Term Paper Nitol
Term Paper Nitol
(Ministry of Industries)
4, Sobhanbag, Mirpur Road, Dhaka
www.bim.org.bd
(Academic Year-2016)
Supervised by Prepared by
Engr. Abdul Quader Md. Rashed Rayhan
Deputy Director Roll: 16DH258
Bangladesh Institute of Management (BIM) PGDHRM, Evening Batch-04
January 2017
Letter of Transmittal
Dear Sir,
You have assigned me to prepare the report on “Recruitment & Selection Process in Nitol Niloy
Group”. I have prepared my report in mentioned timeframe. The report also consists of the
overview of Nitol Niloy Group. I tried to gather accurate information to make it specific and
coherent. Through the process of preparing the term paper, I have managed to get some
practical experiences.
To serve your purpose, I have tried my best to find out proper Recruitment & Selection Process
in Nitol Niloy Group.
I truly hope and believe, this report will fulfill the requirements suggested by you.
Sincerely yours,
I do solemnly declare that this term paper submitted; in partial fulfillment of the requirements
for the Post Graduate Diploma in Human Resource Management (PGDHRM) of the session 2016
of the Bangladesh Institute of Management (BIM), Dhaka in the result of my own research work
and written in my own language. That no part of this term paper consists of materials copied or
plagiarized from published or unpublished work of other writers and that all materials
borrowed or reproduced from other published or unpublished source have either been out
under quotation or duly acknowledge with full reference in appropriate place(s). I understand
that the diploma, conferred on me, may be cancelled/withdrawn if subsequently it is
discovered that this term paper is not my original work, it consists of materials
copied/plagiarized or borrowed with proper acknowledge.
________________
Md. Rashed Rayhan
Roll: 16DH258
EVE Batch: 04
Session: 2016
PGHRM, BIM
Acknowledgement
I express my deep sense of gratitude and sincere appreciation to my supervisor Engr. Abdul
Quader, Deputy Director of Bangladesh Institute of Management (BIM) for his valuable
suggestion, guidelines and co-operation. Without his help and guidance it was quit impossible to
come up with this study.
All of my thanks go to my organization Nitol Niloy Group, who have gave me their valuable time to
explore their world. For this I thank my Institution for giving me this nice opportunity to observe
more closely recruitment and selection process in Nitol Niloy Group. I am also grateful to my co-
workers who extended their co-operation for collection data and information associate with the
study.
In writing this term paper, I have drawn as many books which mentioned in the bibliography, I
acknowledge my indebtedness to all those authors for their works which has been great use for me.
I would like to thank all of the counselors of Bangladesh Institute of Management (BIM) who had
been very co-operative and support me to do this term paper.
I am also grateful to my parents for their handy support and off course to all of my friends and
colleagues.
______________
Md. Rashed Rayhan
Roll: 16DH258
EVE Batch: 04
Session: 2016
PGHRM, BIM
Table of Contents
Sl. No. Contents Pages
1.7.1 Sampling 7
4.1 Analysis: 33
5.1 Recommendation: 49
5.2 Conclusion: 50
CHAPTER: 01
Introduction
1.1 Background
There is no doubt that the world of work is rapidly changing. As part of an organization then,
HRM must be equipped to deal with the effects of the changing world of work. For them this
means understanding the implications of globalization, technology changes, workforce
diversity. Changing skill requirements, continuous improvement initiatives contingent
workforce, decentralized work sites and employee involvement are the issue for confront. Now
it is a big challenge for the HRM to support the organization by providing the best personnel for
the suitable position in shortest possible time. Starting with recognizing the vacancies and
planning for them is a great task. Moreover selecting attracting the suitable candidates and
selecting the best person in time is a challenge. The cost of the recruitment is significant. So,
proper planning and formulate those plan is the task that require more focus and
improvement. Equal opportunity and sourcing is also a vital part. Realizing this need we tried to
find the difference and similarities between theoretical aspects with the practical steps taken
by the company. We took an attempt to demonstrate the feature for the further improvement.
As an organization needs to succeed and survive, or compete effectively in the global economy
in this era of globalization, employers must be in the position to propound and practice
recruitment and selection of employees in the best way. The success of a business or an
organization is directly linked to the performance of those who work for that organization.
Underachievement can be a result of workplace failures. Every organization has its own
requirements in acquiring employees. It is vital that organizations select people with the quality
essential for continued success in this competitive global village. The only means of achieving
this success is through proper recruitment and selection practices.
Recruitment and selection can play a pivotally important role in shaping an organization’s
effectiveness and performance, if work organizations are able to acquire workers who already
possess relevant knowledge, skills and aptitudes and are able to make an accurate prediction
regarding their future abilities. Recruitment and selection also has an important role to play in
ensuring worker performance and positive organizational outcomes. It is often claimed that
selection of workers occurs not just to replace departing employees or add to a workforce but
rather aims to put in place workers who can perform at a high level and demonstrate
commitment (Ballantyne, 2009).
