Project Report
Project Report
A PROJECT REPORT
In partial fulfilment for the award of the degree
Of
MASTER OF BUSINESS ADMINISTRATION
ESTD-1983
1
SRI PADMAVATI MAHILA VISVAVIDYALAYAM
(Women’s University)
(Accredited with “A+” Grade by NAAC)
DEPARTMENT OF BUSINESS ADMINISTRATION
Tirupati-517502
(2021-2023)
ESTD-1983
CERTIFICATE OF GUIDE
2
DECLARATION
I hereby declare that work done in the project work entitled “RECRUITMENT”
has been carried by me, in partial fulfilment of the requirements for the award of
Degree of MASER OF BUSINESS MANAGEMENT in HUMAN RESOURCE,
of Sri Padmavati Mahila Visvavidyalayam, Tirupati and further declare that
neither than project nor any part of this project, has been submitted for any degree
or any Academic award anywhere before.
3
ACKNOWLEDGMENT
I sincerely thank all the members of our faculty and non-teaching staff in the
Master of Business Administration Department for their sustained help in my
pursuit.
I thank all those who contributed directly or indirectly in the success execution
of my project.
D. RAMYA SREE
MBA 2nd YEAR
2021MBA07028
4
LIST OF CONTENTS
Synopsis 79-84
Bibliography 85
5
LIST OF TABLES
6
LIST OF GRAPHS
7
CHAPTER-1
❖ INTRODUCTION
❖ INDUSTRY PROFILE
❖ COMPANY PROFILE
8
INTRODUCTION
9
INTRODUCTION
The Concept of Human Resources relates to both the people who work for an
organization as well as the department within a business that is responsible for
the management of all matters pertaining to employees. The Human Resources
department is a vital component within any large company because they are
tasked with functions such as staffing, training, driving organizational
development, and maintaining Human relations. “Recruitment is another
important role associated with Human resources and it is used heavily in most
fields of business”.
Depending on its size, the organisation may leave the responsibility for the
recruitment to different professionals. A large organisation may have a separate
HR department and HR teams to handle its hiring requirements. Smaller
organisations may only have a single hiring manager. Some organisations may
find it more economical to outsource the hiring work to professional recruiting
10
firms. The recruiters may find candidates by posting the job advertisements at
various places, such as company websites, online job sites, professional
networking sites and social media.
Recruitment:
Recruitment aims to attract a diverse pool of qualified candidates, ensure fair and
unbiased selection processes, and align the skills and capabilities of the
individuals with the organizational needs and goals. It plays a critical role in
shaping the workforce of an organization and contributes to its success by hiring
talented individuals who can drive growth, innovation, and productivity.
1. Job analysis
2. Sourcing
3. Screening
4. Selection
5. Background check
6. Decision-making
7. Job offers
Meaning:
Recruitment is finding the right people for the right job and establishing a strong
foundation for building a skilled and capable workforce that aligns with the goals
and objectives of the organization.
11
Definitions:
“Recruitment is the process of finding and attracting capable applicants for
employment”
- Michael Armstrong
12
INDUSTRY PROFILE
13
INDUSTRY PROFILE
Introduction to Consultancy
A professional service firm that provides expertise and specialised candidates
for a fee, through the use of consultant. Every company is bound to have
problems, consulting firms are contracted to solve them. Many consulting firms
complementing the recommendations with implementations support, either by
the consultants or by technicians and other experts. The Gross Domestic product
(GDP) contribution is 21% over the Year 2022.Consultancy firms use three
primary revenue models: fee-for-services, project-based services and per-unit
services.
Some of the Consultancies are;
1. Management consultancy
2. Financial consultancy
3. IT consultancy
4. Marketing consultancy
5. Human Resources consultancy
6. Legal consultancy
These consultancies aim to help business optimize their workspace and create
productivity to work environment.
The consultancy industry plays a vital role in providing expert advice, guidance,
and solutions to business across various sectors. Consultancy firms assists
organizations in improving their performance, solving problems, and achieving
their strategic objectives. This industry is characterized by its diverse range of
services, which can include management consulting, IT consulting, financial
consulting, human resources consulting, marketing consulting, and more.
