Employment Outlook Report

2017

TEAMLEASE EMPLOYMENT OUTLOOK REPORT - APRIL 2017 TO SEPTEMBER 2017

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

The report aims to
•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.

Employment Outlook dips sharply, by 6 percentage points, for the forthcoming half year, April – September, 2017. Sectors are equally split between positive and negative hiring sentiment as they gradually recover from the after-effects of demonetization
•Sentiment is negative across geographies, but tier-2 cities more so (6 points down) than the rest. Employers are scaling down Entry (8 points down) and Mid level (5 points down) hiring quite drastically, and Senior level hiring is up significantly (5 points up).
•Large businesses are the least affected and are set to hire more during the coming half year (sentiment up 3 points), while the sentiment for small businesses is substantially down (10 points). Medium sized businesses plan to hire less as well (sentiment down 3points).
•IT, Engineering and Blue Collar roles gain prominence as sentiment for these improve by 4, 2 and 2 points respectively. Lesser Sales and Marketing jobs would be created over the next six months as employer sentiment is significantly down (7 and 5 points respectively).
•The Financial Services sector makes the most of the cashless environment with a 5 point increase in hiring sentiment. Healthcare & Pharma and Knowledge Process Outsourcing improve further (3points each) on their consistent track record. Construction & Real Estate and Manufacturing, Engineering and Infrastructure are the worst affected (8 and 5 points down, respectively).

The top three sectors (by city) in terms of employment outlook growth are -
•Mumbai: : Financial Services (5%) | Telecommunication (3%) | Healthcare & Pharma (2%)
•Delhi: Financial Services | Ecommerce & internet startups | KPO (4% each)
•Bangalore: KPO (4%) | Ecommerce & internet startups (3%) | Financial Services (3%)
•Kolkata: Financial Services (3%) | Media & Entertainment (3%) | Educational Services (2%)
•Chennai: Financial Services (3%) | Telecommunication (3%) |Retail (2%)
•Pune: Telecommunication (4%) | Ecommerce & internet startups (4%) | KPO (3%)
•Hyderabad: Media & Entertainment (5%) | Financial Services (4%) |Ecommerce & internet startups (3%)
•Ahmedabad: Agrochemicals | Retail | Travel & Hospitality (2% each)

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TEAMLEASE EMPLOYMENT OUTLOOK REPORT - OCTOBER 2016 TO MARCH 2017

Employment outlook in India has hit a three-and-a-half-year high, driven by positive economic sentiment owing to a combination of factors including substantial private and foreign investment, rapid growth of knowledge services and the government’s continued focus on Make in India and Startup India programmes.

Summary of the Report:

  • Employment and Business Outlook increase incrementally from an already heady positive sentiment of the previous half year, and with sectors balancing it out in the midst of significant investment and deal flow activity. Employment Outlook increments by 2 percentage points to 95 and Business Outlook increments by the same margin to 97.
  • As many sectors are optimistic about hiring as those that are not. The half year forecast is an exception in that Healthcare and Pharmaceuticals (4 points up to 94) and Telecommunication (4 points up to 87), two old war horses, trump new age sectors IT and Ecommerce and Internet Startups (up 1 point each to 99 and 87 resp). It is to be noted that job growths are on a down trend for many sectors – and this counterbalances the Outlook statistics for each sector.
  • Sentiment is up, yet again, for Small businesses by a significant measure of 3 points (up to 72) compared to the previous half year. That none of the businesses surveyed in the Metros is planning to scale down on hiring is a bright spot on the 6-month horizon. Businesses are rather bullish on hiring in the Tier-2 and Tier-3 towns (2 points up each, to 27 and 11, respectively).
  • In direct contradiction to the previous half year, businesses are looking to scale down Entry Level hiring by the same significant measure they increased it by. This head of hiring is therefore down 5 points to 65. A significant increase in Senior Level hiring sentiment (up 4 points to 36) is a highlight for this half year.
  • Our study assesses eight new sectors in this edition of the report – BPO, KPO, Educational Services, Media and Entertainment, Travel and Hospitality, Agrochemicals, Construction and Real Estate and Power and Energy. The Net Employment and Business Outlook measures do not take these sectors into account this time.
  • The top three sectors (by city) in terms of employment outlook growth are -
    • Mumbai: Healthcare & Pharma (4%) / Ecommerce & internet startups (3%) / Telecommunication (2%)
    • Delhi: Financial Services (2%) / Retail (2%) / Ecommerce & internet startups (1%)
    • Bangalore: Ecommerce & internet startups (4%) / Healthcare & Pharma (3%) / IT (3%)
    • Kolkata: None
    • Chennai: Healthcare & Pharma (1%) / IT (1%)
    • Pune: IT (2%) / Retail (2%) / Ecommerce & internet startups (2%)
    • Hyderabad: IT (4%) / Ecommerce & internet startups (3%) / Retail, Telecommunication, Healthcare & Pharma (2%)
    • Ahmedabad: Telecommunication (4%) / IT (4%) / Ecommerce & internet startups (2%)
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2016

