Professional Documents
Culture Documents
1.1 INTRODUCTION
EMPLOYEE SATISFACTION:
Employee satisfaction is the terminology used to describe whether employees are happy
and contented and fulfilling their desires and need at work. Many measures purport the employee
satisfaction is a factor in employee motivation, employee goal achievement.
RECRUITMENT:
Recruitment refers to the process of finding possible candidates for a job or function,
usually undertaken by recruiters. It also may be undertaken by an employment agency or a
member of staff at the business or organization by an employment agency or a member of staff at
the business or organization looking for recruits. Advertising is commonly part of the recruiting
process and can occur through several means through online, newspaper, using newspaper
dedicated to job advertisement through professional publication, using advertisement placed in
windows, through a job center, through campus interview etc..
RECRUITMENT MEANING:
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RECRUITMENT:
Definition:
Recruitment practices:
Purpose
Even though he/she is not a part of the screening process, the hiring supervisor steers the
search by developing the recruitment criteria, the position requirements and preferred qualities,
the rating scales and interview questions. The recruitment strategy is the stage where the hiring
supervisor determines, with assistance from Human Resources, the timing for the search as well
as the way that the position vacancy will be communicated.
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Recruitment Sources:
Once it has been decided that additional employees are needed, than the recruiter is faced
with the decision of where to search for applications. The sources of recruitment commonly used
can be categorized into
Internal sources
External sources.
The Internal sources are classified into following category
Promotions.
Transfers.
Job rotation.
Rehires and recalls.
The objectives of this project are to study and analyze the current Employee
satisfaction towards recruitment process.
The findings of the study were based on the mindset of the respondents.
The respondents do not reveal the expected inputs to certain extent.
The study is limited to a single company.
The time constraint is another difficulty which the researches faced.
The difficulty in framing the questionnaire, henceforth to be translated
in Regional languages.
The respondents were too busy with their work during data collection, since
the researcher carried out the study in Company.
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3.1 REVIEW OF LITERATURE
3. According to Fredn.Paul and Felix Dojike (2006) volume-10, Issue -4, an excellent
student affair staffing programmes begins with hiring the right people and placing
them in positions with responsibilities and allow them to maximize the knowledge,
skills and talent in the pursuit of the recruiter in appointment of a candidate.
4. According to Robin . l . Joshua and Gibs . M . Solomn (2006) volume - 25, Issue -
4, The recruitment and selection of staff should be a very high priority in most if not
all units and divisions of student affairs. Recruitment should include procedures
directed to analyze the need and purpose of a position, the culture of the institution,
and ultimately to select and hire the person that best fits the position. Every position
vacancy will be filled based upon a thorough positio n analysis regardless of the level
of the position or the extent of the search.
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5. According to Lai Wan Hooi (2006) in “International journal of knowledge”, volume
– 8, Issue -4, technological advancement, globalization, and increasing shortage
of skilled staff and talent workers have made it crucial for companies to imple
ment appropriate recruitment practices to entice practices throughout the world
to attract, retain and motivate quality people to lead, manage and serve the
company in a competitive environment.
6. According to Kevin Wheeler (2005) volume-18, no-6, Kevin’s article does a nice
job of articulating the three major steps in recruitment, which are,
8. According to Franze(2005), With very low unemployment levels, competition for the
best employees is extremely keen. Firms that strive to maximize job candidates’ job
offer acceptance should realize increased competitive advantage through more
effective recruitment programs.
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10. According to Dr. Carol royal(2004) , Building on earlier work of Althauser and
Kalleberg, this research explores the workings of the internal and external labor
market by adopting an integrative internal labor market framework that goes beyond
the three- featured model espoused by Althauser and Kalleberg and that emphasizes
recruitment rather than selection criteria . It will also highlight how these practices
vary from the perceptions held by both management and employees and from the
ideal types outlined in the typology. The paper concludes by emphasizing the
significance of expanding the internal labo r market typology to include selection
criteria for the purpose of differentiating labor market types in an international
investment banking institution.
