Internship Project
Internship Project
A PROJECT REPORT ON
‘’HUMAN RESOURCES MANAGEMENT AND HRM SYSTEM
SOFTWARE OF
GOODHILL LTD’’
OF
BANGALORE UNIVERSITY
Submitted
BY
WAYU POETRA
Reg. No. 17QTCMD060
Under the guidance of
Prof.RABINA
Assistant Professor
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AVK INSTITUTE OF MANAGEMENT
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“ A Study On Human Resources Management and HRM System Software of Goodhill LTD”
DECLARATION
USAGE OF HRMS SOFTWARE AT GOODHILL Ltd.”Is the result of the project work
carried out by me under the guidance of Prof. Rabina in partial fulfillment for the award of
MASTER OF BUSINESS ADMINISTRATION by Bangalore University.
I also declare that this project is the outcome of my own efforts and that it has not been
submitted by any other University or Institute for the award of any degree or Diploma or
Certificate.
3
4
“ A Study On Human Resources Management and HRM System Software of Goodhill LTD”
COLLEGE CERTIFICATE
CERTIFICATE OF ORIGINALITY
Date:
AVK INSTITUTE OF MANAGEMENT
6
“ A Study On Human Resources Management and HRM System Software of Goodhill LTD”
BANGALORE UNIVERSITY
The dissertation report has been checked using TURNITION anti-plagiarism software
(Attached first page of the originality report as ANNEXURE) and found within limits as
plagiarism Policy and Instructions issued by the University/CBSMS.
We have verified the contents of the dissertation report, as summarized above and certified
that the statements made above are true to the best of our knowledge and belief.
7
“ A Study On Human Resources Management and HRM System Software of Goodhill LTD”
ACKNOWLEDGEMENT
I would like to express my sincere gratitude to all those who have been instrumental in the
presentation of this project report. I would like to thank god without whom this project would
have not been a success.
I would like to express my sincere gratitude thanks to Dr. K.V. RAMANATHAN Director
and professor department of MBA ADARSHA VIDYA KENDRA INSTITUTE OF
MANAGEMENT, for giving me the opportunity to do project work.
I sincerely thank him for sparing his valuable time and guiding me with all the necessary
information and co-operation essential for the completion of the project.
I also thanks to my friend Ashish Mishra for his help in completing this project. A special
thanks to my family members for giving me their continuous support and encouragement
throughout my study and in every Aspect of completing my course.
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INDEX
No DESCRIPTION PG.NO
1 INTRODUCTION 11
HRM & HRM
SYSTEM(SOFTWARE)
2 LITERATURE SURVEY AND 37
RESEARCH DESIGN
3 COMPANY PROFILE 38
VISION & MISSION
VALUES
PRODUCTS & SERVICES
4 HRM SOFTWARE &E-HRM 43
THE EMERGENCE
WEB BASED
MOBILE
DEVELOPMENT
RECRUITMENT &
SELECTION
5 CHAPTER 5 : HRM OF 70
GOODHILL LTD
6 CHAPTER 6 : DATA 77
ANALYSIS (SWOT
ANALYSIS)
7 SUMMARY AND 80
SUGGESTIONS
FINDINGS
RECOMMENDATION
CONCLUSION
8 CHAPTER 8 : 82
QUESTIONNAIRE
9 CHAPTER 9 : REFERENCE & 96
BIBLIOGRAPHY
9
LIST OF TABLES
N Description Page No
o
1 FRAMEWORK FOR HUMAN RESOURCES 14
MANAGEMENT
2 MODEL OF DIVERSITY 20
5 SELECTION PROCESS 59
10
LIST OF GRAPHS
N Description Page No
o
1 AUTOMATION OF TALENT MANAGEMENT 17
FUNCTIONS
5 LOGIN 48
6 E-HRM ACTIVITIES 54
7 SELECTION PROCESS 59
8 RECRUITMENT PROCESS 60
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INTRODUCTION OF HUMAN RESOURCES MANAGEMENT
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HR is a product of the human relations movement of the early 20th century,
when researchers began documenting ways of creating business value
through the strategic management of the workforce.[citation needed] It was
initially dominated by transactional work, such as payroll and benefits
administration, but due to globalization, company consolidation,
technological advances, and further research, HR as of 2015 focuses on
strategic initiatives like mergers and acquisitions, talent management,
succession planning, industrial and labor relations, and diversity and
inclusion. In the current global work environment, most companies focus on
lowering employee turnover and on retaining the talent and knowledge held
by their workforce.[citation needed] New hiring not only entails a high cost
but also increases the risk of a newcomer not being able to replace the
person who worked in a position before. HR departments strive to offer
benefits that will appeal to workers, thus reducing the risk of losing
corporate knowledge.
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Human Resource Information Systems provide a means of acquiring,
storing, analyzing and distributing information to various stakeholders.
14
FRAMEWORK FOR HUMAN RESOURCES MANAGEMENT
16
Information technology has, of course ,changed the face of HRM , perhaps
the most central use of technology in HRM is an organizations to
determined to improve productivity and lower costs are finding HR a good
place to start because HR affects the entire workforce everyone who works
for the company must be hired ,trained and paid,usually through HR the
impact of HRIS has been dramatic it has become a potent weapon for
lowering administrative burdens,reducing costs, and improving decision
making and service to managers and employees.
The most obvious impact has been operational that is, automating routine
activities, alleviating administrative burdens, reducing costs, and improving
productivity internal to HR function itself. The most frequent uses include
automating payroll processing ,maintaining employee records, and
administrative benefits programs. One of big trends in recent years has been
towards HRIS “self service” setting up system,usually on intranet ,to allow
managers to access employee’s record themselves for administrative purpose
and to allow employees to access and change their own benefits and other
personal information.HR system was redesigned to enable line managers and
employees to enter ,retrieve,and edit data in order to make best decision
faster. This has helped alleviate many of the paper burdens HR group
previously faced and offered greater convenience to both managers and their
employees.
Today however ,software applications are available to automate more at HR
activities than just payroll ,records ,and benefits information. All sorts of
routine HR activities from front to back ,have seen some sort of automation,
companies are now using software to recruit ,screen c and pretest applicants
online before hiring them as well to train,track and promote employees once
they have been hired. For examples staffing management system supports
the hiring process by tracking applicants information,scanning resumes,and
making the information immediately accessible to line managers so they can
search systematically for the people whose skills they want. Managers can
search online for internal and external talent by running searches of
candidates who have been categorized by skill set.
