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Narasaraopeta engineering college
Project topic On
Recruitment and selection
In Jocil.Ltd
Project report
Signature of guide:
Signature of student:INTRODUCTION TO HUMANRESOUECE
MANAGEMENT
Meaning and definition : Human resource management is very important element in every area of the organization .the organization may be small, big, or medium what ever it may be the human resource is very important.
The resources which are utilized by the man power that should be called as human resources.
In the organization or business units the man power or human resource can be divided as top level managers, employees, & workers.
Function of human resource management :
The function of human resource management is divided into two parts they are as follows.
Managerial functions Operational functions
Managerial functions : 1. Planning
2. Organizing 3. Directing
4. Controlling
Planning : planning is define as the estimation of future . Organizing : organizing is define asDirecting : Controlling :
Operational functions: The operational functions are as follows
Recruitment and selection Human resource development Compensation Adopting recent trends Develop internal & external relations
Recruitment and selection: it is the first operative function of human resource management. Recruitment is concerned with securing and employee the people in other hand employeement of human resources.
Human resource development: Human resource development is nothing but training and development of the human resource; it includes job analysis job satisfaction, job specification, and job orientation.
Compensation: we can compensate same particular amount for their work. It is nothing but salary fixation.
Develop internal & external relations: the human resources who are Worked in the organization sector they have to maintain same good relations with internal and external employees for organizational Development self development.
Recent trends in human resources: the human resources management can be adopted some recent trends like changes in recruitment process, changes in training process.
These are the important functions of human resources management.
Recruitment and selection is one of the important functions of the operational functions.
This we can study briefly in the following
Meaning Of RecruitmentAccording to Edwin B. Flippo, “Recruitment is the process of searching the candidates for employment and stimulating them to apply for jobs in the organization”. Recruitment is the activity that links the employers and the job seekers. A few definitions of recruitment are:
A process of finding and attracting capable applicants for employment. The process begins when new recruits are sought and ends when their applications are submitted. The result is a pool of applications from which new employees are selected.
It is the process to discover sources of manpower to meet the requirement of staffing schedule and to employ effective measures for attracting that manpower in adequate numbers to facilitate effective selection of an efficient working force.
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 process is to expedite the selection process.
Recruitment is a continuous process whereby the firm attempts to develop a pool of 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 requisition for a specific vacancy or an anticipated vacancy.
RECRUITMENT NEEDS ARE OF THREE TYPES:
PLANNED
I.e. the needs arising from changes in organization and retirement policy.
ANTICIPATED
Anticipated needs are those movements in personnel, which an organization can predict by studying trends in internal and external environment.
UNEXPECTED
Resignation, deaths, accidents, illness give rise to unexpected needs
Purpose & Importance Of Recruitment
Attract and encourage more and more candidates to apply in the organisation.
Create a talent pool of candidates to enable the selection of best candidates for the organisation.
Determine present and future requirements of the organization in conjunction with its personnel planning and job analysis activities.
Recruitment is the process which links the employers with the employees.
Increase the pool of job candidates at minimum cost.
Help increase the success rate of selection process by decreasing number of visibly under qualified or overqualified job applicants.
Help reduce the probability that job applicants once recruited and selected will leave the organization only after a short period of time.
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.
Increase organization and individual effectiveness of various recruiting techniques and sources for all types of job applicants
Recruitment Process
The recruitment and selection is the major function of the human resource department and recruitment process is the first step towards creating the competitive strength and the strategic advantage for the organizations. Recruitment process involves a systematic procedure from sourcing the candidates to arranging and conducting the interviews and requires many resources and time. A general recruitment process is as follows:
Identifying the vacancy: The recruitment process begins with the human resource department receiving requisitions for recruitment from any department of the company. These contain:
• Posts to be filled• Number of persons• Duties to be performed• Qualifications required
Preparing the job description and person specification.
Locating and developing the sources of required number and type of employees (Advertising etc).
Short-listing and identifying the prospective employee with required characteristics.
Arranging the interviews with the selected candidates.
Conducting the interview and decision making
1. Identify vacancy
2. Prepare job description and person specification
3. Advertising the vacancy
4. Managing the response
5. Short-listing
6. Arrange interviews
7. Conducting interview and decision making
The recruitment process is immediately followed by the selection process i.e. the final interviews and the decision making, conveying the decision and the appointment formalities.
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 organisation 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
Internal Sources of Recruitment
1. TRANSFERSThe employees are transferred from one department to another according to their efficiency and experience.
2. PROMOTIONS
The employees are promoted from one department to another with more benefits and greater responsibility based on efficiency and experience.
3. Others are Upgrading and Demotion of present employees according to their performance.
4. Retired and Retrenched employees may also be recruited once again in case of shortage of qualified personnel or increase in load of work. Recruitment such people save time and costs of the organizations as the people are already aware of the organizational culture and the policies and procedures.
5. 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 dependent on the mercy of others.
External Sources Of Recruitment
1. PRESS ADVERTISEMENTSAdvertisements of the vacancy in newspapers and journals are a widely used source of recruitment. The main advantage of this method is that it has a wide reach.
2. EDUCATIONAL INSTITUTESVarious management institutes, engineering colleges, medical Colleges etc. are a good source of recruiting well qualified executives, engineers, medical staff etc. They provide facilities for campus interviews and placements. This source is known as Campus Recruitment.
3. PLACEMENT AGENCIESSeveral private consultancy firms perform recruitment functions on behalf of client companies by charging a fee. These agencies are particularly suitable for recruitment of executives and specialists. It is also known as RPO (Recruitment Process Outsourcing)
5. EMPLOYMENT EXCHANGESGovernment establishes public employment exchanges throughout the country. These exchanges provide job information to job seekers and help employers in identifying suitable candidates.
6. LABOUR CONTRACTORSManual workers can be recruited through contractors who maintain close contacts with the sources of such workers. This source is used to recruit labour for construction jobs.
7. UNSOLICITED APPLICANTS
Many job seekers visit the office of well-known companies on their own. Such callers are considered nuisance to the daily work routine of the enterprise. But can help in creating the talent pool or the database of the probable candidates for the organization.
8. EMPLOYEE REFERRALS / RECOMMENDATIONSMany organizations have structured system where the current employees of the organization can refer their friends and relatives for some position in their organization. Also, the office bearers of trade unions are often aware of the suitability of candidates. Management can inquire these leaders for suitable jobs. In some organizations these are formal agreements to give priority in recruitment to the candidates recommended by the trade union.
