Professional Documents
Culture Documents
If words are considered as a symbol of approval and token of appreciation then let the words
play the heralding role expressing my gratitude. I would like to express my profound Gratitude
to all those who have been instrumental in the preparation of this Internship Project Reports.
First of all I thank to that Gracie God and my parents who blessed me with all kinds of facilities
that had been provided to me for completion of my report.
I would like to express my deep sense of gratitude to Dr. Col Prof. Bala Subramanian, the
President of Sri Balaji Society for providing us opportunity to learn and explore.
The satiation and euphoria that accompany the successful completion of the project would be
incomplete without the mention of the people who made it possible.
I would like to express my sincere thanks and extreme gratefulness to Ms Sutapa Adhikary
Head Human Resource of Walchandnagar Industries Ltd who was generous enough to allow
my research to be done successfully.
I also acknowledge my deep gratitude & special thanks to My Reporting Manager Ms Purva
Mashalkar Dy.Manager HR & Mr Aniket Ingle HR Executive Walchandnagar Industries Ltd,
Pune for the precious time sacrificed for guiding me to absolute of excellence.
My special thanks to all my faculties for their valuable teaching and guides that helped us to
reach the desired goal.
I am also very thankful to my entire HR Team of the Walchandnagar Industries Pune &
Walchandnagar for all time support and concern they shown.
Last but not the least I thank to my friends and all the individuals both in the organization and
outside, who helped me in innumerable ways in completing this internship smoothly and
successfully.
Nikhil Tripathi
Self-Declaration
I Undersigned, Nikhil Tripathi hereby declare that this report is submitted as the partial
fulfilment of PGDM program BIMM, Pune and for the fulfilment of the summer
internship Program. The Project entitled “Optimising the Recruitment & Selection
Strategies & a Critical Analysis of Candidate Dropout” has been researched and
written by me undertaken at the Walchandnagar Industries Ltd, Pune.
Project submitted to Ms Sutapa Adhikary, Head HR of the Walchandnagar Industries
Ltd, Pune and reporting is done to the Ms Purva Mashalkar Dy.Manager HR & Mr
Aniket Ingle HR Executive of the Walchandnagar Industries Ltd Pune.
It is a genuine work done by me and all the facts and figures collected and analysed are
real and to the best of my knowledge and work experience.
Date
Nikhil Tripathi
BIMM (PM&HRD) MM1719656
Table of Content
The Project titled “Optimising the Recruitment & Selection Strategies & A Critical Analysis
Of Candidate Dropout” undertaken at WIL, Pune involves SWOT ANALYSIS of the current
Recruitment mechanism and also developing the prospective solutions for improvisation in
the current recruitment and selection processes.
Success of every business enterprise depends on its human resource. Finding the right man
for the right job and developing him into a valuable resource is an indispensable requirement
of every organization in fact Recruitment and selection are two important functions of the
Human Resource Department in any organization. Proper recruitment helps the line
managers to work most effectively in accomplishing the primary objective of the enterprise.
Recruitment also remains the line manager’s responsibility as the personnel requisition forms
are originated by the line personnel only, who also have the final word in the acceptance or
rejection of a particular applicant.
The Purpose of this Project was to analyse and study the reasons why candidates are not
accepting or declining a job offer. This study would give us a direction as to what exactly is
going wrong or if any expectations are not met that has to be considered by us this will help
the HR department in streamlining the Recruitment & Selection mechanism in the light of
competitive market scenario for competent candidates as well as considering the impact of
external environment in choosing his/her job, use of technology in today’s business
dynamics. The project include various key areas in the recruitment process where
organization can use automatic system and software in recruitment process for making
realistic decision and leverage the use of social media for branding the company.
Moreover gaining insight and in depth knowledge of the whole recruitment process and
making analysis about the various problems organization is facing in recruiting suitable
candidates for the company.
In a larger perspective the project intended at studying the candidate dropout after giving the
job offer as well as critically analysing the existing selection process of WIL and providing
for the potent solutions pertaining to the existing problems.
In this project I have attempted to understand the reasons for dropout and suggest some
measures, addressing directly/indirectly the issue of dropouts.
At the end designing a set of documents to be used in the recruitment and selection processes
by the company as a tool for preventing defaulting candidate.
SOME KEY DELIVERABLES ARE
1. Analysis of current mechanism and online recruitment portal
2. Sourcing of CV`s from different sources and shortlisting and taking telephonic interview
3. Assisted and lining up entire interview process
4. Maintaining MIS for recruitment
5. SWOT Analysis of Recruitment and Selection process
6. Evaluating employee database of 300 employees as per the various statutory points.
7. Forming Questionnaire set to be used as a document to be used during interviewing
candidates.
