Hiring & Attrition Trend Survey 2013-14 · Recruitment & RPO Payroll Processing ... Genius...

By Genius Consultants Ltd

Hiring & Attrition Trend Survey 2013-14

About Genius

Date of Establishment

27th July 1993

Head Quarter

Kolkata

Products

Temp Staffing

Recruitment & RPO

Payroll Processing

Statutory Compliance

Management

Background Check &

Verification

Turnover

360 Crores

Offices

16 in India

Manpower

250 Direct Employees

35000 Outsourced Associates

Contents

Survey –Scope & Methodology

Survey Highlights

Comparative Analysis

Survey –Scope & Methodology

Scope of the Survey

The Hiring &

Attrition Trend

Survey is an Annual

Survey conducted by

Genius Consultants

Ltd on Pan India

basis to understand

the hiring trend for

the current financial

year. This is the

Fourth year that the

survey is being

conducted.

Elements Detailed in the Hiring & Attrition Trend Survey 2013-14

•Hiring Trend for companies •Projected Increase in manpower strength •Experience band for hiring •Range of increments in compensation •Difficulties in Recruiting •Overall Attrition level for the FY:2012-13.

Survey Methodology

Survey Design

Finalisation of Sector

Invitation for participation

Data Collection & Validation

Analysis

The parameters of the study were finalized and a structured questionnaire was designed to be used as a primary data collection tool.

The sectors covered in the study were finalized along with the leading organizations from each sector.

A formal invitation e-mail was sent to the HR, CEO’s and MD’s of the organizations requesting for participation.

The response received from all participants was validated and checked for accuracy.

The data received was collated and analyzed to get detailed insights on Hiring & Attrition Trends

Hiring

and

Attrition

Trend

Survey

2013-14

Survey Methodology

Technology

• Web based.NET technology Used

• Database SQL Server 2005

• Language ASP.net C#

Industries

• Auto & Auto Ancilliary , Banking & Finance, Construction & Engineering, Education, FMCG, Hospitality,IT,ITES &BPO, Logistics & Supply Chain, Media, Oil & Gas, Pharma & Medical, Power &Energy, and Telecom.

Cities

• Kolkata , Chennai , Mumbai, Bangalore, New Delhi, Hyderabad, Ahmedabad and Pune.

Participation

• Mailer Sent to 2300 companies

• 720 companies participated

• Successful participation 564

Hiring Trend for companies for the FY:2013-14

Industry & Locations where both

new vacancies & replacement

hiring will take place

•Auto & Auto Ancilliary •Construction & Engineering •IT, ITes & BPO •Manufacturing •Media •Telecom

Bangalore, Kolkata, Mumbai, New Delhi, and Pune

Survey Highlights

57% believes that both

new vacancies and

replacement hiring will

take place.

Projected increase in manpower strength for the FY:2013-14

Industry & Locations where

there will be increase in

manpower strength

44% say that increase in

manpower strength will

be in between 1-15%

Bangalore, Hyderabad, Kolkata, Mumbai, New Delhi and Pune

•Auto & Auto Ancilliary •Construction & Engineering •FMCG •IT, ITes & BPO •Logistics & Supply Chain. •Manufacturing •Media (44%)

(24%)

(15%)

Experience Band for Hiring in the FY:2013-14

Industry & Locations which will

witness highest level of hiring.

46% say that highest

level of Hiring will take

place in the experience

band of 4-8 years.

•Auto & Auto Ancilliary •Banking & Finance •Construction & Engineering •FMCG •IT, ITes & BPO •Manufacturing •Media •Pharma & Medical

Bangalore, Chennai, Hyderabad, Kolkata, Mumbai ,New Delhi and Pune

Range of Increments in Compensation for the FY: 2013-14

Industry & Locations where

maximum increment will take

place. •Auto & Auto Ancilliary •Banking & Finance •Construction & Engineering, •IT, ITes & BPO

Bangalore, Chennai, Kolkata, Mumbai , New Delhi and Pune

40% say that

increments will range

from 5-10%

Difficulties in recruiting for the FY: 2013-14

Industry & Locations which

faced difficulties in recruiting.

•Construction & Engineering, •Education •Hospitality •Power & Energy

Ahmedabad, Bangalore, Chennai, Mumbai , New Delhi, Pune

26% says they will face

difficulties in recruiting in

the experience band 4-8

years

Overall Attrition Level for the FY: 2012-13

Industry & Locations where

maximum Attrition took place

•Aviation •Banking & Finance •Hospitality •IT, ITes & BPO

Mumbai ,Pune, Ahmedabad, Bangalore and New Delhi

30% say that the attrition rate was

in the range of 5-10% another 30%

say that attrition was less than 5%

:FY 2012-13 Vs FY 2013-14 Comparative Analysis