The Salary Primer is an annual compilation of Permanent and Temporary market salaries across the most relevant geographies and industries, accompanied by trends and insights which add value to hiring and talent management decisions our stakeholders make. Data points covering these attributes for Temporary staff working across 318 different Job Profiles, 13 Industries and 8 Functional Domains in 14 major locations; and Permanent employees working across 9 industries, 6 cities and 41 profiles.

The Primer serves as a guide for both job seekers and employers to obtain relevant information and useful insights on talent, skills, salaries, increments and talent longevity.

The quarterly TeamLease Employment Outlook Report is a forward looking tool for human resource policy and decision makers, reflecting business sentiment for hiring across cities and sectors. The report carries a snapshot of business hiring sentiment for the immediate next three months with survey and analysis being carried out in the preceding quarter.

The Employment Outlook Survey spans eight industry sectors and eight cities across India. The survey covers small, medium and large companies across these sectors, studies attrition and employment trends, and gleans information on hiring sentiments, all this covering different locations, hierarchical levels and functional areas.

The current edition of the Employment Outlook Report revisits and validates the forecasts made in the immediate past reports, with the help of an extensive secondary research exercise. In addition to this, we have set out to invite thoughts on hiring and talent retention from respondents that go beyond hiring and business sentiment inputs we usually solicit from them.

With the most critical drivers that influence hiring being tracked quarter on quarter, the Employment Outlook Report is the only one of its kind seeking to deliver high impact hiring decision support to its stakeholders – Business & HR heads, Senior Management as well as industry policy makers.

The quarterly TeamLease Employment Outlook Report is a forward looking tool for human resource policy and decision makers, reflecting business sentiment for hiring across cities and sectors. The report carries a snapshot of business hiring sentiment for the immediate next three months with survey and analysis being carried out in the preceding quarter.

The Employment Outlook Survey spans eight industry sectors and eight cities across India. The survey covers small, medium and large companies across these sectors, studies attrition and employment trends, and gleans information on hiring sentiments, all this covering different locations, hierarchical levels and functional areas.

We had attempted a forecast analysis for the overall Employment and Business indexes as well as for individual cities, in the report for the quarter of July – September, 2011. We present a revisit and validation of this forecasting exercise in the current edition of the Employment Outlook Report.

With the most critical drivers that influence hiring being tracked quarter on quarter, the Employment Outlook Report is the only one of its kind seeking to deliver high impact hiring decision support to its stakeholders – Business & HR heads, Senior Management as well as industry policy makers.

The quarterly TeamLease Employment Outlook Report is a forward looking tool for human resource policy and decision makers, reflecting business sentiment for hiring across cities and sectors. The report carries a snapshot of business hiring sentiment for the immediate next three months with survey and analysis being carried out in the preceding quarter.

The Employment Outlook Survey spans eight industry sectors and eight cities across India. The survey covers small, medium and large companies across these sectors, studies attrition and employment trends, and gleans information on hiring sentiments, all this covering different locations, hierarchical levels and functional areas.

This edition of the Employment Outlook Report reports on a subtle and steady drop in sentiment across many cities and sectors that has occurred over the past 12 months, grabbing most onlookers unaware. We attempt a visualization of this phenomenon with some not-so-convenient truths for all of us to digest.

With the most critical drivers that influence hiring being tracked quarter on quarter, the Employment Outlook Report is the only one of its kind seeking to deliver high impact hiring decision support to its stakeholders – Business & HR heads, Senior Management as well as industry policy makers.

Public Holidays Maharashtra Notification 2011.

The TeamLease Annual Temp Salary Primer 2011 is a comprehensive report on a variety of attributes that govern the dynamics of the employment market – skills, salaries, increments and longevity (which is a measure of the time period for which a profile would stay in a job – the inverse of attrition). Data points covering these attributes for temp staff working across 318 different Job Profiles, 13 Industries and 8 Functional Domains in 14 major locations in India have been processed and analyzed for this purpose.

INCREMENTS & LONGEVITY SPECIAL
The TeamLease Annual Temp Salary Primer 2010 is a comprehensive report on a variety of attributes that govern the dynamics of the employment market – skills, salaries, increments and longevity (which is a measure of the time period for which a profile would stay in a job – the inverse of attrition). Data points covering these attributes for temp staff working across 264 different Job Profiles, 13 Industries and 8 Functional Domains in 14 major locations in India have been processed and analyzed for this purpose.

The survey focuses on employment growth potential and hiring forecasts to explore hiring requirements by management levels, function and age group and captures the responses of HR Heads, CEOs and the Senior Management professionals responsible for hiring decisions in their respective organizations.

