MUMBAI: The number of Indian online job seekers is expected to cross 9.2 million this year (2006-07) with the estimated market size of the Indian online recruitment industry reaching Rs 2.41 billion for 2006-2007 from Rs 1.45 billion for 2005-2006.
The industry is also likely to maintain a year on year growth of over 60 per cent, according to a survey conducted by the Internet and Mobile Association of India (IAMAI) recently.
As per the findings, the number of Indians seeking jobs online reached 6.5 million in 2005-2006 recording a rise of 71 per cent over last year.
The survey also found that junior, mid-level and senior executives accounted for more than 50 per cent of online job seekers. In addition, in keeping with the overall pattern of internet usage, among the states Maharashtra topped the list of online job seekers followed by Delhi, Tamil Nadu, Karnataka and West Bengal.
Fast facts of online job search
-- 43 per cent in the 26-35 age group
-- 72 per cent male and 28 per cent female
Qualification:
-- 41 per cent have a Graduate / Post-Graduate General (BA, BSC. MSC, B.com etc.)
-- 40 per cent have a Graduate /Post Graduate Professional Degree.
Occupation:
-- 25 per cent Mid Level Executives
-- 15 per cent Junior Executives
-- 13 per cent Students
-- 12 per cent Senior Executives
Top five states:
-- 26 per cent Maharashtra
-- 17 per cent Delhi
-- 13 per cent Tamil Nadu
-- 8 per cent Karnataka
-- 6 per cent West Bengal
Online Job Search is one of the top five online activities (e-mail, surfing, chatting, search and job search) that Indians indulge in on the internet.
Fuelled by a rising internet penetration and 38.5 million users, e-recruitment is gaining ground as a preferred medium of hiring in India. For job seekers, the internet has opened up the world of job searching, turning it into a 24-hour-a-day marketplace. Internet is arguably the most immediate, convenient and comprehensive medium for employment seekers to research and prospect for jobs.
Commenting on the findings of the survey, IAMAI president Dr Subho Ray said, "Online job search is a winner all the way. For job seekers it eliminates the disadvantages of location, cost and time. For recruiters, it provides easy access to the best talent at a competitive cost. Given the obvious advantages, this segment is set to grow at a scorching pace."
A growing economy, a thriving job market and increasingly net savvy users have converged to create the right environment for the online job search market to grow.
To understand the exact demographics of the online job seekers as well as parallel activities they do online, IAMAI mandated a study in January 2006 with a base of 3269 respondents who seek jobs online. The survey was mandated by the IAMAI to online research firm Cross Tab Marketing Services, with the overall objective of obtaining data to understand and anticipate online job trends.
