Project Structure
01. Introduction
02. Statement of the problem
03. Objectives of the study
04. Scope of the study
05. Research methodology
06. Data collection
07. Framework of analysis
08. Period of the study
09. Limitations of the study
10. Chapter scheme
11. Industry profile
12. Company profile
13. Analysis and Interpretation
14. Findings, Suggestions and Conclusion
TITLE
| A STUDY ON COST & TIME PERIOD INVOLVED IN RECRUITMENT PROCESS OF TECH FORMS PVT LTD |
Provided by : Sangeetha, Bharathiyar University - Distance, Tamilnadu.
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INTRODUCTION
Recruitment is the process of seeking and attracting the right kind of people to apply for a job in an organization .Recruitment in any organization is effected by various internal and external factors. Internal factors include the recruitment policy, time and cost constraints etc. External factors include the situation in the economy, the job market, the industry etc. The recruitment policy of an organization effectively defines and determines the pattern, the sources and the methods of recruitment of the firm.
A good recruitment policy is based on the organization’s objectives, complies with the government policy, and results in successful placements in the organization at the minimum cost and time. It provides the basic framework in the form of guidelines, procedures and sources of recruitment. A good recruitment policy has to be flexible and proactively respond to the changing market situation.
Recruitment has acquired immense importance in today’s organizations. Organizations have realized the value of human capital and its role in their development. Recruitment is the first step in the process of acquiring and retaining human resources for an organization. In today's rapidly changing business environment, organizations have to respond quickly to requirements for people. Hence, it is important to have well – defined recruitment policy in place, which can be executed effectively to get the best fits for the vacant positions.
The magnitude of recruitment and the methods to be used are determined by the human resource plan. Depending on the HRP, the organization decides on the number of people to be recruited; the jobs for which they have to be recruited; and whether the recruitment is for permanent or temporary staff. Once these decisions are made, the modes of recruitment are finalized. All these decisions are taken in alignment with the recruitment policy of the company and the organization’s long term goals.
The objectives of recruitment are more likely to be achieved if the recruiting sources used are suitable for the kind of position that is to be filled. The selection of recruitment sources should also be economically viable for the organization.
Different sources of recruitment can be employed, depending on various factors like the level of the position, number of people required, time available and the funds allocated for recruitment. The different sources of requirement are internal search, advertisements, employee reference, employment agencies, educational institutes, and interested applicants. The comparative strengths and weakness of these sources in attracting candidates for different levels in the organization they are
Advertisements, employee referrals, employment agencies, educational institutions, interested applicants and other sources
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