A REPORT ON HIRING ACTIVITY IN INDIA
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1 JOBSPEAK A Naukri.com Report A REPORT ON HIRING ACTIVITY IN INDIA BY: LOCATION, CITY, INDUSTRY AND EXPERIENCE MARCH 2019
2 TABLE OF CONTENTS Overview 3 Key Highlights 4 Sectoral Analysis 5 Functional Area Analysis 6 City Analysis 7 Work Experience Analysis 8 Methodology 9 Annexure All rights reserved 2016 Info Edge (India) Limited.
3 INDEX FOR MARCH 2019 The Naukri JobSpeak Index for March 2019, at (2,378), marked a 12% rise in hiring activity from March 2018 (2,129). The IT- industry has shown a continuous growth in the recruitment landscape over the past six months. Continuing with the trend, the industry in March 2019 recorded a notable rise of 38% growth. Recruitment for functional areas like HR and Marketing observed a growth of 13% & 12% respectively. Bangalore & Chennai saw positive growth in hiring and clocked in an 18% and 13% respectively. Overall Hiring Trends Commenting on the report, Ms. Sumeet Singh, CMO, Infoedge India Ltd. said, The JobSpeak index continues with its positive growth in hiring with a 12% rise when compared to the same period last year. Our latest Hiring outlook survey showed 89% recruiters from the IT industry stating that new jobs and replacement hiring will play a strong role in hiring. Hopefully the momentum will be sustained in the coming months Mar-18 Apr-18 May-18 Jun-18 July-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar was scaled to Index for subsequent months is relative to Jul All rights reserved 2016 Info Edge (India) Limited.
4 KEY HIGHLIGHTS Hiring across Industry Pharma IT-Software Industrial Products Oil and Gas 6% -7% -8% 38% -15% -14% 13% -19% 9% Insurance Auto Banking Construction BPO figures are percentage change in Mar-19 over average of Mar-18 Hiring across Functional Areas Hiring across Cities Hiring across Experience Levels 30% 8% 14% 5% 5% 9% Production Stable 13% 2% Accounts Mumbai Delhi / NCR 4% 14% 13% Pune Hyderabad 18% 13% 25% Kolkata 12% 9% -1% IT-Software Sales ITES -9% Banking HR Site Engineering -5% Bengaluru Chennai 0-3 yrs 4-7 yrs 8-12 yrs yrs 16 yrs figures are percentage change in Mar-19 over average of Mar-18 figures are percentage change in Mar-19 over average of Mar-18 figures are percentage change in Mar-19 over average of Mar-18 4 All rights reserved 2016 Info Edge (India) Limited.
5 SECTORAL ANALYSIS Hiring trends across top industry Industry-wise Analysis: The industries in March 2019 which saw movement in growth in recruitment activity were - Construction/Engineering (13%), BPO/ITES (9%), Insurance (6%), FMCG (5%), Education (7%) and IT Hardware (3%) On the other hand, industries such as Auto Ancillary and Banking & Financial services saw a dip of 8% and 15% in their hiring activities respectively 6% -7% -8% Insurance Pharma Auto 38% -15% -14% IT-Software Banking Industrial Products 13% -19% 9% Construction Oil and Gas BPO figures are percentage change in Mar-19 over average of Mar-18 Industry* Mar-18 Apr-18 May-18 Jun-18 July-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 IT-Software/Software Services BPO/ITES/CRM/Transcription Construction/Engineering/Cement/Metals Auto/Auto Ancillary Banking/Financial Services/Broking Oil and Gas/Power/Infrastructure/Energy Telcom/ISP Insurance Industrial Products/Heavy Machinery Pharma/Biotech/Clinical Research All rights reserved 2016 Info Edge (India) Limited.