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Bratton and Gold (2007), differentiate the two terms while establishing a clear link between
them by stating that recruitment is the process of generating a pool of capable people to apply
for employment to an organization. Selection is the process by which managers and others use
specific instruments to choose from a pool of applicants a person or persons more likely to
succeed in the job(s), given management goals and legal requirements. Recruitment and
selection forms a core part of the central activities underlying human resource management:
namely, the acquisition, development and reward of workers. It frequently forms an important
part of the work of human resource managers – or designated specialists within work
organizations. It is the human resources that give competitive edge” and therefore should be
selected carefully and developed in order to achieve employees‟ commitment (Storey, 1995).
However, recruitment and selection decisions are often for good reason taken by non-
specialists, by the line managers (Costello, 2006). There is, therefore, an important sense in
which it is the responsibility of all managers, and where human resource departments exist, it
may be that Human Resource (HR) managers who play more of a supporting advisory role to
those people who will supervise or in other ways work with the new employee. According to
Mullins (2010), for the Human Resource Management (HRM) function to remain effective,
there must be consistently good levels of teamwork, plus ongoing co-operation and
consultation between line managers and the HR manager. This is most definitely the case in
recruitment and selection as specialist HR managers (or even external consultants) can be an
important repository of up-to-date knowledge and skills, for example on the important legal
dimensions of this area.
By using the right selection methods one can ensure that the candidate does not only has the
right skills for the job, but also possesses the right personality to fit into the existing
organizational culture. Once that “right” person has been employed, the company has to
ensure that the right incentives are put in place. However, recruitment and selection is
characterized by potential difficulties and it is necessary to keep abreast of developments in
research in the field of construction. Research from the Chartered Institute of Personnel and
Development (CIPD, 2009a), concluded that organizations should increasingly be inclusive in
their employment offering as younger generations have grown up with the notion of flexible
working, while older people have an interest in flexible working as an alternative to retirement.
This research work seeks to identify employee recruitment and selection practices in Nitol Niloy
Group’s recruiting and selection process that help us to perceive a common picture about
recruiting and selection process in group of company in Bangladesh.
An organization may have all of the latest technology and the best physical resources, but if it
does not have the right people it will struggle to achieve the results it requires. This is true
across the whole spectrum of business activity e.g. schools, hospitals, legal practices,
restaurants, airlines, and diesel engine manufacturers. Poor choices at the recruitment stage
can prove expensive. The company needs to be sure of a candidate's technical competence. For
example, if an engineer designs a component that fails and has to be re-engineered, the
company loses both time and money and may incur penalty charges on any delay in fulfilling
particular contracts. Time and money spent in recruiting that particular employee will have
proved expensive and wasteful whilst a better candidate may not only have 'got away' but also
gone to a competitor.
Recruiters play an important role in the success of an organization. They essentially act as a
filter that -- when used properly -- only selects the best candidates. In a constantly changing
business world, companies need to hire people who are adaptable, loyal, knowledgeable,
dependable and confident, thereby creating a foundation for success. Recruiting staff is a very
costly exercise. It is also an essential part of any business and it pays to do it properly. When
organizations choose the right people for the job, train them well and treat them appropriately,
these people not only produce good results but also tend to stay with the organization longer.
In such circumstances, the organization’s initial and ongoing investment in them is well
rewarded. Selection is the process that an organization uses to determine which job applicant
will be the most successful in meeting the demands of the job or will fit well with the existing
work groups and the culture of the organization. Poor selection procedures and processes lead
to various unnecessary costs in the organization. In the recruitment process, an organization
hires the most suitable and qualified candidate -- whether he is internal or external to the
organization -- to fill a job vacancy. Orientation deals with new employees assimilating into the
organization.
Cost
Cost is a major reason why effective recruitment and selection is important. There are many
ways in which poor recruitment practices can result in financial losses. For example, if a
candidate's competency is not accurately assessed, he may make mistakes that can hinder
productivity. If he needs to be retrained or replaced, this takes up more company time that
could otherwise be invested toward remaining competitive.
Loyalty and productivity are linked. Employees who feel dedicated to the organization will work
hard to help it succeed. With this in mind, recruiters must ask questions that provide
information about a candidate's strengths and weaknesses. Additionally, interviewers should
inquire about a candidate's greatest achievements throughout her career. Generally, loyal
employees will have a track record of striving for excellence, resulting in a more competitive,
innovative and profitable business.