9. RECRUITMENT AT FACTORY GATEUnskilled workers may be recruited at the factory gate these may be employed whenever a permanent worker is absent. More efficient among these may be recruited to fill permanent vacancies
Factors Affecting Recruitment
The recruitment function of the organizations is affected and governed by a mix of various internal and external forces. The internal forces or factors are the factors that can be controlled by the organization. And the external factors are those factors which cannot be controlled by the organisation. The internal and external forces affecting recruitment function of an organization are:
FACTORS AFFECTING RECRUITMENT
Internal Factors Affecting Recruitment
The internal forces i.e. the factors which can be controlled by the organisation are:
1. RECRUITMENT POLICYThe recruitment policy of an organisation specifies the objectives of recruitment and provides a framework for implementation of recruitment programme. It may involve organizational system to be developed for implementing recruitment programmes and procedures by filling up vacancies with best qualified people.
2. HUMAN RESOURCE PLANNINGEffective human resource planning helps in determining the gaps present in the existing manpower of the organization. It also helps in determining the number of employees to be recruited and what qualification they must possess.
3. SIZE OF THE FIRMThe size of the firm is an important factor in recruitment process. If the organization is planning to increase its operations and expand its business, it will think of hiring more personnel, which will handle its operations.
4. COST
Recruitment incur cost to the employer, therefore, organizations try to employ that source of recruitment which will bear a lower cost of recruitment to the organization for each candidate.
5. GROWTH AND EXPANSIONOrganization will employ or think of employing more personnel if it is expanding it’s operations.
External Factors Affecting Recruitment
The external forces are the forces which cannot be controlled by the organisation. The major external forces are:
1. SUPPLY AND DEMANDThe availability of manpower both within and outside the organization is an important determinant in the recruitment process. If the company has a demand for more professionals and there is limited supply in the market for the professionals demanded by the company, then the company will have to depend upon internal sources by providing them special training and development programs.
2. LABOUR MARKETEmployment conditions in the community where the organization is located will influence the recruiting efforts of the organization. If there is surplus of manpower at the time of recruitment, even informal attempts at the time of recruiting like notice boards display of the requisition or announcement in the meeting etc will attract more than enough applicants.
3. IMAGE / GOODWILLImage of the employer can work as a potential constraint for recruitment. An organization with positive image and goodwill as an employer finds it easier to attract and retain employees than an organization with negative image. Image of a company is based on what organization does and affected by industry. For example finance was taken up by fresher MBA’s when many finance companies were coming up.
4. POLITICAL-SOCIAL- LEGAL ENVIRONMENTVarious government regulations prohibiting discrimination in hiring and employment have direct impact on recruitment practices. For example, Government of India has introduced legislation for reservation in employment for scheduled castes, scheduled tribes, physically handicapped etc. Also, trade unions play important role in recruitment. This restricts management freedom to select those individuals who it believes would be
the best performers. If the candidate can’t meet criteria stipulated by the union but union regulations can restrict recruitment sources.
5. UNEMPLOYMENT RATEOne of the factors that influence the availability of applicants is the growth of the economy (whether economy is growing or not and its rate). When the company is not creating new jobs, there is often oversupply of qualified labour which in turn leads to unemployment.
6. COMPETITORSThe recruitment policies of the competitors also effect the recruitment function of the organisations. To face the competition, many a times the organisations have to change their recruitment policies according to the policies being followed by the competitors.
Recruitment Policy Of a Company
In today’s rapidly changing business environment, a well defined recruitment policy is necessary for organizations to respond to its human resource requirements in time. Therefore, it is important to have a clear and concise recruitment policy in place, which can be executed effectively to recruit the best talent pool for the selection of the right candidate at the right place quickly. Creating a suitable recruitment policy is the first step in the efficient hiring process. A clear and concise recruitment policy helps ensure a sound recruitment process.
It specifies the objectives of recruitment and provides a framework for implementation of recruitment programme. It may involve organizational system to be developed for Implementing recruitment programmes and procedures by filling up vacancies with best qualified people.
COMPONENTS OF THE RECRUITMENT POLICY
The general recruitment policies and terms of the organisation
Recruitment services of consultants
Recruitment of temporary employees
Unique recruitment situations
The selection process
The job descriptions
The terms and conditions of the employment
A recruitment policy of an organisation should be such that:
It should focus on recruiting the best potential people.
To ensure that every applicant and employee is treated equally with dignity and respect.
Unbiased policy.
To aid and encourage employees in realizing their full potential.
Transparent, task oriented and merit based selection.
Weightage during selection given to factors that suit organization needs.
Optimization of manpower at the time of selection process.
Defining the competent authority to approve each selection.
Abides by relevant public policy and legislation on hiring and employment relationship.
Integrates employee needs with the organisational needs.
FACTORS AFFECTING RECRUITMENT POLICY
Organizational objectives
Personnel policies of the organization and its competitors.
Government policies on reservations.
Preferred sources of recruitment.
Need of the organizations
Recruitment costs and financial implications.
Difference between Recruitment and Selection
Both recruitment and selection are the two phases of the employment process. The differences between the two are:
1. Recruitment is the process of searching the candidates for employment and stimulating them to apply for jobs in the organisation where as selection involves the series of steps by which the candidates are screened for choosing the most suitable persons for vacant posts.
2. The basic purpose of recruitments is to create a talent pool of candidates to enable the selection of best candidates for the organisation, by attracting more and more employees to apply in the organisation where as the basic purpose of selection process is to choose the right candidate to fill the various positions in the organisation.
3. Recruitment is a positive process i.e. encouraging more and more employees to apply where as selection is a negative process as it involves rejection of the unsuitable candidates.
4. Recruitment is concerned with tapping the sources of human resources where as selection is concerned with selecting the most suitable candidate through various interviews and tests.
5. There is no contract of recruitment established in recruitment selection results in a contract of service between the employer and the selected employee.
Selection Process - Choosing the Right Candidate
Selecting a suitable candidate can be the biggest challenge for any organization.
According to Dale Yoder - "Selection is the process in which candidates for employment are divided into 2 classes - those who are to be offered employment and those who are not."
The success of a sales organization largely depends on its staff. Selection of the right candidate builds the foundation of any organization's success and helps in reducing turnovers.