The TeamLease Annual Temp Salary Primer 2009 is a comprehensive report on skills and salary data for temp staff working across 264 different Job Profiles, 13 Industries and 8 Functional Domains in 14 major locations in India. The Primer serves as a guide for both job seekers and employers to get relevant information on talent, skills, salary growth rates and compensation. We are also introducing our ICP framework to the users, to reduce the wide ambiguity seen in the use of generic job designations.

This report is our second ranking of Indian States – the first one was done in 2006 - based on a labour ecosystem index, crafted to reflect the three variables of labour supply, labour demand and labour laws. Just like politics, all labour markets are local.

The survey focuses on employment growth potential and hiring forecasts, for the next three months and provides an overview of hiring pattern with relation to location and company profile.

This report makes the case that India's next wave of poverty reduction will come from accelerating India's four labour market transitions; farm to non-farm, rural to urban, unorganized to organized and subsistence self-employment to decent wage employment.

The survey focuses on employment growth potential and hiring forecasts, and provides an overview of hiring pattern with relation to location and company profile.

This report attempts to unravel the issue of employability in its overall hues and colours. Employability of an individual is seen to depend on the knowledge and skills possessed; the attitude towards employment, and the economic context within which employment is availed. These are inter-linked factors and an effort has been made to substantiate the argument using empirical analysis throughout the report.

The TeamLease Annual Temp Salary Primer 2006 reports salary data for temp staff working across 23 profiles and 6 Industry domains in 9 major locations in India. This temp primer is designed to be a comprehensive and thorough guide for both job seekers and the employers to match talent, experience and compensation.

India’s economic reforms are on track and she has a new appointment to meet a heavily delayed “tryst with destiny”. However, there is justifiable disappointment with the lack of new job creation or shift from unorganized employment since reforms began in 1991.

Recruitment Process Outsourcing (RPO) came as a boon at this juncture, to capitalize on this need gap. While the global developed economies welcomed it and soon found themselves being surrounded by several providers vying for a share of the pie, in India, the spurt has been happening more since the last decade.

This paper attempts to understand the RPO Industry from the very roots, provide a classical understanding of the offerings of an RPO, and also lay out the Global and Indian perspectives on the growth of this industry, given the economic factors that swing the ropes in the RPO field.

India has a complex statutory and labour law framework with nearly 40+ labour laws currently in force.

The applicability of each law for your organization is further determined by your industry domain and locational spread.

Decoding and complying with all the statutory and labour compliances relevant to your organisation, is at best a tedious and time consuming task. Though a critical aspect, it may not add value to your organisation’s functional priorities and core competencies. Many organisations now choose to outsource this critical yet non-core activity to specialist organisations with relevant experience and expertise in undertaking such activities.

Here we present one such case from a leading IT organisation which has availed of our Regulatory Compliance Services and gained tremendously.

Employment Outlook Survey - This half yearly edition from TeamLease bring you various new insights across sectors, cities and functional areas.

ENTRY-LEVEL TALENT; TO SEE A 10% INCREASE IN HIRING

The renewed confidence in the current regime coupled with favourable economic growth forecast seems to having a positive impact on hiring sentiments states TeamLease Employment Outlook Report. According to the report, entry-level talent will be the biggest gainer in the current half year. Fresher hiring is expected to witness a 10% rise during the period October’15 to March’16.

A detailed study on job creation and hiring patterns, according to report the positivity is not just contained to the entry level talent, though at a moderate rate the buoyancy will be visible in the business and employment outlook across sectors and cities. While the business sentiment will see an uptick of 2 points, the employment outlook will grow by 3 basis points indicating stable growth.

