Recruitment and Selection Project
Recruitment and Selection Project
Recruitment and Selection Project
Department of MBA
PROJECT REPORT
On
RECRUITMENT AND SELECTION PROCESS AT TVAKSA
TECHNOLOGIES PVT LTD.
Submitted by:
o Aishwarya Tadasad (2GI18MBA02)
o Amol Mutgekar (2GI18MBA07)
o Monika Patil (2GI18MBA25)
o Suchita Koujalagi (2GI18MBA51)
o Vinita Kadam (2GI18MBA58)
2018 -2020
1) BRIEF OVERVIEW OF THE COMPANY
SERVICES OFFERED
Talent acquisition
Talent management
Skill development
Examination assessment solution for educational purpose
(government public sector units)
Software development
INFRASTRUCTURE FACILITIES
COMPETITOR’S INFORMATION
SWOT ANALYSIS
STRENGTHS
I. Ability to respond quickly to changes in market and
technologies
II. Market orientation helps us understand the market and work
pro-actively.
III. A very strong team work makes a major effort to
acknowledge the working ability
IV. Adaptive to work environment
V. Provides complete range of services to the customers
WEAKNESS
I. No infrastructure in other cities which intend to be the major
drawback as various activities cannot be taken into force
easily.
II. As no infrastructure is owned for the conduct various
charges are been taken into consideration such a difference
in the financial effect as it renders costs.
OPPORTUNITIES
I. There are various companies which are mainly in need of
training and therefore, they provide infrastructure to the
company to conduct its tasks and activities.
II. Software engineering, quality and telecom and various other
opportunity areas are easily accessible.
III. As the company is service oriented it is an opportunity to the
company to exhibit the talent by rendering the required
services.
THREATS
I. The various different companies providing required
beneficiaries with the similar way of conduct and providing
similar service at a required cost inculcating in hindrance of
the company.
II. Challenges faced by the new equipped technology usage by
the competitors.
The following is the summary of the strategies that are adapted by the
company for the growth and profitability at different divisions, and
specific actions to achieve goals.
Adaptability to globalization
The HR professionals are expected and required to keep in tune with the
changing times, i.e. the changes taking place across the globe. HR
should maintain timeliness of the process.
Lack of motivation
Process analysis
The immediacy and speed of the recruitment process are the main
concerns of the HR in recruitment. The process should be flexible,
adaptive and responsive to the immediate requirements. The recruitment
process should also be cost effective.
Strategic prioritization
RECRUITMENT
INTERNAL
RECRUITMENT
EXTERNAL
RECRUITMENT
INTERNAL RECRUITMENT
Interior enlistment is the point at which the business hopes to fill
the opportunity from inside its current workforce. Outer enlistment
is the point at which the business hopes to fill the opportunity from
any reasonable candidate outside the business.
1. Present Employees:
Promotions and transfers from among the present employees can
be a good source of recruitment. Promotion implies upgrading of
an employee to a higher position carrying higher status, pay and
responsibilities. Promotion from among the present employees is
advantageous because the employees promoted are well
acquainted with the organisational culture, they get motivated, and
it is cheaper also. Promotion from among present employees also
reduces the requirement for job training. However, the
disadvantage lies in limiting the choice to a few people and
denying hiring of outsiders who may be better qualified and skilled.
Furthermore, promotion from among present employees also
results in inbreeding which creates frustration among those not
promoted. Transfer refers to shifting an employee from one job to
another without any change in the position/post, status and
responsibilities. The need for transfer is felt to provide employees a
broader and varied base which is considered necessary for
promotions. Job rotation, involves transfer of employees from one
job to another on the lateral basis.
2. Former Employees
Former employees are another source of applicants for vacancies
to be filled up in the organisation. Retired or retrenched employees
may be interested to come back to the company to work on a part-
time basis. Similarly, some former employees who left the
organisation for any reason may again be interested to come back
to work. This source has the advantage of hiring people whose
performance is already known to the organisation
3. Employee Referrals
This is yet another internal source of recruitment. The existing
employees refer their family members, friends and relatives to the
company as potential candidates for the vacancies to be filled up
in the organisation. This source serves as one of the most effective
methods of recruiting people in the organisation because
employees refer to those potential candidates who meet the
company requirements known to them from their own experience.
The referred individuals are expected to be similar in type in terms
of race and sex, for example, to those who are already working in
the organisation.
