Professional Documents
Culture Documents
TABLE OF CONTENT
1. INTRODUCTION
2. COMPANY PROFILE
3. OBJECTIVE OF STUDY
4. RESEARCH METHODOLOGY
6. FINDINGS
7. RECOMMENDATIONS
9. CONCLUSION
10. BIBLIOGRAPHY
11. ANNEXURE
ii
INTRODUCTION
“Human Resource Management function that helps managers recruit, select, train and
develop members for an organization. Obviously, HRM is concerned with the people’s
dimension in organizations.
said that people are our single most important assets. Because of the unique importance
of HUMAN RESOURCE and its complexity due to ever changing psychology, behavior
and attitudes of men and women at work, in all business concerns, there is one common
people, and not mere direction of material resources. Human capital is the greatest asset
direction of people. Each manager of people has to be his own personnel man. Personnel
management is not something you really turn over to personnel department staff.
HRD maintain daily attendance record through branch manager via E-mail.
They are taking surprising visit in every branch and collect information about
employees.
This is handled by doing the planning at the beginning of every year. At the end of the
year, the Human Resource department from each Branch receives the requirement for the
person for whole year. Then the planning of recruitment and training is done by training
RECRUITMENT
Recruitment is a process of searching for prospective candidates for the given job in the
industry. As we know it is very important for an industrial concerns to have efficient and
effective personnel with right quality and at right time and at right place available
whenever they are needed. Every organization needs employee time by time because of
for the right candidate. And so it needs to encourage this type of right candidates
2
whenever they require.
Sources of Recruitment
Personal data of candidates and data Reliance Retail maintain by the HR.
department.
Campus Recruitment.
Placement consultants.
Samchar.
Recruitment Process
Selection
Selection is the process of taking individuals out of the pool of job applicants
Selection is based on probation base, they are taking experienced person for 6
3
While the selection of the senior level post, is taken by head office at Mumbai.
Meaning:
Recruitment and Selection system refers to sourcing and building efficient Human
This policy complies with, and supports, the Company’s Equal Opportunities Policy
by:
Ensuring that every stage of the recruitment and selection process is carried out in
Ensuring that all decision points are fully documented to assist with subsequent
monitoring.
Making the whole procedure as open as possible, to ensure that all candidates
understand why decisions have been taken and, where they wish, to obtain
meaningful feedback.
4
There are seven main stages to the procedure:
Pre-advertisement
Short-listing
Post-selection procedures
Induction
Monitoring
To assist you analyze your workplace to identify recruitment or selection issues for
Revisit your workforce profile to find where your female employees are.
Put in place a policy requiring recruitment and selection processes to select the
Develop a quality, consistent process for recruitment that delivers diverse recruits.
Have a recruitment strategy that links to your business plan, and to a strategy to
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retain employees.
Monitor each stage of the recruitment process to identify any practice that may
Being short-listed
Being interviewed
Ensure all job profiles/descriptions reflect the real requirements of the job, rather
Write job profiles in language that encourages both men and women to apply –
including women of and Differing backgrounds. For example, avoid use of jargon
PRINCIPLES:
6
Following are the guiding principles for recruitment and on-boarding process.
• Attracting and recruiting the right people is one of the most important activities of the
organization and is the responsibility to be owned by each and every employee of the
organization.
• They will ensure a diversity, both gender and ethnicity by targeted candidate sourcing
• While skills and profile matching play an important role, they will hire people who are
team players and have the right attitude most relevant to the culture of the organization.
• They believe in becoming a company of giants and emphasis is in hiring people who
• They believe in providing their employee with fulfilling career paths. Towards this, they
will post vacancies internally as a preferred option while evaluating external candidates.
• They believe that each candidate interviewed irrespective of whether she/he is selected
should become a friend of the organization. They treat all the candidates with the utmost
respect. They will be open and fair in communication with them; this way they also
• They will continuously assess, identify and cultivate strategic talent pools including
those at the universities, management schools, and community forums to address their
7
HIRING APPROVAL
• All recruitment activities shall be undertaken based on the hiring plan as approved by
the Business Head, HR Head & the CEO. For each approved position, a hiring requisition
will be required prior to initiation of any recruitment activity. If the hiring was not
included in the planned budget, it will also require approval from the CEO based on a
• Recruitment expense will be allocated to the concerned business unit, and expenditure
should be budgeted and pre-approved by the business unit head and the HR Head.
CANDIDATE SOURCING:
The hiring manager along with the Human Resource Department would decide the
channel / source to use based on the nature of the recruitment. The following sources of
• Internal Sources:
- Whenever any vacancy arises, the possibility of fulfilling the requirement internally via
- Recruitment agencies
8
- External job postings
INTERVIEW PROCESS:
• All candidates are required to undergo a face to face interview with the interview panel
before selection.
• One on one meeting shall be preferred as the interview format, however depending on
the constraints panel interviews / telephone / video conference screening could be used.
• For recruitment at junior levels, job fairs, universities etc, where large volume of
candidates, Company will use recruitment tests for purpose of short listing. The candidate
may be tested on the basic aptitude, analytical skills or other skills required for the job of
the candidates.
