Professional Documents
Culture Documents
PROJECT REPORT
ON
FOR
AU SMALL FINANCE BANK
SUBMITTED TO
SAVITRIBAI PHULE PUNE UNIVERSITY
IN PARTIAL FULLFILMENT OF TWO YEARS FULL TIME
MASTERS DEGREE IN BUSINESS ADMINISTRATION (MBA)
SUBMITTED BY
RENUKA JAYSINGRAO KOKATE PATIL
(BATCH – 2021-23)
GUIDED BY
PROF._______________
JSPM’s
JAYAWANTRAO SAWANT COLLEGE OF ENGINEERING
MBA DEPARTMENT
HADAPSAR, PUNE- 411028
COLLEGE CERTIFICATE:
COMPANY CERTIFICATE:
ACKNOWLEDGEMENT
I sincerely acknowledge him/her for extending his/her valuable guidance, support for
literature, critical reviews of projects & researches and above all the moral support he/she
provided to me at all stages of this project.
(Signature of Student)
Renuka Jaysingrao Kokate Patil
MBA (Batch 2021-2023)
DECLARATION
I, Renuka Jaysingrao Kokate Patil, studying in the second year of Master of Business
Administration (MBA) at Jayawantrao Sawant College of Engineering (MBA Department),
Hadapsar, Pune, hereby declare that I have completed the Summer Internship Project titled
“A Study On Recuitment And Selection Procedure” as a part of the course requirements
for Master of Business Administration (MBA) Program.
I also declare that the work undertaken by me is original and has not been copied from any
other source. I further declare that the information presented in this project is true and
original and has not been submitted to JSCOE or any other Institute for any other
examination, before this. It is based on the original research work and will be used only for
the academic purpose. It will not be produced in any condition as a source of information to
an industry.
Date: Signature
Place: Renuka Jaysingrao Kokate Patil
MBA (Batch 2021-
2023)
EXECUTIVE SUMMARY:
Chapter 1:
Chapter 1 is about Introduction on Recuitment And Selection Procedure.
Chapter 2:
Chapter 2 is about Research objectives & Scope of the study.
Chapter 3:
Chapter 3 included sector profile , company profile & product profile.
Chapter 4:
In this research project chapter 4 contains information about the review of literature. This
chapter is various past research of well-known researchers is included which gives and
frame work for project report.
Chapter 5:
Chapter 5 is about Research Methodology includes, Problem Statement, Objective of the
Study, Scope of the Study, Research Design, Research Instrument, Sampling Design, Data
Collection Techniques, Data Analysis Plan, Research Model, Hypothesis of the study & etc.
Chapter 6:
This chapter is all about Data Analysis and Interpretation.
Chapter 7, 8 & 9:
The Findings, Suggestions and Limitation of the study are presented in chapter 7, 8 & 9.
2. Welfare Aspects:
For the benefit of the workforce, human resource management must adhere to specific
health and safety laws. It covers working conditions as well as amenities like canteens, day-
care centres, rest areas, lunchrooms, housing, transportation, medical aid, education, health
and safety, recreational facilities, etc.
3. Industrial Relations Aspects:
To ensure the organization runs well, HRM strives to keep cordial relations with the union
members and prevent strikes or lockouts. Along with such topics, it also addresses joint
consultation, collective bargaining, grievance and disciplinary processes, and dispute
resolution.
RECRUITMENT: AN INTRODUCTION
Recruitment is simply the process of finding potential employees and encouraging them to
apply for positions within the company (Edwin B Flippo, 1989). The activity serves as a
bridge between employers and job seekers (David A. DeCenzo & Stephen P. Robbins,
2005). It can also be described as the method of attracting qualified job candidates. It starts
when recruits are needed and concludes when their applications are turned in. Costello
(2006) defines recruiting as a collection of procedures and actions used to lawfully hire a
sufficient number of suitable individuals at the appropriate time and location, allowing both
the individuals and the company to make mutually beneficial short- and long-term
decisions. According to Jovanovic (2004), recruiting is the process of gathering a group of
excellent candidates in order to choose the best one. Top-performing businesses spent a lot
of time and effort developing effective selection processes because of this. According to
Montgomery (1996), the goal of recruitment and selection is to match a candidate’s skills
and preferences with the requirements and benefits of a particular job.
Recruitment Process
Step 1: Identify the Vacancy
When someone leaves or changes jobs, leaving their old role vacant, there may be openings
in an organisation. These openings are for roles that already exist, making them simple to
find.
When a company expands or undergoes transformation, additional or entirely new jobs
might need to be filled. What these positions are may not be entirely evident.
