employment outlook report-hy2-2017-18...• likewise, mumbai and hyderabad's 3 point lead is...

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EMPLOYMENT OUTLOOK REPORT Half Yearly Edition H2, 2017-18 Comprehensive overview of the mechanics of hiring, job growth, salaries and their drivers, trends and forecasts across eight cities and sixteen sectors in India.

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Page 1: employment outlook report-hy2-2017-18...• Likewise, Mumbai and Hyderabad's 3 point lead is significantly diminished by Pune (-4), Chennai (-4), Bangalore (-2) and Kolkata (-1). •

EMPLOYMENTOUTLOOKREPORT

Half Yearly EditionH2, 2017-18

Comprehensive overview of the mechanics of hiring, job growth, salaries and their drivers, trends and forecasts across eight cities and sixteen sectors in India.

Page 2: employment outlook report-hy2-2017-18...• Likewise, Mumbai and Hyderabad's 3 point lead is significantly diminished by Pune (-4), Chennai (-4), Bangalore (-2) and Kolkata (-1). •

• Measure trends in hiring sentiment across the country, and estimate Job Growth, by city and sector.

• Drill across geographies, business size and hierarchy to provide additional dimensions of the statistic.

• Identify the key drivers of hiring sentiment at a ‘big-picture’ as well as sector-level.

Note: The Employment Outlook and Job Growth statistics need to be read together for each sector for better understanding of the trends.

THE REPORTAIMS TO

Page 3: employment outlook report-hy2-2017-18...• Likewise, Mumbai and Hyderabad's 3 point lead is significantly diminished by Pune (-4), Chennai (-4), Bangalore (-2) and Kolkata (-1). •

The Net Employment Outlook is the difference between the number of respondents who are inclined to hire and the number of respondents who are disinclined to hire, over the next 6 months of the financial year (October through March, 2017-18). The Outlook is expressed as a percentage of the total number of respondents.�

For the forthcoming half year, for which the Outlook is being reported here, 92% responded positively (hiring would increase), 1% responded negatively (hiring would decrease) and 7% responded saying there would not be any change in the volume of hiring, from the previous half year. The Net Employment Outlook, therefore, would be 91%.

REPORTINGCONVENTION

HOW TO INTERPRET OUTLOOK STATISTICS

Page 4: employment outlook report-hy2-2017-18...• Likewise, Mumbai and Hyderabad's 3 point lead is significantly diminished by Pune (-4), Chennai (-4), Bangalore (-2) and Kolkata (-1). •

EXECUTIVE SUMMARY

• Three of the seven Functional Areas – Engineering (+3), Blue Collar (+3) and Office Services(+2) – are sought after by employers. Marketing (-4) and Human Resources (-3) are associated with significant negative sentiment.

• Manufacturing makes a smart recovery, although hiring sentiment in the sector remains slightly negative (-2, up from -5 during the previous HY). The pall of gloom projected in public discourse seems to be based more on hearsay than on hard facts.

• Financial Services (+3) and KPO (+2) lead the gains with less than substantial sentiment growth. Construction & Real Estate (-7), Agriculture & Agrochemicals (-4) and Travel & Hospitality (-4) are looking bleak.

• The top three sectors (by city) in terms of employment outlook growth are - • Mumbai: Financial Services | KPO, Power & Energy (+4 each)• Delhi: Ecommerce & Tech startups (+4) | KPO (+3) | Power & Energy (+3)• Bangalore: KPO (+5) | Ecommerce & Tech startups (+4) | Healthcare & Pharmaceuticals, Power & Energy, Financial Services, Media &

Entertainment (+2 each)• Kolkata: Power & Energy, Ecommerce & Tech startups (+3 each) | Information Technology, Financial Services (+2 each)• Chennai: Ecommerce & Tech startups (+5) | Power & Energy, Financial Services (+3 each) | Media & Entertainment (+2)• Pune: Healthcare & Pharmaceuticals (+4 each) | Power & Energy, Financial Services, Ecommerce & Tech startups, KPO (+3 each) |

Retail, Media & Entertainment (+2 each)• Hyderabad: Ecommerce & Tech startups (+6) | KPO (+4) | Financial Services, Retail, Educational Services (+2 each) • Ahmedabad: Power & Energy (+5)| Financial Services, Ecommerce & Tech startups, Educational Services (+4 each)| BPO (+3)

• A momentary respite for the job market as the Net Employment Outlook looks up incrementally (+2 points) following the previous HY's downtrend.

