Search This Blog

Wednesday, December 30, 2009

Compensation trends in Indian recruitment industry - An Analysis

I am sure many of us recruiters have sometime or other put a search on portals  for some recruitment profiles just to have an idea how much other recruiter friends are earning in the market.

Few days back I came to know about a tool in Naukri.com called Naukri Paycheck  which helps you to know about salary trends in the market.You just have to put the industry name, location, experience in specific field and it will show you the lowest, median and highest salary obtained by professional in the same domain. Please note that Naukri has got a huge database of resume from all fields and such a tool can give you a fairly accurate data.

I tried to check the tool on Indian recruitment industry....




....and here is what I found:



Details:

I have used different educational qualifications with different years of experiences and tried to find out median salary for each combination ie: BE/MBA- 1 yr, BE/MBA - 2 yrs etc. Finally I have taken average salary irrespective of education for each year of experience. Location is Bangalore in all of them.






* Salary in Lacs per annum.

 Observations:
  • As you can see avarage salary for any year of experience in recruitment sector is less as  when compared to other domains such as software engineers or marketing guys(we don't require data to compare it) despite the fact that all the samples taken here are equally or more qualified (BE or MBA) .
  • Recruiters with BE+MBA degree command highest salary followed by BE, then by BSC+ MBA and B COM+ MBA.
  • All the profiles can be divided into two types: people who work in recruitment consulting firms taking care of other client's requirements and recruiters who work for company's internal recruitment. In earlier case though it is the recruiter's who are the revenue generators, still as the industry is not very organized till now, salary ranges are very low. Where as on the other case recruiters are not the billing items for companies, so they can't demand more salary.
  • One factor which may not be visible in the data is the incentive structure in recruitment industry. In most of the staffing consulting firms fix components are generally low and incentive structure is good. So many candidates would have mentioned their fixed salary here which may  be significantly low when compared to what they take home each month.
I know the data can never give 100% correct picture, still I feel that the above data fairly portrays the compensation trends in recruitment industry.

Doy you think that recruitment is not a very skillful job ???
Note:
#Believe me I have no idea why salaries for 4yr and 5 yr employees are coming as same!
#I really liked the tool(Naukri Paycheck) and will give a detailed analysis on it  some other post.

19 comments:

  1. These are basically short phrase loans that do present you meet your fiscal problems inside a preferred precise time period.
    Thinking of time limitations these loans are especially designed
    above an obligation absolutely free platform.
    As such, these are kept fully totally free from credential checksums.
    Troubles such as defaults, arrears, bankruptcy, CCJs and even IVAs are not regarded right
    here. Additional, there are also no collaterals related with these loans.
    There is minimal paper work necessary on the part of borrower.

    There are also no hidden or extra documentation or faxing expected
    here. Applying for these loans is also very
    practical. People today only require filling an on the web form
    and as soon as this gets authorized cash is received inside 24 hours time
    frame. These loans are often supplied beneath practical terms and conditions.
    The general fundamental applicant criteria right here is that they ought to be a UK resident and of 18 years of
    age.
    Here is my page :: insainia.com

    ReplyDelete
  2. These are fundamentally short term loans that do produce you meet
    your fiscal troubles inside a preferred precise time
    period. Contemplating time limitations these loans are specifically intended above
    an obligation totally free platform. As such,
    these are kept entirely 100 % free from credential checksums. Matters such as defaults, arrears, bankruptcy, CCJs and even IVAs are not regarded here. Further, there are also no collaterals connected with these loans. There is minimal paper operate required on the element of borrower. There are also no hidden or additional documentation or faxing essential right here. Applying for these loans is also particularly convenient. Men and women only require filling an on-line type and as soon as this gets authorized cash is received inside 24 hours time frame. These loans are frequently offered below practical terms and circumstances. The general basic applicant criteria right here is that they ought to be a UK resident and of 18 years of age.
    Also see my website :: click

    ReplyDelete
  3. These are fundamentally brief phrase loans that do present you meet your fiscal difficulties within a
    preferred certain time period. Contemplating time limitations
    these loans are specifically designed above an obligation free of charge platform.

    As such, these are kept completely zero cost from credential checksums.
    Concerns such as defaults, arrears, bankruptcy,
    CCJs and even IVAs are not viewed as right here. Further,
    there are also no collaterals linked with these loans. There is minimal paper perform
    essential on the portion of borrower. There are also no hidden or
    added documentation or faxing essential right here.
    Applying for these loans is also highly practical.

