Monday, December 20, 2010

Sapient wants to STEAL

Sapient says there's nothing wrong with poaching in India -  
This is Sapient's new take on recruiting for its division. This is part of their new campaign for recruitment is slated to be released in Gurgaon, Noida and Bangaluru. This ad campaign has been created by their US based creative directors, Allison and Bistrong and Matt Ziselman.

Sapient has 3 divisions in India- SapientNitro, Sapeint Global Markets and Sapient Government Services. They are looking to hire for the first two divisons, and are quite tongue in cheek as far as their mathods to recruit are concerned. Poaching is rampant in most industries, more so in IT, but for the first time probably a company owns up to poaching from competitors and are quite objective about it. "Its not a crime to want something better" says Sapient.

Job creation in Indian cities in 3rd Quarter 2010

According to surveys by some major recruitment agencies here is the tally as far as job creation goes among Indian cities.

New Delhi and the NCR region is the largest job market right now, and created more than 1,13,000 jobs this year. The Common Wealth Games are seen as the biggest reason for this spurt in jobs. Ma Foi says that from October to December 2010 more than 44000 jobs have been created.

Mumbai comes a close second with about 1,00,000 jobs. Chennai had a dull start to the year but in the fourth quarter things are expected to look up, with 30000 jobs. Kolkata, Bangalore and Hyderabad together created about 25000 jobs in this quarter and the job scene is significantly looking up in all these cities. Ahmedabad and Pune also shows a spurt in growth with more than 10000 jobs.

Though Naukri says that there was a lull due to the festive season of Diwali, when companies shelve their hiring plans, things are again in action now and companies are hiring at all levels and the three month average has been quite stable.

The best cities for freshers seem to be Delhi, Ahmedabad and Bangalore while for senior profiles the best cities are Chennai, Kolkata and Mumbai.

Hiring is most likely to jump by 20% in 2011 feels HR departments in many companies, especially consumer durables, real estate and telecom. Simultaneously pay packets are on the rise too. The buzz is that the expected rise is about 20% this year. Deloitte and Korn Ferry both feel that there will be recruitment hike in all sectors in India in 2011, with stress on pharma, healthcare, retail, infrastructure, life sciences, as well as manufacturing.


Source: Financial Express/ Hindustan Times

Wednesday, December 8, 2010

Recruitment likely to remain bullish in December


The July-September period saw a surge in hiring activities in India. 
Out of 9,117 companies surveyed by recruitment firm, Antal International, across 52 countries, 76 per cent of organizations in India made active hirings in the July-September. Attrition rate is also expected to decline during the remainder of 2010 from the September quarter. The result is that for HR heads worldwide the challenge is now shifting from headcount reduction to sourcing talent, as markets are improving. Last quarter 54% firms were hiring as compared to 57% this year.

Globally, Asia stands out as the healthiest jobs market for managers and professionals with 86 per cent hiring trend in Thailand, China (81 per cent), Philippines (80 per cent) and Singapore (79 per cent). Pakistan's relatively poor performance at just 62 per cent also remains impressive by global standards.

The Antal report is based on material sourced from over 9,100 businesses in commerce, industry and the financial services sector across 52 countries in September and October 2010.