JUly 2017 - TimesJobs

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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