    Consumers merely require filling an on-line form and when this
    gets approved money is received inside 24 hours time frame.
    These loans are normally provided below practical terms and circumstances.
    The general standard applicant criteria right
    here is that they should certainly be a UK resident and
    of 18 years of age.
    Review my web page - www.hardhitterz.com

    ReplyDelete
  4. These are essentially brief term loans that do give you meet your fiscal troubles
    inside a preferred certain time period. Thinking of time limitations these loans are particularly made above an obligation cost-free platform.
    As such, these are kept completely 100 % free from credential checksums. Matters such as defaults, arrears, bankruptcy, CCJs and even IVAs are not thought to be right here. Further, there are also no collaterals connected with these loans. There is minimal paper work needed on the aspect of borrower. There are also no hidden or further documentation or faxing essential here. Applying for these loans is also exceptionally hassle-free. People today just call for filling an internet type and when this gets authorized money is received within 24 hours time frame. These loans are often provided under convenient terms and situations. The general fundamental applicant criteria right here is that they should be a UK resident and of 18 years of age.
    Also see my site - www.stellarlist.com

    ReplyDelete
  5. These are fundamentally brief phrase loans that do deliver you meet your fiscal problems inside a preferred precise time period.
    Thinking of time limitations these loans are particularly created above an obligation free
    of charge platform. As such, these are kept entirely no cost from credential checksums.
    Problems such as defaults, arrears, bankruptcy, CCJs and
    even IVAs are not considered here. Further, there are also no collaterals connected with these loans.
    There is minimal paper operate expected on the component of borrower.
    There are also no hidden or additional documentation or faxing required right here.
    Applying for these loans is also extremely hassle-free.
    Consumers merely require filling an over the internet
    type and as soon as this gets authorized money is received inside 24 hours time frame.
    These loans are often provided beneath practical terms and circumstances.

    The common fundamental applicant criteria right here is that they must be a UK resident and of 18 years of age.
    Here is my weblog : iqracollege.com

    ReplyDelete
  6. These are essentially short phrase loans that do deliver you meet your fiscal difficulties within a
    preferred precise time period. Thinking of time
    limitations these loans are specifically developed above an obligation absolutely free platform.
    As such, these are kept completely zero cost from credential
    checksums. Difficulties such as defaults, arrears, bankruptcy, CCJs
    and even IVAs are not thought to be right here. Additional, there are also no
    collaterals associated with these loans. There is minimal paper perform necessary on the portion of borrower.
    There are also no hidden or added documentation or faxing required
    here. Applying for these loans is also especially hassle-free.
    Consumers only require filling an on-line form and once this gets authorized money is
    received within 24 hours time frame. These loans are generally provided below practical terms and situations.
    The general simple applicant criteria right here is
    that they really should be a UK resident and of 18 years of age.
    My webpage ; http://ekelma.com/

    ReplyDelete
  7. These are generally short phrase loans that do
    produce you meet your fiscal concerns inside a desired certain time period.
    Taking into consideration time limitations these loans are specifically developed above
    an obligation free platform. As such, these are kept totally
    100 % free from credential checksums. Difficulties such as defaults, arrears, bankruptcy, CCJs and even IVAs are not regarded as here. Additional, there are also no collaterals linked with these loans. There is minimal paper function expected on the portion of borrower. There are also no hidden or extra documentation or faxing needed here. Applying for these loans is also very handy. Consumers only call for filling an on the internet type and when this gets approved money is received inside 24 hours time frame. These loans are commonly supplied below hassle-free terms and circumstances. The general standard applicant criteria right here is that they should be a UK resident and of 18 years of age.
    Feel free to surf my blog post :: click

    ReplyDelete
  8. These are fundamentally brief phrase loans that do
    produce you meet your fiscal problems within a desired distinct time
    period. Contemplating time limitations these loans are particularly made above an
    obligation free of charge platform. As such, these are
    kept fully free from credential checksums. Matters such
    as defaults, arrears, bankruptcy, CCJs and even IVAs are not viewed as here.
    Additional, there are also no collaterals linked with these loans.
    There is minimal paper work needed on the part of borrower.

    There are also no hidden or extra documentation or faxing expected here.
    Applying for these loans is also pretty hassle-free.

    People basically require filling an on the internet form and when this gets approved cash is received within 24 hours time frame.
    These loans are commonly offered beneath hassle-free terms and situations.

    The general standard applicant criteria right here is that they should certainly be a UK resident and of 18 years of age.
    Also visit my page : edu.ua

    ReplyDelete
  9. I liked the post and also get to know about the new feature of Naukri Paycheck. Thanks for sharing.
    Tmtaba offers services and a new perspective towards issues regarding ROE in Japan. Some of them including Salary reduction, compensating japanese employees and firing employees in Japan.

    ReplyDelete

LinkWithin

Related Posts with Thumbnails