An Index of Job Opportunities Location Industry Functional Area - Experience February 2009

Transcription

1 An Index of Job Opportunities Location Industry Functional Area - Experience February 20 1

2 Job Index for Feb up by 5% Highlights of the report The Overall Job Index moved up by 5% from 738 in Jan to 774 in Feb. 7 cities saw an increase in hiring activity, Chandigarh and Ahmedabad topped the charts Hiring activity went up in industries like Oil and Gas, Auto, Construction, Pharma and Insurance Greater demand for Sales and Business Development professionals and Production personnel Executive Summary Feb 20: Hiring activity moved up by 5% as compared to Jan February is usually a month of caution, as annual results approach and hiring gets impacted. Despite that the Naukri JobSpeak index for Feb at 774 is 5% up from Jan, indicating an improved hiring scenario. The gain in the index is reflected in an improved job situation in cities like Delhi NCR, Ahmedabad Chandigarh and Pune. Hiring activity went up in industries like Auto, Construction, Telecom and Insurance. There was a greater demand for Sales & Business Development professionals as well as Production personnel. The report compiles an index on job listings added to the site every month. The listings are representative of the jobs posted on the site by recruiters that are clients of Naukri.com. The team at Naukri.com successfully maps and derives trends to reflect the jobs available online. To calculate the index, job listings added to the site in July 20 have been taken as a base of The February 20 index is compared with July 20. A summary of trends in February is presented in the Executive Summary section. The charts with the corresponding numbers have been collated in the annexure. Naukri.com, India s No.1 job site, has spread its reach across industries, functional areas, metros, tier II and tier III cities across India. Naukri JobSpeak-The Naukri.com Job Index is an initiative by Naukri.com to provide its stakeholders and users overview on job prospects and attractive occupations as well as a peek into industries gaining attractiveness and industries losing sheen. Overall, it is indicative of the health of the economy. 2

3 City wise Analysis: Out of the top 13 cities, 7 cities saw an increase in hiring activity in Feb as compared to Jan. The index for Delhi, Chennai, Pune, Ahmedabad, Chandigarh, Baroda and Jaipur moved up. Index Value of Jobs by City City Aug- Sep- Oct- Delhi-NCR Mumbai Bengaluru Chennai Hyderabad Pune Kolkata Ahmedabad Chandigarh Cochin Baroda Coimbatore Jaipur There is a noticeable improvement in the hiring situation in Chandigarh and Ahmedabad. The index for Chandigarh and Ahmedabad moved up from 659 and 715 in January to 833 and 996 in Feb up by 26% and 39% respectively. The job index for Delhi NCR and Pune moved up by 9% and 4% respectively, as compared to Jan. Slowdown in hiring continued in Mumbai witnessing a decline in hiring activity by 5% from Jan. Kolkata and Coimbatore witnessed a drop in the index declined by almost 11% in both the cities in Feb as compared to Jan. Industry Analysis: Hiring in the Oil and Gas industry picked up in Feb by 24%, the index moved to 910 as compared to 732 in Jan. Maintaining stability for the past few months at an index level of 770, hiring in the Insurance industry picked up, the insurance index moved to 922, up 20% as compared to Jan The Auto industry cheered up after the slump in the past months, the index moved up by 15% from 501 in Jan to 577 in Feb. 3

4 The Pharma industry continued to see an upward trend in hiring and the job index for the industry moved up by 11% in Jan Hiring scenario in the IT Software and BPO remained stable, the index moved marginally by 1-3% vis a vis Jan. Index Value of Jobs by Industry Industry Aug- Sep- Oct- IT- Software BPO and ITeS Construction and Engineering Auto and Auto Ancillary Banking and Financial Services Oil and Gas Telecom Insurance Capital Goods Pharma & Biotech Hospitality FMCG,Foods and Beverage Chemicals Education Witnessing a sudden shift, the index for the education industry moved down by 16%, from 1112 in Jan to 940 in Feb. The index for niche industries such as Legal, Security & Law Enforcement moved up to 2203, 1473 from 1281, 1018 respectively Functional Area / Department Analysis: Greater demand for Production, Sales and Business development professionals Sales and Business Development professionals continued to see an increase in hiring with the index moving up since Oct, the index moved up by 12% from 849 in Jan to 953 in Feb Pharma and Biotech professionals continued to see an upward trend in hiring and moved up by 20% as compared to Jan. The index at 1318 hit an all time high. Banking and Insurance professionals saw an upward trend in hiring, the index moved up by 10% from 665 in Jan to 737 in Feb. 4