So the system should HR profesionals choose from the among the many
options available to them? Experts say the first step in choosing a HRIS is
for HR personnel to evaluate the biggest “headaches” they experience or
most time consuming tasks, and then choose the applications that can have
the strongest impact on the firms financial measures that is the ones that get
the bigggest bang for the buck. Managers should then calculate the costs
based on average salaries, or HR hours ,that could be saved by using a
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human resources information system, along with the hours of increased
productivity that would occur the result.
Competency
Performance
Compensation
Recruiting
Learning
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Availability of technical support. Should the HRIS system be
supported internally or should the vendor host it ? what are the
vendor’s technical support capabilities?
Time required to implement and train staff members to use the HRIS,
including HR and payroll personnel,managers and employees. Who is
responsible for training employees and how it will be done?
Initial costs and annual maintenance costs. Is a suite of applications
needed or just a few key applications?experts advise HR managers to
price each applications separately and then ask vendors for a
“bundled” price
DEMOGRAPHIC CHANGES
Changing demographics the coming decade will bring a more diverse and
agin workforce to developed countries such as the U.S, this has major
implications for all aspects of HRM because it alters traditional experience
and expectations regarding the labor pool.among the issues in this area are:
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Globalization
Shrinking pool of skilled entry level workers
Rising health care cost for employees
Outsourcing ,offshoring,and the use of temporary and part time
employees
Diversity stages
Social security and retirement issues
Continual skills development and retraining
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MODEL OF DIVERSITY
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HUMAN RESOURCES COMPETENCY MODEL
BUSINESS MASTERY
Customer orientantion
External relations
CHANGE MASTERY
Interpersonal skills and influence
Problem solving skills
Reward system
Innovativeness and creativity
HR MASTERY
Staffing
Performance appraisal
Reward system
Communication
Organization design
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SHRM CODE OF ETHICAL AND PROFESSIONAL STANDARDS
Use of information
Core principle
Intent
To build trust among all organization constituents by maximizing the open
exchange of information,while eliminating anxieties about inappropriate and
or inaccurate acquisition and sharing information.
Guidelines
1. Acquire and disseminate information through ethical and responsible
means
2. Ensure only appropriate information is used in decisions affecting the
employment relationship.
3. Investigate the accuracy and source of information before allowing it
to be used in employment related decisions.
4. Maintain current and accurate HR information.
5. Safeguard restricted or confidential information
6. Take appropriate steps to ensure the accuracyand completeness of all
communicated information about HR policies and practices.
7. Take appropriate steps to ensure the accuracy and completeness of all
communicated information used in HR related training
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Functions of HR
By doing all these functions Human resource management complete its job.
World Wide Web. The source that is used should reflect the local labor
market, the type or level of position, and the size of the organization. Now
the second step of Staffing, that is Strategic HR planning. For that a
company plans strategically. They set goals and objectives, these goals and
objectives may lead to the structural changes in the company. Third step is
Selection. This process is attracting qualified applicators and discouraging
the unqualified applicants. By this a company can get its desired employees
of requirement. It has dual focus, attempting thin out the large set of
applications that arrived during the recruiting phase and to select an
applicant who will be successful on the job. To achieve this goal, companies
can use a variety of steps. The employees who are able to do all the steps
and ensure good performance they get the job. HRM must communicate a
variety of information to the applicants, such as the organization culture.
Under the selection process there are some steps,
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The company can use these steps to select the employees. With this process
their Staffing job is done. The completed selection process ends the staffing
functions.
One point should be noted in this regard that most of the Asian and African
countries are still dominated by local/kirana/unorganized shops. Likewise, in
India, we have over 12 million ‘kirana’ stores. All the employees of that
shop report to him or her. Be it strategic decision or day-to-day operations of
the establishment are taken by the proprietor. All issues related to
recruitment, selection, promotion, training & development, hiring, firing and
so on depend upon the proprietor’s sole discretion.
Actual need for HRM is felt by big retailers like Big Bazaar, Reliance Mart,
Pantaloons, Shopper’s Stop, etc. Further, the number of functional areas also
varies from company to company according to nature, size and merchandise
offering.
Following are the common human resource functions, any typical retail
organization will be having:
ADVERTISEMENTS:
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3. Employees’ training and development
4. Performance management
6. Labor relations
7. Managerial relations
These seven human resource areas and their associated functions share the
common objectives of an adequate number of competent employees with the
abilities, experience, knowledge and skills required for fulfilling
organizational goals. Though a human resource function can be assigned to
one of the seven areas of human responsibility, some functions serve a
variety of objectives. For example, performance management besides
motivating the retail employees leads to employees’ development as well as
compensation and benefits. Similarly, compensation and benefits function
facilitates retention, training and development and also serves to have
cordial labor and managerial relations.
ADVERTISEMENTS:
26
In the words of Edwin B. Flippo, “Job analysis is the process of studying
and collecting information relating to the operations and responsibilities of a
specific job”.
The process provides information about what the job involves and what
human features are essential to carry out these activities. This information
becomes vital to decide what sort of people to recruit and hire. The data
derived from job analysis process is beneficial for estimating the value and
appropriate compensation for each job.
The reason behind this is the belief and practice that compensation generally
depends on the job’s required skill and education level, safety hazards,
degree of responsibility, and so on all these factors that are assessed through
job analysis. This ultimately provides the base for determining the relative
worth of each job so that each job should be properly classified.
COLLECTION OF FACTURIAL
STEP 1 MATERIALS
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PREPARATIONS OF JOB
SPEFICATION
STEP 3
PREPARATION OF REPORT
STEP 4
APPROVAL OF REPORT
STEP 5
The first step of job analysis process includes collecting factual information
relating to the job.
(d) By interviews
(a) Belonging to the job environment, i.e. its physical environment such as
use of computers, sitting arrangements, comforts, lighting, restrictions etc;
its financial obligations (salary, bonus, commission, DA, TA, fringe benefits,
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incentive schemes etc); its social environment (whether job is individual or
in groups, shifts, working hours, team work).
This report indicates various activities to be performed by the retail staff and
expectations from them. It is prepared by the job analyst on the basis of
information collected. The report is then submitted to the HR department for
its suggestions and amendments.