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Appropriate selection procedures applied in the recruitment process ensure that only the most
qualified individual is chosen to fill a vacancy. Recruited employees who are satisfied with their
jobs lead to a low employee turnover rate. Employee retention is important to an organization,
as the costs of hiring and training new employees are very high. Improper recruitment and
selection practices can often result in high turnover or involuntary separations. If a recruiter is
not careful when analyzing resumes and conducting interviews, she may hire an employee with
a weak work ethic or a tendency to move quickly from one job to the next -- "job hopping."
Recruiters should pay close attention to the lengths of time at each previous job and carefully
check references. Another so-called "red flag" is a gradual decrease in responsibility. For
example, if the candidate starts out working as a senior manager and slowly shows progression
to a less complex role, this could indicate that he is not as competent as he claims.
Legal Issues
Recruitment attracts many applicants to a particular job, which may prove difficult to manage,
but selection reduces applicants to a manageable number. Candidates who have applied for a
job during the recruitment stage are screened in the selection stage. Those who prove suitable
for the job are selected, and unsuitable ones are rejected.
Assess Behavior
A good selection procedure saves time in the recruitment and orientation processes because
the applicant is expected to have been introduced to some aspects of the organizational
culture, such as the dress code. No time is wasted trying to inculcate the new recruit with
various aspects of the organization's culture and norms. The employee is given an adequate
picture of what the new job entails, thus eliminating wasting time doing unnecessary chores
that are not part of his job description.
The report deals with the recruitment and selection process in terms of theoretical point of
view and the practical use. The study will allow learning about the recruitment and selection
issues, importance, modern techniques and models used to make it more efficient. The study
will help to learn the practical procedures followed by the leading organizations. Moreover the
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study will help to differentiate between the practice and the theories that direct to realize how
the organization can improve their recruitment and selection process. The study covered:
Because of the limitation of information, some assumptions were made. My perception about
some observation may not be correct.
CHAPTER 2
Literature Review on Recruitment &
Selection
2.1 History of Human Resource Management
The History of Human Resource Management is the strategic and coherent approach to the
management of an organization's most valued assets - the people working there who
individually and collectively contribute to the achievement of the objectives of the business.
The terms "human resource management" and "human resources" (HR) have largely replaced
the term "personnel management" as a description of the processes involved in managing
people in organizations. Human Resource management is evolving rapidly. Human resource
management is both an academic theory and a business practice that addresses the theoretical
and practical techniques of managing a workforce.
Human resource management has its roots in the late and early 1900's. When there are less
labor then there are more working with machinery. The scientific management movement
began. This movement was started by Frederick Taylor when he wrote about it a book titled
‘The Principles of Scientific Management’. The book stated, "The principal object of
management should be to secure the maximum prosperity for the employer, coupled with the
maximum prosperity for each employee.” Taylor believed that the management should use the
techniques used by scientist to research and test work skills to improve the efficiency of the
workforce. Also around the same time came the industrial welfare movement. This was usually
a voluntary effort by employers to improve the conditions in their factories. The effort also
extended into the employee’s life outside of the work place. The employer would try to provide
assistance to employees to purchase a home, medical care, or assistance for education. The
human relations movement is the major influence of the modern human resource
management. The movement focused on how employees group behavior and how employee
feelings. This movement was influenced by the Hawthorne Studies.
Manpower panning
Recruitment / selection
Induction
Orientation
Training
Management development
Compensation development
Performance appraisals
Performance management
Career planning / development
Coaching
Counseling’s
Staff amenities planning
Event management
Succession planning
Talent management
Safety management
Staff communication
Reward
HR Executive committee
Organization planning
Organization development.
Testing
Surveys
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Performance appraisal
Compensation administration
Bonus
Employee benefits.
Training
Management development
Contract compliance
Employee counseling.
Table 1: Responsibility of HR
`Personal planning is the process of deciding what positions the firm will have to fill, and how to fill
them.’—Gary Dessler.
In the words of coleman bruce (1997) HRM is the process of determining manpower requirements and
the means of meeting those requirements in order to carry out the integrated plan of the organization.
a) Trend analysis:
Trend analysis means studying variation in the firm’s employment levels over last five years.
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Recruitment is a positive process of searching for prospective employees and stimulating them
to apply for the jobs in the organization. When more persons apply for jobs then there will be a
scope for recruiting better persons.
The job-seekers too, on the other hand, are in search of organizations offering them
employment. Recruitment is a linkage activity bringing together those with jobs and those
seeking jobs. In simple words, the term recruitment refers to discovering the source from
where potential employees may be selected. The scientific recruitment process leads to higher
productivity, better wages, high morale, reduction in labor turnover and enhanced reputation.
It stimulates people to apply for jobs; hence it is a positive process.
Recruitment is concerned with reaching out, attracting, and ensuring a supply of qualified
personnel and making out selection of requisite manpower both in their quantitative and
qualitative aspect. It is the development and maintenance of adequate man- power resources.
