campus trendz survey 2013

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CareerNet’s Campus Trendz Survey 2013 Copyright © 2013 CareerNet Consulting

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Compensation is a key factor for organizations in attracting and retaining talent. However, most of them focus attention & effort on just administering plans, rather than strategically assessing them. CareerNet has been providing organizations with an insight into the Compensation trends across sectors in India for benchmarking and structuring compensation on campus as part of their hiring strategy. Campus Trends Survey is targeted to organizations from the Technology Product, Technology Services, Knowledge Services, Business Process Outsourcing, Banking, Financial Services & Insurance, Manufacturing/ Engineering and Consumer Business & Retail sectors. Campus survey report will provide insight into the campus trends across sectors in India as below: • Compensation trends across Industry; Roles & by Tier of Colleges • Benefits provided • Hiring Trends • HR Best Practices • Attrition Trends • Hiring Challenges • Internship Headquartered in Bangalore, India. CareerNet is leading provider of Talent Acquisition and Management solutions to Technology, Knowledge Services, Banking & Financial Services, Insurance, Engineering & Healthcare sectors in India

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Page 1: Campus Trendz Survey 2013

CareerNet’s Campus Trendz Survey 2013

Copyright © 2013 CareerNet Consulting

Page 2: Campus Trendz Survey 2013

ESOP

Retention

Vehicle Loan

Wellness

Benefit

Compensation

Role

Campus

Benefit

Entry Level Hiring

Interns

Travel

Copyright © 2013 CareerNet Consulting

Page 3: Campus Trendz Survey 2013

About Campus Trendz Survey 2013

Survey report complimentary on participation

• Hiring

• Compensation & Benefits

• HR Best Practices

• Attrition

• Internship

The survey captures data for an organisation’s

• Qualitative and quantitative analysis on the latest trends in campus compensation and

• Corporate practices to structure CTC on campus as part of the company hiring strategy

The survey report will enable organisations with

Campus Trends Survey 2013 is the sixth edition of CareerNet’s Annual Compensation Survey.

Copyright © 2013 CareerNet Consulting

Page 4: Campus Trendz Survey 2013

• Graduates: BSc, BCA,

B.Com, BBA

• Engineering: B.Tech,

M.Tech, MCA

• Post Graduates: MSc,

MCom, MPhil, MS

• Specialized Courses: PhD,

CA

• Management: MBA

• Banking, Financial Services

& Insurance

• Consumer Business & Retail

• Engineering/ Manufacturing

• IT Products

• IT Services

• IT enabled Services

INDUSTRY

Survey Coverage

Across Industries and Education

Hiring Level • Freshers / Entry Level

• Interns

DEGREE

Copyright © 2013 CareerNet Consulting

Page 5: Campus Trendz Survey 2013

Why Participate?

Trends & Analysis across industries

Campus Trends Survey

Market Overview

Sector Snapshot

Hiring Trends

Comp & Ben

Trends

Attrition Analysis

Copyright © 2013 CareerNet Consulting

Page 6: Campus Trendz Survey 2013

Industry wise participation

83%

7%

6% 4%

Survey 2011

IT

BFSI

ITeS

Manufacturing

No of participants: 96

42%

15%

19%

11%

13%

Survey 2012

IT Product

Banking & Fin Serv

IT Services & ITeS

Engineering / Manufacturing

Consumer Business & Retail

No of participants: 117

40%

15%

15%

10%

10%

10%

Survey 2013 Targeted

IT Product

IT Services

ITeS

Engineering/ Manufacturing

Consumer Business & Retail

Banking Financial Services & Insurance

More than 100 companies participation Copyright © 2013 CareerNet Consulting

Page 7: Campus Trendz Survey 2013

Survey Methodology

•Develop

objectives and topics •Project

Scoping

•Design the

questionnaire

Survey

Planning

•Preliminary

analysis

•Trends of

compensation

•Analyze and

present

various data

scenarios

•Approach companies •Data collection

•Understanding

policies &

programs

•Review gaps

in data and fill

the same

•Generation of

final report

•Branding and

PR

•Present

findings

•Dispatch to

participant

organizations

•Focus group

discussion

with Industry

Leaders

• Validation of

questionnaire Meeting

with

participants

Industry

Focus

Group

Data

Analysis

Report

Publishing

Copyright © 2013 CareerNet Consulting

Page 8: Campus Trendz Survey 2013

Highlights of Campus Compensation Survey 2012

Page 9: Campus Trendz Survey 2013

Hiring Trends - 2012

On an average, entry level hiring across sectors is about one-third of total annual hire.

20% outsource their Entry level hiring.

Overall entry level attrition across sectors is 17%.

Overall entry level women diversity is 36%.

Tier A campuses are preferred for offering Research & Development Roles.

23%

34%

43%

35% 31%

38%

0%

10%

20%

30%

40%

50%

Percentage entry level hiring by Industry

IT IT ITeS BFSI Mfg/ Con/ Product Services Eng Retail

47%

19%

14%

20%

Source of Entry Level Hiring

Campus Walkin Referrals Vendors

2012-13 2012-13

Copyright © 2013 CareerNet Consulting

Page 10: Campus Trendz Survey 2013

Campus Survey 2011 Attracting & Retaining Talent

Overall entry level attrition across sectors is 17%.

