Sei sulla pagina 1di 16

Weighted Average Method

Non Financial Benefits – Table 1

RANK I II III IV
Career 16 11 2 4
Development
Challenging 8 15 8 4
Jobs
Job Security 7 2 14 7
Status 2 5 9 18

Table – 2
Rank Weight
I 4
II 3
III 2
IV 1

Career Development

(16 X 4) + (11 X 3) + (2 X 2) + (4 X 1)
64 + 33 + 4 + 4 = 105

Challenging Jobs

(8 X 4) + (15 X 3) + (8 X 2) + (4 X 1)
12 + 45 + 16 + 4 = 97

Job Security
(7 X 4) + (2 X 3) + (14 X 2) + (7 X 1)
28 + 6 + 28 + 7 = 69

Status

(2 X 4) + (5 X 3) + (9 X 2) + (18 X 1)
8 + 15 + 18 + 18 = 59

RANK I II III IV Total Rank


Career 64 33 4 4 105 I
Development
Challenging 32 45 16 4 97 II
Jobs
Job Security 28 6 28 7 69 II
Status 8 15 18 18 59 IV

INFERENCE:
The career development is the major factor for
employees ranked I and followed by the challenging jobs
factor at rank II for the purpose of getting employed in this
company.

Financial Benefits – Table 1

RANK I II III IV
Incentives 16 10 2 5
Increase in 14 15 2 2
Salary
House Rent 2 5 17 10
Allowance
Medical 1 3 12 16
Allowance

Table – 2
Rank Weight
I 4
II 3
III 2
IV 1

Incentives

(16 X 4) + (10 X 3) + (2 X 2) + (5 X 1)
64 + 30 + 4 + 5 = 103

Increase in Salary

(14 X 4) + (15 X 3) + (2 X 2) + (2 X 1)
56 + 45 + 4 + 2 = 107

House Rent Allowance


(2 X 4) + (5 X 3) + (17 X 2) + (10 X 1)
8 + 15 + 34 + 10 = 67

Medical Allowance

(1 X 4) + (3 X 3) + (12 X 2) + (16 X 1)
4 + 9 + 24 + 16 = 53
RANK I II III IV Total Rank
Incentives 64 30 4 5 103 II
Increase in 56 45 4 2 107 I
Salary
House Rent 8 15 34 10 67 II
Allowance
Medical 4 9 24 16 53 IV
Allowance

INFERENCE:
The increase in salary package is the major factor
for employees ranked I and followed by the incentives
factor at rank II for the purpose of getting employed in this
company.
Chapter VI

FINDINGS & SUGGESTION

FINDINGS
1. 54.54% of employees joined at the junior level where as
46.46% joined at the middle level.
2. 33.33% of employees are recruited internally and 66.67% are
recruited externally.
3. By internal mode of recruitment, 45.45% are recruited based
on seniority.
4. By external mode of recruitment, 27.27% employees are
recruited advertisement, in print media, 27.73% throw
consultant, 18.18% throw professional and 31.82% throw
others.
5. 54.55% of employees agree that the company gives important
to both internal and external sources for filling up the
vacancies.
6. 60.60% of employees agree upon the clarity of job description
at the time of recruitment.
7. 45.45% of employees agree that they recruited as per the job
description.
8. 46% of employees agree that personal data is updated on there
personal achievement.
9. 63.64% of employees agree that the job as perceived by him
is realistic.
10. 45.46% of employees do not agree that the absenteeism is
the major problem in their department.

11. 39.40% of employees do not agree that the employee turn


over is high in their department.
12. As per 42.43% of employees, the lead-time of fill up the
vacancies in their organization is one month.
13. 27.27% faced general interview at the time or recruitment.
14. 54.55% of employees agree that induction program
conducted at the time of joining.
15. 90.90% of employees agree that existence of exit interview.
16. 63.63% of employees agree that the feed back on exit
interview is being addressed.
17. Employees have ranked career development as the major
non-financial benefits.
18. Employees have ranked increase in salary as the major
financial benefit they prefer.