8. Assistance to HR Personnel in many other activities.
INDUSTRY ANALYSIS
INTRODUCTION
Indian engineering industry is a diverse industry with a number of segments and can be
broadly classified into two sections namely heavy engineering and light engineering:
Indian Engineering
Sector
Heavy Light
Industry Industry
The Heavy Engineering Industry comprises of capital goods/machinery and equipment and
transport equipment sub-segments. In capital goods/machinery and equipment sub-segment,
there are two-sub segments namely electrical and non- electrical machinery. The electrical
machinery comprises power generation and transmission and distribution equipment like
motors and generators, switchgears, transformers and energy meters. The non-electrical
machinery segment comprises engines of all types, material handling equipment, machine
tools, textile machinery, printing machinery earthmoving machinery boilers, turbines, high-
end industrial pumps, high-end industrial compressors etc.
Contribution to the Economy
Being a part of capital goods sector which contributes 12% to the manufacturing sector. And
contributes over Rs. 25,000 cores to the economy in the form of taxes and levies. Indian
Engineering sector has witnessed a remarkable growth over the last few years driven by
increased investments in infrastructure and industrial production.
The annual production of heavy engineering goods is an estimated 2,00,000 crores. And the
capital turnover in India was around US$ 70 billion in 2017 and is expected to grow to US$
115.17 billion and add 21 million jobs by 2025.
Outsourcing story- Engineering companies exhibit huge potential for direct exports and
outsourcing. Global manufacturing companies are preferring India as an outsourcing
destination due to its lower labour cost and better designing capabilities.
Government Initiatives
The sector has been de-licensed and enjoys 100 per cent FDI inflows which worth approx.
US$ 3.39 billion during April 2000 to December 2017.
With the aim to boost the manufacturing sector, the government has relaxed the excise duties
on factory gate tax, capital goods, consumer durables, vehicles etc.
The approval of significant number of special economic zones (SEZs) across the country.
The development of the Delhi Mumbai Industrial Corridor (DMIC) across seven states is
expected to further bolster the engineering sector.
Initiatives like ‘Make in India’, major international players have entered the Indian
engineering sector due to significant growth opportunities.
Future Ahead
India on its quest to become a global superpower has made significant strides towards the
development of its engineering sector. India became a permanent member of the Washington
Accord (WA) in June 2014. The country is now a part of an exclusive group of 17 countries
who are permanent signatories of the WA, an elite international agreement on engineering
studies and mobility of engineers.
The Government of India has appointed the Engineering Export Promotion Council (EEPC) as
the apex body in charge of promotion of engineering goods, products and services from India.
INDUSTRY STATISTICS
SETH WALCHAND HIRACHAND
(1882 – 1953)
INTRODUCTION
Walchandnagar Industries Limited (WIL) is an ISO 9001: 2008 certified Indian company
with global presence and diversified business portfolio in Projects, Products and High-tech
Manufacturing. Carrying more than 100 years of Engineering Excellence legacy, WIL has
established its name as one of the best in its operational areas. WIL is known for pioneering
achievements in Indian engineering industry and for its contribution to nation building
activities. WIL is a listed company on the BSE and NSE stock exchanges in India.
WIL has a strong engineering, project management and manufacturing infrastructure to
undertake projects and supply of machinery and equipment, in the fields of Nuclear Power,
Aerospace, Missile, Defence, Oil & Gas, and Steam generation plants, Independent power
projects, Turnkey Cement plants, Mineral Processing,BulkMaterial handling and Turnkey
Sugar plants. WIL has a large proven reference list of satisfied customers across the world.
Debutanizer Column (Process equipment) being
Dispatched to OIL Assam from Walchandnagar
First ever
CEMENT PLANT&MACHINERY
DEFENCE&MISSILES
FOUNDRY
GEAR BOXES
INSTRUMENTATION
MINING&METALS
NUCLEAR POWER
POWER PLANTS & BOILERS
AEROSPACE
SUGAR PLANT & MACHINERY STEAM & POWER GENERATION
SUCCESS STORIES
Named after the founder, Walchandnagar is a well-designed township having all civic
amenities
Located 26 Km from main Mumbai- Hyderabad national Highway and 6 Km from state
High Way Baramati-Indapur
Spread over 157 acres of land, includes 50 acres of factory area.
A cosmopolitan Township with a population of approx. 15,000
Well established infrastructure
Established primary schools in each Agricultural Estate
English and Marathi Medium High school in Walchandnagar
A 70 bedded modern hospital
Modern Sports facilities both outdoor and indoor
Senior citizen park, children play park
Banks/ATM centers etc.
Rural Education
Imparting free education to under privileged children and establishing schools up to
Higher Secondary grade
Rural Health care
Conducting free health and eye check-up camps as well as blood donation camps
Supply of filtered drinking water and providing adequate sanitation facilities.
