Professional Documents
Culture Documents
SUBMITTED TO
MAHATMA GANDHI UNIVERSITY , KOTTAYAM
In partial fulfilment of the VIth requirements for the award of the Bachelor of
Business Administration.
SUBMITTED BY
BAZIL ZAMAN ALI
REG NO: 210021085810
Under the guidance and supervision of
RAJASREE M
FACULTY
1
CERTIFICATE FROM GUIDE
RAJASREE M
(Head of the Department)
REKHA P.R.
(PRINCIPAL )
2
DECLARATION
Date:
3
ACKNOWLEDGEMENT
4
Table of contents
5
CHAPTER : 1
INTRODUCTION
6
1.1) INTRODUCTION TO HUMAN RESOURCE RECRUITMENT
This project delves into the intricate tapestry of challenges and opportunities
woven into human resource recruitment. We pose critical questions that
illuminate the current climate:
Evolution in Action: How are technological advancements, like AI-powered
candidate screening and virtual reality job simulations, impacting traditional
recruitment methods and reshaping workforce expectations?
(i)Emerging Frontiers: What innovative strategies and best practices are shaping
the future of talent acquisition, ensuring organisations attract and retain top.
performers.
To make a study on the most preferably used recruiter source in the companies.
(internal\external) whether it is the case of junior, middle or senior level.
2. To understand the recruitment strategies followed by the companies.
3. To identify the types of interviews conducted by the companies.
4. To understand the steps of recruitment procedure followed by the companies.
This research is driven by a clear set of objectives, designed to guide our
exploration and
Any organisation wants it future to be in good and safe hands. Hence, hiring the
right resource is a very important task for any organisation
This project aims to illuminate the complex pathways of human resource
8
recruitment. By unraveling challenges, analysing trends, and advocating for
inclusive practices, we hope to equip organisations with valuable insights and
practical tools to attract and retain the talent they need to thrive in the ever-
evolving business world.
An effective recruitment and selection policy not only fulfils the requirements of a
job but
also ensures that an organisation will continue to maintain its commitment to
providing equal opportunity to employees. Adherence to such a policy will let you
hire the best possible candidates for your organisation.
9
.
CHAPTER : 2
LITERATURE REVIEW
10
2.1) INTRODUCTION
Most employers recognize the fact that their staff is their greatest asset and the
right recruitment and induction processes are vital in ensuring that the new
employee becomes effective in the shortest time. The success of an organization
depends on having the right number of staff with the right skills and abilities
Organizations' may have a dedicated personnel/human resource function
overseeing this process or they may devolve these responsibilities to line managers
and supervisors. Many people may be involved and all should be aware of the
principles of good practice. Even it is essential to involve others in the task of
recruitment and induction. Bowen, ct al (1991) in his study examined "that
integrated recruitment process helps recruiters to choose the candidates to fit the
characteristics of an organization culture Beardwell, ct al (2003) in his study
examined that. "Recruitment is carried out by organizations as a means of
candidate's potential and actual performance and the intake of employees will
make the most appropriate contribution to organization-now and in future. Robert
11
(2005). in his study titled "Strategic HR Review 2004" states that successful
recruitment can improve organization performance". The meta-analysis of the
research conducted by Chapman, uggersler, carroll, piasentin8rJones (2005)
concluded that timely responses from HR managers were linked to greater
applicant attraction to a job with an organization.
"The ideal recruitment effort will attract a large number of qualified applicants
who will take the job ifit is offered. So recruiting is a process of discovering the
potential candidates for actual organizational vacancies". Ms
AmbikaVerma(2009) in their survey research on the use of technologies in
recuiting. Screening and selection processes for job candidates conducted in
Dimension group found that most organizations implemented technology based
recruitment tools to improve efficiency, reduce costs and expand the applicant
pool.
The general purpose of reviewing the related study is to develop a through
understanding and insight into the work already done and areas left untouched.
This also helps to enable to search out many more related problems as suggestions
for the future research. It is presumed that the survey of such studies will make
the present investigation more direct and up to the right point.
