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Documenti di Professioni
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The Research report has been submitted to Subharti University, Meerut for the
purpose of the compliance of any requirement of any examination or any degree earlier.
KALLU
M.B.A. IV Sem
Roll No. - 0810253008
ACKNOWLEDGEMENT
When a person is help, guide and co-operated his or her heart is bound to
pay gratitude.
It is not a single mans effort which is sufficient for the accomplishment of
a Research. Various factors, situations and persons integrate to provide the
background for accomplishment of a task requires the effort of so many
people and the work is no different.
I acknowledge here the names of those people who have been instrumental
in preparation of this Research.
I am sincerely indebted to Ms. Mamta Chaudhary (Faculty, Management,
SITE, Meerut) for his valuable suggestion and inspiration to undergo this
study and his unstilted help which he gave for the completion of this
Research.
My grateful thanks are also due to various others technocrats, who inspire
of there multifarious pre-occupation, were kind enough to spare time to
grant me personal help and others cooperative activities. I would also like
to thanks co-operation for providing the recruitment & selection and
supplemental information used in this study.
KALLU
2
PREFACE
TABLE OF CONTENTS
Preface
Executive summary
Objective of Study
Introduction
Company profile
21
49
o Research design
o Data collection
Data Analysis
53
Findings
73
Conclusion
75
Recommendations
77
Limitations
80
Bibliography
81
Questionnaire
82
EXECUTIVE SUMMARY
The recruitment and selection procedure of the company determines the level
of achieving organizational goals in the long run. As per definition it is stated
that which is all about selecting right person for the right job at the right time
at the best possible position. Although it sounds quite simple but it is also not
an easier job to evaluate a person with his ability and skills that may satisfy
the core competency for the job so that his degree of willingness to pursue a
job becomes positive. From job seekers prospective it is the core
competencies, which matter much for a job. So it is the effective recruitment
and selection procedure, which determines not only the right candidature for
a job but also a long-term accomplishment of organizational goals.
I have chosen HDFC bank for studying their methods of recruitment
and selection function. In the course of study I came to know that, it has the
probability of achieving more than 50% of the people to be placed for the
right job, which reflects some of the unique ways for recruiting the
candidates to fill up various vacancies.
The aim of the company is to achieve overall organizational goal not only
by way of fulfilling the targeted top-line but also employee satisfaction
towards various position of job to the maximum level. This I will see as I
proceed subsequently in my Research.
Objective of Study
3. To find out the various sources of advertisement of vacancies likemedia (electronic or paper or both), schools, posters etc.
INTRODUCTION
8
Popular
sources
of
recruiting
employees
include
internal
search,
Proper selection can minimize the costs of replacement and training, reduce
legal challenges, and result in more productive workforce. The primary purpose
of selection activities is to predict which job applicant will be successful if
hired. During the selection process, candidates are also informed about the job
and the organisation.
The discrete selection process would include the following: initial screening
interview,
completion
of
the
application
form,
employment
tests,
Selection devices provide managers with information that will help them predict
whether an applicant will prove to be a successful job performer. The
application blank is effective for acquiring hard biographical data, while the
weighted application can provide information for predicting job success.
Traditional tests that assess intelligence, abilities and personality traits can
predict job proficiency but suffer from being non-job related. On the other
hand, interviews consistently achieve low marks for reliability and validity.
Background investigations are valuable when they verify hard data from the
application, although they offer little practical value as selection devices.
Physical examinations are valid when certain physical characteristics are
required to be able to perform a job effectively.
10
SCOPE OF STUDY
11
BANKING STRUCTURE
The Indian banking industry, which has Reserve Bank of India as its
regulatory authority, is a mix of the public sector, private sector, and foreign
banks. The private sector banks are again split into old banks and new banks.
SCHEDULED BANKS
Scheduled commercial banks are those that come under the purview of
the Second Schedule of Reserve Bank of India (RBI) Act, 1934. The banks that
are included under this schedule are those that satisfy the criteria laid down vide
section 42 (60 of the Act). Some co-operative banks come under the category of
scheduled commercial banks though not all co-operative banks.