This is the first stage of the process of selection and is completed with placement. Various
researchers have contributed to the field of HRM, and have offered intensive and profound
knowledge on the branches of HRM especially on recruitment and selection. Below is some of
the different definitions of recruitment;
According to Edwin B. Flippo, “It is a process of searching for prospective employees and
stimulating and encouraging them to apply for jobs in an organization.” He further elaborates it,
terming it both negative and positive.
He says, “It is often termed positive in that it stimulates people to apply for jobs, to increase the
hiring ratio, i.e. the number of applicants for a job. Selection, on the other hand, tends to be
negative because it rejects a good number of those who apply, leaving only the best to be
hired. ”
In the words of Dale Yoder, Recruitment is the process to “discover the sources of manpower to
meet the requirements of the staffing schedule and to employ effective measures for attracting
that manpower in adequate numbers to facilitate effective selection of an efficient working
force.”
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Kempner writes, “Recruitment forms the first stage in the process which continues with
selection and ceases with the placement of the candidates.”
In personnel recruitment, management tries to do far more than merely fill job openings. As a
routine the formula for personnel recruitment would be simple i.e., just fill the job with any
applicant who comes along.
Joseph J. Famularo has said, “However, the act of hiring a man carries with it the presumption
that he will stay with the company-that sooner or later his ability to perform his work, his
capacity for job growth, and his ability to get along in the group in which he works will become
matters of first importance.” Because of this, a critical examination of recruitment methods in
use should be made, and that is the purpose of this chapter.
Writing an Advertisement
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Newspaper advertising is the most common form of recruitment; therefore this fact sheet will
focus on that process.
A common advertising format is as follows:
Title
The advert title may either be the job title or an eye-catching phrase. Other eye-catchers such
as graphics or pictures (your farm logo) may also be added.
Job title and property description
The job title and property description tell the applicant what the position is and provides a
context for the role by describing the location, size and facilities available on the farm
Description of the job
This section describes the appropriate responsibility areas, tasks or duties for the role. This can
be taken almost directly from the job description previously constructed.
Realistic job previews: While selling the job is important, it can be a good sales ploy to point out
any particular difficulties of the job, giving the applicant a more realistic idea about what the
job entails. This should only be used where a direct compensation has been built into the
package.
Job specification
A job specification goes beyond a mere description -in addition, it highlights the mental and
physical attributes required of the job holder. For example, a job specification for a trainee
manager's post in a retail store included the following: 'Managers at all levels would be
expected to show responsibility. The company is looking for people who are tough and
talented. They should have a flair for business; know how to sell, and to work in a team. Job
analysis, description, and specification can provide useful information to a business in addition
to serving as recruitment instruments. For example, staff appraisal is a means of monitoring
staff performance and is a feature of promotion in modern companies. In some companies, for
example, employees and their immediate line managers discuss personal goals and targets for
the coming time period (e.g. the next six months). The appraisal will then involve a review of
performance during the previous six months, and setting new targets. Job details can serve as a
useful basis for establishing dialogue and targets. Job descriptions can be used as reference
points for arbitrating in disputes as to 'who does what' in a business. Selection involves
procedures to identify the most appropriate candidates to fill posts. An effective selection
procedure will therefore take into consideration the following: keeping the costs of selection
down making sure that the skills and qualities being sought have been identified, developing a
process for identifying them in candidates making sure that the candidates selected, will want
the job, and will stay with the company. Keeping the costs of selection down will involve such
factors as holding the interviews in a location, which is accessible to the interviewing panel, and
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to those being interviewed. The interviewing panel must have available to them all the
necessary documentations, such as application forms available to study before the interviews
take place. A short list must be made up of suitable candidates, so that the interviews do not
have to take place a second time, with new job advertisements being placed. The skills required
should have been identified through the process of job analysis, description and specification. It
is important then to identify ways of testing whether candidates meet these requirements.
Testing this out may involve:
Interviewing candidates
Asking them to get involved in simulated work scenarios
Asking them to provide samples of previous work
Getting them to fill in personality and intelligence tests
Giving them real work simulations to test their abilities. \
Sales points
Advertising should sell the job by highlighting the opportunities the role provides. These
opportunities may include:
Learning and growth opportunities (professional and personal development)
The team on the farm
Quality of accommodation
Training provided
Recreational opportunities
Proximity to town
Time off
Leave provisions
Level of salary
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Employers should be careful not to oversell the role because if they can’t come through on
promises made, staff will be disappointed. It is also illegal under the Fair Trading Act. In all cases
adverts should avoid overused words, such as “progressive”, “self-starter” and “motivated”.
They are used with such frequency that they have lost their meaning and have become space
fillers.
