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w w w. c o n t e n t . t i m e s j o b s . c o m
VOLUME-V | ISSUE 1
JANUARY 2015
The 5 big spotlights of 2015 for India Inc
H I R I N G & B E YO N D
As we celebrate our 5th anniversary and welcome 2015, we bring
you five hot trends in the Indian recruitment and HR space which are
bound to put India Inc on a global landscape. This is followed by the
sectors and jobs that are likely to rule the roost in the coming year.
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top
Social Media
Social professional networks are emerging
as powerful hiring tools “Recruiters hire
after looking at the career graphs of
employees via head hunting, making this
process easy, especially for hiring mid- and
senior-level,” says Vikram Chopra, CEO &
founder, Fabfurnish.com.
Job Portals 2.0
More and more job portals are populating
the market for recruitment and hiring of
resources. This is one platform which will
do well next year as well, believes Chopra.
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RECRUITMENT
GAME CHANGERS
Online job sites have revolutionised the
recruitment landscape for both employers
and job seekers and have increased the
efficiency with which hiring decisions take
place. The best part of search options in job
portals is that it always shows the recently
updated resumes at the top thus, providing
fresh talent at the very beginning.
Referral Programs
These programs differ from one company to
another. In fact, some companies may not
even have such a policy. But the concept of
having such a program is slowly gaining
momentum in order to increase engagement
of employees in the organisation.
Data Analytics
Mobile Hiring
Companies are now optimising job postings
and career websites on mobiles. Today,
almost everyone has a smartphone and
recruiters are making the most of it.
This medium is best for generic job profiles.
There’s a likelihood of talent acquisition
leaders relying heavily on data analytics in
the coming year, to make informed business
decisions for both short-term and long-term,
said Sarker.
PRIORTIES
FOR
HR
Hiring Methodology:
Employee Engagement
Rewards & Recognition
The year 2015 will witness an evolution in
hiring trends to be more employee friendly
and having flexible employment policies.
For instance, one of the most crucial trends
that will witness prominence in the
technology sector, in the coming year would
be budget increase in companies,
inculcating a positive attitude in
institutions on recruiting. In order to
accomplish maximum recruitments in a
company, Human Resource executives will
need to imbibe and offer employees the best
the industry can offer.
“Companies will focus on engaging more
employees through innovative schemes and
activities for e.g. connecting through
message boards, creating intra-company
social sites etc,” said Sanjay Deshpande,
CEO and co-founder, Uniken.
Higher attrition levels will force companies
to spend more on employee retention
through wage hikes and innovative
incentive schemes, feels Deshpande.
Workplace Culture
Work culture will improve with companies
moving to an open, face to face collaboration
by ditching cubicles for relaxed
environments. This will be influenced by the
emerging startup culture in the country.
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Technology & HR
Speed and Technology go hand in hand. We
will start seeing more social media updates
and blog posts on hiring & work culture
from companies in 2015.Mobile hiring and
the mobile job search will explode with more
than 85 per cent of job seekers using mobiles
as their preferred medium of search.
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VOLUME-V | ISSUE 1
JANUARY 2015
H I R I N G & B E YO N D
5
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POWERFUL
JOB
Manufacturing
Marwah. The emergence of the Indian
Software industry has injected a new
confidence and paradigm in Indian business
and hence, a lot of job opportunities will
open up in the coming years.
The current government aspires to
strengthen the Manufacturing sector of
India. “Policy makers have realised that
India’s growing economy offers many
opportunities to domestic and international
players to invest and hence, India needs to
take measures to develop this sector, which
has great potential and can add to the GDP,”
feels Preeti Marwah, vice president & head
of HR, Power2SME. With the ‘Make In India’
campaign the GDP contribution from this
sector is expected to boost up. This will have
a cascading effect on all sectors through
creation of jobs and opportunities.
E-commerce Startups
Software
The Software industry has overtaken PSUs
as the biggest job creator in the country.
This industry is expected to grow between
12-14 per cent during the next five years, said
5
top
Tech Professionals
Technology products and services will
continue to have a huge demand, making
technology jobs hot and rewarding. Within
tech, specialisations in SMAC, user
experience design and usability engineering
would be most rewarding. The Technology
industry remains one of the fastest growing
sectors and biggest employment generators.