Oriental Bank of Commerce, UCO Bank, Union Bank of India, Dena Bank and
Corporation Bank.
PRIVATE SECTOR BANKS
Private banks are essentially comprised of two types: the old and the new.
The old private sector banks comprise those, which were operating before
Banking Nationalization Act was passed in 1969. On account of their small size,
and regional operations, these banks were not nationalized. These banks face
intense rivalry from the new private banks and the foreign banks. The banks that
are included in this segment include: Bank of Madura Ltd. (now a part of ICICI
Bank), Bharat Overseas Bank Ltd., Bank of Rajasthan, Karnataka Bank Ltd.,
Lord Krishna Bank Ltd., The Catholic Syrian Bank Ltd., The Dhanalakshmi
Bank Ltd., The Federal Bank Ltd., The Jammu & Kashmir Bank Ltd., The
Karur Vysya Bank Ltd., The Lakshmi Vilas Bank Ltd., The Nedungadi Bank
Ltd. and Vysya Bank. The new private sector banks were established when the
Banking Regulation Act was amended in 1993. Financial institutions promoted
several of these banks. After the initial licenses, the RBI has granted no more
licenses. These banks are gearing up to face the foreign banks by focusing on
service and technology. Currently, these banks are on an expansion spree,
spreading into semi-urban areas and satellite towns. The leading banks that are
included in this segment include Bank of Punjab Ltd., Centurion Bank Ltd.,
13
Global Trust Bank Ltd., HDFC Bank Ltd., HDFC Banking Corporation Ltd.,
IDBI Bank Ltd., IndusInd Bank Ltd. and UTI Bank Ltd.
14
FOREIGN BANKS
The operations of foreign banks, though similar to that of other
commercial Indian banks, are mainly confined to metropolitan areas. Foray of
foreign banks depends on reciprocity, economic and political bilateral relations.
An inter-departmental committee has been set up to endorse applications for
entry and expansion. Foreign banks, in the wake of the liberalization era, are
looking to expand and diversify. Some of the leading foreign banks that operate
in India are Citibank, Standard Chartered Grindlays Bank, Hong Kong Shanghai
Banking Corporation, Bank of America, Deutsche Bank, Development Bank of
Singapore and Banque National De Paris.
margins, poor credit off-take, high overheads, and lack of good quality assets.
Banks are sticking to reliable borrowers for fear of bad debts. In fact, banks
largely invest in government securities, which have zero risk. With GOI being
the single largest borrower, the yields on these securities determine the interest
rates.
The government aims to decrease its shareholding in PSBs to 33%,
however, at the same time it also wants to retain the controlling stake. This, it is
feared, is not going to solve the problems which PSBs are coping with now.
16
17
18
RBI POLICIES
The RBI does not interfere in determining the prime lending rates for
commercial banks. The onus is on banks to do so. RBI regulates interest rates
on savings accounts, export credit, and credit for small and tiny sectors. The
rates fixed by RBI are quite low at 7%, 5%, and 4% respectively for Bank Rate,
Repo Rate, and savings account rate. Fixing rates on bank credit is the
discretion of the banks. Though banks are allowed to offer variable interest rates
on longer-term deposit rates, they continue to offer fixed deposit rates.
Current account transaction norms eased
Norms on current account transactions were eased, in line with the
Foreign Exchange Management Act (FEMA). The Basic Travel Quota (BTQ)
has been raised from US$3,000 to US$5,000, without the need for central
banks approval. Capital account restrictions related to dealing in assets with
residents and non-residents have also been relaxed.
RBI to launch liquidity adjustment facility
The Reserve Bank of India (RBI) is launching its new liquidity
adjustment facility (LAF), effective June 5. The first phase would see the
withdrawal of additional collateralised lending facilities, and Tier-II refinance to
banks. The 5% fixed rate Repo will also be withdrawn. The facilities of
collateralised lending and Tier-I refinance facilities will continue.
19
The Central government has granted approval to banks during the current
financial year to make a foray into forward trading in gold by including gold on
the list of commodities eligible for hedging under the Forward Contract
(Regulation) Act, 1952.
