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APRIL 2015

APRIL 2015 - content.timesjobs.comcontent.timesjobs.com/docs/RecruiteXApril2015.pdf · Recruitment Highlights – April 2015 Industry wise Recruitment Trends Functional Area wise

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Page 1: APRIL 2015 - content.timesjobs.comcontent.timesjobs.com/docs/RecruiteXApril2015.pdf · Recruitment Highlights – April 2015 Industry wise Recruitment Trends Functional Area wise

APRIL 2015

Page 2: APRIL 2015 - content.timesjobs.comcontent.timesjobs.com/docs/RecruiteXApril2015.pdf · Recruitment Highlights – April 2015 Industry wise Recruitment Trends Functional Area wise

About RecruiteX

Executive Summary

Recruitment Highlights – April 2015

Industry wise Recruitment Trends

Functional Area wise Recruitment Trends

Location wise Recruitment Trends

Experience wise Recruitement Trends

Contact Us

CONTENT APRIL 2015

Page 3: APRIL 2015 - content.timesjobs.comcontent.timesjobs.com/docs/RecruiteXApril2015.pdf · Recruitment Highlights – April 2015 Industry wise Recruitment Trends Functional Area wise

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. It is the only report which decodes the hiring trends in the country after evaluating the demand and supply of talent across industries.

METHODOLOGYRecruiteX represents both demand and supply aspects of recruitment. Demand for talent is computed by factoring activities of recruiters on TimesJobs.com. The supply of talent is representative of activities conducted by job seekers on TimesJobs.com.

This demand and supply data 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.

APRIL 2015

Page 4: APRIL 2015 - content.timesjobs.comcontent.timesjobs.com/docs/RecruiteXApril2015.pdf · Recruitment Highlights – April 2015 Industry wise Recruitment Trends Functional Area wise

EXECUTIVE

SUMMARY

The demand for IT/telecom professionals rose by 2 per cent in April 2015 even as overall hiring sentiments stabilised across functions, reveals RecruiteX data, the recruitment index of TimesJobs.com. Year-on-year (April 2014 to April 2015), talent demand in the IT industry has increased by an average of 1 per cent. Media & entertainment professionals also saw a jump of 5 per cent in demand during April 2015. Among key sectors, IT/telecom posted 3 per cent rise in demand during the month. Among locations, Delhi NCR was the only metro to register rise in demand in the month-on-month analysis. Demand dropped across experience categories, barring candidates with 0-2 years of experience. Supply index witnessed a 16 per cent increase during the month, indicating rise in job-seeking activity. BFSI, petrochemical, logistics & warehousing sectors reported the maximum rise in supply of talent during the month. These sectors witnessed an average rise of over 20 per cent in job-seeking activity, according to the current RecruiteX by TimesJobs.com.

DEMANDOverall, hiring was stable during April 2015, key employment sectors, functional areas and major job hubs contributed to the stability in hiring activity.

n Among the top ten sectors, IT/telecom reported 3 per cent rise in hiring while it was stable in BFSI, ITeS and FMCG sectors (0%)

n IT/telecom professionals reported 2 per cent rise in demand. Sales/business development profiles witnessed 3 per cent rise in talent demand in April 2015

n Among metros, Delhi NCR witnessed 13 per cent rise in demand. Among other top locations, Vadodara reported maximum (18%) rise in demand followed by Chandigarh (15%)

n The April 2015 demand index was sluggish for candidates across experience categories. Candidates with less than 2 years of experience was the only category to see a rise in demand in April 2015

APRIL 2015

Page 5: APRIL 2015 - content.timesjobs.comcontent.timesjobs.com/docs/RecruiteXApril2015.pdf · Recruitment Highlights – April 2015 Industry wise Recruitment Trends Functional Area wise

APRIL 2015

EXECUTIVE

SUMMARY

SUPPLYThe supply index registered 16% rise in month-over-month analysis. BFSI, logistics & warehousing and petrochemical industries were the significant contributors to this rise in supply of talent.

n Among top ten, the BFSI industry witnessed maximum (28%) rise in supply of talent, followed by petrochemicals (20%)

n Business management/consultants/freelancers reported maximum (29%) rise in job-seeking activity. Demand for engineers witnessed 22 per cent rise in demand during April 2015

n Among top locations, Lucknow witnessed maximum (25%) rise in job-seeking activity. Delhi NCR witnessed a 15 per cent rise in supply of talent

n Supply of talent was encouraging for candidates with less than 2 years of experience. The category reported an increase of 15 per cent in job-seeking activity during April 2015