Though there is no fool proof selection procedure that will ensure low turnover and high profits, the following steps generally make up the selection process for the right sales personnel -
Pre Interview Screening & Preliminary Interview
This is generally the starting point of any employee selection process. Pre Interview Screening eliminates unqualified applicants and helps save time. Applications received from various sources are scrutinized and irrelevant ones are discarded. A preliminary Interview may be conducted as well.
Application Form
A candidate who passes the preliminary interview and is found to be eligible for the job is asked to fill in a formal application form. Such a form is designed in a way that it records the personal as well professional details of the prospective sales employee.
Personal Interview
Most sales managers believe that the personal interview is an absolute 'MUST'. It helps them in obtaining more information about the prospective employee. It also helps them in interacting with the candidate and judging his communication abilities, his ease of handling pressure etc. In some Companies, the selection process comprises only of the Interview.
Checking References
Most application forms include a section that requires prospective candidates to put down names of a few references. References can be classified into - former employer, former customers, business references, reputable persons. Such references are contacted to get a feedback on the person in question including his behaviour, skills, conduct etc.
Credit Checks
Many Companies check the financial condition of a prospective employee. If a person faces the burden of heavy loan or debt, a prospective employer would want to know that.
Tests
Different types of tests are conducted to evaluate the capabilities of an applicant, his behavior, special qualities etc. Separate tests are conducted for various types of jobs.
Physical Examination
If all goes well, then at this stage, a physical examination is conducted to make sure that the candidate enjoys sound health and does not suffer from any serious ailment.
Job Offer
A candidate who clears all the steps is finally considered right for a particular job and is presented with the job offer. An applicant can be dropped at any given stage if considered unfit for the job. Only after successfully clearing all the hurdles, an applicant can enjoy the feeling of being selected for a particular job.
NEED FOR THE STUDY:
Recruitment is an important aspect of every organization in order to have a
good and efficient management. Through proper recruitment process the firm can give
better service to the customers and can get a better image in the existing market.
In order to get the right kind of people in the right places, at right time, an
organization should have the specific and clear personnel policies and recruitment
methods which are very essential to the growth of organization.
So there exists need for the study of recruitment & selection process
OBJECTIVES OF THE STUDY
To find out whether consistency is being maintained in the recruitment and
selection process in the organization.
To find out on what basis the selection process is conducted on the organization.
To find out effectiveness of recruitment and selection in the company.
To study the satisfaction level of the employees with regarding to recruitment and
selection.
To study the mode of information gathering the vacancies of the organization’s.
METHODOLOGY
NATURE OF STUDY:
The study was very fact- finding study. The main objective of the study is to identify
and elected the recruitment program conducted to the employees who are working at
JOCIL Ltd.,
DATA COLLECTION:
Data collection from primary and secondary collection of data is the primary aspect
in the organization process of research high still proper analysis to develop finding high
full to conduct research effectively. The data registered which is very important
collecting data both primary and secondary.
Primary Data:
The data which is collected to administrate the questionnaire by direct contact and
also involved in personnel discussion to obtain in the sides of in the information.
Secondary Data:
The data collected from record manual and company approaches maintained by the
organization
STUDY AREA:
The study has been conducted at Dokiparru in Medikonduru MandaI of Guntur
District in A.P
SAMPLE SIZE:
The sizes of the sample chosen for study are 100 out of 425 workers.
SAMPLE DESIGN:
Once the researcher has formulated the problem and developed a research design
including the questioner he has to decide whether the information is to be collected from
all the people comprising the population. In case the data recollected from each member
of the population of interest, it is known as census survey. If on the other hand, data are
to be collected only from some members of the population. it is known as the sample
survey. Thus, the researcher has to decide whether the well conducts census or sample
survey to collect the data needed for the study. Some basic terms have been defined
Types of Sample Design:
1. probability sampling:
a) Random sampling: Every member of the population has a known equal
chance of selection.
b) Systematic sampling: The sampling fraction is calculated. The selection
of unit is dependent on the election of preceding unit in contrast to
simple random sampling here the selection of units is independent of each
other. Systematic random sampling is sometimes called quasi-random
sampling.
c) Stratified random sampling: The population is decided into mutually
exclusive groups a sample is drawn from each group.
d) Cluster sampling: Cluster sampling implies that instead of selecting
individual units from the population, entire groups or clusters re selected
at random.
2. Non-probability sampling:
a) Convenience sample: The research selects the most accessible population
members from which to obtain the information action
b) Judgment sample: The research used his or her judgment to select
population members who are good prospects accurate information.
c) Quote sample: The research finds and interviewed a prescribed number of
people in each of several categories.
SAMPLING TECHNIQUE:
I used simple random sampling technique for this study.
SCOPE OF THE STUDY
The study is confined to the recruitment of employees. The aim of the Project is
to study the present recruitment system and to find the effectiveness of it and suggest
recommendations if necessary. The study includes all level Management.
The scope of the study is confined to the following aspects.
Soaps are the useful product for people and are used every day by ever one and
every home, so these products should be available in a required time for the people
concern has to people. When these products are essentially the production concern has
produce in required time if it has to produce in a required time its business has to run
smoothly.
LIMITATIONS OF THE STUDY
The information covers only a few employees in JOCIL.ltd
The respondents were not readily available and the data was collected as per the
convenience of respondents.
As the simple size is small, the inference and conclusion may not be appropriate.
To time period is very less to conduct servant property.
Employees is not able provide all details and to spare some time.
INDUSTRY
2.1 Industry Profile:
The Rs. 45 billion Indian Soaps and Detergents Industry has been experiencing low growth and intense competition in urban areas.
The physical market for detergents at about 2.7 million tones is one of the largest
markets in the world. It categorized popular economy, premium and super premium. In
India, the per capita consumption of detergents is only 1.6 kg, per annum as against over
16 kg Western Europe.
According to a report given in the year 93-94 the percentage consumption of
soaps in Taiwan 6.2kg, Thailand 32kg, per annum, Indonesia 2kg., Korea 7.3 kg per
annum per capita, Malaysias3. 7 kg per annum per capita, Japan 8.9 kg per annum per
capita.
The per capita consumption of Toilet Soap in India is at present whole fully low
as compared to many developing countries. The industry has made rapid progress after
lifting of the price control. The overall growth rate of the industry in the recent years has
been in the neighborhood of 15% per annum.
