JANUARY 2017 - TimesJobscontent.timesjobs.com/docs/RecruiteXJan2017.pdf · 2020-04-30 · Legal &...

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1 I JANUARY 2017 JANUARY 2017

Transcript of JANUARY 2017 - TimesJobscontent.timesjobs.com/docs/RecruiteXJan2017.pdf · 2020-04-30 · Legal &...

Page 1: JANUARY 2017 - TimesJobscontent.timesjobs.com/docs/RecruiteXJan2017.pdf · 2020-04-30 · Legal & law sector posted 20% rise in talent demand Biotechnology, pharmaceuticals reported

1 I JANUARY 2017

J A N U A R Y 2 0 1 7

Page 2: JANUARY 2017 - TimesJobscontent.timesjobs.com/docs/RecruiteXJan2017.pdf · 2020-04-30 · Legal & law sector posted 20% rise in talent demand Biotechnology, pharmaceuticals reported

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

Page 3: JANUARY 2017 - TimesJobscontent.timesjobs.com/docs/RecruiteXJan2017.pdf · 2020-04-30 · Legal & law sector posted 20% rise in talent demand Biotechnology, pharmaceuticals reported

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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.

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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

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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

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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

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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

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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

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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

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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]