Professional Documents
Culture Documents
PROJECT REPORT
ON
IN
“ANAND RATHI SECRUTIES PVT.LTD.”
SUBMITTED BY
MANJARI SAXENA
PGDM (2008-2010)
Maharishi Arvind
Institute Of Science And Management
Ambabari circle, Ambabari, Jaipur- 302023
Phone: 2335487, 2234216, Fax- 0141-2335120.
E-mail: maism@datainfosys.net
Website:www.maismom
1
ACKNOWLEDGEMENT
I take immense pleasure in completing this project and submitting the final research
report. 45 days with Anand Rathi. has been full of learning and sense of contribution
towards the organization. I would like to thank the organization for giving me an
opportunity of learning and contributing through this research report. I also take this
opportunity to thank all those people who made this experience a memorable one..
During the actual project work, Mr.Vinod Pandey has been the source of inspiration
through their constant guidance; personal interest; encouragement and help. I convey my
sincere thanks to them. In spite of their busy schedule they always found time to guide
me through the project. I am also grateful to them for reposing confidence in my abilities
Miss Astha Gupta (Faculty of MAISM), who is my faculty guide. I say thanks for their
tremendous support and help. I felt motivated and encouraged every time.
apportunity to have a practical experience of Job. I am grateful for their constant support
and help
MANJARI SAXENA
2
3
Maharishi Arvind
Institute Of Science And Management
Approved by All India council for Technical Education
(AICTE), Ministry of H.R.D., Govt. of India,
Affiliated with Rajasthan Technical University (RTU), Kota
Certificate
This is to certify that Ms. MANJARI SAXENAof PGDM II semester of session 2008-10
has completed her project study work as per the requirements of PGDM programme of
MAISM Ambabari Jaipur.
She has done her project on “Annual Performance Appraisal System In RIICO” under my
guidance. The work is done only for academic purpose.
I am fully satisfied with her work and recommended its acceptance in the partial
fulfillment of the requirements for the award of PGDM course.
I wish her all the success.
Ambabari Circle, Ambabari, Jaipur-23.Ph.: 0141-2334873, 2335487, 2234216. Cell: 98281 99937
Fax: 91-141-2335120. E-mail: maism@datainfosys.net. Website: www.maism.org, www.mai
EXECUTIVE SUMMARY
4
Summer training provides an opportunity to the student of professional studies,
particularly so far in management studies, to acquire practical skills and hand on
experience by actually being a part of the organization and their processes. One really
gets opportunity to learn the culture and dynamics of them andenhances the knowledge of
the trainee.
Working in the organizational environment is the first step of the trainee in the practical
world. From the very first day I started relating to the work which wsa assigned to me
with the theoretical studies.
All the basic fundamental concepts are linked in one way or the other ways to the
organization.
The well planned properly executed and evaluated vocational training helps a lot,
including good work culture. It actually builds a bridge between theoretical knowledge
and practical application.
Hence to learn the work from basics I undertook 45 day’s training in ANAND RATHI
JAIPUR
Also I like to mention the candidates with whose details my report and training was
bagged by datas and made the analysis part look good
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TABLE OF CONTENTS PAGE NO.
1 ACKNOWLEDGEMENT………………...................2
2 CERTIFICATE FROM THE COMPANY………….3
3 CERTIFICATE FROM THE FACULTY GUIDE….4
4 EXECUTIVE SUMMARY…………………………5
5 INTRODUCTION OF THE COMPANY………..7-12
6 INTRODUCTION OT THE PROJECT TOPIC13-36
RECRUITMENT ………………………….13-24
TRANING ………………………………25-36
7. PROJECT PROFILE…………………………..37-38
8. RESEACH METHODOLOGY ………………39-40
9. DATA AND DATA ANALYSIS……………..41-50
10. CONCLUSION………………………………..51-53
11. SUGGESTION …………………………….54-55
12. BIBLIOGRAPHY…………………………….56
6
INTRODUCTION TO THE COMPANY
In year 2007 citigroup venture capital joined the group as financial partner.
7
MILESTONES
1999: Lead managed first IPO and executed first M&A deal.
8
2004: Retail branch network expands 100 locations in India.
Commodities brokerage and real estate services introduced.
