A REPORT ON HIRING ACTIVITY IN INDIA by: Location, Industry and Experience
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1 August A NAUKRI.COM REPORT A Naukri.com group company A Naukri.com group company A REPORT ON HIRING ACTIVITY IN INDIA by: Location, Industry and Experience
2 2 TABLE OF CONTENTS Executive Summary... 4 Sectoral Analysis... 5 Functional Area Analysis... 6 City based scenario... 7 Work Experience based analysis... 8 Methodology... 9 Annexure
3 Growth in hiring activity continues: Naukri Job Speak Index sees 13% increase in Aug 15 over Aug 14 The Banking and Financial services industry continued to lead the pack with a 26% Y-o-Y growth in hiring in the Aug 14 index The hiring activity in the Auto and Ancillary industry finally stabilized in the Aug 15 index after witnessing a continued decline in the last three Job Speak editions The demand for Advertising/PR/Marketing professionals saw the maximum increase in the Aug 15 index, to the tune of 34% Y-o-Y growth Among the metros, Hyderabad topped the chart with 24% Y-o-Y increase in hiring activity 3 26% Hiring trends across top industry sectors 13% 13% 9% 5% 5% Auto Insurance Banking IT Pharma Telecom BPO Oil & Gas -1% 34% figures are percentage change in Aug-15 over Aug-14-10% 17% 13% 13% 13% 13% Hiring trends across functional areas Banking Marketing Sales HR ITES IT Finance figures are percentage change in Aug-15 over Aug-14-4% Hiring trends across top cities 24% 19% 15% 13% 10% 10% Stable Hyderabad Mumbai Pune Bengaluru Chennai Delhi Kolkata figures are percentage change in Aug-15 over Aug-14
4 4 OVERALL JOB INDEX Naukri Job Speak Index for the month of August 2015 recorded a 13% increase in hiring activity over August 2014 and stood at Banking and Financial Services (BFSI) recorded the maximum increase in hiring activity, as mentioned above, followed by Healthcare, Pharmaceuticals, IT Software, Telecom and Media and entertainment industries. While hiring activity in Auto and ancillary stabilised, the hiring activity in Insurance sector continued to witness a decline in the Aug 15 index as well. Among the metros, Hyderabad recorded the maximum Y-o-Y increase in hiring activity followed by Mumbai, Pune, Bangalore, Delhi and Chennai. V. Suresh, Executive Vice President and Chief Sales Officer, Naukri.com said, Job market seems to be moving north sustaining the momentum gained over the first 4 months of this financial year with an impressive 13% YOY growth in August. This growth is led by sectors like IT, Banking and Pharma and we can expect the other sectors to pick up in the next few quarters. Looks like exciting times are ahead for jobseekers. Overall Hiring Trends Index Aug-14 Sep-14 Oct-14 Nov-14 Dec-14 Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug Aug-14 Sep-14 Oct-14 Nov-14 Dec-14 Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15 Total no. of new jobs posted in July 2008 was scaled to Index for subsequent months is relative to Jul 08.
5 5 SECTORAL ANALYSIS As mentioned above, BFSI witnessed the maximum Y-o-Y growth in hiring activity. Following that, Healthcare and Pharma industries recorded a 26% and 13% Y-o-Y increase in hiring activity respectively in the Aug 15 index 26% IT software and IT Hardware industries witnessed a 13% and 3% Y-o-Y growth in hiring activity respectively The Telecom and Media and entertainment sectors witnessed a spike of 9% and 7% respectively in August 2015 in comparison to August 2014 On the other hand, the Insurance sector once again saw a year on year decline in hiring activity, to the tunes of 10% 13% 13% 9% Hiring trends across top industry sectors 5% 5% Auto Insurance Banking IT Pharma Telecom BPO Oil & Gas -1% figures are percentage change in Aug-15 over Aug-14-10% Industry Jul 08 IT- Software 1000 BPO and ITeS 1000 Construction and Engineering 1000 Auto and Auto Ancillary 1000 Banking and Financial Services 1000 Oil and Gas 1000 Telecom 1000 Insurance 1000 Capital Goods 1000 Pharma & Biotech 1000 Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug No. of new jobs posted in July '08 for each industry was scaled to 1000; all months have been compared with previous column
6 6 FUNCTIONAL AREA ANALYSIS Apart from the growth in demand for Advertising/PR/Marketing professionals as mentioned above, The demand for professionals in Pharma grew by 18% in August 2015 over August 2014 The demand for ITES/BPO professionals registered an Y-o-Y upward movement in hiring activity by 13% in the Aug 15 index The demand for professionals working in Banking/Insurance, however, saw a Y-o-Y decline of 4% in August 15 index 34% 17% 13% 13% 13% 13% Hiring trends across functional areas Banking Marketing Sales HR ITES IT Finance figures are percentage change in Aug-15 over Aug-14-4% Functional Area Jul 08 IT-Software 1000 Sales and Business Development 1000 ITES and BPO 1000 Production and Maintenance 1000 Accounts and Finance 1000 HR & Administration 1000 Project Management 1000 Marketing and Advertising 1000 Banking and Insurance 1000 Engineering Design 1000 Aug-14 Sep Oct-14 Nov Dec-14 Jan Feb Mar Apr May Jun Jul Aug No. of new jobs posted in July '08 for each F-Area was scaled to 1000; all months have been compared with previous column