Growth in global trade has rebounded from the very low levels of the recent
recession. This fueled demand for consulting of all kinds, including
14
management, HR, industrial and technology. Such nations as Korea, Taiwan,
China, Singapore and Indonesia are providing a wealth of new work for
consultants.
1. Digital transformation:
3. Cybersecurity consulting:
15
The rise in cyber threats and data breaches has created a significant
demand for cybersecurity consulting services. Organizations require
expertise in assessing vulnerabilities, developing security strategies, and
implementing robust cybersecurity measures.
1. Competition:
16
packages, provide continuous professional development opportunities,
and foster a supportive work culture to attract and retain skilled
consultants.
5. Regulatory Compliance:
Consultancy services:
17
Our consultancy is designed to help you achieve clear business goals and to
provide different services.
1. Technology services
2. IT consulting services
3. HR consulting services
Technology services:
Technology services to provide significant benefits to our clients, helping them
stream line their operations by maximizing the Scalability and flexibility. Our
partnership has helped our clients in Increasing their productivity, reduce costs,
enhance security to achieve their business goals.
✓ Cloud Computing
✓ Cyber Security
18
✓ Data Analytics & Business Intelligence
Cloud Computing:
Cloud computing refers to the practice of using remote servers hosted on the
internet to store, manage, and process data instead of using local servers or
personal computers. It allows users to access a wide range of computing
resources and services over the internet, on-demand and with pay-as-you-go
pricing.
In cloud computing, data is stored in data centres maintained by cloud service
providers.
These providers offer various services:
1. Infrastructure as a service (IaaS)
2. Platform as a service (PaaS)
3. Software as a service (SaaS)
Cyber Security:
Cyber security is crucial as cyber threats continue to evolve and become more
sophisticated. Threats include malware, phishing attacks, ransomware, data
breaches, and social engineering attempts. Organizations and individuals must
proactively implement robust cybersecurity measures to protect their assets and
information from these threats.
Here are some hey aspects of cybersecurity:
1. Confidentiality
2. Integrity
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3. Availability
4. Authentication
5. Authorization
6. Network security
7. Endpoint security
8. Data protection
9. Incident response
10.Security awareness and training
11.Vulnerability management
The internet of things has the potential to revolutionize various industries and
aspects of daily life. However, it also raises concerns regarding privacy, data
security, standardization, and the potential impact on employment. It is
20
important to address these challenges to fully realize the benefits of IoT while
ensuring a secure and sustainable IoT ecosystem
Data analytics:
1. Descriptive analytics
2. Diagnostic analytics
3. Predictive analytics
4. Prescriptive analytics
Business intelligence:
1. Data exploration and discovery
2. Performance measurement and monitoring
3. Reporting and dashboards
4. Data collaboration and sharing
21
IT consulting services:
IT consulting services have provided many benefits to our clients, allowing
them to optimize their IT infrastructure, improve efficiency and productivity,
mitigate risks, and gain a competitive advantage in the digital era.
IT consulting services are advisory services that help clients assess different
technology strategies and, in doing so, align their technology strategies with
their business or process strategies. These services support customers’ IT
initiatives by providing strategic, architectural, operational and implementation
planning.
Strategic planning includes advisory services that help clients assess their IT
needs and formulate system implementation plans.
3. IT Project Management
22
Cloud Computing and digital transformation are closely linked and often go hand
in hand. Cloud computing is a critical enabler of digital transformation initiatives
for organizations.
IT project management:
25
with stakeholders, enhance resilience, and safeguard the organization's
reputation.
Here are the key aspects of security and risk management:
1. Risk Assessment
2. Risk Mitigation Strategies
3. Security Policies and Procedures
4. Incident Response Planning
5. Security Awareness Training
6. Compliance and Regulatory Requirements
7. Security Monitoring and Incident Detection
8. Security Audits and Assessments
9. Vendor and Third-Party Risk Management
10.Continuous Improvement
HR Consulting services:
HR requirements of various industry domains and have the potential industry
expertise to deliver the core HR requirements accordingly in terms of reduced
costs, time to deliver, mapping the right talent, scalability, Quality Assessments,
Payroll & administration.