Environment
Conducting tree plantation drives and other activities such as waste recycling and
energy conservation.
•Defense
Hi Tech •Aerospace
Manufacturing •Missile
•Nuclear
One of the issues that HR faces is of dropouts. This is an important issue and needs attention
because recruiting involves investing of lot of time, cost and efforts in terms of advertising
finding a suitable candidate then arranging process and conducting interview, by the
recruiting department. It is essential to find out or understand the reason for not accepting a
job offer. It will also help understanding the mind set and perceptions of the candidate and
take measures or make changes taking into consideration their expectation.
It’s no secret that we are living in a candidate-driven market, with demand to fill open
positions far outstripping supply in many different industries. This means recruiters are
facing an increasingly demanding and competitive talent market with many recruiters going
for the same candidates.
Therefore the reasons are very subjective and varied for a candidate to decline an offer.
Therefore this study is an attempt to find out reasons and what are the factors that affect a
decision of a candidate regarding job offer. And also to find out few factors that contribute
majority and what can be done to reduce the impact of these factors.
Candidate accepting the job offer and rejecting it on a later stage (Candidate dropout).
Using the job offer as a negotiating tool with other companies or their current
organizations.
OBJECTIVES OF STUDY
• To study about the factors affecting recruitment and propose a potent solution in
order to improve the current process to make it more effective.
• To evaluate the shortcomings of the recruitment process and suggest probable areas
of improvement for the same.
• To estimate the rate of effectiveness of the selection process such as interview, tests
etc.
• To understand the candidate experience and suggesting possible ways to improve it.
INTRODUCTION
In the rapidly changing and fast moving business environment, Recruitment and selection
Strategies are critical in creating competitive efficiencies in all aspects of the Recruitment
cycle.
In order to harness the human energies in the service or organizational goals, every HR
manager is expected to pay proper attention to recruitment and selection activities in an
organization.
This Project is a tool to strengthening and streamlining the existing Recruitment and selection
practices that are helpful in reducing the candidate dropout savings department resources and
time. This Research study also provide catalyst to ensure that the hiring process works
efficiently as it is an important part of recruitment and talent management in the organization.
The world's best companies have established their strength with their people. The employees
identify themselves with the company they are working for. This also helps in building up
their spirit, morale and espirit-de-cops which becomes strength of the company. There are
certain ways that are to be followed by every organization, which ensures that it has right
number and kind of people, at the right place and right time, so that organization can achieve
its planned objective.
RECRUITMENT AND SELECTION
RECRUITMENT
Recruitment can be defined as searching for and obtaining a pool of potential candidates with
the desired knowledge, skills and experience to allow an organisation to select the most
appropriate people to fill job vacancies against defined position descriptions and
specifications.
The purpose of the recruitment process is to find the widest pool of applicants to provide the
greatest opportunity to select the best people for the required roles in an organisation.
Acquiring the best applicants for a role can be a competitive advantage for an organisation
whereas ineffective recruitment and selection can result in enormous disruption, reduced
productivity, interpersonal difficulties and interruptions to operations, customer service and
long term costs.
SELECTION
Once a pool of candidates has been identified through the recruitment process the most
appropriate candidate, or candidates are identified through a selection process including but
not limited to interviewing, reference checking and testing. The purpose of the selection
process is to ensure that the best person or people are appointed to the role or roles using
effective, fair and equitable assessment activities.
RECRUITMENT STRATEGY
Having an effective recruitment strategy is paramount to the success of any organisation. The
recruitment and selection function can become a costly and inefficient process if not
approached in a systematic and proactive manner. A recruitment and selection strategy:
Ensures the organisation has the necessary skills, knowledge and attributes to meet current
and future strategic and operational requirements
Ensures supply meets demand requirements
Increases the pool of potential applicants
Improves the selection process by ensuring that only those applicants that meet the
requirements of the position are selected for further investigation
Can impact on the likelihood that a suitable candidate will accept a job offer
Increases organisational effectiveness
INTERNAL
o Size of the Organization
o Recruitment Policy
o Image of the Organization
o Job Profile
Advantages
o Familiarity with one employees
o Better use of talents
o Economic Recruitment
o Improve Morals
o Motivation
Disadvantages
o Limited choice
o Discourage Competition
o Stagnation Of skills
o Conflicts
EXTERNAL
o Demographic Factors
o Labour Factors
o Unemployment situation
o Labour Laws
Advantages
o Open Process
o Availability of vast talents
o Better Opportunity
o Healthy Competition
Disadvantages
o Expensive and time consuming
o Unfamiliarity with the organization
o Discourage the existing employee
FACTORS AFFECTING CANDIDATE CHOICE IN A JOB
OFFER
Requirements CV
CV Shortlisted
Submission
For Interview
2nd Level
Candidate Selection
Screening Process
Recruitment
Planning
Candidate
Recruiting Manager
Interview with
HR Dept Shortlisting Dept Head OR HR
Candidates CV Head OR BOTH
Database
Mining & CV
Sourcing Screening
Selection
Decision
Employee Boarding
Joined & Position Job Offer
Closed
RECRUITMENT PROCESS FOLLOWED IN WIL
HIRING AUTHORIZATION REQUEST
The entire recruitment process starts with the present and future manpower planning
in the organization by the line managers of the particular department.