12. According to Timothy Mark and Kathleen Shearer(2003), the linking of individual
repositories has the potential of developing a true knowledge network where the
researcher can “harvest” relevant material from any number of repositories across the
world. Such an initiative is in the finest traditions of international scholarly
collaboration – and libraries would play a central part.
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14. According to McDonald AM (2003), in the search for the next great member of staff,
more and more businesses are shunning the outmoded recruitment agency in favour
of a more cost-effective alternative. Unsurprisingly, the new recruitment trend is
developing online. As reported recently in the Financial Times, web recruit is heading
up an innovative breed of companies offering employers a new way of recruiting
using online job boards.
15. According to Alok Vats (2002), the job recruitment agencies in India involves
identifying those posts, preparing the job description and person specification,
advertising, management of the response, the prequalification process, organizing
meetings, conducting interviews, making decisions, the appointment and action. Most
recruitment agencies in India follow three stages in the recruitment process, which are
essentially short list of application, preliminary assessment and final interview and
selection.
16. According to M. Van Latham and Peter M. Leddy(2002), this study empirically
investigated the relationship between recruiting methods and the work attitudes of job
involvement, organizational commitment, and job satisfaction. Multivariate and
follow-up uni- variate analyses showed strong recruitment source effects, with
employee referrals emerging as a better source of recruitment than newspaper
advertisements.
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18. I found 10 articles and research reports that discuss the challenge of recruiting and
retaining young professionals in IT and other fields and present innovative solutions.
This literature includes:
NCHRP Synthesis 323 examines various state employee recruiting and retention
strategies and highlights practices that present the best potential for
implementation and success in other DOTs. The report identifies strategies used
by nearly 20 state DOTs for recruiting IT professionals, such as internships,
career fairs and tuition reimbursement.
TCRP Report 77 describes best practices for recruiting and retaining employees
and identifies ways to enhance or establish partnerships between management and
labor for attracting, training and maintaining a qualified workforce.
Case studies include New York City Metro-North Railroad’s integrated approach
to IT recruiting, training and retention; Santa Clara Valley Transportation
Authority IT group’s image campaign and “grow our own” st rategy; and Denver
Regional Transportation District’s student intern program.
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An article in IT People discusses the growing trend among companies to use
“employer branding” to attract employees and keep them engaged. Employer
branding initiatives aim to build mindshare in potential recruits about the
company as a preferred place to work. ArunTadanki, Chief Executive Officer of
Monsterindia.com said: “Until recently, employment ads were just showing the
job description of the vacancy. The focus in the last two to three years has shifted
and is largely driven by the IT and ITES (information technology enabled services)
employers, to create a powerful image for the organization as a ‘dream place to
work.’ What differentiates one ITES company from another is largely its
employer brand image.”
INDUSTRY PROFILE
1.1 Industry Profile
In recent years the electronics industry is growing at a brisk pace. Its currently worth
$ 32 billion and according to industry estimates it has the potential to reach $150 billion by
2010. The largest segment is the consumer electronics segment. While is largest export
segment is of components.
The electronic industry in India consists just 0.7% of global electronic industry.
Hence its minuscule by international comparison. However the demand in the indian market
is growing rapidly and investment are following in to augment manufacturing capacity.
The output of electronic hardware industry in India is worth $11.6 billion at present.
India also exporter of a vast range of electronic components and products for the following
segments.
Display Technologies.
Entertainment electronics
Optical storage device
Passive components
Electromechanical components
Telecom equipment
Transmission and signaling equipment
Semiconductor designing
Electronic manufacturing service
With deli censing, decontrol and deregulation, Indian Industry has suddenly been
exposed to global competition. Since last decade, India has witnessed what global players
have achieved and what they are capable of achieving.
We are becoming aware of competition on our turf. In
thisscenario,everycompanycomplainsofincreasedcompetiti
o n , l o w e r o r d e r b o o k s a n d shrinking margins.