• The interview process will focus on the evaluating the candidates suitability in terms of
• Each interviewer will complete the interview feedback form and submit it to HR. HR
will compile the results from a various interviews and provide these to the line manager
The following are the guidelines wit respect to the interview levels. The line manager will
Position,
Level Equipment Hiring Decision by Interview by Salary Fitment Offer Letter Signed
by
9
Direct Report CEO Head CEO/ HR Head, Management Team (for relevant functions)
Approval - CEO
State Head/ Regional Function Heads, Cluster Heads Regional Branch Heads,
Proposal – HR Head
functional Heads Regional Branch Head / National Functional Head, Regional HR,
For campus / bulk hiring process, each panel will be specifically authorized with respect
to hiring decision, pay by the HR Head & CEO prior to the process.
10
RECRUITMENT EXPENSES:
• The candidate will be informed about the nature of the expenses that are reimbursable
and the supporting documents required (in original). HR will ensure that candidate fills
the necessary reimbursement forms and that he/she receives the reimbursement at the
earliest.
• Outstation/International Candidates - COMPANY will pay for appropriate air fare and
expenses incurred for the stay for candidates who they decide to fly from other locations.
Prior approval from the Regional HR Leader / HR Head is required to invite candidates.
For candidates from International Locations, prior approval from the HR Head needs to
be taken.
PRE-EMPLOYEMENT CHECK:
This will include both a professional reference check as well as the background check.
• Professional reference check will be completed by the hiring manager. COMPANY will
request contact information for 2 references from the candidate, and check the quality of
previous work experience and key personal characteristics/conduct/ previous record etc.
• For key positions in areas, COMPANY will also perform a background check to assess
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Any professional certificate that is essential to the job
Address details
Passport details
Date of birth
Any negative feedback and comment in the reference check will be investigated by HR
and if found genuine shall be a cause for disqualification of the candidate or dismissal
from employment.
OFFER PROCESS:
• Once the hiring decision is finalized, HR will prepare an offer / fitment as per the
compensation structure and grade and keeping in mind the internal equity.
• The offer would be communicated to the selected candidates by the hiring manager
along with HR. The candidate will sign the contract letter to formally accept employment
PRE-EMPLOYMENT PROCESS:
joining process for the employees. HR will provide the candidate a check list prior to
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RELOCATION FOR EMPLOYMENT:
Where the employee has to relocate and has been pre-approved by the HR Head and the
staffing leader, the relocating candidate shall be eligible for the following relocation
assistance:
The joining employ has the option to avail temporary accommodation (which
includes laundry) for the first two weeks arranged by organization. The stay in
on specific approval from the Head HR. Where the stay extends beyond 4 weeks,
the respective will not be paid housing allowance foe the corresponding period.
reimbursed for one week and for SRM/equivalent and above will be reimbursed
up to two weeks.
Food expenses during the period will be reimbursed as per actual up to Rs 500/-
Employees are advised to use the designated moving agencies as per rates
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EMPLOYMENT OF RELATIVES:
The organization employs, purely on merit, the relatives of our employees as long as it
does not create a potential conflict of interest. To avoid a potential conflict of interest and
Relatives are not assigned to a position where he/she has the opportunity to check,
process, and review, approve, audit or otherwise affect the work of the persons
display favoritism to relatives, one should contact the Department Head or Human
Resources Department.
DEFINITION OF RELATIVES:
Relatives would include husband, wife, children, parents, sisters, brothers, first cousins,
Employees who are aware of candidature of their relatives for the organization must
immediately report to the HR function in writing for information and records. Failure to
immediately report such cases will be considered as a serious violation of the recruitment
14
INTERNSHIP PROGRAM:
students. Such internships will provide opportunities to students to learn while making
real contributions to the company. COMPANY will follow the following process:
intern hires.
• HR to coordinate with the hiring manager to develop the project plan for the hire
Based on the demonstrated capability, the intern will be provided with the
INTERNSHIP CRITERIA:
Typically, the intern will be a pre-final year student of the Bachelor or Master
stream as required.
Interns will be expected to manage their won accommodation and it will not be
Intern will be required to sign the confidentiality and code of conducts documents
of the company.
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EMPLOYEE ON-BOARDING – PROCESS:
The overall purpose of the new hire integration process is to ensure that the new
COMPANY’s employee induction process shall begin as per the employee accepts the
Welcome pack: As soon as the candidate accepts the offer, a welcome pack will
the relocation process and the visa requirement will be outlined in this checklist.
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POST JOINING ORIENTATION AND INDUCTION:
classroom training and induction where the employee will receive presentations
and trainings on various topics that would further ingrain the into the organization
On the job training: Besides formal training sessions, the employee will undergo
progress.
PROBATION POLICY:
Probation is a trial that is mutual opportunity for the employee and COMPANY to
productivity, attitude and compatibility, attendance and punctuality, and any other
All new hires will be placed on probation for a period of 6 months from the date
of joining
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REFERRAL BONUS AMOUNT :
• The Referral Bonus Program is operated under the authority of the Budget and Control
Board’s Employee Bonus Guidelines. Under these guidelines, an employee may receive
multiple bonuses, the total of which may not exceed Rs.1,66,770 in any fiscal year.
