Professional Documents
Culture Documents
Company being established as BUNGE FOUNDS BUNGE & CO. IN AMSTERDAM in 1818, The Netherlands, as an import/export trading firm, Bunge will maintain a prominent role in world grain markets.
In 1935 , Bunge builds it first major grain handling facility in Midway, MN, and becomes
an originator of grain in NORTH AMERICA. In 1967 , Bunge expands at Destrehan by building its first US Soybean processing plant. In 2007, Bunge purchases its first sugarcane mill in brazil and forms a fertilizer joint venture in Morocco.
COMPANY PROFILE
IN 23 June 2003, US-based agribusiness and food company Bunge has announced that it has signed a memorandum of understanding with Hindustan Lever to acquire the Indian consumer goods firms edible oils and fats businesses based in Bangalore, India. In 22 Sep. 2003, US agribusiness giant Bunge has announced that its Indian subsidiary, Gee Pee Ceval Proteins and Investment, has
US$100m and $200m in India over the next five years, its Indian
subsidiary
has
said.
In 21 Dec. 2011, US agribusiness giant Bunge is set to buy the edible oils and fats business of India's Amrit Banaspati.
BUNGE PRODUCTS
Quality Rajpura Branch of Bunge India Pvt Ltd ltd has a good Quality control system together with Research and Development which is comparable to its best in the Industry. It is to the Credit of its good Quality Control system and efficient R and D Department, that Bunge India Pvt Ltd, Rajpura has been honoured and awarded .The American International Quality Certificate And Gold Medal.
RESEARCH METHODOLOGY
FOCUS AND OBJECTIVES OF PROJECT Focus of my study is to highlight the significance of human Resource with following
objectives:Human beings are complex in nature with potential to grow This resource is creative and has the ability to contribute in further in the cause of human lives. The organization require to demonstrate due concern to Recruit & select required talent
APPROACH OR METHODOLOGY
I was briefed by very guide Shri R.K. Kalia G.M. (HR & Adm) He highlighted salient aspects of human Resource
Force.
SOURCES OF RECRUITMENT
Every Organization Has The Option Of Choosing The Candidates For Its Recruitment Processes From Two Kinds Of Sources:
SELECTION
Acc. To Dale Yoder Selection is the process in which candidates for employment are divided into two classes-those who are to be offered employment & those who are not.
SELECTION PROCESS
1. Screening of Application Forms
2. Tests
3. Interview
4. Selection Decision
Recruitment Vs Selection
1. The recruitment is the process of Searching the candidates for employment and stimulating them to apply for jobs in the organization WHEREAS selection involves the series of steps by which the candidates are screened for choosing the most suitable
process is to choose the right candidate to fill the various positions in the organization
3. Recruitment is a positive process i.e. encouraging more & more employees to apply WHEREAS selection is a negative process as it involves rejection of the unsuitable candidates. 4. Recruitment is concerned with tapping the sources of human resources WHEREAS selection is concerned with selecting the most suitable candidate through various interviews and tests..
2. PLANNING
3. SOURCES 4. RESUME COLLECTION 5. PRELIMINARY SCREENING 6. SCREENING 7. SHORTLISTING OF PROBABLE CANDIDATES 8. FIXATION OF INTERVIEW DATE 9. CALL LETTER
SELECTION PROCEDURE
Requirement and job specification by concerned department to HR Planning as per requirement and job specification Sources (Internal, External and Third Party) Resumes Collection Preliminary Screening HR Screening-Technical with head of Department (HOD) Short listing of Probable candidate for interview. Fixation of interview date. Call Letter For Interview
Preparation of Interview Data Sheet and Assessment Sheet Interview of candidate by panel. Final Short listing of Probable Candidate by Interview Panel. Salary Derogations Approved by Management Offer letter Joining formalities Induction Report submitted to employees.
RESEARCH METHODOLOGY
Data Collection Methods
Primary Data:
Does your Company have a clearly stated Recruitment and Selection policy?
76% Employers agree that the Company have clearly stated Recruitment and Selection policy 20% says up to some extent and 4% do not agree
1. Quick Response Time for Requirement 2. Bringing in Quality People. 3. Proper Co-ordination with other teams or departments. 4. Efficient Maintenance and updating Database.
Does Buge Ltd., Rajpura ask candidates to enter into Bonds with them
80% say yes that they ask candidates to enter into Bonds and 20% do not agree. Mostly bond system exists in Non Managerial Staff.
Do you have a trained staff to take Recruitment and Selection decision in accordance with current employment legislation
90% of employers agree that they have current Employment Legislation and 10% do not have any views.
12% employers agree that they have good response from different regions
and 5% say they do have enough employees from distant place and 83% employees say response is satisfactory.
CONCLUSION
The company Bunge Ltd is following the clearly stated recruitment and selection policies. There is also proper coordination among the various departments. Consultants play and important role in recruitments. job profile
BIBLIO-GRAPHY
1. Awasthappa, k Human Resource and Personnel Management published by Tata McGraw-Hill publishing company limited, New Dehli. 2. Armstrong, Michael(1988),A Handbook of Personnel Management
Practice, Published by Kogan,London. 3. Rensis likert, The Human Organisation:Its Management andValueMc-
FINDINGS
The company Bunge Ltd is following the clearly stated recruitment and selection policies. There is also proper coordination among the various departments. Consultants play and important role in recruitments. job profile and job description plays an important role while selecting an candidates. Bunge ltd, is not conducting any of the test while recruiting the people the committee should conduct test like aptitude test, intelligence test, stress test, etc for the high posts and which
have high work load. This will help in bringing efficient people in the company.
Bunge ltd, should improve their salary structure to encourage more applicants to apply. Bunge ltd, should use wide advertisement methods like electronic media so that information can reach to far places