Attheoutset,itmustbestatedthatthereduceddomesticdem
a n d i s a t b e s t a t e m p o r a r y phenomenon. The power sector in India is bound to grow
and this will undoubtedly boost demand from the Utilities, quite apart from the industrial
demand which will continue to grow with increased industrial output. The poor financial
health of the SEBs is however a damper that cannot be wished away in the short term. This
will continue to plague corporate in the Electrical Industry, until the SEB restructuring and
unbundling brings a turnaround in the medium term.
Salzer Electronics Ltd company has entered into technical and financial collaboration
with M/s. Plitron Manufacturing Inc., Canada in 1995 for manufacturing Toraidal
Transformers with 50% Buy-Back specialty.
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The Prestigious ISO 9001 Certification by NQA-UK has been obtained for Design,
Development, Manufacture and Supply of CAM Operated Rotary Switches and Allied
Products. The company has strong Research and Development facility with the full-fledged
laboratory to upgrade the product and set new market trends. In house Research and
Development has been recognized by Ministry of Science and Technology, Department of
Science and Industrial Research, Government of India. Today, they are market leaders in
India for Rotary Switches.
M/s. Larsen & Turbo Limited, the Indian Industrial Giant in Engineering has been
marketing Salzer Switches throughout India since 1993.
Having marketing Tie-up with India’s largest Engineering and Infrastructure
industries such as L&T Ltd. To cater the Indian market through their market network which
covers an area more than 300-400 Stockiest / Dealers. This Company has 40% market share
in Rotary Switch segment. Salzer Electronics is Largest Supplier to Indian Railways.
The competitors are ABB Ltd, Anand Project Ltd, Artech Power Products Ltd, Best
c) Crompton Engineering Ltd, Continental Controls Ltd, Crompton Greaves Ltd, Pricol
Technologies Ltd.
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2. COMPANY PROFILE
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2.1 Genisis
M/s Salzer Electronics Limited was incorporated under the companies Act, 1956 on
January, 1985 for the manufacture of CAM operated rotary switches and other allied
switches gear products. It has technical collaboration with M/s Salzer Schaltgerate Fabrik
Gmbh, Germany.
2.2 Promoters
The core promoter of Salzer electronics limited, Mr. R Duraisamy, is a qualified
electrical engineer and technocrat entrepreneur with wide experience. He has served with
M/s. Lakshmi Machine Works Limited, the market leader in textile machinery manufacturing
industry for more than 2 decades in various capacities. He had been trained in M/s. REITER
MACHINE WORKS, M/s. BROWN BADEN, and M/s. SORECHER + SCHVE ARROW,
in Switzerland. With his experience gained through his association in companies as
mentioned above, he promoted the pilot project, M/s. Salzer Electronics Limited, in the year
of 1985, in technical collaboration with M/s. Saelzer Schaltgerate Fabrik, Germany, for the
manufacture of CAM operated Rotary Switches.
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2.4 Listing Arrangements
The shares of the company are made with the help of two stock exchanges
Coimbatore Stock Exchange Limited,
Trichy Rd,
Coimbatore-5
The company’s products are well received in the International and Local Markets and
all other OEM’s including public sector undertaking are using standardized Salzer switches.
The company is progressing well and is now planning to improve the quality further to
superior standards to expand the export markets.
Recently M/s. Salzer Controls Ltd, one of the group companies, has merged with
Salzer Electronics Ltd. This will facilitate Salzer Electronics Ltd, to further strengthen its
hold in the global markets and also to have size economy, cost reduction better utilization of
human resource and its manufacturing facilities, etc, to achieve the cost effectiveness.
As a corporate citizen with a good track record of profit earning and dividend paying
company since 1991 – 92, the company’s performance is registering an impressive growth in
its turnover consistently.
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2.6 Marketing
It is one of the largest producers of rotary switches and cable ducts in Asia. The
company is having marketing tie up with M/s L & T, an individual giant, for marketing its
product in the domestic markets. Marketing can be through their wide marketing network
over 500 outlets throughout the country. By these arrangements, the company is enjoying a
major market share in the domestic markets to about 45%-50%.
2.7 Exporters
More than 24% of production is exported. Another 13% has deemed export status.