MEASURES ADOPTED BY RBI
Measures to increase liquidity and decrease the cost of funds to banks
Bank rate cut by 1% from 8% to 7%
CRR cut by 0.5%, from 8% to 7.5%
Repo rate cut by 1%, from 6% to 5%
Savings deposit rate for scheduled commercial banks cut from 4.5% to 4.0%
20
21
MAJOR COMPETITORS
STATE BANK OF INDIA
It is India's largest bank with assets worth Rs.2, 615 billion. SBI also has the
distinction of having the worlds largest branch network of 9,000 branches. The
bank has a share of about 22% of India's loans and deposits, and is a top player
in trade finance and forex. Through its subsidiaries, SBI is also a leading
provider of other financial products like mutual funds, investment banking,
housing finance and factoring. SBI has a market share of one-fifth of the
banking sector in India. Nationalized banks and SBI and its subsidiaries form
the heart of the Indian banking system. These two entities operate 70% of the
total branches spread across the length and breadth of India.
BANK OF INDIA
As one of the leading public sector Indian banks, Bank of India has the
distinction of being the first bank to open a branch outside India. The bank,
which currently has overseas operations in about 10 countries, is one of the
leaders in financing foreign trade. It is one of the few Indian banks that provide
tele-banking facilities, Remote Access Terminals for corporate clients, and
Signature Retrieval System. Some of the recent forays made by the bank in
terms of its business operations include bullion business and demat services.
22
HDFC BANK
It is a pioneer in terms of the introduction and adoption of a model banking
policy that suits India and other developing countries. The bank, which is
synonymous with progressive banking in India, has a strong presence in rural
India. The bank was nationalized in 1969. HDFC Bank has correspondent
relations with 400 banks from all over the globe. The bank is also one of the
leading players in the foreign exchange market.
Citibank, idbi, hdfc,hsbc
23
24
25
Government
The Government needs to do away with artificial fragmentation of
the financial sector. A case in point is the segregation of banks and
financial institutions induced by policy. If this is changed, we may well
see mergers between the two sectors to create organizations of size. Why
not a merger of Industrial Development Bank of India with Bank of
Baroda, or even better with State Bank of India? This would definitely
lead to a merger between HDFC and HDFC Bank and for that matter
between HDFC and HDFC Bank. The possibilities are interesting and
numerous.
Domestic Banks
Domestic Banks - private as well as public - need to continuously explore
options to acquire or merge with other institutions to enhance their size,
service or skill-set. This could also mean looking beyond the national
boundaries as truly global corporations do.
New Initiatives
The recent crisis in the Far East has demonstrated the need for a
robust banking sector. Therefore the whole structure of Regional Rural
Banks (RRBs) and Urban Co-operative Banks (UCBs) needs to be
strengthened. The focus that FMCG companies such as Hindustan Lever
have given to the rural sector proves that private sector interest is not
26
27
RECRUITMENT
Recruitment and selection are the most important functions in an
organization because with the help of these functions the management selects
the best available candidate from a batch of them. The organizations, in this
growing competitive world, need to have the best of the manpower so as to have
an edge over its competitive.
Planned.
Anticipated.
Unexpected.
28
Planned need arise from changes in the organization and retirement policy.
These occur due the expected changes in the organization so the management
can make a proper policy for it.
FEATURES:
SOURCES OF RECRUITMENT:
The various sources of recruitment are -
The retired and retrenched employees who want to return to the company.
Press advertisements.
Campus Interviews.
Placement Agencies.
Recommendations.
Employment Exchanges.
During my short stint at DIL, it was observed that the recruitment need of
DIL is diversified. It needs persons who have knowledge of use, processing
30
31
SELECTION
Selection is the process of choosing the best candidate out of the all the
applicants. In this process, relevant information about the
applicants is collected through a series of steps so as to evaluate
their suitability for the job to be filled.
It is the process of matching the qualifications with those required for the job
so that the candidate can be entrusted with the task that matches with his
credibility.
It is a process of weeding out unsuitable candidates and finally identifying the
most suitable candidates.