The ever-evolving business landscape demands a dynamic approach to human
resource
(HR) recruitment. This literature review dives into the current state of research,
exploring challenges, trends, and best practices to illuminate the pathways
towards effective talent
acquisition or best candidate finding.
12
fi
In this way, the company’s selecting process can be stimulated to increase its success rate.
Of the job and applications are analyzed to reduce the frequency of unquali ed and
exaggerated applicants.
The recruitment process advances only quali ed applicants to the next stage.
5) Access to wider Talent pool
In recruitment, the objective is to create a large pool of quali ed candidates from which the
most quali ed candidate can be chosen. In this way, big groups of individuals are attracted to a
company and encouraged to apply for open positions
6) A cost-effective solution
Ensures that total costs and time spent on employee recruitment are minimized. An
organized and systematic recruitment process involves giving a detailed description of a job
opening to a large number of people. When a job description is good, a large number of people
can be recruited at a low cost.
.
2.3)METHODS USED
Methods used to select appropriate candidates for the appropriate jobs are stated
below:
2. Remote Revolution: The rise of remote work, fueled by the pandemic, presents
both opportunities and challenges. Global Talent Review (2022) reveals a 73%
increase in remote job postings, emphasizing the need for adapted recruitment
strategies to reach geographically dispersed talent pools. Studies by Microsoft
(2022) and FlexJobs (2023) suggest attracting remote talent requires clear
communication of remote work policies, robust virtual onboarding processes,
and ,fostering a strong remote work culture.
13
fi
fi
fi
fi
3. The Gig Economy Evolves:The gig economy's expansion (McKinsey Global
Institute, 2022) brings both advantages and complexities for HR recruitment. On
one hand, organizations gain access to flexible talent pools. On the other,
managing independent contractors and ensuring fair treatment requires specific
recruitment and management strategies (Allen & Hou, 2020).
Data Spotlight : A 2023 LinkedIn survey reports that 83% of recruiters leverage
social media for talent acquisition, with LinkedIn (94%) and Facebook (72%)
being the most used platforms.
Glassdoor's 2023 Employment Confidence Index reveals 80% of employees
globally are open to new job opportunities, highlighting the competitive talent
landscape.
A 2022 Randstad Sourceright study found that 74% of organizations struggle to
find qualified candidates, emphasising the need for effective recruitment
strategies
(ii) Engaging the Workforce: Strategies for Success
2.4) BENEFITS
2.5) QUALIFICATIONS
15
This study highlights the need for personalised candidate experiences
throughout the recruitment process. This includes clear communication, timely
responses, and tailoring the process to individual candidates' needs and
preferences.
16
CHAPTER-3
INDUSTRY PROFILE
17
The pump industry has evolved tremendously since its humble beginnings in ancient Egypt.
From the Archimedean screw pump to the modern variable speed pumps of today, the industry
has adapted to the requirements of its users and introduced new technologies and innovations.
This article examines pump and valves service, a much required and preliminary requirement
across the world, the trends of the demand and production of this industry across the globe, and
therefore, it is studied in-depth in this report.
The report considers the years 2017 and 2018 for historical data, 2019 as the base year,
and the years 2020 to 2027 as the forecast period and Also helps the business planner by
giving a detailed description of the regional market progress and their comparative study.
Pumps and valves are vital for the automation industry as they play an important role in
maintaining the uid’s rate of ow and pressure that are speci c for some industries. Pumps
and Valves Services is an ever-growing industry that will always be in demand until better
replacements are discovered for pumps and valves for its different uses.
It is a basic requirement for the growth and development of infrastructure, capacities, better
restoration of plants. The better use of Arti cial Intelligence and the Industrial internet things
(IIOT) has enabled better surveillance and maintenance of the products used by the end-user.
The market for pumps and valves services is vast and depends on the distribution method,
quality, and price effectiveness of the products that are sold by the companies in this domain.
