Project Model
Project Model
Submitted by
1. CHARAN KUMAR D (REG.NO:22UCPA004)
2. JANARTHANAN S (REG.NO:22UCPA014)
3. MAITHREYAN K (REG.NO:22UCPA027)
4. SAFFAN MARSATH M (REG.NO:22UCPA040)
5. SANJAY MOORTHI M (REG,NO:22UCPA043)
Under the Guidance Of
Dr. G. GOMATHI M.Com., Ph.D., ASSISTANT PROFESSOR
OF CORPORATE SECRCTARYSHIP WITH CA AND PROFESSIONAL
ACCOUNTING
ABINAVA.A
AKTSI3AYA.S.S
SRJDfIAlIS1IINI.A
CON5’rN3’S
I1A1'TER
NO TITLE
NO
INTRODUCTION
4 DATA ANALYSIS 16
BIBLIOGRAPHY
ANNEXURE zs
*tns+nac r
Benei’ i'ecruitiiient alsd selection sh‘ategies i'esrilt in im{aroved organixational outcome›.
Recruiiiiient and Selection has been Prepared to put a 1ight on the Ilecru itment and Select
ion Process. The main objective is to identify Oeneral practices that organizations use lo recru il
ilFl Select eiiiployees and, to determinehow the
recruitment and selection practices at tier Organizational outcomes Effective
recruitment, selection and retention are critical organization success. They enable Coiiipanies
to have performing employees ho are satisfied w ith their jobs.
thus contributing Positively to the organization.
ygSçjtlFCCS
lltiiiinii€ÍC|3ürtl11Ct1t iï1ay l3c rCsÇOnSiblc
rcsotircc itanagcrNciit (1 I ttM)rgis a fjç|| fj@ ¿/jt]
strate¡Jic ;jttrac tinct‹i
approach fjufl I ÏÚCtÍ CüN€Í III tC ’”
mana0inií
j¡1\,t1| VCS t|1C i”tú rLi i(lÏÏt l1[, SCÍCCI iolj, (fi ¡f1j l1@, t]C yC lo|jm n t,
ens ›rc i‹• crnpí‹›yccs 'Arc
yç| |-CC|Ui|3|3ttl, I11tJ(lVfl(Cd, nl1d ¿li@i1cd \v i[| (l1C OF ;jçl|,¿aticn“¿ ¿f›fi IS úFlLÍ culturc. “Fh« human
l1kM oftcn nvcrsccs this proccss along with mnnagcrs from thc spccific dcpartment that YES (he
cpcnin . Dc|›artnzent l11arIagCrS l1ftnd ie technical intervictvs and yMhJcct ptrtist, ›•hile the ’J’‘
manager llaMd Ics tasks such as vcri £ying prior cmploymcnt anJ sa lary negot iat ÍOnS.
I4RM focuscs on brínging in (rccrtiiting) ncsv cmployees with new ta lents for the company and
Managing Cn›|› loyeCS. Ai othcr Function is to iu id c, anJ hel p said cm ploycc9 fry provid ink direct ion
when izcccssaiy. In a large organization, with a lot of people, it is important to havc a department
ih«t specifically focuses on staff issues. Thcse issues are things likc hiring, performance
managemcnl, organizational development, training, occupational health and safety. motivation
incenti ves, communication, workplace culture, and environment
’to exam ine the factors influencing stress amond employees work ing for
4
j.3. NEEI3 Or 3’lIfi STUHY:
"" "* ”’* b'h bG(*VC f* t! O Cill’r«lll i)l1‹l mi test lcCl1i1Ít| uci. i1)«l!1t**l^ !!**!
“ A I íll}'ZÍItg (I1C rCCrLli(IJ1CI1( |3OI ¡C¡CS, j3rOCcSsos, nritl |3F0Cc¢lll rc.s o/” IIIC
organization.
itrsraitcii ›ira“IIODOLOGY:
Reseiircli niethodology is a way to systcmoticnlly solvc rescarch prol›lc ris. II is a
science of stu‹lying hoc rese:irch is done scientifically.
SOURCE OF DATA:
sources.