The company is also having market tie-up arrangements with M/s Crompton Greaves Ltd, an
accredited export house in the country, to sell its products in international markets. The
company presently serves for more than 35 countries in the global market and has already
established its foothold in the highly competitive international markets.
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3. ORGANIZATIONAL HIERARCHY
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Fig. 3.1 Organization Chart
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3.1.1 Organization structure
Salzer Electronics Ltd company maintain Divisional Structure.
Product Structure - A product structure is based on organizing employees and work
on the basis of the different types of products. If the company produces three different
types of products, they will have three different divisions for these products.
Sales and Purchase Structure - Sales and Purchase structure is used to group
employees on the basis of specific market the company sells in. A company could
have Sales or Purchase they use and according to this structure, each would be a
separate division in the structure.
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3.2.3 Research and Development
The company is having full-fledged R&D with testing lab to ensure continuous
improvement in product specifications and utilities, besides new product developments. The
company has been accredited ISO 9002 certification based on the recommendation of KPMG,
USA and subsequently upgraded to ISO 9001 standards for design, development,
manufacturing and supply of CAM Operated Rotary Switches and allied products. Further,
the products are also accredited with International Quality Standards Certifications like CSA,
CE, UL, and VDE.
The Department of scientific & industrial Research under ministry of Science and
Technology, Govt. of India, New Delhi, in response to our application dt.21.01.2002, has
accorded recognition to our In-House R&D unit vide their letter dt.27.09.2002, which will
facilities better interaction and updating of technological advancement being taking place in
the industry. The govt. of India has further renewed the recognition.
Company is contemplating to maintain and continuously improve the quality and
utility of the existing products such as connectors, cable ducts, toroidal transformers;
modular switches etc., with the present capabilities of R&D departments.
The company has erected and commissioned four windmills of 1*225 KW, 2*250
KW and 1*500 KW at Palladam, Coimbatore. The windmills have already started harnessing
power from renewable source wind. The mills could produce around 30.00 Lac unit of power
per annum and the power generated through the windmills be utilized for captive
consumption.
The products of the company are well accepted qualitatively in the highly competitive
export markets. The quality system of the company is in accordance with the guideline of
ISO 9001 to ensure quality in the products and services for both the manufactured and trade
products.
The International Approvals are
Over the years, it has expanded its product range to include auto mobile switches,
load brake switches, proximity and modular switches, wiring ducts, terminal connectors and
toroidal transformers. The market share for these products is continuously growing as a result
of international approval and innovative design.
The company has been at the forefront or technological advancement catering to the
requirement of the industrial, Domestic and automobile segment. It is an ISO 9001:2000
certified company with government of India recognized R&D center. It produces the best in
quality & value added products complying with international benchmarks.
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It now has in its fold the following product range to meet the customer’s tailor-made
requirements in additional to the cam operated rotary switches 4 Amps to 400 Amps.
DC switches – 16 Amps-500 Amps
Touch proof switches
Load bread switches
Proximity switches
Modular switches
Relays
Sensors
Terminal connectors
Cable ducts / PVC Channels
Single phase starters
Remote control switches
Phase changeover switches
Toroidal transformers
Foot switches
Besides, the company is also developing automobiles switches to meet the requirement of
the automobile industry.
QUESTIONNAIRE
1. Name:
Gender: a) Male b)
2. Female
3. Age
a) Below 25 b) 25-30 c)30-35 d)35-40 e) Above 40 years
4. Marital status
a) Married b) Unmarried
5. Educational Qualification
6. Department
7. Monthly income
a) Below 1Year b) 1-3 Years c) 4-6 Years d) 7-10 Years e) Above 10 Years
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9. From which source did you come to know about the vacancy in this company?
e) Private agencies
10. In your opinion on which factor has the management consider your
16. I was satisfied with the question that was asked during the
recruitment process?
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17. I was nervous during the time of interview?
18. The screening method followed in the selection process was satisfactory?
e) Within a month
my joining period?
23. The HR staffs were informative and operative during the interview
process?
24. Would you like to make any other comments to improve the