(v) Approval:
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The report submitted by the analyst and reviewed by the HR department
may now be revised by the top executives for:
Note:
In actual, it is the prime duty of the retail store manager to prepare the job
design since he/she is responsible for conducting day-to-day activities of the
store and also the reason for retail success. But it has been seen that in most
of the cases, job design is drafted by the HR department may be in
consultation with the store manager.
(i) Recruitment,
Recruitment defined:
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According to Edwin Flippo, “Recruitment is the process of searching for
prospective employees and stimulating them to apply for the jobs in the
organization”.
Selection defined:
Selection is the process by which qualified and suitable store employees are
selected and placed on the jobs according to their capabilities and
organization’s requirements. Thus, it is a tool in the hands of the
management to differentiate the suitable and unsuitable applicants by
applying various techniques such as group discussions, personal interviews,
game tests etc.
For example, in a retail company, when they are looking for entry level sales
personnel, they tend to reply on educational institutions, advertisements and
employee recommendations. Moreover, when a retail company is looking
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for middle-management positions, they are likely to use employment
agencies, competitors, advertisements and current employees. The
recruitment process can be very costly. It takes a great deal of time to set up
an effective recruitment process.
Therefore, the company has to carry this job out in a systematic way. For
instance, selection procedure for store accountants, store supervisors, store
managers will be long drawn and rigorous as compared to those applicants
who apply for floor staff position. The various steps in the selection of
desirable employee in the organization should be decided by the top
management.
Note: The applicants are screened out at each step of selection process and
those who are found suitable and fit for the job, ultimately are selected. At
any stage, any unfavorable criteria like unfavorable test scores or physically
unfit will simply lead to rejection of employees.
Following are the commonly used steps involved in the selection of retail
employees:
RECEIPT OF APPLICATIONS PROCESS
EMPLOYMENT TEST
SELECTION INTERVIEW
REFERENCE TEXT
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FINAL APPONTMENT
After selecting the most suitable and eligible candidates in the organization,
the next step of HR department are to arrange for their training. All types of
jobs require some type of training for their efficient performance and
therefore, all employees, new or old should be trained or re-trained from
time to time.
Further, the way new and new retail formats are emerging, new
developments are taking place throughout the globe, it becomes imperative
for any retail organization to systematically plan for the training program
aiming at increasing the knowledge, skills, abilities and aptitude of
employees to perform the new competitive tasks.
4. Performance Management:
After selected, training and motivation, the next task, a HR manager has to
perform is to evaluate the personality and performance of each employee by
quantitative factors (such as targets achieved). In actual, with the help of
performance management, the management through HR department would
like to find out how effective it has been hiring and placing employees.
Performance management allows retailers gain access to the reliable, timely
information that drives better decisions.
(ii) Selecting right employees at right jobs with right selection process.
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(iii) To negotiate requirements and accomplishment based performance
standards, outcomes and measures as and when required.
(ix) To assist with exit interviews to understand why loyal employees leave
the organization.
The main objective of such compensation and benefits are to control the
costs, to establish a fair and equitable remuneration to all, to utilize the
compensation and benefits device as an incentive for greater employee
productivity and to establish a satisfactory public image.
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6. Labor Relations:
7. Managerial Relations:
Labour relations describe the price for a particular shift (a set of number of
hours) but managerial relations determine how much work is performed in
that time, at what specific task or tasks, who has the right to define the tasks
and change a particular mix of tasks and what penalties will be deployed for
any failure to meet these obligations (Clegg 1979:1).
STATE
RELATIONSHIP
EMPLOYER EMPLOYEE
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REPRESENT
Recruiting Transformed
Before the internet and email, connecting with job seekers meant phone, face
time or a letter. In the 21st century, it's routine for companies to post
openings online, and require job seekers to apply through an online applicant
tracking system. That frees up a great deal of time that HR would have spent
dealing with paper resumes or personal calls.
However, HR practices don't always take into account how well the system
works for the candidates. Online forms have a standardized format that often
makes it hard to tell a star performer from a slacker. A badly designed
system with confusing instructions and slow response times can actually turn
job seekers off to applying with a firm.
Ease of Communication
With email, text and messaging apps it's easier than ever for HR staff to stay
in touch with the rest of the company. If a manager wants to share a new
schedule with a project team, one email with an attachment or a conversation
on Slack can share the word with a dozen people at once. There's a risk of
relying too much on tech as a time-saver though. Information in a two-page
email may be better off delivered to the group face to face. That way
everyone can ask questions and hear the answers.
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Data Analysis
Another risk is that the HR department can end up getting more data than it
can manage. After a certain point, wading through data to pick out the
relevant material becomes an impossible task. It's also possible that HR will
misread data or make assumptions that a face-to-face conversation could
clear up.
Security Practices
Securing employee records used to mean locking a file cabinet. In the 21st
century, best HR practices have to include security for the digital data. Some
security is more an IT matter, such as a good firewall. HR needs to have
good policies in place, though, governing who can access confidential data,
both hard copy and in electronic form.
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RESEARCH DESIGN & LITERATURE REVIEW
The research design will be used in this study in both “Descriptive” and
“exploratory”
SAMPLE
A sample is a group of people, objects ,or items that are taken from a larger
population for measurement. The sample should be representative of the
population to ensure that we can generalize the findings from the research
sample to the population as a whole.
DATA COLLECTION
Primary data
Most of the information will be gathered through primary sources.the
methods that will be used to collect primary data are :
*interview
Secondary data
The secondary data will be collected through :
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*text books
*magazines
*journals
*websites
COMPANY PROFILE
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of brands, deepening our distribution networks and improving our
operational capabilities. Through focusing on understanding and meeting
Cambodia consumers’ needs, we will con tinue to build on our past efforts
and achievements to bring Goodhill to greater heights in the years to come
Company Vision
Company Mission
Corporate Values
”GOODHILL CARES‘‘ represent what we stand for and are core values
which inspire and lead us in our journey to achieve our Vision and Mission.
I. Commitment
II. Accountability
We act with Integrity and are Accountable for our behaviors, actions, and
results.
III. Respect
V. Success Driven
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PRODUCTS OFFERED BY GOODHILL LTD
Automotive care
Confectionery, beverage , dairy (CBD)
Consumer
Lighting & electrical
Office automation
Paper & stationery
Include gathering information about the market, key accounts, company and
business partners’ priorities and competitor activities, to identify and
develop new business opportunities.