Date is collected from both primaryand secondary
5
been tO tlıu *Ö0l tlGl1tS |jy [|jg
c‹ırclt.
szM1'LING TECIINIQULS :
Saınpl ing-TcChn ivy tlcs İS
l*›r II!* r«scurcIı ‹›r st ı‹Iy
tltısed-endcd tltıestions to
I\J0llJnd \vtl$ \ıscd dur
C011CCl ing in!ol’ıufıtiOrl frolşı tjlc
N ııebcr uf rcspon‹lcnts
X 100
1*utnI numbcr of‘rcspontlunts
6
ÜroûlC iï |+¢rsttjyc g |y
cullpÙura(it1i1, imlov, (ion
OVClTicnt. üncnurage open comm rinication.
ridset ironment whcrc cmployecs feel empo»ered
kccruîtmcnt is a lengthy process, and the recruitment agency might take a lot of
tinzc to find Une con ect candidates. A recruitment team isn*t helpful when you
want a candidate to fill a vacant position immediately.
I Iiring a recruitment team for finding candidates for project ivoi'k isn't ideal Not
practical for temporary hires; I-firing a recruitment team for finding candidates for
project work isn't ideal since the person is only going to work for a limited time.
So, you will only have to bear the load
7
”'**”’”'^!’^ '!!'lith’I«i*.u"il‹'Ai.h i,’i’i›, i‹i:i‹xi.A.
p¡ncleods l'luurruieeulicnls I.’l’lj ¡t ti i¡¡›¡ -$t¡v¡ ctH›1|›tlIIj/, Ílicc1r|1tIFiI(¢itl i›fl ()4 )iittifi I'!*'!' !! ’
t *Eco!) isi icss from ltist 33 yciirs iiiitl currently, cutiit›‹t i7 • fi**' "" *
CIN
Date of lllCO£țJOfiltİOU
Status
l
coinpaR}•Category
thereof)
Authorized Capital 2500.I In
Paid-up Capital l ‹79fi.pŸ ÎtlÍillS
8
2.1.courANYriioriLc:
MACLEODSI'JJ
ah acruTIcA‹.S LTD, KEJtA‹.A.
Macleo‹ls Pliarinaceuticals Ltd opcrates as global pharmncc itical ccmpan/, The
a
c •iP•• ydevelops, manufactures,a»d m+rkets c wide rcnge of” plinrinaccutical prodtiCtS ocro5S
therapeutiC creas including anii-iiifective, cardiovascolar, anti-diabetíC,
d• atolOgy, Wind hormone trcatrt¡ept. MaClcods Pliormiiceuticals scrvcs custotT\els W0t!¢! *•
li offers dispersible, bilayered, coated, uncoated, and enteric coated tahles: hard anÚ S0fÏ gt!*!
capsuJes; dry powder injections and syrups; and granulcs cnd líquid ornls. “i he company p«'*C•
products in various therapeutic groups, such as anti-infcctive, cardicva.scuIar, CNS, rCsFir+tor7’
etc. Macleods Phcnvaccutic8ls Ltd is an um istcd public company incorporatcd Oli 03
June 1989. It iS classified aS a public limiten companyand is located in Mtlmb8Í, Míl#ai:ishtra.
lts I tr rized shdfC Gapital is INR 65.00 cr and the total paid-up capital is INR 39.88 cr.
Macleods PhMTflilCCUÏlCOlS Ltd.’s operating revenues range is Over INR 500 cr for the
finaflüial year ending on 31 March 2021. Its EBITDA has increased by 26.50 % over the
previous year. At the same time, its book net worth has increased by 27.20 %. Other
performance and 1iqiii‹lity.
pescri¡itiOf1'
Cȕcgo y:
Manufacturer
9
.
•.i.ritoDUCT PROl°l LE:
UlSSIOU
To conlribute towards improving patients' quality of life across the globe, by providing effective
and accessible medicines.
10
3. Jlarv;;ş
3.1 JECURITíYJ
ENT AND
SELECTION
Selection is important, the reason being, hiring of good resources can help in increasing the
ÿtJormance of the organization. Both the processes uf recruitment and selection are
overkill
considered imponant for the effective functioning of the ordanizations, and they take place
siinrlltaneously.
The recruitmenl and selection of the individuals within the organizations result front a thorough
dßd ílSystematic process. The employees need to possess complete knowledge of the strategies
and methods that are required to get implemented for recruitment and selection. LegisIatio» and
8• d practice and the range of rccruitirient sources and selection i11etlzo‹ls as well as possessing
abilities in interviewing and Cval\iating potential employecs hlt;hIight the
oFrecruitment and selection .