The market always welcomes the production from this industry due to the immense growth of
the oil and gas industry and the race to produce and own oil. Thus, being the rst few
requirements for the containment and ow of oil, gas, and power, it is always in demand
3.2)INDUSTRIAL PERFORMANCE
The Prerostal system utilizes gravity to drive the pump inlet head while ensuring controlled
pre-vortexing through a specially designed pump basin. Moreover, it boasts a smaller footprint
and lower power consumption, making it a remarkable testament to the ongoing improvement of
successful designs and experiences in the pump industry. For all motor-driven pumps,
performance can be adjusted by changing the shaft speed or the gear ratio in the drive train to
the pump. Power adjustment was initially only possible via belt and pulley drives between the
pump and motor for xed-speed electric motor-driven pumps. The real improvement in this area
came with the availability of two-speed motors starting in the late 1950s.
Developments in pump technology have been driven by end-user application needs, such
as the ability to vary a pump’s performance. This need was gradually met by pump performance
and drive source changes as new technologies became available and were adopted by the
pump industry.The alternative to speed control was to throttle a valve or close a gate, wasting
energy over the obstruction of ow. As system characteristics change, the need to vary pump
performance within a system has been introduced previously.
18
fl
fi
fl
fl
fl
fi
fi
fi
However, today’s improved variable speed motor and drive technology offers solutions to
changing load or demand patterns in pumping systems.
The increasing adoptation of artificial lifts for the production of oil from wells and
uses of pumps in water and wastewater transportation are expected to contribute to global
market growth.
The global pumps market was valued at USD 70.62 BILLLION in 2022 and is
expected to reach USD 90.11 BILLION by 2028, growing at CAGR OF 4.15%.
The rise in demand for energy-efficient pumps is expected to boost the demand for
pumps in the market. Furthermore, technological advances and stringent regulatory
standards are expected to accelerate the demand for energy-efficient systems. The high
adoption of electric air-source heat pumps is projected to drive high demand for pumps
during the forecast period. Electric air-source heat pumps are considered more
environmentally friendly because they don't produce greenhouse gas emissions on-site.
The demand for centrifugal pumps from the water, oil & gas, and other industries drives
the pump market in the United States. The low price of natural gas in the U.S. drives the
growth of the oil & gas industry in the country and, thus, the demand for pumps. In
addition, pumps are required for fogging nozzles, ammonia injection, boiler feed water
supply, cooling water supply, and wastewater disposal. Further, APAC is the leading
region in the manufacturing and production of pumps in the global pump market. Pump
sales in APAC are expected based on high capital spending and construction expenditure
growth. Several Asian countries, including China and India, invest more in oil, pesticides,
food, and drinks. In addition, increased access to water sources and sanitation in emerging
countries and rehabilitation and upgradation of aged water facilities in developed countries
are the two key developments that will positively affect the region’s pump market.
The pump market is highly competitive owing to the presence of several large players.
The industry faces competition from companies that sell groundwater and fuel pumping
systems. End-user demand, industry consolidation, and new product capabilities of market
competitors lead to a highly competitive industry environment. In addition, some industry
competitors have substantially greater financial resources than others, enhancing industry
competition. Key competitive factors in the global pump market include price, service,
19
continued product innovation, timeliness of delivery, and consistency of product quality.
Many manufacturers sell pumps through distributors and independent representatives and
depend on building relations and partnering with solid channel networks in the global
pump market.
Fluctuations in the currency exchange rates and raw material prices, risk net revenue,
and operating margins of global manufacturers create major challenges in the industry. The
global pump market is highly fragmented and has a presence of a large number of pump
manufacturers. Actual market shares are highly dependent on the industry segment. The
market shares are significantly higher or lower for specific companies in certain markets,
such as municipal water treatment, power generation, and others. The rise in low-cost
competitors is expected to lead to significant pricing pressure and market deterioration.
Disruptive technologies or new entrants with alternative business models are also
anticipated to reduce the ability to realize future growth opportunities in the industry for
existing players.
While these advances have opened new opportunities, they have also brought new
challenges.