2. Performance management
4. HR Technology
Recruitment and staffing involve the processes of attracting, selecting, and hiring
qualified individuals to fill vacant positions within an organization. It is essential
for organizations to have effective recruitment and staffing strategies to ensure
they have the right talent in place to achieve their goals.
27
recruitment and staffing practices, organizations can attract and select high-
quality candidates who align with their organizational objectives and contribute
to their success. A well-designed and executed recruitment and staffing strategy
helps build a talented and motivated workforce that drives organizational growth
and competitiveness.
Here are key considerations in recruitment and staffing:
1. Workforce Planning
2. Job Analysis and Job Descriptions
3. Sourcing Candidates
4. Screening and Selection
5. Candidate Evaluation
6. Onboarding and Orientation
7. Talent Development and Retention
8. Employer Branding
9. Compliance with Employment Laws
10.Continuous Evaluation and Improvement
Performance management:
28
1. Goal Setting
2. Performance Expectations
3. Ongoing Feedback
4. Performance Reviews
5. Performance Evaluation and Rating
6. Development Planning
7. Recognition and Rewards
8. Performance Improvement
9. Performance Data and Analytics
10.Continuous Improvement
Compensation and benefits refer to the rewards and perks provided to employees
in exchange for their work and contribution to an organization. It includes both
financial and non-financial components that are designed to attract, motivate, and
retain talented employees.
29
9. Performance Appraisals and Recognition
10.Regular Review and Evaluation
HR technology:
30
Training and Development:
Training and development initiatives help attract and retain top talent, foster a
culture of continuous learning, and drive innovation and growth.
Here are key considerations in training and development:
1. Needs Assessment
2. Training Design
3. Training Delivery
4. Employee Engagement
5. Leadership Development
6. Continuous Learning Culture
7. Performance Support Tools
8. Evaluation and Feedback
9. Career Development
10.Return on Investment (ROI) Analysis
31
COMPANY PROFILE
32
COMPANY PROFILE
Our journey:
Since our inception, we have been driven for a passion for technology and a
commitment to empowering business with cutting-edge solutions. Our journey
began as a small team of dedicated professionals with a vision to revolutionize
the industry through innovation and customer centricity.
33
The company collaborates with business and societal leaders to help them address
their most pressing challenges and seize their most promising opportunities.
The company journey started from contract staffing service provider and after a
decade, the company entered into consulting for myriad technologies ranging
from application development using Java, Mainframes, Oracle Identity Manager,
ServiceNow, PAM, SailPoint, Oracle Access Manager to state of SMAC
technologies.
34
Strategic Road Map
35
Current state Assessment - Assessment of current practices, process and
systems
Future state vision - Set smart goals through industry benchmark, and best
practices to shape the future state vision.
Gap Analysis - Analyse the gap between the current state and the desired future
state of the function.
36
Project at a Glance:
2. Outsourcing services
3. HR services
37
CEO and Founder - M Ratna Subhakar
Number of employees - 93
38
Vision:
To be the leading provider of innovative technology & HR consulting solutions,
empowering organizations to maximize and achieve their human capital & digital
transformation objectives in the rapidly evolving world.
Mission:
Our mission is to partner with organizations to deliver exceptional technology &
HR consulting services that empower business to leverage the full potential of
cutting- edge digital solutions to optimize their business practices and growth.
39
CHAPTER-2
❖ RESEARCH METHODOLOGY
40
NEED FOR THE STUDY
41
OBJECTIVES OF THE STUDY
➢ To understand the process of recruitment in the TMSPL.
➢ To suggest effective approach for Recruitment.
42
SCOPE OF THE STUDY
It analyses the services provided by the TMSPL to the clients and recruitment
process followed.
43
RESEARCH METHODOLOGY OF THE STUDY
conclusions in form of recommendations. The data has been collected from both
Source of Data
1. Primary data
2. Secondary data
Primary Data
Secondary Data
Data was collected from web sites, going through the records of the organisation,
etc. It is the data which has been collected by individual or someone else for the
44
purpose of other than those of our particular research study. Or in other words we
can say that secondary data is the data used previously for the analysis and the
Kind of research
The kind of research has the primary objective of development of insights into
the problem. It studies the main area where the problem lies and also tries to
evaluate some appropriate courses of action.
