siliconindia | | December 20194Over the past five years, the recruitment and placement industry in India has been rapidly growing at an astounding pace of 21 per cent YoY. While the permanent recruitment segment in India is estimated at over INR 3,000 crore, the search industry is pegged to have a market size of over INR 700 crore. In the next 5 to 10 years, quite a few countries and major corporates will be investing in India, and therefore with all the investments coming in, the preferred choice is definitely India. Recruitment is going online and mobile to meet the unique talent needs of competitive organizations. Businesses that want to grow fast but steady knows that it can only be achieved when they have the perfect combination of employees and for that recruitment is of utmost importance. The hiring managers and the corporate houses are also largely dependent on recruitment and placement agencies to source and attract the best talent, especially for niche positions in all sectors. There's a high degree of automation throughout the recruitment pipeline, from attracting talent to on boarding it. For example, video interviewing has been a popular concept that helps save on travel costs and provides flexibility. Interestingly, such developments are brought about by experienced consultants that are being a saviour for businesses by leveraging manpower. Taking into account the types of companies being built, shift in workforce demographic, and working environment, these consultants are developing more transparent and engaging model and are well equipped to explore the disruptive market opportunity in the recruitment space. They have gained considerable momentum with the active role of investors in this space and have helped companies create a wide array of products, with the infusion of both software and hardware to make the complete recruitment processes smooth and affordable. There is a tool for everything starting from recruitment, talent management, employee self-service, gauging engagement and productivity and even enhancing corporate health and wellness.Do let us know what you think! Nandini MukherjeeSpecial EditorEditorialConsultants are Scaling Talent Acquisition Vol 08 · Issue 4 - 3 · December, 2019 Publisher Alok Chaturvedi Managing Editor Anamika Sahu Special Editor Nandini Mukherjee Editorial Team Rajan Sarma Ananth .V Aparna Roy Riya Sethi Monica Pallavi J Sophia Rohtagi Sujith Vasudevan Srrayvinya OLM Shefali Mathur Trisha Pragya VP - Sales & Marketing Virupakshi Pattar Advertising Managers Editorial queries editor@siliconindia.com To subscribe Visit https://www.siliconindia.com/subscribe/ or send email to subscription@siliconindia.com Cover price is `150 per issue. Printed and Published By Alok Chaturvedi on behalf of SiliconMedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017. Editor Alok ChaturvediCopyright © 2019 SiliconMedia Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.advertise@siliconindia.com Visualisers Vetrivel S Mohana Krishnan Group Art DirectorAshok KumarNoidaAshu SethiGarima AnandCirculation Manager Magendran PerumalAshwini D. Naik Chander Thyagaraj Mukesh Babu AryaCONSULTANTS
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