Analysts
E-commerce players are building their
analytics capabilities and in a bid to get the
right analytical talent they are offering
lucrative salaries to analysts across levels,
SECTORS
This is the space to watch out for, given the
speed of evolution and scale of change.
“Compared to a scenario 5 years back,
wherein the hiring process was slow as the
future of e-commerce was not clear, today,
hiring has picked up in a big way.
Companies are hiring from the most elite
talent pool available in the market, to stay in
tandem with the competition,” said Ashu
Malhotra, head-HR Jabong. Considering that
the $ 11 billion e-commerce business is
predicted to hit $20 billion in 2015, the fast
pace at which this business is set to grow is
only imaginable.
BFSI
As the public sector and cooperative banks
plan to go mobile, this will witness
phenomenal growth in 2015. The Pradhan
Mantri Jan-Dhan Yojana has provided
further impetus to the sector. “From support
and maintenance to enhancement of
services, BFSI will lead the recruitment
market in 2015,” said Pratyush Nandkeolyar,
global head-Talent Acquisition Group,
Fulcrum Worldwide.
Telecom
The Telecom sector has experienced rapid
growth owing to regulatory liberalisation,
making telecom one of the major catalysts
in India’s growth story. “Owing to increased
penetration in rural areas along with
growth in the smartphone numbers and
internet usage, increase in job opportunities
is expected in times ahead,” said Marwah.
BEST
PAYING
JOBS
said Amit Vadera, senior general manager,
TeamLease Services.
Researchers
“Jobs in research and development (R&D)
will grow across key sectors with increased
focus on innovation,” feels Ashish Chattaraj,
country HR manager, Freescale
Semiconductor India Pvt Ltd. Today, every
company is spending heavily on R&D and it
will certainly attract a lot of job seekers.
Project Managers
Project management jobs in the IT sector
will be rewarding, said Gaurav Saini,
associate director & head L&D-People
Practice Team, Happiest Minds. The role of
program manager is evolving so as to be
challenging as he/she is expected to align
and realign the team’s initiatives with
changing complex business environments.
Management Consultants
The job of a management consultant
involves providing clients with insights on
unchartered business territories and help
resolve growth issues. The dynamics of
economy, technology and the rise of
connected consumers have increased the
demand for management consultants.
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VOLUME-V | ISSUE 1
JANUARY 2015
H I R I N G & B E YO N D
Are degrees only a passport to get jobs?
Industry-Academia mulls in TimesJobs.com Conversations held in New Delhi
W
ith the PM Modi’s ‘Make in India’
campaign, industry experts expect
nearly 60 lakh jobs to get converted
in the next couple of years. This sounds
great or on second thoughts maybe not so
great! Does India have enough talent/skilled
talent to gear up for the next phase of
economic development and globalisation?
The answer is 50:50. This is the best case
scenario. A diversified talent pool is
available, but they are not employable (read
not ready for the industry).
Talent is leaving core industries to join IT talking on this issue, Deepak Bharara,
CHRO, Lanco Group mentioned that today, a
civil engineer doesn’t want work in an
infrastructure site even with a good salary.
They want a comfortable and plush job in
the city. “Designation is another major
distress factor for employees as IT
companies give fancy designations such as
team lead/supervisor, however on the site,
s/he is working as an engineer only.”
which is brilliant, is under-utilised. If used
to its full strength, we might be able to
reduce the huge investment in skills
trainings.
There is also a dire need to re-assess the
selection criteria of colleges for students.
“While choosing an institute, we pay a great
deal of attention to the selection criteria of
institutes, as it directly impacts the quality
of students. In fact, we run a pre-placement
drive to judge their interest level in the
company and the job,” said Amitabh
Akhauri, SVP, Jindal Stainless Steel.
Stating example from the automobile design
industry, Gaurav Kumar, associate director,
KPMG mentioned that globally, many
automobile design companies reach out to
kids in schools for design ideas. This also
gives school kids a window to realise their
potential and identify a career path in early
stages. He stressed that Indian institutions
should also imbibe such practices instead of
just focusing on theoretical teaching.