TEAMLEASE EMPLOYMENT OUTLOOK REPORT - APRIL 2016 TO SEPTEMBER 2016

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

Summary of the report

  • Consumer sentiment and spend powers hiring sentiment, notwithstanding a tinge of negative sentiment with the Make in India initiative in the Manufacturing and Engineering and the Infrastructure sector. The Net Employment Outlook improves by 4 percentage points to 93 and the Net Business Outlook goes up to 95, three percentage points more than the previous half year.
  • Small businesses (69, up 5 points) in cities – Metros and Tier-1 (97, up 4 points) – drive Employment Outlook and this is likely to up Entry level hiring significantly (70, 5 points up). Blue Collar (74, 9points up), IT (85, 6 points up), Sales (94, 4points up) and Marketing (78, 3 points up) jobs are likely on offer.
  • A majority of sectors and cities improve on their previous half year’s outlook, although each of them modestly (either 3 or 2 percentage points up). Telecommunications, FMCG, Pune and Chennai improve their employment Outlook by 3 points each. Financial Services (5 points down) and Kolkata (6 points down) are the prominent losers. Infrastructure and Manufacturing and Engineering lose marginally.
  • Ecommerce and Tech Start-ups (2 points up, 23.6% job growth), FMCG (3 points up, 11.4% job growth) and Telecommunications (3 points up, 10.13% job growth) grow marginally in a routine show by sectors. Healthcare and Pharmaceuticals (2 points up, 14% job growth), Retail (2 points up, 14.4% job growth) and Information technology (2 points up, 14.2% job growth) follow a couple of rungs down.
  • The top three sectors (by city) in terms of employment outlook growth are -
    • Mumbai: Healthcare &Pharma (4%) / Telecom (3%) / Information Technology (3%)
    • Delhi: Healthcare &Pharma (8%) / Retail (4%) / Infrastructure (4%)
    • Bangalore: Retail (6%) / Financial Services (5%) / Healthcare &Pharma (3%)
    • Kolkata: Financial Services (4%) / Healthcare &Pharma (4%) / Infrastructure (3%)
    • Chennai: Manufacturing & Engineering (6%) / Telecom (3%) / Retail (3%)
    • Pune: Financial Services (6%) / Healthcare &Pharma (5%) / Manufacturing & Engineering (4%)
    • Hyderabad: Infrastructure (3%) / Telecom (4%)
    • Ahmedabad: Infrastructure (6%) / Telecom (4%) / Retail (3%)
  • Businesses drive employment sentiment, relatively more than government initiatives, for this forthcoming half year. The Make in India initiative has been a critical driver of employment sentiment over the past couple of half years. This time round, however, there is a tinge of downward sentiment associated with the initiative, due to the negative job growth in 8 key sectors of the economy. This has had a small negative impact on hiring sentiment in the Manufacturing and Engineering and the Infrastructure sectors.
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TEAMLEASE EMPLOYMENT OUTLOOK REPORT - OCTOBER 2015 TO MARCH 2016

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.

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2015

TEAMLEASE EMPLOYMENT OUTLOOK REPORT - OCTOBER 2014 TO MARCH 2015

This edition of the TeamLease Employment Outlook Surveys are designed to deliver a deep and wide, analytical, insight about business and employment sentiment trends across sectors and cities in India.

The surveys are structured broadly to capture the factors that influence sentiment, job growth, employer needs and candidate aspirations, skill and salary trends and state them at an overall and at city- and sector-levels.