The eligible and suitable candidates required for a particular job are available through various
sources. These sources can be divided into two categories.
The promotion policy is followed as a motivational technique for the employees who work hard
and show good performance. Promotion results in enhancements in pay, position,
responsibility and authority. The important requirement for implementation of the promotion
policy is that the terms, conditions, rules and regulations should be well-defined.
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Retirements:
The retired employees may be given the extension in their service in case of non-availability of
suitable candidates for the post.
Former employees:
Former employees who had performed well during their tenure may be called back, and higher
wages and incentives can be paid to them.
Transfer:
Employees may be transferred from one department to another wherever the post becomes
vacant.
Internal advertisement:
The existing employees may be interested in taking up the vacant jobs. As they are working in
the company since long time, they know about the specification and description of the vacant
job. For their benefit, the advertisement within the company is circulated so that the
employees will be intimated.
Young people with the knowledge of modem technology and innovative ideas do not
get the chance.
The performance of the existing employees may not be as efficient as before.
It brings the morale down of employees who do not get promotion or selected.
It may leads to encouragement to favoritism.
It may not be always in the good interest of the organization.
Press advertisement:
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A wide choice for selecting the appropriate candidate for the post is available through this
source. It gives publicity to the vacant posts and the details about the job in the form of job
description and job specification are made available to public in general.
Campus interviews:
It is the best possible method for companies to select students from various educational
institutions. It is easy and economical. The company officials personally visit various institutes
and select students eligible for a particular post through interviews. Students get a good
opportunity to prove themselves and get selected for a good job.
Placement agencies:
A databank of candidates is sent to organizations for their selection purpose and agencies get
commission in return.
Employment exchange:
People register themselves with government employment exchanges with their personal
details. According to the needs and request of the organization, the candidates are sent for
interviews.
Walk in interviews:
These interviews are declared by companies on the specific day and time and conducted for
selection.
E-recruitment:
Various sites such as jobs.com, naukri.com, and monster.com are the available electronic sites
on which candidates upload their resume and seek the jobs.
Competitors:
By offering better terms and conditions of service, the human resource managers try to get the
employees working in the competitor’s organization.
Skilled and ambitious employees may switch the job more frequently.
It gives a sense of insecurity among the existing candidates.
It increases the cost as advertisement is to be given through press and training facilities
to be provided for new candidates.
Recruiting & selection are combined and called the employment function in many HR
departments. In a large HR department, the employment function is the responsibility of the
employment manager. In a smaller department, the HR manager handles these duties.
Employment is often the primary reason for the department’s existence, since the selection
process is central to the HR function.
Therefore, the selection procedure followed by different organizations, many times, becomes
lengthy as it is a question of getting the most suitable candidates for which various tests are to
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be done and interviews to be taken. The procedure for selection should be systematic so that it
does not leave any scope for confusions and doubts about the choice of the selected candidate.
Brief details of the various steps in selection procedure are given as follows:
Inviting applications:
The prospective candidates from within the organization or outside the organization are called
for applying for the post. Detailed job description and job specification are provided in the
advertisement for the job. It attracts a large number of candidates from various areas.
Receiving applications:
Detailed applications are collected from the candidates which provide the necessary
information about personal and professional details of a person. These applications facilitate
analysis and comparison of the candidates.
Scrutiny of applications:
As the limit of the period within which the company is supposed to receive applications ends,
the applications are sorted out. Incomplete applications get rejected; applicants with un-
matching job specifications are also rejected.
Written tests:
As the final list of candidates becomes ready after the scrutiny of applications, the written test
is conducted. This test is conducted for understanding the technical knowledge, attitude and
interest of the candidates. This process is useful when the number of applicants is large. Many
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Psychological tests:
These tests are conducted individually and they help for finding out the individual quality and
skill of a person. The types of psychological tests are aptitude test, intelligence test, synthetic
test and personality test
Personal interview:
Candidates proving themselves successful through tests are interviewed personally. The
interviewers may be individual or a panel. It generally involves officers from the top
management.
The candidates are asked several questions about their experience on another job, their family
background, their interests, etc. They are supposed to describe their expectations from the said
job. Their strengths and weaknesses are identified and noted by the interviewers which help
them to take the final decision of selection.
01 Whether the employee has put his/her signature and date on the
‘Appointment Letter’ for acceptance of the terms and conditions of
the same by him/her?
Medical examination:
Physical strength and fitness of a candidate is must before they takes up the job. In-spite of
good performance in tests and interviews, candidates can be rejected on the basis of their ill
health.
Final selection:
At this step, the candidate is given the appointment letter to join the organization on a
particular date. The appointment letter specifies the post, title, salary and terms of
employment. Generally, initial appointment is on probation and after specific time period it
becomes permanent.
