Index: Sr. No. Particulars No
Index: Sr. No. Particulars No
Sr. No.
Particulars
01.
RECRUITMENT
06
02.
08
03.
STEPS TO EFFECTIVE
RECRUITMENT
10
04.
FACTORS AFFECTING
RECRUITMENT
SELECTION
16
18
09.
ORGANIZATION FOR
SELECTION
BARRIERS TO EFFECTIVE
SELECTION
COMPANY PROFILE: ICICI
BANK
HISTORY
10.
RESPOSIBILITIES
23
11.
PRACTICES CONDUCTED
25
12.
26
13.
RECRUITMENT PROCESS OF
ICICI
CONCLUSION
14.
BIBLIOGRAPHY
29
05.
06.
07.
08.
Page
No.
17
19
20
21
28
01. RECRUITMENT
According to Edwin B. Flippo, recruitment is the process of searching the
candidates for the employment and stimulating them to apply for jobs in the
organization. Recruitment is the activity that links the employers and the job
seekers. A few definitions of recruitment are:
Recruitment is a process of finding and attracting capable applicants for
employment. The process begins when new recruits are sought and ends
when their applications are submitted. The result is a pool of applications
from which new employees are selected.
Recruitment is the process which links the employers with the employees.
This help increases the success rate of selection process by decreasing number
of visible under qualified or over qualified job applicants. It also helps to reduce
the probability that job applicants once recruited and selected will leave the
organization only after a short period of time. It meets the organizations legal
and social obligations regarding the composition of its workforce.
It begins identifying and preparing potential job applicants who will be
appropriate
job
candidates.
It
increases
organization
and
individual
effectiveness of various recruiting techniques and sources for all types of job
applicants.
Recruiting people who are wrong for the organization can lead to increased
labour turnover, increased costs for the organization, and lowering of morale in
the existing workforce.
Such people are likely to be discontented, unlikely to give of their best, and end
up leaving voluntarily or involuntarily when their unsuitability becomes
evident. They will not offer to flexibility and commitment that many
organizations seek.
Managers and supervisors will have to spend extra time on further recruitment
exercises, when what is needed in the first place is a systematic process to
assess the role to be filled, and the type of skills and most recruitment systems
will be simple, with stages that can be followed as a routine whenever there is a
vacancy to be filled, and which can be monitored and adapted in the light of
experience.
A person specification or job profile states the necessary and desirable criteria
for selection. Increasingly such specifications are based on a set of
competencies identified as necessary for the performance of the job, include:
Skills, aptitude, knowledge and experience
Qualifications (which should be only those necessary to do the job - unless
candidates are recruited on the basis of future potential , for example
graduates)
Personal qualities relevant to the job, such as ability to work as part of a
team.
The document formed from the person specification can then be used to inform
the criteria you use to shortlist applicants.
External method: There are many options available for generating interest from
individuals outside the organisation.
Online recruitment
Press advertising
Networking
Open days
Advertising remains the most common means of attracting and recruiting.
Advertisements should be clear and indicate the:
Requirements of the job
Necessary and the desirable criteria for job applicants (to limit the number of
inappropriate applications received)
Nature of the organisations activities
Job location
Reward package
Job tenure (for example, contract length)
Details of how to apply.
Advertisements should be genuine and relate to a job that actually exists. They
should appeal to all sections of the community using positive visual images and
wording.
CVs
The advantage of CVs is that they give candidates the opportunity to sell
themselves in their own way and dont have the restrictions of fitting
information into boxes as often happens on an application form. However, CVs
make it possible for candidates to include lots of additional, irrelevant material
which may make them harder to assess consistently.
10
Step 7 Induction
Induction is a critical part of the recruitment process, for both employer and
new employee. An induction plan should include:
Orientation (physical) - describing where the facilities are
11
In recruiting new employees management must consider the nature of the labour
market, what sort of potential labour are available and how to look for works.
The Factors affecting are as follows:
Labour Market Boundaries
The knowledge of the boundaries helps management in estimating the available
supply of qualified personnel form, which it might recruit.
Available Skills
Companies must locate the areas where they can find employees who fit the
jobs according to their skills.
Economic Condition
Economic Conditions also affect recruitment. Unemployment worker may
swamp a new plan located in a depressed labour market whereas a firm trying to
establish it or to expand it in an area where a few qualified workers are out of
work has quite a different recruitment problem.
Attractiveness of the Company
The attractiveness of the company in terms of higher wages, clean work, better
fringe benefits and rapid promotions serves as influencing factor in recruitment.
05. SELECTION
13
background
investigation,
physical
examination
and
final
Until recently the basic hiring process was performed in a rather unplanned
manner in many organizations. In some companies, each department screened
and hired its own employees. Many managers insisted on screening their own
employees as they thought no one else could do that as efficiently as they
themselves.
But now selection is centralized and handled by the Human Resource
Department. This type of arrangement is also preferred due to some of these
advantages:
It is easier for the application because they can send their applications to a
single centralized department.
It facilitates contact with applicants because issues pertaining to employment
can be cleared through one central location.
It helps operating managers to concentrate on their operating responsibilities.
This is especially helpful during the chief hiring period.
It can provide for better selection because hiring is done by specialist trained
in staffing techniques.
The applicant is better assured of consideration for a greater variety of jobs.
Hiring cost is cut because duplication of efforts is reduced.
With increased governmental regulation on selection process, it is important
that people who know about these rules handle a major part of the selection
process.
15
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