Page 6: APRIL 2015 - content.timesjobs.comcontent.timesjobs.com/docs/RecruiteXApril2015.pdf · Recruitment Highlights – April 2015 Industry wise Recruitment Trends Functional Area wise

RECRUITMENT

HIGHLIGHTS

230

194

158

122

86

50 Jun Jul Aug Sept Oct Nov Dec Jan Feb Mar Apr

SupplyThe supply index reported an increase of 16 per cent during April 2015. The index closed at 219 points in April 2015 from 187 points recorded in March 2015

Overall, supply remained buoyant, resulting in an average increase of 32 points during the month. Since January 2015, the supply of talent has reported an average 5 per cent rise

While the overall job-seeking activity was upbeat, some sectors including media & entertainment and real estate witnessed sluggish job-seeking activity during April 2015

DemandThe demand index posted no growth and was at 97 points (equal to the index points registered in March 2015)

This is the second month in succession since January 2015 when demand has slipped below the base mark of 100 (recorded in December 2010)

Core and support roles such as engineering, accounting and hospitality witnessed drop in demand across sectors during the month

The demand index was stable

across major industries,

functional areas and locations

during April 2015. However,

the supply index grew across

major sectors

April 2015

2014 2015

97

219

APRIL 2015

201

84

Supply of talent

Demand for talent

Page 7: APRIL 2015 - content.timesjobs.comcontent.timesjobs.com/docs/RecruiteXApril2015.pdf · Recruitment Highlights – April 2015 Industry wise Recruitment Trends Functional Area wise

Recruitment trend by

INDUSTRYDemand reported

drop across most key industry segments.

Petrochemicals, manufacturing and healthcare

sectors recorded the maximum drop in

demand during the month. Supply was

active in all these sectors

SupplyAmong top ten industries, the BFSI industry reported a rise of 28 per cent in supply of talent during the month

Petrochemicals and logistics & warehousing sectors reported an average 19 per cent rise in supply of talent during the month

The travel & hospitality and healthcare sectors posted an average 9 per cent rise in demand during the month

DemandAmong the top ten sectors, petrochemicals registered maximum (7%) drop in demand during April 2015. Manufacturing sector reported 5 per cent drop in demand

The IT/telecom sector saw 3 per cent rise in hiring during the month. The media & entertainment sector reported 4 per cent rise in demand

Among other key sectors, travel & hospitality and healthcare reported an average 3 per cent drop in demand for talent during April 2015

Demand SupplyINDUSTRY Dec’10 Mar’15 Apr’15 Mar’15 Apr’15IT/Telecom 100 q 97 p99 q 185 p205Manufacturing & Engineering 100 q 85 q80 p190 p 201BFSI 100 q 79 p 79 q 212 p 270CRM/CallCentres/BPO/ITES/Med.Trans 100 q 101 p 101 p 252 p 285Consumer Durables/FMCG 100 q98 q 97 p 450 p 738Retailing 100 q61 q59 p 101 p 105Petrochemicals/ Oil and Gas/ Power 100 q91 q85 59 p 71Construction/Cement/Metal/Steel/Iron 100 q81 q 74 p 120 p 146Projects/Infrastructure/Power/Energy 100 q69 q 63 q 91 p 119Healthcare/ Biotechnology/ Pharmaceutical 100 q96 q93 p 275 p 295Market Average 100 q97 p97 p187 p 219

APRIL 2015

Page 8: APRIL 2015 - content.timesjobs.comcontent.timesjobs.com/docs/RecruiteXApril2015.pdf · Recruitment Highlights – April 2015 Industry wise Recruitment Trends Functional Area wise

Recruitment trend by

FUNCTION APRIL 2015

SupplyBusiness management/consultants/freelancers witnessed maximum (29%) rise in supply during the month

Engineers posted a 22 per cent rise in supply in April 2015. Administration and logistics/supply chain professionals posted an average 19 per cent rise in job-seeking activity

Supply of IT/telecom professionals went up by 13 per cent during April 2015

DemandAmong key functional areas, entertainment/ media/ journalism reported 5 per cent rise in demand

IT/telecom, administration and marketing & advertising witnessed an average 5 per cent rise in demand during April 2015

Demand for engineers dropped by 10 per cent during April 2015. Business management /consultants/freelancers reported 4 per cent drop

Demand SupplyINDUSTRY Dec’10 Mar’15 Apr’15 Mar’15 Apr’15IT/Telecom 100 q96 p98 q179 p202 Customer Service/ Tele Calling 100 p139 q136 p322 p365Hospitality 100 q55 q53 p276 q271Business Mgmt./ 100 q94 q91 q 203 p263 Consultants/FreelancersSales/Business Development 100 q129 p133 q215 p221Accounting & Finance 100 q77 q76 p287 p306 Entertainment/ Media 100 q83 p88 p548 q497Engineering 100 q84 q76 p270 p329 Front Office/ Administration 100 q93 p95 p437 p521Logistics/ Supply Chain 100 q67 q66 p182 p214 Management/ ProcurementMarket Average 100 q97 p97 p 187 p219

During April 2015, demand was

sluggish across key functional

areas, except for IT/telecom,

entertainment/ media/

journalism, marketing &

advertising and administration.