The total turnover of toilet soap industry is Rs. l 000 crore. The market is
estimated at more than 3 lakh tones and its growth rate is about 15% per annum. The
overall consumption of toilet soaps in the country has been increasing at the rate of 5.7
and at more than 12% per annum in rural areas. The industry faces serious problem on
account of inadequate availability of linear benzene, which has to be imported on a large
scale.
The gap between demand and supply of oils for production of toilet soap is a
matter of serious concern. The working ;group has assessed the availability of oils by the
year 1999 and 2000 A.D. at 6.5 lakhs tones and 12.1 lakh tones respectively whereas the
demand would be the order of 7.5 lakh tones and 16 lakh tones which will have to be the
basis of present reckoning by imports.
The soap market is divided into sub-popular, popular and premium on the basis
of fatty matter. But for the purpose of market study, the market is categorized into
popular and premium. The popular segment contributes about 87% while the
premium soaps make upon the remaining 13%.
Segmentation of the total Toilet Soaps:Price Range Soap Segment
Rs.6-8(for 75 Gms) Sub-Popular
Rs.8-12 (for 75 Gms) Popular
Rs. 12 + (for 75 gms.) Premium
Market share of Premium, Popular, Sub-Popular.
Segment Market share Growth Rate % %
Premium 24 3
Popular 45 1
Sub-Popular 31 15
The above table shows the volume of growth rate of toilet soaps at different
segments. Premium which is the range of Rs.12 and above has price range between Rs.0-
8 has 1% growth and sub-popular has a growth rate of 150/0 which is in the range Rs.8-
12.
Personal Wash market in India is very high. Everyone is using toilet Soaps It is
one of the fast moving consumer products in personal care segment. The consumption
percentage of toilet soaps was increased year by year. The total consumption of toilet
soaps in India is 5.3 lakh tonnes per year.
The growth rate is 2-3 percent per annum. But the consumption rate of soap used
per an Indian is low, when we compare with Thailand, Italy and Brazil people. Their
consumption rate is 480 gms, 700gms and per head in a month. There are a number of
reputed companies in the toilet soap market. Due to increased competition, along with
those companies several small scale manufacturers are also entered in to the market.
The crowded market place has also brought to the consumer as marketers of soap
have tried to woo consumers through upgraded offerings and better quality soaps. The
marketers of toilet soaps have increase the TFM (Total Fatty Matter) content in their
brands, to offer better quality soaps at lower prices. Industry watchers say that the IFM
content on some brands has moved up from the 50-60 percent earlier to over 70 percent
of late.
As FMCG major ITC Ltd is expanding its product portfolio in the Rs 6,500 crore
Indian toilet soaps industry, Godrej Consumer Products and Wipro Consumer Care &
Lighting are beefing up their operations to woo consumers. To sustain its leadership in
the over-crowded category, Hindustan Unilever Ltd (HUL) is currently chalking out a
fresh game plan which includes product innovation and high-voltage ad campaigns.
A brief profile of the various players in the personal wash market is given below:
Hindustan Lever Ltd., (HLL):
Hindustan Lever Ltd. has becomes a major player in the Indian personal wash
market. In India HLL has gained 60% of share in the total toilet soap market. HLL gives
its products in several brand names. The brand names of HLL are Liril, Pears, Dove, Lux,
Denim, Fair & Lovely, Rexona, Lifebuoy, Hamam, Breeze, Ayush. Different brands are
popular in different regions. HLL have brought a few benefits to the consumer as a
marketer of toilet soap has tried to woo.
As a result of sharp fall in farm disposable incomes, the consumers persuaded
low-income household's to down trade, that is, switch from high to-low priced brands.
HLL too appears to endorse the phenomenon of down trading.
The major competitors of HLL are Nirma, Godrej consumer care and WIPRO.
Godrej consumer care has introduced, fairness soap, fairglow which claims to enhance
fairness, has been a success too, as against this spawning competitive response from HLL
in the form of Fair & Lovely soap.
HLL offering to combine two benefits in a single tablet, Breeze 2-in1 actually
offers a cost-effective replacement to consumers who we hair wash products and soap.
HLL claims Breeze is the largest brand in the discount segment. HLL has increased
Lifebuoy's market share by introducing, Lifebuoy Active, Lifebuoy Gold, Lifebuoy plus.
HLL has gained major or share in discount segment.
Wipro:
WIPRO has become a major player in the Indian personal wash market. In India
Wipro has gained 50% of share in toilet soap market. Wipro gives its products in brand
names of Santoor, Wipro Baby Soap, and Chandrika.
It covers 1.6 million outlets across the country for its distribution. 50 percent of
Wipro consumer care business comes from the toilet soap category. The biggest brand of
Wipro is Santoor was launched in the late 80's. Wipro through Santoor is the leading
Soap marketer in Andhra Pradesh with 18 percent market share. Wipro baby soft diapers
gained almost 65 percent of the business from Northern Markets.
Nirma :
Nirma has quickly become a significant player in the domestic toilet soap market.
The company's aggressive pricing strategy has been the key behind its performance.
Launches such as Nirma have paid off because consumers have seen the brand as offering
good value for money. The company has managed healthy top line growth in the market.
Nirma has gained major market share just a couple of years after its entry. It tries
to made brands such as Nirma available at least 10 percent lower than its nearest
competitors.
The company offers its brands Nirma Lime, Nirma premier, Nirma. The company
faces competition from HLL, Wipro, and Godrej. The Nirma was succeeded within a
short period due to its aggressive pricing strategy.
Godrej Consumer Care:
With at least three entirely new launches under its belt, Godrej consumer care has
improved its market share in the personal wash market.
The company's recent .restructuring exercise, offer which the consumer products
business was diverted from the Godrej industries and vested with Godrej consumer care,
has also helped pep up profitability performance.
Fair Glow, the fairness soap from Godrej Consumer Care, which claims to
enhance fairness, has been a success too. As a relatively small player in the business, the
company has managed a robust sale.
ITC Limited:
ITC is one of India's foremost private sector companies and a diversified
conglomerate with interests in FMCG, Hotels, Paperboards and Packaging, Agri Business
and Information Technology. With a market capitalisation of nearly US $ 30 billion and a
turnover of over US $ 6 billion, ITC has been rated among the World's Best Big
Companies, Asia's 'Feb. 50' and the World's Most Reputable Companies by Forbes
magazine, and among India's Most Valuable Companies by Business Today. It has been
ranked as the world's sixth largest 'sustainable value creator' among consumer goods
companies globally, according to a report by the Boston Consulting Group (BCG).