KEY FINDINGS OF THE STUDY

• Favourable prognosis for the economy by the United Nations, corporate citizenry expectant of the new government taking a leap of faith on reforms, and the continuing flurry of innovation activity result in an incremental improvement in the number of employers looking to increase hiring and help keep up employment sentiment at 89%, a small, but significant, increase of 3 basis points over the previous half-year forecast.
• Large and medium-sized businesses [+4 and +3 percentage points respectively] are likely to fill entry- and senior-level positions [+10 and +2 points]. The numbers are coming in from metros and Tier-1 cities, all of the functional areas sans Sales and Marketing, and all of the sectors sans Financial Services and Telecommunications.
• Modest growth in outlook is seen across sectors, most notably Information Technology, Infrastructure and Health & Pharmaceuticals [+3 percentage points each], and there is significant uptick in outlook across cities, with sentiments in Bangalore and Mumbai improving by 5 and 4 points, respectively. In Mumbai and Pune, these trends juxtapose to create a host of city-sector clusters that see upwards of 3-point increases in outlook.
• The Infrastructure sector seems to be an early beneficiary of the ‘Make in India’ initiative with Manufacturing, the actual intended beneficiary, expected to benefit with a lag effect. Swelling foreign exchange reserves and the government’s acceleration of projects have aided the sector in this growth. The number of jobs in the sector is projected to double over the next decade. Information Technology and Health & Pharmaceuticals are the other two sectors that stack up equally high [+3 points each].
• The positive – albeit incremental – sentiment seen across most sectors and cities is only slightly negated by the few, even less incremental, negative sentiment in Financial Services and Telecommunications [-3 and -2 points, respectively] among sectors, and Delhi [-2 points] among cities. The negative outlook, in all these cases is attributable to the number of respondents intending to lower the pace of hiring.
• The recurring theme of consumer maturity and technological innovation is now being ferociously leveraged by ecommerce businesses and technology startups. They debut impressively on our sector list with 84% of the respondents from the sector indicating the intent to increase hiring. Businesses in the sector are as much driven by demand growth and hyper-competition as they are by severe attrition

Elaborating on the report, Mr. Kunal Sen, Senior Vice President, TeamLease Services said, “With both the push and pull factors aligned towards growth, employers are becoming keen to invest in talent acquisition. In fact, the overall sentiments have stabilized this time and we are confident that it will translate into action on ground as well over the next 6 months.”

Download the report to know more in detail.

2015

Employment Outlook Survey - This half yearly edition from TeamLease bring you various new insights across sectors, cities and functional areas.

Summary of the report

• Business and Employment Outlook, and Job Growth, trends flag marginally after three subsequent half-years of growing at a blistering pace. The dip in Employment Outlook [-2%] is a wee-bit more pronounced than the Business Outlook [-1%], a pattern that has become familiar by now – employers prefer to have hiring lag business. Macroeconomic factors, mostly, play out this rather somber scenario as forecast for the coming half-year.

• FMCD [+4%], Manufacturing and Engineering and Retail [+3%, each] and Delhi, Mumbai and Chennai [+5%, each] do marginally better than the previous half-year on Business Outlook while Infrastructure and Telecommunication [-4%, each], and Hyderabad [+5%] and Kolkata [-7%] lose. The rest of the sectors and cities hold on to their previous outlook numbers.

• IT, Manufacturing and Engineering and Retail [+4%, each] lead the sectors, and Delhi [+4%], Mumbai and Pune [+3%, each] lead cities for the Employment Outlook. Telecommunication, Hyderabad and Kolkata bring up the rear with a 5% loss, each, in Employment Outlook. The remaining sectors and cities have unappreciable changes in their outlook.

• A significantly lower Job Growth rate for the half-year may still bolster jobs significantly for FMCD [+2.32%] and Infrastructure [+2.06%] among sectors, and Mumbai [+2.19%] and Bangalore [+1.58%] among cities.

• The Junior- (1 – 3 years’ experience) [+4%] and Senior-level [+2%] hires continue to be popular with employers. IT / Engineering nd Blue Collar [+3%, each] hires are likely to be sought after as well, over the coming half year.

• Top three sectors (by city) in terms of employment outlook growth are - 
o Mumbai: FMCD (3%) / Manufacturing & Engineering (3%) / Information Technology (2%)
o Delhi: Manufacturing & Engineering (3%) / Information Technology (2%)/ FMCG (2%)
o Bangalore: Infrastructure (2%) / Telecom (1%) / FMCG (1%)
o Kolkata: Manufacturing & Engineering (4%) / Financial Services (1%)
o Chennai: Manufacturing & Engineering (6%)/ Information Technology (3%) / Healthcare & Pharma (3%)
o Pune: Information Technology (2%)/ FMCG (2%)/ Retail (2%)
o Hyderabad: Healthcare & Pharma , Telecom(1% each)
o Ahmedabad: Infrastructure (3%) / FMCD (2%)

• New domains such as Big Data and Predictive Analytics are accelerating the need for a highly sophisticated workforce, and at scale. The skills required for a Big Data analytics function are diverse and are rooted in mathematics and statistics, besides programming skills. This domain, by itself, affords an entire hierarchy of data analyst job profiles, each of which is both intellectually and monetarily rewarding. Demand, across the hierarchy illustrated here, will likely far outstrip supply.

• Startups and Recruitment Process Outsourcing (RPO) are emergent trends associated with rapidly increasing scale of hiring. The next edition of the report would elaborate on these trends.