Underlining the challenges faced by the
academia, Senthil Kumar – director
admissions & outreach (North India) of
SRM University maintained that first and
foremost, we have to understand that
universities are not meant for placement but
to provide quality education and uplift skills
of their students. Higher education
institutes alone cannot be held responsible
for skilling and making students
employable. There is a long chain which
From time immemorial, the two major
stakeholders: industry and academia have
been at war. The former believes the current
academic curriculum and teaching methods
are outdated while, the latter has a grouse
about the lack of industry interest in
making students job-ready. Both are working
in different worlds, with different mindsets
to achieve different goals. Acting its part,
TimesJobs in association with SRM
University hosted an ‘Industry-Academia
Conclave’ to make both aware about each
others’ challenges and expectations. The
panel had representatives from non-IT
industries such as consumer healthcare,
consulting, infrastructure, power and
manufacturing.
During the introductory round, industry
experts acknowledged there is a disconnect
between industry and academia
expectations. In the war for skilled talent,
non-IT companies are losing talent to the IT
companies, even though the former are
paying better than the latter. Clearly this is a
wake-up call for manufacturing and non-IT
industries as they are not getting the
required talent easily, said Rajiv Sahdev,
SVP, Moserbaer India Ltd.
To enable students to choose the right career path when they
come to college, career counselling for students should start
from the school level. This will help in improving quality of
future workforce.
Do we really need engineers or do we need
skilled workforce? Raising this issue, Dr TK
Mandal, VP-HR, JK Paper Ltd highlighted
that every year 6 lakh engineers graduate
from various engineering colleges. Only half
get meaningful jobs and others are reduced
to doing jobs which are meant for IT
diploma holders. “This creates a large group
of underutilised and unsatisfied
employees.” Expectations need to be set
right from the college level itself.
According to Arun Sehgal, EVP-HR of GSK
Consumer Healthcare, there is some fixation
for professional education in India. “We
want engineers and MBAs for jobs where we
don’t require those skills. In my company, I
have engineers in the HR function and
MBAs in Sales.” He also strongly pointed
that the undergraduate talent in India,
4
leads back to schools. When students come
to college we have to undo certain things not
required in the practical world. “We have
moved from rote based learning to
application based learning.”
Together, the panel agreed that the industry
and the academia have to collaborate in
rightful ways. The faculty should come to
the industry to understand the new
requirements and train students
accordingly. On the other hand, corporate
leaders should also be inducted into the
academic boards. The Industry-Academia
should jointly assess students during college
admissions to guide them towards the right
courses/streams basis their interest, skills
and aptitude. This will help in reducing the
mismatch in demand and supply of talent
and benefit both industry and academia.
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MEDIA
VOLUME-V | ISSUE 1
JANUARY 2015
H I R I N G & B E YO N D
Mentions
It’s been a great year for us,
with many of our articles
getting wide national and
international coverage.
Here is a glimpse…
Watch out for opportunities in ‘job hubs of the future’
Tier II & III cities currently account for nearly 15 per cent of jobs across key sectors, according to the TimesJobs.com data. As per experts,
saturation of metros, low cost of living, availability of workforce at lower cost, favourable policies, investor interest and infrastructural
support are driving the job market of these cities. At a time, when PM announced the ‘Make In India’ initiative, emphasising the nation’s
growth lies in semi-urban and rural segments, its critical for the organisations to consider moving to these ‘job hubs of the future’. We take
a look at the scope and potential of some of the key locations which are giving the big and established job hubs a run for their money.
India Inc is wary of Mobile Recruitment: TimesJobs Insite Study
With almost the entire working population of India accessible on mobiles, 45% of Indian organisations still don’t
have a comprehensive mobile recruitment strategy. Over 50% of India’s Active Internet users are accessing the
internet on their mobile as well, apart from other sources states the latest IAMAI report. This is a clear
indication that there has been a huge uptake in consumption of theMobile Internet medium.