Supply was active for most key

profiles

Page 9: APRIL 2015 - content.timesjobs.comcontent.timesjobs.com/docs/RecruiteXApril2015.pdf · Recruitment Highlights – April 2015 Industry wise Recruitment Trends Functional Area wise

Recruitment trend by

LOCATIONDemand witnessed

a drop in most major locations

during the month of April 2015. Delhi

NCR was the only metro to report rise in hiring during the

month. Tier I & II cities helped push

the supply index to a double-digit

growth

SupplyAmong top ten, Lucknow registered the highest (25%) rise in job-seeking activity during April 2015, followed by Ahmedabad (17%)

Vadodara witnessed 16 per cent rise in supply. Indore reported 14 per cent rise in supply of talent during April 2015

Among states, Maharashtra (except Mumbai and Pune) reported maximum (over 30%) rise in supply during the month

DemandAmong top ten locations, Vadodara reported maximum (18%) rise in demand during April 2015, followed by Chandigarh (15%)

Delhi NCR was the only metro to post growth (13%) in talent demand during the month. Bengaluru reported highest (16%) drop in demand during April 2015

Gujarat (except Ahmedabad and Vadodara) registered 14 per cent rise in demand, while Maharashtra reported drop of 12 per cent during April 2015

Demand SupplyLOCATION Dec’10 Mar’15 Apr’15 Mar’15 Apr’15Delhi NCR 100 q64 p72 q196 p227Mumbai 100 p63 q62 p291 p310Bengaluru 100 q94 q79 p372 p399Chennai 100 p77 q66 p306 p340Pune 100 q82 p84 p242 p259Hyderabad/Secunderabad 100 q76 p77 p378 q363Ahmedabad 100 p110 p119 p198 p231West Bengal 100 q104 p112 p316 p357Maharashtra 100 p114 q101 q322 p457(Except Mumbai and Pune) Gujarat 100 q75 p86 p172 p219(Except Ahmedabad and Vadodara)Market Average 100 q97 p97 p187 p219

APRIL 2015

Page 10: APRIL 2015 - content.timesjobs.comcontent.timesjobs.com/docs/RecruiteXApril2015.pdf · Recruitment Highlights – April 2015 Industry wise Recruitment Trends Functional Area wise

Recruitment trend by

EXPERIENCEDemand for talent

was sluggish across experience

categories. Freshers saw a rise in

demand during the month. Supply

was upbeat for all experience

categories

SupplyCandidates with less than 2 years experience reported maximum (over 15%) rise in job-seeking activity during the month

Entry to mid-level candidates with 2-10 years experience reported an average rise of 10 per cent in job-seeking activity during April 2015

Unlike demand, candidates with over 20 years of experience registered 12 per cent rise in supply during the period

DemandCandidates with less than 2 years of experience were the only category to report rise (8%) in demand during April 2015

Candidates with over 20 years experience registered maximum (14%) drop in demand during the month, followed by candidates with 10-20 years experience (9%)

Candidates with 5-10 years of experience saw a 4 per cent drop in hiring activity during the month

Demand SupplyExperience Mar’15 Apr’15 Mar’15 Apr’15<2yrs 100 p96 p104 p339 p3892-5yrs 100 q78 p78 p167 p1805-10yrs 100 q62 q60 p79 p8910-20yrs 100 q59 q54 p66 p7520yrs+ 100 q67 q57 p57 p64Market Average 100 q97 p97 p187 p219

APRIL 2015

Page 11: APRIL 2015 - content.timesjobs.comcontent.timesjobs.com/docs/RecruiteXApril2015.pdf · Recruitment Highlights – April 2015 Industry wise Recruitment Trends Functional Area wise

APRIL 2015

India’s leading e-recruitment jobs portal, TimesJobs.com brings ‘RecruiteX’ to give you a snapshot of the hiring activity in India with a complete

analysis of demand and supply 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]