©2016 by Crain Communications Inc. All rights reserved. · Adecco 15,000 250 11. Gi Group (India)...
Transcript of ©2016 by Crain Communications Inc. All rights reserved. · Adecco 15,000 250 11. Gi Group (India)...
©2016 by Crain Communications Inc. All rights reserved.
©2015 by Crain Communications Inc. All rights reserved.
Suppliers Buyers
Research & Advisory
Events
Editorial
Certification & Training
Staffing Industry Analysts: What We Do
Agenda
• India in Context
• Staffing Company Survey
• Conclusion
• Questions
Agenda
Agenda
• India in Context
• Staffing Company Survey
• Conclusion
• Questions
US
CA
BR
SA
JP
AU
NL
DE
IN
CN
UK
FR
IT
BE
Global Staffing Market 2015 by Major Market
CH
These 15 countries represent 89% of global staffing revenue
©2016 by Crain Communications Inc. All rights reserved. Source: Staffing Industry Analysts: Global Market Report
Top 15 Staffing Markets Ranked by Revenue 2015
Rank Country INR billion
$ billion Rank Country
INR billion
$ billion
1. USA 7,990 133.3 9. China 456 7.6
2. Japan 2,985 49.8 10. Switzerland 444 7.4
3. United Kingdom 2,889 48.2 11. Belgium 432 7.2
4. Germany 1,570 26.2 12. Canada 402 6.7
5. France 1,397 23.3 13. India 270 4.5
6. Netherlands 1,079 18.0 14. South Africa 246 4.1
7. Australia 893 14.9 15. Brazil 228 3.8
8. Italy 515 8.6
We estimate the Indian market was worth $4.5 billion in 2015
©2016 by Crain Communications Inc. All rights reserved. Source: Staffing Industry Analysts: Global Market Report
Top 15 Companies Ranked by Revenue 2015
Rank Company INR million
$ million Rank Company
INR million
$ million
1. TeamLease 19,869 331 9. Futurz Staffing 2,525 42
2. Quess 19,594 327 10. Collabera 2,032 34
3. Adecco 15,000 250 11. Gi Group (India) 2,000 33
4. Randstad 13,485 225 12. Allegis 1,664 28
5. ManpowerGroup 7,991 133 13. Focus Infotech 1,425 24
6. Innov 5,998 100 14. Artech 1,069 18
7. Genius Consultants 5,134 86 15. ABC Consultants 874 15
8. Kelly Services 3,132 52
These 15 companies made up 37% of Indian staffing market in the financial year 2014/15
©2016 by Crain Communications Inc. All rights reserved. Source: Staffing Industry Analysts: Larges Companies in India
Forecast for 2016
Country 2014 GDP
2014 Forecast
2015 GDP
2015 Forecast
2016 GDP
2016 Forecast
Australia 2.6% -2% 2.4% 2% 2.5% 3%
China 7.3% 15% 6.9% 14% 6.5% 13%
India 7.2% 6% 7.3% 6% 7.4% 7%
Japan -0.1% 7% 0.5% 7% 0.6% 5%
UK 2.9% 9% 2.2% 7% 1.7% 5%
USA 2.0% 6% 1.7% 7% 2.3% 6%
Global 2.6% 5% 2.4% 6% 2.4% 5%
We believe the Indian market grew 6% in 2015 and will grow 7% in 2016
©2016 by Crain Communications Inc. All rights reserved. Source: Staffing Industry Analysts: Global Market Forecast
Indian Workforce Demographics
©2016 by Crain Communications Inc. All rights reserved.
Population 1,311m
Working Age Population 860m
Labour Force 502m
Work Force 484.1m
Unemployed 17.5m
Informal 433.0m
Formal 51.1m
Source: Staffing Industry Analysts: Larges Companies in India
The informal’ or unorganised
sector covers home-based
work, self-employment,
employment in household
enterprises, small units, on
land as agricultural workers,
labour on construction sites,
domestic work, and a myriad
of other forms of casual or
temporary employment.
Indian Workforce Demographics
©2016 by Crain Communications Inc. All rights reserved.
Formal 51.1m
Temporary 27.9m
Permanent 23.2m
Casual 24.1m
Fixed-Term Contact 3.8m
Tripartite 1.6m
Bipartite 2.3m
Source: Staffing Industry Analysts: Larges Companies in India
We estimate that the temp market has grown by 300,000 since 2011.
Huge Potential
Current Market Potential Market Current Market
Agenda
• India in Context
• Staffing Company Survey
• Conclusion
• Questions
In which skill segment did you generate the most revenue?
