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The Ma Foi Employment Survey or MEtS is a quarterly exercise to understand the relative change and effect of the economic growth on the employment market. This pan India survey, the first of its kind in the country, has been initiated and undertaken by Ma Foi in an attempt to understand the employment activity in India across sectors.
The first edition of MEtS was launched in December 2004 and received wide acclaim and acceptance from the industry as well as the media. It measures employers’ intentions to increase or decrease the number of employees in their workforce during the next quarter.
MEtS (MaFoi Employment survey) is the first of its kind survey specifically for the Indian market, different in size and scope with data collected through an independent agency.
First of its Kind – MEtS is a pan India survey specifically addressing the
movements in the Indian employment market
Different – MEtS provides actual employment data in terms of net increase in
employee numbers over current employee base across 17 sectors in the
organized labour market
Impartial & Authentic – MetS is conducted through an independent and
reputable market research agency to ensure authenticity and impartiality
both in terms of selection of survey respondents and data collection.
Analytical – MEtS studies the actual movement in the employment market and
its correlation with the macro economic trends |
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Highlights from the third edition of
MEtS released in April 2005.
The MEtS is focused on aggregating employment trends and
hence along with an analysis of the overall demand, it also
offers an extensive range of sub-indices across industry
segments, turnover, employees and regional distribution.
The 17 industry sectors, for analysis purposes, have been
broadly classified into two categories – Product and Services.
The “Product” category includes sectors such as: Textiles
& Garments, Automobiles & Auto ancillaries, Chemical
& Allied, Energy, Manufacturing, Infrastructure, and
Pharmaceutical.
The “Services” category includes BFSI, Healthcare, IT,
ITES, Hospitality, Retail trade, Telecommunications, Transport
& Logistics, Education, Training &
Consulting
(ET&C), Print, Media & Entertainment (PM&E).
Ma Foi Employment Index (MEI) measures the pace of
recruitment activity/ hiring needs of the employers i.e.
employment opportunities being created across 17 sectors in
India.
The MEI for the current quarter is 1. 28 %.
The Product MEI for the current quarter is – 1.05 %
The Services MEI for the current quarter is – 1.65%
The top hiring sectors for the current quarter by MEI (%)
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