Sample Design
Tools of Analysis
The data collected from both the sources is analysed and interpreted in the
systematic manner with the help of statistical tools.
45
LIMITATIONS OF THE STUDY
46
CHAPTER-3
❖ CONCEPTUAL FRAMEWORK
47
CONCEPTUAL FRAMEWORK
Introduction:
Our consultancy firm is embarking on an exciting recruitment project aimed at
sourcing and selecting highly skilled professionals for our clients. As a trusted
partner in recruitment, we understand the critical role that exceptional individuals
play in driving organizational success. This project seeks to identify, attract, and
onboard top talent across various industries and functional domains.
Project Scope:
Client Engagement:
We will collaborate closely with our clients to understand their specific talent
requirements, organizational culture, and strategic objectives. This will enable us
48
to align our recruitment efforts with their unique needs and provide customized
solutions.
Sourcing Strategy:
Candidate Presentation:
Interview Coordination:
49
practices. We will gather feedback from both parties and facilitate the decision-
making process.
Ethical Considerations:
50
deliverable is the successful placement of highly qualified candidates who meet
our clients' expectations.
SOURCES OF RECRUITMENT:
Sources of recruitment refer to the various channels and methods through which
organizations attract and identify potential candidate for job openings.
Organizations often utilize a combination of internal and external sources to
attract a diverse pool of candidates with the desired skills, experiences, and
cultural fit. The choice of recruitment sources depends on factors such as the
nature of the job, industry, geographical location, and organizational priorities.
1. Traditional recruitment sources
2. Modern recruitment sources
51
1. Internal sources
2. External sources
Modern recruitment sources harness technology, social media, and data analytics
to attract and engage candidates in innovative ways. By leveraging these sources,
organizations can expand their candidate reach, improve efficiency, and enhance
the overall recruitment experience.
1. Internal sources
2. External sources
52
Sources of
recruitment
Traditional Modern
recruitment recruitment
sources sources
1. Consultants 1. E-recruitment
2. Employee references 2. Out sourcing
3. Professional 3. Employee reference
organizations 4. Walk-in
4. Casual applicants
53
CHAPTER-4
❖ DATA ANALYSIS
54
RECRUITMENT PROCESS AT TEAMMINDS SOFTWARE
PRIVATE LIMITED(TMSPL)
Geographic Representation
55
IV.1. OPINION ON WORKING CULTURE IN TEAMMINDS
SOFTWARE PVT. LTD(TMSPL).
TABLE NO IV.1: Working culture in TeamMinds Software Pvt. Ltd.
Group No. of Respondents Percentage
Excellent 15 27.77
Very good 21 38.88
Good 10 18.51
Average 8 14.81
Total 54 100
Working Culture
45
40
35
30
25
20
15
10
0
Excellent Very good Good Average
56
IV.2. OPINION ON STRATEGIES FOR AN EMPLOYEE TO
SOURCE POTENTIAL CANDIDATES
40
35
30
25
20
15
10
0
Job portals Social media References All the above
INTERPRETATION: Job Portals, social media and References are used for an
employee to source potential candidates.
57
IV.3. OPINION ON THE WAY OF NEGOTIATION WITH
CADIDATES BY THE HR IS IMPRESSIVE.
TABLE NO IV. 3: Negotiation with Candidate
Group No. of Respondents Percentage
Strongly agree 45 83.33
Agree 9 16.66
Disagree 0 0
Strongly disagree 0 0
Total 54 100
Negotiation Way
90
80
70
60
50
40
30
20
10
0
Strongly agree Agree Disagree Strongly disagree
58
IV.4. OPINION ON E-SOURCING TO RECRUIT RESOURCES.
TABLE NO IV. 4: E-Sourcing to recruit Resources
Group No. of Respondents Percentage
Strongly agree 40 74.07
Agree 9 16.66
Disagree 5 9.25
Strongly disagree 0 0
Total 54 100
70
60
50
40
30
20
10
0
Strongly agree Agree Disagree Strongly disagree
59
IV.5. OPINION ON CONDUCTING AN INDUCTION
PROGRAM.