This process divides the candidates into two categories-the suitable ones and
the unsuitable ones. The suitable people prove to be the asset for the
organization. Selection is a negative process because in this process the
management tries to minimize the number of people at each step so that the
final decision can be in the light of all the factors and at the end of it best
candidate is selected. Selected candidate the has to pass through the following
stages
Preliminary Interview.
Application Form.
Selection Test.
32
Selection Interview.
Physical Examination.
Reference Check.
Final Approval.
Employment.
33
helps to weed out candidate who are lacking in education, experience or any
other criterion provided by the organization. It also helps in formulation of
questions, which will be asked in the interview. These forms can also be
stored for future references thus maintaining a databank of the applicants.
Selection Tests are being increasingly used in employee selection. Tests are
sample of some aspect of an individual's attitudes, behavior and
performance. It also provides a systematic basis for comparing two or more
persons. The tests help to reduce bias in selection by serving as a
supplementary screening device. These are also helpful in better matching of
candidate and the job. These reveal the qualifications, which remain covered
in application form and interview.
The applicants who have crossed the above stages have to go through
Physical Examination either by the company's physician or the medical
officer approved for the purpose. The main aim is to ensure that the
34
candidate is physically fit to perform the job. Those who are found
physically unfit are rejected.
The next stage marks of checking the references. The applicant is asked to
mention in his application form the names and addresses of two or three
person who know him well. The organization contacts them by mail or
telephone. They are requested to provide their frank opinion about the
candidate without incurring a liability. The opinion of the references can be
useful in judging the future behaviour and performance of a candidate.
36
COMPANY PROFILE
HDFC BANK
The Housing Development Finance Corporation Limited (HDFC) was amongst
the first to receive an 'in principle' approval from the Reserve Bank of India
(RBI) to set up a bank in the private sector, as part of the RBI's liberalisation of
the Indian Banking Industry in 1994. The bank was incorporated in August 1994
in the name of 'HDFC Bank Limited', with its registered office in Mumbai,
India. HDFC Bank commenced operations as a Scheduled Commercial Bank in
January 1995.
Overview
Year 2004 & 2003
Year 2002 & 2001
Year 2000 & 1999
Credit Rating
Corporate Governance Rating
Awards and Achievements - Banking Services
HDFC Bank began operations in 1995 with a simple mission: to be a "Worldclass Indian Bank". We realised that only a single-minded focus on product
quality and service excellence would help us get there. Today, we are proud to
say that we are well on our way towards that goal.
37
38
Business Today
Best Bank in India.
Forbes Magazine
One of Asia Pacific's Best 50 companies.
Businessworld
Best listed Bank of India.
The Asset Magazine's Triple A Country Awards
Best Domestic Bank.
Asiamoney Awards
Best Local Cash Management Bank in Large and Medium segments.
Euromoney Awards
"Best Bank" in India.
2005
Asiamoney Awards
Best Domestic Commercial Bank
Asiamoney Awards
Best Cash Management Bank - India .
The Asian Banker Excellence
Retail Banking Risk Management Award in India.
Hong Kong-based Finance Asia magazine
39
40
Asiamoney Awards
Most Improved company for Best Management Practices in India - 2004
Business World
One of India's Most Respected Companies - 2004
Forbes Global
Best Under a Billion, 100 Best Smaller Size Enterprises in Asia/Pacific and
Europe - 2004
Asian Banker Awards
Operational Excellence in Retail Financial Services - 2004
The Asset Triple A Country Awards
Best Domestic Bank in India - 2004
2003
Forbes Global
Best Under a Billion, 200 Best Small Companies - 2003
The Asset Triple A Country Awards
Best Domestic Bank in India -2003
BusinessWorld - The Business World Most Respected Company Awards
One of India's Most Respected Companies
The Asset magazine
41
Awards for Corporate Excellence as the Emerging Company of the Year 200001.
Leading Indian business magazine Business India named us "India's Best Bank"
in 2000.
In the year 2000, leading financial magazine Forbes Global named us in its list
of "The 300 Best Small Companies" in the world and as one of the "20 for
2001" best small companies in the world.