Having local presence and constantly tuning to the market pulse, we have a
clear grasp of the consumer needs, behaviour, and trends which enable us to
formulate and implement effective and appropriate strategies and solutions
for the marketplace.
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We have experience handling a wide array of cargo. We understand the
formalities of import licensing and customs documentation for all types of
cargo, facilitating smooth customs clearance.
Warehousing:
We are a trusted strategic partner for our consumers and business partners.
Consumers are assured of quality products from international leading brands
that have been trusted by many across the globe, serviced by an established
company who have an intimate knowledge of local tastes and the
requirements of our customers on the ground.
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HUMAN RESOURCE SOFTWARE
44
time spend in to company, which can be used for performance appraisal.
Based on that transfer, removal, promotion can be done.
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OVERVIEW OF HRM SYSTEM
HDMS
EMPLOYEE DETAILS
PAYROLL
PERFORMANCE
TRAINING
RESIGNATION
RESUME TRACKING
Employee Details
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existing employee. When a new employee is selected from the resume
tracking, all the details are to be entered and maintained in the database.
1. Personal Information
2. Contact Information
3. Employee Status
In the personal information, it consists of the information about the
employee name, employee id,
nationality, etc.
In the contact information, it consists of the information about the employee
address, phone numbers, etc,
In the employee status, it consists of the information about the status of the
employee, supervisor name, department, etc.
PAYROLL
In the payroll module, it consists of the information about the employee
salary details such as basic
pay, allowances, deductions and calculate the gross pay and net pay from the
given allowances and deductions.
TRAINING
In this training module, it consists of the employees’ schedule about the
training conducted in the
organization for the employee. The employees’ previous training experience
will be maintained in the
database
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PERFORMANCE
Leave Management
Resignation
This module contains the information about the ex
employees who have worked for the organization.
The information is such as department, position, their supervisor, current
contact information, joining date and resigning date.
These information are used to contact the ex-employees in case of
emergency in which project they have already involved.
RESUME TRACKING
This module contains the information about the applicants such as their
Curriculum, their contact
information, their work experience, area of specialization and area of
interest.
Resume Tracking
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The applicant has the facility of registering their resume through online and
their details are stored in the organizations database. If the applicant’s details
suit the organizations requirement then they can be called for next step.
Tables
LOGIN
Input Key
The goal of input key is to input data as accurately as possible. Here inputs
are designed effectively so that the error made by operation is minimized.
The input to the system has been designed and coordination in such way that
their format is similar in all forms. Forms are designed in such way that
relevant information is grouped together, and they are placed on a single
frame, to access easily. At the time of data entry, the verification and
validation of the data were done.
Input key is the most part of the overall system design, which requires very
careful attention. Often the collection of the input data is most expensive
part of the system. Many errors may occur during the phase of the design.
So, to make the system study, the inputs given by the user is strictly
validated before making a manipulation with it.
Output Key
The output key is another very important phase. The outputs are mainly used
to communicate with the
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user, processing the input data given by the user. It is documented in each
stage of the project to ensure free
output. The output screens are designed in very simple and easy to
understand format. The quality, urgency and the frequency of outputs should
be taken into consideration. All user option is presented in well
forms. The quality refers to the way by which the output is presented to the
user. The reports can be used for day today functioning of the business as
well as management information.
The reports, if generated with the specific report criteria and in a timely
manner, help in operational efficiency,
detecting and minimizing of errors as well
as provide the pointers towards control weakeness.
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THE EMERGENCE
The first ERP system which integrated HR functions was SAP R/2 (later to
be replaced by R/3 and S/4hana), introduced in 1979. This system gave users
the possibility to combine corporate data in real time, and regulate processes
from a single mainframe environment. Many of today’s popular HR systems
still offer considerable ERP and payroll functionality.
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web-based portals to access their employees’ performance, and track
accomplishments regardless of their location.
In 2014, companies used the benefits from the cloud hosting milestone to
transfer HR functionality on mobile devices. Ever since popular vendors
have been releasing special Android and iPad/iPhone applications to meet
the needs of all teams and businesses.
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E-HRM
53
Types
54
creates standardization, and with standardized procedures this can ensure
that an organization remains compliant with HR requirements, thus also
ensuring more precise decision-making.
E-PERFORMANCE
E-SELECTION MANAGEMENT
E-HRM ACTIVITIES
E-LEARNING
E-RECRUITMENT
E-COMPENSATION
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DEVELOPMENT
Retaining
Hiring
Onboarding
Administration
Managing Payroll
HR planning
Recruiting/Learning management
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Performance management
Employee self-service
Scheduling
Absence management
Analytics
Employee Reassign module
Grievance handling by following precedents
The time and attendance module gathers standardized time and work related
efforts. The most advanced modules provide broad flexibility in data
collection methods, labor distribution capabilities and data analysis features.
Cost analysis and efficiency metrics are the primary functions.
57
Online recruiting has become one of the primary methods employed by HR
departments to garner potential candidates for available positions within an
organization. Talent management systems, or recruitment modules, offer an
integrated hiring solution for HRMS which typically encompass:
58
Many organizations have gone beyond the traditional functions and
developed human resource management information systems, which support
recruitment, selection, hiring, job placement, performance appraisals,
employee benefit analysis, health, safety, and security, while others integrate
an outsourced applicant tracking system that encompasses a subset of the
above.
The Staff Training Module enables organizations the ability to enter, track
and manage employee and staff training. Each type of activity can be
recorded together with the additional data. The performance of each
employee or staff member is then stored and can be accessed via the
Analytics module.
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needing individuals who posses specific skills, knowledge and abilities to
specify the job. Employee referrals can produce the best applicants for two
reasons. First, current employees screen applicants before referring them.
Second, current employees believe that their reputations with the firm will
be reflected in the candidates that they recommend. Recruiting is the initial
step of staffing. Recruiting is the process of locating, identifying, and
attracting capable employees. Many companies are finding new employees
on the
World Wide Web. The source that is used should reflect the local labor
market, the type or level of position, and the size of the organization. Now
the second step of Staffing, that is Strategic HR planning. For that a
company plans strategically. They set goals and objectives, these goals and
objectives may lead to the structural changes in the company. Third step is
Selection. This process is attracting qualified applicators and discouraging
the unqualified applicants. By this a company can get its desired employees
of requirement. It has dual focus, attempting thin out the large set of
applications that arrived during the recruiting phase and to select an
applicant who will be successful on the job. To achieve this goal, companies
can use a variety of steps. The employees who are able to do all the steps
and ensure good performance they get the job. HRM must communicate a
variety of information to the applicants, such as the organization culture.