4. Previous Applicants
This is considered as internal source in the sense that applications
from the potential candidates are already lying with the
organisation. Sometimes, the organisations contact through mail or
messenger these applicants to fill up the vacancies particularly for
unskilled or semi- skilled jobs.
EXTERNAL RECRUITMENT
Outside enrollment is the appraisal of an accessible pool of
employment up-and-comers, other than existing staff, to check
whether there are any adequately gifted or qualified to fill and
perform existing occupation opening. It is the way toward looking
outside of the present worker pool to fill open situations in an
association.
1. Work Exchanges
The National Commission on Labor (1969) saw in its report that in
the pre-Independence period, the primary wellspring of work was
provincial regions encompassing the businesses. Following
Independence, National Employment Service was set up to bring
bosses and occupation searchers together.
2. Business Agencies
Notwithstanding the administration organizations, there are various
private business offices who register contender for work and outfit
a rundown of appropriate candidates from their information bank
as and when looked for by the forthcoming managers. ABC
Consultants, Datamatics, Ferguson Associates, S B Bilimoria, and
so forth are the prominent private business offices in our nation.
For the most part, these organizations select staff for supervisory
and higher levels. The fundamental capacity of these offices is to
welcome applications and short list the appropriate contender for
the association. Obviously, an official conclusion on determination
is taken by the agents of the association. Best case scenario, the
agents of the work offices may likewise sit on the board for definite
choice of the up-and-comers.
3. Promotion
Promotion is maybe the most generally utilized strategy for
producing numerous applications. This is on the grounds that its
scope is high. This technique for enrollment can be utilized for
occupations like administrative, specialized and administrative.
The higher the situation in the association, the more particular the
abilities or the shorter the inventory of that asset in the work
showcase, the more generally scattered the promotions is
probably going to be. For instance, the quest for a top official may
incorporate advertisements in a national day by day like 'The
Hindu'.
A few bosses/organizations promote their posts by giving a post
box number or the name of some enrolling office This is done to
especially keep possess personality mystery to maintain a
strategic distance from superfluous correspondence with the
candidates. Nonetheless, the disservice of this visually impaired
promotion, i.e., post box number is that the potential employment
searchers are reluctant to apply without knowing the picture of the
association, from one perspective, and the terrible picture/notoriety
that visually impaired advertisements have gotten in light of
associations that spot such commercials without positions lying
empty just to know the inventory of work/laborers in the work
showcase, on the other.
4. Proficient Associations
All the time, enlistment for certain expert and specialized positions
is made through expert affiliations likewise called ' talent scouts'.
Establishment of Engineers, Indian Medical Association, All Indian
Management Association, and so on., give arrangement
administrations to their individuals. For this, the expert affiliations
get ready either rundown of occupation searchers or distribute or
support diaries or magazines containing notices for their
individuals.
6. Assignment
Another wellspring of enlistment is nomination, i.e., sending a
worker to another association for a brief term of a few years. This
strategy for enlistment is rehearsed, in a pretty way, in the
Government Departments and open area associations. Nomination
is valuable since it gives prepared skill and the association doesn't
need to acquire the underlying expense of acceptance and
preparing.
7. Informal
A few associations in India likewise practice the 'verbal' technique
for enrollment. In this strategy, the word is passed around the
potential opportunities or openings in the association. Another type
of informal technique for enlistment is "worker squeezing" i.e., the
representatives working in another association are offered an
alluring idea by the adversary associations. This strategy is
monetary, both as far as time and cash.
8. Striking or Poaching
Striking or poaching is another technique for enrollment whereby
the opponent firms by offering better terms and conditions, attempt
to draw in qualified workers to go along with them. This striking is a
typical element in the Indian associations.
RECRUITMENT PROCESS
EVALUATION AND RECRUITMENT
CONTROL PLANNING
STRATEGY
SCREENING DEVELOPMENT
SEARCHING
STEP 3 – SEARCHING
It sources the candidates with ability and also attitude for achieving
the objectives of an organization. It is the process of identifying job
vacancies, analysing the job requirements.
STEP 4 – SCREENING
Internal factors
I. Size of the organization
II. Image of the organization
III. Past practice
IV. Human resource planning or indeed the manpower planning
V. Personnel to be required
5) EMPLOYEE WELFARE MECHANISMS OF THE COMPANY
The purpose of employee's welfare is to develop personality of the
workers to make a better workforce. Welfare schemes it create
efficient, healthy, loyal and satisfied labour force for the
organization. Providing such facilities make their work life better
and leads to good standard of living