Jul 1, 2017 - the recruitment index by TimesJobs. Logistics and warehousing were the top performing sectors. Healthcare
JUly 2017
July 2017
CONTENTS
n About RecruiteX n Hiring Trends n Executive Summary n Recruitment Trends by Industry n Recruitment Trends by Functional Area n Recruitment Trends by Location n Recruitment Trends by Experience n Contact Us
July 2017
ABOUT recruitex
ABOUT RecruiteX 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’ asa process backed by hiring sentiments of a recruiter and aspirations of the job seekers alike.
METHODOLOGY RecruiteX represents the demand aspects of recruitment. Demand for talent is computed by factoring activities of recruiters on TimesJobs.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 present trend viz-a-viz December 2010. RecruiteX, in its most comprehensible format, is aimed to provide an insight of recruitment market in India to employers, recruiters and job seekers.
July 2017
EXECUTIVE SUMMARY
T
alent demand dipped by 3 per cent in July 2017, reveals the new edition of RecruiteX - the recruitment index by TimesJobs. Logistics and warehousing were the top performing sectors. Healthcare and IT/telecom sectors also saw rise in talent demand during
Logistics was the top employment generator, followed by healthcare sector; while BPO and petrochemicals sector posted drop
the month. Petrochemicals, infrastructure, BPO/ITeS posted significant drop in talent demand. Accounting, finance, biotech, pharma, doctors, nurses and medical professionals reported rise in talent demand. Among key locations, tier II locations posted maximum increase in demand for talent. Chandigarh was the
top hiring location for July 2017. Mumbai was the best performing metro in terms of recruitment during the month. Among states, Karnataka posted over 30 per cent rise in talent demand. Hiring dropped across experience categories, barring professionals with 2-5 years of experience, which posted stable demand.
July 2017
EXECUTIVE SUMMARY
Hiring dropped during July 2017. Key employment sectors and functional areas saw a decline in recruitment activities
80
DEMAND n Logistics sector posted 8 per cent rise in talent demand n Accounting and biotech professionals reported 4 per cent rise in demand n Among top ten locations, Chandigarh witnessed over 30 per cent rise in demand n Professionals with 2-5 years of experience posted stable demand
70
70 Jan 2017
70 Jul 2017
July 2017
RECRUITMENT TRENDS BY INDUSTRY
Hiring dropped across most key industry segments. Logistics was best performing sector during July 2017
Market Average n June 2017
72
n July 2017
June 2017
70 July 2017
IT/Telecom
88 89
Manufacturing & Engineering
69 66
BFSI BPO/ITES/Med.Trans. 81
n Logistics registered highest rise of 8 per cent in hiring during July 2017 n Healthcare sector posted 2 per cent rise in recruitment n IT/telecom sectors saw a mere 1 per cent rise in talent demand
81 81
Consumer Durables/FMCG Retailing
47 47 71
Petrochemicals/Oil and Gas/ Power Logistics & Warehousing
91 89 90
64 38 41
Projects/Infrastructure/Power/ Energy Healthcare/ Biotechnology/ Pharmaceuticals
48 44 87 89
July 2017
RECRUITMENT TRENDS BY FUNCTION
Talent demand dropped across key functional areas. Accounting and biotech professionals were the most in-demand profiles
Market Average n June 2017
June 2017
44 46 34 34
Business Mgmt./Consultants/ Freelancers
61 60
Sales/Business Development
110 109
Accounting & Finance
Engineering Doctors/Nurses/Medical Professionals Logistics/ Supply Chain Management/ Procurement
70
71 72
BioTechnology/ Pharmaceuticals
Entertainment/Media/Journalism
n July 2017
July 2017
IT/Telecom
Hospitality
72
59 61
n Doctors, nurses, medical professionals witnessed 3 per cent rise in demand
45 46 44 41 126 130 48 47
n Accounting and biotech professionals reported 4 per cent rise in demand
n Entertainment/media/journalism professionals saw 2 per cent rise in demand
July 2017
RECRUITMENT TRENDS BY LOCATION
Talent demand was negative in most major locations. Chandigarh was the best performing location during July 2017
Market Average n June 2017
72
n July 2017
June 2017 Delhi-NCR Mumbai
July 2017 60 59 63 66 95 88
Bengaluru Chennai
n Among top ten locations, Chandigarh reported over 30 per cent rise in demand n Among metros, Mumbai posted max rise of 5 per cent in talent demand n Among states, Karnataka saw rise of over 30 per cent in talent demand
70
59 55
Pune
84 80
Hyderabad/ Secunderabad
85 81
Ahmedabad 144 Indore 58 Jaipur Chandigarh
157
67 84 87 132
255
July 2017
RECRUITMENT TRENDS BY EXPERIENCE
Talent demand was sluggish for all experience categories, barring candidates having 2-5 years of experience which posted stable demand
Market Average n June 2017
June 2017
July 2017 83 82 81 81