Overall entry level women diversity is 36%.

Consumer Business & Retail companies significantly hire more percentage of women at entry level

Majority of Attrition at high-paying roles is due to further studies whereas it is better pay at low-paying

roles

30% 35%

44%

29%

17%

67%

0%

10%

20%

30%

40%

50%

60%

70%

80%

Women Talent Diversity

IT IT ITeS BFSI Mfg/ Con/ Product Services Eng Retail

8%

21% 24%

13%

4%

44%

0%

10%

20%

30%

40%

50%

Attrition at Entry Level

IT IT ITeS BFSI Mfg/ Con/ Product Services Eng Retail

2012-13 2012-13

Copyright © 2013 CareerNet Consulting

Page 11: Campus Trendz Survey 2013

Campus Survey 2011

Matured sectors like IT Product, IT Services & BFSI offer pre placement offer to about 50% interns

Most of participating companies offer travel as benefit to interns

Internship

Training imparted to Entry Level recruits

60%

36% 40%

45% 50%

55%

0%

10%

20%

30%

40%

50%

60%

70%

% Companies offering Internship

IT IT ITeS BFSI Mfg/ Con/ Product Services Eng Retail

43% 48%

13%

30% 25% 24%

0%

10%

20%

30%

40%

50%

60% Internship to Pre Placement Offer ratio

IT IT ITeS BFSI Mfg/ Con/ Product Services Eng Retail

2012-13 2012-13

Copyright © 2013 CareerNet Consulting

Page 12: Campus Trendz Survey 2013

Campus Survey 2011

IT Product and Services sector have higher fixed pay, around 90%.

Participating IT Product and BFSI - Offshore companies hire entry level talent from Tier A+ campuses

for high-end technology roles.

Participating IT Product companies not only pay significantly higher salaries for IT roles at entry level,

but also for functional roles like HR, Sales/Marketing & Operations over other industry verticals.

Participating companies pay similar salaries to Engineering and Management post graduates across

each tier of college.

Compensation Trends - 2012

87% 92%

80% 81% 82%

73%

6% 6%

15% 14% 15% 15%

0%

20%

40%

60%

80%

100%

Compensation Break up

Fixed Pay

Variable Pay

IT Product IT Services ITeS BFSI Mfg/ Eng Con/ Retail

2012-13

Copyright © 2013 CareerNet Consulting

Page 13: Campus Trendz Survey 2013

Campus Survey 2011 Benefits Offered

Participating IT Products companies offer wide range of benefits to attract & retain entry level talent,

whereas sponsoring Higher Education is typically the most common strategy to retain talent across IT

roles.

Participating Consumer Business & Retail companies typically offer significantly higher benefits

compared to other industry sectors.

20% of participating companies Wellness as a benefit is provided by the participating companies

35% of participating BFS sector companies provide higher education as a benefit

Among participating companies, Manufacturing sector provides vehicle loan/ assistance as a benefit

22%

5% 5%

18%

10% 9%

0%

10%

20%

30%

Wellness as a benefit

IT IT ITeS BFSI Mfg/ Con/

Product Services Eng Retail

22% 21%

7%

22%

3%

26%

0%

10%

20%

30%

% IT Product companies providing benefits

ESOP / Joining Retention Wellness Vehicle Higher

RSU Bonus Bonus Loan Education

2012-13 2012-13

Copyright © 2013 CareerNet Consulting

Page 14: Campus Trendz Survey 2013

How to participate?

To participate in the Campus Trendz Survey 2013, please click on the

link: www.careernet.co.in/survey and follow the below steps:

1. Click on Register Now link above the login box.

2. Enter Name, Email ID and Password.

3. Once registered, use the same email id and password to login to the survey.

4. Every section has instructions for filling in the survey. For any queries, kindly reach out to us Ph: 080-6656-0178 Email: [email protected]

Copyright © 2013 CareerNet Consulting

Page 15: Campus Trendz Survey 2013

CareerNet Technologies Pvt. Ltd.

CareerNet Campus, Plot #53, Bellandur Post,

Devarabeesanahalli (Near Intel Flyover)

Outer Ring Road, Bangalore – 560103

Voice : +91-80-6656-0000

Fax: +91-80-66556-0001

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Employs more than 650+ people pan India

Access to large talent pool from a wide range of industries, expertise & experience

Our Expertise

Recruitment Consulting | Executive Search | Campus Solutions |

Recruitment Technology | Process Management | Turnkey Hiring

Campus Solutions

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About CareerNet

The content presented here is the exclusive property of CareerNet Consulting. No material from here may be copied, modified, reproduced, republished, uploaded, transmitted,

posted or distributed in any form without prior written permission from CareerNet. Unauthorized use may violate copyright, trademark and other applicable laws, and could

result in criminal or civil penalties. Copyright © 2013 CareerNet Consulting

www.careernet.co.in