TABLE NO IV. 5: Conducting an Induction Program
Group No. of Respondents Percentage
Yes 54 100
No 0 0
Total 54 100
Induction Program
120
100
80
60
40
20
0
Yes No
60
IV.6. OPINION ON CONTRACT BOND SIGNED BY
EMPLOYEES.
TABLE NO IV. 6: Contract bond signed by employees
Group No. of Respondents Percentage
Yes 0 0
No 54 100
Total 54 100
100
80
60
40
20
0
Yes No
61
IV.7. OPINION ON GIVING SUB-VENDORSHIP TO OTHER
COMPANIES.
TABLE NO 7: Sub-vendor ship to other consultancies
Group No. of Respondents Percentage
Yes 54 100
No 0 0
Total 54 100
Sub-Vendorship
120
100
80
60
40
20
0
Yes No
62
IV.8. OPINION ON REFERENCE PROVIDED BY THE
CANDIDATES ARE VERIFIED.
TABLE NO 8: Reference provided by Candidates
Group No. of Respondents Percentage
Strongly agree 41 75.92
Agree 13 24.07
Disagree 0 0
Strongly disagree 0 0
Total 54 100
Reference Verification
80
70
60
50
40
30
20
10
0
Strongly agree Agree Disagree Strongly disagree
63
IV.9. OPINION ON COMPANY POSTING POSITIONS ON
DIFFERENT WEBSITES.
TABLE NO 9: Posting positions on different websites
Group No. of Respondents Percentage
Yes 54 100
No 0 0
Total 54 100
100
80
60
40
20
0
Yes No
64
IV.10. OPINION ON RECRUITMENT POLICY PLAYS A
KEYROLE.
TABLE NO 10: Recruitment policy plays a key role
Group No. of Respondents Percentage
Strongly agree 45 83.33
Agree 9 16.66
Disagree 0 0
Strongly disagree 0 0
Total 54 100
Recruitment Policy
90
80
70
60
50
40
30
20
10
0
Strongly agree Agree Disagree Strongly disagree
65
IV.11. OPINION ON IMPORTANT SKILLS FOR RESORCE
BEFORE RECRUITING INTO A JOB.
TABLE NO 11: Important skills for a Resource before recruiting into a job
Group No. of Respondents Percentage
Communication 3 5.55
Subject knowledge 6 11.11
Both a and b 45 83.33
None of these 0 0
Total 54 100
GRAPH NO 1\1: Important skills for a Resource before recruiting into a job
80
70
60
50
40
30
20
10
0
Communication Subject knowledge Both a and b None of these
66
IV.12. OPINION ON ROLE OF ACADEMIC MARKS IN
RECRUITMENT PROCEDURE
60
50
40
30
20
10
0
Strongly agree agree disagree strongly disagree
67
IV. 13. OPINION ON RATING FOR RECRUITMENT PROCESS
IN TMSPL
50
40
30
20
10
0
Very good Good Bad Very bad
68
IV.14. OPINION ON DEVELOPMENT OF CHATBOT IN
RECRUITMENT.
TABLE NO. IV. 14: Development of Chatbot in recruitment.
Group No. of Respondents Percentage
Strongly agree 38 70.37
Agree 16 29.62
Disagree 0 0
Strongly disagree 0 0
Total 54 100
Development of Chatbot
80
70
60
50
40
30
20
10
0
Strongly agree Agree Disagree Strongly disagree
69
IV.15. OPINION ON PRIMARY PURPOSE OF USING OF
CHATBOT IN RECRUITMENT.
TABLE NO IV. 15: Primary purpose of using a chatbot in the recruitment
process
35
30
25
20
15
10
0
To replace human To automate and To conduct in- person To evaluate candidates
recruiters entirely. streamline candidate interviews with based on their
interactions. candidates. appearance.
70
CHAPTER-5
❖ FINDINGS
71
FINDINGS
➢ It is found out that, 27.77% employees said that working culture is good
in TeamMinds Software Pvt. Ltd. and 14.81% employees said that
working culture is average in TeamMinds Software Pvt. Ltd.