• Referral bonus payments may be paid in a lump sum or in periodic payments until the
new employee has completed his or her probationary period. Payments cannot be made
until the referred candidate has been employed for a minimum of one month. For
- Rs.20,846 referral bonus awarded after three months from the hire date,
- Rs.20,846 referral bonus awarded after six months from the hire date,
The Referral Program operates in accordance with the following program requirements:
• Referral bonuses are awarded at the discretion of management with the Agency Director
• Funding for the program must come from existing agency resources.
• The Agency will provide a form for completion and submission by either the applicant
or the referring employee with the applicant’s application indicating that the referring
• The Agency will designate a position as “hard-to-fill” before the position is posted.
• Employees selected for eligible positions must be employed by the agency for at least
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one month before a referring employee may be eligible to receive a referral bonus.
Referred candidates cannot be current employees of the hiring agency in any capacity, to
include temporary, temporary grant, research grant, time- limited project, or contract
employees. Both the referring employee and the referred candidate must be employed by
the agency when any referral bonus is paid receive the referral bonus.
• Any disputes arising from the application of this program will be the responsibility of
the Agency Director or his designee to resolve and will not be considered a grievance
• The agency HR Office will monitor the use of the Referral Bonus Program and will
report annually to the Office of Human Resources information on the use of the Referral
Bonus Program.
• The hiring process will be fair and consistent with agency policy and procedures, with
no bias for or against candidates whose selection might make another employee eligible
Amount paid to the employees who refer the candidates and if they get selected varies
from Rs. 7000 to Rs.2000 based on the grade of the employee refereed and the refereed
candidate placed.
Only middle level and senior level management employees have the opportunity of
referring the candidates. This policy/scheme is not applicable to the top management
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employees. Also the employees who are under probation or training period are not
for employment and stimulating them to apply for jobs in the organization”. Recruitment
is the activity that links the employers and the job seekers.
Recruitment is a linking activity- bringing together jobs to fill and those seeking jobs. A
good recruitment program should attract the qualified & not unqualified. Recruitment is a
costly affair. There are legal implications of incompetent selection – negligent hiring.
“Organizations must consider recruitment as a strategic war to attract talent, and must
develop and implement aggressive talent acquisition strategies in order to dominate the
labor market within a given industry. With the impending retirement of the baby-boomer
generation and the lack of availability of high quality senior-level talent, many companies
consider talent acquisition to be the most important business challenge facing them
today”.
Recruitment of candidates is the function preceding the selection, which helps create a
pool of prospective employees for the organization so that the management can select the
right candidate for the right job from this pool. The main objective of the recruitment
qualified applicants for the future human resources needs even though specific vacancies
do not exist. Usually, the recruitment process starts when a manger initiates an employee
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Purpose & Importance of Recruitment:
Attract and encourage more and more candidates to apply in the organization.
Create a talent pool of candidates to enable the selection of best candidates for the
organization.
Recruitment is the process which links the employers with the employees.
Help reduce the probability that job applicants once recruited and selected will
Meet the organizations legal and social obligations regarding the composition of
its workforce.
Begin identifying and preparing potential job applicants who will be appropriate
candidates.
So, those people who are involved in the process have a high level of
responsibilities.
Recruitment planning is anticipating and using all available flexibilities and strategies to
maintain the workforce. Human Resources Responsibilities along with the civilian
21
Recruitment Team can help through this process by further explaining strategies and
Responsibilities include:
Defining and capturing the need (understanding the position, its functions, duties,
22
Recruitment needs are of three types
PLANNED
i.e. the needs arising from changes in organization and retirement policy.
ANTICIPATED
UNEXPECTED
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SOURCES OF RECRUITMENT
Every organization has the option of choosing the candidates for its recruitment processes
from two kinds of sources: internal and external sources. The sources within the
organization itself (like transfer of employees from one department to other, promotions)
to fill a position are known as the internal sources of recruitment. Recruitment candidates
from all the other sources (like outsourcing agencies etc.) are known as the external
sources of recruitment.
SOURCES OF RECRUITMENT
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Internal Sources of Recruitment
1. TRANSFERS
90
80
70
60
East
50
40 West
30 North
20
10
0
1st Qtr 2nd Qtr 3rd Qtr 4th Qtr
2. The employees are transferred from one department to another according to their
3. PROMOTIONS
the employees are promoted from one department to another with more benefits
performance.
5. Retired and Retrenched employees may also be recruited once again in case of
people save time and costs of the organizations as the people are already aware of
6. The dependents and relatives of Deceased employees and Disabled employees are
also done by many companies so that the members of the family do not become
25
The advantages of internal recruitment are that:
business operates will need shorter periods of training and time for 'fitting in'.
3. Internal promotion acts as an incentive to all staff to work harder within the
organization.