ITC's diversification is powered by a robust corporate strategy designed to
unleash multiple drivers of growth. It's time tested core competencies, namely unmatched
distribution reach, superior brand building, effective supply chain management and
acknowledged service skills in hoteliering have provided ITC the springboard to create
new epicenters of growth.
Fatty Acid Industry:Fatty Acids, as the name itself indicates, are in the organic acids derived from fats
and oils. Fats and oils are glycosides of the Fatty Acids.
Fatty Acids are manufactured by hydrolysis of fats and oils, which is popularly
known as Gat Splitting. Glycerin is obtained as a byproduct in the production of fatty
acid.
Fatty Acids are having diversified application in various fields of industries like
rubber manufacturing industries, Tyres, plastic, Cosmetics, Foods and Pharmaceuticals.
Present Status: of Industry:Present manufacture of Fatty Acids is dispersed all over the country with units in
various states. Production of fatty acid in India was insignificant, prior to the period of
Second World War.
Production on a small scale was initially started in the mid forties that too with
obsolete equipment. The qualities of fatty acid coming out from these units are far from
desirable and recovery of glycerin was inefficient. It is in 1953, the first high pressure Fat
Splitting Plant in our country went into stream in Bombay. Te started production as a
batch-operating unit, which was soon converted to a semi-continuous one.
A Brief Note on Fatty Acid Industry in A.P: The Fatty Acid Industry is dependent in availability of the Oils & Oils seeds for
extraction and further processing, as Mutton Tallow is banned in India.
The Industry found that Rice Bran Oil (R.B.Oil) is one such source, which is
cheaper than other oils. Thus, most of the Fatty Acid/Stearic Acid manufacturers have
chosen rice bran oil as their raw material and the rice bran oil extraction units founds
placement near the raw material source i.e.,
Rice Bran, even though the customers are will spread all over the country. The
consumption pattern of Rice Bran Oil depends on the level of free Fatty Acid content
available for industrial grade varies from time to time as the Rice Bran availability is
seasonal, having direct relation to the rice cropping and harvesting schedules.
In India, as explained already Rice Bran Oil extraction is mostly available in the
major rice growing states of Andhra Pradesh and Punjab. Fatty Acid manufacturing units
have also found their duration in these states to be near to the raw material source.
Tamil Nadu State, even though produces major quantities of rice, most of it is
consumed as boiled rice for local consumption. In Andhra Pradesh there are about 70
Rice Bran Oil Extraction Units and 6 Fatty Acid manufacturing units.
Another new unit is coming up. Among all these, M/s Jocil Limited is the second
oldest and its products are well accepted among the customers. The installed capacity
sales of Stearic Acid by these Andhra Pradesh based units account approximately for 48
percent of the all India Sales volume.
Stearic Acid Industry:The Stearic Acid and other Fatty Acid using Industries like PYC, Chemical,
Rubber Retreating and related Industries are still possible to be set up in Andhra Pradesh,
is still to, grow, in spite of the competition among the Fatty manufacturers. The idle
capacity thus, is not a permanent feature.The industries using Stearic Acid in Andhra
Pradesh are mostly PVC pipes Rubber retrading, Hawaii Chappals, Cycle Tyres,
Chemical Auxiliaries, Stearates, Cement Paints and Cosmetics.
The growth rate even though is high in cosmetics industry at 25 percent. The
volumes are low due to lower production levels of cosmetics industry. In the Stearic Acid
different grades are produced with standard specification for different industrial
consumers.
Soap Industry to grow at 8-10% per annum With increasing awareness of hygienic standards, the soap industry is
growing at 8-10% per annum in India. The soap market in India is well
developed and dominated by multinational companies and a few large Indian
companies. HUL has the largest market share of 64% in the soap industry.
Company Share Soaps HUL 64.0% Lux, Lifeboy, Hamam, Lori
Nirma 16.8% Nirma Bath & Rose
Godrej 4.4% Cinthol, Fairglow, Godrej No.1
Others 14.8% Dettol, Medimix .etc
MANUFACTURERS WISE
NAME OFTHE MANUFACTURER--
QUANTITY SHARE (%) REGION
MARKET (M.T)
Godrej Soaps Ltd 170000 22 North
VVF Limited 9000 12 North
Jocil Limited 10000 13 A.P.
FFF Limited 6000 8 A.P.
Nahar Agro 5000 7 NORTH
Raj Agro 5000 7 NORTH
OCL % Thapar 2000 3 NORTH
Wipro Limited 2000 3 Karnataka
Sirs Agro Limited 5000 7 A.P.
Sudha Agro Limited 2000 3 A.P.
Rayalaseema 5000 7 A.P.
Alkalies Ltd
Swastik &Oleo 7000 9 A.P.
Chemicals
Imports 1000 1
2.2 COMPANY PROFILE: History of the company:-
A Public Limited Company incorporated in February 1978 as Andhra Pradesh Oil
and Chemical Industries Ltd.
Listed in National Stock Exchange (NSE) Madras and Hyderabad Stock
Exchanges.
Renamed as “Jayalakshmi Oil and Chemical Industries Limited” in 1982.
Became a Subsidiary of The Andhra Sugars Ltd (ASL) on 27 October 1988.
ASL Group of Companies have diversified interests in Sugar, Chemicals such as
Caustic Soda, Acetic Acid, Industrial Alcohol, Sulfuric Acid, Aspirin etc.,
Petrochemicals and Textiles at various locations in Andhra Pradesh, India.
ASL is also the Sole Supplier of Rocket Fuel (UDMH) to ISRO.
Renamed once again as “Jocil Limited” in 1992.
30 years of experience in the field of manufacture of Stearic Acid Flakes, Fatty
Acids, Toilet Soap, Soap Noodles and Refined Glycerin.
Stearic Acid Flakes are available in various grades for use in Pharmaceuticals,
Cosmetics, Textiles, Paints, Plastics, Tyres, Tread Rubber, Metal Polish and Other
Industries.
A 6 Mw Biomass Cogeneration Power Plant commissioned in 2001, to meet
captive requirements of Steam & Power.
Exports Surplus Power to APSPDCL (Public Utility Company).
Continuous unbroken dividend paying record Since 1988 – 89
Celebrated Silver Jubilee in the year 2003.