Placement:
This is a final step. A suitable job is allocated to the appointed candidate so that they can get
the whole idea about the nature of the job. They can get adjusted to the job and perform well
in future with all capacities and strengths.
CHAPTER 3
Company Overview
3.1 About Company:
From a trading company in early eighties, Nitol-Niloy Group has literally become a household
name in less than twenty years. Over the years, it has expanded its activities into different
sectors in order to ensure excellence in service to the customers. Because of its continuous
diversification, it has shaped itself as a true conglomerate from its original identity as a
transport based organization. This was the dream of Mr. Abdul Matlub Ahmad, which he had in
his student days in Oxford. With strong support of dedicated management team, he made his
dream come true. But like he says "This is just the beginning of good times, best is yet to
come".
The main thrust of Nitol Niloy Group comes from, marketing TATA brand of commercial vehicles
in Bangladesh including Buses, trucks, passenger version pickup trucks, Maxi and construction
equipment. Since 1991, it commenced assembly and building body of TATA vehicles, popular in
the country for its economy and excellent value for money, unique pay-as you-earn marketing
system and complete after sales service.
Putting forward its motto "One History-One Brand-One Industry", Nitol Niloy Group has grown
to become the largest seller of commercial vehicles in the country. The company has a
formidable presence in a wide range of product markets, while it also operates in the service
sector. The diversity of its market presence is apparent in its marketing of mass-sold products
like commercial vehicles as well as its being in the notably niche market of helicopter
transportation services. Nitol Motors Ltd., one of the major concerns of the conglomerate,
began its journey in 1983, quickly becoming an important marketer of commercial vehicles in
Bangladesh. In 1989, Nitol Motors Ltd. became the sole distributor of TATA vehicles in
Bangladesh. Since then, it never had to look back as it is currently the market leader in this
sector. In 1991 a joint venture company named Nita Company Ltd. was formed between TELCO
and NITOL for assembly of TATA vehicles in Bangladesh. This company is the flagship enterprise
of Nitol Group and is in the business of assembling commercial vehicles. Chassis of trucks, buses
and minibuses that are imported in completely knocked down condition (CKD) are assembled
by this company. It is currently one of the leading vehicle assembling organizing corporations in
the country.
Nitol-Niloy Group has a strong, diversified profile in Bangladesh. It has opted for trading
assembling of vehicles, bus body making, after sales support, transport and aviation services,
financial institutions, manufacturing industries, real state including building of satellite
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townships, properties development and sports promotion. The group annual turnover is
estimated to cross taka 800 cores. New enterprise is being implemented. Nitol-Niloy Group is
looking at a new horizon of attainable dreams. For Nitol-Niloy Group, “sky is the limit”
Planning:
Nitol Niloy has done its planning within the purview of the corporate plan. The overall planning
approach in Nitol Niloy is top-down. Each branch can plan according to the goal imposed by the
corporate level. It doesn’t plan independently. And Nitol Niloy has a strategic planning division. This
department is mainly responsible for the overall planning.
Organizing:
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Nitol Niloy is organized as per the existing business locations. It has thirty three branches, each of which
is a separate entity. Each unit is responsible for own performance and a Senior Vice President followed
by Manager Heads each. He is directly responsible for the performance of their unit. Within each branch
it is organized functionally.
Staffing:
The recruitment in Nitol Niloy is done in two ways. One as a “Probationary Officer” for the management
program and it has a probation period of one year. Another one is non-management level as “Trainee
Officer”. Probationary Officer is recruited in officer category and their career path is headed towards
different managerial jobs.
The Management approach in Nitol Niloy is top-down or authoritative. Information just seeks through
lower management layer. Works are designed in such a way that one cannot leave without clearing the
tasks as he is assigned for a day. Sitting arrangement in all office is done in a way that the superior can
monitor the subordinate all time. Budgeting, rewarding, punishing, etc. are also practiced as control
mechanism.
It has own sales and service center at Bogra, Comilla, Jessore, and Dinajpur by which ensure
highest quality after sales service, repairs and spare parts. It also provides flexible credit
facilities for farmers for better customer satisfaction and service. ACI Motors are planning to
introduce light commercial vehicles like pickups and mini trucks to support farmers to carrying
agricultural goods. Also, high quality diesel engines and pumps for irrigation purpose will be
offered in the near future. This business shows considerable promise in contributing to the
agricultural productivity of Bangladesh.
Nitol Bay Resort in Cox's Bazar has an aesthetic ambience, luxurious opulence, state of the art
facilities, a professional approach to service and a warm personal touch. This Cox's Bazar hotel
is conveniently located in the city center, which enable the guests to access to various places in
Cox's Bazar conveniently. A heaven for Tourists and sojourners, We invite you to step into Nitol
Bay Resort and come home to your own place in Cox's Bazar as well as Bangladesh. Reputed as
one of the best Cox's Bazar Hotels, it is aesthetically designed and provided with state of the art
equipment to create the right ambience suited to contemporary business needs.