Wealth management assets cross Rs. 3000 crores
Intitutional equities business re launched and senior research team put
in place.
9
PRESENCE OF ANAND RATHI IN INDIA
Bihar Chhattisgarh
Delhi Goa
Gujarat Haryana
Karnataka Kerala
Orrisa Punjab
10
SERVICES PROVIDED BY ANAND RATHI
• Demat Services.
• NSE, BSE trading services.
• Commodity trading.
• Mutual Fund Distribution.
• Life insurance and non-life insurance Distribution
• IPO.
• Online trading.
• Financial advisor.
• Research Assistance.
11
CORE STRENGTHSOF ANAND RATHI
BREADTH OF SERVICES
The firm offers to its clients the entire spectrum off financial services ranging from
brokerage in equities and commodities, distribution of mutual funds, IPO’s, and
insurance products, real estate, investment banking, merger and acquisitions, corporate
finance and corporate advisory. Clients deal with a relationship manager who guides the
clients according to their needs with the best products available in the market.
MANAGEMENT TEAM
AR research team is very experienced having in- depth knowledge of both products and
financial markets.
12
INTRODUCTION TO THE PROJECT TOPIC
13
Recruitment Process
Recruitment is a process of attracting pool of potential candidates from the labour market
to apply for the job where as selection is an elimination process to choose the best fit for
the job. Recruitment is the process of searching for the attracting qualified candidates to
apply for the positions that are available.
Objective
↓
PHASE IV – Candidate Induction Process
Sending the Employment
Agreement
Assigning the candidate to
The BDM
↓
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The Applicant Databank is a Central Repository of Applicant
related information.
The Recruitment Process has difference options – Direct and Through Requisitions :
Direct : The Candidate required for a vacant position in the organization is
Searched from the Applicant Data Bank and given an offer.
Through : The requisition process Comprises of Manpower Requisitions
Requisitions from the organization.
After Approval of the Requisitions of Applicants are short listed from the Applicant Data
Bank based on the Position, Experience, Skill Set, and Qualification as required from the
Requisition.
The Short Listed Applicants are then called for an Evaluation Process that is based on
Pre-defined steps for the respective Positions. After clearing the evaluation process an
offer letter is given to the selected applicants.
If the Applicant is rejected or on Hold during Evaluation process, the Applicant goes
back to the Applicant Data Bank with appropriate status.
The Recruitment Process depends on the requirements. The various Stages that the
Recruitment process Follows are :
General
Resume Scanning
Preliminary Interview
Final Interview
Antecedent Verification
Walk In
Colleges
The Flowcharts describing the various steps of Recruitment Process are as follows :
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RECRUITMENT PROCESS
Search profiles as per the job & competencies
required through Job portals, References and word of
mouth.
Name
Organization
↓ Location
Present Designation
Highest Education
Call the candidates to know present profile & Total Exp
interests. Brief him about his Prospective Profile & Present Salary (per month)
Reliance Retail Business. Ask them to send their Contract No.
updated profiles. Status
RPAT Score
Version
↓ Language
% marks
Name of College/University
Maintain a detailed MIS of all the Candidatures → Age
received. Sex
Function
Date
↓ Status
File No.
Source
Screening of the candidature by the Functional Team Name
(Local or HO). Met by
Interview
Decide and inform the Panel about time, date & venue Name
three days before the scheduled date. Inform the DOB
candidates about Data, Time, Venue, Contact No. & Age
Contact Person, Travel Reimbursement & Eligibility Interview Panel
Positions
↓ Department
Qualification
Conduct RPAT assessment tool for all the candidates. → Institute Name
Ask them to fill candidate Detail Form. Year of Passing
Experience
↓ Companies Worked in
Current Location
Interviews to be conducted by the Panel & following Contact No.
Documents to be handed over to the Panel before the Source of CV
interview. Interview Date
− RPAT Score Sheet Interview Time
− Resume
− Interview Assessment Sheet (To be
filled by the Panel)
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RECRUITMENT PROCESS
Short-listed Candidates to be informed regarding their
status and ask them to register on the Reliance
Website. Conduct a Reference check for the
candidate. Update the Status of the candidate in the
MIS.
