recruitment as a career in india
TRANSCRIPT
8/7/2019 Recruitment as a Career in India
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Shaping the most vital power Shaping the most vital power ± ± The Manpower The Manpower
1
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Recruitment process Outsourcing Recruitment process Outsourcing
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Ex ecutive Recruitment Industry Ex ecutive Recruitment Industry
OverviewOverviewy Definition of Recruitment
y Industry Constituents
y
Industry Size ± India / Globaly Selection / Staffing / Search
y Recruitment Industry±Career choice?
y Summary
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Executive RecruitmentExecutive Recruitment--
DefinitionDefinitiony Executive recruitment consulting is a specialized
profession that helps client organizations to identify,evaluate, and recruit executives at various levels.
y Executive Recruitment consultants work only on behalf of organizations on a retained or contingency basis & neveron behalf of individuals seeking employment
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Industry Constituents
Staffing
Selection
Search
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Industry Constituents : Does not
include:
yLabour Recruitment
yPlacement Services
± Candidates Pay
yRecruitment Advertising
± Print & ElectronicyDirect Recruitment by Company
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Industry Size (Rs Crores)
Selection 400
Staffing 1400
Search 200
Total 2000
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Global Industry SizeGlobal Industry Size -- More than US$ 160 Billion~ 700,000 crores
Search + Selection
1. US $ 14 Billion ( INR 63 K Cr.)
2. 5000 + firms
3. Nearly 75% Contingency firms & 50%Retainer Firms ; less than $ 1 Million
revenue.
4. Largest firm shall have about 5: share
Big 5 firms combined Revenue US $ 2 Billion
Staffing
We're the jobs people. Staffing companies match millions of people
to millions of jobs.
1. 2.9 million people per day areemployed by staffing companies.
2. 12 million temporary andcontract employees are hired by
U.S. staffing firms over the courseof a year.
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Global Industry SizeGlobal Industry Size -- Top PlayersTop Players -- WorldwideWorldwide
Search + Selection
1. Korn/Ferry
2.Spencer Stuart
3. Heidrick & Struggles
4. Egon Zender
5. Russell Reynolds
St ffi
1. A ecc U $ 20. Billi
2. Ma er U $ 12.5 Billi
3. Ve i r U $ 7.5 Billi
a sta U $ 6.6 Billi
5. Kelly U $ .3 Billi
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Ask someone with 10-15 years
experience,if they could have seen the future in
1990,
what industry would the career choicehave been?
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A large percentage will say
IT
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yIs it possible that in 2 2 ,many people would look backand say that
in 2 -10, they should havechoosen theRecruitment Industry as theircareer choice ?
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Lets compare IT Industry in
1990s with Recruitment IndustryToday
y1991IT Industry ~ 2000 croresy2006 Recruitment Industry is ~
2000 crores
---------------y2006IT Industry~125,000 crores
y
2020Recruitment Industry ???
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Lets compare IT Industry in
1990s with Recruitment IndustryToday
E PLOY ENT
y 1991 IT Industry ~ 25,000 peopley 2006 Recruitment Industry ~ 25,000
people +Temp staff~100,000+ assoc.---------------y 2006 IT Industry ~ 1.3 million peopley 2020 Recruitment Industry ???
10 m jobs in 5 years-if labour reforms
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Lets compare IT Industry in
1990s with Recruitment IndustryToday
y1991 IT Industry was less than 1% of the Global IT Industry
y2006 Recruitment Industry is lessthan 1% of the Global RecruitmentIndustry
S o great Growth opportunities
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Lets compare IT Industry in
1990s with Recruitment IndustryToday
y1991 Nasscom had 94 memberscontributing around 65-70% of the software revenue
y2006 ER A has about 120 members contributing around65-70% of the Recruitment
Industry revenue
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Lets compare IT Industry in
1990s with Recruitment IndustryToday
y1990s Most of the top GlobalMNCs in IT increased focus onIndia operations
y2006 Most of the Global MNCsin Recruitment Search /Staffing have increased focus on
India operations.