Step 2: Advertise the Job
A job can be advertised either internally or externally.
o Internal recruiting is the process of using an employee who is currently part of your
workforce to fill a new position or to backfill a vacancy. You may already have an internal
recruitment policy and process in place, depending on the position that needs to be filled
and the culture of your firm at the time. This manual will assist you in successfully filling a
post internally regardless of whether your organisation has a policy in place or not.
o External hiring can be done in a variety of ways, including through advertisements,
colleges and institutions, references, walk-ins, and more.
Step 3: Collect CVs / Application forms
Both application forms and resumes include a candidate’s personal data. They can be used
to compare the candidates’ abilities and traits to those outlined in the person specification.
As a result, it will be simpler to narrow down the pool of candidates to those whose
qualifications most closely match those needed for the position.
Step 4: Create a Shortlist
A shortlist is created to minimize the number of individuals who will be interviewed
because it would be too expensive and time-consuming to interview every applicant. The
resumes or application forms are compared to the job description and person requirements.
This is done in order to create a shortlist of the best applicants. These applicants will be
given an interview invitation.
Source of Recruitment
The process of seeking out possible applicants and persuading them to apply for open
positions inside the organisation is referred to as recruitment. Finding qualified people is the
goal of hiring in order to advance the organisation.
In order to locate potential employees, sources of recruiting refer to numerous ways of
getting in touch with job seekers. In layman’s terms, sources of recruitment are the channels
via which potential candidates are informed about open positions.
The two sources of recruitment that are usually acknowledged are internal and external
sources. In the lines that follow, let’s go into more detail about these sources.
1) Internal Source
Internal sources of recruiting refer to the hiring of workers who are already on the
organization's current payroll. The employee may be made aware of the position's vacancy
through internal communication.
Internal recruiting in an organisation can take a variety of forms, including the following:
o Promotion: The term "promotion" refers to an employee's change in designation. It entails
moving the current worker to a higher position within the organisation, giving the worker
additional responsibility, and increasing their compensation.
o Transfer: The movement of an existing employee from one department to another inside
an organisation is referred to as a transfer.
o Employee Referrals: It is possible that an organisation will look for employee referrals in
an effort to reduce hiring costs. The job roles in the organisation for which personnel is
needed are widely known to the staff. These staff members will examine potential
applicants to see whether they are qualified for the post before referring them.
2) External Source
Candidates who have never been hired by the organisation before are the focus of external
sources of recruitment.
The addition of new talent to the staff promotes the expansion and development of the
company.
The following are a few outside resources for hiring:
o Advertisement: For information on any employment openings, advertisements are an
excellent resource. Middle-level or high-level staff recruitment uses this kind of source.
o Walk-Ins: This is another direct method of hiring in which potential employees are
welcomed in person to apply for a position after seeing an advertisement. Here, the
designated date, location, and time are stated, and the candidates are urged to show up and
participate in interviews without first submitting their applications.
o Educational Institutions or Campus Placement: It has been standard practise for external
recruitment to establish tight ties with educational institutions in order to attract candidates
with technical and professional qualifications. Here, businesses go to technical,
management, and professional schools to directly hire students for open positions. Campus
recruitment is another name for hiring from educational institutions.
SELECTION: AN INTRODUCTION
Selection can be thought of as either selecting the qualified applicants, rejecting the
qualified ones, or doing a combination of both. Therefore, the selection process makes the
correct assumption that there are more candidates than there are individuals who are
actually selected, even though the candidates are made available through the recruitment
process. Heinz Weinrich and Harold Koontz (2002) define selection as the process of
choosing the most qualified individual for the current role or for future positions both inside
and outside of an organisation. This procedure involves gathering pertinent applicant data
through a number of procedures in order to assess each candidate’s fitness for the open
position. On the other hand, selection is the process of evaluating the candidates using a
variety of tools before making a decision and extending an employment offer (Graham,
1998).
Therefore, selection is often defined as a process within the employment function that
begins as soon as resumes and application letters are received, with the most focus being the
examination of resumes for the foremost fundamental qualifications. Anyone trying to find
work who doesn’t meet the required requirements isn’t an application and will not be taken
into consideration. The factors outlined within the job specification must be met by a
candidate so as for them to be hired. During this sense, choosing a candidate involves
matching their qualifications to the job’s criteria (Mathis & Jackson). Choosing the most
effective applicant is merely one aspect of selection. The goal is to search out a satisfying
balance between what the applicant can and desires to realize and what the corporate needs.
AU is a scheduled commercial bank that provides financial services to low- and middle-
income individuals, as well as micro and small businesses, who have limited or no access to
traditional banking and finance channels. The bank is ranked 257th among Fortune India
500 Companies, providing a convenient banking experience through numerous industry-
first initiatives.