4. From the firm's point of view, the strengths and weaknesses of an insider will have
been assessed. There is always a risk attached to employing an outsider who may
1. You will have to replace the person who has been promoted
2. An insider may be less likely to make the essential criticisms required to get the
26
External Sources of Recruitment
External recruitment makes it possible to draw upon a wider range of talent, and provides
the opportunity to bring new experience and ideas in to the business. Disadvantages are
that it is more costly and the company may end up with someone who proves to be less
effective in practice than they did on paper and in the interview situation.
There are a number of stages, which can be used to define and set out the nature of
Job Analysis is the process of examining jobs in order to identify the key requirements of
each job. A number of important questions need to be explored: the title of the job to
which the employee is responsible for whom the employee is responsible a simple
description of the role and duties of the employee within the organization.
1. Choose employees either from the ranks of your existing staff or from the
3. Provide information which will help in decision making about the type of
4. Identify and profile the experiences of employees in their work tasks (information
27
5. Identify areas of risk and danger at work.
documents such as training manuals. Information can be leaned directly from the
person carrying out a task and/or from their supervisory staff. Some large
officer.
SELECTION PROCESS
Selection is the system of functions and devices adopted in a given company to ascertain
whether the candidates’ specifications are matched with the job specifications and
requirements or not. The obvious guiding policy in selection is the intention to choose the
individual candidate who can most successfully perform the job from the pool of
qualified candidates.
function. The ability of an organization to attain its goals effectively and to develop in a
dynamic environment largely depends upon the effectiveness of its selection program. If
right personnel are selected, the remaining functions of personnel management become
easier, the employee contribution and commitment will be at optimum level and
28
valuable asset to the organization and if faulty selection is made, the employee will
Selection Procedure
JOB ANALYSIS: Job analysis forms the basis for selecting the right candidate. It
includes a detailed study of the positions for which recruitments are to be made, in the
HUMAN RESOURCE PLAN: Under this plan estimates are laid for the future
requirement of employees. This forms the basis for the future recruitment function.
appropriate candidates from the applicants’ pool by adopting suitable techniques for
screening.
the short listed candidates for assessing the candidate’s ability, aptitude, reasoning and
from the prospective applicants and to assess the applicant’s suitability to the job.
from which inferences about future behavior and performance of the candidate can be
29
o Aptitude Test: This test measure whether an individual has the capacity or
latent ability to learn a given job if adequate training. Aptitude test can be
further subdivided in to
Intelligence test
Emotional test
Skill test
Psychometric test
candidate.
o Interest Test: These tests are inventories of the likes and the dislikes of the
activities.
value system.
INTERVIEW: In this step, the interviewer matches the information obtained about the
candidate through various means to the job requirements and to the information obtained
through his own observation during the interview. Tests can be of following types:-
30
o Background information interview
o Stress interview
o Panel interview
MEDICAL EXAMINATION: Certain jobs require certain physical qualities like clear
vision, percept hearing, unusual stamina, tolerance of hard working conditions, clear tone
etc. medical examination reveals whether or not a candidate possesses these qualities.
REFERENCE CHECK: At this step candidates are required to give the names of
references in their application forms. This is done in order to verify the information
JOB OFFER: After taking the final decision, the organization has to intimate this
decision to the successful as well as unsuccessful candidates. Those selected are offered
the job and the candidate has to communicate his/her acceptance to the offer. He/she can
also approach the organization for the modification of the job letter and in case things are
EMPLOYMENT: The Company may modify the terms and conditions of employment as
up to the point at which application forms for the post have arrived at the organization.
Selection then consists of the processes involved in choosing from applicants a suitable
31
candidate to fill a post. Recruiting individuals to fill particular posts within a business can
be done either internally by recruitment within the firm, or externally by recruiting people
Services Private Limited begins with management determining the exact need of the
posts to be filled. There are a number of posts which have to be filled, for example ASM,
SE, SA, FSA, SM, and TL etc. for the different businesses. Then, the management
shortlists the resume of the candidate whose attributes match with the job description and
specification required for the job. The organization get many resumes of unsolicited
applicants on a daily basis which they shortlist according to the qualification and
experience for a particular post. As the candidate visits to submit his resume he is asked
to fill in the first page of Interview Record Sheet as shown in Appendix 1, which he takes
The recruitment process at RELIANCE RETAIL starts with the enquiry/ walk-in
management of the candidate when he submits his resume, which consists of registration
of the candidates and eligibility verification of the candidate’s name, phone number, age,
qualification and experience. It also consists of taking two references of peers and
providing job brief and information regarding compensation, career progression and
personnel of the HR department who screen and shortlist the candidates on the following
attributes:
Job Understanding
Willingness to work
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Compensation clarity
Energy Level
Sample sales
33
COMPANY PROFILE
Reliance Retail
Ty Subsidiary
pe
ISI INE002A01018
N
Ind Retail
ust
ry
He Mumbai, Maharashtra,
adq India
uar
ters
34
Nu 18,000 (2023)
mb
er
of
loc
atio
ns
Are India
a
ser
ved
MMukesh Ambani
Ke
(Chairman)
y
peo IsIsha Ambani
ple (Managing Director)
Ser Supermarket
vice Hypermarket
s Superstore
Convenience shop
35
Net ₹9,181 crore (2023)
inc
om
e
Ow
ner Reliance Industries (85.12%)
Vanishree Commercials (4.7%)
Infotel Infocomm (0.6%)
Sovereign wealth funds (5.86)
Private equity firms (4.32%)
Nu 245,581 (2023)[4]
mb
er
of
em
plo
yee
s
36
Rreliance Trends Footwear
JiJio Stores
Jjjustdial
HHamleys
J JioMart
AAJIO
UUrban Ladder
NNetmeds
CCentro
We www.relianceretail.com
bsit
e
Reliance Retail is the retail initiative of Reliance Industries Limited and is central to the
group’s consumer facing businesses. Reliance Retail has been at the forefront of bringing
about Retail revolution in India.
