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SYNOPSIS REPORT ON
RECRUITMENT AND SELECTION PROCESS
AT VIDEOCON.
1.COMPANY OVERVIEW
2.INTRODUCTION
3.REVIEW OF LITERATURE
4.RESEARCH METHODOLOGY
5.LIMITATION OF THE STUDY
6.OBJECTIVE OF THE STUDY
COMPANY OVERVIEW
INTRODUCTION
Recruitment is a process of finding and attracting the potential resources for filling up the
vacant positions in an organization. It sources the candidates with the abilities and attitude,
which are required for achieving the objectives of an organization.
Recruitment process is a process of identifying the jobs vacancy, analysing the job
requirements, reviewing applications, screening, shortlisting and selecting the right
candidate.
To increase the efficiency of hiring, it is recommended that the HR team of an organization
follows the five best practices which are RECRUITMENT PLANNING, STRATEGIC
DEVELOPMENT, SCREENING, EVALUATION AND CONTROL These five practices
ensure successful recruitment without any interruptions. In addition, these practices also
ensure consistency and compliance in the recruitment process.
Employee Selection is the process of putting right men on right job. It is a procedure of
matching organizational requirements with the skills and qualifications of people. Effective
selection can be done only when there is effective matching. By selecting best candidate for
the required job, the organization will get quality performance of employees. Moreover,
organization will face less of absenteeism and employee turnover problems. By selecting
right candidate for the required job, organization will also save time and money. Proper
screening of candidates takes place during selection procedure. All the potential candidates
who apply for the given job are tested.
Almost all company follow the recruitment process so does VIDEOCON.
ABOUT VIDEOCON
The story begins with the idea in the mind of a graduate boy who was very agile
and passionate about his ideas and have believe in them. He initiated with sugar
mill and ended with an MNC named Videocon India’s no. 1 brand in Consumer
electronics and Home appliances by almost 50 million people across the world.
The boy named was Shri Nandlal Madhavlal Dhoot, the founder of the Videocon
Group
The History of Human Resource Management is the strategic and coherent approach
to the management of an organization's most valued assets - the people working
there who individually and collectively 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 a
description of the processes involved in managing people in organizations. Human
Resource management is evolving rapidly. Human resource management is both an
academic theory and a business practice that addresses the theoretical and practical
techniques of managing a workforce.
Human resource management has it roots in the late and early 1900's. When there
are less labor then there are more working with machinery. The scientific
management movement began. This movement was started by Frederick Taylor
when he wrote about it a book titled ‘The Principles of Scientific Management’. The
book stated, "The principal object of management should be to secure the maximum
prosperity for the employer, coupled with the maximum prosperity for each
employee.” Taylor believed that the management should use the techniques used
by scientist to research and test work skills to improve the efficiency of the
workforce. Also around the same time came the industrial welfare movement. This
was usually a voluntary effort by employers to improve the conditions in their
factories. The effort also extended into the employee’s life outside of the work
place. The employer would try to provide assistance to employees to purchase a
home, medical care, or assistance for education. The human relations movement is
the major influence of the modern human resource management. The movement
focused on how employees group behavior and how employee feelings. This
movement was influenced by the Hawthorne Studies.
OBJECTIVE OF THE STUDY
Every task is undertaken with an objective. Without any objective a task is rendered
meaningless. The main objectives for undertaking this project are:
METHODOLOGY OF STUDY:
DATA SOURCE
Questionnaire
The benefits of the study for the researcher is that it helped to gain knowledge and
experience and also provided the opportunity to study and understand the prevalent
recruitment and selection procedures.