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Page 1: About RecruiteX - TimesJobscontent.timesjobs.com/docs/RecruiteXNov2015.pdf · BPO/ITeS BFSI Retail TOP PROFILES WITH DEMAND DROP WORST PERFORMING LOCATIONS ... Mumbai and Chennai

NOVEMBER 2015

Page 2: About RecruiteX - TimesJobscontent.timesjobs.com/docs/RecruiteXNov2015.pdf · BPO/ITeS BFSI Retail TOP PROFILES WITH DEMAND DROP WORST PERFORMING LOCATIONS ... Mumbai and Chennai

About RecruiteX

Hiring Trends

Executive Summary

Industry-wise Recruitment Trends

Functional Area-wise Recruitment Trends

Location-wise Recruitment Trends

Experience-wise Recruitement Trends

Contact Us

CONTENT NOVEMBER 2015

Page 3: About RecruiteX - TimesJobscontent.timesjobs.com/docs/RecruiteXNov2015.pdf · BPO/ITeS BFSI Retail TOP PROFILES WITH DEMAND DROP WORST PERFORMING LOCATIONS ... Mumbai and Chennai

NOVEMBER 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.

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

Page 4: About RecruiteX - TimesJobscontent.timesjobs.com/docs/RecruiteXNov2015.pdf · BPO/ITeS BFSI Retail TOP PROFILES WITH DEMAND DROP WORST PERFORMING LOCATIONS ... Mumbai and Chennai

Post festivities, talent demand dropped 9% in November 2015

HIRING

TRENDS NOVEMBER 2015

-9% Nov 2015

-1% Feb 2015

4% Sep 2015

-4% Mar 2015

0% Apr 2015

-12% May 2015

-4% Aug 2015

8% Jul 2015

2% Oct 2015

23% Entertainment/

media/journalism

11% IT/telecom

18% Customer service

/tele calling

BPO/ITeS BFSI Retail

TOP PROFILES WITH DEMAND DROP

WORST PERFORMING LOCATIONS

EXPERIENCE-WISE BREAK-UP

TOP SECTORS WITH NEGATIVE DEMAND

Mumbai

17% 12% 16% AhmedabadChennai

<2 years

2-5 years

5-10 years

10-20 years

>20 years

-16% -7% -7% -4% 2%

13% 11% 11%

-2% Jun 2015

Page 5: About RecruiteX - TimesJobscontent.timesjobs.com/docs/RecruiteXNov2015.pdf · BPO/ITeS BFSI Retail TOP PROFILES WITH DEMAND DROP WORST PERFORMING LOCATIONS ... Mumbai and Chennai

Talent demand dropped by 9 per cent during November 2015 as hiring activity slowed down across key sectors, reveals the latest RecruiteX, the recruitment index by TimesJobs.com. Overall, hiring activity reported stability since July 2015.

Among key sectors, BPO/ITeS, BFSI and retail posted significant drop in demand for talent. Entertainment/media/journalism posted the highest drop in talent demand during November 2015. Hospitality professionals were the only ones to defy the negative demand trend.

Among key locations, some tier II locations saw positive hiring activity while metros witnessed drop in talent demand. Mumbai and Chennai posted 17-18 per cent drop in demand during the month.

Hiring activity was sluggish across experience categories with candidates with less than 2 years of experience witnessing maximum drop in demand during the month. The category posted a drop of 16 per cent in month-over-month analysis, according to the latest RecruiteX by TimesJobs.com.

EXECUTIVE

SUMMARY NOVEMBER 2015

Page 6: About RecruiteX - TimesJobscontent.timesjobs.com/docs/RecruiteXNov2015.pdf · BPO/ITeS BFSI Retail TOP PROFILES WITH DEMAND DROP WORST PERFORMING LOCATIONS ... Mumbai and Chennai

February 2015 November 2015

110

100

90

80

83

101

Demand for talent

DEMANDn Among the key sectors, BPO/ITeS industry reported the highest (13%) drop in hiring. IT/telecom posted 10 per cent drop

n Entertainment/media/journalism professionals reported 23 per cent drop in demand. Customer service/tele calling professionals witnessed 18 per cent drop in talent demand

n Among top ten locations, Mumbai witnessed 17 per cent drop in demand. Among states, Andhra Pradesh (except Hyderabad) reported over 30 per cent drop in demand

n The November 2015 demand index was sluggish for candidates across experience categories, barring candidates with over 20 years experience. The category observed a 2 per cent rise in demand during the month

NOVEMBER 2015

EXECUTIVE

SUMMARY

Overall, hiring dropped during November 2015. Key employment sectors, core and support functions and key locations contributed to the drop in hiring activity

Page 7: About RecruiteX - TimesJobscontent.timesjobs.com/docs/RecruiteXNov2015.pdf · BPO/ITeS BFSI Retail TOP PROFILES WITH DEMAND DROP WORST PERFORMING LOCATIONS ... Mumbai and Chennai