• The minor recovery is thanks to the hiring sentiment for Senior roles (+4), Blue Collar (+4) and Engineering profiles (+3), and large businesses (+2) looking to hire in Metro and Tier-1 cities (+2). The gains are mostly incremental and, while the overall sentiment is positive, the outlook remains subdued across most of the sectors and geographies.

• Likewise, Mumbai and Hyderabad's 3 point lead is significantly diminished by Pune (-4), Chennai (-4), Bangalore (-2) and Kolkata (-1).

• Hiring sentiment continues to be positive among large businesses (+2), while small businesses remain pessimistic (-5). The medium sized are slowly getting back on their feet (-2).

• The silver lining is a clutch of clusters that show promise for the HY• KPO hiring in Bangalore (+5), Mumbai (+4) and Hyderabad (+4)• Ecommerce/Tech Startups hiring in Hyderabad (+6), Chennai (+5), Bangalore (+4), Delhi (+4) and Ahmedabad (+4)• Financial Services in Mumbai and Ahmedabad (+4 each)• Power & Energy in Ahmedabad (+5) and Mumbai (+4) and • Healthcare & Pharmaceuticals in Pune (+4)

Page 5: employment outlook report-hy2-2017-18...• Likewise, Mumbai and Hyderabad's 3 point lead is significantly diminished by Pune (-4), Chennai (-4), Bangalore (-2) and Kolkata (-1). •

EMPLOYMENTOUTLOOK HY-1, 2017-18

Apr '15 - Sep '15

Oct '15 - Mar '16

Apr '16 - Sep '16

Oct '16 - Mar '17

Apr '17 - Sep '17

Oct '17 - Mar '18

Increase

919394969392

Decrease

050401010401

No Change

040305030307

Net Employment Outlook

868993958991

• An incremental improvement of 2 percentage points in Net Employment Outlook signals overall positivity.

• Although job growth rates are more or less flat, the markets have held up after demonetization and the ushering in of GST.

• The buoyant mood in the KPO and Ecommerce & Tech Startups space compensates for the gloom in Construction & Real Estate and Manufacturing, Engineering & Infrastructure.

• Sectors that lead the positive sentiment do so with less than significant growth, while the dip is significant among the rest.

• Respondents believe that Government spending will shore up the economy and, thus, indicate that the hiring sentiment will revive substantially over the medium term.

EMPLOYMENT OUTLOOK - OVER THE YEARS

0 10 20 30 40 50 60 70 80 90 100

HY - 22017 - 2018 HY - 1

91

89

HY - 22016 - 2017 HY - 1

95

93

HY - 22015 - 2016 HY - 1

89

86

HY - 22014 - 2015

88

Page 6: employment outlook report-hy2-2017-18...• Likewise, Mumbai and Hyderabad's 3 point lead is significantly diminished by Pune (-4), Chennai (-4), Bangalore (-2) and Kolkata (-1). •

EMPLOYMENTOUTLOOK TRENDSGEOGRAPHY

The sliver of positivity seems to be concentrated in the Metro and Tier-1 cities, while tier-2 and tier-3 geographies exhibit a significant drop in sentiment.

RURAL

Apr '17 - Sep '17

Oct '17 - Mar '18

Increase

0302

Decrease

0202

No Change

9596

Net Employment Outlook

0100

TIER-3

Apr '17 - Sep '17

Oct '17 - Mar '18

Increase

1109

Decrease

0405

No Change

8586

Net Employment Outlook

0704

TIER-2

Apr '17 - Sep '17

Oct '17 - Mar '18

Increase

2524

Decrease

0405

No Change

7171

Net Employment Outlook

2119

METRO & TIER-1

Apr '17 - Sep '17

Oct '17 - Mar '18

Increase

9697

Decrease

0201

No Change

0202

Net Employment Outlook

9496

Page 7: employment outlook report-hy2-2017-18...• Likewise, Mumbai and Hyderabad's 3 point lead is significantly diminished by Pune (-4), Chennai (-4), Bangalore (-2) and Kolkata (-1). •

Employment Outlook Trends

Large businesses continue to lead hiring sentiment, although marginally. The rate at which sentiment continues to decline among small businesses is concerning.

