4. Indian labor market
Rural workers , who constitute
about 60% of the workforce
Organized of the formal sector,
that constitutes about 8% of the
workforce, and
Urban unorganized or informal structure which
represents the 32% of the workforce.
Source: http://industrialrelations.naukrihub.com/labor-
market.html
5. Indian labor market
Self-employment and
casual labor statuses are
more prevalent among
rural than urban labor force and
among female than male
workers.
The Incidence of
unemployment is higher
in the urban than in the rural
labor force with nearly 48
percent of the total
unemployed persons coming
from aggregate urban labor
force whose share in total
(rural plus urban) work force is 22 per cent.
Those reporting wage and salary earning dominate in the urban labor
force, their share being around 62 per cent.
Source: http://industrialrelations.naukrihub.com/labor-
market.html
6. Employment Outlook
Survey for the first quarter 2012 was conducted by
interviewing a representative sample of 4,556
employers in India. All survey participants were
asked, “How do you anticipate total employment at
your location to change in the three months to the
end of March 2012 as compared to the current
quarter?”
Results of the above survey
Source: http://www.ibef.org/download/MEOSQ112-60112.pdf
7. Opportunity
There is a huge potential of low wages workers in India who
either do not have
adequate information or, do not have adequate platform
to search for their jobs. And
that’s is the reason they are getting deceived by
contractors, commission agents,
employers, etc.
And on the Other Hand, employer are concerned on
• The reliability of the workers,
• High attrition rate,
• Higher theft cases,
• Guarantee of workers
8. Evolvement Of Idea
An Idea “A Job hunt platform for low wages workers in India”.
The Challenges
• Workers can not access internet
• How the communication between workers and employers
will take place?
• How to maintain reliability among employers and workers?
• How to compete with contractors and other competitors?
• What other values we can provide to this solution?
• What are the risks and uncertainties?
• Market Study
9. Survey Results
Age Group of Workers
18-28
28-40
40-60
60+
10. Survey Results
Present Sources of Hiring
Registered
Agencies
NGOs
Contractors
Personal
Contacts
11. Survey Results
Issues of Employers
Attrition
Fake Identity of
Workers
Cases of Theft
Ignorant about
Employment
benefits
12. Survey Results
Issues of Workers
Tough to get to
know about
Job
Opportunities
Dissatisfied with
Contractors/
Agencies
Lack of New
Opportunities
13. A Million dollars Solution
• The communication with workers will be provided by
telephonic system. This would be an automatic telephonic
system which will automate the profile creation and the
same audio will be attached with worker’s profile as well.
• As some of the workers will not be able to bare the cost of a
telephone call, we will provide toll free numbers.
• A job portal will be the interface for employers to screen
and search for good resources.
• We would provide an extensive service of workers
verification and each worker will go through our
development program as well.
• We would have fare opportunity for good
contractors, Agents, NGOs, etc.
• We would also provide worker development plans for
different sources of workers to help them do better.
14. Need your Blessings
This is a noble cause where we will be working
for the sake of giving better life to low wages
workers and will try to develop them so that
our country can grow with them.
Bless us for this novel cause.
THANK YOU!