➢ 42.59% employees said that they are using these strategies like job
portals, social media and references to source potential candidates.
11.11% employees said that are using references to source potential
candidates
72
➢ 83.33% employees strongly agree to good recruitment policy play a key
role in organisation; 16.66% employees agree to good recruitment policy
plays a key role in organisation.
➢ 42.59% employees said that Artificial intelligence (AI) plays a vital role
in improving the effectiveness of automated screening systems. 9.25%
employees said that Quantum computing plays a vital role in improving
the effectiveness of automated screening systems.
➢ 35.18% employees said that the primary purpose of using a chatbot in the
recruitment process is to automate and streamline candidate
interactions.14.81% employees said that primary purpose of using a
chatbot in the recruitment process is to evaluate candidates based on their
appearance.
73
SUGGESTIONS & CONCLUSION
SUGGESTIONS
NLP involves several key steps to understand, interpret, and generate human
language using computers.
➢ In the TMSPL, the salaries are low for staff, if it is Increased the people
can work better with new concepts and Technologies.
74
CONCLUSION
75
ANNEXURE
76
QUESTIONNAIRE
10. Is there any contract signed by employees while joining the company?
a. Yes
b. No
11.Does the company post position on job sites and internet searches?
a. Yes
b. No
78
SYNOPSIS
A PROJECT REPORT ON RECRUITMENT AT TEAMMINDS
SOFTWARE PRIVATE LIMITED
External Guide
Mrs. K. Hima Bindu
Presented By
D. Ramya Sree
Reg No: 2021MBA07028
MBA 2nd Year
79
INDUSTRY PROFILE
CONSULTANCY
A professional service firm that provides expertise and specialised candidates
for a fee, through the use of consultant.
Every company is bound to have problems, consulting firms are contracted to
solve them.
Many consulting firms complementing the recommendations with
implementations support, either by the consultants or by technicians and other
experts.
The Gross Domestic product (GDP) contribution is 21% over the Year 2022.
Consultancy firms use three primary revenue models: fee-for-services, project-
based services and per-unit services.
Some of the Consultancies are;
7. Management consultancy
8. Financial consultancy
9. IT consultancy
10.Marketing consultancy
11.Human Resources consultancy
12.Legal consultancy
These consultancies aim to help business optimize their workspace and create
productivity to work environment.
80
COMPANY PROFILE
Number of employees - 93
81
Clients of the company - Ford smart mobility, Techno identity, value
labs, Learn It Hub, Credence, Accenture,
Davis ware, Macronel, Soms-India software,
Concourse solutions, Zon innovative IT
solutions Pvt Ltd, Sebone technologies,
CGSL, Smart Net IT solutions, Varisthe,
Infracom Pvt Ltd, Peach imports, Kirweti
soft technologies Ltd, Wave labs, Indian
eagle, Just dial, P99 soft digital services,
Cloud 4C, Hail trip, Ananth technologies,
Formonic, Cyber core solutions, Aifa labs,
Xecom, Radiant technologies, Revalsys,
Tech cloud pro, Mahathi solutions, Daintree
Technologies, Dicelogic Technologies.
Vision
To be the leading provider of innovative technology & HR consulting solutions,
empowering organizations to maximize and achieve their human capital &
digital transformation objectives in the rapidly evolving world.
82
Mission
To partner with organizations to deliver exceptional technology & HR
consulting services that empower business to leverage the full potential of
cutting- edge digital solutions to optimize their business practices and growth.
RESEARCH METHODOLOGY
83
Secondary data: Secondary data was collected from websites, going through
records of the company.
CONCLUSION
It is concluded firstly is that with the help of analysis, feedback generated through
questionnaire found that company is following an effective recruitment process.
As per the study, out of various methods of sourcing candidates, the best one is
getting references via references and networking. Where the role of HR and
relevant traits she finds in the candidates.
84
BIBLIOGRAPHY
TITLE AUTHOR
Websites:
www.teamminds.in
www.google.com
www.wikipedia.com
www.recruitment.com
www.consultancy.com
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