LARGE

Apr '17 - Sep '17

Oct '17 - Mar '18

Increase

9192

Decrease

0403

No Change

0505

Net Employment Outlook

8789

MEDIUM

Apr '17 - Sep '17

Oct '17 - Mar '18

Increase

8584

Decrease

0910

No Change

0606

Net Employment Outlook

7674

SMALL

Apr '17 - Sep '17

Oct '17 - Mar '18

Increase

6967

Decrease

0710

No Change

2423

Net Employment Outlook

6257

BUSINESS SIZE

Page 8: employment outlook report-hy2-2017-18...• Likewise, Mumbai and Hyderabad's 3 point lead is significantly diminished by Pune (-4), Chennai (-4), Bangalore (-2) and Kolkata (-1). •

Employment Outlook Trends

Senior management level hiring sentiment has risen significantly, while Entry and Junior level hiring sentiment is hit.

SENIOR LEVEL

Apr '17 - Sep '17

Oct '17 - Mar '18

Increase

4246

Decrease

0101

No Change

5753

Net Employment Outlook

4145

MID-LEVEL

Apr '17 - Sep '17

Oct '17 - Mar '18

Increase

4244

Decrease

0910

No Change

4946

Net Employment Outlook

3334

JUNIOR LEVEL

Apr '17 - Sep '17

Oct '17 - Mar '18

Increase

8078

Decrease

0808

No Change

1214

Net Employment Outlook

7270

ENTRY LEVEL

Apr '17 - Sep '17

Oct '17 - Mar '18

Increase

6563

Decrease

0809

No Change

2728

Net Employment Outlook

5754

HIERARCHY

Page 9: employment outlook report-hy2-2017-18...• Likewise, Mumbai and Hyderabad's 3 point lead is significantly diminished by Pune (-4), Chennai (-4), Bangalore (-2) and Kolkata (-1). •

Employment Outlook Trends

ENGINEERING

Apr '17 - Sep '17

Oct '17 - Mar '18

Increase

9093

Decrease

0202

No Change

0805

Net Employment Outlook

8891

INFORMATION TECHNOLOGY

Apr '17 - Sep '17

Oct '17 - Mar '18

Increase

9394

Decrease

0204

No Change

0502

Net Employment Outlook

9190

MARKETING

Apr '17 - Sep '17

Oct '17 - Mar '18

Increase

8280

Decrease

0810

No Change

1010

Net Employment Outlook

7470

SALES

Apr '17 - Sep '17

Oct '17 - Mar '18

Increase

9392

Decrease

0202

No Change

0506

Net Employment Outlook

9190

FUNCTIONAL AREA

Page 10: employment outlook report-hy2-2017-18...• Likewise, Mumbai and Hyderabad's 3 point lead is significantly diminished by Pune (-4), Chennai (-4), Bangalore (-2) and Kolkata (-1). •

Employment Outlook Trends • Functional Area

Engineering and Blue Collar roles attract positive hiring sentiment while sentiments for Marketing and Human Resources dip significantly.

BLUE COLLAR

Apr '17 - Sep '17

Oct '17 - Mar '18

Increase

8285

Decrease

0101

No Change

1714

Net Employment Outlook

8184

HUMAN RESOURCES

Apr '17 - Sep '17

Oct '17 - Mar '18

Increase

6866

Decrease

1718

No Change

1516

Net Employment Outlook

5148

OFFICE SERVICES

Apr '17 - Sep '17

Oct '17 - Mar '18

Increase

2222

Decrease

1109

No Change

6769

Net Employment Outlook

1113

Page 11: employment outlook report-hy2-2017-18...• Likewise, Mumbai and Hyderabad's 3 point lead is significantly diminished by Pune (-4), Chennai (-4), Bangalore (-2) and Kolkata (-1). •