Under the selection process there are some steps:
INITIAL SCREENING
COMPLETED
APPLICATION
EMPLOYMENT TEST
COMPREHENSIVE
CONDITIONAL JOB
INTERVIEW OFFER
BACKGROUND
EXAMINATION
REJECT MEDICAL EXAMINATION
APPLICATION
PERMANENT JOB OFFER
The company can use these steps to
REJECT select the employees. With this process their Staffing job is done. The
APPLICATION completed selection process ends the staffing functions.
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RECRUITMENT IN HRM
RECRUITMENT PROCESS
Recruitment planning
Strategy development
Searching
Screening
Evaluation control
Here, the recruitment committee decides on the number and the type of
applicants to be contacted. The aim of any organization is to attract more
candidates as some of them might not be willing to join, or some might not
qualify for the job position. So the company has a sufficient number of
candidates to choose amongst them. The type of candidates required for the
job is well specified in terms of the task and responsibilities involved in a
job along with the qualification and experience expected.
61
Strategy Development: Once the comprehensive job draft is prepared, and
the type and the number of recruits required are decided upon; the next step
is to decide a strategy that is adopted while recruiting the prospective
candidates in the organization. The following strategic considerations should
be kept in mind:
Make or Buy Employees, which means the firm either decides to select
less skilled employees and invest in training and education programmes or
hire skilled professionals.
Methods of Recruitment, the firm decide on the methods used for
recruiting the individuals. Such as the internet provides detailed information
about the prospective candidates and helps in shortlisting the best-qualified
individuals.
Geographical Area, the next decision is related to the area from where the
candidates shall be searched. The firm looks for those areas where the
handful amount of qualified employees is concentrated, with a view to
curtailing a search cost.
Sources of Recruitment, there are two sources of recruitment: Internal
source (within the organization), external source (outside the organization).
The firm must decide the source from where the candidates are hired.
Searching: Once the strategy is prepared the search for the candidates can
be initialized. It includes two steps: source activation and selling. The source
activation means, the search for the candidate activates on the employee
requisition i.e. until and unless the line manager verifies that the vacancy
exists, the search process cannot be initiated.
The next point to be considered is selling, which means the firm must
judiciously select that media of communication that successfully conveys
the employment information to the prospective candidates.
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Evaluation and Control: Evaluation and control is the last stage in the
recruitment process wherein the validity and effectiveness of the process and
the methods used therein is assessed. This stage is crucial because the firm
has to check the output in terms of the cost incurred.
SOURCES OF RECRUITMENT
The searching of suitable candidates and informing them about the openings
in the enterprise is the most important aspect of recruitment process.
ADVERTISEMENTS:
Source of Reruitmennt
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ADVERTISEMENTS:
1. Transfers:
Transfer involves shifting of persons from present jobs to other similar jobs.
These do not involve any change in rank, responsibility or prestige. The
numbers of persons do not increase with transfers.
2. Promotions:
A person going to get a higher position will vacate his present position.
Promotion will motivate employees to improve their performance so that
they can also get promotion.
3. Present Employees:
ADVERTISEMENTS:
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The Following are The Advantages of Internal Sources:
1. Improves morale:
When an employee from inside the organisation is given the higher post, it
helps in increasing the morale of all employees. Generally every employee
expects promotion to a higher post carrying more status and pay (if he
fulfills the other requirements).
2. No Error in Selection:
3. Promotes Loyalty:
4. No Hasty Decision:
The existing employees are fully aware of the operating procedures and
policies of the organisation. The existing employees require little training
and it brings economy in training costs.
6. Self-Development:
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(ii) It is possible that the requisite number of persons possessing
qualifications for the vacant posts may not be available in the organisation.
(iii) For posts requiring innovations and creative thinking, this method of
recruitment cannot be followed.
(iv) If only seniority is the criterion for promotion, then the person filling the
vacant post may not be really capable.
1. Advertisement:
2. Employment Exchanges:
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seekers and job-givers are brought into contact by the employment
exchanges.
The present employees know both the company and the candidate being
recommended. Hence some companies encourage their existing employees
to assist them in getting applications from persons who are known to them.
5. Factory Gates:
Certain workers present themselves at the factory gate every day for
employment. This method of recruitment is very popular in India for
unskilled or semi-skilled labour. The desirable candidates are selected by the
first line supervisors. The major disadvantage of this system is that the
person selected may not be suitable for the vacancy.
6. Casual Callers:
Those personnel who casually come to the company for employment may
also be considered for the vacant post. It is most economical method of
recruitment. In the advanced countries, this method of recruitment is very
popular.
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A file of past applicants who were not selected earlier may be maintained. In
order to keep the file alive, applications in the files must be checked at
periodical intervals.
8. Labour Unions:
9. Labour Contractors:
This method of recruitment is still prevalent in India for hiring unskilled and
semi-skilled workers in brick klin industry. The contractors keep themselves
in touch with the labour and bring the workers at the places where they are
required. They get commission for the number of persons supplied by them.
In case employees have been laid off or have left the factory at their own,
they may be taken back if they are interested in joining the concern
(provided their record is good).
Apart from these major sources of external recruitment, there are certain
other sources which are exploited by companies from time to time. These
include special lectures delivered by recruiter in different institutions,
though apparently these lectures do not pertain to recruitment directly.
Then there are video films which are sent to various concerns and
institutions so as to show the history and development of the company.
These films present the story of company to various audiences, thus creating
interest in them.
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Various firms organise trade shows which attract many prospective
employees. Many a time advertisements may be made for a special class of
work force (say married ladies) who worked prior to their marriage.
These ladies can also prove to be very good source of work force. Similarly
there is the labour market consisting of physically handicapped. Visits to
other companies also help in finding new sources of recruitment.
Merits of External Sources:
Internal sources, sometimes, may not be able to supply suitable persons from
within. External sources do give a wide choice to the management. A large
number of applicants may be willing to join the organisation. They will also
be suitable as per the requirements of skill, training and education.