43
The first step involves the filling up of Manpower Indent Form. This form is
filled up by the department, which is having the vacancy. The form consists of
various questions which are to be answered like if the current vacancy is a
replacement vacancy, its reason is to be specified -the factors which resulted it
like death, retirement etc.
The department is required to give the qualifications that the future candidate
should possess.
In the next step, this form is given to the Human Resource (HR) department;
this department sees if the position can be filled through internal sources. The
internal sources can be transfers, promotion etc. In the case of internal sources,
the recommendations of the employees are not taken into consideration. If the
HR department does not find suitable candidate within the organisation then this
44
department has to give reasons for it. The form then goes to the Corporate HR
for its approval.
When the suitable candidate is not available within the organisation, the
organisation then moves to the outside world for filling up the vacancies.
If the number of employees required is large then the company has in its
consideration three ways
Advertisements.
The company maintains a databank of the candidates, which is used when the
number of vacancies to be filled up is large. The sources of databank can be the
qualified candidates who had applied in the organisation earlier but due to some
reasons could not join the organisation.
Advertisements are the second big source to attract the candidates. These are
having much larger scope and reach to a number of people. The qualifications
required by the organisation and the criteria could be described in detail.
45
Large number of consultants also constitutes a big source. Many people register
themselves with these consultants and they act as a bridge between the
organisation and the candidates. The consultants provide the company required
details about all criteria. These consultants are fixed for the organisation, which
are chosen on the basis of their performance. In case of overseas recruitment it
is checked whether their Indian counterparts can perform the job efficiently or
not. If need arises then they are also taken through consultants.
But if the number of vacancies is very small then the organisation takes the help
of the local consultants.
The candidates are then required to fill up the Application Form. This form
requires the candidate to fill the details regarding the previous employment, if
any and his personal data. The form is having details regarding like the marital
status, organisation structure, the position held by the candidate, his salary
structure, the top three deliveries to the organisation that proved to be beneficial
to the organisation, career goals, his strengths and weaknesses etc.
After the application form has been duly filled and submitted, the selection
process starts wherein the candidate has to pass through various stages and
interview. The interview panel consists of the persons from Corporate (HR), and
46
other persons including the executives from the department for which the
vacancy is to be filled.
The selected candidates are then short-listed. The short listed candidates are
then given priority numbers; this is due to the reason that sometimes the
candidate who is having first priority is unable to join the organisation due to
some reasons then in that case the candidate next in the priority list is given
preference. The candidate has to under go medical examination and his
credentials are verified.
After qualifying these stages, the candidate is then absorbed in the organisation
and explained his/her duties. This phase marks the end of the selection
procedure.
HDFC bank Ltd.also performs Campus interviews as and when the need arises.
The esteemed organisation also provides apprentice training-wherein the
organisation trains the people in the working of the organisation and gives then
stipend. If these trainees are found useful to the organisation then they are
absorbed in the organisation else they are given certificate so that they can show
this as an experience and get a job elsewhere.
47
Mr. Manchanda
G.M (North)
Manager Personal
R.S.M. Delhi
Manager
FFP Department
Manager International
MRTG.
Manager
CSC & Automation
Manager
Sales
Deputy
Manager Sales
Product
Manater
Asst.
Manager Sales
A.S.M.
Delhi
A.S.M.
Delhi
Senior Officer
Sales
Senior
Officer
Senior
Officer
Officer
Officer
Officer Sales
48
Brand
Manater
such service operations the emphasis has been on courtesy and efficiency and it
is assumed that the service in tourism is all smiles and effective communication.
However, with the changing nature of tourism and growing special sation only
smiles, communications skills and courtesy will not serve the purpose. For
example, a guide may be very good in communication but unless he or she is
equipped with knowledge and information related to the monument or the city,
he or she will not be able to perform quality service. Similarly, a driver may be
very good at driving but unless he knows the roads and addresses of the city,
only his driving capabilities will be of no help in providing quality service. And
we must remember here that tourists, whether foreign or domestic, are
increasingly becoming more demanding as regards quality of service.