We reimagine what a bank ought to be. A practical banking competence is something that
we tend to change. We don’t like to make banking difficult for you. Mr. Sanjay Agarwal, an
advantaged accountant and a first-generation businessman, and his team practised the ideal
twenty years ago. Together, the talented group embarked on a quest for excellence while
also enhancing lives in style. The UA financial, which began as a desire of being one of the
fastest growing NBFCs, is now at AU Small Finance Bank. During our journey, we
concentrated on explanations and totally supported our clients’ wishes. This change from a
non-custodial institution to a bank with a secure neighbourhood could be a mirror image of
the various things that AU has done.
This change from a non-custodial institution to a bank with a secure neighbourhood could
be a reflection of the several things that AU stands for:
For the sake of simplicity, action, and urgency, inclusiveness is progressing.
These aren’t just words on a page. In fact, you, the first member of the AU family, will be
served by the awful pillars of this modest au Financial Bank. As we grow, we tend to
become clairvoyant, seeing the big picture and prioritising the needs of our society.
• In 1996,
The modest financial bank of the AU embarked on a fantastic journey to the AU. Financial
Corporation Ltd.’s L.N FINCO initiated the project. Sanjay Agarwal, the originator,
vigorously promoted it (1st generation middle class accountant and rank holder). The
company was established in Rajasthan with an informal LD and a share capital of 100,000
authorised shares. He began by taking out a car loan.
• In 2000
In 1996, I embarked on a fantastic tour to Australia. Financial Corporation Ltd.’s L.N
FINCO initiated the project. Sanjay Agarwal (1st generation middle class accountant and
rank holder) was a staunch supporter. The firm was established in Rajasthan with an
informal LD and a share capital of 100,000 rupees. He began by taking out a car loan.
• 2003
As a business partner under the risk sharing model, the company has formed a relationship
with HDFC Bank. Uttam Tribrewal, our officer, has aarrived. o In 2006
We have a tendency to expand our foundations and endeavours into new sectors.
• In 2008
The company received a SAR investment of $ 200 million from the Republic of India’s
Business Excellence Fund and the Indian Business Excellence Fund-1 (Motilal Oswal
Private Equity Fund ).
• In 2009
We trend to unfold our external to Gujarat.
• In 2010
Received a current registration certificate under Iowa article 45 of the hit race in accordance
with this race to bat in ranked our company. The supporters of the AU have obtained the
position of “non-deposit” of the required systemic account, as well as a non-custodian
financial institution. We usually begin by granting a home loan.
• In 2011
We frequently establish wholly owned subsidiaries. Housing services are provided by the
proposal’s private financial services. We have expanded our procedures to the geographical
region of Madhya Pradesh.
• In 2012
There is a proclivity to invest in the RS. 1.5 billion and RS.330 440 000 e-Shang Wood
Cluster (ESR, a Warburg Pincus company) and the International Finance Corporation (New
Group member).
We often construct low-level personal facilities for insurance brokerage in order to provide
insurance and brokerage services.
Activity in the city, Himachal Pradesh, and Haryana is increasing.
CRISIL A / Phase 2 to improve the credit rating’s stability for future credit arrangements.
Despite the economic downturn, Forbes introduced AU financiers to attract investors in the
Republic of India.
• In 2014
We became the sole plus Finance (AFC) to be granted ‘in principle’ approval for the
establishment of a small Finance Bank.
• In 2016
We are the only additional funding (AFC) to have received “in principle” approval for the
purpose of establishing a small Finance Bank.
• In 2017
The financial UA (India) limits, the NBFC, were transformed into the small financial Bank
of the AU, the Bank designed with a clear target monetary inclusion while anticipating and
expeditiously fulfilling customers’ desires. On the thirteenth month of the Gregorian
calendar, the mythical monster issued a certificate of contemporary incorporation to the
company established as SFB.
• In 2018
The federal agency’s capital of other capital of proper capital is 500 crores. Capital
advantage for institutional investors. The period of digital banking concluded with a total
mandatory function attended by approximately 30 executives. Seek active digital asset
management partnerships or develop product positions. The RBI approved 142 new stores,
including 27 core locations in Mumbai, City, and Pune. In Rajasthan, there are 193 Atal
Seva Kendra Interstate APROMOTE.
PROMOTERS:
Board of Director:
NAME OF DIRECTOR DESIGNATION
Mr. Mannil Venugopalan Chairman
Mr. Sanjay Agarwal Managing Director & CEO
Mr. Uttam Tribrewal Executive Director
Mr. Krishna Kant Rathi Independent Director
Mr. Jyoti Nagar Independent Director
Current Account
Open a bank account that meets all of your business’s needs. From daily transactions to
credits, pay-outs to transfers, the current Account services of AU Small Finance Bank
provide you with optimal flexibility and ensure that you enjoy maximum freedom while
managing your finances. Accounting variants are made-to-order to cater to the specific
needs of your business, whether it is a start-up or a well-established business; business
enterprise or retail, transporters or traders.