The selection of persons from outside sources will have the benefit of new
ideas. The persons having experience in other concerns will be able to
suggest new things and methods. This will keep the organisation in a
competitive position.
3. Economical:
1. Demoralisation:
When new persons from outside join the organisation then present
employees feel demoralised because these positions should have gone to
them. There can be a heart burning among old employees. Some employees
may even leave the enterprise and go for better avenues in other concerns.
2. Lack of Co-Operation:
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The old staff may not co-operate with the new employees because they feel
that their right has been snatched away by them. This problem will be acute
especially when persons for higher positions are recruited from outside.
3. Expensive:
4. Problem of Maladjustment:
There may be a possibility that the new entrants have not been able to adjust
in the new environment. They may not temperamentally adjust with the new
persons. In such cases either the persons may leave themselves or
management may have to replace them. These things have adverse effect on
the working of the organisation.
Suitability of External Sources of Recruitment:
(i) The required qualities such as will, skill, talent, knowledge etc., are
available from external sources.
(ii) It can help in bringing new ideas, better techniques and improved
methods to the organisation.
(v) The entry of new persons with varied experience and talent will help in
human resource mix.
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(vii) The entry of qualitative persons from outside will be in the long-run
interest of the organisation.
HR Staffing: The staffing process- putting the right people in the right
positions at the right times- is one of the most critical tasks any organization
faces. The quality of the work performed can be only as high as the
capabilities of the people performing it. Three officers are working in HR
staffing unit. They perform the following activities-
i. Recruitment
ii. Selection
iii. Leave Management
iv. Personal Profile Management
Recruitment: Recruitment is the process by which a firm finds its
employees, are perhaps the most critical tasks any organization faces.
Without the right people, no firm can function effectively. For a recruitment
program to be successful, managers should cooperate with the human
resources staff to define needs and predict vacancies. This recruiting may be
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done by internal or external. Types of Recruitment: There are two types of
recruitment in this organization. They are:
1. Internal Recruitment
2. External Recruitment.
These are:
1. Probationary officer Level
2. Trainee Assistant Officer (TAO) Level
Probationary Officer: Probationary officers are confirmed as officer after
successful completion of one year probation period. Probationary Officers
are recruited throw completive written exam that is taken by IBA. After
taking exam top scorers are invited to appear the interview of management
committee. After appearing the interview they have to face an interview in
front of Board of Directors. For recruiting Probationary Officers
advertisement are given in daily newspaper and web site also. Only online
applications are acceptable for Probationary Officers (PO). They have to
apply throw bdjobs.com. bdjobs supplies the database of CVs or resume to
Goodhill LTD. HR team then short lists the resume of the candidates. Only
short listed candidates are invited for appearing the written exam. Short-
listing criteria’s are given in the circulars. There are some subjects, which
are preferred for short listing. These subjects are: MBA (Major in
Accounting, Finance, Marketing, HRM, MIS etc.) English Statistics
Economics Mathematics CSE Development studies
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Trainee Assistant Officer (TAO) Level: TAOs are confirmed as assistant
officer (AO). TAOs are recruiting from walking CVs. Usually, one written
exam is managed by the management has taken for recruiting TAOs
followed by one Viva. Lateral entry (recruitment of experienced person):
There are recruitments for experienced in asset management or brokerage
sector, which is called lateral entry. Length of services, job responsibilities,
revolutionary background etc. is taken into consideration for the lateral
entry.
Selection: The critical criteria in this regard are job relatedness, reliability,
and viability. For selection of candidates following things are considered-
Appearance
Attitudes
Knowledge
Personal ability & mental ability
Physical ability
Qualification
Communication skill
Job knowledge (for lateral entry)
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Paternity leave 5 days
Bereavement leave 5 days
Study leave As per the regulation service
HR Operations:
HR operations unit mainly work in the area of short term and long-term
benefits of the employees of Goodhill LTD, like salary, bonus, provident
services, gratuity, super annulations services, etc.
Monthly Salary Disbursement
Preparation and disbursement of Festival Bonus and Performance
Bonus Employees Final Settlement.
Maintain liaison with different AMC, which are under the corporate
agreement with Goodhill Ltd Limited.
Submission of various Salary related MIS report to the Management
& Regulatory bodies.
Work as System Admin in HR department
Assist in Appraisal Management
Investment with the gratuity and PF services
Employee Tax processing, etc.
1. Need Analysis:
Identify the specific job performance skills needed to improve
performance and productivity.
Analyze the skills and needs of the prospective trainees and to
develop specific measurable knowledge to perform their job.
To ensure that the program will be suited to the trainees specific
levels of education, experience and skills.
Use study report to develop specific measurable knowledge and
performance objective
Technique to identify Training Needs: Task analysis and
performance analysis are two main techniques for identifying training
needs.
Task analysis: The first step in training is to determine what
training, if any, is required. The main task in assessing the training
needs of new employees is to determine what the job entails and break
it down into subtasks, each of which is then taught to the new
employee. So, task analysis is a detailed study of a job to identify
skills required so that an appropriate training program may be
instituted. Task Analysis form contains six types of information-
Task list
How often performed
Quantity, Quality Standards
Performance Conditions
Skills Required
Where best learned
Performance Analysis:
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Verifying that there is a performance deficiency and determining whether
that deficiency should be rectified through training or some other means
(such as transferring the employee).
Instructional Design:
Gather instructional objectives, methods, media, description of and
sequence of content, examples, exercise and activities. Make sure all
materials such as video scripts, leader’s guides and participant’s workbooks,
complement each other are written clearly and blend into unified training
geared directly to the stated learning objectives. Carefully and professionally
handle all program elements-whether reproduced on paper, film or tape to
guarantee and effectiveness.
Validation:
and validate the training program before it presented to the trainee.
Implementation:
When applicable boost success of training workshop focuses on
presentation knowledge and skills in addition to training content.
Setting training objective After training needs have been analyzed, concrete
and measurable training objectives should be set. Objectives specify that
what the trainee should be able to accomplish after successfully completing
the training program. Techniques of training program: After determine
employees training needs, set training objectives and designed the program,
the training program can be implemented.
Most popular training techniques are:
On the job training
Off the job training
On the job training: On the job training is like having a person learns a job
by actually performing it. Virtually every employee, from mailroom clerk to
company president gets some on the job training when he or she joined the
firm. A useful step by step job instruction approach for giving a new
employee on the job training is as follows-
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Preparation of learner
Presentation of the operation
Performance tryout
Follow-up
Off the job training: Goodhill LTD do not provide off the job training.