Generally, human resource management, planning and development in tourism
have to be taken at both macro as well as micro levels. At the macro level, one
takes into account the educational and training infrastructure available in a
country and the efforts initiated by the ICAO. This also includes the efforts
initiated by the private sector. At the micro level, one takes into account how
best individual organizations plan and manage their human resources V S
Mahesh, formerly Vice President (Human Resources) with the Taj Group of
Hotels, is of the opinion that two central features common to all sectors of the
tourism industry must be considered in this regard:
50
handling the customers or how an escort is conducting the tour is not visible to
the management. Yet, the tourists experience of the holiday is dependent on
how the staff manning such services has treated him or her. Mahesh has pointed
out that in case of negative experiences, only less than five percent cases get
reported to the management by the customers and hence according to him the
crucial questions is are human beings capable of doing their job correctly,
willingly and with a smile, when they know that their management is most
unlikely to be able to see or hear them, let alone bear of their failure to do so?
This puts additional on the human resources management factor in the tourism
industry. Certain organizations, companies and even destinations are known for
their hospitality and are even termed as service leaders in their areas of
operations. Researches conducted by various scholars in this area show that they
51
52
A dedication to teamwork
In fact, human resource management and customers care/expectations
management are inter related area in the area of tourism. Sarah Mansfield has
identified four key principles in the development of customer care within
companies. These according to her are
1)
Customer care starts at the top was meaning that commitment to the
principle of customer care must emanate from senior management levels
within an organization. Successful management is not only about the
right management style but also an attitude, ethos or culture of the
organization which overrides the management techniques used, such that
in the absence of other instructions these values will dictate how an
employee will behave.
2)
53
3)
Care for your staff and they will care for your customers. Too often
organizations look first to the customer, whereas the emphasis should be
placed on the staff. Improving the experience of the staff encourages a
better service and a better experience for customers. More customers are
obtained thereby improving the climate in which management and staff
work. Investment and greater professionalism follow success and the
cycle of achievement is reinforced.
4)
54
competencies of the human resources are taken care of through human resource
development.
HUMAN RESOURCE PLANNING
In this Section, we will deal with certain aspects which are relevant for
managers or entrepreneurs at an organizations level in the area of human
resource planning. Human resource planing can be termed as a process for
preparing a plan for the future personnel needs of an organization. It takes into
account the internal activities of the organization and the external environmental
factors. In a service industry like tourism, such planning also aims at improving
the quality of manpower resources. Human resource planning involves:
55
56
57
interview are required to undergo a medical test before he/she is finally placed
in the HDFC bank.
Employees are also recruited through internal mobility. This is done on the basis
of merit and seniority. After passing the examination the candidates are
called for an interview along with the employees who have become
eligible for promotion on the basis of seniority.
59
Performance Appraisal.
Security.
Public Relations.
Industrial Relations.
60
Human
Resource
Recruitment
Training &
Development
Socialization
Performan
ce
Appraisal
Promotions,
Transfers,
Demotions
61
&
Additional General
Manager-Corporate HR &
IR
Deputy
Manager-HR
Senior
E
x
Assistant HR
Officer
SupervisorAdministratio
n
Executive
Assistant-HR
Housekeep
ing
General
Administration
62
RESEARCH METHODOLOGY
The purpose of the methodology is to describe the research procedure. This
includes overall research design, the sampling procedure, the data collection
method, and analysis procedure.
Out of total universe 15 respondents from HDFC bank have been taken for
convenience. The sample procedure chosen for this are statistical sampling
method. Here randomly employees are selected and interviewed. Information,
which I collected, was based on the questionnaires filled up by the sample
employees.
Under secondary method I took the help of various reference books which I
have mentioned in bibliography and also by way of surfing through the
company website.