BY SECTORS

EMPLOYMENT OUTLOOK BY SECTOR

LEADERS

LAGGARDS

Financial Services

Knowledge Process Outsourcing

Health & Pharmaceuticals

Ecommerce & Technology Startups

Power & Energy

Media & Entertainment

Telecommunications

Retail

H2, 2017-18

8495989083817492

H1, 2017-18

8193978982807492

% change

0302010101010000

Information Technology

Educational Services

Fast Moving Consumer Goods &Durables

Manufacturing, Engineering & Infrastructure

BPO / ITeS

Travel & Hospitality

Agriculture & Agrochemicals

Construction & Real Estate

H2, 2017-18

9982696573667863

H1, 2017-18

9983706776708270

% change

00-1-1-2-3-4-4-7

Page 12: employment outlook report-hy2-2017-18...• Likewise, Mumbai and Hyderabad's 3 point lead is significantly diminished by Pune (-4), Chennai (-4), Bangalore (-2) and Kolkata (-1). •

BY CITY

EMPLOYMENT OUTLOOK BY CITY

LEADERS

LAGGARDS

H2, 2017-18

48976676

H1, 2017-18

49997080

% change

-1-2-4-4

Kolkata

Bangalore

Chennai

Pune

H2, 2017-18

86717170

H1, 2017-18

83687070

% change

03030100

Mumbai

Hyderabad

Delhi

Ahmedabad

Page 13: employment outlook report-hy2-2017-18...• Likewise, Mumbai and Hyderabad's 3 point lead is significantly diminished by Pune (-4), Chennai (-4), Bangalore (-2) and Kolkata (-1). •

CITYSECTOR SWEET SPOTS

Cities

TEL

IT

FS

RET

EC&TS

M&E

C&RE

T&H

ES

BPO

KPO

Mumbai27271516221824211615191810181216222113173026

Delhi16181214191723231814191916221720212311123027

Bangalore25242427211929302622211912181718272814174035

Kolkata9

1086

108

111274

13157

111011182055

1414

Chennai15181617201718171611191713178

1222228

121919

Pune1819212014112523151221191922131618209

112724

Hyderabad1816151719162421171125261920152025229

112925

Ahmedabad18181215161221208 4

19186

11 141821179 6

2019

Oct '17 - Mar '18

Apr '17 - Sep '17

Oct '17 - Mar '18

Apr '17 - Sep '17

Oct '17 - Mar '18

Apr '17 - Sep '17

Oct '17 - Mar '18

Apr '17 - Sep '17

Oct '17 - Mar '18

Apr '17 - Sep '17

Oct '17 - Mar '18

Apr '17 - Sep '17

Oct '17 - Mar '18

Apr '17 - Sep '17

Oct '17 - Mar '18

Apr '17 - Sep '17

Oct '17 - Mar '18

Apr '17 - Sep '17

Oct '17 - Mar '18

Apr '17 - Sep '17

Oct '17 - Mar '18

Apr '17 - Sep '17

Cities

FMCG&D

H&P

MEI

AGCH

P&E

Mumbai22222826111321212420

Delhi13142423131510111512

Bangalore161835338

1114161715

Kolkata69

1011429896

Chennai1111242357

12111714

Pune14152420131612142118

Hyderabad1715252667

20221616

Ahmedabad1312202268

24252520

Oct '17 - Mar '18

Apr '17 - Sep '17

Oct '17 - Mar '18

Apr '17 - Sep '17

Oct '17 - Mar '18

Apr '17 - Sep '17

Oct '17 - Mar '18

Apr '17 - Sep '17

Oct '17 - Mar '18

Apr '17 - Sep '17

Empl

oym

ent O

utlo

ok R

epor

t

01

MANUFACTURING SECTORS

SERVICE SECTORS

Page 14: employment outlook report-hy2-2017-18...• Likewise, Mumbai and Hyderabad's 3 point lead is significantly diminished by Pune (-4), Chennai (-4), Bangalore (-2) and Kolkata (-1). •