Reliance Retail’s operating model unleashes the aspirational energy of the new, resurgent
India. Reliance Retail’s guiding philosophy rests on the tenets of enabling inclusion,
growth and building sustainable societal value for millions of Indians.
In a short period, it has forged strong and enduring bonds with millions of consumers by
providing them unlimited choice, outstanding value proposition, superior quality and
unmatched shopping experience across all its stores.
37
Reliance Retail’s growth over the years has triggered a large socio-economic
transformation on an extraordinary scale in India.
Reliance Retail has been ranked amongst the fastest growing retailers in the world. It is
ranked 53rd in the list of Top Global Retailers and is the only Indian Retailer to feature in
the Top 100. It is the largest retailer in India with the widest reach.
Reliance Retail has 249 million registered customers buying across all its formats. It
recorded more than 780 million footfalls across all its stores in FY23, a scale unmatched
by any other retailer in India. With nearly 3 million daily transactions, Reliance Retail
operates at a scale unparalleled in the Indian retail industry and continues to enrich the
quality of lives of millions of Indians every day.
Reliance Retail has adopted a multi-prong strategy and operates a wide array of store
formats that cater to planned shopping needs, as well as daily or occasional needs of the
customers across major consumption baskets of Grocery, Consumer Electronics, Fashion
& Lifestyle and Pharma.
With an ambition to help every Indian household get access to quality products at
reasonable price points, Reliance Consumer Products Limited, the company’s FMCG
arm, has built a strong portfolio ranging from Campa, Raskik and Sosyo in the beverage
category to Enzo, Glimmer, Puric, Get Real and Dozo in the home & personal care
segment. Under the Independence brand, it offers a wide range of daily essentials to
Indian consumers at exceptional value.
38
In Pharma, Reliance Retail addresses both online and offline needs of Indian consumers
through Netmeds digital platform and a fast-expanding range of Netmeds freestanding
stores.
Reliance Retail has strengthened its presence in the beauty space with Tira, an omni-
channel beauty retail platform that offers a seamless and personalized shopping
experience to beauty enthusiasts across India by offering them a fine selection of global
and indigenous beauty brands.
In Consumer Electronics, Reliance Retail operates Reliance Digital and MyJio Store
formats offering a wide range of consumer electronics, home appliances, computing and
mobility products, latest gadgets and accessories. These stores are backed by resQ, a full-
fledged service organisation and India’s only ISO 9001 certified electronics service
brand.
In Fashion & Lifestyle, Reliance Retail operates a portfolio of formats that serves
customers across value, mid, premium and luxury segments. Reliance Retail operates
Trends, Trends Woman, Trends Man, Trends Footwear, Avantra by Trends, Azorte,
Centro, Reliance Jewels, Hamleys formats and a portfolio of more than 50 marquee
international brands such as GAP, Armani, Burberry, Diesel, GAS, Marks & Spencer,
Superdry, Brooks Brothers, Steve Madden and more.
Reliance Retail has a strong presence in digital commerce channels led by AJIO, a
fashion & lifestyle destination store bringing the best of national and international brands
to customers’ doorsteps and Jiomart, a cross-category horizontal platform that leverages
the wide network of Reliance Retail’s stores and well-established supply chain
infrastructure.
Reliance Retail reported a turnover of Rs. 2,60,364 crore for the financial year 2022-23.
As on March 31, 2023, Reliance Retail operated 18,040 stores across 7,000+ towns with
a retail area of over 65.6 million sft.
Reliance Retail is India's largest, fastest-growing, and most profitable retailer with a
diversified Omni-channel presence via integrated store concepts, and digital and new
39
commerce platforms. We provide consumers with an outstanding value proposition,
superior quality products, and an unmatched shopping experience. Founded in 2006 with
a view to revolutionizing retail in India, we have, over the years, developed and perfected
our capabilities across people, processes, and technology to meet our end objectives of
creating a win-win proposition for our stakeholders across the value chain viz.
