Recruitment Project
Recruitment Project
Recruitment Project
Submitted To:
0/00/0000
ABC (MBA 4th Sem)
XYZ India Pvt Ltd
Recruitme
2
nt
Contents
1. Preface
2. Acknowledgement
3. Hiring an Overview
4. Process of Recruitment
6. Sources of Recruitment
PREFACE
This is to mention that the project namely, “Recruitment” is solely
performed and completed by Ms.ABC student of XYZ.
For performing this, lot of study was carried on various books, websites
and internet. Many extracts are taken from books. Apart from that my
own experience during my work in XYZ is also added into this. I’ve
taken lot of material from the day to day work in the office which helped
me a lot in gaining experience. Thus, I would like to share with you all
through this project.
This hereby also declares that this work is solely carried out by her and
is not submitted anywhere else.
ACKNOWLEDGEMENT
I’m extremely grateful to my all my team members in XYZ whose help,
intellect, constant guidance and abundant interest have always enabled
me to work hard for my project. Without their guidance this project
would not have been completed.
ABC
Recruitme
5
nt
Hiring an Overview
"If each of us hires people who are smaller than we are, we shall become
a company of dwarfs, but if each of us hires people who are bigger than
we are, we shall become a company of giants."
Hiring good people is one of the most significant contributions you can
make to your organization. Good hiring decisions create a foundation for
more effective performance by you, your team, and your company.
Conversely, bad hiring decisions drag down performance and are
expensive and painful to correct.
Defining the Job Requirements Before you can make a good hire, you
need to know what you are hiring for. You also want to determine what
will make for a good "fit" between an individual's skills and personal
Recruitme
6
nt
attributes and the requirements of the job and the organization. Different
types of jobs have different requirements. An operations manager in a
bank will need to have different attributes than a sales manager in that
same organization.
To define the job and its requirements, you need to determine the
primary responsibilities and tasks involved in the job. Answer the
question, "What does this person have to do in this job?" background
characteristics needed to perform the job (education and experience)
personal characteristics required. For example, does the individual need
to have strong interpersonal skills? Be highly intelligent? key features of
your organization's culture (team-orientation, degree of conformity,
reward systems) your managerial style (authoritative, coercive,
democratic) and its implications for an effective working relationship.
Background characteristics
If a good candidate does not know or has not done everything required,
consider whether he or she can learn what is needed and how long it will
take. Determine whether the organization can afford the time needed for
Recruitme
7
nt
on-the-job learning.
Personal characteristics
Personal characteristics indicate how the candidate will approach the job
and how he or she might relate to co-workers. Evaluate these personal
characteristics relative to the tasks and responsibilities you've listed for
the job opening. Analytical and creative abilities. Demonstrated by the
candidate's intellectual skills and creative powers. A candidate's
analytical and creative abilities determines how she assesses problems
and comes up with new approaches to solving them. Decision-making
style. People vary in this matter. Some are extremely structured,
analytical, and fact-based; others rely more on intuition. Some make
decisions quickly, while others put them off or ponder them. Some
depend on consensus, while others seek their own counsel. It is critical
to determine whether a particular style is required for success in the job
and, if so, what it is. Interpersonal skills. Interpersonal skills and
behavior are intimately connected; that is why understanding a
candidate's interpersonal skills is an important part of the hiring decision
process. To determine which interpersonal skills are most appropriate
for a given position, think about the set of tasks that will be performed in
the position. Which traits would translate into good performance,
especially in view of the superiors, peers, and direct reports with whom
the person will interact? For example, a controller should ideally be
patient and formal, demonstrating careful, cautious, detail-oriented
behavior. For a sales manager, high extroversion and low formality
might be desirable.
Motivation
Definition of Recruitment
Objective:
• To attract potential employees into the rolls of the company
• To make a positive impact with our clients, thereby increase the
goodwill and equity for the Company, leading to better market
standing.
Recruitment Process:
1. Identify vacancy
2. Prepare job description and person specification
3. Advertising the vacancy
4. Managing the response
5. Short-listing
6. Arrange interviews
7. Conducting interview and decision making
Sourcing
Sourcing involves:
Recruitme
10
nt
On boarding
A well-planned introduction helps new employees become fully
operational quickly and is often integrated with the recruitment process.
• Help reduce the probability that job applicants once recruited and
selected will leave the organization only after a short period of
time.
Sources Of Recruitment
Every organisation has the option of choosing the candidates for its
recruitment processes from two kinds of sources: internal and external
sources. The sources within the organisation itself (like transfer of
employees from one department to other, promotions) to fill a position
are known as the internal sources of recruitment. Recruitment candidates
from all the other sources (like outsourcing agencies etc.) are known as
the external sources of recruitment.