FUNCTIONAL AREASECTOR SWEET SPOTS

Functional Area

TEL

IT

FS

RET

EC&TS

M&E

C&RE

T&H

ES

BPO

KPO

SALES2428171725203435323014168

122123313021244035

MKG21261013141727313533897

111820192117203028

IT24222426221824264034161716181516151519213733

ENGG25213027181328242825141222202321131223202622

OFF SVC88

1215111388

111310129

1113149

119

101615

HR12141214111214177

109

1166

1011151815182223

BC21192019343238354840232030282830282628302519

Oct '17 - Mar '18

Apr '17 - Sep '17

Oct '17 - Mar '18

Apr '17 - Sep '17

Oct '17 - Mar '18

Apr '17 - Sep '17

Oct '17 - Mar '18

Apr '17 - Sep '17

Oct '17 - Mar '18

Apr '17 - Sep '17

Oct '17 - Mar '18

Apr '17 - Sep '17

Oct '17 - Mar '18

Apr '17 - Sep '17

Oct '17 - Mar '18

Apr '17 - Sep '17

Oct '17 - Mar '18

Apr '17 - Sep '17

Oct '17 - Mar '18

Apr '17 - Sep '17

Oct '17 - Mar '18

Apr '17 - Sep '17

Functional Area

FMCG&D

H&P

MEI

AGCH

P&E

SALES27253230131522232218

MKG1417202357

13111011

IT23252827182017182320

ENGG24212925232422223127

OFF SVC87

16157978

1516

HR111420237

108

101112

BC33303937232022222825

Oct '17 - Mar '18

Apr '17 - Sep '17

Oct '17 - Mar '18

Apr '17 - Sep '17

Oct '17 - Mar '18

Apr '17 - Sep '17

Oct '17 - Mar '18

Apr '17 - Sep '17

Oct '17 - Mar '18

Apr '17 - Sep '17

Empl

oym

ent O

utlo

ok R

epor

t

01

MANUFACTURING SECTORS

SERVICE SECTORS

Page 15: employment outlook report-hy2-2017-18...• Likewise, Mumbai and Hyderabad's 3 point lead is significantly diminished by Pune (-4), Chennai (-4), Bangalore (-2) and Kolkata (-1). •

ANNEXURE-1 Sectorwise Analysis

Citywise Stats

Page 16: employment outlook report-hy2-2017-18...• Likewise, Mumbai and Hyderabad's 3 point lead is significantly diminished by Pune (-4), Chennai (-4), Bangalore (-2) and Kolkata (-1). •

Annexure-1

SECTORWISE ANALYSISTOP 8 SECTORS

HEALTH & PHARMACEUTICALS

Apr '17 - Sep '17

Oct '17 - Mar '18

Job Growth: 12.33%

• Established players such as Apollo are mulling large scale hiring of the order of 20% - 30% increase in workforce.

• New specialized roles, such as a variety of Pharmacist profiles (Hospice, Community, Academic, Ambulatory Care, etc) are fueling job creation and growth.

Increase

9899

Decrease

0101

No Change

0100

Net Employment Outlook

9798

KNOWLEDGE PROCESS OUTSOURCING

Apr '17 - Sep '17

Oct '17 - Mar '18

Job Growth: 14.16%

• The new wave of Artificial Intelligence based analytics solutions is creating significant demand for AI programmers.

• A slew of analytics training companies are closing the demand-supply gap and readying more analytics professionals than ever.

Increase

9595

Decrease

0200

No Change

0305

Net Employment Outlook

9395

FINANCIAL SERVICES

Apr '17 - Sep '17

Oct '17 - Mar '18

Job Growth: 11.03%

• RBI’s decision to give more licenses to private sector players to increase banking penetration is set to further boost the sector.

