HIRING, COMPENSATION AND ATTRITION TRENDS · Compensation and Attrition Trends Survey Report (FY...

HIRING, COMPENSATION AND ATTRITION TRENDS :: EXCLUSIVE SURVEY 2018 – 19 ::

Genius Consultants Limited is an ISO 9001:2015 & ISO/IEC 27001:2013 certified Recruitment Consulting Organization

• Founded by Mr. Rajendra Prasad Yadav on 27th July, 1993

• Fastest growing Staffing company and 2nd largest evolving recruitment company in India

• Currently the company has 1500+ clients, 50,057 outsourced associates and 392 direct manpower strength (as on 5th, February 2018)

With a legacy of 25 years, it provides services like:

Permanent Staffing Solutions I Flexi Staffing SolutionsPayroll Processing Services I IT Recruitment & StaffingBackground Checks I Facility Management & Security Services I Compliance Management & Audit I HRMS Software Genius Hiring, Compensation and Attrition Survey 2018 - 19

Genius has its presence in 15 Indian states

Kolkata (HQ)

New Delhi

Chennai

Bangalore

Pune

Hyderabad

Chandigarh

Bhubaneshwar

Ahmedabad

Guwahati

Lucknow

Patna

Kochi

Indore

Mumbai

Genius Hiring, Compensation and Attrition Survey 2018 - 19

CONTENTS:

• Survey Scope• Survey Methodology• Survey Approach• Highlights• Future HR Trends


Hiring, Compensation & Attrition Survey – About the survey

• The Hiring, Attrition & Compensation Trend Survey is an exclusive andexhaustive Annual Survey conducted by Genius Consultants Ltd on PanIndia basis with a support from more than 1 lakh database

• Aims to understand a wide range of current and emerging hiring,compensation and attrition trends in organizations

•Provides reference points on key aspects such as increments, variablepay, benefits, employee attrition and retention and lastly potentialfuture trends for the current financial year 2018 - 19

•This is the Seventh successful year that the survey is being conducted

rigorously across all industries, designations, sectors and organizations

Elements Detailed in the Hiring & Attrition Trend Survey : 2018 - 19

➢ Current hiring scenario in the country ➢Increase in Manpower Strength➢Experience levels with most opportunities➢Major candidate sourcing avenues➢Experience levels facing bottlenecks in recruitment➢Range of increments in organizations➢Projected trend in hiring male & female candidates➢Actual and anticipated attrition level in organizations Employees most susceptible to Attrition➢Levels of employees most susceptible to attrition➢Zone with brightest hiring scenario in India➢Importance of back ground checks in India


Report Launch

Launch of Annual Hiring,Compensation and Attrition TrendsSurvey Report (FY 18-19)

Data Analytics

Data received was collated andanalyzed to get detailed insights onsector wise practices, compensationand benefits trends

Data auditing and query resolution

The responses received from all participantswere validated and checked for consistencyand completeness. In case of a query,reports were sent out to the participatingcompanies

Survey launch and data collection

To solicit participation, formal e-mail invitationsand an online questionnaire were sent to thetarget respondents

Survey Design

Key parameters of the study werefinalized and a structuredquestionnaire was designed as theprimary tool for data collection.

A broad cross section of sectors andmanagement levels covered in thestudy were finalized

Survey Methodology


Parameters

• Hiring Trend• Compensation• Attrition

Participation

Participation came from 881 corporate organization

Technology

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

Industries

• Auto & Auto Ancillary, Banking & Finance, Construction & Engineering, Education/Teaching/Training, FMCG,Hospitality, HR Solutions, 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,

Jamshedpur Guwahati, Bhubaneswar and Pune.

Survey Methodology Genius Hiring, Compensation and Attrition Survey 2018 - 19

FemalesMales

Survey Approach


Hiring Scenario in 2018-19

57.14%

19.84%

19.05%

1.59% 2.38%

Both new vacancies andreplacement hiring will take place

New vacancies will be created(Opportunities apart from thecurrent head count)Replenishment hiring againstattrition will take place only

No Hiring

Layoffs will happen


What will be the Hiring Scenario for your Company in FY 2018 - 19?

Projected Increase in Manpower Strength in 2018-19


42.06%

17.46%

24.60%

7.94%7.94%

1 - 15%

16 - 24%

25 - 30%

Above 30%

No Increment inManpower

What will be the projected increase in Manpower Strength of your company in FY 2018 -19?

Experience Levels with Most Opportunities in 2018 -19


53.17%

28.57%

3.17%

3.17%11.90% 1-5years

5 - 10 Years

10 -15 years

15 years and above

Freshers

Which of the following experience levels will have the most opportunities in the FY 2018 - 19?

Major Candidate Sourcing Avenues in 2018 -19


20.65%

16.70%

15.78%13.92%

13.69%

11.37%7.89%

Job Portals

Employee Referral

Referral

Consultant

Campus

Social Media

Advertisements

Indicate various candidate sourcing avenues for the FY 2018 - 19 in accordance to your priority

Experience Levels with Maximum Bottlenecks in Recruiting in 2018 -19


10.32%

33.33%

27.78%

22.22% 6.35%Freshers

1-3 Years

4 - 8 Years

8 - 15 Years

15 Years and above

In which experience levels, did you observe maximum bottle necks in recruiting?

Range of Increments in 2018 -19


5.56%

41.27%

37.30%

11.90% 3.97%

Less Than 5%

5% to 10%

10% to 15%

15% to 20%

20% upwards

Please mention the range of increments of your organization in the FY 2018 – 19.

Hiring Trends – Male vs Female Candidates in 2018 -19


57.77%

42.23%

Male

Female

Kindly indicate your organization's projected trend in hiring male and female candidates in 2018 - 19

Anticipated Attrition Trends in 2018 -19


24.60%

32.54%

32.54%

8.73% 1.59%

Less Than 5%

5% to 10%

10% to 15%

15% to 20%

Above 20%

Kindly indicate the anticipated attrition level of your organization in FY 2018 – 19?

Employee Level Most Susceptible to Attrition in 2018 -19


39.68%

36.51%

3.97%

19.84%

Junior level

Middle level

Top level

Senior level

Which level Employees in your organization is most susceptible to attrition?

Zone in India with Brightest Hiring Scenario in 2018 -19


32.54%

30.16%

21.43%

15.87%

Southern

Western

Northern

Eastern

According to you, which zone in India has the highest hiring scenario currently?

Importance of Background Checks Before Recruiting in 2018 -19


68.25%

30.16%

1.59%

Very important

Moderately important

Non existent

How crucial is background verification checks in your organization before filling up key positions?

THANK YOU

Key Contacts:Ms. Sujata Gangopadhyay

Deputy Manager – Corporate Communications & BrandingGenius Consultants Limited

HIRING, COMPENSATION AND ATTRITION TRENDS · Compensation and Attrition Trends Survey Report (FY...

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