5 Job creation for functional roles such as Marketing and HR remained stable at the Jan level. The demand for professionals in Hospitality saw a downward trend. The index moved down by 12% from 1046 in Jan to 925 in Feb. Experience Bucket: Senior Management saw a push in hiring in Feb The maximum jobs continued to be in the 4-7 years experience category. However it was the senior management that saw a push in hiring in Feb. Senior Management hiring picked up, with jobs for 16+ years of experience moving up by 10% as compared with Jan. Hiring activity for the experience band of years picked by 6% as compared with Jan Fresher hiring and junior executive hiring remained stable at the Jan level. Illustration: Break up of jobs according to experience buckets for Feb 5

6 Methodology Data for calculating the Index has been sourced from Naukri.com and is reflective of the job listings on the site. Jobs have been categorised by location, functional area, and industry. The index has been calculated across cities/ functional area- dept/ industry verticals. On the basis of job listings added to the site every month, the data shows an increase or decline in the jobs. To calculate the index, job listings added to the site in July 20 have been taken on a base of The subsequent months have been indexed with data of July 20. The report produced monthly shows hiring trends across industry sectors, geography and functional areas. More than clients use Naukri.com, leading to high reliability of the data. Naukri.com serviced over unique clients in H1 20 Disclaimer The data is only representative of the listings on Naukri.com. Our analytics team has used statistical techniques to derive insights which might be useful for our users/stake holders/ audiences. There may be a statistical margin of error. 6

7 Annexure In-depth data across Cities/ Industry/ Functional Area Graphs and tables as per Location City Delhi-NCR Mumbai Kolkata Chennai City Bengaluru Hyderabad Pune Ahmedabad

8 City Chandigarh Cochin Baroda Coimbatore Jaipur City Aug- Sep- Oct- Delhi-NCR Mumbai Bengaluru Chennai Hyderabad Pune Kolkata Ahmedabad Chandigarh Cochin Baroda Coimbatore Jaipur

9 Graphs and tables as per Industry Industry IT- Software BPO and ITeS Telecom IT-Hardware & Networking Industry Construction and Engineering Oil and Gas Chemicals Real Estate

10 Industry Banking and Financial Services Insurance Accounting & Taxation Industry Pharma & Biotech Healthcare

11 Industry Auto and Auto Ancillary Capital Goods

12 Index Value of Jobs by Industry Industry Aug- Sep- Oct- IT- Software BPO and ITeS Construction and Engineering Auto and Auto Ancillary Banking and Financial Services Oil and Gas Telecom Insurance Capital Goods Pharma & Biotech Hospitality FMCG,Foods and Beverage Chemicals Education IT-Hardware & Networking Retailing Media and Entertainment Healthcare Real Estate Employment Firms Consumer Durables Accounting & Taxation Advertising Textiles Semiconductors & Electronics Courier & Transportation Architecture & Interior Designing Export & Import Printing & Packaging Marine Agriculture Office Equipment/Automation Fresher & Trainee Social Services Gems & Jewellery Paper Legal Tyres Fertilizers & Pesticides Security & Law Enforcement Defence & Government

13 Functional Area in depth analysis Functional area IT-Software ITES and BPO Engineering Design - R&D IT- Hardware & Telecom Functional area HR & Administration Marketing and Advertising Functional area Project Management Production and Maintenance Sales and Business Development

14 Functional area Banking and Insurance Accounts and Finance Index Value of Jobs by Functional Area/ Department Functional area Aug- Sep- Oct- IT-Software Sales and Business Development ITES and BPO Production and Maintenance Accounts and Finance HR & Administration Project Management Marketing and Advertising Banking and Insurance Engineering Design - R&D Supply Chain Front Office and Data Entry IT- Hardware & Telecom Teaching & Education Pharma and Biotech Hotels and Restaurants Top Management Architecture & Interior Design Merchandising Consulting Legal Web Designing Journalism Travel & Airlines Fashion and Garments Security Services Media Packaging Self Employed

15 About Naukri.com Naukri.com, India s No. 1 job site and the flagship brand of Info Edge revolutionized the concept of recruitment in India. Since its inception in 1997, Naukri.com has seen exponential growth year after year. Info Edge completed a successful IPO in November 2006 and became the first internet company to be listed in India. Naukri.com is a recruitment platform and provides services to the corporate world, placement agencies and job seekers in India and overseas. It offers a bouquet of products like Resume Database Access, and Response Management tools and its services include Job Postings, and branding solutions on the site.com serviced over corporate clients in The company has over 1700 people operating through 67 offices in 41 cities in India and overseas offices in Dubai, Riyadh and Bahrain. 15