Primary Data
Secondary Data
Organizational literature: Any relevant literature available from the
organisation on the Company profile, recruitment & selection procedures,
63
The basic rationale of Questionnaire is to ascertain the perception of the nonHR departments in terms of the validity and effectiveness of the policies and
procedures used by the organisation. It is also in line with the assessment of
any suggestions/recommendations that the respondents from these
Departments might have in terms of the use of an alternative source/device
of recruitment and selection, than what already forms the current practice of
the HR Department.
namely:
- Stores
- Finance
- Operations
- Electronics
- Engineering
Sample Extent: The extent of the sample is confined to the Sahibabad
operations of the HDFC bank, specifically to the Administration.
Sampling Technique
Judgement Sampling would be used for the purpose of choosing the sample
for the purpose of administering Questionnaire. The identified expert would
65
have a thorough knowledge about all the respondents within the Personnel
Department of the organisation. Thus his/her expertise would be
incorporated in locating, identifying and contacting the required respondents.
Again Judgement sampling would be effectively used in identifying the
typical non - HR Departments within the organisation and subsequently for
the location and identification of suitable respondents for Questionnaire.
66
DATA ANALYSIS
The analysis of the various sources of recruitment and selection devices is
presented on the following pages.
The response entailed from the HR Department (as analysed from
Questionnaire) represents current practice within the organisation in terms
of the sources of recruitment and selection devices used.
The analysis of the response entailed from all the other departments (as
analysed from Questionnaire) forming the sample, represents the perception
of the respondents from these Departments in terms of the validity and
effectiveness of the various sources/devices of recruitment/selection
(specific to these Departments)
The analysis further entails any suggestions/recommendations given by these
non-HR
Departments
(forming
the
sample
for
administering
67
INTERPRETATION:
Yes, it does because if in appropriate candidates are selected it would lead to loss of
productivity, labor turnover.
90 out of 100 employees said that recruitment and selection procedure affects the
performance of the employees while 10 out of 100 employees said that it does not.
68
INTERPRETATION:
100 out of 100 employees said HDFC bank recruit employees internally.
69
INTERPRETATION:
75 out of 100 employees believe that the recruitment and selection procedure followed by the
company is appropriate while 25 out 100 employees believe its inappropriate.
70
INTERPRETATION:
Disclosing of job specification basically depends on the job profile of the candidate.
65 out of 100 employees say that the economy discloses the job specifications at the time of
selection of a candidate while 35 out of 100 employees said the company doesnt disclose job
specifications at the time of selection.
71
INTERPRETATION:
100 out of 100 employees said that the company ask for references at the time of selection.
72
INTERPRETATION:
70 out of 100 employees say that the written test contribute the main factor of recruitment but
30% employees say that written test not take a main part of recruitment.
73
INTERPRETATION:
70 out of 100 employees say that company follows direct interview method, and 30 out of
100 says company follow the GD interview.
74
INTERPRETATION:
In the survey I find that HDFC BANK prefer the fresher only 55% in campus and 45% Not
prefer for fresher in campus.
75
INTERPRETATION:
In the survey I find that HDFC BANK recruit the people in other state.
76
YOU ARE SATISFIED WITH THE QUESTION AND WHICH ARE ASKED FROM THE
CANDIDATES AT THE TIME OF INTERVIEW
INTERPRETATION:
In the survey I find that maximum 45% persons are agree with HDFC BANK and some 30%
persons are disagree.
77
INTERPRETATION:
In the survey I find that 100% manpower is based on previous production data.
78
INTERPRETATION:
In the survey I find that maximum 80% is linked of vision of the company.
79
INTERPRETATION:
In the survey I find that maximum cases 80% medical test is done at the time in HDFC
BANK but in some cases medical test is not required.
80
INTERPRETATION:
In the survey I find that maximum HDFC BANK conducted the interviews is free from bais.
81
INTERPRETATION:
In the survey I find that HDFC BANK check all the information before interview.
82
INTERPRETATION:
In the survey I find that maximum cases HDFC BANK not conduct the physical examination
before selection but in some cases HDFC BANK conduct the physical examination.
83
INTERPRETATION:
In the survey I find that maximum 75% persons are satisfied with recruitment process in
HDFC BANK but 25% persons are not satisfied with recruitment process in HDFC BANK.
