pranav.guptey@leftrightmind.com
ravi.apte@leftrightmind.com
Dear Pranav :
The following report talks about an Analysis of Employee Intentions ( India - 2015 )
It is based on ONLINE SURVEY of 300 employees and
reveals significant " trends / patterns "
In a nutshell , this is , what John Battelle ( Author of book
" Google " ) , would have called , " A Database of Intentions " - in this case , of the
Employees
But , compiled thru an Online Survey
Now , what are " Job Advertisements " - if not a
" Database of ( hiring ) Intentions
" of the EMPLOYERS ?
And if you carry out , a BIG DATA analysis of 5 MILLION job
advertisements , posted by 50,000 Indian Employers over a period of last 7
years , then will you see emergence of definite trends / patterns ?
Even changes in trends / patterns on an ongoing basis ?
Will we see emergence of probability curves ?
Without any human intervention ?
It is possible
And , in an exactly opposite direction , if one had similar data
of millions of ,
> Online Job Searches
conducted by millions of Job Seekers
> Job search Parameters
selected for all of those searches
and have such data for past 5
years ,
then , it is possible to carry out similar BIG DATA analysis ,
automatically , dynamically for unearthing the Jobseeker
Intentions
Naukri / Monster / Timesjobs , do have such data but they have (
so far ) failed to " re-invent " themselves
regards,
hcp
----------------------------------------------------------------------------------------------------------------------------
Mumbai: With
a new wave of career opportunities in the country, employees are more likely to
switch jobs in the next one year, according to a survey.
It found that 82 per cent of respondents were likely to change jobs in the next 12 months, with many looking for a role change.
As many as 73 per cent of respondents admitted to appearing for an interview in past 12 months, Michael Page India's 2015 Employee Intentions report said.
"About 82 per cent of the respondents are likely to change roles in next 12 months," said.
High attrition levels have led to higher expectations, and the most common employee intention that has increased is changing roles, by over 26 per cent or above, it showed.
Most Indians work long hours, with 34 per cent saying that they work more than 51 hours each week, it said.
"India's talent pool has very high potential indeed. The market is currently at its prime and businesses would do well to have their ears to the ground while formulating their retention strategies in order to avoid losing their star performers.
"We foresee a trend wherein employers will push the envelope while doling out pay packages and other benefits," according to Michael Page India senior managing director Sebastien Hampartzoumian.
The 2015 Michael Page India Employee Intentions report is based on the online survey responses of more than 300 employees in India and supported by insight gleaned from conversations with thousands of professionals.
The survey revealed Indian organisations are lagging when it comes to driving their diversity agenda, with 42 per cent of respondents indicating that they were unaware of their company's diversity policies.
When it comes to promotion, there was a thin disparity between male and female employees with 50 per cent of male respondents saying they were promoted in last one year, while it was 46 per cent for females. .
For almost two-thirds of the respondents (65 per cent), career progression is the primary factor for moving to another organisation, closely followed by the company's brand and reputation (45 per cent).
The survey further observed that 52 per cent of women respondents were more likely to value company brand and reputation than salary, while 57 per cent of male respondents said they will prefer going for a pay hike.
With global positive employment market, Indians are also exposed to better international opportunities, it said.
This has led to a significant majority (76 per cent) of respondents indicating that they would definitely scout for overseas employment within the next 12 months.
As many respondents also indicated that they would be willing to relocate anywhere in the world and Singapore was the most preferred destination within Asia.
An overview of retention strategies highlighted that financial rewards rank as the number one factor that would attract employees to stay in their current role (21 per cent).
Strong leadership figures was a close second with 19 per cent saying it depends on good managers to motivate them to carry on in the same organisation.
Further, it added that 70 per cent of employees intend to ask for a promotion within the next 12 months, while only 46 per cent expect to receive one.
It found that 82 per cent of respondents were likely to change jobs in the next 12 months, with many looking for a role change.
As many as 73 per cent of respondents admitted to appearing for an interview in past 12 months, Michael Page India's 2015 Employee Intentions report said.
"About 82 per cent of the respondents are likely to change roles in next 12 months," said.
High attrition levels have led to higher expectations, and the most common employee intention that has increased is changing roles, by over 26 per cent or above, it showed.
Most Indians work long hours, with 34 per cent saying that they work more than 51 hours each week, it said.
"India's talent pool has very high potential indeed. The market is currently at its prime and businesses would do well to have their ears to the ground while formulating their retention strategies in order to avoid losing their star performers.