90% organisations plan to engage their retiring workforce: TimesJobs.com study
Close to 90 per cent of the organisations plan to engage their retiring workforce, revealed a TimesJobs.com study.
Nearly 45 per cent of these organisations plan to offer them mentorship roles, 30 per cent are planning to
employee them as consultants and 15 per cent are offering part-time/contractual jobs to this segment.
More Indians choose to work in India due to slowdown: TimesJobs.com study
40 per cent Indians are cautious about moving to the West for jobs due to the economic slowdown,
according to a TimesJobs.com study. The study also indicates that highly skilled professionals are
returning home, seeking the economic opportunities that they once sought abroad.
Men seek workplace flexibility as much as women
Nearly 50 per cent of the organisations revealed that frequency of usage of flexibility options is equal
among male and female employees in their organisation, according to a TimesJobs.com survey. This, in a
way, repudiates the myth that female employees seek more flexibility options than their male counterparts.
40% organisations lost top talent to startups in the last 6 months
Nearly 39 per cent organisations have witnessed talent movement to startups in the last 6 months, revealed a recent
TimesJobs.com survey. Overall, about 45 per cent of the organisations said they have lost their top talent to startups.
5 things to consider before accepting a startup job
Jobs in startups are increasingly becoming attractive for candidates. While they offer great
opportunities, there are pitfalls too. Before you consider taking that offer from a startup, ensure it’s the right call.
PUBLICATIONS
The Economic Times (Print & Online), Yahoo Singapore, Business Standard, The Financial Express, India Infoline, India Today, Press Trust
of India, Abhitak News, Blive, Dariya News, Bangalore Waves, Banking Frontiers, Bharat Press, Bihar Prabha, BizWire Express,
CareerXchange, Channel Infoline, Daily Newsz, DataGuru.in, Day of Bangalore, Digital Thanks, EduNextGen, EFYTimes.com,
EquityUpdates.com, Exoticecho.com: India News, Headlines India, HT Syndication, IndoAsiancommodities, Indian Nerve, Nagpur Today,
New Delhi Times, New Indian Express, NRI News 24 x 7, Smart Tech Today, The Telegraph India, ZeeNews (India) and many more.
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w w w. c o n t e n t . t i m e s j o b s . c o m
Most discussed stories of 2014
H I R I N G & B E YO N D
VOLUME-V | ISSUE 1
JANUARY 2015
Many of our stories created a lot of buzz in 2014 and garnered
many comments, likes and social sharing. Here is a snapshot of
some of the stories our corporate and candidate readers loved in
the past year…and the list goes on…
5 MOST READ BY CORPORATES
5 MOST READ BY CANDIDATES
High performers to get 15% hike, avg <10%
Ways to negotiate for a higher salary
If one analyses the net income after considering inflation rate
in the past two years, salary hike is between 2-3 per cent.
According to the TimesJobs.com RecruiteX, overall, single-digit
increments are expected in 2014; however, high performers can
look forward to increments in the range of
15-20 per cent.
Salary negotiation happens either when an employee explores
a new job opportunity or during the yearly performance
assessment meetings in the current organsiation. Though
difficult, it is necessary that employees at all levels overcome
the fear of rejection while asking for a salary hike.
http://content.timesjobs.com/ways-to-negotiate-for-a-highersalary/
http://content.timesjobs.com/high-performers-to-get-15-hike-avgless-than-10-2/
5 tips to have a career in cloud computing
Job hubs of the future: Tier II & III cities in India
The cloud computing space is evolving fast and the number of
opportunities is intensifying by each passing day. There is a
significant demand for fresh talent and for candidates with 2-5
years of experience for this role, according to the
TimesJobs.com data. Organisations are seeking specialised
skills while hiring these candidates. However, experts believe
that skills and expertise can be built with experience and time.
But there are other crucial factors that contribute to crafting a
successful career in cloud computing.