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RECRUITMENT PROCESS – RESUME SCREENING
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RECRUITMENT PROCESS – PRELIMINARY INTERVIEW
∗ HR Term Member
Selection of Panel
∗ Functional Head, if needed
Check his
∗ Family Background
Conductive of the ∗ Communication
Interview ∗ Attitude
∗ Commitment Level
∗ Strengths & Weaknesses
If Suitable
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RECRUITMENT PROCESS – FINAL INTERVIEW
∗ HR Term Member
Selection of Panel
∗ Functional Head
Interviews to be conduced by
the Panel & following
Documents to be handed over
to the Panel before the
interview
− RIT Check for his
− Resume ∗ Technical Skills
− Interview Assessment ∗ Knowledge Level
Sheet (To be filled by the ∗ Achievements
Panel) ∗ Career Graph
− Employment Offer
Initiation Sheet (To be
filled by the Panel)
− Short listed Candidates
Format (Excel Format)
If Suitable
Issuance of Offer
Letter
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RECRUITMENT PROCESS – ANTECEDENT VERIFICATION
To person referred is
called telephonically & is If found On Criminal/Moral
asked about the candidate unsatisfactory ?? Grounds –
(Format Attached)
The candidate will be not be
given the offer letter and hence
rejected.
On Other Grounds – Decision
will be taken by the Panel for
review.
If found
satisfactory
Issuance of Offer
Letter
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RECRUITMENT PROCESS – WALK IN
If Qualified
Note down details of the his like
Present Profile & Interests Brief
Preliminary Interview
him about his prospective Profile
& Reliance Retail Business
If Suitable
Issuance of Offer
Letter
22
RECRUITMENT PROCESS – WEB PRTAL
If Suitable
Issuance of Offer Letter
23
RECRUITMENT PROCESS – RESUME SCREENING
↓
Facilitate the highest authority
Contact the administrative
with a token gift of
office/placement cell for
appreciation Brief the officials
appointment with the
about our vision, mission,
concern authority
values and our requirements.
↓
24
TRAINING & DEVELOPMENT
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Training & Development
Objective :
Goal :
Why Training ?
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Training Process
Training Team
↓
What kind of
Level and Duration training audience ?
of Training What would be the
tenure of Training
↓
Selection of Trainer
↓
Training dept
selects the trainer
Train the Trainer and then selected
undergoes the
training
↓
27
Training Process
To gap between A & B is there called as Training need and the excess is known as
training need analysis.
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Importance of T & D
A company's human resources are, potentially, its greatest asset. Training and
development of a company's human resources are critically important to its economic
growth because training and development provide the 'bridge' between potential and
actual human resource assets.
Research clearly indicates that training and development opportunities rank as one of the
most important predictors of retention. By offering training programs, [Organizations]
not only keep their employee's skill sets current, but also demonstrate that they care.
Employees who feel valued are likely to be more fully engaged [and] committed to the
[Organization's] success, and less likely to stray.
Types of Training
Training Methods
Internal Training
External/Outbound Training
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Process for Training
Business Need
Competency Profiling Gap Analysis
Performance Management System Feedback
Project Management Plan
Planning
Execution
Evaluation
30
Consolidated feedback on the trainers.
31
Components of an Effective T & D Program
Management
Support
Program
Evaluation Approved
Program
Design
Central Co-
ordination
Philosophy Framework
Statement
Qualified Recognition
Trainers and
Rewards
Delivery
Options Documentati
on
32
Components to achieve Training Goal
Management Support
Departmental Cooperation
Supervisor Involvement
Relationship to the Evaluation Process Understood
Clear Expectations
Training Data Maintained
Regular Budget Review
Training Budget
33
Individual training plans will help to increase the participation in current training
activities.
Improved support for and qualify control of Trainers.