"We foresee a trend wherein employers will push the envelope while doling out pay packages and other benefits," according to Michael Page India senior managing director Sebastien Hampartzoumian.
The 2015 Michael Page India Employee Intentions report is based on the online survey responses of more than 300 employees in India and supported by insight gleaned from conversations with thousands of professionals.
The survey revealed Indian organisations are lagging when it comes to driving their diversity agenda, with 42 per cent of respondents indicating that they were unaware of their company's diversity policies.
When it comes to promotion, there was a thin disparity between male and female employees with 50 per cent of male respondents saying they were promoted in last one year, while it was 46 per cent for females. .
For almost two-thirds of the respondents (65 per cent), career progression is the primary factor for moving to another organisation, closely followed by the company's brand and reputation (45 per cent).
The survey further observed that 52 per cent of women respondents were more likely to value company brand and reputation than salary, while 57 per cent of male respondents said they will prefer going for a pay hike.
With global positive employment market, Indians are also exposed to better international opportunities, it said.
This has led to a significant majority (76 per cent) of respondents indicating that they would definitely scout for overseas employment within the next 12 months.
As many respondents also indicated that they would be willing to relocate anywhere in the world and Singapore was the most preferred destination within Asia.
An overview of retention strategies highlighted that financial rewards rank as the number one factor that would attract employees to stay in their current role (21 per cent).
Strong leadership figures was a close second with 19 per cent saying it depends on good managers to motivate them to carry on in the same organisation.
Further, it added that 70 per cent of employees intend to ask for a promotion within the next 12 months, while only 46 per cent expect to receive one.
Story
first published on: June 11, 2015 12:00 (IST)
From: Hemen Parekh
[mailto:hcp@recruitguru.com]
Sent: Friday, June 12, 2015 10:28 AM
To: 'Pranav Guptey'
Cc: 'Ravi Apte'; 'Sanjay Thakore'
Subject: RE: Thank You
Sent: Friday, June 12, 2015 10:28 AM
To: 'Pranav Guptey'
Cc: 'Ravi Apte'; 'Sanjay Thakore'
Subject: RE: Thank You
Dear Pranav :
I launched www.3pJobs.com ,
on 14 Nov 1997 , some 11 months before
the official launch of Google
But www.Naukri.com , was
launched even earlier ( April 1997 , if I am not mistaken )
Today , I believe , Naukri has an annual revenue of approx Rs 400 Crores and gross profit of around Rs 100 crores !
Nearly 95 % of its revenue comes from subscriptions from
Corporate Employers and ( Brick-Mortar ) Recruitment Agencies
These subscribers post their job-advts and search online for
suitable resumes
Do you know why these subscribers , repeatedly post almost
identical job - ads , year after year and conduct the SAME type of resumes ,
again and again ?
When we meet , I will tell you why , if you have not figured it
out already !
Now imagine a scenario where subscribers have no need to post
those job-advts ,
and
no need to conduct online resume search !
Even before a vacancy arises , an Expert
System , recommends 5 most suitable candidates to the Recruitment
Manager !
An Expert System that makes Naukri / MonsterIndia / Timesjobs
etc obsolete !
Some 45 years ago , Marketing Guru , Ted Levitte wrote in
his seminal essay , " Marketing Myopia
" :
" If you don't make yourself obsolete ,
then someone else will "
The problem with Naukri / Monster / Timesjobs is that they have
failed to make themselves obsolete !
You have that chance
Unless you want to change the rules of the Online Recruitment
Game , you should not waste your time
regards,
hcp
From: Pranav Guptey
[mailto:pranav.guptey@leftrightmind.com]
Sent: Thursday, June 11, 2015 10:24 AM
To: hcp@recruitguru.com
Cc: Ravi Apte; Sanjay Thakore
Subject: Thank You
Sent: Thursday, June 11, 2015 10:24 AM
To: hcp@recruitguru.com
Cc: Ravi Apte; Sanjay Thakore
Subject: Thank You
Hi
Sir,
This
is Pranav from LeftRightMind. We would like to thank you for your valuable
insights over our call earlier this week.
Ravi
is back in states but we would definitely like to have a detailed discussion
with you in person as we find immense value in your expertise and experience.
While
Ravi plans to be in India around early July, I will have a discussion with
Ganesh Sir to see how best we can share more details about our concept and
partner with you.
Thanking
You,
Pranav
Guptey
Key
Accounts
LeftRightMind
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