Line managers send a job request to the HR manager which is approved by the CEO
Job requisition along with the JD (job description) is sent to the HR manager.
INTERNAL RECRUITMENT
Candidates may be identified from internal database
Through the MIS with all the details of the employee’s suitable candidate for the job
can be selected for the required job.
EXTERNAL SOURCING
HR manager source the profiles through the job portals (Naukri.com)
Sourcing is done, keeping in mind the job description which include (KSE)
Knowledge, Skill and Experience required for the job.
The previous organization where the candidate worked or still working should have
an important role in sourcing.
As it a Gear motor manufacturing company, the sourcing should be focused on the
profiles which have a link with gear and Transmissions.
The matching profiles is saved and HR executives create a Tracker in MS-Excel for
their references.
The candidates profile in tracker will be contact by the HR executive to know the
interest of the candidate.
JOB CONSULTANCIES
Sending job description to the consultancy agencies
Sourcing the suitable profiles through the discussion with the consultancy agency HR
manager and listing the screened profile
SHORLISTING PROFILES
Creating a snap shot of the profiles with the details of their previous job profile,
experience, Skills and Notice period.
Shortlisting the profiles by discussing between the HR manager with the line
managers
Selecting the list of the candidates for the interview by contacting them and
determining their interest level.
INTERVIEWS
Interview is a process, where the well qualified candidates can be viewed internally
regarding their actual interest and knowledge about the job
Following up the shortlisted candidates and scheduling their appointment for the
interview.
HR HEAD INTERVIEW
Second level of interview will be conducted by the HR Head where the candidate is to
get the (RJP) Realistic Job Preview
Personality and communication of the candidate should be tested
HR manager will let the candidate to make clear about the organizational
environment.
REJECTION
In manufacturing industry, the selection process is the discrete selection process,
where the candidates will not be rejected in between any levels of interview. This is
because, the candidate will not be good in one aspect but he/she will be good in other
all aspects. The information of rejection will be passed only after the final interview.
It is the duty of the HR Manager to give feedbacks to those candidates, who are not
selected with some motivational speech. It is mandatory because the company’s
reputation will be reflected in its selection process.
SELECTION
The HR manager will follow up the selected candidate and make them to ready for
further proceedings.
The rejected candidate should be given feedback and the company’s image should be
prevented by motivating them and sending off.
SALARY NEGOTIATION
Discussion should be made with the selected candidates regarding the salary package
depends upon their experience.
Identify and implement cost savings and safety initiatives.
Adapt machine or equipment design to factory and production conditions.
BACKGROUND VERIFICATION
Verification about the selected candidate by the HR manager through the references
(i.e.) there previous employers, whom the employee mentioned in interview
application form.
The candidate’s behaviour in the previous organization and their reason for leaving
the organization
Two or Three references should be given by the candidate.
OFFER LETTER
HR manager should issue the offer letter to the candidate
Appointment date, venue and all other allowances should be mentioned.
It will also include the salary package, Superior authority to whom the candidate
should report, tasks, rules and regulations of the company.
RESEARCH METHODOLOGY
Introduction
This chapter explains how the research was conducted. It starts with a brief definition of
research, the design, strategy, then followed by the method and procedures that were used in
collecting data:, the population, sampling size and sampling technique, data collection, data
analysis and limitations.
Sources of Data
The researcher used both primary and secondary sources of data for the study.
Primary Method
Sampling design:
Target Population Employees (Executives) in all department. Of Pune Walchandnagar
Corporate Office.
Sample Size 50
The researcher used both descriptive and analytical type of research design for
his research study. The main objective of using descriptive research is to
describe the state of affairs as it exists at present. It mainly involves surveys and
fact finding enquiries of different kinds. The researcher used descriptive
research. Descriptive research and exploratory research in the field of
Recruitment.
The Structured questionnaire is used as the research instrument for the study.
Questionnaire Design:
The Structured questionnaire is used as the research instrument for the study. In
Which all the questions are predetermined before conducting the survey. The
form of question is of both closed and open type.
The scales used to evaluate questions are:
Dichotomous scale (Yes or No , Can’t Say)
Likert 5 point scale (Strongly Agree ,Agree Neither Agree Nor Disagree,
Disagree, Strongly Disagree)
Open Ended Questions (Multiple items)
Close reflection of these questions will throw some important insights on what can be done to
prevent dropouts among offered.