Customers, Manufacturers/Farmers, Merchants, and Brand Partners as well as enhancing
financial income and job security for tens of millions of Indians. Today, Reliance Retail
serves a loyal customer base of more than 193 million across the country, catering to
daily and occasional needs across the major consumption baskets of Consumer
Electronics, Fashion & Lifestyle, Grocery, Pharma, and Connectivity. We operate the
largest store network in the country with 15,000+ stores, spread over 42 million square
feet of retail space, and present across 7,000+ cities. Our Omni-enabled store networks
and extensive portfolio of digital commerce platforms bolstered by a strong supply chain
and technology infrastructure, and supported by a well-trained workforce enable us to
provide customer service par excellence. We continue to build our capabilities through
organic growth, acquisitions, partnerships, and strategic investments to strengthen our
competencies and bolster our product offerings. Our strong own brand portfolio is
complemented by an equally strong brand partner portfolio, as Reliance Retail continues
to be the partner of choice for leading national and international brands. Reliance Retail’s
New Commerce initiative designed to boost the digital ecosystem for millions of partner
merchants and MSMEs has enabled lakhs of small merchants to connect with a huge
consumer base and embodies our commitment to bettering lives and creating value for
the entire ecosystem.
History
In August 2021, Reliance Retail announced that it would acquire the retail, wholesale,
logistics and warehousing business of Future Group for ₹24,713 crore .[8] However, the
deal was called off in April 2022 after a lengthy legal dispute between Future Group
and Amazon.
In September 2020, it was announced that American investment firm Silver Lake has
bought 1.75% stake in Reliance Retail for 7,500 crore valuing the business at ₹4.28
40
trillion . On 23 September, it was announced that KKR has bought 1.28% stake for
₹5,500 crore valuing the venture at ₹4.28 trillion or Rs.4836 billion.
In October 2020, Singapore's GIC bought a 1.22% stake for Rs.62,705 million,
while TPG acquired a 0.41% stake for Rs.20,846 million giving Reliance Retail a pre-
money valuation of Rs.4878 billion.[12]
On 7 October 2021, the company announced its partnership with 7-Eleven to open its
stores in India. The announcement came a day after Future Group announced the end of
its partnership with 7-Eleven, citing the inability to meet the target of opening stores and
payment of franchisee fees. The first 7-Eleven in India opened in Mumbai.
On 6 January 2022, Reliance Retail invested $200 million in Dunzo for a 25.8% stake.
In 2022, soft drink brand Campa Cola was acquired by Reliance Industries for 22 crores.
In March 2023, Reliance Consumer Products (RCPL), the fast-moving consumer goods
arm and subsidiary of Reliance Retail Ventures (RRVL), announced the relaunch of
Campa Cola in three variants (cola, orange and lemon) at select stores.
In February 2023, Reliance Retail began accepting India's central bank digital currency
(CBDC), the Digital Rupee
In August 2023, the Qatar Investment Authority invested $1 billion in Reliance Retail for
a 0.99% stake in the company at a $100 billion valuation.[6] In October 2023, the Abu
Dhabi Investment Authority acquired a 0.59% stake in the company with an investment
of nearly $600 million.
Financials
Reliance Retail had a turnover of 337 billion in the financial year 2016–17. Reliance
Retail announced revenues of 450 billion for the nine months ended December 2017 for
financial year 2017–18, showing over a 90% jump from the corresponding previous
period. The company also reported a profit of 7 billion for the period.
OUR BUSINESS
41
Reliance Retail is the retail initiative of Reliance Industries Limited and is central to the
group’s consumer facing businesses. Reliance Retail has been at the forefront of bringing
about Retail revolution in India.
Reliance Retail’s operating model unleashes the aspirational energy of the new, resurgent
India. Reliance Retail’s guiding philosophy rests on the tenets of enabling inclusion,
growth and building sustainable societal value for millions of Indians.
In a short period, it has forged strong and enduring bonds with millions of consumers by
providing them unlimited choice, outstanding value proposition, superior quality and
unmatched shopping experience across all its stores.
Reliance Retail’s growth over the years has triggered a large socio-economic
transformation on an extraordinary scale in India.
Reliance Retail has been ranked amongst the fastest growing retailers in the world. It is
ranked 53rd in the list of Top Global Retailers and is the only Indian Retailer to feature in
the Top 100. It is the largest retailer in India with the widest reach.
Reliance Retail has 249 million registered customers buying across all its formats. It
recorded more than 780 million footfalls across all its stores in FY23, a scale unmatched
by any other retailer in India. With nearly 3 million daily transactions, Reliance Retail
operates at a scale unparalleled in the Indian retail industry and continues to enrich the
quality of lives of millions of Indians every day.
Reliance Retail has adopted a multi-prong strategy and operates a wide array of store
formats that cater to planned shopping needs, as well as daily or occasional needs of the
customers across major consumption baskets of Grocery, Consumer Electronics, Fashion
& Lifestyle and Pharma.
42
commerce company, Dunzo and subscription-based hyperlocal delivery platform,
Milkbasket.
With an ambition to help every Indian household get access to quality products at
reasonable price points, Reliance Consumer Products Limited, the company’s FMCG
arm, has built a strong portfolio ranging from Campa, Raskik and Sosyo in the beverage
category to Enzo, Glimmer, Puric, Get Real and Dozo in the home & personal care
segment. Under the Independence brand, it offers a wide range of daily essentials to
Indian consumers at exceptional value.
