 100 q68 q67 q215 p259 Front Office/ Administration 100 q84 q82 q371 p441Logistics/ Supply Chain 100 q59 p59 q180 p210 Management/ ProcurementMarket Average 100 q85 q83 q 164 p180
During June 2015, demand was
sluggish across key functional
areas. Hospitality professionals
posted significant rise in demand
during the month. Supply was also
active for this profile
Recruitment trend by
LOCATIONDemand
witnessed positive hiring
momentum in most major
locations during June
2015. Chennai and Vadodara
reported significant
rise in hiring during the
month. Supply index was also
buoyant across geographies
Supplyn Among top ten, Chennai registered the highest (20%) rise in job-seeking activity during June 2015. It reported over 30 per cent drop in supply last month
n Akin to demand, Delhi NCR was the only metro to post drop (1%) in job-seeking activity in June 2015. The city has posted an average 2 per cent drop since Jan 2015
n Vadodara saw 18 per cent rise in supply during June 2015, followed by Hyderabad (16%). Job-seeking activity was up 10 per cent in Mumbai and Bengaluru
Demandn Among top ten locations, Vadodara reported the maximum (9%) rise in demand during June 2015
n Among metros, Chennai posted highest rise (8%) in talent demand during the month. Delhi NCR was the only metro to reported drop (3%) in demand during June 2015
n Among other key locations, Lucknow saw maximum (14%) drop in demand. Chandigarh and Jaipur reported 8 per cent drop in demand during June 2015
Demand SupplyLOCATION Dec’10 May’15 Jun’15 May’15 Jun’15Delhi NCR 100 q67 q65 q179 q178Mumbai 100 q60 p63 q244 p269Bengaluru 100 q77 p83 q300 p331Chennai 100 q60 p65 q234 p281Pune 100 p91 q86 q212 p222Hyderabad/Secunderabad 100 p81 p87 q287 p334Ahmedabad 100 q110 p115 q164 p185West Bengal 100 p146 p149 q255 p290Maharashtra 100 q94 p106 q320 p436(Except Mumbai and Pune) Gujarat 100 q76 p82 q130 p190(Except Ahmedabad and Vadodara)Market Average 100 q85 q83 q164 p180
JUNE 2015
Recruitment trend by
EXPERIENCEDemand for
talent was active across experience
categories. Senior-level candidates
reported the maximum rise in
demand during the month. Supply
was low across most experience
categories
Supplyn Similar to demand, candidates with over 20 years experience reported maximum (12%) rise in job-seeking activity during the month
n Candidates with less than 2 years of experience reported an average 11 per cent rise in job-seeking activity during June 2015
n Candidates with 10-20 years of experience registered a 21 per cent drop in supply, followed by candidates with 5-10 years of experience (15%)
Demandn Candidates with over 20 years of experience reported maximum rise (14%) in demand during the month of June 2015
n Candidates with 10-20 years experience registered 5 per cent rise in demand during the month, followed by candidates with 5-10 years experience (3%)
n Candidates with 2-5 years of experience reported 2 per cent rise in demand in month-over-month analysis
Demand SupplyExperience May’15 Jun’15 May’15 Jun’15<2yrs 100 q98 p99 q309 p3432-5yrs 100 q77 p78 q163 q1585-10yrs 100 p60 p62 q76 q6510-20yrs 100 q53 p56 q58 q4620yrs+ 100 q54 p62 q52 p58Market Average 100 q85 q83 q164 p180
JUNE 2015
JUNE 2015
India’s leading e-recruitment jobs 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]