Team Deposit
A term deposit is a type of investment in which you give a certain amount of money to a
bank for a set period of time, after which you receive a return with interest. AU Small
Finance Bank provides a variety of deposit options with varying terms.
• Fixed Deposit: Open an FD online with AU Small Finance Bank at a rate of interest of 8.5
percent per annum (9.0 percent per annum for Senior Citizens) and earn a larger return on
your investment.
• Recurring Deposits: You must deduct some of your fixed amount every month for a set
period of time in order to receive the interest after the maturity period.
Debit Card:
Other than our meticulously designed merchandise for our AU Family, we have additional
options and advantages tied into your Debit Cards like Repay Classic, Rupay atomic
number 78, Visa Business Gold, Visa Business atomic number 78, Visa Gold, Visa atomic
number 78, and charge account credit Insurance edges.
Chapter 6
DATA ANALYSIS & INTERPRETATION
6.1 Reliability
This model is a model of internal consistency, based on the average inter – item correlation.
Cronbach’s alpha is the most common measure of internal consistency (“reliability”). It is
most commonly used when you have multiple Likert scale questions in a questionnaire that
form a scale and you wish to determine if the scale is reliable.
If a reliability coefficient of 0.700 or higher is considered “acceptable” in most social
science Research situations. Here Cronbach’s alpha for Source of Recruitment is 0.884, for
Internal Recruitment is 0.847, for External Recruitment is 0.846, for Recruitment
Effectiveness is 0.725, for Selection is 0.846. Which indicates an acceptable level of
internal consistence and reliability for Scale with this specific sample.
6.2 Descriptive Statistics
Variable Category Frequenc Percentage
y
Gender Male 107 53%
Female 95 47%
Qualificatio Graduation 41 20.3%
n Post-graduation 86 42.6%
Other 75 37.1%
Family Rs.200000 – 46 22.8%
Income Rs.300000
Rs.300001 – 89 44.1%
Rs.400000
Rs.400001 – Rs. 61 30.2%
500000
Rs.500000 6 3%
above
There were 107 males in the samples taken for the research report. And there were 95
Females In the samples taken for the research report. There is a dominance of Female in the
samples, as the sample contains 47 % Females and 53 % Males.
In the sample, around half of the size of the sample had family income between Rs.200000
to Rs.300000. 46 respondents had income; Rs.300001 to Rs.400000.89 respondents had
income from Rs.400001 To 500000 Taking respondent 61. And Rs.500000 Above taking 6
respondents had family income.
Table shows frequency about the variable “Source of recruitment” from Five different
factors. These Factors are shown in five different items. The first factor is “Present
employees”. There are 68 respondents who strongly agree that when they think of present
employees, source of recruitment. There are 79 respondents who have agreed to the
Statement that the present employees they use is the source of recruitment is beneficial for
organization. Very Few people that is 1 and 3 Strongly disagreed and disagreed to the given
statement.
The second factor is “Newspaper,” 41 and 66 respondents have Strongly agreed and agreed
that the newspaper they use in source of recruitment. Very few People that is 20 and 11
respondents have strongly disagreed and disagreed to the given Statement.
The third factor is “Employee Referrals” 66 and 80 Respondents have strongly agreed and
agreed that the organization they use employees’ referrals. And few people that is 6 and 0
respondents have strongly disagreed and Disagreed to the given statement.
The fourth is “Campus recruiting” in strongly agreed and agreed having 66 and 76
respondents that the source of recruitment they use of organization.
The fifth is “Internet” in strongly agreed and agreed having 94 and 51 respondents that the
source of recruitment they use of organization.
Internal Source of Recruitment
Statement Strongly Disagree Neutral Agree Strongly
Disagree Agree
1.Recruitment occur 11 36 60 57 38
through job posting in
organization
2.Retaining of casual 0 35 71 53 43
staff is a source of
recruitment
3.Recruitment occur 3 30 73 65 31
usually through transfer
of staff
4.Recruitment occur 16 39 55 50 42
through staff promotion
Table shows frequency about the variable “Internal Source of Recruitment” from four
different factors. These factors are shown in four different items. The first factor is
“Recruitment occur through job posting in organization”. There are 38 respondents who
strongly agree that the Recruitment occur through job posting in organization is the source
of recruitment. There are 57 respondents who have agreed to the Statement. Few People that
are 11 and 36 Strongly disagreed and disagreed to the given statement.