6 FUNCTIONAL AREA ANALYSIS Hiring trends across functional areas Functional Area Analysis: 30% Recruitment activity for IT - Software continued to grow, clocking in 30% rise year-on-year Other functional areas of Sales & BD, ITES/BPO and IT Hardware, and Site Engineering recorded a rise of 5%, 9%, 5% and 2%respectively for March 2019 viz-a-viz March % 9% Production Stable 13% 2% Accounts IT-Software Sales ITES Banking HR Site Engineering -5% -9% figures are percentage change in Mar-19 over average of Mar-18 Functional Area* Mar-18 Apr-18 May-18 Jun-18 July-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 IT-Software Sales / BD ITES / BPO / KPO / Customer Service Production / Maintenance / Quality Accounts / Finance / Tax / CS / Audit HR / Administration / IR Site Engineering / Project Management Marketing / Advertising / MR / PR Banking / Insurance Engineering Design / R&D All rights reserved 2016 Info Edge (India) Limited.
7 CITY BASED HIRING SCENARIO City Wise Analysis Demand for talent grew across metropolitan cities. Some of the emerging trends observed in the cities are elaborated below - 8% Distribution of Jobs across Roles Delhi/NCR: Hiring activity for the capital city increased by 8%. IT-Software industry recorded a growth of 28%. Recruitments across the functional area of IT - Software grew by 25%. There was a rise of 20% in hiring for the experience band of 4-7 years Chennai: Overall hiring activity in Chennai grew by 13%. The industry that dominated the hiring space for the city was IT - Software by 45% while BFSI saw a dip of 12%. Functional area of ITES continued to remain positive with a growth of 24%. Hiring for management roles with experience band of 4-7 years saw a growth of 25% in March 2019 Mumbai: Recruitment activity in Mumbai increased by 4% in March 2019 as compared to March Functional areas that registered an increase in job hiring were IT- Hardware (54%), and Hotels (22%). Recruitment in IT-Software industry was risen by 43%. A rise of 11% in hiring activity was seen for the leadership roles having an experience band of 16+ years 4% 14% 13% Mumbai Pune Delhi / NCR Hyderabad 18% 13% Bengaluru Chennai 25% Kolkata figures are percentage change in Mar-19 over average of Mar-18 City* Mar-18 Apr-18 May-18 Jun-18 July-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Delhi / NCR Mumbai Bengaluru / Bangalore Chennai Hyderabad / Secunderabad Pune Kolkata ,337 1,841 2,271 1,736 2,261 2,591 2,220 2,316 1,826 2,125 1,738 2,360 2,487 2,499 2,272 1,707 2,166 1,710 2,305 2,297 2, All rights reserved 2016 Info Edge (India) Limited.
8 WORK EXPERIENCE SCENARIO Experience Levels Experience Wise Analysis 14% 5% Demand for mid-level executives, between the experience band of 4-7 years grew by 14% whereas recruitment for entry-level jobs, with an experience band of 0-3 years, witnessed a rise of 12% 12% 9% -1% Recruitment activity for mid-management roles of 8-12 years of experience grew by 9%, while senior management roles of years of experience recorded a 5% rise in hiring Moreover, hiring for leadership roles with experience band of 16+ years remained flat 0-3 yrs 4-7 yrs 8-12 yrs yrs 16 yrs figures are percentage change in Mar-19 over average of Mar-18 8 All rights reserved 2016 Info Edge (India) Limited.