ISO 9001:2000 Certification by DNV in year 2004.
Ventured into Wind energy in the Year 2005.
Wind farm is registered as CDM Project with UNFCCC in Year 2009.
The Company policies are:
Quality.
Consumer Safety.
Health and Environment (SHE).
Company's Philosophy: To be a Successful Profit Making Organization.
To Conduct its Operations with Honesty, Integrity and Transparency.
To be the Market Leader in its Field of Operations through Continuous
Improvement.
Efficiency and Quality of Products & Services.
To have Concern for Employees, Shareholders, Customers and Business
Associates alike.
To Serve Society through Industry.
To care for the Environment and the World in which we live
Organization Structure of Jocil Ltd :
Board of Directors
Managing directors
President & Mktg AGM GM Eng Manager GM(Development) Sr, Manager Secretary (Production)
(Electrical)
President & Secretary
Asst., Store Purchase Labor Security Costing Manager Executive Officer Officer Officer
Sr, Accounts Sr., Assistant Sr., Assistant D.P.O SecurityAsst.,Manager
Officer Guards
S.A.OAsst Asst Clerk Asst., Accounts Executive Time keepersOfficer S.A.A
AGM (Marketing)
Mktg Officer ExecutiveAsst., Clerk
Locations: The company is located at Dokiparru in Medikonduru MandaI of Guntur District in
the state of Andhra Pradesh. The area was declared as backward one by the Government
of Andhra Pradesh. It is well connected by both rail and road transportation. It is only 45
km from Vijayawada, which is industrially located.
Industrial Licensing:
As the value of fixed assets envisaged in the project is less than Rs. 3.3 crores the
Industrial license is not required for setting of this project. The company has been
registered with Directorate General of Technical Development (DFTD), Government of
India, New Delhi bearing No. DGTD/HQ/D-S-S/R-4733/C-26(N)/SE/79 with their letter
dated 21-5-1979 and 31-3-1990 for the manufacture of
Share Holders Patterns 3 1-03 –2010
Promoters 55.02%
(The Andhra Sugars Limited, Holding Company)
Public 31.34%
Institutions (ICICI & ISEC)& Banks 12.44%
Bodies Corporate 1.20%
Face Value of Share each Rs.I0/
Profile of Jocil Limited:
Type of the Company - Large Scale Unit
Name of the Unit - Manufacturing
Foreign Exchange Earnings And Outgo:
During the year the company exported DFA and earned foreign exchange
equivalent to Rs. 44,61,48,528(p.y.19,49,06,344).The company imported raw materials,
spares during the resulting in foreign exchange outgo equivalent to Rs.
75,91,05,662(Previous Year Rs. 51,20,31,566).
Finance:
During the year under review, the company has purchased equipment leased from
IFCI on completion of lease period. Andhra Bank and State Bank of India have
sanctioned term loans of Mrs. 8.80 Crores and Rs. 3.20 Crores respectively for setting up
6 MW Biomass Cogeneration Power Plant in the existing premises. During the year, term
loan from Andhra Bank was drawn and utilized. It is expected to draw the amount from
State Bank of India in the current year.
Marketing: The company mainly markets its products from its depots held at Mumbai, Delhi,
Kolkata and Bangalore and directly from the factory. The prices are fixed basing on its
competitors and the variations in the prices of raw materials. No advertising is done for
the fatty acids. As it is an industrial product, the company does not allocate any amount
on advertisement and the consumers come to the depots or factory and place their orders.
In the case of soaps, as they are manufacturers on the contract basis of HLL no
advertising is required. Jocil leads only with the soap production and the marketing &
advertising is taken over by HLL.
Future Prospects:
. The competition in fatty acids industry continues to be extremely severe. In view
of this, considerable capacity in soap plant and fatty acid plant is being used for
processing on job work for others. The company is taking all necessary steps for cost
reduction and quality improvement by making some additional investment in fatty acid
and soap plants.
The surplus power from 6MV Biomass cogeneration Power Plant after meeting
captive requirements in process plant is exported to AP Transco Grid. Third party sale of
surplus power is being permitted on month-to-month basis, presently available up to 24th
June 2001, by Andhra Pradesh Electricity Regulatory Commission pending final decision
on the subject.
The purchase price of AP Transco is not very attractive and therefore continuance
of third party sale at least for few more years will help new entrants like Jocil for early
recovery of huge investments made in the power plant. About 50% of the power
generated is exported to AP Transco grid and such power is available for captive use of
banking, for sale to AP Transco or to third parties.
Products of Jocil:
Jocil has set up a modem plant for the manufacturing of fatty acids, toilet soaps
and refined glycerin. The major equipments were imported with latest technology. The
products manufactures are of international standards to suit different industrial users.
Jocil is Manufacturing Two Types of Products:
Industrial Goods (Chemicals)
Consumers Goods (Soaps)
Industrial products consumable products
Fatty Acids Toilet Soap Noodles
Stearic Acids Toilet Soaps
Distilled Rice Bran Fatty Acid
Hydrogenated rice bran Fatty Acid
Oleic Acid
Refined Glycerin
Rice Bran Oil pitch
Industrial Oxygen
Cash Management in Jocil Limited:
Cash management in Jocil is done by preparing a cash budget availing the
information from the pay order books, which will in turn, help to eliminate over
keeping of cash. To reduce the delay of clearing the cheques, Jocil provides the
facility of electronic fund transfer. The cash management helps Jocil Limited to
estimate the cash requirements and other day-to-day payments. Jocillimited collected
the money in the following two ways.
(a) Concentration Banking
(b) Electronic Funds transfer
Concentration Banking:
Concentration banking is a means of accelerating the flow of funds of the firm by
establishing strategic collection centers. Instead of a single collection centre located at the
company had quarters multiple collection centers are established.
This system helps to the company to shorter the period between the times.
Customers mail their payments and the time the company has the use of funds. Company
instructs its customers in a particular geographic area to remit their payments in the
collection center in that area.
When the payments are received they are deposited in the collection centers or local
bankers. Surplus funds transferred from these local accounts to a concentration bank.
Generally the banks act as the collection centers. Jocil Limited is having different centers
for collection i.e., banks accounts all over the country
Current Accounts with other banks
Name of the Bank Address Purpose
State Bank of India Main Branch, Guntur. OCC
State Bank of Bikaner operation Khari Baoil, Calcutta Depot.
