Campus Recruitment: A Necessary Evil For
Campus Recruitment: A Necessary Evil For
Campus Recruitment: A Necessary Evil For
Necessary Evil
For
Every Organization
Submitted by
SUPRIYA GUPTA
Roll No.-31
It started with a dream…….
Bharat Desai (Founder, Chairman & CEO
Syntel Inc)
GOING GLOBAL :
• In 1992, when most IT services firms were focused on delivering on-site services,
Syntel was busy launching its first Global Development Center in Mumbai, India.
Working closely with its customer, American International Group (AIG), Syntel
became the first U.S.-based IT services company to launch a global delivery concept.
By leveraging the outstanding pool of technology talent, a 12-hour time zone
variance, and economies of scale, Syntel became the first firm to run an around-the-
clock IT project approach.
A Public Appearance:
In 1997, Syntel launched its initial public offering (IPO) with the sale of 3.45 million
shares of stock, trading on NASDAQ under the symbol SYNT. All Syntel employees
at the time became shareholders, and the company began life in the public eye.
Company and Investor Basics
Overview Syntel helps its Global 2000 customers remain at the forefront of their
industries with innovative uses of technology to operate their
businesses more efficiently. We deliver flexible, custom Information
Technology and Business Process outsourcing solutions through vertical
practices and a Global Delivery Service that improve quality and reduce
costs.
Year 1980
founde
d
Chairman Bharat Desai
/CEO
Number 6,600+
of
emplo
yees
Number 27 worldwide
of
offices
Global Troy, Michigan, USA
headq
uarter
s
Mailing 525 E. Big Beaver
addres Third Floor
s Troy, MI 48083
Revenues $226.2 million (FY 2005)
$64.4 million (2Q 2006)
Simple
Synergy Smart
Stake
Holders
Stretch Speed
Values Definitions
• SIMPLE: Complex problems often have simple
solutions. Aim for solutions which can be readily
understood and executed effectively.
• SMART: Bright, creative and proactive. Smart people
and innovative ideas stand out.
• SPEED: Demonstrate responsiveness; act faster with
flexibility, keeping quality and cost in mind.
• STRETCH: Rise beyond expectation. Keep raising the
bar and always aim for excellence.
• SYNERGY: The sum is greater than the parts. Solve
the problem as a whole, not in isolation.
Syntel Customers in various
domains
• BANKING AND FINANCIAL SERVICES:
• First Data
• JP Morgan
• Moody’s
• INSURANCE:
• AFLAC
• Allstate
• American International Group (AIG)
• CAN
• HEALTH CARE:
• HAP
• HCA
• Humana
• McKesson
• WellPoint
Customers contd….
• RETAIL:
• Borders Group
• Target Corporation
• AUTOMATIVE:
• DaimlerChrysler Corporation
• Ford Motor Company
• General Motors
• OTHER CUSTOMERS:
• FedEx
• Pacifcorp
• Tektronix
RECRUITMENT
Definition:
Responsive- Enduring
ness Talented Top Culture
Nurturing Transparency
Environment
• If company intends to follow the same procedure, then to make it more effective
following steps can be followed:
– Students should be given one month prior information of the campus recruitment
drive.
– Company should provide them with the syllabus & pattern of the test so that
students appear with full preparation.
– Students should be free at the time of campus i.e no University examination
should be there, at least there should be gap of 20-days.
Changes regarding the selection process:
Some other rounds should also be included in the selection process.
• 3)Make general calls once in 3-months to help them in solving their queries.
• 4)Send some company magazine to their college or can get some material published in their
college magazine regularly, this will not only help company to keep in touch with selected students
but also help in generating interest among the juniors students who can be later be recruited from
the college.
• 5) There is one more way in which company. can remain connected with the selected students.
They can ask the colleges to dedicate one notice board to Syntel, which will contain all happenings
& achievements of the company. Also company can give shirts & caps to the selected students
,this will incur a sense of belongingness among the students and also help in building loyalty
towards the company. This wonderful idea was given by Mr Vasant Kudva(Head of GRC
Recruitment).I think it should be implemented as soon as possible. One should always try to
become leader & not just the follower in this competitive world.
• These all small efforts will not only help the company to incur sense of belongingness among the
students but also help in building Company Image (Branding)
PLANNING
– Everything should be planned in advance like:
• Number of batches joining in a year.
• Number of candidates per batch.
• Which streams to be joined first?
Training department has fair idea in advance regarding the
requirement of the company in the following year.
• Candidates should be informed 1-month or 15 days in advance
about their joining
• In case of emergency joining, company should provide them
compensation & accommodation.
• (Company should provide accommodation for at least 15 days to all
candidates, or can make arrangements for their accommodation.)
This year the process followed was not planned at all..
Problems regarding Batch Formation
The candidates are selected for a batch randomly i.e one from one college & other from other.
• Defining attrition: "A reduction in the number of employees through retirement, resignation or
death"
•
Defining Attrition rate: "The rate of shrinkage in size or number"
The IT enabled services industry is being looked upon as the next big employment generator
(Nasscom predicts 1.1 million job requirement by the year 2008). It is however no easy task for
an HR manager in this sector to bridge the ever increasing demand and supply gap of
professionals.
Costs Due to a
Person Leaving:
Recruitment Costs
Training Costs:
Lost Productivity Costs:
New Hire Costs
Lost Sales Costs
Conclusion: It is clear that there are massive costs associated with attrition or turnover
SUGGESTIONS REGARDING EMPLOYEES
One thing I observed during my training period was that the attrition rate is very high in SYNTEL
• The answer lies in one of the largest studies undertaken by the Galliup
Organization. The study surveyed over a million employees and 80,000
managers and was published in a book called First Break All The
Rules.
Bottom line is –
“A lunch and learn program will give you better
trained employees who are more motivated.”
THANK YOU