The Indian Employment Industry has always been bereft of reliable data and has never afforded accurate data for a variety of reasons. This is because, the industry is & has remained very scattered – in terms of
Spanned over a large geographical area.
Lack of adequate & proper registrations with the appropriate Govt. bodies.
An organized sector complemented by a very strong unorganized sector.
Consequently even from the government's point of view, capturing & mining this data, across the sectors has always been a great ordeal.
However ERA is now embarking on defining the
The size of the Industry.
Periodic growth (Quarterly, Half yearly, Annually )
No. of players – both in the organized & unorganized sector.
Specially focused on the “emerging & the high growth verticals like FMCG, Media & Entertainment”.
ERA would be keen to tie up or get into strategic alliances with people / bodies, who have the Synergetic objectives.
ERA has broadly classified the Recruitment Industry into –
Search
Selection
Staffing
Its focus, today, is lot less on “ Export of Manpower – more at the Lower end ”
Based on the feedback we have got from our 100 + ERA members, the estimates of ERA in terms of –
The size of the Recruitment Industry is estimated at Rs. 20,200 Crores.
Growth of the Industry –
Search |
Selection |
Staffing |
50 % |
50 % |
70 % |
ERA is presently getting into a structural research to define the industry in a more
Scientific way – Geographically, Sectorally, Verticals wise, Industry wise etc.