Andhra Bank Main Br., Guntur OCC
Axis Bank Naaz Center,Guntur Current& OCC
HDFC Bank Lakshmi puram Current Functions of Jocil Limited:
1. To produce, manufacture, refine, process import, sell and generally to deal in all
kinds of fatty acids and soaps and in connection there with the construction of
factories and workshop.
2. To fabricate manufacture and deal in all kinds of fatty acids plants.
3. To manufacture various brands of soaps under contract basis for HLL.
4. The company organizes annual general body meeting where it submits all the four
quarterly reports regarding the actual performance with standard performance and
predicts the courses of vacancies.
5. To receive, consider and adopt the profit & loss a/c for the year ended and
prepares balance sheet as at that date.
6. To declare dividend on equity shares.
Performance And Achievements of Jocil Limited:
Jocil is a leading manufacturer of all kinds of Fatty Acids. This also manufactures
soaps.
Jocil supplies different grades of Stearic Acid and other Fatty Acids to other
manufacturing companies of pharmaceuticals, chemicals, plastic etc.
Jocil supplies Fatty Acids to meet their specific requirement of Stearic Acid,
Oleic Acid etc.
Jocil supplies soap noodles of Margo brand to Mis Calcutta Chemicals Company.
Jocil's production of quality goods is due to the following factors:
Factors are:
Usage of good quality raw materials like rice bran oils, coconut oils, cotton seed
oils etc.
The processing and purification of fatty acids is done by using latest technology.
The technology and requirement of Jocil has been imported from C.M.B., Italy.
Maintenance of quality control by experienced and committed operating
personnel.
Toilet Soaps and Glycerin are manufactured as per BISC (formerly known as ISI)
standards.
It uses high quality chemicals for the purification and processing of the Fatty
Acids.
It maintains international standards in manufacturing its products so as to suit
different kinds of industrial users.
QUESTIONNAIRE
Name: ___________________Age: ___________________Designation: __________________Department: __________________Place: ___________________
Q1. Do you have a clearly stated Recruitment & Selection Policy?
a. Yesb. No c. To some extent
Q2. What is the quality of JOCIL LTD Company recruitment System:-
a. Quick Response time for requirementb. Bringing in Quality Peoplec. Proper coordination with other team or departmentd. Efficient Maintenance & Updating of Database
Q3. What is the average time of response to each candidate?a. 1-2 Dayb. 1 Weekc. 15 Daysd. If any Specify __________
Q4. Which source of Recruitment is better for companies:-(I) Internal Source (II) External Source(III) Depends on Situation & Post……………………………………
Q5. Do you have referral policy in your organization?a. Yesb. No
Q6. Is there a reward for referring employees?a. Yesb. No
Q7. What are the internal Recruitment Sources among the following:-
a. Present permanent employees
b. Present temporary employeesc. Retrenched/Retired employeesd. Disabled employees
Q8. What External Recruitment Sources are used?a. Advertisementb. Campus interviewsc. Consultantd. Portalse. All of these….
Q9. Does JOCIL LTD adopts Internal Recruitment Source i.e. Transfer & Promotion:-(I) Yes (ii) NoIf Yes than for which type of post………………………………….
Q10. What form of interview did you prefer?a. Personal Interviewb. Telephonic Interviewc. Video Conferencingd. Any Two (Then tick those two)e. All three
Q11. Following which test organization conduct for selection of candidate
AptitudeIntelligencePersonalityPsychologicalAny other
Q12. Are you satisfied with the interview process?a. Yes b. No c. To some extent
Q13. Are rejected candidates informed by
EmailPhoneNot informed
Q14. Rank the Qualities in the order of your preference on the basis of which you select candidate:-
a. Qualification b. Experiencec. Skills d. Personalitye. Depend on Job Variety
Q15. How many rounds of interviews are conducted before a candidate is offered the employment?
Cadre One Two Three MoreJunior Level Middle LevelSenior Level
Q16. Does JOCIL LTD asks candidates to enter into BONDS with them:-
a. Yes b. NoIf Yes then what kind of Job or Department………………………….
Q17. Is the estimation of Recruitment Process cost is done?a. Yes b. No
Q18. How do you rate the HR practices of the company?a. Excellentb. Very Goodc. Goodd. Averagee. Bad
Thank You for your Valuable Time
DATA ANALYSIS AND DATA INTERPRETATION
Table 4.1:1. Do you have a clearly stated Recruitment & Selection Policy
INTERPRETATION:
Particulars No of respondent
percentage
yes 98 98%
no 2 2%
To some extenttotal 100 100%
clearly stated Recruitment & Selection Policy
0%
20%
40%
60%
80%
100%
120%
yes no To someextent
total
Rating
Perc
enta
ges
percentage
Table 4.2:
2. What is the quality of JOCIL LTD Company recruitment System
INTERPRETATION:
particulars no of respondents
percentage
Quick response for recruitment
9 9%
Bringing the quality people
91 91%
Proper co-ordination with
other team or department
0 0%
efficient maintenance& up
dating of database
0 0%
total 100 100%
quality of JOCIL LTD Company recruitment System
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Qui
ckre
spon
se fo
rre
crui
tmen
t
Brin
ging
the
qual
ity p
eopl
e
Pro
per c
o-or
dina
tion
with
othe
r tea
m o
rde
partm
ent
effic
ient
mai
nten
ance
&up
dat
ing
ofda
taba
se tota
l
RATING
NO O
F RE
SPO
NDEN
TS
Series1
Series2
Series3
Table 4.3:
3. What is the average time of response to each candidate
INTERPRETATION
Particulars no of respondents
percentage
1-2 days 18 18%
1 week 64 64%
15days 18 18%
If any specify 0 0%
Total 100 100%
Average time of response to each candidate
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1-2 d
ays
1 week
15da
ys
If any
specif
yTota
l
RATING
NO O
F RE
SPO
NDEN
TS
Series1
Series2
Table 4.4:
4. Which source of Recruitment is better for companies
INTERPRETATION
particulars no of respondents
percentage
Internal source
43 43%
External source
44 44%
Depends up on situation &
post
13 13%
Total 100 100%
source of Recruitment is better for companies
0
20
40
60
80
100
120
Internalsource
Externalsource
Depends upon situation
& post
Total
Rating
No o
f res
pond
ents
Series1
Series2
Table 4.5:
5. Do you have referral policy in your organization
INTERPRETATION
Particulars no of respondents
percentage
yes 79 79%
no 21 21%
Total 100 100%