The second factor is “Retaining of casual staff is a source of recruitment”. 43 and 53
Respondents having strongly agreed and agreed that the retaining of casual staff is a source
of recruitment is internal Source of Recruitment. Very few people that is 0 and 35
respondents have strongly disagreed and Disagreed to the given statement.
The third factor is “Recruitment occurs usually through transfer of staff.” 31 and 65
Respondents have strongly agreed and agreed that Recruitment occurs usually through
transfer of staff is source of recruitment. Very few people that is 3 and 30 have strongly
disagreed and Disagreed to the given statement.
The fourth factor is “Recruitment occur through staff promotion.” 42 and 50 respondents
have strongly agreed and agreed that the recruitment occur through staff promotion is
source of recruitment. Few people that are 39 and 16 have Strongly disagreed and disagreed
to the given statement.
Table shows frequency about the variable “External Source of Recruitment” from four
different factors. These factors are shown in four different items. The first factor is
“Organization always used advertisement as source of recruitment”. There are 54
respondents who strongly agree that the organization always used advertisement as source
of recruitment is the source of recruitment. There are 54 respondents who have agreed to the
Statement. Few People that are 11 and 36 Strongly disagreed and disagreed to the given
statement.
The second factor is “Employment agencies are often consulted for recruitment of staff”. 34
and 54 Respondents having strongly agreed and agreed that the Employment agencies are
often consulted for recruitment of staff is external Source of Recruitment. Very few people
that is 0 and 45 respondents have strongly disagreed and Disagreed to the given statement.
The third factor is “Educational institute is a source of recruitment in organization.” 58 and
59 Respondents have strongly agreed and agreed that educational institution is a source of
recruitment in organization is external source of recruitment. Very few people that is 7 and
23 have strongly disagreed and Disagreed to the given statement.
The fourth factor is “Professional association is a source of recruitment.” 45 and 37
respondents have strongly agreed and agreed that the professional association is a source of
recruitment. Few people that are 47 and 30 have Strongly disagreed and disagreed to the
given statement.
Recruitment Effectiveness
Statement Strongly Disagree Neutral Agree Strongly
Disagree Agree
1.Does the recruitment 18 50 57 49 28
process influence on the
developing organization
2.Does the internal source 5 19 50 72 56
of recruitment is reliable
3.The recruiting source is 14 46 51 58 33
useful for recruiting the
minorities
4.Recruit the minorities 17 50 63 40 32
for a particular job
5.Does the external source 9 45 38 54 56
of recruitment is more
expensive
Table shows frequency about the variable “Recruitment Effectiveness” from five different
factors. These factors are shown in five different items. The first factor is “Does the
recruitment process influence on the developing organization”. There are 28 respondents
who strongly agree that the organization always used recruitment process influence on the
developing organization is the recruitment effectiveness. There are 49 respondents who
have agreed to the Statement. Few People that are 18 and 50 Strongly disagreed and
disagreed to the given statement.
The second factor is “Does the internal source of recruitment is reliable”. 56 and 72
Respondents having strongly agreed and agreed that the internal source of recruitment is
often consulted for recruitment effectiveness. Very few people that is 5 and 19 respondents
have strongly disagreed and Disagreed to the given statement.
The third factor is “The recruiting source are useful for recruiting the minorities.” 33 and58
respondents have strongly agreed and agreed that recruiting source are useful for recruiting
the minorities is a recruitment effectiveness. Very few people that is 46 and 14 have
strongly disagreed and Disagreed to the given statement.
The fourth factor is “Recruit the minorities for a particular job.” 32 and 40 respondents have
strongly agreed and agreed that the recruiting the minorities for a particular job is a
recruitment effectiveness. Few people that are 17 and 50 have Strongly disagreed and
disagreed to the given statement.
The fifth factor is “Does the external source of recruitment is more expensive.” 56 and 54
respondents have strongly agreed and agreed that the external source of recruitment is more
expensive is a recruitment effectiveness. Few people that are 9 and 45 have Strongly
disagreed and disagreed to the given statements.
Selection
Statement Strongly Disagree Neutral Agree Strongly
Disagree Agree
1.Organization usually 13 33 58 66 32
use e – selection method
2.Organization does not 5 37 72 65 23
use panel interview
method of selection
3.Medical examination is 17 49 50 49 37
not a selection method
4.Aptitude test is a 34 51 34 48 35
selection method
Table shows frequency about the variable “Selection” from four different factors. These
factors are shown in four different items. The first factor is “Organization usually use e –
selection method”. There are 32 respondents who strongly agree that the organization
usually use e – selection method is the selection. There are 66 respondents who have agreed
to the Statement. Few People that are 13 and 33 Strongly disagreed and disagreed to the
given statement.