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COMPANY DATA ANALYSIS
SWOT Analysis:
STRENGTHS:
The strengths of a company are the most important building blocks required
for growth to take place. The following are a few of the most prevalent
strengths that Goodhill LTD has at the present time.
Recruitment: Their recruitment and selection policy is very strong. Goodhill
LTD recruits talented candidates from the market through proper testing-
written and interview. The written part contains questionnaires that are of
standard which is a renowned education institution of south east asian.
Work environment: During my stay I found the work environment very
satisfactory. Everyone is cordial and helpful and cooperative. There is less
internal conflict or politics at play which is essential for conducting a
productive working environment.
Transparency: For clear communication to the employees of the HR
Practice in Goodhill LTD, they have a service rule book which they give to
every employee. The guide articulates important and covers all HR Practice
followed by the organization. This is very helpful both for the employees
and the employer as it removes chances of misinterpretation, bias etc.
Leave Management: They Provide a 44 days leave balance which include
earn leave 20 days, Casual leave 10 days and Medical leave 14 days. So
employees have no worries regarding having leave. Accountable Corporate
Governance is very important for the AMC: Good Corporate Governance is
an issue of vital importance to the Board and Management of Goodhill LTD.
The Board of Directors, as the head level of authority, is responsible and
accountable for the overall direction and is ultimate answerable to regulatory
authorities and shareholders for the activities, strategies and performance of
the company.
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The board now has 9 members, which also includes 2 independent directors.
Goodhill LTD board has a formal schedule of matters especially reserved for
its decision including corporate strategy, approval of budgets and balance
sheet, annual financial results, Director Appointment, proposal for dividend,
approval of major corporate transactions and credit proposals beyond the
delegated business power of the management. Goodhill LTD Asset
Management Ltd provides online Services: Goodhill LTD is among the few
AMCs in Cambodia, which provides the online services to its customer By
using the modern online services. This service gives customer huge
flexibility. More and more urban customers are becoming attracted to this
service day by day. This online service provides great benefit for the
customers, as they do not have to face the hassle of going to the office to
know their balances.
Training and development system of Goodhill LTD is a prime reason of
their success: Goodhill LTD Asset Management Ltd gives regular training
to the officer of both middle and lower levels. Again if there is any strategy
or technology change, there will be special training program arranged based
on individual needs. They arrange special training on their software also
which they use in the office to operate their system, which eventually
becomes beneficial not only for the employee but also for the organization,
because if they do not know the exact procedure of carrying out work in
their system then that might affect them both the employee end into making
mistake, and as a result the reputation of the organization also might get
hampered.
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Alliance Asset Management Ltd is managing product and services the size of
the company is still small.
OPPORTUNITY:
In an organization opportunities are positive external environmental factors.
An organization should explore all possible opportunities available to it.
These opportunities are intended to improve the organization. By making
improvements, the organization should be able to become more competitive
in the market. The following are available opportunities to Goodhill LTD in
order for it to become more aggressive: Recruitment: Most recruitment in
here is through internal recruitment, they can spread the pool of entry level
employees through campus recruitment.
Expanded market: As new industries are coming into the market, capital
market is being large enough and long term financial demand is being
created. The services is a new sector, so there are high possibilities of growth
in this sector. Product and services in south east asia is a largely untapped
market, and Goodhill LTD will be able to capture a large number of
institutional clients from competitors, as well as new clients.
THREATS: An organization’s threats are negative external factors. An
organization should explore all possible threats available to it. These threats
are intended to diminish the organization. By making improvements and
proper monitoring of the threats, the organization should be able to turn
more competitive in the market. The following are threats are available to
Goodhill LTD in order to threaten its existence. Volatile economy: The
market can be volatile, and a sudden drop in prices will weaken client
confidence & portfolio performance. Rise in interest rate and events like
terrorist attacks are likely to affect the economy and the margin of leasing
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companies may also suffering this. The changing nature of share market also
affect the smooth operation of MTB Unit Services. Government Policy: The
changes of policy connected to the operation of finance companies might
create an unfavorable impact on the investment industry. The decision to
withdraw the accounting practices accelerated depreciation and extra shift
depreciation has decreased the profitability of the Mutual Servicess. The
Lack of Motivation of Employees: Sometimes the lack of motivation in
employees can create a threat to the organization. Employees may be
overburdened with tasks that are not their core-competencies. As a result, the
quality and accuracy of deliverables duties may fall. Employee turnover may
have a negative effect on the overall performance of organization.
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Recommendations:
The organization should practice proper Goodhill ltd guideline. The
purpose of Human Resource Management is to improve the
productive contribution of people.
To get effective and efficient employee, the organization should
arrange proper training and development programs.
The entire HR department should be well informed regarding the
employment personal.
The organization should provide well direct compensation as well as
direct to its staffs.
The management should have job evaluated salary structure, which is
most competitive than other organizations in the country.
To evaluate employee’s performance; the management should follow
promotion policy properly.
In order to get competitive advantage and to deliver quality service,
top management should try to modify the services.
Periodical performance appraisal and giving recognition and rewards
to the qualified employees to keep motivating them.
Proper training needed for ensuring efficient performance of the
employees.
Goodhill ltd should hire specialist for each individual sector.
The management should create customers database and continuously
informing the investors about the available facilities or opportunities
which will work to achieve twin goal at a time; one is direct
marketing and another is large pool of customers database.
Conclusion
From the above discussion it can conclude such a way that since human
resource management is a continuously practicing issue so it plays a
significant role on organizations overall performance. If an organization
wants to gain full benefit from human resource management it should follow
all the sections of HRM. As a small AMC few persons are recruited for its
operations and performances. But it will expand soon or later and then the
number of HR employee may not be enough to run the company.
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organizations face significant challenges in developing energized and
engaged workforces. However, there is abundance of research to
demonstrate that increased employee commitment and trust in leadership can
positively impact the company’s bottom line. In fact, the true potential of an
organization can only be realized when the productivity level of all
individuals and teams are fully aligned, committed and energized to
successfully accomplish the goals of the organization. Thus, the objective of
every company should be to improve the desire of employees to stay in the
relationship they have with the company.