• GST is expected to improve state finances by the Reserve Bank of India and, thereby, bolster bank finances

Increase

8990

Decrease

0806

No Change

0304

Net Employment Outlook

8184

Page 17: employment outlook report-hy2-2017-18...• Likewise, Mumbai and Hyderabad's 3 point lead is significantly diminished by Pune (-4), Chennai (-4), Bangalore (-2) and Kolkata (-1). •

Annexure-1 • Sector-wise analysis • TOP 8 sectors

MEDIA & ENTERTAINMENT

Apr '17 - Sep '17

Oct '17 - Mar '18

Job Growth: 11.78%

• The Indian Media & Entertainment (M&E) industry is entering a strong growth phase, backed by rising consumer payments and advertising revenues across all sectors.

• The revenue from advertising alone is expected to grow at a CAGR of 13.9% and will exceed INR 600 billion by 2018.

Increase

8583

Decrease

0502

No Change

1015

Net Employment Outlook

8081

POWER & ENERGY

Apr '17 - Sep '17

Oct '17 - Mar '18

Job Growth: 10.41%

• Government funding – in spite of the looming deficit – is expected to provide a much needed fillip to hiring in the sector.

• In 2016-17, India’s renewable energy sector added 21,000 jobs and an additional 25,000 people are likely to be employed in the coming year 2017-18.

Increase

8586

Decrease

0303

No Change

1211

Net Employment Outlook

8283

ECOMMERCE & TECHNOLOGY STARTUPS

Apr '17 - Sep '17

Oct '17 - Mar '18

Job Growth: 13.72%

• Having weathered demonetization, and tackling enormous changes wrought by GST, the sector is managing to generate more consumer demand.

• The demand for data analysts, machine learning/artificial intelligence experts, UX/UI designers and similar niche profiles is propelling job creation.

Increase

9394

Decrease

0404

No Change

0302

Net Employment Outlook

8990

Page 18: employment outlook report-hy2-2017-18...• Likewise, Mumbai and Hyderabad's 3 point lead is significantly diminished by Pune (-4), Chennai (-4), Bangalore (-2) and Kolkata (-1). •

Annexure-1 • Sector-wise analysis • TOP 8 sectors

RETAIL

Apr '17 - Sep '17

Oct '17 - Mar '18

Job Growth: 12.11%

• A host of global majors – GAP, Adidas, H&M and such like – have announced expansion plans that would add more retail jobs.

• Walmart plans to open 50 cash-and-carry stores, half of which are slated to be in Uttar Pradesh and Uttarakhand and create over 40,000 jobs in just the two states.

Increase

9395

Decrease

0103

No Change

0602

Net Employment Outlook

9292

TELECOMMUNICATIONS

Apr '17 - Sep '17

Oct '17 - Mar '18

Job Growth: 10.74%

• Emerging technologies such as 5G, M2M and innovative IoT technologies are fueling demand for niche technology talent in the sector.

• The deregulation of FDI norms has enormously helped job creation and growth in the sector.

Increase

7574

Decrease

0100

No Change

2426

Net Employment Outlook

7474

Page 19: employment outlook report-hy2-2017-18...• Likewise, Mumbai and Hyderabad's 3 point lead is significantly diminished by Pune (-4), Chennai (-4), Bangalore (-2) and Kolkata (-1). •

Annexure-1 • Sector-wise analysis

BOTTOM 8 SECTORS

FAST MOVING CONSUMER GOODS & DURABLES

Apr '17 - Sep '17

Oct '17 - Mar '18

Job Growth: 8.48%

• Having experienced relentless growth, even during recessionary times, the sector seems to be consolidating and to have put much hiring activity on hold.

• Domestic majors including Patanjali and Wipro are planning significant investments – a billion US dollars just between the two – which would begin bearing fruit over the long term.

Increase

8378

Decrease

1309

No Change

0413

Net Employment Outlook

7069

EDUCATIONAL SERVICES

Apr '17 - Sep '17

Oct '17 - Mar '18

Job Growth: 10.86%

• The sector seems to be banking disproportionately on government initiatives by the National Skill Development Mission for job creation.

• However, the sector continues to focus on hiring niche skills such as Mobile and Game-based learning, AI and Machine-learning and Byte-sized learning.

Increase

8785

Decrease

0403

No Change

0912

Net Employment Outlook

8382

INFORMATION TECHNOLOGY

Apr '17 - Sep '17

Oct '17 - Mar '18

Job Growth: 9.18%

• Paradigm shifts in business models of IT Services businesses is upending talent acquisition and firms are hiring strictly on a need-basis.