11
.1 cnn ensut
Ht SOC tions*nd
+‹›rkcrs oiher 'ndi icltJals hclonging to
\Vltl1ÏIJ tl10 Orgjjt§
• tt mars ›vIicn jobs !**îÏOI1. The tO «f the
tt¢ryJnj Candidate.
!" ng ' Wplnycc pcssimism
but ig ‹• ii‹„lie job
the @* flÎiofî DäS afrCady seteclcd
mcticcs generats
isjusi a forinalily ith less real g employees, when they believe the job
¡ the and sclection proces s dVil ncerttent (GuJorf, 2008). The elemerits
s h9ve Im
peratÏve Contributi
v ›itable candidates /OLthe giVf2q ons tO make in helping find
OStS. The eleme
FIIS have been stated as £ollows:
Re roitine nt and Selection, from } f2
C ert3l* expectations from their em their em loy
ployees reg ard
eein
s, gwit#¡
perfor’*
p
manc^g+3iz Ittion, the employers have
e of job duties, and they expect
e,p tg inculcate the traits of regularity,
preativity. The other areas that need to be *I!igence, resourcefulness, c onscientiousness and
C taken into COnsideration are the characteristics of the
j0b. Thèse include training, work experience, skills
»d knowledge,physical attributes, personality
comd munication skills and personal Cl£CUl
«ructu re questions based on the profite of the etrlp nce
Tista eJopment and utilisation o well-
ygs. Dev
the true personality of the candidate.
eS
bill help in getting a better insight où
j3
2013).
.Job Vacancy — The first step is when vacancy arises within the
organization. One should be aware
f the vacant positions and by when they should get filled With
capable employees. Job vacancy
enables the individuals to determine the factors, such as,
redesigning, or initiating part time
tmployment opportunities for the individUâls. In some cases,
vacant positions rriay get filled with
çralifîed candidates rapidly, whereas in others, it may be a time-consuming process. One should
jmplement measures to reduce the risks £tSSOCiated with recruitment. TÏie existing employees
should see that there is a potential career ath within the organisation, which may motivate them
to stay longer.
Attracting Candidates — In attracting candidates for the jobs, there are two important sources that
need to be taken into consideration, internal recruitment and external recruitment. In thg case of
int¢rnaJ recruit a em, the /oJJowing advantages are, it reduces recfuitment costs, internal
cmployces are already familiar with aJl the aspects of the organization, its goals, objectives etc. It
can act as a iTl0tivatJng factor for o\yers in the business by displaying that it is possible tu acquire
piomctioncl
opportunities and the einployers are already faiiiiliar with the person, within the orgonizotion.
Sources où external recruitment includc websites, advertisenzents in nc›vspapers, journals.
**S»zines, recruitment ageiicjes, consultants, eiiiployiBent fairs, iind seniinars.
Candidates — Th
iewing candidates inclucl e"•,iljjp
f2
«»t ûS
interview, ensuri•s that the C8fldÎd ro
otcs P perq ¡Cg **harding the ‹lGtc nnd time
tin
that they are clear where 8 thüt the the premiscs on
'°â°a»d WlâOtri they
mat they are aware o should cpqtnct ‹ n nrrivn nnd
fthe doc IO b0 brought l
clong in the interview.
Obèse aspects contribute in prepppjp the candidates on
the coinp|/tq
qiployers or the interviev›ei"s need to review bflSÏS for the interview. The
e
the candidates. the resu
!£e and VIII the job üpplicati«ns
before
lt is vital to implemen t¡
tony can be completed on tiiiie. Selecting and A SkillS for the intervie\v p
rocesses, so thnt
ppointin candidates
ird appointing candidates are different in organizatio — ThC )nethocls oùselccting
nS. The procedures genernlly incltide
the steps, SUCh as, the selection of the candid>/C, verbal
medÏCal coinpleted if appropriate, send ing of Wmunication of lois or lier appointiztent,
*PP irltlrient )etters /lFitî signing the contract.