Project Objectives:

  1. Map Employment and Business Outlook, Job Growth and related trends across the country, cities and sectors.
  2. Identify and profile the factors that influence sentiment and job growth.
  3. Explore skills employers need, candidate aspirations and map salary trends across cities and sectors.
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TEAMLEASE EMPLOYMENT OUTLOOK REPORT - APRIL 2015 TO SEPTEMBER 2015

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.

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2014

TEAMLEASE EMPLOYMENT OUTLOOK REPORT - APRIL TO SEPTEMBER 2014

The Apr’14–Sep’14 HY sees a sentiment boost with upbeat organizations expecting business (outlook sentiment grew 4%) and employment (outlook sentiment grew 5%) to grow at a brisk pace. Reason for this optimistic outlook includes the results of the impending elections and fresh sector specific policies a new regime is expected to usher in.

Top gaining cities in employment outlook trends include Mumbai (up 4%), Bangalore (5%) and Ahmedabad (4%) while Delhi (4%) is projected to have an upswing in its business outlook trend. Losers include Kolkata and Chennai (both down 1% on employment outlook), Hyderabad (down 2% on employment outlook) and Pune/Chennai (down 2% on Business Outlook).

Healthcare & Pharmaceuticals (up 5% and 4% on Employment and Business Outlook, respectively) and Financial Services (up 4% and 5%) lead growth across both the trends. Infrastructure would witness a significant rise (4%) in its business outlook. ITeS stands to lose quite significantly (4%) on business outlook.

Hiring across entry and junior levels of hierarchy is going to pick up (moderately: 2% and 3% respectively). A lot of the functional areas report growth in their respective intent; with hot favourites being Sales/Marketing/Customer Service (up 5%) and Engineering (up 4%). Across most geographic levels, the growth in hiring intent is incremental.

Top three sectors (by city) in terms of employment outlook growth are -

Mumbai: Telecom (3%) / Healthcare &Pharma (2%) / Financial Services, IT (1% each)

Delhi: Infrastructure,Manufacturing & Engineering,Healthcare &Pharma (2% each)

Bangalore: IT (3%) / Financial Services, Infrastructure, Healthcare &Pharma, Telecom (2% each)

Chennai: IT, Retail & FMCG, Manufacturing & Engineering (2% each)

Kolkata: Manufacturing & Engineering (2%) / Retail & FMCG, IT (1% each)

Pune : Infrastructure (2%) / Healthcare &Pharma, Financial Services(1% each)

Hyderabad: ITeS, Retail & FMCG, Healthcare &Pharma(1% each)

Ahmedabad: IT (3%) / Retail & FMCG, Infrastructure (2% each)

Depth Surveys point to a few, rather peripheral, reasons for attrition emerging on the mainstream scene. More organizations are opening up to attributing terminated wrong-fit engagements to attrition. On a positive note, business growth – some of which is attributable to an anticipated GDP growth – is expected to significantly drive hiring activity.

Business outlook in the infrastructure sector is projected to increase by a substantial rate in the coming six months. This is in line with our literature research that also points towards a good business growth in this year. It also reveals that hiring is expected to increase during this year.

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TEAMLEASE EMPLOYMENT OUTLOOK REPORT - OCT 2013 TO MARCH 2014

Employment Outlook Survey - This half yearly edition brings you the yet another set of Survey findings:-

Net Employment Outlook reduces by 3 points in the upcoming half year (Oct-Mar 2014). Despite this bearish outlook, the recent fiscal policy revisions by the central government along with the upcoming 2014 elections have contributed towards the steadfast business sentiment and the Net Business Outlook sees a boost of 3 points in the forthcoming half year.

Infrastructure (+8 points), Retail (+6 points) and Healthcare/Pharma (+4 points) drive the business outlook this coming half-year. However, Manufacturing/Engineering has pressed the panic button with a substantial drop of 4 and 5 points in the Employment and Business sentiments. Meanwhile, IT suffers as there is a 6 point significant dip in the Employment Outlook and a 2 point marginal reduction in the Business Outlook

Sliced by cities, Ahmedabad (+6 and +7 points) and Bangalore (+5 and +4 points) lead a charge of positive growth in both Employment and Business Outlook indices. This degree of optimism amongst corporates is due to dynamic state governments of Gujarat and Karnataka in hyper-drive during the recent elections that took place in mid-2013. Pune loses badly as the Employment and Business sentiments go down by 4 and 5 points respectively. Other laggards include Chennai (3 and 4 point drop) and Kolkata (3 and 2 point drop) in Employment and Business Outlook indices.