SUGGESTION
The research would like to pen down few suggestion based on to
research. If the company feels these suggestions as valuable and
feasible then it should try to implement it for its future benefits.

1. The mode of recruitment plays no role in the satisfaction of the


job. Hence, the company in the satisfaction of the job. Hence,
the company can adopt both internal and external recruitment
policy.
2. Employee turnover can be reduced.
3. Lead-time for filling up the vacancies can be reduced.
4. Induction program should be conducted to all employees at the
time of recruitment.
5. Organization should give more focus on career development
program.
6. Organization should give more importance for financial benefit
of an employee by trying to increase the salary.
Chapter VII

CONCLUSION

CONCLUSION
The above research is conducted to know the recruitment policy of the
organization. According to the research, the current recruitment policy of
the organization is satisfactory. Organization can continue to adopt both
internal and external recruitment and provide them a better scope for their
career development.
Chapter VIII

BIBLIOGRAPHY

REFERENCES
 B.MAMORIA and S.V.GANKAR:
Personnel Management, 1993.

 Dr.FLLIPPO EDWIN: Personnel Management,


McGraw-Hill Inter and Sons, 1st edition, 1978.

 National Edition VI th edition, 1984.

 Tripathi .P.C : Personnel Management


and Industrial Relations, Sultan chand.

 www.gogle.com.

 www.ranegroup.com.
Chapter IX

QUESTIONNARIE

QUESTIONNARIE
PERSONAL DETAILS;-

Age:

Gender: M F

Experience in years: Rane Previous

Department:

1. Which level you have joined in this organization initially?


Junior management Middle management Senior
management

2. Your entry to your initial position is through?


Internal External

3. If internal, tick the appropriate option at the initial level of entry?


Promotion based on experience
Promotion based on seniority
Promotion based on higher qualification
Reappointment
Job Rotation
Transfer
Employee Reference

4. If external, is your answer through of the following you have been


recruited?
Advertisement in print media
Advertisement in radio or television
Campus recruitment
Walk-ins
Consultant
Professional association
Others (please specify)
5. Man power recruitment in your department met through?
Internally Externally Both

6. In your opinion highly job satisfied employees are the one who has been recruited
through?
Internally Externally Not relevant

7. Job description was clearly known to you at the initial stage itself?
Strongly agree Agree Neutral Not agree Strongly not agree

8. In your department employees are recruited as per the job specification?


Strongly agree Agree Neutral Not agree Strongly not agree

9. My personal data is updated on my personal achievement like higher qualification,


new skills, development courses undergone etc?
Strongly agree Agree Neutral Not agree Strongly not agree

10. Characteristics of the job as perceived by me are realistic?


Strongly agree Agree Neutral Not agree Strongly not agree

11. Absenteeism is one of the major problem in my department?


Strongly agree Agree Neutral Not agree Strongly not agree

12. Employee ‘turnover’ is highly in my department?


Strongly agree Agree Neutral Not agree Strongly not agree

13. What is the lead-time taken by the company to fill up the vacancies?
1week 2week 3week 1month

14. What types of interviews is organized under the recruitment process?


Board interview Panel interview Group interview
General interview Others

15. The induction program provides at the time of joining was very effective?
Strongly agree Agree Neutral Not agree Strongly not agree

16. Do you have provision for exit interview in your organization?


Yes No
17. The feed back on exit interview is being addressed, whether required?
Strongly agree Agree Neutral Not agree Strongly not agree

18. Please rank the following factors in the order of most preferred to least preferred
(Express by number).

Non-Financial benefits Rank Financial benefits


Career Development Incentives
Challenging Jobs Increase in salary
Job Security House Rent Allowance
Status Medical Allowance

19. Please give your valuable suggestions for improving recruitment process

……………………………………………………………………………….
…………………………………………………………………………………………
……………………………………………………………………

Thank you

Potrebbero piacerti anche