Recruitme
12
nt
SOURCES OF RECRUITMENT
Organizational objectives
Personnel policies of the organization and its competitors
Government policies on reservations.
Preferred sources of recruitment.
Need of the organization.
Recruitment costs and financial implications
Recruitme
16
nt
Headhunters
Headhunters are third-party recruiters often retained when normal
recruitment efforts have failed.
Headhunters are generally more aggressive than in-house recruiters.
They may use advanced sales techniques, such as initially posing as
clients to gather employee contacts, as well as visiting candidate offices.
They may also purchase expensive lists of names and job titles, but more
often will generate their own lists. They may prepare a candidate for the
Recruitme
20
nt
interview, help negotiate the salary, and conduct closure to the search.
They are frequently members in good standing of industry trade groups
and associations. Headhunters will often attend trade shows and other
meetings nationally or even internationally that may be attended by
potential candidates and hiring managers.
Headhunters are typically small operations that make high margins on
candidate placements (sometimes more than 30% of the candidate’s
annual compensation). Due to their higher costs, headhunters are usually
employed to fill senior management and executive level roles, or to find
very specialized individuals.
While in-house recruiters tend to attract candidates for specific jobs,
headhunters will both attract candidates and actively seek them out as
well. To do so, they may network, cultivate relationships with various
companies, maintain large databases, purchase company directories or
candidate lists, and cold call.
In-house recruitment
Larger employers tend to undertake their own in-house recruitment,
using their Human Resources department. In addition to coordinating
with the agencies mentioned above, in-house recruiters may advertise
job vacancies on their own websites, coordinate employee referral
schemes, and/or focus on campus graduate recruitment. Alternatively a
large employer may choose to outsource all or some of their recruitment
process (Recruitment process outsourcing).
policy is the first step in the efficient hiring process. A clear and concise
recruitment policy helps ensure a sound recruitment process.
Think creatively about how to accomplish the work without adding staff
(improves processes, eliminate work you don’t need to do, divide work
differently, etc.).
Develop and prioritize the key requirements needed from the position
and the special qualifications you seek in a candidate. (These will assist
your Human Resources department to write the classified ad; post the
job online and on your website; and screen resultant resumes for
potential candidate interviews.)
Hold the interviews with each interviewer clear about their role in the
interview process. (Culture fit,technical qualifications, customer
responsiveness and knowledge are several of the screening
resposibilities you may want your interviewers to assume.)
• Upsizing the caliber of talent because top talent has become available
• Limiting the talent available in the market in order to hurt a
competitor's ability to staff adequately
• L earning from other firms
• Increasing the capability of your firm by adding new skill sets
Which of these focus areas you select is important because each requires
that you direct your recruiting efforts in a different way. For example, if
you are hiring for geographic expansion, you will need to implement a
strategy that allows you to enter new geographic regions -- as opposed to
hiring to hurt, where you need to focus on hiring away key talent
directly from competitors.
2. Prioritization of jobs
Most firms begin a search once a requisition has been created. But there
are a multitude of approaches available:
• Begin recruiting when an opening occurs
• Continuous search (evergreen jobs where there is a constant need)
• Begin before an opening occurs (pre-need hiring can be done to build a
talent pool or to build a relationship over time, in order to increase
applications and offer acceptance rates from employed individuals and
top performer candidates)
Geographic focus:
When selecting the most appropriate candidates from the candidate pool
organizations can use a variety of approaches. Those target skills or
competencies could include:
• Hiring brains or intelligence
• Selecting based primarily on personality
• Selecting based on the technical skills required for this job
• Selecting based on skills (technical and people) required for this and
"the next" job
• Selecting primarily based on pre-identified, company-wide
competency needs (present and future)
• Selecting primarily based on the candidate's experience (industry or
job)
• Selecting primarily based on the candidate's contacts and network
• Selecting the "best athlete" available at the time (hire and then find the
best job for them)
• Selecting primarily based on cultural fit
An essential part of any recruiting strategy is the process you will utilize
to assess the candidates. Common choices include:
• Interviews
• Personality tests
• Skills tests
• References (business, personal or educational)
• Grades or academic performance (primarily for college hires)
• Drug screening
• Job simulations
• On-the-job assessment (primarily for temp-to-permanent conversions)
Recruitme
30
nt
• Hire more than you need and intentionally "wash out" the poor
performers
ABC – An Overview:
14 Industry Verticals
1. Information technology
2. Telecommunications
3. Financial services & Consulting
4. Banking & Insurance
5. BPO & KPO
6. Life Sciences & healthcare
7. Media, Advertising & Communication
8. Retailing
9. Consumer & services
10. FMCG
11. Automobiles
12. Manufacturing & Processes
13. Infrastructure
14. Not for Profit