9 METHODOLOGY Naukri.com, India s No. 1 job site and the flagship brand of Info Edge introduced the concept of e-recruitment in India. Since its inception in 1997, Naukri.com has seen continuous growth while outperforming its competitors in every sphere. Info Edge was the first internet Company to be listed in India. The site enjoys a traffic share of over 70% as per similar web. Naukri.com is a recruitment platform that provides hiring-related services to corporates/recruiters, placement agencies and to job seekers in India and overseas. It offers multiple products like Resume Database Access, listings and Response Management Tools. With more than 4,75,000 jobs live at any point and over 60 million CVs, Naukri.com serviced over 76,000 corporate clients in The company operates 56 offices in 42 cities in India and overseas offices in Dubai, Riyadh, Abu Dhabi and Bahrain. The Naukri JobSpeak is a monthly Index which calculates and records hiring activity based on the job listings on Naukri.com website month on month. The objective of Naukri JobSpeak is to measure the hiring activities in various industries and the data is compiled of companies which are registered on the platform and reflects gross hiring (includes replacement hiring). July 2008 is taken to be the base with a score of 1,000 and the subsequent monthly index is compared with the data for July The jobs analyzed for the monthly Index are qualified on the basis of white collar, urban, belonging to organized corporate sector jobs with a main focus on service industries. The report shows hiring trends across industry sectors, geography, experience level and functional areas. More than 76,000 national and international clients use Naukri.com, leading to high reliability of data. The report does not cover gig employment, hyperlocal hiring or campus placement. Over a long period of time, the Naukri JobSpeak was impacted by the increase in the Naukri traffic share, internet penetration, Naukri pricing strategy and job listing drives. 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 9 All rights reserved 2016 Info Edge (India) Limited.
10 10 All rights reserved 2016 Info Edge (India) Limited. ANNEXURE SECTORAL DATA IT-Software/Software Services BPO/ITES/CRM/Transcription Construction/Engineering/Cement/Metals Auto/Auto Ancillary Banking/Financial Services/Broking Oil and Gas/Power/Infrastructure/Energy Telcom/ISP Insurance Industrial Products/Heavy Machinery Pharma/Biotech/Clinical Research Hotels/Restaurants/Airlines/Travel FMCG/Foods/Beverage Chemicals/PetroChemical/Plastic/Rubber Education/Teaching/Training IT-Hardware & Networking Retailing Media/Dotcom/Entertainment Medical/Healthcare/Hospital Real Estate/Property Recruitment/Employment Firm Consumer Durables Accounting/Taxation/Finance Advertising/PR/MR/Events Textiles/Garments/Accessories Semiconductors/Electronics Courier/Transportation/Freight Architecture/Interior Designing Export/Import Printing/Packaging Industry* Mar Apr May Jun July Aug Sep Oct Nov Dec Jan Feb Mar-19
11 ANNEXURE FUNCTIONAL AREA Functional* Mar-18 Apr-18 May-18 Jun-18 July-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 IT-Software Sales / BD ITES / BPO / KPO / Customer Service Production / Maintenance / Quality Accounts / Finance / Tax / CS / Audit HR / Administration / IR Site Engineering / Project Management Marketing / Advertising / MR / PR Banking / Insurance Engineering Design / R&D Purchase / Logistics / Supply Chain Secretary / Front Office / Data Entry IT- Hardware / Telecom / Technical Staff Teaching / Education Pharma / Biotech / Healthcare / Medical Hotels / Restaurants Top Management Architecture / Interior Design Export / Import / Merchandising Corporate Planning / Consulting Legal Web / Graphic Design / Visualiser Content / Journalism Ticketing / Travel / Airlines Fashion / Garments / Merchandising Guards / Security Services TV / Films / Production Packaging All rights reserved 2016 Info Edge (India) Limited.
12 ANNEXURE CITIES Cities* Mar-18 Apr-18 May-18 Jun-18 July-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Delhi / NCR ,337 2,316 2,272 2, Mumbai ,841 1,826 1,707 1, Bengaluru / Bangalore ,271 2,125 2,166 2, Chennai ,736 1,738 1,710 1, Hyderabad / Secunderabad ,261 2,360 2,305 2, Pune ,591 2,487 2,297 2, Kolkata ,220 2,499 2,398 2, Ahmedabad ,844 3,266 2,893 3, Chandigarh ,714 1,880 1,889 2, Ernakulam / Kochi / Cochin ,046 3,309 3,141 3, Vadodara / Baroda ,514 2,545 2,972 2, Coimbatore ,209 2,201 2,181 2, Jaipur ,638 3,503 3,572 3, All rights reserved 2016 Info Edge (India) Limited.
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