• While Infosys – as an exception – is slated to hire 20,000 this fiscal, NASSCOM claims the industry would create 20-38% fewer jobs.

Increase

9999

Decrease

0001

No Change

0100

Net Employment Outlook

9998

Page 20: employment outlook report-hy2-2017-18...• Likewise, Mumbai and Hyderabad's 3 point lead is significantly diminished by Pune (-4), Chennai (-4), Bangalore (-2) and Kolkata (-1). •

Annexure-1 • Sector-wise analysis • Bottom 8 sectors

AGROCHEMICALS

Apr '17 - Sep '17

Oct '17 - Mar '18

Job Growth: 7.83%

• A depressed agricultural sector has meant bleak hiring outlook for the Agrochemicals sector.

• However, the GST regime – and the ensuing warehouse consolidation – would bring much needed cheer to the sector.

Increase

8786

Decrease

0508

No Change

0806

Net Employment Outlook

8278

TRAVEL & HOSPITALITY

Apr '17 - Sep '17

Oct '17 - Mar '18

Job Growth: 8.13%

• Following healthy job growth during consecutive HY terms the sector is experience a momentary slowdown and is looking to hire significantly lower numbers this time round.

• There is a glimmer of hope for the long term though – major hotel chains like Mariott, Carlson Rezidor and ITC are planning to set up upscale, budget hotels in state capitals and tier-II cities.

Increase

7573

Decrease

0507

No Change

2020

Net Employment Outlook

7066

BPO / ITES

Apr '17 - Sep '17

Oct '17 - Mar '18

Job Growth: 7.83%

• The sector continues to stay conservative and has scaled back further on hiring, while not reducing hiring activity significantly.

• FreshDesk, Ornage Business Services, PurpleTalk and Intel Corp are investing or have planned investing substantially and these are expected to drive job growth over the longer term.

Increase

8179

Decrease

0506

No Change

1415

Net Employment Outlook

7673

Page 21: employment outlook report-hy2-2017-18...• Likewise, Mumbai and Hyderabad's 3 point lead is significantly diminished by Pune (-4), Chennai (-4), Bangalore (-2) and Kolkata (-1). •

Annexure-1 • Sector-wise analysis • Bottom 8 sectors

CONSTRUCTION & REAL ESTATE

Apr '17 - Sep '17

Oct '17 - Mar '18

Job Growth: 4.36%

• The sector is gradually recovering from the impact of demonetization and the introduction of GST. However, this recovery is yet to translate into job growth.

• The Smart City project, along with a spate of investments planned by Motilal Oswal Real Estate, Macquarie Infrastructure and Real Assets, Tata Housing Development and Piramal Realty, is set to revive the sector over the medium term.

MANUFACTURING, ENGINEERING & INFRASTRUCTURE

Apr '17 - Sep '17

Oct '17 - Mar '18

Job Growth: 6.07%

• The sector has recovered remarkably after the demonetization exercise and has begun adding jobs, albeit at a slower pace than usual.

• With Mining, Electricity and Infrastructure / Construction Goods posting healthy growth in their IIP statistics the depression in the sector has bottomed out..

Increase

7877

Decrease

1112

No Change

1111

Net Employment Outlook

6765

Increase

7674

Decrease

0611

No Change

1815

Net Employment Outlook

7063

Page 22: employment outlook report-hy2-2017-18...• Likewise, Mumbai and Hyderabad's 3 point lead is significantly diminished by Pune (-4), Chennai (-4), Bangalore (-2) and Kolkata (-1). •

