Recruitment As A Career in India
Recruitment As A Career in India
Recruitment As A Career in India
1
Recruitment process Outsourcing
Executive Recruitment Industry
Overview
Definition of Recruitment
Industry Constituents
Industry Size – India / Global
Selection / Staffing / Search
Recruitment Industry–Career choice?
Summary
Executive Recruitment-
Definition
Executive recruitment consulting is a specialized
profession that helps client organizations to identify,
evaluate, and recruit executives at various levels.
Selection 400
Staffing 1400
Search 200
Total 2000
Some Interesting Facts
10
Ask someone with 10-15 years
experience,
if they could have seen the future in
1990,
what industry would the career choice
have been?
A large percentage will say
IT
Is it possible that in 2020,
many people would look back
and say that
in 2006-10, they should have
choosen the
Recruitment Industry as their
career choice ?
Lets compare IT Industry in
1990s with Recruitment Industry
Today
1991–IT Industry ~ 2000 crores
2006 – Recruitment Industry is ~
2000 crores
---------------
2006–IT Industry~125,000 crores
2020–Recruitment Industry ???
Lets compare IT Industry in
1990s with Recruitment Industry
Today
EMPLOYMENT
1991 – IT Industry ~ 25,000 people
2006 – Recruitment Industry ~ 25,000
people +Temp staff~100,000+ assoc.
---------------
2006 – IT Industry ~ 1.3 million people
2020 – Recruitment Industry ???
10 m jobs in 5 years-if labour reforms
Lets compare IT Industry in
1990s with Recruitment Industry
Today
1991 – IT Industry was less than 1%
of the Global IT Industry
2006 – Recruitment Industry is less
than 1% of the Global Recruitment
Industry
So great Growth opportunities
Lets compare IT Industry in
1990s with Recruitment Industry
Today
1991 – Nasscom had 94
members contributing around
65-70% of the software revenue
2006 – ERA has about 120
members contributing around
65-70% of the Recruitment
Industry revenue
Lets compare IT Industry in
1990s with Recruitment Industry
Today
1990s – Most of the top Global
MNCs in IT increased focus on
India operations
2006 – Most of the Global
MNCs in Recruitment – Search /
Staffing have increased focus on
India operations.
Lets compare IT Industry in
1990s with Recruitment Industry
Today
1990-2000 – Nasscom worked with Govt
for suitable changes in policy to enable
growth of IT / ITES industries
2006-2015 – ERA will work with
government for suitable changes in
policy - Labour reforms to enable growth
of recruitment industry - temporary
staffing, employment, etc.
So make the Right Career Choice
Today –
Choose Recruitment Industry
Today,
so you don’t regret in 2020
Ever Thought??
Mushrooming - RPO
Reasons for THE FLAWS/Challenges in
the industry:
1. Mushrooming – i.e. Popping Up of the New Small
Players in the form –
One Man Show Firms
Freelancers
2. Pop In Firms : Pop Out Firms :: 4 : 8
3. Industry not Glorified
Solution/Justification available as against
these Flaws/Challenges –
Darwin’s Theory – survival of the Fittest
Consulting / Corporates
Specialist / Generalist
Sunil Bharti Mittal
If you have/are -
Knowledge
Common Sense in abundance
Perseverance
Organized
Creative
Good Networking skills
Confident
Can u see
your career in the
Recruitment Industry,
when u see the news ?
Only NEWS or Potential Business?
BMW to roll out electric car in 2013
L&T plans JV with Japan's MHI to produce industrial tyres
TVS Motor to spend 1.75 bn rupees in FY 11 on expansion
Haier to start making AC, washing machines in India
Panacea gets Rs 100 mn grant for swine flu vaccine
Piramal to acquire Anesthic Biz of Bharat Swrums
Videocon Launches GSM Mobile Services in Punjab and
Haryana
Nokia Siemens to pump Rs 105 cr. more into Chennai plant
ET CORPORATE DOSSIER Today –
Top Page – Only 2 stories
1. Trends: India Story Part II - The techies
formed the first wave. Now it's the turn of
managers. The whole world is a drop zone
for Indian talent, MNCs discover.
2. Global CEO: The Matchmaker - The big
kahuna (expert) of head hunting, Thomas J
Neff, chairman, Spencer Stuart, tells us how
he lands the big fish.
Opportunities for Recruiters
Today’s Economic Times
Headline: Masthead–“Insurers fail to get a
grip of attrition”
"Microsoft has always been envied - till
Google came along - for its ability to hire the
best brains in the world.."
"US cuts visa fee for non-immigrant visa"
CII study: Biggest challenge for booming
economy "Talent shortage haunts India Inc"
Opportunities for Recruiters
Today’s Economic Times
India, Belgium to sign social security pact -
Indian professionals on contracts upto 5 years
do not need to pay social security. P
Chidambaran, Finance Minister: "It will serve
as a model for similar agreements with other
countries".
"Nearly 30% of all computer science graduates
in the world are passing out of Indian
Universities“
Opportunities for Recruiters
Summary
So make the Right Career Choice
Today –
Choose the Recruitment Industry
Today,
so you don’t regret in 2020