10
SEPTEMBER 2016
SEPTEMBER 2016
n About RecruiteX
n Hiring Trends
n Executive Summary
n Recruitment Trends by Industry
n Recruitment Trends by Functional Area
n Recruitment Trends by Location
n Recruitment Trends by Experience
n Contact Us
CONTENTS
September 2016
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.
METHODOLOGYRecruiteX represents the demand aspects of recruitment. Demand for talent is computed by factoring activities of recruiters on TimesJobs.com. This demand 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.
ABOUT RECRUITEX
September 2016
TALENT demand dropped by 8 per cent during September 2016, as hiring activity lost pace across key
sectors, reveals latest RecruiteX, the recruitment index by TimesJobs. Legal/ law was the only sector to witness rise in hiring activity during September 2016. Entertainment,
media and journalism professionals reported rise in demand, while demand was stable for doctors, nurse, medical professionals and legal/law professionals during the month. Among locations, north-eastern states posted significant rise in talent demand. In top ten locations, Indore saw rise in demand while most other
key locations reported stable to negative hiring activity. Among states, Orissa and Maharashtra (except Mumbai and Pune) posted rise in talent demand. Hiring gained momentum for professionals with less than 2 years of experience, as other experience categories saw sluggish demand in September 2016.
North-eastern states saw heightened talent demand in
September 2016
EXECUTIVE SUMMARY
September 2016
n Legal/law sector posted 7% rise in talent demand.
n Entertainment, media, journalism professionals reported 3% rise in demand.
n Among north-eastern states Meghalaya witnessed 22% rise in demand.
n Candidates across experience categories saw drop in demand. Candidates with less than 2 years of experience posted 2% rise in demand.
DEMAND
Overall, hiring reported drop in September 2016. Low hiring across
key employment sectors and functional areas led to this drop.
EXECUTIVE SUMMARY
Sep 2016
Demand for talent
Sep 2015
September 2016
72
90
95.00
88.75
82.50
76.25
70.00
n Legal/law sector registered 7% rise in hiring during September 2016. Since May, the sector has posted an average 3% rise.
n Healthcare sector saw a 20% drop in talent demand. Real estate posted a significant 15% drop.
n IT/telecom sector posted 4% drop in demand. Consumer durables and retail sector saw 8% drop in demand
Talent demand reported drop across most key industry segments. Legal/ law was the
only sector to post rise in demand.
RECRUITMENT TREND BY INDUSTRY
Market Average n Aug 2016 n Sep 201679 72
IT/Telecom
Manufacturing & Engineering
BFSI
CRM/CallCentres/BPO/ITES /Med.Trans
Consumer Durables/FMCG
Retailing
Petrochemicals/ Oil and Gas/ Power
Automobiles/Auto Component/ Auto Ancillary
Projects/Infrastructure/ Power/Energy
Healthcare/ Biotechnology/ Pharmaceutical
9489
74
87
95
86
54
70
64
49
109
65
81
90
79
49
61
57
42
87
Aug 2016 Sep 2016
September 2016
Entertainment and media professionals were the most in-demand
profiles during the month.
RECRUITMENT TREND BY FUNCTION
n Entertainment, media, journalism profiles reported 3% rise in demand. The function reported an average 2% rise since June 2016.
n Engineers witnessed 19% drop in demand. The profile has reported an average 4% drop since June 2016.
n Sales profile saw 9% drop in demand and IT/telecom professionals saw 6% drop in demand.
.
Market Average n Aug 2016 n Sep 201679 72
IT/Telecom
Engineering
Accounting & Finance
Sales/Business Development
Banks/Insurance/ Financial Services
Marketing & Advertising
Customer Service/ Tele Calling
HR/PM/IR/Training/ T&D
Logistics/ Supply Chain Management/ Procurement
Quality Process/Control
7873
5242
6156
130118
5651
6054
10396
6862
5849
5245
Aug 2016 Sep 2016
September 2016
n North-eastern states posted significant rise in demand with Meghalaya witnessing 22% rise and Manipur reporting 9% rise.
n Among metros, Bengaluru witnessed highest drop (13%). Mumbai posted a 12% drop in demand.
n Orissa and Maharashtra saw 13% and 9% rise in talent demand respectively in September 2016
Demand witnessed negative hiring momentum in major locations. North-eastern states emerged as
best performing locations during the month.
RECRUITMENT TREND BY LOCATION
Market Average n Aug 2016 n Sep 201679 72
Delhi NCR
Mumbai
Bengaluru
Chennai
Pune
Hyderabad/ Secunderabad
Ahmedabad
Vadodara
Jaipur
Maharashtra (Except Mumbai and Pune)
70
66
101
62
86
89
140
72
89
99
69
58
87
62
77
83
135
61
86
108
Aug 2016 Sep 2016
Candidates with less than 2 years of experience was the only category to
wittness rise in demand in September 2016.
RECRUITMENT TREND BY EXPERIENCE
n Candidates with less than 2 years of experience reported 2% rise in talent demand in September 2016.
n Candidates with 10-20 years of experience witnessed 19% drop in demand and those with 2-5 years experience saw 8% drop.
n Candidates with over 20 years of experience reported 17% drop in demand during September 2016.
Market Average n Aug 2016 n Sep 201679 72
<2yrs
2-5yrs
5-10yrs
10-20yrs
20yrs+
9395
8578
696566
5365
54
Aug 2016 Sep 2016
September 2016
India’s leading recruitment portal TimesJobs.com brings ‘RecruiteX’ to give you a snapshot of hiring activity in India with complete analysis of demand 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. Mail us your suggestions at [email protected]