The Hiring Intent measures do not vary appreciably by location, but see some pattern variation in terms of hierarchies and functional areas. The coming half year also sees Middle level positions (+4 points), stealing the limelight- a trend witnessed in the previous half year. Engineering (+5 points), continues its dream run and is the top most sought after function in terms of Hiring Intent. Sales/Marketing/Customer Service (+2) and Administration/HR/Office Service (+1) follow suit, however, with an incremental growth. IT witnesses a drop of 3 points and is at the bottom of the list.

Literature review on the IT sector points to a highly optimistic business sentiment as the sector exports are projected to grow at a significant rate during the current fiscal and new technologies such as Social Media, Mobility, Analytics & Cloud Computing acting as drivers of revenue growth. However, with factors such as backlog in the previous fiscal, high bench strength, rising expectation on the quality of talent and automation of jobs, hiring intent is projected to be low. Most importantly, the sector is seeing a major shift as ‘Non-Linear Growth’ models are being increasingly adopted across several organizations.

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2013

TEAM LEASE EMPLOYMENT OUTLOOK REPORT: HALF YEARLY SPECIAL (APR-SEP'13)

Employment Outlook Survey - This half yearly edition brings you the yet another set of Survey findings:-

Net Employment Outlook reduces by 3 points in the upcoming half year (Oct-Mar 2014). Despite this bearish outlook, the recent fiscal policy revisions by the central government along with the upcoming 2014 elections have contributed towards the steadfast business sentiment and the Net Business Outlook sees a boost of 3 points in the forthcoming half year.

Infrastructure (+8 points), Retail (+6 points) and Healthcare/Pharma (+4 points) drive the business outlook this coming half-year. However, Manufacturing/Engineering has pressed the panic button with a substantial drop of 4 and 5 points in the Employment and Business sentiments. Meanwhile, IT suffers as there is a 6 point significant dip in the Employment Outlook and a 2 point marginal reduction in the Business Outlook

Sliced by cities, Ahmedabad (+6 and +7 points) and Bangalore (+5 and +4 points) lead a charge of positive growth in both Employment and Business Outlook indices. This degree of optimism amongst corporates is due to dynamic state governments of Gujarat and Karnataka in hyper-drive during the recent elections that took place in mid-2013. Pune loses badly as the Employment and Business sentiments go down by 4 and 5 points respectively. Other laggards include Chennai (3 and 4 point drop) and Kolkata (3 and 2 point drop) in Employment and Business Outlook indices.

The Hiring Intent measures do not vary appreciably by location, but see some pattern variation in terms of hierarchies and functional areas. The coming half year also sees Middle level positions (+4 points), stealing the limelight- a trend witnessed in the previous half year. Engineering (+5 points), continues its dream run and is the top most sought after function in terms of Hiring Intent. Sales/Marketing/Customer Service (+2) and Administration/HR/Office Service (+1) follow suit, however, with an incremental growth. IT witnesses a drop of 3 points and is at the bottom of the list.

Literature review on the IT sector points to a highly optimistic business sentiment as the sector exports are projected to grow at a significant rate during the current fiscal and new technologies such as Social Media, Mobility, Analytics & Cloud Computing acting as drivers of revenue growth. However, with factors such as backlog in the previous fiscal, high bench strength, rising expectation on the quality of talent and automation of jobs, hiring intent is projected to be low. Most importantly, the sector is seeing a major shift as ‘Non-Linear Growth’ models are being increasingly adopted across several organizations.

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2012

EMPLOYMENT OUTLOOK SURVEY - JULY - SEP 2012

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.

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EMPLOYMENT OUTLOOK SURVEY - APRIL - JUNE 2012

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.

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EMPLOYMENT OUTLOOK SURVEY - JAN- MARCH - 2012

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.

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2010

EMPLOYMENT OUTLOOK SURVEY - JAN-MARCH 2010

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.

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2009

EMPLOYMENT OUTLOOK SURVEY - JUL-SEP 2009

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.

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2008

EMPLOYMENT OUTLOOK SURVEY - JAN-MARCH 2008

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

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