The second factor is “Organization does not use panel interview method of selection”. 23
and 65 Respondents having strongly agreed and agreed that the panel interview is often
consulted for selection. Very few people that is 5 and 37 respondents have strongly
disagreed and Disagreed to the given statement.
The third factor is “Medical examination is not a selection method.” 37 and 49 respondents
have strongly agreed and agreed that medical examination is not a selection method is a
selection. Very few people that is 17 and 49 have strongly disagreed and Disagreed to the
given statement.
The fourth factor is “Aptitude test is a selection method.” 35 and 48 respondents have
strongly agreed and agreed that the aptitude test is a selection method is a selection. Few
people that are 34 and 51 have Strongly disagreed and disagreed to the given statement.
In the above shown test of homogeneity of variances table , p value is less then 0.05 (p<
0.05) . It means there is difference in variance and hence , no equal variance are not
assumed.
ANOVA
SAVG
Sum of df Mean F Sig.
Squares Square
Between Groups .001 1 .001 .001 .975
Within Groups 152.304 200 .762
Total 152.305 201
In the ANOVA table, significance value is higher than 0.05 . It means that gender does not
create differential impact on the recruitment and selection procedure. It means that there is
no difference in the impluse people in gender.
2. QUALIFICATION
Test of Homogeneity of Variances
Levene df1 df2 Sig.
Statistic
SAVG Based on Mean 1.833 2 199 .163
Based on Median 1.368 2 199 .257
Based on Median and with 1.368 2 186.648 .257
adjusted df
Based on trimmed mean 1.511 2 199 .223
In the above shown test of homogeneity of variances table , p value is less then 0.05 (p<
0.05) . It means there is difference in variance and hence , no equal variance are not
assumed.
ANOVA
SAVG
Sum of df Mean F Sig.
Squares Square
Between .929 2 .464 .611 .544
Groups
Within 151.376 199 .761
Groups
In the ANOVA table , significance value is higher than 0.05 . It means that occupation does
not create differential impact on the recruitment and selection procedure. It means that there
is no difference in the impulse people in Qualification.
3. INCOME
Test of Homogeneity of Variancees
Levene df1 df2 Sig.
Statistic
SAVG Based on Mean 2.104 3 198 .101
Based on Median 1.550 3 198 .203
Based on Median and 1.550 3 194.521 .203
with adjusted df
Based on trimmed mean 1.827 3 198 .143
In the above shown test of homogeneity of variances table , p value is less then 0.05 (p<
0.05) . It means there is difference in variance and hence , no equal variance are not
assumed.
ANOVA
SAVG
Sum of Squares df Mean F Sig.
Square
Between Groups 2.560 3 .853 1.128 .339
Within Groups 149.745 198 .756
Total 152.305 201
In the ANOVA table, significance value is higher than 0.05. It means that occupation does
not create differential impact on the recruitment and selection procedure. It means that there
is no difference in the impulse people in income.
Sample size
202
In this above table dependent variable is Recruitment Effectiveness and independent
variables is Source of Recruitment is both the variable by the variable called internal and
external source of recruitment. Total 202 response should be taken.
Total effect of X on Y
Effect SE t p LLCI ULCI
.2655 .0293 9.0582 .0000 .2077 .3232
The total effect of source of recruitment-to-Recruitment Effectiveness through Internal and
external source of recruitment is .2655 and as per the result the mediation is significant
(p=.0000) because p
Direct effect of X on Y
Effect SE t p LLCI ULCI
.0820 .0596 1.3755 .0000 .0356 .1995
Indirect effect of X on Y
Effect Boot SE Boot LLCI Boot ULCI
RANG .2594 .0671 .1339 .3955
The mediation is existed by .2594. If we will change the mediation than we will see the
difference of .2594 between IV and DV. source of recruitment has significant relationship
between because there is no 0 between LLCI = .1339 & ULCI = .3955.
2. Internal Recruitment
Model = 4
Y= RAVG
X= SRAVG
M= RAVG
Sample size 202
Total effect of X on Y
Effect SE t p LLCI ULCI
.8298 .399 20.8023 .0000 .7511 .9085
The total effect of source of recruitment-to-Recruitment Effectiveness through Internal and
external source of recruitment is .8298 and as per the result the mediation is significant
(p=.0000) because p
Direct effect of X on Y
Effect SE t p LLCI ULCI
.5704 .0638 8.9375 .0000 .4445 .6962
Indirect effect of X on Y
Effect Boot SE Boot LLCI Boot ULCI
RAVG .2594 .0671 .1339 .3955
The mediation is existed by .2594. If we will change the mediation than we will see the
difference of .2594 between IV and DV. source of recruitment has significant relationship
between because there is no 0 between LLCI = .1339 & ULCI = .3955.