15
25
65
As we can see that major reasons as stated by employee is salary company have a very
limited control on candidate demand for increased salary as the company is coming out of
financial crisis still it cannot afford CTC more than what have been incurred on outgoing
employee as it will not suit as per the financial capability increasing its manpower budget
moreover company cannot discourage its salary policy for filling a position.
Therefore to avoid dropouts in this situations HR Executive should make a note of salary
issue/doubts is communicated by the employee well before the interview process so that
company will take more options into consideration for the positions.
As far as location issue is concerned candidate should be well informed of the job location
and his consideration regarding location should be accessed. Moreover if a job involves lot of
travelling that should be also communicated to the candidate well in advance during the
telephonic interview itself.
As far as personal issues are concerned there can be number of issues like
Past 6 months data as per company records shows that Junior Management level positions are
more declining the job offer. Whereas Middle level Management post are less likely to
decline a job offer.
Moreover it has been observed from the RAW Data of the company dropout candidate
database. Candidates been rated highly good in the assessment by their interviewer in the
interview evaluation sheet are more likely to decline the offer that means they are competent
candidate and some of them must be considering our offer as a secondary choice and
searching for more job options as per their suitability therefore the Recruitment Executive
must take a note and should keep other competent candidates on hold until and unless he/she
joins the company.
A candidate always analyses the job offer at his best and it does happen that they are in a
psychological dilemma therefore proper communication about job opportunities as well as a
value proposition must be communicated to the prospective candidate so as to clear his
doubts and apprehensions if any.
Career Development
Job Charachteristics
Work Enviorment
Compensation& Benefits
Work-Life Balance
Management Behaviour
Retirement
Other
Relocation
Well-being
28%
25%
26%
20% 22%
15%
14%
10%
5%
6%
4%
0%
Pune W'Ngr Satara Dharwad Vizag Others
Satara Foundry Division have high number of Dropouts owing to its small amount of
workforce high dropout is a major issues that can directly hamper productivity there.
Q1) What are the Attraction factors that motivated you to work in the Walchandnagar
Industries?
Key Attraction Factors
0% 5% 10% 15% 20% 25% 30% 35%
Goodwill 28%
Culture 16%
Culture is also a factor which is been considered by many employees sound ethical practices
and a whole lot of CSR activities by the company helps in building a strong corporate culture.
Offering candidate a strong company reputation and high quality benefits and learning
opportunity together with a strong corporate and ethical culture will give a candidate a
wholesome wonderful experience from the company. The Organization should leverage its
branding strategies focusing more on these above mentioned topics.
Q2) Communication regarding job profile and opportunity for the position for which you were
being considered was clear to you.
60%
50%
40%
30%
20%
10%
0%
Strongly Agree(%) Agree(%) Neither Agree Nor Disagree(%) Strongly Disagree(%)
Disagree(%)
Q3) The Recruiting Executive interacted and communicated with you to personally clear your
apprehensions & doubts.
50%
45%
40%
35%
30%
25%
20%
15%
10%
5%
0%
Strongly Agree(%) Agree(%) Neither Agree Nor Disagree(%) Strongly Disagree(%)
Disagree(%)
Q4) During the interview process, you were been asked questions that were relevant to the
role offered?
45%
40%
35%
30%
25%
20%
15%
10%
5%
0%
Strongly Agree(%) Agree(%) Neither Agree Nor Disagree(%) Strongly Disagree(%)
Disagree(%)
Q5) The job description given during the recruitment process is relevant to your current job
role.
60%
50%
40%
30%
20%
10%
0%
Strongly Agree(%) Agree(%) Neither Agree Nor Disagree(%) Strongly Disagree(%)
Disagree(%)
Q6) Walchandnagar Industries Ltd as a brand was projected to you during your selection?
50%
45%
40%
35%
30%
25%
20%
15%
10%
5%
0%
Strongly Agree(%) Agree(%) Neither Agree Nor Disagree(%) Strongly Disagree(%)
Disagree(%)
Q7) Which part or process of the recruitment do you believe needs improvement?
Process Coordination&Communication
No improvement Required
Onboarding Activities&Process
Selection Process
PROSPECTIVE SOLUTIONS
Candidates today are highly likely to take the digital loudspeaker and tell others about their
travails and bitter trysts with companies or recruiters. Glassdoor and similar websites, are
examples where negative reviews can really hit our standing as an employer. While it is
essential to address bad reviews as quickly as we can, there are several other things we can do
to deliver an outstanding candidate experience.
DEVELOPING CANDIDATE PERSONAS
A little bit of introspection and self-awareness about their educational and professional
backgrounds, aspirations, strengths, weaknesses, ambitions, fears, challenges, proficiencies,
attitudes, and possible complaints about the company or the job profiles in question should be
accessed and evaluated.
