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TRANSCRIPT
DECEMBER 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
December 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
December 2016
Talent demand dropped by 6 per cent during December 2016 as hiring activity slowed down across key sectors, reveals latest
RecruiteX - the recruitment index by TimesJobs. Consulting, healthcare and logistics were the key sectors to post rise in demand during the month. Real estate sector saw
maximum drop in talent demand followed by travel and hospitality sector. Business management, consultants, freelancers and HR professionals reported 12 per cent rise in demand during the month. Demand was also up for quality control, banking, insurance and financial services professionals. Among locations, Tier II locations
posted maximum rise in talent demand. Most metros posted rise in demand, except Chennai. Hiring gained momentum for experienced professionals, with over 2-5 years and 10-20 years of experience professionals registering maximum rise in demand. Demand for less than 2 years of experience bracket saw 12 per cent drop in hiring.
Middle level professionals saw maximum rise in demand
during December 2016
EXECUTIVE SUMMARY
December 2016
n Consulting sector posted 14% rise in talent demand.
n Business management professionals reported 12% rise in demand.
n Vadodara witnessed 27% rise in talent demand.
n Candidates with 2-5 years of experience posted 11% rise in demand.
DEMAND
Overall, hiring reported drop during December 2016. Slow hiring activity across key employment sectors and functional areas contributed to the
drop in talent demand.
EXECUTIVE SUMMARY
Dec 2016
Demand for talent
Dec 2015
December 2016
73.00
85.19
90.00
85.00
80.00
75.00
70.00
n Consulting sector posted 14% rise in demand during December 2016. The sector reported an average 1% rise since June 2016.
n Healthcare sector registered 3% rise in hiring during the month. The sector reported an average 2% rise since June 2016.
n Logistics and warehousing sector saw 1% rise in talent demand. It has registered stable hiring trends during 2016.
Talent demand reported drop across most key industry segments. Consulting sector
posted highest rise in talent demand during December 2016.
RECRUITMENT TREND BY INDUSTRY
Market Average n Nov 2016 n Dec 201678 73
IT/Telecom
Manufacturing & Engineering
BFSI
CRM/CallCentres/BPO/ITES /Med.Trans
Consumer Durables/FMCG
Consulting services
Petrochemicals/ Oil and Gas/ Power
Construction/Cement/Metal/Steel/Iron
Projects/Infrastructure/ Power/Energy
Healthcare/ Biotechnology/ Pharmaceutical
10090
68
83
92
82
96109
71
64
50
89
67
83
90
79
109
66
57
45
91
Nov 2016 Dec 2016
December 2016
Demand fell across key functional areas. Business, management, consultants and
freelancers were the most in-demand profiles during the month.
RECRUITMENT TREND BY FUNCTION
n Business, management, consultants and freelancers reported 12% rise in demand in December 2016.
n HR profiles also witnessed 12% rise in demand during the month. Engineers saw 4% rise in demand.
n Banks, insurance and financial services profile saw 9% rise. The demand grew significantly during the last two months.
Market Average n Nov 2016 n Dec 201678 73
IT/Telecom
Customer Service/Tele Calling
Hospitality
Business Mgmt./Consultants/Freelancers
Sales/Business Development
Accounting & Finance
Entertainment/Media/ Journalism
Engineering
HR/PM/IR/Training/T&D
Bank/Insurance/Financial Services
7477
9794
3940
6370
108113
6259
4952
4244
5663
4751
Nov 2016 Dec 2016
December 2016
n Vadodara posted significant rise in demand with a 27% growth during the month.
n Indore witnessed a 23% rise in demand and Lucknow saw an 8% rise in talent demand during the month.
n Among metros, Mumbai saw maximum rise of 16% in talent demand. Chennai was the only metro to witness drop.
Demand witnessed negative hiring momentum in most major locations.
Vadodara was the best performing location, during the month.
RECRUITMENT TREND BY LOCATION
Market Average n Nov 2016 n Dec 201678 73
Delhi NCR
Mumbai
Bengaluru
Chennai
Indore
Vadodara
Pune
Lucknow
Ahmedabad
Hyderabad
65
56
100
60
59
59
81
64
124
84
67
65
104
53
73
75
73
69
129
81
Nov 2016 Dec 2016
December 2016
Talent demand rose across experience categories, barring candidates with less
than 2 years of experience, during December 2016.
RECRUITMENT TREND BY EXPERIENCE
n Candidates with 2-5 years of experience reported 11% rise in talent demand during December 2016.
n Candidates with 10-20 years of experience witnessed 10% rise. Those with 5-10 years of experience saw 5% rise.
n Candidates with over 20 years of experience reported 9% rise in demand during December 2016.
Market Average n Nov 2016 n Dec 201678 73
<2yrs
2-5yrs
5-10yrs
10-20yrs
20yrs+
9483
7684
6366
5662
5456
Nov 2016 Dec 2016
December 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]