Selecting and appointiRg Citfldldates d
Jpb vacancies are to be urgently filled,epen d upou the tirgeiicy Of Setting
then selecting nnd the vacancy fillcd. FYhen
•Ppointin;; of candidrttesinny take pince
¡pmediately after the interviews. ln
candidat es nre fippointed on on
btsis, after their selection and other forrnalitie
s, iiT›medinte ppointlnent lettcrs or
such
tontract. siyning the
Induction and Training — IfldUctio
n is the process où
the employees, after they leave been selected and providin receiving nnd ›veIcoming où
g them
setile down adequatel y. Induetiori has three airns,to Srnooth the required troining needed
to the early stnäes, when everything
is
be extrnordinary and unfamiliar to the new employees. To establish
likely to a Positive uttitticle of
tem organization within the mind-sets of the employees, so tlint they rire
the and to obtain effective P0riodlikely to stay
cf” tiillc. for n long
Trt\iniljÿ is
reftrred to niaking use of metliods and strntegies to enhance
the n\varencss. ki owlcdge ancl
information ainong the employees. Various training rrielliods
'>* *le• role plat s. vcstibti le trtiinin3.
field visits, and lectures.
The employeesshould receive on the job nnd rrtlzejob trnining to gencrate iizfori»nticn regni'‹Jing
nnd yerformnnce ol”joh ùiitics. *Elle mnin pfirpcse of"trniriilJy is to bnlnncc
thc necJs mind requirements of the organizations nnd hfinznn resn\irces. hnJt lcyee Evnluntioi —
Monitoringthe yer£ormance of the ciTiployccs is an csseiJtinl nspcct \vitlJin the or ‹iilizntiotj. It ¡¿
'^ *^^*D' to evaltlilte tjzC employees froljj tiI1J0 to tÏl1Je in ord¢r tn ITionitol” uni» iaculz cr t n["
and their performance. The mctl cc1s où tmployue uvnlHntion )›clp in idulJtiFyiny the
ilptj the jneasures }§'j{ tre requi)’ed to get ÎIJ)Q)CIIJOIJIC£J IO ÎlJJJâfOVO• tlltll4. ÎVÎOl)ÎÎOpjjj@
performance of the employees is stated nS nlJ Of1-poing octivity tind new eiii{iloyecs ccii be
trainedin a fr
otter way to enfance productivity.
*’ *’ ÎU2t IOI1 Can tell wl›ctIJcr the rccruitmcnt tx"occsS iS \Vorkiilg officiel tly or ‹ire there
13
!l * urynnix:ttic›ns, This i»
‹’rt;*›niïnti‹›nnt gnaJs and
¡j{ptclll tllltl SA lcGt Î tell fl¡ p
nfl¡Ililtf‹»3 tOlll{)}j{y{}Qp}
Etliiciil ciiiisit1er:itioiis:
” 14
company. EÏTectÎ Iûl for
ve ’!*< lon -ter
yotentiol candidates «nd pliarmacevtie«I
succession pl,qq¡g rte deyt; gFOC
ËU(CSses idcnlify high-
*‘ ure !*adersIjjp
roles through
“ E”"ca’ co^sider*tions:
15
The ahove tahle reveals the distribution of respondents on the basis of their .Age. Out ot” -tfi
respondents 67% of the age categories, 27% of the respondents are coming under 23-
30 a_e category, 6% Of the respond
Hence it iS COncluded that 30% Ofents are comin3 under o I -40 age catego ’.
the respondents are coming under be low’ 25 .
Chart Title
7 a» -— . .... _ _ _
16
}tie ab0**
table reveals the distrib«t
ion of Ur res
indents 60% of the gender are mg l pondentson
h Catego
the basis O
er female. Hence, it can be Conclu V,emyyp Ftheir gender.are
FCSponden Out
ded that
60% F t
O he ts
tender are male.
CHART 4.2
GENDER OF
RESPON{}ANTS
£ZALE
FEMALL
17
ygLE4.3
DESIGNATION OF THE RESPONDENTS
INTERPRETATION:
The above table reveals the distribution of the respondents on the basis of thcir working
te3ory. Out of 45 respondents 49% of the respondents are coming under the category of
employees, 15% of respondents are coming under the category of supervisor, l I % of the
respondents are coming under the category of Manager, 9% of respondents are belongs to the
category of LIR,7% of the respondents are colring under the categoi y of chemical enuineer, other
categories like Director, Team leader, critical analysist, electrician are remains 2% for each .