Candidate experience being a major factor directly linked with employer branding.
Presenting an all-round brand experience is the key to attracting top talent in India. From the
very first point of contact leading up to the interview, the applicant must
Have a very good picture of your organization culture. Branding videos, employee
testimonials, and advertisements on social media and job listings is what needs to be
developed to get that message across.
Our company website is giving the true picture, is easy to navigate, and most importantly, has
a great ‘Careers’ section. Include pictures of the team and the workplace to show candidate a
true picture of how it is to work in WIL and when the inquiries and applications start pouring
in, we make sure to live up to the promises we have made as a brand. Investing in a strong
employer brand will give us a major advantage in attracting top talent.
76% of companies said that Social Media was their main channel when it came to
communicating their employer brand.
After every stage of the interview process, it is essential to keep the applicant in the loop
about what is going on and what the next step will be. Even if a candidate fails to meet your
requirements, send out an email conveying your honest feedback about how he/she can
improve and perform better at future interviews.
A humanized and candid feedback can make sure your reputation as an employer is
maintained, and the chances of unnecessary negative reviews are reduced (apart from well
and truly engaging the applicant).
Our standing as an employer or recruiter can really take a massive hit because of negative
reviews on Glassdoor and other websites. Keeping a track of such reviews, informing
candidates that you are aware of such criticisms, and taking proactive steps to address the
issue is the best way to address this issue.
70%
60%
50%
40%
30%
20%
10%
0%
Naukri.com Consultancy Employee Referral Campus Recruitment
As we can see that most used and reliable source for recruitment is Naukri.com portal.
Followed by consultancy Walchandnagar Industries only take services of these
consultancy for an urgent vacancy or where the company don’t have required number of
candidates for a position. There are 3-4 major consultancy and records shows that they
have been able to provide competent candidates on time.
As far as Campus Recruitment is concerned company takes campus drive to recruit mostly
GET candidates from different engineering colleges. Management job recruitment is
restricted to Engineering Divisions only. Company can also hire students for Finance HR
and different others departments in future so as to create a competent talent pool which
foster organizational growth & targets.
Company have closed urgent vacancies with good number of experienced candidates
through Employee Referrals but no Incentive been given to referee. To leverage the
potential of Employee referral to have an effective hiring. Company should provide some
amount of incentive to the referee employee if the candidate joined the company and been
working for more than 6 months in a row.
FINDINGS
GENERAL
Over 94% recruiters use LinkedIn to recruit new candidates and 79% of job seekers
use social media to find new jobs.
With businesses striving to get the cream of this digitally-savvy lot, leveraging social
networks to source talent has emerged as one of the top recruitment priorities for 43%
of Indian companies.
So there is an urgent need for the company to modernise its Recruitment strategies.
POSITIVE
Walchandnagar Industries Ltd, don’t have the annual and monthly manpower plan but
analysis shows, the company is able to meet of approx. 94% of its manpower
requirement every month.
The organization uses both the internal and external sources. External channels are
used more in numbers for recruitment and selection process but observation says
internal source is more effective in terms of end results.
To meet up urgent requirement of the workforce, consultant agencies are most
preferable sources of recruitment.
There is a 3 months’ notice period for employee resignation and within 30 to 60 days
HR personnel are able to fill the gap.
Company have closed urgent vacancies with good number of experienced candidates
through Employee Referrals but no Incentive been given to referee. There is a need to
leverage the potential of Employee referral to have an effective hiring.
NEGATIVES
Although naukri.com and campus placements is the major sources of recruitment but
employee referral in past has proved to be more reliable in terms of candidate
selection so employee referral needs to be leveraged more to derive potential benefits
in terms of savings cost and time.
RECOMMENDATIONS
Dropout is something that can’t be eliminated from an organization completely because there
will be few problems or reasons which can’t be addressed or solved completely. Few reasons
would be personal and cannot be solved and to an extent dropout is good because you don’t
want them to join with a confused mind and leave the organization in short time, or even be
unsatisfied with the organization. Again coming to cost aspect it is expensive if candidates
join but soon wish to leave if unsatisfied. As an attempt to understand the problem I am
making a few recommendations mentioned below:
Communication regarding job role, organisation, and hierarchy under org chart to the
prospective candidate so that he well knows where and at which position he lies in the
organization and he is comfortable enough with that position on the job.
There is scope for computerized resume screening which can be adopted by the
organization as it is becoming more popular and an important tool in coming future
which will save time and resources both and will also reduce the burden of
recruitment executive.
Recruitment related database should be maintained and updated on daily basis and a
review of it should be done every month whereas analysis should be made each
quarter to find out inefficiencies any lack and address them by conducting a meeting
etc.