In Pharma, Reliance Retail addresses both online and offline needs of Indian consumers
through Netmeds digital platform and a fast-expanding range of Netmeds freestanding
stores.
Reliance Retail has strengthened its presence in the beauty space with Tira, an omni-
channel beauty retail platform that offers a seamless and personalized shopping
experience to beauty enthusiasts across India by offering them a fine selection of global
and indigenous beauty brands.
In Consumer Electronics, Reliance Retail operates Reliance Digital and MyJio Store
formats offering a wide range of consumer electronics, home appliances, computing and
mobility products, latest gadgets and accessories. These stores are backed by resQ, a full-
fledged service organisation and India’s only ISO 9001 certified electronics service
brand.
In Fashion & Lifestyle, Reliance Retail operates a portfolio of formats that serves
customers across value, mid, premium and luxury segments. Reliance Retail operates
Trends, Trends Woman, Trends Man, Trends Footwear, Avantra by Trends, Azorte,
Centro, Reliance Jewels, Hamleys formats and a portfolio of more than 50 marquee
international brands such as GAP, Armani, Burberry, Diesel, GAS, Marks & Spencer,
Superdry, Brooks Brothers, Steve Madden and more.
Reliance Retail has a strong presence in digital commerce channels led by AJIO, a
fashion & lifestyle destination store bringing the best of national and international brands
43
to customers’ doorsteps and Jiomart, a cross-category horizontal platform that leverages
the wide network of Reliance Retail’s stores and well-established supply chain
infrastructure.
Reliance Retail reported a turnover of Rs. 2,60,364 crore for the financial year 2022-23.
As on March 31, 2023, Reliance Retail operated 18,040 stores across 7,000+ towns with
a retail area of over 65.6 million sft.
PRIMARY OBJECTIVE:
SECONDARY OBJECTIVE:
To study the attrition level and its linkage with recruitment techniques used.
Reliance Retail.
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To develop and maintain procedures which will assist in ensuring the appointment
RESEARCH METHODOLOGY
The study seems to be the observation and a description of the project where we try to
find out the hidden aspect or bring out the concept for further explanation, but some
scientific method and techniques classified it as the research, that’s why the following
research methods, techniques and components are used to facilitate the study
Descriptive research design is a scientific method that is used in this study which helps in
observing and describing the behavior of a subject without influencing it in any way to
This design allows observation without affecting normal behavior. It is also useful
because it is not possible to test and measure the large number of samples needed for
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These types of experiments are often used by anthropologists, psychologists and social
scientists to observe natural behaviors without affecting them in any way. It is also used
Though the results from a descriptive research can in no way be used as a definitive
answer or to disapprove a hypothesis but, if the limitations are understood, they can still
be a useful tool in many areas of scientific and normal study research such as this project.
Type of data
Primary Data
In primary data we had conducted Personal Interview with the Branch Manager of
Retail.
Secondary Data
Secondary data was used for this study as the research design is descriptive in nature so
we tried to collect the data available through other sources on the subject. Some times,
primary data is also collected through observation method to facilitate the research work
Sources of data
The following sources are used for collecting the data for this study:
Books
internet
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Journals
News papers
Personal sources
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DATA ANALYSIS AND INTERPRETATION
(i) 6 Month
(ii) 3 Month
(iii) 1 year
6 month ; 10%
3 month ; 30%
less than 1
month; 60%
Interpretation
According to diagram estimated recruitment timing / process in company is less than one
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Q2. Is CBI (Competency based interview) questions are being adapted at Company in
(i) Yes
(ii) No
Analysis
Yes ; 20%
Can't say;
50%
No; 30%
Interpretation
According to figure 50% we cannot say that Competency based interview questions are
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Q3. Both technical and behavioral factors are taken into consideration at the time of
recruitment ?
(i) Yes
(ii) No
Analysis
Yes; 10%
Can't say;
30%
No; 60%
Interpretation
According to figure , not 60% technical and behavioral factors are taken into
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Q4. When application are called for the interview they know that who will be present
(i) Yes
(ii) No
Analysis
Can’t say;
20%
No; 80%
Interpretation
According to 80% employees do not know who will be present in the interview panel
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Q5. What is best sources in information of reference check for an employee?
(iii) HR Office
Analysis
Good question-
ing tefhnique ; Personal
30% Reference;
40%
HR Office; 20%
On the job performance;
10%
Interpretation
According to 40% personal reference is best and remaining 20 and 30 % are margin.
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Q6. Which recruitment source are being adapted most in company?
Analysis
Employee ref-
erence; 20%
Interpretation
According to 70% head hunting is mostly adopted by company a for recruitment process.
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Q7. What is the mode of recruitment information received by applicant?
(i) Post
(ii) Electronically
(iii) Both
(iv) None
Analysis
Post; 30%
Both; 50%
Electronically;
20%
Interpretation
applicant.
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Q8. If by post than how many days after you requested the pack being received?
