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Final Report “Vendor Assessment Criteria in the Recruitment Industry in Bangalore City

Final Report “Vendor Assessment Criteria in the Recruitment Industry in Bangalore City

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Published by: santoshk165 on Feb 07, 2010
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07/12/2013

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 EXECUTIVE SUMMARY  INTRODUCTION TO THE PROJECT 
TITLE:
“Vendor 
Assessment Criteria in the Recruitment Industry inBangalore City
 
HRPLUS is an established and highly respected recruitment consultancy based in the heart of Bangalore. The company has earned a good status fo being one of the experts in recruitment field, and for providing a qualityof services.They can boast a high success rate at placing people and meetingrequirements quickly, something that comes from listening and investingtime all the way through the process
.
 Name of the company:
HR PLUS
 PROBLEM DEFINATION  Title of project:
Vendor Assessment Criteria in Recruitment Industry inBangalore City
1
 
OBJECTIVES OF STUDY:
i) To know how the companies approach consultancy firmii) To know the factors they look in for while choosing consultancy firmiii) To know the benefits gained by the company from outsourcing their recruitment activityiv) To know what measures the consultancy firm has to take beforesending the candidatev) To know the various sources companies have for fulfilling HR requirement.
 BENEFITS 
Benefit to the company:
With this study, the organization (HR PLUS) will be benefited in terms of learning-1) HR PLUS can know about the requirement of thecompanies.2) Learn more about how to improve their activity.3) Study the changes in the market conditions. 
Benefit to academics:
It will help me in understanding-1)The market for the consultancy firm in Bangalore city.2)Companies Decision Making Process for consultancy firm.3)Companies’ choices of service offered to consultancy firm.2
 
4)To understand how companies make decision while choosingconsultancy firm.The experience gained during this study will provide as a tool, whichcan be applied in any future undertakings of similar nature.
Findings:
45% of the respondents consider Quality Profile and 35 % of therespondents consider time management while opting for consultancyfirm.
More than 35% of the respondents get the benefit of timemanagement and 33% of the respondents get the benefit of better employees.
More than 52% of the respondents say the consultancy firm has totake the measure of proper screening of the candidate
 Recommendations:
Based on the response received from the respondents the followingrecommendations are made for the improvement in the functioningand service conditions of HR PLUS.
As most of the companies consider time management and quality profile Hrplus should give more importance in sourcing theiactivity and fulfill their clients on time, if they are able to do sothen they can get further business if not then their client will shiftto other consultant.3

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