Научная статья на тему 'STUDY ON RECRUITMENT AND SELECTION PROCESS IN L&T CONSTRUCTION'

STUDY ON RECRUITMENT AND SELECTION PROCESS IN L&T CONSTRUCTION Текст научной статьи по специальности «Экономика и бизнес»

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Russian Law Journal
Scopus
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Ключевые слова
Recruitment / Selection / Employees / Efficiency

Аннотация научной статьи по экономике и бизнесу, автор научной работы — Saikumari V., Darshini S., Dinesh Kumar A., Arun L., Uvanesh P.

Better recruitment and selection strategies improve organizational performance. Recruitment is the process of finding potential employees and encouraging them to apply for employment in the organization. You can choose is defined as the process by which an organization selects from applicants those people, they know would best meet the workplace requirements of the current environmental situation. In today's competitive business organizations must meet the demands set by people. This is important for organizational acceptance a well-structured recruitment policy that can be effectively implemented for best results. This research helps the organization to identify the problem set and suggest ways to improve recruitment and hiring. In the selection process, this study focuses on understanding the recruitment and selection process. The tools used in this study are percentage analysis and inferential analysis are used.

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Текст научной работы на тему «STUDY ON RECRUITMENT AND SELECTION PROCESS IN L&T CONSTRUCTION»

STUDY ON RECRUITMENT AND SELECTION PROCESS IN L&T

CONSTRUCTION

1DR. SAIKUMARI. V, 2DARSHINI. S,3DINESH KUMAR.A, 4ARUN. L, 5UVANESH. P

1Professor and Head, MBA Department SRM Easwari Engg. College Ramapuram, Chennai-89

2II nd year, MBA Department SRM Easwari Engg. College Ramapuram, Chennai - 89

3II nd year, MBA Department SRM Easwari Engg. College Ramapuram, Chennai - 89

4II nd year, MBA Department SRM Easwari Engg. College Ramapuram, Chennai - 89

5II nd year, MBA Department SRM Easwari Engg. College Ramapuram, Chennai - 89

Better recruitment and selection strategies improve organizational performance. Recruitment is the process of finding potential employees and encouraging them to apply for employment in the organization. You can choose is defined as the process by which an organization selects from applicants those people, they know would best meet the workplace requirements of the current environmental situation. In today's competitive business organizations must meet the demands set by people. This is important for organizational acceptance a well-structured recruitment policy that can be effectively implemented for best results. This research helps theorganization to identify the problem set and suggest ways to improve recruitment and hiring. In the selection process, this study focuses on understanding the recruitment and selection process. The tools used in this study are percentage analysis and inferential analysis are used.

Keywords: Recruitment, Selection, Employees, Efficiency

INTRODUCTION OF THE STUDY:

Organizations cannot function without effective human resource management. The fundamental function of recruitment in human resources is the introduction of new employeesinto organizations. The process of looking for potential employees to apply for a job posting ata recruiting agency is called recruitment. The process of selecting an ideal candidate from thepool of applicants for a position is called selection. After the recruitment process is finished, the selection process begins. The positive aspect of HR practices is recruitment, while the negative aspect is selection.

According to a large number of researchers, in order for organizations to continue operating in a competitive environment, their recruitment and selection policies need to be ethical. The systematic and comprehensive management of employees within an organization is known as HRM. Staffing (hiring people), employee retention, pay and benefits management, performance management, change management, and handling exits from the business round out the activities.

PROBLEM STATEMENT:

Recruitment and selection are the most critical and significant human resource functions, unlessthe organization has the best available employees, it will not be able to grow and flourish in the market. The drive and motivational levels of the employees need to be high to enable the company to attain its goals. All the steps of the recruitment and selection processes are equallyimportant in attracting and retaining the right talent. Recruiting staff is a very costly exercise. It is also an essential part of any business and it pays to do it properly. When organizations choose the right people for the job train them well and treat them appropriately, these people not only produce good results but also tend to stay with the organization longer.

An organization may have all of the latest technology and the best physical resources, but if itdoes

not have the right people it will struggle to achieve the results it requires. This is true across the whole spectrum of business activity.

NEED & SCOPE OF THE STUDY:

• This study aids in the selection of the right people for the right job.

• The goal of this research is to better understand the recruitment and selection process.

• This in turn helps the management to formulate suitable policy to recruit the employeeswhich helps for developing Organization by increasing their productivity level

• It helps the employees to get more Interested towards their work by Improving theirself-development.

OBJECTIVE OF THE STUDY: PRIMARY OBJECTIVE

To study the Recruitment & Selection Process In L&T SECONDARY OBJECTIVE

• To study the various sources of recruitment & selection.

• To study the effectiveness of recruitment and selection of employees.

RESEARCH METHODOLOGY: A methodical approach to resolving a problem that lays out the procedures for conducting research is known as the research methodology. It includes portraying the issue, making senseof and foreseeing the peculiarities, by which the response to the issue is found out. Research strategy is likewise characterized as the investigation of techniques by which information is acquired. Its objective is to provide a research work plan.

LIMITATION OF THE STUDY:

✓ The time limitations of the study were only 3 months.

✓ The administration and management activities reported here are based on the direct observation carried out during the internship period.