Social Networking Should be leveraged to bring effective recruitment plus
networking
Must get filled up a feedback form from the candidate interviewer to know their
overall experience of interview process. This will effectively monitor recruitment
effectiveness in terms of smooth functioning. Of selection process.
Company should also hire students for Finance HR and different others departments
from campus recruitment drive in future so as to create a competent talent pool which
will foster organizational growth & targets.
The recruiter should be sensitive and receptive to any of candidate’s slightest concern
over location, compensation, designation, work profile, joining date, induction, perks,
policies etc. Any one of these can later turn into the main reason for not joining the
organisation.
Make a note of unusual signs like candidate dilly-dallying offer acceptance for no
reasons, not resigning from his current services, over negotiating on salary,
postponing the scheduled joining date, not taking interest in the pre-joining
formalities, not showing basic expected inquisitiveness, drawing excessive
comparisons with his current company etc. to have a better connect with your
prospective recruits.
Introducing Psychometric test in future to choose best and more reliable candidates
who are less likely to decline job offer and would be associated with the company for
the longer time.
Measures to be taken for employer branding.
Identifying the competencies and behaviour pattern for each job for recruiting
potential talents over polished ones.
Addressing bad reviews proactively
Restructuring the overall candidate experience:-
The overall structure of the company career site.
Prompt reply to company reviews in various career and job site.
Joining bonus to candidates if joined early for urgent vacancy.
Asking Candidates to join 7-10 days prior or issue them offer letter of
Dates and during which engage them to get acquainted with company and functions.
Making interview a two way discussions less of interrogation and at same time
judging their competency for the position applied.
Increasing presence on social and career websites.
Timely feedback sessions to be organised.
Use of recruitment Software.
Candidate should be mailed about company information, Career Growth opportunities
prior to the interview. Even their fixed internal title hierarchy and their increment
structure, this acts as an immediate check on a candidate's expectations.
A leaflet/brochure highlighting company’s core competencies and value proposition
should be made available to candidate along with the offer. It should capture brief
history, achievements, awards & accolades, leadership team profile, vision, mission,
industry standing and other factors which give company a competitive advantage over
others.
Make the highly qualified employees there brand ambassador and write there
testimonials on Company website and LinkedIn.
As a measure to show the career an growth opportunities company website should
Described the engineering work at WIL
SWOT ANALYSIS OF RECRUITMENT
STRENGTH WEAKNESSSES
Strong Brand Recognition and Goodwill Limited Budget
OPPORTUNITIES THREATS
Stiff Competition from leading Heavy
Use of technology can be leverage such Engineering Companies for the potential
as Skype interview etc. candidate
CONCLUSION
The Human Resource practice in the Walchandnagar Industries Ltd is doing its best in
managing the manpower. The HR team has been successful in creating a workforce which is
culturally fit and competent enough to take the 110 year old organization to new heights Even
though the number of employees are very high and divided in areas across the world all off
them work as a family for a single goal.
An effective study report is made on for the Walchandnagar Industries and useful conclusions
are drawn in order to help the organization in improving its functions and strategies. Some of
them are as follows:
While going through my study during the exposure to organization practice, I have found that
there was old set of formats or Models was used for carrying out Recruitment and selection
process that was not updated a per the changing requirement but with the help and support of
the management and with the guidance and amiable nature of the executives of the HR
department I was able to complete my study on the desired topic.
The exposure I got during my on the job internship experience helped me a lot to understand
how an organization work and specially recruitment and selection are one of the crucial and
critical areas of practice this is not possible without HR efforts and without proper planning
and execution led me to complete my project on such a small span of time.
Apart from that various activities mentioned in the internship log book where I was involved
and fully engaged within the periphery of HR functions helped me to get acquainted with and
then gaining practical insights about how the HR functions are practically executed and
performed. Here I also got appreciation for my work.
Walchandnagar Industries not only taught practical aspects of what we studied before but it
also taught me a lesson of professionalism and practicality. Being a human it’s good to be
emotional but being a professional it’s important to be practical and smart worker, only then
we can justify our roles and solve some serious problems.
The best candidates today don’t apply. They discover new opportunities through personal and
social networks, respond to companies that value them for more than their skills and expect
personalized experiences, not transactional engagement.
BIBILOGRAPHY
Books & Journals
・ Human Resource Management C.B.Memoria
・ Research methodology C.R.Kothari
・ Journals, Newspaper and Internet
Armstrong, M (2006), Strategic HRM: The key to improved business performance, CIPD,
London
1) What were the Attraction factors that motivated you to work in Walchandnagar
Industries?
2) Communication regarding on the job profile and opportunity for the position for
which you were being considered was made clear to you?
3) The recruiting manager interacted and communicated with you well to personally
clear your apprehensions & doubts?
4) During the interview process, you were been asked questions that were relevant to
the role offered?