30.W”/
10.00*4
00Ow
M/ NAGER SUPERVISOR EMPLOYER CHEMICAL OTHEhS
£ NGINEER
¥s Series 1
18
INCOMr. or viir ns:sroNl)ItNTS
ly No of Responilents
t3eloiv 10000
10000-20000 36%
20000-30000
30000-50000 10
TOTAL
OLIt
T he «bove table reveals the
distribution of the respondents on the basis of their Income.00s
havi ng Rs.I 0,
po dents are having below Rs 10,000, 36% of the respondents artof the respondents
$¿ 11%
O
feS f1 respondents are having Rs.20,000 - Rs.30,000, 22%
f the
is.20,000, 31% o Rs.50
Rs.30,000- ,000. income.
liavjl1§ 36% of the respondents have Rs.10,000-Rs.20,000 of
d
l4ence it conclude that
CHART 4.4
Chart Title
BEI.O\5/
Lcvunls llıc ‹lis1ril›tıtlnı1 ot ll1c rû+P‹+!tI+n(" ’!’!
•• r'‹›^ ı . c 'ı ›ı”•ı3 r‹ r*l1tlUl1IS
tlıc
of the ınnııtı s
‹ ı«»tı'"r" '“"'›"=’*'
chart Tltl0
70.W%
20
Experience
HiqlilJ Satisfied
Satisfivd
Hi*_hlj unsatisfied
Unsatisfied
TOTݴL
t, WERPRET-ATION:
thtit optimization.
CHART 4.6
ChartTite
21
1 l’crccrit•igc
2 12 27“Z»
4
3 27
3 5
4
2
TOTAL 45 100" »
INTEMRETATION:
ltc abo› e liientioned table the rating of the respondents on the basis of the clarit;
reveals and
transparency durin3 the reci'uitment process out 45 respondents, 27%
of members are rated 5
out
of 5, 60% of the members are 4 and 11% Of the members are rated 3 and the remaining
rated 2%
Of the meicbe1’s given 2 points out of 5.
Hence it is concluded that 60% Of the respondents are rated 4 out of 5 with our clarity and
transparency dui'ing the Recruitment.
CHART 4.7
Chart Title
4
EQUALITY DURING THE RECRUITMEN
T OI’J'OItTUiUITY
No Of Perccn la•pe
Res ondents
Yes
No 2%
TOTAL 100"
•
vrnrnLTATION:
ihs above
ircntioned table reveals the distribution of the respondents on the basis Of their
of
qaoce of eg dial opportunity during the recruitment process. Out of 45 respondents. 98
yes for thc coiizpany's recruitment process that gives equal important
CES 2rC Said
I11CI11I
said
O¿2ortu niiy regal‘ding the recruitment for all candidates, remaining 2% of the members are
\0.
recTuitnaent
J3ence it is concluded that 98% of the members said yes to the company's equal
CfIART 4.8
Chart Title
lOO0CF
â
G0.0Ll'4
40X%f
NO
23
> ‘l‘J liilj//l Y (* ’}ä0ople in
IvJ¢¢jbC¡ >dS havik been working from more than 15 years
* < *P J0\ecs have heen provided various benefits such as, job training, free
> ’I'lie majority of the emp)oyees are satisfied with the selection and recruitment
b ’f‘lie c•oiii}nui)• also pro›•ided soft skills and job training to their empioyees. which
24
" ^"""'i'^’=y°"°^":‹=‹•‹, i‹›,„»ii
kind of iiiock
¿4.COHCLUSIOh
business.
(1996) 1-ItiinanResourceM
l.C.a. GU ta, anagement, su1i»n Chand &Sons.
z.K. Asliwathapa, (1997) Fluinan Resource and PersonnelManagement, Tata
pcGraWI4Îll
WEBSITES:
*!!pS'//W›V v. IuaCleO‹ÏSph‹trITlzt.COITl/al3oLlt/
//www.em is.com/plsp/company-
f0fi e N/Mac eod Ph r aceut s td e 3 26 6 ht )
cewt h o e co
W i i edia o ww slidesh e c 1
e
26
NNExunr;
ANw
KE1tAL,t
¡ ¡‹STIONNARIES:
„. IIELOW 2 4’EARS
b. 25-30 YEAns
t. 31-40 YEARS d. ABOVE 50 YEARS
, t;¡ ,xDER:
a. FEMALE b. MALE
‹. its.20000- d. Rs.30000-Rs.50000
As30000
28