3. External Recruitment
Model = 4
Y= SAVG
X= ESRAVG
M= RAVG
Sample 202
Model Summary
R R - sq. F df1 df2 p
.7792 .6071 309.0184 1.0000 200.0000 .0000
Model
Coeff se t p LLCI ULCI
Constant 1.0491 .0833 12.5896 .0000 .8848 1.2134
ESRAVG .6736 .0383 17.5789 .0000 .5980 .7491
This result is shown significant (p=.0000) because p<0.05.
Chapter 7
FINDINGS
• To develop our findings, I surveyed nearly 202 people and their recruitment and selection
process, about 53% respondent being male and 47% being female.
• The organization follow external recruitment source for hiring new talents which is
beneficiary for organization.
• An organization is getting an appropriate candidate from the external recruitment by the
78% A organization is getting an appropriate candidate from external source because when
an organization do the recruitment process from external source a do a personal interview
process with a candidate and select the appropriate candidate from interview.
• During the selection process not only the experienced candidates but also the fresh
candidate should be selected so as to avail the innovation and enthusiasm of new
candidates.
• An organization is usually following a selection process type of advertising by 74%, 12%
campus recruitment,14% walk in interview. An organization believe that for a new project
they get the best new employee by the advertising marketing channel because after
advertising, a candidate come for selection and an organization select a candidate which
they want to select as their recruitment.
• Organization should follow all the step of recruitment and selection for the selection of the
candidates.
• Selection process should be less time consuming.
• The Requirement & Selection process, methods and practices followed in the company
gives positive outcomes.
• This process involves attracting talents and increasing the networks all across the country.
From the above survey, we can say that Recruitment & Selection process followed in the
organization is excellent.
• The ultimate objective of conducting interviews, Recruitment & Selection process is to
final new talents for innovations ideas and expand their business.
Chapter 8
SUGGESTIONS
• Banks must view on both individual’s and company’s needs assessment while hiring
people. This enables the employees to be more satisfied with their work.
• Banks must hire candidates through external source of recruitment, so that there is a pump
of new blood to the organization. This helps in improvements of company’s creativity.
• Banks should take into account the external factors of recruitment process. The external
factors are demand and supply of specific skills, unemployment, legal and political
considerations etc.
• Banks should make efforts to effectively communicate to the employees, so that they are
clear about the purpose / goal / objectives of the selection process when the respondents are
recommended for recruitment.
• To sustain in the competitive corporate world, the banks should also search for alternative
of recruitment, such as employee learning, out sourcing and temporary employment etc.
• Bank should focus on e- recruitment for cost saving, speed enhancement and also time
saving
• Evaluation of recruitment and selection must be done, to know the effectiveness of job
analysis in the organization.
Chapter 9
LIMITATIONS OF THE PROJECT
This report discusses the Recruitment and selection procedure used by the Organization.
The R & S process is examined and reported in detail. It also examines the ethical standards
upheld by Organization and the employee satisfaction levels there. This study contrasts the
actual/standard Recruitment & Selection process used in the organization with the
Recruitment and selection process used by Organization.
Chapter 10
CONCLUSION
The R & S process is capable of managing the organization. It will support business
leadership as well. It's a competitive advantage for growing the company's staff. It aids in
level classification and management, preventing disagreements within the organization.
Making use of Fair, legitimate, and trustworthy R & S procedures aid in business
improvement from a marketing perspective. Making decisions in pressing situations is aided
by this procedure. R & S method can be used to determine the level of employee
satisfaction. Activities that motivate and encourage the employee can be done to improve
their talents. Knowing an employee's strengths and weaknesses is crucial for organizational
development because they have a negative impact on the business's performance as a whole.
The candidates will receive training facilities based on it. Changing only a few aspects of
the R&S process can aid in future growth. To accomplish the objective, talented workers are
kept and new talents are discovered for the position. Effective R & S processes aid in
reducing staff turnover in the company. For the recruitment process to be effective, certain
efforts and expenses are necessary. The employee's morale is also raised by it. It enhances
internal communication inside the company. Assessment, testing, and other selection tools
were used. It establishes the company's legitimacy and dependability.
According to the survey mentioned above, many people are content with the R & S
procedures followed by their organization.
Chapter 11
BIBLIOGRAPHY
Reference
• Recruitment and Selection: Theory and Practices by Professor Dipak Kumar
Bhattacharyya, Cengage learning.
• Recruitment and Selection: Employee Selection by Gareth Roberts, 2005, CIPD
(Chartered Institute of Personnel Development) publication – Second Edition.
• Rachana. C, Research scholar on Recruitment and Selection process, Singhania
University, Rajasthan, India, 2019, P 11-12.