CHAPTER 8 QUESTIONNAIRE
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strategies (Please tick)
2. Efforts are taken to generate awareness amongst the employees about the
organization’s financial position, customers’ needs, quality of
product/service, cost etc. (Please tick)
4. All major jobs are subject to formal job analysis (Please tick)
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disagree Fully disagree
Current employees
Permanent : ______
Contractual : ______
Temporary : ______
Part-time : ______
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7. Please assign importance to the following issues relating to work flows in
your organization on a scale of 1-5 (1 means least important and 5 means
very important)
Efficiency : _______
Innovation & Creativity : _______
Flexibility : _______
Broad job classes : _______
Team-based selection
Any other (please specify along with importance on a scale of1 -5)
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disagree Fully disagree
11. Please assign importance on a scale of 1-5 (1 means least important and 5
means very important) on the following areas that are used to identify
training needs in your organization
12. Please indicate your option for each of the following types of employee
training provided by the organization on a scale of 1( never provided) to
5(provided on most of the occasions ):
Supervisory/Management skills =( )
Communication skills =( )
Technical/Knowledge skills =( )
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New equipment/method =( )
Safety =( )
Productivity enhancement =( )
Customer service =( )
Product knowledge =( )
Organization development =( )
Career planning/personal growth =( )
Employee motivation =( )
Data processing/information management = ( )
Team building =( )
Time management =( )
Outplacement/retirement =( )
Health promotion =( )
Learner's reaction =( )
Knowledge acquired =( )
Behavioural change =( )
Measurable results =( )
Short-term focus =( )
Long-term focus =( )
Group-orientation =( )
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Individual-orientation =( )
Task-orientation =( )
Annual =( )
Business-driven =( )
Need-based =( )
17. Please indicate the relevance of the following areas vis-à-vis the
performance appraisal system of your organization on a scale of 1( not at all
relevant) to 5(fully applicable):
Individual-based =( )
Team-based =( )
Flexible =( )
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360-degree feedback =( )
Managing performance throughout the year =( )
Behaviour-oriented rating methods =( )
18. Identify the areas where the results of performance appraisal system are
primarily used on a scale of 1( never used) to 5(used most often)
19. Please indicate the person(s) who actually is(are) responsible for
assessing the performance of employees in your organization on a scale of
1(not at all responsible) to 5 (fully responsible)
Immediate supervisor =( )
Subordinates =( )
Peers =( )
Self =( )
Customer =( )
20. The organization has a formal policy of career planning and development
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(Please tick)
21. There are distinct career paths and internal promotion norms within the
organization (Please tick)
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disagree Fully disagree
25. The organization carries out succession planning in order to ensure that
executives are available to fill gaps in key managerial positions (Please tick)
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27. Please indicate the focus of job design for each of the items on a scale of
1( not at all applicable) to 5(fully applicable):
Individually enriched =( )
Self-managing teams =( )
Cross-functional teams = ( )
28. Please indicate whether the following are relevant to your organization
on a scale of 1-5 (1 not at all relevant) to 5 fully relevant):
Job enrichment =( )
Job rotation =( )
Work modules =( )
Shorter week =( )
Flexi-time =( )
Work sharing =( )
Home work =( )
Work simplification =( )
29. Please assign importance to the following criteria used in the context of
providing rewards on a scale of 1( not at all important) to 5(very important)
Performance =( )
Seniority =( )
Skills =( )
Complexity of task =( )
Discretionary time =( )
Competence =( )
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30. Please indicate your preference for the following types of reward relevant
to your organization on a scale of 1( not at all applicable) to 5(fully
applicable)
Financial reward =( )
Non-financial reward =( )
32. Please indicate on a scale of 1-5, whether the following are relevant vis-
à-vis the compensation policy of your organization (1: not at all relevant to 5:
fully relevant):
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33. Please indicate whether the following compensation objectives are
relevant to your organization on a scale of 1-5 (1: not at all relevant to 5:
fully relevant):
34. Please indicate the focus of the benefit components and employee
assistance programmes of your organization for each of the following items
on a scale of 1(not at all applicable) to 5(fully applicable)
35. Please indicate the focus of incentive plan of your organization on a scale
of 1( not at all applicable) to 5(fully applicable)
Individual =( )
Group =( )
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Organizational =( )
36. The organization has a structured policy for management of attrition and
turnover (Please tick)
38. Please indicate whether the following forms of employee voice are
relevant to your organization on a scale of 1-5 (1: not at all relevant to 5:
fully relevant):
Works committee =( )
Joint consultation =( )
Suggestion schemes =( )
Quality Circle =( )
Employee involvement =( )
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39. Organization has the practice of carrying employee attitude/employee
satisfaction surveys(Please tick)
40. Please indicate the relevance and importance of the following issues in
the context of the communication system of your organization on a scale of
1( not at all applicable) to 5(fully applicable)
Oral method =( )
Written documents =( )
Intranet/groupware =( )
Top-down communication =( )
Bottom-up communication =( )
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42. The organization has provision for employee recognition programmes
and awards (Please tick)
Corrective =( )
Preventive =( )
Progressive =( )
Hot-stove rule =( )
45. Please specify the degree to which the following principles of employee
relations are relevant to your organization on a scale of 1-5 (1: not at all
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relevant, 5: fully relevant)
Strategic Partnership = ( )
Cooperation =( )
Traditional =( )
Conflicting =( )
46. Please assign importance (on a scale of 1-5) to the following approaches
that reflect the attitude of management and employees of your organization
in the context of grievance procedure
Mixed =( )
47. Please assign importance (on a scale of 1-5) to the following approaches
in the context of your organization’s labour relation’s strategy
Union acceptance =( )
Union avoidance =( )
Union substitution =( )
Union suppression =( )
48. Please indicate whether the following are relevant in the context of your
organization’s preferred choice of employee separation on a scale 1-5 (1: not
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at all relevant and 5: fully relevant)
Hiring freeze =( )
49. The organization has been managing change by integrating the HR issues
with the business strategies and the strategic change process (Please tick)
100
BIBLIOGRAPHY
References
(n.d.). Retrieved from https://en.wikipedia.org/wiki/E-HRM#cite_note-1
(n.d.). Retrieved from https://www.ultimatesoftware.com/what-is-human-resource-software
(n.d.). Retrieved from http://www.goodhill.com.kh/about-us/corporate-values/
snell, b. (n.d.). Principles of Human Resources Management.
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