Radio Next:
Radio Next 93.2 FM is a concern of Nitol Niloy Group. We began a rudimentary test
transmission during September 2013, followed by our commercial launch during March 2013,
and now we can be heard at this very moment by the population of approximately 15 million
that reside in and around Dhaka, Bangladesh, and growing every day. Young at heart, if not in
physical age. Somewhere in our hearts, we sing the songs, the dreams and the ambitions and
possibilities that are a young and new Bangladesh. We believe age is merely a number, a
boundary; it does not define the youth inside us, the spring that is in every step and every
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heartbeat. And together, we strive to make our country and our lives more awesome, or as the
youth of Bangladesh would say, more “joss” everyday! Radio Next is an infotainment based
radio, giving emphasis on the impact of current affairs on our society. We have a sincere crew
behind all the latest and authentic information that we try to provide. We at Radio Next have
one of the best production units in the country, and attempt to create new and tasteful
productions every day from our studios. Our crew works in diverse ways to give our listeners
the right stories and information, and also a chance to share their views and feedback to make
a difference in the society.
CHAPTER 4
Survey
Sample Size 31
Data Collection: survey data has been collected through these following questionnaires:
Total 225 82 65
Average 19 7 5
Question- 1
Agreed
Dis-agreed
Neutral
Question 1: Nitol Niloy clearly define the position objectives, requirements and candidate
specifications in the recruitment process:
Before any job posting it is highly needed to clarify the position objectives, candidates’
requirements and specifications for any organization. So that candidates can get a guideline to
apply for that particular position.
From the survey result it is very clear that, Nitol Niloy clearly define the position objectives,
requirements and candidate specifications in the recruitment process as 18 of 31 respondent
agreed with the statement 5 of 31 person doesn’t agree with the statement and 8 people
remain neutral about this matter.
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Question-2
Agreed
Dis-agreed
Neutral
Question-3
Agreed
Dis-agreed
Neutral
Question-4
Agreed
Dis-agreed
Neutral
Question 4: Job Responsibilities and Job Description are clearly defined to the candidates:
A job description typically outlines the necessary skills, training and education needed by a
potential employee. It will spell out duties and responsibilities of the job. All employees like to
know what is expected of them and how they will be evaluated. Job descriptions can also be a
great value to employers.
From the survey it is very clearly stated their, job responsibilities and job description are clearly
stated 18 of 31 people agreed with the statement.
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Question-5
Agreed
Dis-agreed
Neutral
Question-6
Agreed
Dis-agreed
Neutral
Question 6: The Resume screening and Short listing method used by the organization is
satisfactory:
For resume screening and short listing method Nitol Niloy uses latest technology and procedure.
From the survey I got 22 of 31 people who are satisfied with resume screening and short listing
method used by the organization. That means 71% of the sample population agreed with the
statement. Three people remain neutral and three disagreed with the statement.
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Question-7
Agreed
Dis-agreed
Neutral
Question 7 : Criteria for short listing of candidates used by the organization is satisfactory:
Short listing is a very important part of the recruitment process. Although it can be time-consuming
it is worth conducting it with care and consideration. Nitol Niloy recruitment section do not want to
miss an excellent candidate or waste their time with someone who doesn’t meet their
requirements.
In that case to create a adequate pool of deserving candidates the organization follow some criteria
to short listing. Survey data shows that 18 of 31 people satisfied with the criteria for short listing of
candidates.
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Question-8
Agreed
Dis-agreed
Neutral
Question-9
Agreed
Dis-agreed
Neutral
Question-10
Agreed
Dis-agreed
Neutral
Question-11
Agreed
Dis-agreed
Neutral
Question-12
Agreed
Dis-agreed
Neutral
Weaknesses
The chain of command Nitol Niloy is elongated. If there is a situation to take immediate
decision and deputy directors are not available, that’s time they face problem. The
decision will be hanging up until deputy directors are available.
Online base advertisement is proper cannot get right candidate.
Their sales centers are not enough to cover whole country.
It cannot hold its medical representative and sales and promotional representatives for
the long time. For this problem, it recruits heavy amount of MR and SPR. It makes huge
cost.
Marginal capital adequacy
High concentration on fixed deposits and large-scale loans
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Opportunities:
People are getting consciousness about healthy and cure life. If they feel sick, they take
medicine. So user of medicine is increasing.
Existing demand in the neighboring country’s pharmaceutical market is really big
opportunity for it.
Globalization allows Nitol Niloy to enter global market by diversifying its business by
utilizing the company image.