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Lets compare IT Industry in
1990s with Recruitment IndustryToday
y1990-2000 Nasscom worked with Govtfor suitable changes in policy to enablegrowth of IT / ITES industries
y
2006-2015 ER A
will work withgovernment for suitable changes in policy - Labour reforms to enable growth of recruitment industry - temporary
staffing, employment, etc.
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ySo make the Right Career Choice
Today Choose Recruitment Industry Today,
so you dont regret in 2020
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Ever Thought??
Entry
Chance / Choice
A ccidental / Pre - Planned
A t Work
K Y I
K YC
Exit
Tenure
Enrichment
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Mushrooming Mushrooming - RPO
Entry Exit
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Reasons for THE FL WS/Challenges inReasons for THE FL WS/Challenges in
the industry:the industry:
1. Mushrooming i.e. Popping p of the New SmallPlayers in the form
y
One Man Show Firmsy Freelancers
2. Pop In Firms : Pop Out Firms :: 4 : 8
3. Industry not Glorified
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Solution/Justification available as againstSolution/Justification available as against
these Flaws/Challengesthese Flaws/Challenges
y Darwins Theory survival of the Fittest
y Consulting / Corporates
y Specialist / Generalist
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Sunil Bharti Mittal
Born 23 October 1957 (age 52)Ludhiana, Punjab, India
Residence SouthDelhi, India
Alma mater Punjab niversity [1]
Occupation Chairman of Bharti A irtel
Net worth US$7.8 billion (2010)[2]
Spouse(s) Nyna[1]
Children 3[1]
W ebsite www.airtel.in
Notes[3]
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Consulting V/s Corporate
BIG 4¶s
Financial
E & Y, PWC, BMR, Delliote, GoldMan Sachs
A dvertising
Lowe Lintas, Mudra, Bates 14,Beehive, Oglivy
HumanResource
Planman, Manpower, DimensionsHR D, Career Shapers
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Corporate V/s Consulting
Profile Snapshot
Role Specialist / Generalist
Growth
Your growth directly proportionate to Firms Growth ornot?
D ynamism Industry specific / Limited to One Co
Learning
New Client New Challenge : Consulting
Expansion Challenge : Corporate
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If you have/are If you have/are -y Knowledge
y Common Sense in abundance
y Perseverance
y Organized
y Creative
yGood Networking skills
y Confident
You can be a good HeadhunterYou can be a good Headhunter
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Can u see
your career in theRecruitment Industry,
when u see the news ?
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Only NEWS or Potential Business?Only NEWS or Potential Business?
y BMW to roll out electric car in 2013
y L&T plans JV with Japan'sMHI to produce industrial tyres
y TVSMotor to spend 1.75 bn rupees in FY 11 on expansion
y Haier to start making AC, washing machines in India
y Panacea gets Rs 100 mn grant for swine flu vaccine
y Piramal to acquire Anesthic Biz of Bharat Swrums
y Videocon Launches GSM Mobile Services in Punjab and
Haryana
y Nokia Siemens to pump Rs 105 cr. more into Chennai plant
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E
T CORPORATE
DOSSIE
R Today Top Page Only 2 stories
y
1. Trends: India Story Part II - The techiesformed the first wave. Now it's the turn of managers. The whole world is a drop zonefor Indian talent, MNCs discover.
y
2. Global CEO: The Matchmaker - The bigkahuna (expert) of head hunting, Thomas JNeff, chairman, Spencer Stuart, tells us howhe lands the big fish.
Opportunities for Recruiters
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Todays Economic TimesyHeadline: MastheadInsurers fail to get a grip
of attritiony "Microsoft has always been envied - till Google
came along - for its ability to hire the bestbrains in the world.."
y "US cuts visa fee for non-immigrant visa"yCII study: Biggest challenge for booming
economy "Talent shortage haunts India Inc"Opportunities for Recruiters
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Todays Economic Timesy India, Belgium to sign social security pact -
Indian professionals on contracts upto 5 years
do not need to pay social security. PChidambaran, Finance Minister: "It will serve asa model for similar agreements with othercountries".
y "Nearly 30% of all computer science graduatesin the world are passing out of IndianUniversities
Opportunities for Recruiters
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So make the Right Career Choice
Today ±
Choose the Recruitment IndustryToday,
so you don¶t regret in 2020
Summary