84
INTERPRETATION:
In the survey I find that maximum HDFC BANK recruitment process for the people for
future needs.
85
INTERPRETATION:
In the survey I find that maximum 55% favoritism is not done at the recruitment process but
in some cases 45% can done.
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FINDINGS
90% employees said that recruitment and selection procedure affects the performance
of the employees while 10% employees said that it does not.
75% employees believe that the recruitment and selection procedure followed by the
company is appropriate while 25% employees believe its inappropriate.
65% employees say that the economy discloses the job specifications at the time of
selection of a candidate while 35% employees said the company doesnt disclose job
specifications at the time of selection.
100% employees said that the company ask for references at the time of selection.
70% employees say that the written test contribute the main factor of recruitment but
30% employees say that written test not take a main part of recruitment.
70% employees say that company follows direct interview method, and 30% says
company follow the GD interview.
HDFC BANK prefer the fresher only 55% in campus and 45% Not prefer
for fresher in campus.
Maximum 45% persons are agree with HDFC BANK and some 30%
persons are disagree.
Maximum cases 80% medical test is done at the time in HDFC BANK
but in some cases medical test is not required.
Maximum HDFC BANK recruitment process for the people for future
needs.
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CONCLUSION
METHODS:For the recruitment and selection various test include for e.g. aptitude
test ,personality test and group discussion. As we all know that, in
todays highly competitive age the biggest problem is of retention of its
highly skilled employees in the organization. Recruitment plays a vital
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role in this regard. But it should be seen that no system is without any
flaws. Every system has its strong and weak points and is open for
change at any time.
90
RECOMMENDATIONS
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The company can undertake the following steps to maintain long and
existing relationship with its employees as well as a steady increase in
sales:-
1. Employees should know clearly what is expected of themContinually changing expectations minimize employees sense of
internal security and create unnecessary stress. It is beneficial
therefore to provide a specific framework, in which people can work.
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LIMITATIONS
The scope of the study in terms of coverage is limited to the Delhi
operations of the HDFC bank
Within the organisation the study is limited to the top-level management of
the Personnel Department of the organisation (out of which samples of the
respondents are also members of the Recruitment & Selection committee).
This is for the purpose of administering the questionnaire.
In line with the purpose of conducting employee interviews, the study would
be confined to personnel holding typical designations within the organisation
at different levels of management.
Although the limitations that I faced in the organizations is the absence of
Trade Unions co-operation, otherwise which could have help me in
understanding the industrial relations in a comprehensive manner.
Secondly, the limitation that I have is the scope of collection of sample size
which was confined to only one department, which would have other wise
made my study and observations in an effective manner.
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BIBLIOGRAPHY
1. BOOKS
Robbins P. Stephens, Organizational Behavior, Prentice Hall, 7th Edition,
Chapter 16, pages 636-641.
Koontz Harold & Weihrich Heinz, Essentials of Management, Mc Graw
Hill, 5th Edition, Chapter 11, pages 217-245.
India Today
Todays traveller
Business Today
3.
News Paper
Times of India
Hindustan Times
Economic Times
4. Web sites
www.HDFC bankindia.com
www.indiatimes.com
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QUESTIONNAIRE
QUESTIONNAIRE ON RECRUITMENT & SELECTION FOR THE
EMPLOYEES
1.
2.
Partially agree
disagree [
No
No
No
No
HDFC BANK check all information which is given by the applicant before selection?
Yes
9.
No
8.
7.
6.
5.
You are satisfied with the question and which are asked from the candidates at the time of interview?
Agree
4.
No
3.
No
No
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Yes
No
11. HDFC BANK also recruitment the people for future needs?
Yes
No
No
13. Does the recruitment and selection procedure affects the performance of the employees?
Yes
No
No
15. Is the recruitment and selection procedure followed by the company appropriate?
Yes
No
16. Does your company disclose the job specifications at the time of selection of a candidate?
Yes
No
17. Does your company ask for references at the time of selection?
Yes
No
18. What percent of the selection procedure does the written test contribute?
Yes
No
19. Which type of interview methods does your company usually follow?
Direct
GD
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Other