5) The job description explained during the recruitment process is relevant to your
current job role?
The first one "Document A" is a Legal Undertaking that a candidate signs before taking up
the interview process.
The second "Document B" is a Legal Undertaking that a candidate signs after taking up the
interview process.
DOCUMENT A
==================================================================
============
__________________________________________________________
1. I hereby undertake to join Walchandnagar Industries Ltd on or before the latest date of
joining mentioned above, provided I am offered a salary in the range I expect, and the
title/designation is as per my expectations and the job description interesting.
2. I understand that I will be given a one-time option not to take up the offer after the
interview process is completed with interviewee of Walchandnagar Industries Ltd.
3. If I do not exercise this option, I understand that I will be required to join Walchandnagar
Industries Ltd as per their offer issued to me, which is as per my expectations, and what I
have agreed upon.
4. In case I do not join, for any reason whatsoever, I understand that Walchandnagar
Industries Ltd will suffer substantial financial loss in making attempts to find another suitable
candidate to join in my place, in addition to revenue losses due to delays in joining or not
joining.
5. I understand that promising Walchandnagar Industries Ltd in writing that I will join, and
not joining is breach of contract.
6. In such case when I do not join Walchandnagar Industries Ltd, I understand
Walchandnagar Industries Ltd will have the right to take suitable action.
7. I understand that this document is not a promise of employment.
8. I have read the above undertaking, and the implications of signing this document have
been explained to me and I accept the above conditions,
out of my own freewill, without any coercion.
Date: ______________________
End of Document A
==================================================================
====================
==================================================================
====================
DOCUMENT
B*Pre-Employment Contract *
This Pre-Employment Contract is made on this _______ day of ________, 2018 by candidate
name and between Walchandnagar Industries Ltd, a company incorporated under the
Companies Act, 1956 and having its registered office (hereinafter called Walchandnagar
Industries Ltd , which name shall mean and include its legal representatives and assigns of
the first part), and
I as a candidate responded to Walchandnagar Industries Ltd 's recruiting efforts and has
attended an interview with Walchandnagar Industries Ltd for
a suitable position therein.
After the interview process, Walchandnagar Industries Ltd decided to offer the candidate
employment in Walchandnagar Industries Ltd and I have decided to accept the employment
offer on the following terms:
1. The Candidate hereby accepts Walchandnagar Industries Ltd.’s offer and undertakes to
join Walchandnagar Industries Ltd on or before the date of joining mentioned above.
4. The Candidate has been explained about his/her key responsibilities about the job and the
candidate believes this job to be in line with his/her
career growth.
5. The Candidate has been given a one-time option not to take up the offer after the interview
process was completed, if he/she was not satisfied
with any of the offer components mentioned above.
6. The Candidate asserts that he/she is satisfied with the offer and hence has not utilized that
option, and wishes to go ahead with the offer process.
7. The Candidate understands that the candidate will be required to join Walchandnagar
Industries Ltd as per Walchandnagar Industries Ltd.’s offer issued to the Candidate, which is
as per the Candidate's expectations and what the Candidate has agreed upon.
8. In case the Candidate does not join Walchandnagar Industries Ltd , for any reason
whatsoever, the Candidate understands that Walchandnagar Industries Ltd will suffer
substantial financial loss in making attempts to find another suitable candidate to join in
his/her place, in addition to revenue losses due to delays in the Candidate's joining or not
joining.
9. The Candidate understands that promising Walchandnagar Industries Ltd in writing that
he/she will join, and not joining is breach of this contract.
10. In such case when the Candidate does not join Walchandnagar Industries Ltd, the
Candidate understands that Walchandnagar Industries Ltd will have the right to initiate
appropriate legal proceedings against the Candidate and his/her assigns. Courts of Law in
Pune will have jurisdiction over this contract.
11. The Candidate has read and understood the above covenants, and the implications of
signing this document have been explained to the Candidate.
12. The Candidate accepts the above conditions, out of his/her own freewill, without any
coercion.
_______________________________
_______________________________
Signature of
the Candidate
Name:_____________________ Name:
_______________________
Title/Designation:______________________
Witness 1:
Name:__________________________
Address: ________________________________
________________________________________
________________________________
________________________________________
________________________________
End of Document B
1. Some candidates will sign without any explanations from our side.
2. Some will sign after they received explanations.
3. Some candidates did not want to sign these documents citing several reasons. We felt it is
better to send off the candidates at that stage, rather than waste time on them and eventually
losing them anyway.
4. Some candidates will openly expressed that they were just "looking around" and were not
serious.Etc...
This process is helping us to cut down our drop-outs. So as to interview serious candidates.
The candidates now would be more responsive when we schedule interviews. We can follow
this process for a few quarters before we have metrics that we can pass on to show if this is
effective or not.