referral policy in your organization
0%
20%
40%
60%
80%
100%
120%
yes no Total
Rating
No o
f res
pond
ents
Series1
Series2
Table 4.6:
6. Is there a reward for referring employees
INTERPRETATION
Particulars no of respondents
percentage
yes 73 73%
no 27 27%
Total 100 100%
. Is there a reward for referring employees
0
20
40
60
80
100
120
yes no Total
Rating
No o
f res
pond
ents
Table 4.7:
7. What are the internal Recruitment Sources among the following
INTERPRETATION
Particulars no of respondents
percentage
Present permanent employees
92 92%
Present temporary employees
0 0%
Retired or retrenched employees
4 4%
Disabled employees
4 4%
Total 100 100%
. What are the internal Recruitment Sources among the following
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Presentpermanentemployees
Presenttemporary employees
Retired orretrenchedemployees
Disabledemployees
Total
Rating
No o
f res
pond
ents
Series1Series2
Series3
Table 4.8:
8. What External Recruitment
Sources are used
INTERPRETATION
Particulars no of respondents
percentage
Advertisement 21 21%
Campus interviews
35 35%
Consultants 30 30%Portals 7 7%
All of these 7 7%
total 100 100%
. What External Recruitment Sources are used
0%20%40%60%80%
100%120%
Rating
No
of re
spon
dent
s
Series1
Table 4.9:
9. Does JOCIL LTD adopts Internal Recruitment Source i.e. Transfer & Promotion:-
INTERPRETATION
Particulars no of respondents
percentage
yes 91 91%
no 1 1%
Total 100 100%
JOCIL LTD adopts Internal Recruitment Source i.e. Transfer &
Promotion:-
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yes no Total
Rating
No o
f res
pond
ents
Table 4.10:
10. What form of interview did you prefer
INTERPRETATION
Particulars no of respondents
Percentage
Personal interview
90 90
Telephonic interview
7 7
Video conferencing
2 2
Any two 0 0All three 1 1
Total 100 100
What form of interview did you prefer
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Pers
onal
inte
rvie
w
Tele
phon
icin
terv
iew
Vide
oco
nfer
enci
ng
Any
two
All t
hree
Tota
l
Rating
no o
f res
pond
ents
Series1Series2Series4
Table 4.11:
11. Following which test organization conduct for selection of candidate
Particulars no of respondents
Percentage
Aptitude 14 14%intelligence 75 75%personality 8 8%
psychological 3 3%Any other 0 0%
Total 100 100%
which test organization conduct for selection of candidate
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Aptitud
e
intell
igenc
e
perso
nality
psyc
holog
ical
Any ot
her
Total
Rating
no o
f res
pond
ents
Series1
Series2
Series3
Table 4.12:
12. Are you satisfied with the interview process
Particulars no of respondents
Percentage
yes 98 98%no 2 2%
To some extent
0 0%
Total 100 100%
Are you satisfied with the interview process
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yes no Tosomeextent
Total
Rating
No o
f res
pond
ents
Table 4.13:
13. Are rejected candidates informed by
Particulars no of respondents
Percentage
Informed immediately
11 11%
Email 4 4%
phone 85 85%
Not informed 0 0%
Total 100 100%
Are rejected candidates informed
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Info
rmed
imm
edia
tely
phon
e
Tota
l
Rating
No o
f res
pond
ents
Table 4.14:
14. Rank the Qualities in the order of your preference on the basis of which you select candidate:-
Particulars no of respondents
Percentage
qualification 12 12%experience 25 25%
skills 20 20%personality 3 3%
Depends up on job variety
40 40%
Total 100 100%
Rank the Qualities in the order of your preference on the basis of which you select candidate:-
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qual
ifica
tion
expe
rienc
e
skill
s
pers
onal
ity
Dep
ends
up o
n jo
bva
riety
Tota
l
Rating
no o
f res
pond
ents
Series1
Series2
Series3
Table 4.15:
15. Does JOCIL LTD asks candidates to enter into BONDS with them
Particulars no of respondents
Percentage
yes 53 53%
no 47 47%
Total 100 100%
JOCIL LTD asks candidates to enter into BONDS with them
0
20
40
60
80
100
120
yes no Total
Rating
No o
f res
pond
ents
Table 4.16:
16. Is the estimation of Recruitment Process cost is done
Particulars no of respondents
Percentage
yes 91 91
no 9 9%
Total 100 100%
Estimation of Recruitment Process cost is done
0
20
40
60
80
100
120
yes no Total
Rating
No o
f res
pond
ents
Table 4.17:
17. How do you rate the HR practices of the
company
Particulars no of respondents
Percentage
Excellent 58 58%Very good 38 38%
Good 3 3%Average 1 1%
Bad 0 0%Total 100 100%
. How do you rate the HR practices of the company
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Rating
No o
f res
pond
ents
FINDINGS
In organization most of the people satisfied with their present organization and
some people respond negatively.
98% of respondents have known clearly about the recruitment policy in the
JOCIL.LTD and remaining 2% of respondents have no idea about recruitment in
JOCIL.LTD
18% of employees in JOCIL.LTD have stated that the average time of response for
each candidate for recruitment is 1-2 days and 64% of respondents have stated
that it will take min 1week and remaining 18% no of respondents have stated that
it take min 15 days for each candidate .
91% of respondents have says that JOCIL have internal recruitment source i.e.
transfers and promotions and reaming 9% says they have no internal recruitment
source.
98% of respondents have said that they are satisfied with the interview process
and remaining 8% are not satisfied with interview process.
Among all of respondents 53% of employees says that they have entered in bonds
with jocil ltd at the time of their recruitment.
91% of employees says that jocil ltd estimates their recruitment process cost before
going for recruitment.
SUGGESTIONS
This part deals with the some suggestions for effective Recruitment in the
JOCIL.LTD
Recruitment should be done timely in the organization as it consumes a lot of
time & hence this becomes a hindrance for applicants who are kept on hold
for a long time.
Proper Human Resource planning strategy should be followed which will
help in recruiting the right candidates.
Selection process is to be completed & offers to the candidates must be issued
on the same day.
A revaluation of the recruitment policies & methods is also suggested for
improving the efficiency of the organizational objectives.
Superiors in the organization should inculcate the importance of the self-
development in the minds of the employees.