Analysis of Recruitment & Selection Strategies of Icici Prudential Life Insurance Ltd.
A
PROJECT REPORT
ON
ANALYSIS OF RECRUITMENT & SELECTION STRATEGIES
OF
ICICI PRUDENTIAL LIFE INSURANCE LTD.
[pic]
Submitted To: Submitted By:
Preeti Dhanetwal Asha jainani M.B.A 1styear
Acknowledgement
The beatitude, bliss and euphoria that accompany successful completion of any task would not be complete without the expression of appreciation of simple virtues to the people who made it possible. So, with reverence, veneration honor I acknowledgement all those whose guidance and encouragement has made successful in winding up this. I take this opportunity to thank Mrs. Preeti for her support and encouragement which helped me in the completion of this report.
I extend my gratitude and thankfulness to Arya College of engee. And research center.
Date: Signature:
PREFACE
Recruitment and selection is a multifaceted concept. The relevance of recruitment and selection is to determine the number of personnel required. The HR proceeds with the identification of sources of recruitment and finding suitable candidates for employment. Both internal and external sources of manpower are used depending upon the types of personnel needed.
In the present business environment, organizations are faced with the pressure to produce maximum with less recruitment. An employee, on whom an organization’s profitability depends, comprises the largest fixed cost that an organization incurs. In the past, individual used to work with one or two organization during their entire working life (average between 20-30 years). Organization too used to believe in lifetime employment concept. However, such concepts are being eroded as a result of the
PROJECT REPORT
ON
ANALYSIS OF RECRUITMENT & SELECTION STRATEGIES
OF
ICICI PRUDENTIAL LIFE INSURANCE LTD.
[pic]
Submitted To: Submitted By:
Preeti Dhanetwal Asha jainani M.B.A 1styear
Acknowledgement
The beatitude, bliss and euphoria that accompany successful completion of any task would not be complete without the expression of appreciation of simple virtues to the people who made it possible. So, with reverence, veneration honor I acknowledgement all those whose guidance and encouragement has made successful in winding up this. I take this opportunity to thank Mrs. Preeti for her support and encouragement which helped me in the completion of this report.
I extend my gratitude and thankfulness to Arya College of engee. And research center.
Date: Signature:
PREFACE
Recruitment and selection is a multifaceted concept. The relevance of recruitment and selection is to determine the number of personnel required. The HR proceeds with the identification of sources of recruitment and finding suitable candidates for employment. Both internal and external sources of manpower are used depending upon the types of personnel needed.
In the present business environment, organizations are faced with the pressure to produce maximum with less recruitment. An employee, on whom an organization’s profitability depends, comprises the largest fixed cost that an organization incurs. In the past, individual used to work with one or two organization during their entire working life (average between 20-30 years). Organization too used to believe in lifetime employment concept. However, such concepts are being eroded as a result of the
References: • DeCenzo, David A and Robbins, Stephen P,: “Human resource Management” Prentice Hall India Private Limited (2000) • Chabbra, T.N, “Human Resource Management (2004)”; pp 161-191