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Submission Project Report112

Submission Project Report112

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Published by mohan

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Categories:Types, Business/Law
Published by: mohan on Jul 16, 2009
Copyright:Attribution Non-commercial

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10/19/2011

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INTRODUCTION
 
Human resource management
(HRM) isthe strategic and coherent approach to the management of an organization'smost valued assets - the people working there who individually andcollectively contribute to the achievement of the objectives of the business. The terms "human resource management" and "human resources"(HR) have largely replaced the term "personnel management" as adescription of the processes involved in managing people inorganizations. In simple sense, HRM means employing people, developingtheir resources, utilizing, maintaining and compensating their services intune with the job and organizational requirement
Today's rapidly changing business environment, organizations haveto respond quickly to requirements for people. Hence, it is importantto have a well-defined recruitment policy in place, which can beexecuted effectively to get the best fits for the vacant positions.Selecting the wrong candidate or rejecting the right candidate couldturn out to be costly mistakes for the organization. Selection is onearea where the interference of external factors is minimal. Hence theHR department can use its discretion in framing its selection policyand using various selection tools for the best results. These caseletsdiscuss the importance of having an effective recruitment andselection policy.
.
MEANING OF RECRUITMENT
:According to Edwin B. Flippo, “Recruitment is the process of searchingthe candidates for employment and stimulating them to apply for jobs
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in the organisation”. Recruitment is the activity that links the employersand the job seekers. A few definitions of recruitment are:A process of finding and attracting capable applicants foemployment. The process begins when new recruits are sought and endswhen their applications are submitted. The result is a pool of applications from which new employees are selected.Recruitment of candidates is the function preceding the selection, whichhelps create a pool of prospective employees for the organisation so thatthe management can select the right candidate for the right job from this pool. The main objective of the recruitment process is to expedite theselection process.Recruitment is a continuous process whereby the firm attempts todevelop a pool of qualified applicants for the future human resourcesneeds even though specific vacancies do not exist. Usually, therecruitment process starts when a manger initiates an employeerequisition for a specific vacancy or an anticipated vacancy.
RECRUITMENT NEEDS AND IMPORTANCERECRUITMENT NEEDS ARE OF THREE TYPES
PLANNED
i.e. the needs arising from changes in organization andretirement policy.
ANTICIPATED
: Anticipated needs are those movements in personnel, which an organization can predict by studying trends ininternal and external environment.
UNEXPECTED:
Resignation, deaths, accidents, illness give rise tounexpected needs
Purpose & Importance of Recruitment
Attract and encourage more and more candidates to apply in theorganisation.
Create a talent pool of candidates to enable the selection of bestcandidates for the organisation.
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Determine present and future requirements of the organization inconjunction with its personnel planning and job analysis activities.
Recruitment is the process which links the employers with theemployees.
Increase the pool of job candidates at minimum cost.
Help increase the success rate of selection process by decreasingnumber of visibly under qualified or overqualified job applicants.
Help reduce the probability that job applicants once recruited andselected will leave the organization only after a short period of time.
Meet the organizations legal and social obligations regarding thecomposition of its workforce.
Begin identifying and preparing potential job applicants who will beappropriate candidates.
Increase organization and individual effectiveness of variousrecruiting techniques and sources for all types of job applicants.
Recruitment Process
HR practices its function in each and every stages of recruitment. The process comprises five interrelated stages, viz. (i) Planning, (ii) Strategydevelopment, (iii) Searching, (iv) Screening, and (v) Evaluation and control.
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