4th Hiring, Attrition & Compensation Trend Survey : 2015-16

By Genius Consultants Ltd.

About Genius

Date of Establishment

27th July 1993

Head Quarter

Kolkata

Products

Temporary Staffing

Recruitments

Background Checks

Payroll Processing

Compliance Management

HRMS & Payroll Software

Turnover

Rs. 521 Crores

Offices

17 in India

Manpower

300 Direct

40,000 Associates

Contents

Survey –Scope & Methodology

Survey Highlights

Survey –Scope & Methodology

Scope of the

Survey

The Hiring &

Attrition &

Compensation

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 : 2015-16

➢Hiring Trend for companies

➢Projected increase in Manpower Strength

➢Experience band for hiring

➢Range of increments in compensation

➢Male & Female Hiring Ratio

➢Candidate Sourcing avenues

➢Difficulties in recruiting

➢Overall Attrition level for the FY : 2014-15

➢Anticipated level of Attrition for the FY: 2015-16

Parameters

• Hiring Trend• Compensation• Attrition

Participation

Mailer Sent to 3200 companies714 companies participatedSuccessful participation 602

Technology

• Web based.NET technology Used• Database SQL Server 2008R2• Language ASP.net C#

Industries

• Auto & Auto Ancilliary, Banking & Finance, Construction &Engineering, Education/Teaching/Training, FMCG, Hospitality, HRSolutions, IT,ITES &BPO, Logistics, Manufacturing, Media, Oil &Gas, Pharma & Medical, Power & Energy, Real Estate, Retail,Telecom.

Cities

• Kolkata , Chennai , Mumbai, Bangalore, New Delhi, Hyderabad,Ahmedabad, Lucknow, Coimbatore, Chandigarh, JamsedpurGuwahati, Bhubaneswar and Pune.

Survey Methodology

Hiring Trend for companies for the FY : 2015-16

Both new vacancies and replacement

hiring will take place50%

New vacancies will be created

22%

Replenishment hiring against attrition will

take place21%

No Hiring 5%

Layoffs will happen

2%

Survey Highlights

50% Both new vacancies

and replacement hiring will take

place

Industries where both new vacancies andreplacement hiring will take place:

IT/ITES/BPOManufacturing,Banking & Finance

Locations where both new vacancies andreplacement hiring will take place:

New DelhiKolkataChennai

Projected increase in Manpower Strength for the FY:2015-16

Increase within (1 - 15%)

51%

Increase within (16 - 24%)

17%

No Increment in Manpower

14%

Increase within (25 - 30%)

13%

Increase above Above 30%

5%

51% say that increase in

manpower strength will be in between 1-15%

Industries where IncreaseWithin (1-15%) will happen :

IT/ITES/BPOManufacturing,Construction & Engineering

Locations where Increase Within(1-15%) will happen :

New DelhiKolkataMumbai

Experience Band for Hiring for the FY : 2015-16

4- 8 years41%

1- 3 years30%

Freshers14%

8-15 years14%

15 years and above1%

41% say that highest level of hiring

will take place in the experience band of

4-8 years.

Increments within

(10% to 15%)48%

Increments within

(5% to 10%)29%

Increments within

(15% to 20%)11%

Increments Less Than (5%)

10%

Increments (20% ) upwards

2%

48% say that increments in

compensation will range from

10-15%.

Range of Increments in Compensation for the FY : 2015-16

Industries where maximum increment in compensation will take place:

IT/ITES /BPOBanking & FinanceConstruction & Engineering

Candidates Sourcing Avenues for the FY:2015-16

23%

20%

15%

15%

10%

9% 8%

Job Portals 23%

Consultants 20%

Campus 15%

Social Media 15%

Referral 10%

Advertisements 9%

Internal Recruitment 8%

Projected Trend in Hiring Male & Female Candidates in FY : 2015-16

80%

20%

Male 80% Female 20%

Difficulties in recruiting for the FY: 2015-16

4- 8 years33%

8 - 15 years25%

1-3 years20%

15 years and above14%

Freshers8%

33% says they will face

difficulties in recruiting in the experience band of 4-8

years.

Industries where difficulties in Recruitments will take place:

Construction & EngineeringManufacturingPharma & Medical

Overall Attrition level for the FY: 2014-15

32% say that attrition rate was

between 5% - 10%

(5%-10%)32%

(10% to 15%)27%

(Less than 5%)23%

(15% to 20%)11%

(Above 20%)7%

Anticipated Attrition for the FY: 2015-16

(5% to 10%)38%

(10% to 15%)27%

(Less than 5%)16%

(15% to 20%)12%

(Above 20%)7%

38% say that attrition rate will be

In between 5% to 10%.