Tier II & III cities currently account for nearly 15 per cent of
jobs across key sectors, according to TimesJobs.com data. As
per experts crowded metros, low cost of living, availability of
workforce at lower cost, favourable policies, investor interest
and infrastructural support are driving the job markets.
http://content.timesjobs.com/job-hubs-future-tier-ii-iii-cities-india/
5 policy changes from Modi Govt to create jobs
hhttp://content.timesjobs.com/5-tips-to-have-a-career-in-cloudcomputing-2/
According to experts, the policy changes expected from the new
government for job creation will largely benefit the private
sector. The historic win of Narendra Modi in the general
elections 2014 was enough to change the sentiments of the job
market. So, what policy changes are expected from the new
government to give a boost to the flaying job market?
TimesJobs.com spoke to Dr DK Srivastava, Chief Policy
Advisor, Ernst & Young, a noted academician, about the policy
changes likely to be seen during the Modi regime that will lead
to job creation.
With India Inc offering more jobs to the existing talent pool,
organisations are looking at two factors – sustainability and
suitability. Employees across sectors and industry verticals
have relevant technical knowledge, but experts feel that it is
not enough to hire candidates with technical knowledge only.
They want to look at other aspects as well.
http://content.timesjobs.com/5-policy-changes-from-modi-govt-thatwill-create-jobs/
http://content.timesjobs.com/professional-certification-gives-anedge-to-pm-professionals/
Slowdown brings Indians back home
Career mistakes freshers must avoid
40 per cent Indians are cautious about moving to the West for
jobs due to the economic slowdown, according to a
TimesJobs.com study. The study also indicates that highly
skilled professionals are returning home seeking the economic
opportunities that they once sought abroad.
There is nothing to beat the feeling of the thrill of an
appointment letter and the high of being able to get your own
salary. You have worked hard, built your skills and diligently
hunted for a job and finally got it! However, there are things
you need to keep in mind when you start your first job.
http://content.timesjobs.com/more-indians-choose-to-work-in-indiadue-to-slowdown-timesjobs-com-study/
http://content.timesjobs.com/career-mistakes-freshers-must-avoid/
Certified PM professionals draw higher salary
6 tips for ‘why did you leave your previous job’
Companies not monitoring employee attendance!
Traditionally, enterprises have been particular about the
attendance of their employees, strictly monitoring the in and
out time. But two Indian tech companies are changing these
rigid industry norms.
Before answering any of the interview questions, one should
introspect and ascertain that the answer is appropriately
clubbed with effective reasoning and feedback. The focus must
be on establishing your truthfulness and leaving a good
impression and a reference point for your next job interview.
http://content.timesjobs.com/companies-monitoring-employeesattendance/
http://content.timesjobs.com/6-tips-interview-answer-leaveprevious-job/
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VOLUME-V | ISSUE 1
JANUARY 2015
H I R I N G & B E YO N D
Our Year on
Social Media
We spent the better part of 2014
strengthening our footprint on
social media space and we have
some great things to share with you.
Let us take you through our social
journey this year!
Top Facebook posts
TimesJobs.com & TriEdge Solution - High-impact, 2-day workshop
Want to know how technology has changed the way you hire? Read
here http://bit.ly/1qFGGFX
We would
love to have
you in our
social family
Follow us @Recruiters Z.O
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VOLUME-V | ISSUE 1
JANUARY 2015
H I R I N G & B E YO N D
On our fifth anniversary…
Time is not measured by the passing of years but by what one does, what one feels and what one achieves.
- Jawaharlal Nehru
Dear Readers,
Today, as we turn 5, we muse over all that has changed over the years. We have definitely grown and evolved to
stand where we are currently! But this wouldn’t have been possible without your continuous support. To
express our sincere gratitude to our readers, we bring you the ‘Collector’s Edition’, offering glimpses of some of
our achievements during the past year and a special forward-looking industry feature.
We promise to bring you more insightful TJinsite editions with every passing year. Your support, encouragement
and motivation will help us reach new milestones. Wishing all our readers a very happy and prosperous new
year!
Thank You!
Team TJinsite
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Editorial: E Jayashree Kurup, Girish Bindal, Apeksha Kaushik, Neha Singh Verma, Amrita Premrajan, Renu Arya,
Kanchana Dwarkanath | Design: Harsha Khattar
Disclaimer: Information provided in this newsletter shall not be reproduced, published, re-sold or otherwise distributed in
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