Recruitment trend by

INDUSTRY NOVEMBER 2015

DEMANDn Among the top ten sectors, BPO/ITeS registered the highest (13%) drop in hiring activity during November 2015. BFSI and retail sectors reported 11 per cent drop in demand

n IT/telecom, automobile and consumer durables/FMCG sectors saw 10 per cent drop in hiring during the month

n Manufacturing sector reported 7 per cent drop in demand. Healthcare sector posted 6 per cent drop and infrastructure industry saw 5 per cent drop in demand

Demand reported drop across most key industry segments. BPO/ITeS, BFSI and retail were the worst performing sectors during November 2015

DemandINDUSTRY Oct’15 Nov’15

IT/Telecom p113 q102

Manufacturing & Engineering q77 q72

BFSI p 94 q 83

CRM/CallCentres/BPO/ITES p 105 q 92

Consumer Durables/FMCG q 91 q 82

Retailing q57 q51

Petrochemicals/ Oil and gas q73 q71

Construction/Cement/Metal /Steel p 65 q 64

Projects/Infrastructure/Power q53 q 50

Healthcare/ Biotech/ Pharma p94 q89

Market Average p91 q83Base Year Dec 2010=100

Page 8: About RecruiteX - TimesJobscontent.timesjobs.com/docs/RecruiteXNov2015.pdf · BPO/ITeS BFSI Retail TOP PROFILES WITH DEMAND DROP WORST PERFORMING LOCATIONS ... Mumbai and Chennai

Recruitment trend by

FUNCTION NOVEMBER 2015

DEMANDn Among key functional areas, entertainment/media/journalism reported 23 per cent drop in demand. This profile has witnessed an average 3 per cent drop since July 2015

n Customer service/tele calling professionals witnessed 18 per cent drop in demand during November 2015. IT/telecom professionals saw 11 per cent drop in demand

n Sales/business development professionals and logistics/supply chain management profiles reported 10 per cent drop in demand during the month

During November 2015, talent demand was low across key functional areas. Among top ten profiles, entertainment/media/journalism professionals saw the highest drop in demand during the month

DemandFUNCTION Oct’15 Nov’15IT/Telecom p110 q98Customer Service/ Tele Calling p142 q117Hospitality p56 p56Business Mgmt./Freelancers p102 p102Sales/Business Development q138 q124Accounting & Finance p78 q75Entertainment/ Media p76 q58Engineering p61 q59Front Office/ Administration p90 q84Logistics/ Supply Chain q63 q56Market Average p91 q83Base Year Dec 2010=100

Page 9: About RecruiteX - TimesJobscontent.timesjobs.com/docs/RecruiteXNov2015.pdf · BPO/ITeS BFSI Retail TOP PROFILES WITH DEMAND DROP WORST PERFORMING LOCATIONS ... Mumbai and Chennai

Recruitment trend by

LOCATION NOVEMBER 2015

DEMANDn Among top ten locations, Mumbai reported the maximum (17%) drop in demand during November 2015 while Chennai posted 16 per cent drop in demand

n Bengaluru and Hyderabad posted 7 per cent and 5 per cent drop in talent demand, respectively. Delhi NCR saw 11 per cent drop in demand during November 2015

n Among states, Andhra Pradesh (except Hyderabad) saw over 30 per cent drop in demand. Among tier II & III locations, Ahmedabad reported 12 per cent drop in demand during the month

Demand witnessed negative hiring momentum in most major locations during the month of November 2015. Among top ten, Mumbai was the worst performing location. Chennai followed closely

DemandLOCATION Oct’15 Nov’15Delhi NCR q67 q60Mumbai p77 q64Bengaluru p117 q109Chennai p71 q60Pune q106 q94Hyderabad p100 q95West Bengal q132 p160Maharashtra* q124 q122Ahmedabad p139 q123Indore q 59 p63Market Average p91 q83*(except Mumbai and Pune) Base Year Dec 2010=100

Page 10: About RecruiteX - TimesJobscontent.timesjobs.com/docs/RecruiteXNov2015.pdf · BPO/ITeS BFSI Retail TOP PROFILES WITH DEMAND DROP WORST PERFORMING LOCATIONS ... Mumbai and Chennai

Recruitment trend by

EXPERIENCE NOVEMBER 2015

DEMANDn Candidates with less than 2 years of experience reported the maximum (16%) drop in demand during November 2015

n Candidates with 2-5 years and 5-10 years experience witnessed 7 per cent drop in demand during the month

n Candidates with over 20 years of experience was the only segment to report a rise (2%) in demand

Demand for talent dropped across experience categories. Entry-level candidates reported the highest drop in demand during November 2015. The category had seen the maximum hiring during October 2015

DemandEXPERIENCE Oct’15 Nov’15 <2 years p110 q92

2-5 years p93 q87

5-10 years p72 q67

10-20 years p57 p57

Over 20 years q51 p52

Market Average p90 q83Base Year Dec 2010=100

Page 11: About RecruiteX - TimesJobscontent.timesjobs.com/docs/RecruiteXNov2015.pdf · BPO/ITeS BFSI Retail TOP PROFILES WITH DEMAND DROP WORST PERFORMING LOCATIONS ... Mumbai and Chennai

NOVEMBER 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 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]