JANUARY 2017 - TimesJobscontent.timesjobs.com/docs/RecruiteXJan2017.pdf · 2020-04-30 · Legal &...
Transcript of JANUARY 2017 - TimesJobscontent.timesjobs.com/docs/RecruiteXJan2017.pdf · 2020-04-30 · Legal &...
1 I JANUARY 2017
J A N U A R Y 2 0 1 7
2 I JANUARY 2017
About RecruiteX
Hiring Trends
Executive Summary
Recruitment Trends by Industry
Recruitment Trends by Functional Area
Recruitment Trends by Location
Recruitment Trends by Experience
Contact Us
3 I JANUARY 2017
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.
METHODOLOGYRecruiteX represents the demand aspects of recruitment. Demand for talent is computed by factoring activities of recruiters on TimesJobs.com. This demand 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.
4 I JANUARY 2017
TALENT demand dropped by 4 per cent during January 2017, as hiring activity slowed down across key sectors, reveals latest RecruiteX, the
recruitment index by TimesJobs. Legal, accounting, media and entertainment were the only sectors to post rise in demand during the month. Healthcare, petrochemicals, oil & gas and travel & hospitality sectors saw maximum drop in talent demand in January 2017. Biotechnology and pharmaceutical professionals reported 24 per cent rise in demand during the month. Demand was also up for quality control, legal, law and oil & gas professionals. Among locations, Tier II locations posted maximum rise in talent demand. Most metros posted drop in demand, except Bengaluru. Hiring gained momentum for senior professionals, as professionals with over 20 years of experience registered 17 per cent rise in demand. Other experience categories saw drop in demand in January 2017.
Senior professionals saw maximum rise in demand during January 2017
EXECUTIVE SUMMARY
5 I JANUARY 2017
Legal & law sector posted 20% rise in talent demand
Biotechnology, pharmaceuticals reported 24% rise in demand
Chandigarh witnessed 3% rise in talent demand
Candidates with over 20 years of experience posted 17% rise in demand
DEMAND FOR TALENT
Overall, hiring reported drop during January 2017. Slow
hiring activity across key employment sectors and
functional areas contributed to the drop in talent demand.
EXECUTIVE SUMMARY
Jan 2017Jan 201670
83
90
85
80
75
70
6 I JANUARY 2017
Demand reported drop across most key industry segments. Legal & law sector posted highest rise in talent demand during January 2017.
RECRUITMENT TRENDS BY INDUSTRY
MARKET AVERAGE
n Dec 2016 n Jan 201773 70
Legal & law sector posted 20% rise
in demand
Accounting sector registered 12%
rise in hiring
IT/telecom sector saw stable
talent demand
IT/Telecom
Manufacturing & Engineering
BFSI
CRM/CallCentres/BPO/ITES/Med.Trans
Consumer Durables/FMCG
Retailing
Petrochemicals/ Oil and Gas/ Power
Construction/Cement/Metal/Steel/Iron
Accounting-Tax/Consulting
Law/Legal Firms
9090
67
83
90
79
49
66
57
24
63
63
81
88
74
46
62
54
27
75
Dec 2016 Jan 2017
7 I JANUARY 2017
Demand fell across key functional areas. Biotechnology and pharma
professionals were the most in-demand profiles during the month.
RECRUITMENT TRENDS BY
FUNCTION
MARKET AVERAGE
n Dec 2016 n Jan 201773 70
Biotech, pharma professionals reported 24% rise in demand
Legal & law profiles witnessed 21% rise in demand
Quality, process control profiles saw 4% rise in demand
IT/Telecom
Customer Service/ Tele Calling
Business Mgmt./Consultants/Freelancers
Sales/Business Development
Accounting & Finance
Entertainment/ Media/ Journalism
Engineering
Quality/Process Control
BioTechnology/ Pharmaceutical/ R&D/ Scientist
Legal/Law
7774
94
70
113
59
52
44
49
44
58
88
64
103
57
49
40
51
55
70
Dec 2016 Jan 2017
8 I JANUARY 2017
Demand witnessed negative hiring momentum in most major locations. Chandigarh emerged as the best performing location during the month.
RECRUITMENT TRENDS BY LOCATION
MARKET AVERAGE
n Dec 2016 n Jan 201773 70
Delhi NCR
Mumbai
Bengaluru
Chennai
Pune
Chandigarh
Jaipur
Lucknow
Ahmedabad
Hyderabad
67
65
104
53
73
86
85
69
129
81
65
62
105
51
69
88
86
66
126
74
Chandigarh posted 3% rise in talent
demand
Jaipur witnessed a 2% rise in
demand
Among metros, Bengaluru saw 1% rise in talent demand
Dec 2016 Jan 2017
9 I JANUARY 2017
Talent demand fell across experience categories, barring candidates with over 20 years
of experience.
RECRUITMENT TRENDS BY
EXPERIENCE
MARKET AVERAGE
n Dec 2016 n Jan 201773 70
Candidates with over 20 years of experience reported 17% rise in talent demand
Candidates with less than 2 years of experience witnessed 10% drop in demand
Candidates with 2-5 years of experience reported 4% drop in demand
Dec 2016 Jan 2017
<2yrs
2-5yrs
5-10yrs
10-20yrs
20yrs+
8375
8481
6664
6261
5665
10 I JANUARY 2017
India’s leading recruitment portal TimesJobs.com brings ‘RecruiteX’ to give you a snapshot of hiring activity in India with complete analysis of demand 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. Mail us your suggestions at [email protected]