• Joy O Ekwoaba, Ugochukwu U Ikeije, Umudikendubusiufoma, the impact of Recruitment
and Selection criteria on organizational performance, University of Lagos, 2015, P 22-23.
• Ms.G. Karthiga, Dr. R. Karthi And Ms.P. Balaishwarya, Recruitment and Selection
process, IJSR publications, Volume 5, Tamil Nadu, India, 2015, P 1-2.
• Dr. Salitha Jardat, A study on Effectiveness of Recruitment, International Journal of pure
and applied Mathematics, Volume 119, 2018, P 2755-2764.
• Mavis Adu-Darkoh, Employee Recruitment and selection practices, School of Business,
KNUST, 2014, P 1-3.
• Pooja Khanna, IJRMT, IJRM publications, Karachi, India, 2014, P 1-7. Syamala Devi
Bhoganadam, Dr. Dasaraju Srinivasa Rao, A study on Recruitment and Selection, IJMRR,
India, Volume 4, 2014, P 996-1006.
• Fangling Hu, The research of design of human resource Recruitment System, School Of
Management, Jinan University, China, 2014, P 197-198.
• J. Neelakanta Gugesh, S. Sheela Rani, A study on effectiveness of recruitment, IJER,
Volume 10, Chennai, India, 2013, P 373-390.
• Nankervis, Investigating the importance of various variables, Research in Development
Disabilities, Volume 33, India, 2012, P 1780-1791.
• Neeraj Kumari, A study on Employee appraisal and performance appraisal System (PMS),
volume 1, India, 2012, P 30-31.
• M Srimannarayana, Measuring Training and Development, Indian Journal of Industrial
Relations Publications, Volume 56, India, 2011, P 1-20.
• Ayesh Tabassum, Interrelations between quality and work life dimensions, European
Journal of Business and Management publications, Bangladesh, 2011, P 2222-2839.
• Ongori Henry, Temtime Z, Recruitment and Selection practices in SME’s, Econ Papers,
Volume 3, 2010, P 166-167.
• Jackson, A study on Recruitment and Retention, IJME, 2010, P 122-123.
• Andries Du Plessis, Andrew Hobbs, Rebecca Marshall, Resource functions, 2008.
• Mark D Winston PhD, Review on Strategic Leadership, 2008.
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Minbaeva, Journal of International business studies, 2005, P 589-599.
Websites:
1. https://en.wikipedia.org/wiki/AU_Small_Finance_Bank
2. https://www.aubank.in/
ANNEXURE
A Study On Recruitment and Selection Procedure
Dear Respondents,
I am a student of JSPM’s Jayawantrao Sawant College of Engineering are doing research on
“A study on Recruitment and Selection Procedure”. I am highly appreciating if you could
participate in my research. The questionnaire I have prepared will take only about 5 – 10
minutes of your time. Please note that there are no right and wrong answers. It is your
opinion that matters. Your answer is anonymous and will only be used for academic
purpose of this study.
“Your response is very much valuable for my research. I appreciate your timely response.”
Part 1: Demographic
Gender
• Male
• Female
• Other
Qualification
• Graduation
• Post-Graduation
• Other
Family Income
• ₹200000 - ₹300000
• ₹300001 - ₹400000
• ₹400001 - ₹500000
• ₹500000 above
Part 2:
Source of Recruitment
Statement Strongly Disagree Neutral Agree Strongly
Disagree Agree
1.Present employees
2.Newspaper
3.Employee Referrals
4.Campus Recruiting
5.Internet
Internal Recruitment
Statement Strongly Disagree Neutral Agree Strongly
Disagree Agree
1.Recruitment occurs
through job posting in
organization
2.Retaining of casual
staff is a source of
recruitment
3.Recruitment occurs
usually through transfer
of staff
4.Recruitment occurs
through staff promotion
External Recruitment
Statement Strongly Disagree Neutral Agree Strongly
Disagree Agree
1.Organization always
used advertisement as
source of recruitment
2.Employment agencies
are often consulted for
recruitment of staff
3.Education institution
is a source of
recruitment in
organization
4.Professional
association is a source
of recruitment
Recruitment effectiveness
Statement Strongly Disagree Neutral Agree Strongly
Disagree Agree
1.Does the recruitment
process influence on the
developing organization
2.Does the internal
source of recruitment is
reliable
3.The recruiting source
is useful for recruiting
the minorities
4.Recruit the minorities
for a particular job
5.Does the external
source of recruitment is
more expensive
Selection
Statement Strongly Disagree Neutral Agree Strongly
Disagree Agree
1.Organization usually
use e – selection
method
2.Organization does not
use panel interview
method of selection
3.Medical examination
is not a selection
method
4.Aptitude test is a
selection method