The biggest challenge is ensuring that the latest technology is applied appropriately
and delivers the best results that add value to a system.A variable speed drive alone does
not always guarantee optimal efficiency, reliability, or responsive maintenance results.
This is especially true for some wastewater applications and systems with a high static
head at an operating point. In these cases, technology such as Prerostal (perhaps with two-
speed motors) often leads to a better total life cost result.
The trend to better match pump performance to system requirements is likely to
continue and increase, especially as we run out of opportunities to improve product
efficiency and look for further savings in the system.It’s worth noting that infinite
variability in pump performance is only sometimes necessary for all systems. In such
cases, alternative solutions like a belt drive, dual-speed motor, fixed-speed motor, or even
the intermediate option of a prerostal system can be more suitable for Totex when fewer
performance set points are required.
.
20
CHAPTER 4
COMPANY PROFILE
21
4.1) Brief introduction of the company
22
Varuna water solutions is a registered supplier of KSB company which undergoes
bulk scale contracts with turnover of millions .different Employers with different task in a
same organisation shows how important "HUMAN RESOURCE RECRUITMENT" In
organisation??
4.2)Milestones
At 2009: a minimum of respected orders are the new way of normal life.
23
CHAPTER : 5
RESEARCH METHODOLOGY
24
4.1) INTRODUCTION
Research may be very broadly de ned as systematic gathering of data and information and
its analysis for advancement of knowledge in any subject. Research attempts to nd answer
intellectual and practical questions through application of systematic methods. Webster's
Collegiate Dictionary de nes research as "studious inquiry or examination; esp: investigation or
experimentation aimed at the discovery and interpretation of facts, revision of accepted theories
or laws in the light of new facts, or practical application of such new or revised theories or laws".
Some people consider research as a movement, a movement from the known to the
unknown. It is actually a voyage of discovery. We all possess the vital instinct of inquisitiveness
for, when the unknown confronts us, we wonder and our inquisitiveness makes us probe and
attain full and fuller understanding of the unknown. This inquisitiveness is the mother of all
knowledge and the method, which man employs for obtaining the knowledge of whatever the
unknown, can be termed as research.
Research is, thus, an original contribution to the existing stock of knowledge making for its
advancement observation, comparison and experiment. In Short, the search for knowledge
through objective and systematic method of nding solution to a problem is research. The
systematic approach concerning generalization and the formulation of a theory is also research.
25
fi
fi
fi
fi
A mixed-methods approach will be employed, combining quantitative and qualitative data
collection methods to gain a comprehensive understanding of the recruitment process.
(i)Quantitative Data: Surveys and questionnaires will be distributed to current employees,
hiring managers, and potentially past applicants to gather data on their experiences and
satisfaction with the recruitment process. Metrics like time-to-hire and cost-per-hire can also be
analyzed.
(ii)Qualitative Data: Interviews with key stakeholders like HR professionals, hiring
managers, and successful recruits can provide deeper insights into the strengths and
weaknesses of the current methods. Focus groups can also be conducted to explore candidate
perspectives and preferences.
(iv) Data Collection Methods:
1) Strati ed Sampling: The sample population will be divided into subgroups (e.g.,
departments, experience levels) to ensure representation from various demographics.
3) Ethical Considerations:
Informed consent will be obtained from all participants before data collection.
Con dentiality and anonymity of responses will be maintained throughout the research
process.
26
fi
fi
A timeline will be developed outlining the different phases of the research, including data
collection, analysis, and report writing. A comprehensive evaluation of the current recruitment
practices within the organization , Identi cation of areas for improvement and potential new
recruitment strategies. Recommendations for optimizing the recruitment process to attract and
retain top talent.
4.6)Limitations:
(i) The research ndings may not be generalizable to all private organizations due to the
speci c context of the chosen company.
(ii) Response rates for surveys and interviews may impact the comprehensiveness of the
data.
- By following this research methodology, the private organization can gain valuable
insights into its recruitment process and develop a data-driven approach to attract and onboard
the best quali ed candidates.
27
fi
fi
fi
fi