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Times Group, a leader in print and digital media, offers diverse recruitment solutions through brands like TimesJobs and SimplyMarry. Explore the Times Business Solutions portfolio for employment and matrimony needs.
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Training Objective To have a better understanding of : Times Group Times Business Solution Recruitment Industry
CORPORATE VIEW- TIMESGROUP • The Times Group is a long standing leader in the print business, as well as an emerging leader in all other forms of media, including radio, TV, magazines, out of home, and more. • The Group's key brands include : • The Times of India, the world's largest broadsheet English daily • The Economic Times, India's largest (and the world's second largest) financial daily • Femina, India's largest women's magazine; • Filmfare, India's largest English film magazine • Radio Mirchi, India's largest FM radio network • Times Now and ET Now, India's leading English news and business news channels • Zoom, a leading general entertainment channel.
TIMES INTERNET Times Internet is the largest Indian Internet Network and the digital venture of Times of India, India's largest media and entertainment group. TIL websites are among the fastest growing Web / Mobile based networks worldwide. Since its inception in 1999,Times Internet has led the Internet revolution in India and has emerged as India's foremost web entity, running diverse portals and niche websites.
Overview- Times Business Solutions Times Business Solutions Division of Times Internet Limited(established in 2004) “Life Interactive” arm of the Times Group, provides global internet users interactive media to provide support, assistance, and guidance throughout their life.
Our Journey For Internal Use Only
Our Brands For Internal Use Only
TBS Presence Pan-India North Delhi Noida Gurgaon Chandigarh South Bangalore Hyderabad Chennai East Kolkata West Ahmedabad Mumbai Pune For Internal Use Only
TimesJobs: India’s Leading Job Portal In January 2004, TimesJobs.com, the fastest growing and most innovative Indian online recruitment portal, was born with a mission to reach out to all Indians in the country and abroad and provide them with the best career opportunities available. Its focus was to ensure their skills were showcased and matched suitably with the HR requirements of employers from diverse industries, in a timesaving and cost-efficient manner. Its concentrated approach has made TimesJobs.com the blue-eyed boy of recruiters and aspirants alike. SimplyMarry: India’s only metro-monial site SimplyMarry.com was launched in December 2006 with the mission of bringing together soul-mates in today’s fast-paced world, where time is at a premium and many single people cannot really treasure going from place to place to meet potential life-partners. SimplyMarry.com was successfully able to provide them with a convenient and easy to use interface, by which they could search and seek out their soul-mates, with a click of the mouse. A highly interactive site with intuitive and fast searches, simple registration, and chat process continues to be India’s first “Metro-monial” website, targeted at the youth in metros, and all communication geared towards the end-user (and not the influencer) with youthful, lively and playful campaigns, speaking directly to the prospective life-partners in an uncomplicated and transparent method, and not just their parents or families.
Ads2Book:The World’s First Global Ad Booking Engine With intensive R&D, the Net-2-Print classifieds booking system Ads2Book.com was created and imbued with AI (artificial intelligence) that assisted users through the entire process of Creating, Booking & Paying for their Print Classified Ads, all from the comfort of their desktop. TechGig.Com TechGig.com is the world’s first technology-specific, engagement portal, exclusively for people in the IT Sector to enhance their employability and professional growth with useful tools, while staying updated of the latest happenings in the industry. On this platform a technology professional can attend Webinars, participate in Coding Challenges, Showcase his skills and so on JobBuzz.Com JobBuzz is an employee to employee community which helps jobseekers makes the most intelligent career decisions. It helps them decide which company, industry and role is right for them. This is done by providing them information on company reviews, ratings , salary , interview processes and interview questions. These are contributed by the members of the community who happen to be current or past employees of a company.
StepAhead.Com StepAhead is a career portal which offers a host of services to help professionals and job seekers accelerate their career growth. They are useful for candidates across different industries, functional areas and experience groups. These services help in various stages of the job searching, self improvement and job application process. HappyKeys.Com The year 2014 marks the launch of HappyKeys.com, an initiative by Times Business Solutions Ltd. that offers complete realty solutions for homebuyers as well as investors buying property in India (Currently covering only Delhi NCR in the Beta Launch). Launched with the aim of offering homebuyers “the joy of buying a home
Size of the Recruitment Industry India's Internet user growth rate is four times of global rate: Mary Meeker's 2016 Internet Trends It said that Internet users grew by 40% to 277 million users in India during the year, up from 33% in the previous year. 2 Jun, 2016, 01.14PM IST The human resource industry in India has grown at a compounded annual growth rate of 18% over the past four years according to a report by IAMAI
Job market eyes over 10-lakh hiring, hefty hikes in 2016 Expert View point of Recruitment Industry The latest TimesJobs.com Job Outlook 2016 survey of over 1,614 employers across India also shows positive hiring plans by nearly 60 % of the surveyed organizations. The survey covered over 1,614 employers across India . "With the government's Digital India and Make in India push, manpower demand is bound to increase in core technology and manufacturing sectors in 2016," TimesJobs.com EX COO Vivek Madhukar According to Naukri.com Chief Sales Officer V Suresh, "2016 will be an year to cheer for job-seekers across sectors. Our Naukri Hiring Outlook also predicts IT/ITES and BFSI to sustain the momentum gained in the coming year as well." "The organized sector in India is set to create about one million new jobs in the calendar year 2016," Rajesh Kumar, CEO of MyHiringClub.com and JobPortal.co.in said.
Recruitment Outlook 2016 • Indian search and recruitment market is valued at 4500 crore INR • Online recruitment market valued at 600- 650 crores • Nearly 60-70% companies have positive hiring outlook • Manpower demand is bound to increase in core • technology and manufacturing sectors • IT/ITES and BFSI to sustain the momentum in hiring • IT sector is likely to create around 2.7 lakh jobs, while • nearly 1.5 lakh jobs can come in e-commerce • Retail and automobile sector also have huge job creation • potential
Common Recruitment Jargons • CPH – cost per Hire = Total Amount spent (excluding HR team expenses)/ Total Hire • COH - cost of Hire = Total Amount spent (including HR team expenses)/ Total Hire • WFP - Work force planning – based on business forecast • Job Shopping – Recruit taking multiple job offers and negotiating salary • Ramp Up – hiring due to increase in business • Back fills – Hiring to replace people who have quit. Also called replacement hiring. • Drop Out – people being offered but not joining • Active – Profiles that in the past 3 months have been updated, modified, refreshed or have applied for a job • Passive – Non active • Talent farming / Prospect farming - The Employer branding team works before a splurge to create a pool of prospective candidates for eg. Creating communities etc. • Thought Leadership – creating buzz around a concept for which eventually hiring is done eg. Cloud Computing, big data and analytics boom created • ROI- Return on Investment • Attrition- Number of people who have quit job/ resigned in an organization
Online Recruitment : Benefits for the Company Longer Job Visibility Shortened recruitment cycle time Flexible medium : Bulk & Niche Hiring Wide & Instant Reach :Globe Easy manageability : responses RESULT : Time, Cost & Effort Saving
Aggregates jobs Job Alerts Targeted Job Search Easy application : single click RESULT : Time & Effort Saving Online Job Search : Benefits to the Jobseeker
Online : Key Players Naukri.com Began operations in the Year 1997 Monster.com Entered India in the Year 2001 Timesjobs.com Began operations in the Year 2004 Shine.com Began Operations in the year 2008
Before we get into understanding the recruitment solutions from TimesJobs; let’s understand the Human resource DEPARTMENT
Recruitment function in every corporateis performed by the Human Resource Department
What do we understand about HR Department; What are its considerations in hiring ?