(i) 1 to 2 days
(ii) 2 to 3 days
Analysis
2 to 3 days; 40%
1 to 2 days; 60%
Interpretation
According to 60% after 1 to 2 days of request the pack has being received.
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Q9. Is there is professional equity in recruitment and selection policies company?
(i) Yes
(ii) No
Analysis
No; 30%
Interpretation
According to 40% yes there is professional equity in recruitment and selection policies
in company.
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Q10. What is the present recruitment hiring ratio?
(i) 1 on 20
(ii) 1 on 5
(iii) 5 on 15
(iv) 6 on 12
Analysis
5 on 15; 20%
1 on 5; 30%
Interpretation
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Q11. What is the average joining ratio?
(ii) <25%
(iii) >75%
(iv) None
Analysis
>75%; 60%
<25%; 10%
Interpretation
According to 60% average joining ratio is more than 75%.
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FINDINGS
method.
According to figure , not 60% technical and behavioral factors are taken into
According to 80% employees do not know who will be present in the interview
process.
by applicant.
According to 60% after 1 to 2 days of request the pack has being received.
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SUGGESTIONS
The company should introduce a mobile recruitment team who can go from places to
To avoid the drain out of candidates because of less pay, company should
salary to enhance their performances and company should arrange further workshops
drained at all instead should be hired and given training according to the
candidates. In addition to this, employee references are the best source to get
skilled candidates.
Jobsites and Online (Consultancies) are the best source to reduce the time
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LIMITATIONS
Recruitment is a lengthy process, and the recruitment agency might take a lot of time to
find the correct candidates. A recruitment team isn’t helpful when you want a candidate
2. Communication gap
The only way to communicate with the recruitment team is via emails or telephones.
There can be times where the team doesn’t properly understand what the company wants
and finds a wrong candidate. On the other hand, the company’s HR department is always
there, so they can proactively search according to the company’s need. They understand
Hiring a recruitment team for finding candidates for project work isn’t ideal since the
person is only going to work for a limited time. So, you will only have to bear the load of
In such circumstances, the cost of operation goes higher than the benefits the company
The major limitation of any study is time & money and so goes for my also which
Had it been more time, I included other Reliance Retail industries also would
have compared it with Reliance Retail . The other factor deterred the study was
money.
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CONCLUSION
This study has focused on the recruitment process Of IT Industry. The study has been
conducted from the employees working for recruitment process in It Industry The
strategy is concerned. However a few drawbacks were found and suggestions are
Since the company is at its early stages and since recruitment is carried out on a
An effective recruitment and selection process reduces turnover, we also get much better
results in our recruitment process if we advertise specific criteria that are relevant to the
job. Include all necessary skills, and include a list of desired skills that are not necessary
but that would enhance the candidate's chances. If we fail to do this, we might end up
with a low-quality pool of candidates and wind up with limited choices to fill the open
position. When we choose a candidate based upon the qualifications demonstrated in the
resume, the interview, employment history and background check, we will land the best
fit for the position. Based on our decisions about a specific candidate upon specific
evidence rather than any gut instincts. If we hire people who can do the job instead of
people we merely like, we will have higher productivity and quality in our products or
services The recruitment and selection process is the time we not only identify a
candidate who has the experience and aptitude to do the job that we are looking to fill,
but also to find someone who shares and endorses our company’s core values. The
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candidate will need to fit in well within our company’s culture. The selection and
recruitment process should provide our company with an employee who adapts and
works well with others in our business. Failure to recruit and select for the long term can
result in high turnover. Besides, selection function provides a vital opportunity for us to
focus on what candidates can offer our company. It is important to select carefully, either
by using our own judgment or by enlisting the help of managers we trust. The interviewer
must know what the job is and what will be required for a new hire to perform well. The
interview process also allows us the opportunity to express our company’s vision, goals
and needs. Last but not least, It is vital that the interview elicits responses from applicants
that can be measured against our expectations for the position. If we don’t use the
interview to effectively eliminate applicants who don’t fit into the company culture, we
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BIBLIOGRAPHY
BOOKS
PRESS RELEASE
Monthly magazines
business world
Front line
WEBSITE
www.shuchita.com
www.hr.ac.in
www.answer.com
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QUESTIONNAIRE
i. 6 Month
ii. 3 Month
iii. 1 year
Q2. Is CBI (Competency based interview) questions are being adapted at company
i. Yes
ii. No
Q3.Both technical and behavioral factors are taken into consideration at the time of
recruitment.
i. Yes
ii. No
Q4. When application are called for the interview they know that who will be present
i. Yes
ii. No
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Q5. What are best sources in information of reference check for an employee?
i. Personal reference
iii. HR Office
i. Internal resources
i. Post
ii. Electronically
iii. Both
iv. None
Q8. If by post than how many days after you requested the pack being received?
i. 1 to 2 days
ii. 2 to 3 days
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Q9. Is there is professional equity in recruitment and selection policies in company ?
i. Yes
ii. No
i. 1 on 20
ii. 1 on 5
iii. 5 on 15
iv. 6 on 12
i. 50%
ii. <25%
iii. >75%
iv. None
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