Top Temporary Skill Segment Response
PercentIT 33%
Engineering/Design 16%
Office/Clerical 14%
Industrial/Logistics 8%
Finance/Accounting 4%
Creative/Marketing 2%
Healthcare 2%
Other 22%
N=51
©2016 by Crain Communications Inc. All rights reserved. Source: Staffing Industry Analysts: India Staffing Company Survey
In which skill segment did you generate the most revenue?
Top Direct Hire Skill Segment Response
PercentIT 48%
Engineering/Design 16%
Finance/Accounting 10%
Office/Clerical 6%
Creative/Marketing 4%
Clinical/Scientific 2%
Healthcare 2%
Other 12%
N=50
©2016 by Crain Communications Inc. All rights reserved. Source: Staffing Industry Analysts: India Staffing Company Survey
Revenue by Geography
South 88%
West 80%
North 73%
East 33%
©2016 by Crain Communications Inc. All rights reserved. Source: Staffing Industry Analysts: India Staffing Company Survey
In which regions do you derive your revenue?
Mix of Business
Dir
ect
Hir
e
Temporary Work
The average mix of business is 70% temporary / 30% direct hire
©2016 by Crain Communications Inc. All rights reserved. Source: Staffing Industry Analysts: India Staffing Company Survey
100%
0% 100%
Metrics
Temp resume Submittals/ Interviews
Temp resume Submittals/
Hires
3 5
3 2
3 3
3 5
Respondents around the world are not that different
©2016 by Crain Communications Inc. All rights reserved. Source: Staffing Industry Analysts: India Staffing Company Survey
2% 2% 2% 5%
2% 2%
23%
2% 5%
2% 5% 5% 5%
33%
5%
<1 4 8 12 14 20 24 26 30 36 40 42 48 52 >52
Distribution of typical assignment lengths
The median assignment length was 40 weeks
©2016 by Crain Communications Inc. All rights reserved. Source: Staffing Industry Analysts: India Staffing Company Survey
13 weeks 26 weeks 26 weeks
Your are pretty satisfied with your operational structure (8), more so than the other regions (7).
Satisfaction with operational structures
2%0% 0% 0% 0%
2%
11%
21%
15% 15%
34%
0 1 2 3 4 5 6 7 8 9 10
<-- Extremely unsatisfied Extremely satisfied -->
©2016 by Crain Communications Inc. All rights reserved. Source: Staffing Industry Analysts: India Staffing Company Survey
Metrics – Separate or Together
Temporary & Direct Hire
Recruiting & Sales
74% 78%
43% 22%
61% 36%
43% 69%
Operation structures seem to be diverse regionally
©2016 by Crain Communications Inc. All rights reserved. Source: Staffing Industry Analysts: India Staffing Company Survey
[CELLRANGE]
[CELLRANGE]
[CELLRANGE]
[CELLRANGE]
[CELLRANGE]
[CELLRANGE]
[CELLRANGE]
<Low intention INTENTION High Intention>
<Lo
w R
etu
rn
RET
UR
N
H
igh
Ret
urn
>
Are staffing firm investment plans optimal?
©2016 by Crain Communications Inc. All rights reserved. Source: Staffing Industry Analysts: India Staffing Company Survey
Which Site do you use?
All % L F t
95 73 63
100 74 53
98 60 78
95 84 66
LinkedIn dominates your work but social media is not seen to contribute to your business success?
©2016 by Crain Communications Inc. All rights reserved. Source: Staffing Industry Analysts: India Staffing Company Survey
Which laws and regulations are you concerned about?
What forthcoming legislation or regulation are you most concerned about?
©2016 by Crain Communications Inc. All rights reserved. Source: Staffing Industry Analysts: India Staffing Company Survey
The Contract Labour(Regulation & Abolition) Act, Labour
Law, Tax & the 'Provident Fund‘
Sex is not an issue
©2016 by Crain Communications Inc. All rights reserved. Source: Staffing Industry Analysts: India Staffing Company Survey
75% / 25% 87% / 13%
70% / 30% 90% / 10% 78% / 19%
Most popular certifications among executives
©2016 by Crain Communications Inc. All rights reserved. Source: Staffing Industry Analysts: CCWP Material
Degree of outsourcing
India firms are most like to use outsourcing
33% 32%
27%
21%
©2016 by Crain Communications Inc. All rights reserved. Source: Staffing Industry Analysts: India Staffing Company Survey
Agenda
• India in Context
• Staffing Company Survey
• Conclusion
• Questions
India 2016
©2016 by Crain Communications Inc. All rights reserved.
©2016 by Crain Communications Inc. All rights reserved.
Staff By India ©2016 by Crain Communications Inc. All rights reserved.
Any Questions
©2016 by Crain Communications Inc. All rights reserved.