7 7 CITY BASED HIRING SCENARIO Job Trends Across Top Cities 10% Delhi Stable 19% 15% 24% Kolkata Mumbai Pune 13% 10% Hyderabad All metro cities registered an increase in hiring activity in August 2015 in comparison to August 2014 Bengaluru Chennai Apart from Hyderabad, Mumbai and Pune recoded a Y-o-Y increase in hiring activity to the tunes of 19% and 15% respectively in the Aug 15 index The demand for ITES/BPO professionals registered an Y-o-Y upward movement in hiring activity by 13% in the Aug 15 index figures are percentage change in Aug-15 over Aug-14 The demand for professionals working in Banking/Insurance, however, saw a Y-o-Y decline of 4% in August 15 index City* Jul 08 Aug-14 Sep-14 Oct-14 Nov-14 Dec-14 Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15 Delhi-NCR 1000 Mumbai 1000 Bangalore 1000 Chennai 1000 Hyderabad 1000 Pune 1000 Kolkata No. of new jobs posted in July '08 for each city was scaled to 1000; all months have been compared with previous column
8 8 WORK- EX BASED SCENARIO In Aug 15, hiring activity revived across all experience levels. Professionals across all experience levels saw a marginal increase in over Aug Experience Buckets Percentage share of jobs across experience levels in Aug 15 6% 3% 21% 32% 0-3 yrs 4-7 yrs 8-12 yrs yrs 38% >16 yrs
9 9 METHODOLOGY Naukri.com is India s No. 1 job site that enjoys a a traffic share of 69% as per Comscore. With more than 1,25,000 jobs live at any point in time and over 38 million CV s, Naukri.com serviced over 48,000 corporate clients in This wide spread access to hiring activity across sectors, regions and functional areas gives the company a substantial base to build its analysis. On the basis of job listings added to the site every month, the data shows an increase or decrease in the index. To calculate the index, job listings added to the site in July 2008 have been taken as The subsequent months have been indexed with data of July The monthly report shows hiring trends across industry sectors, geography and functional areas. There might be high volatility for certain fringe cases like smaller cities, niche industries etc. owing to a small base, but more than clients using Naukri.com leads to high reliability of the data. The Naukri Job Speak index from Feb 10 includes both online jobs as wells as jobs acquired from existing clients by our tele-calling team. Although the tele-calling data is a relatively small component of the entire job postings on Naukri, addition of the same to the index gives a more holistic picture of the Indian job market. Therefore, the Job index which was till now based on the July 2008, has been realigned to take care of the effect of the Jobs added by the tele-sales team. Naukri Job Speak not only talks about sectors or cities but also about the total job movement on site. The total jobs on site are defined as: Total Jobs: Jobs Added + Jobs Refreshed Where a refreshed job is any job that was posted earlier, however has been refreshed during the month and therefore indicates that the position is still open. 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
10 10 ANNEXURE SECTORAL DATA Industry* Aug-14 Sep-14 Oct-14 Nov-14 Dec-14 Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15 IT-Software/Software Services BPO/ITES/CRM/Transcription 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 *No. of new jobs posted in July '08 for each city was scaled to 1000; all months have been compared with July '08 Upward movement of the index as compared to the previous month Dip in the index
11 11 ANNEXURE FUNCTIONAL AREA Functional Area* Aug-14 Sep-14 Oct-14 Nov-14 Dec-14 Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15 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 *No. of new jobs posted in July '08 for each city was scaled to 1000; all months have been compared with July '08 Upward movement of the index as compared to the previous month Dip in the index
12 12 ANNEXURE CITIES City* Aug-14 Sep-14 Oct-14 Nov-14 Dec-14 Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15 Delhi / NCR Mumbai Bengaluru / Bangalore Chennai Hyderabad / Secunderabad Pune Kolkata Ahmedabad Chandigarh Ernakulam Vadodara / Baroda Coimbatore Jaipur *No. of new jobs posted in July '08 for each city was scaled to 1000; all months have been compared with July '08 Upward movement of the index as compared to the previous month Dip in the index
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