✓ The sample was collected from the restricted cadre working in the office.

✓ An in-depth study may not be possible because of the limitations of resources and thedisposal of investigation in terms of time, resource.

✓ The study is based on the opinion of employees, there are possibilities of biasedresponses influencing the finding and conclusions.

REVIEW OF LITERATURE:

Navdeep Singh Gill (2006) Recruitment is the method in which individuals are located and attracted by an organization to fill job vacancies. After recruitment, selection procedure follows. In this paper, we have discussed various recruitment and selection methods in detail. It is concluded that recruitment and selection play important role in the successful employmentrate.

Alan Price et., al., (2007) Investigated that the formal definition of recruitment and selection in his book Human Resource Management in a Business Context is the process of finding andattracting qualified applicants for employment.

Vibin Geroge et., al., (2008) Inquired that enlistment is the most common way of looking forplanned workers and animating them to go after positions in the association. The process by which an organization selects applicants who, in light of the current environment, they believebest meet the

requirements for the position is known as selection.

Neeraj Kumari et., al., (2012) Better recruitment and selection strategies result in improved organizational outcomes. With reference to this context, the research paper entitled Recruitment and Selection has been prepared to put a light on Recruitment and Selection process

Sudhamsetti Naveen et., al., (2014) The main objective of this paper is to identify general practices that organizations use to recruit and select employees. The study also focuses its attention to determine how recruitment and selection practices affect organizational outcomes.

DATA ANALYSIS AND INTERPRETATION:

Distribution of the respondents for external sources of recruitment used in the process of recruitment

S.NO OPTION RESPONDENTS PERCENTAGE %

1 Advertisement 67 19

2 Internet 77 22

3 Campus Drive 111 32

4 Consultancies 16 5

5 All of the above 76 22

Total 193 100

Graphical presentation of data Analysis

INFERENCE:

From the above analysis, it is inferred that 32% of the respondents choose Campus Drive as anexternal source of recruitment, 22% as Internet & all of the above, 19% as advertisement, and5% as from consultancies for the external sources used in the company.

CORRELATION TEST:

Null Hypothesis (H0): There is no significant correlation between an individual's level of work experience and their perception of the effectiveness of the organization's selection policy

Alternative Hypothesis (H1): There is a significant correlation between an individual's level ofwork experience and their perception of the effectiveness of the organization's selection policy

Correlations

Experience in the organization Does the selection policy practice by the organization effective?

Experience in the organisation Pearson Correlation 1 -.054

Sig. (2-tailed) .454

N 193 193

Does the selection policy practice by the organization effective? Pearson Correlation -.054 1

Sig. (2-tailed) .454

N 193 193

INFERENCE:

From the above table, it is inferred that the Pearson correlation coefficient between the two variables is -0.054, which indicates a weak negative correlation. This means that as the experience in the organization increases, the effectiveness of the selection policy decreases, and vice versa. However, the correlation coefficient is 0.454, which is greater than the significance level of 0.05. Therefore, it is proven that null hypothesis is accepted and alternativehypothesis is rejected and conclude that there is no significant correlation between the two variables.

FINDINGS:

> Most of the respondents choose that the source of recruitment done are both internaland external

> Maximum of the respondents choose campus Drive as an external source of recruitmentand minimum of them choose consultancies.

> Majority of the respondents choose employee Referral as an internal source ofrecruitment and minority of them choose promotions.

> Most of the respondents choose as personal interview during the selection process andleast of them choose group discussion.

> Superior of the respondents agree that the resume screening & shortlisting method usedby the organization is satisfactory and inferior of them disagree.

CONCLUSION:

The study on recruitment and selection in HR professional is having big responsibility to hire a best person from the available talent pool. At the same time, one needs to be conscious. Theemployer should judge on individual merits and set the same standards for all. In the present scenario, "It is the biggest challenge for a HR manager to hunt for talent"

Based on the above result, we can draw the following conclusion that the data was collected by means of questionnaire and the majority of the respondents believe that the recruitment andselection process is quite effective at L&T. Mostly all the respondents were satisfied but changes are required according to the changing scenario as recruitment process has a great impact on the working of the company as a fresh blood, new ideas enter in the company.

REFERENCE:

[1] Agarwal, M. (2018). A study on recruitment and selection process of L&T construction.International Journal of Research and Analytical Reviews, 5(2), 687-695.

[2] Balaji, S. (2016). A study on recruitment and selection process at L&T. International Journal of Business and Administration Research Review, 4(1), 192-198.

[3] Chakrabarti, P. (2017). An analysis of recruitment and selection process at L&T Infotech. International Journal of Business and Management Invention, 6(5), 1-7.

[4] Gupta, S. (2019). A study on recruitment and selection process in L&T finance. International Journal of Scientific Research and Management, 7(4), 24-32.

[5] Kulkarni, S., & Kulkarni, V. (2018). A study on recruitment and selection process at L&T Infotech. International Journal of Recent Advances in Engineering and Management, 7(2), 15-22.

WEBSITE:

[1] Society for Human Resource Management (SHRM) - https://www.shrm.org/

[2] Human Resources Today - https://www. humanresourcestoday.com/

[3] HR Dive - https://www.hrdive.com/

[4] HR Technologist - https://www.hrtechnologist.com/

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