Annexure-1

CITYWISE OUTLOOK STATISTICS

Increase Decrease No Change Net Employment Outlook

MUMBAIJob Growth: 16.82%

Apr '17 - Sep '17

Oct '17 - Mar '18

8789

0403

0908

8386

HYDERABADJob Growth: 12.17%

Apr '17 - Sep '17

Oct '17 - Mar '18

7577

0706

1817

6871

DELHIJob Growth: 13.66%

Apr '17 - Sep '17

Oct '17 - Mar '18

8180

1109

0811

7071

AHMEDABADJob Growth: 11.71%

Apr '17 - Sep '17

Oct '17 - Mar '18

7876

0806

1418

7070

KOLKATAJob Growth: 7.03%

Apr '17 - Sep '17

Oct '17 - Mar '18

5655

0707

3738

4948

BANGALOREJob Growth: 14.36%

Apr '17 - Sep '17

Oct '17 - Mar '18

9998

-01

0101

9997

CHENNAIJob Growth: 9.43%

Apr '17 - Sep '17

Oct '17 - Mar '18

7970

0904

1226

7066

PUNEJob Growth: 7.05%

Apr '17 - Sep '17

Oct '17 - Mar '18

8281

0205

1614

8076

Page 23: employment outlook report-hy2-2017-18...• Likewise, Mumbai and Hyderabad's 3 point lead is significantly diminished by Pune (-4), Chennai (-4), Bangalore (-2) and Kolkata (-1). •

ANNEXURE-2 The Salary SceneSample Design

Page 24: employment outlook report-hy2-2017-18...• Likewise, Mumbai and Hyderabad's 3 point lead is significantly diminished by Pune (-4), Chennai (-4), Bangalore (-2) and Kolkata (-1). •

THE SALARY SCENE WHAT EMPLOYERS PAY

NEW DELHI

AGRIRetail St Asst. Rs. 16,000

AUTOCRM Execu Rs. 29,000

BFSINRI Reln. Mgr Rs, 60,000

AHMEDABAD

BPO/ITESPantry Staff Rs. 8,000

C&REInsulatorRs. 13,000

FMCDHardware EnggRs. 25,000

MUMBAI

FMCGResearch ExecRs. 19,000

H&PLine ChemistRs. 26,000

HOSPChauffeurRs. 27,000

PUNE

IM&AProduction EngineerRs. 30,000

IT&KSSalesforce Developer Rs. 45, 000

M&EVideo Editor-FocusRs. 38,000

KOLKATA

AGRITerritory Sales InchargeRs. 29,000

AUTORecruiterRs. 25,000

TELEOperations CoordinatorRs. 18,000

HYDERABAD

IT&KSSAMI DeveloperRs. 58,000

M&EProjectionistRs. 19,000

P&ETele ResearchRs. 16,000

BANGALORE

TELECertified Ethical HackerRs. 48,000

EC&TSResearch EngineerRs. 42,000

IT&KSDigital CartographerRs. 55,000

CHENNAI

M&ECable OperatorRs. 16,000

IT&KSProduct DevelopersRs. 50,000

FMCDRetail ExecutiveRs. 17,000

Annexure-2

Page 25: employment outlook report-hy2-2017-18...• Likewise, Mumbai and Hyderabad's 3 point lead is significantly diminished by Pune (-4), Chennai (-4), Bangalore (-2) and Kolkata (-1). •

SAMPLEDESIGN

Annexure-2

CitiesMEI

AGCHP&E

ITEC&TS

FMCG&DFS

RETM&E

C&RET&H

ESBPOKPOTEL

H&PTotal

Mumbai6557667687878 767

106

Delhi5567755756756656

93

Bangalore5458767676768767

102

Kolkata4454544564655535

74

Chennai6446767667546566

91

Pune55565555 65665655

85

Hyderabad5466545766656565

87

Ahmedabad4664454545655554

77

Total40374248464144474846514349464245

715

BusinessSize

Small[Up to 249

employees]

Medium[250 – 999employees]

Large[1,000 +

employees]

Total

Mumbai

26

51

21

98

Delhi

21

48

15

84

Bangalore

28

55

21

104

Kolkata

20

49

10

79

Chennai

24

50

18

92

Pune

21

46

12

79

Hyderabad

25

50

16

91

Ahmedabad

22

48

18

88

Total

187

397

131

715

CandidatesTotal

Mumbai19

Delhi20

Bangalore23

Kolkata14

Chennai21

Pune18

Hyderabad20

Ahmedabad19

Total154