Value addition in products and services
Increasing purchasing power of people
Scope of market penetration through diversified products
Increasing trend in international business
Government’s policy of encouraging heavy inflow of foreign investment
Regulatory environment favoring private sector development
Threats
Aggressive promotional actions and movement by the rivals can affect The Nitol Niloy
market.
Exchange rate fluctuation can be reason of increasing price high.
Likely entry of potent new competitors due to attractive industry profitability.
Modern technology are coming to obsolete the existing technology. This will cause huge
capital loss for the production process.
The unstable political condition is a big threat for The Nitol Niloy. Hartal or blockage
may result in the delay of distribution of products. It also hampers the regular official
work.
Intense competition
Market segmentation
Government rules and regulation
National and global political unrest
Default culture of credit
Increased competition for market share in the industry
Frequent changes of banking rules by the Central Bank
Market pressure for lowering of lending rate
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CHAPTER 5
Recommendation & Conclusion
5.1 Recommendation:
At the conclusion of the report I would like to say that the Nitol Niloy has practiced the
standard human resource management. Here I have some recommendations that identify
avenues for improving the recruitment and selection policies of Nitol Niloy:
1. Timeliness is an important ingredient in terms of recruitment process. The recruitment
department of Nitol Niloy should look into the matter of consuming less time in the process of
calling the applicants after their responses very seriously.
2. To provide an adequate pool of candidates the organization could use more clear and specific
statements in the ad in terms of the minimum educational degree, preferred institutions and
other necessary criteria based on which the initial screening of the applications were
conducted.
3. To increase the satisfactory level of current interviewing process they can choose group
interview method to cope up the problem. Sometimes recruitment section has to take
interview of a large pool of candidates group interview method can be great solution to this
problem.
4. From the survey we have seen that the organization prefer experienced people in the
selection process. Sometimes they give advantage for the candidates who have experience
even if the positions are not advertised for experience people. This will discourage new
potential graduates apply for the organization in future. The organization should give more
opportunities for fresh graduates.
5. Sometimes the organization provides advantages to the referred candidates. This is also a
bad practice for organization reputation. Sometimes a highly qualified candidates cannot get
the job because of less qualified referred candidates.
5.2 Conclusion:
Nitol Niloy is one of the best trading & manufacturing companies which have seen tremendous
success since its establishment .It has been possible only because of its skilled management,
well trained, dedicated employees and excellent quality products. It has earned very impressive
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operating income over the previous year’s .The Company tries to hold good corporate
governance by maintaining discipline and sincerity all over the organization through its skilled
and dedicated employees.
Nitol Niloy group of company are now one of the most successful industry in our country. They
are trying to increase their business line and their own brand. From this report we will able to
know about the recruitment section of Nitol Niloy group of company. After doing this report I
would like to conclude by saying that it had been a great experience for me. Moreover the
survey that I conducted gave me a stronger and more helpful knowledge about the entire
research. This report may contain few flaws yet I have tried my best to maintain accuracy. I
hope this report can be a helpful resource to use in future.
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CHAPTER 6
Appendix:
Questionnaire:
1. Does the organization clearly define the position objectives, requirements and
candidate specifications in the recruitment process?
a. Agreed b. Disagreed c. Neutral
2. Is the organization doing timeliness recruitment and selection process?
a. Agreed b. Disagreed c. Neutral
3. Does the organization do proper Job Analysis before Selection Process begins?
a. Agreed b. Disagreed c. Neutral
4. Does the Job Responsibilities and Job Description are clearly defined to the
candidates appearing for selection process?
a. Agreed b. Disagreed c. Neutral
5. Does HR provide an adequate pool of quality applicants?
a. Agreed b. Disagreed c. Neutral
6. Is the Resume screening and short listing method used by the organization is
satisfactory?
a. Agreed b. Disagreed c. Neutral
7. Do you think criteria for short listing of candidates used by the organization is
satisfactory?
a. Agreed b. Disagreed c. Neutral
8.How do you rate the Selection Policy of the organization?
a. Good b. Average c. Poor
9. Rate how well HR finds good candidates from non-traditional sources when
necessary?
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CHAPTER 7
References
1. Business Dictionary. “Selection” Business Dictionary website,
http://www.buinessdictionary.com/definition/recruitment.html,accesed March2014
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3. http://www.nitolniloy.com.bd/
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5. http://www.nits.com.bd/
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8110-4088-b360-2e7e22684918&v=&b=&from_search=41
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lecturesheet.com
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2e7e22684918&v=&b=&from_search=36
11. Dessler Gray (2011-12), “Human Resource Management” (10th edition), Pearson, Prentice Hall.
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process-uttara-bank.html
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recruitment-selection-process.html
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process-in-unilever-bangladesh-limited.html
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frooz_Bangladesh_Limited_Page_1