Talent Neuron City Spotlight St.

Petersburg (Executive Summary)

July 2013

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All the information contained in this report is obtained through proprietary technology aggregation algorithms, human experts, network of domain experts, discussions with industry leaders, public and confidential information sources believed to be reliable. Talent Neuron makes no representations or warranties regarding the errors, omissions or completeness of any information contained herein and shall have no liability for the same. The report is provided solely for informational and marketing purposes and opinions must not be construed as advice, recommendations or endorsements. The reader of the report is advised to conduct an independent evaluation and form conclusions with respect to the information provided.

Topics Covered in the report

St. Petersburg Snapshot

St. Petersburg Installed Talent Pool St. Petersburg Fresh Talent Pool (Available in Full Report) St. Petersburg University (Available in Full Report) St. Petersburg Ecosystem (Available in Full Report)

St. Petersburg Snapshot In 2012, St. Petersburg was ranked 32 amongst top 100 Outsourcing destinations in the world

Ankara Overview City Population Unemployment Rate (IT) Attrition Rate Working Days in a year 4,951,6 00 0.7% 10% 221 days (1768 hours)

Politicak Risk Rating

EU Membership Status

EIU Score 55
EU partnership

St. Petersburg is an administrative centre of the NorthWest federal district of Russia and the second largest city of the country The city is a major trade , financial , and industrial center of Russia. As per employment law, maximum working hours per day is 8 hours. No pay for overtime 12 Public Holiday and 28 Paid vacations for employees

Source : Statistic Institute Russia, Investment agencies, News articles; Talent Neuron Interviews

Zinnov

St. Petersburg St. Petersburg has 82,850 professionals working in the IT sector

Installed Talent Pool St. Petersburg

82,850

Total Compensation Break up per month

Euro 1,100 4% 22% Euro 1,547

3% 9%

33,050 19,650 16,350

5,800
Total Installed Talent Sofware Hardware IT Services BPO

8,000
Technical Support

74%

89%

Fresher
Mobile Social Contribution

Experienced
Gross Salary

Note: Fresher corresponds to experience of 0 years; Experienced corresponds to an experience of 3 years. On an average an employee would use 22 hours of mobile phone calling for corporate use and the per minute cost is Euro ~ 0.06 summing to Euro ~ 80 per month. Out of which 50 % of the Telephone bills to be paid by the Employer

Talent
English/ German Language English is a mandatory foreign language in Russian schools 2 Master's degree programs in English have started in Saint Petersburg Electrotechnical University. German language proficiency is low Annual salary increase is 9%

Social Security Contribution

Fresher Pension Fund Social Insurance Medical 22% 2.9% 5.1% Experienced 10% 0% 0%
Zinnov 5

Annual Salary Increase

Source : Talent Neuron, Country Statistics site, Industry Associations, University Websites, Industry Reports, Interview with Stakeholders and Job Portals

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