Vary Trainer's Role
34
Training Design Process
Globalization
Need for leadership
Increased value placed on knowledge
Attracting and winning talent
Quality emphasis
Changing demographic and diversity of the work force
New technology
High-performance model of work systems
Roles Competencies
Analysis/Assessment Role Industry understanding; compute competence;
data analysis skill;, research skill
Development Role Understanding of adult learning; skills in
feedback; writing, electronic systems, and
preparing objectives
Strategic Role Career development theory; business
understanding; delegation skills; training and
development theory; computer competence
Instructor/Facilitator Role Adult learning principles; skills related to
coaching, feedback, electronic systems, and group
35
processes
Administrator Role Computer competence; skills in selecting and
identifying facilitates; cost-benefit
analysis;project management; records
management
Behavioral Training
36
Result or Outcomes
Turnover
Change in program
Needs of organization or personnel
Cost effectiveness
Employee promotion and advancement
Workplace Skills
37
PROJECT PROFILE
38
Recruitment &Training Development in
OBJECTIVEN:
Scope:
To get the best out of the rest
To improve productivity
To save time, as through consultancy firms, information on web sites things and
clearer with the candidates regarding the company profile.
Improved presentation.
SIGNIFICANCE:
The significance of this study is that, the company follows a much defined path to select
candidates and set training programmers for them. More to know regarding recruitment
and training’s importance:
Reduces costs
Save time
Increases productivity
Reduces freshers
Simple management level
TO THE COMPANY:
This study enabled the company to know the way their HR managers work to select
candidates, how each and every step which is theoretically read by management students
39
are applied aptly by them to give organization better returns, as humans are the resource
that make an effective link between machines- capital and men.
TO THE RESEARCHER:
This study enabled me to know the actual scenario of the recruitment process followed by
a Company. The things which were only in pages actually came in front of me, the
efforts that are put by the HR manager to pool best candidates from a huge lot who come
for the interview.
RESEARCH METHODOLOGY
40
Research Methodology
Universe:
Finite
Sample Size:
Random
Research Design:
Descriptive
Data collection:
41
DATA
&
DATA ANALYSIS
42
DATA & DATA ANALYSIS
Analysis is the most important part of any research. It needs to be unbeaten from
and with utmost care in order to draw fair conclusion the report generated is in a
analysis and interpretation from, as when required bar graph have been draw to
present a more comperehensive picture, however it is important to mention that the
research report represent the picture of the departments and heads which were
covered in the research and views given by the HR -officer.
43
Vacant position in Anand Rathi Company from 2006 to till June
2009
vacant position
400 380
350
300
300
250
250
200
vacant position
150 117
100
50
0
2006 2007 2008 2009
44
Application received by Anand Rathi From 2006 to 2009.
Application Received
800
717
700
600
502
500
400
300
300 230
200
100
0
2006 2007 2008 2009
45
Finding and Interpretation
Here we come to know that in 2006 company selected 220 applicants after the
evaluation process
In 2007 655 applicants were selected because new product and branches were opened.
In 2008 450 applicants were selected .
In 2009 175 applicant are select till June.
46
Applicants were selected after short listed due preliminary interview.
SelectedcandidatesDuringprelimiar Interview
500 455
450
400
350
300
300
250
200 175
150
150
100
50
0
2006 2007 2008 2009
Here we come to know that in 2006 ,175 candidates were selected after short listed in
prelimiar interview.
In 2007, 455 candidates were selected.
In 2008, 300 candidates were selected.
In 2009, 150 candidates were selected till June.
47
Candidates selected after Final Interview.
48
Finding and Interpretation
Here we come to know that in 2006 ,2007, 2008 & 2009 the company gave the job to
candidates were 100, 350, 150 & 100.
49
Finding and Interpretation
Here we come to know that in 2006,2007,2008 & 2009 the company provided training to
selected employees were 80, 275, 110 & 75.
50
Finding and Interpretation
Here we come to know that in 2006, 2007, 2008 & 2009 the company provide the
training to Senior were 20, 75, 40 & 250.
51
CONCLUSION
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CONCLUSION
The complete project resolve in 45 days though the time for the project was too short to
understand such a complex process of RECRUITMENT AND TRAINING of ANAND
RATHI SECRUITY Limited but still the HR manager gave me an overview of the
various steps in this process by the help of floe chart
It gave me over view of the working culture and the importance of each activity or
process in HR department. It gave me chance to interact with HR professional in the
department and know the process. It was great learning process. the learning did not only
resolve within the project boundaries but also beyond it, where I learn lots other work
that done in HR department and its important in the organization
53
Conclusion
• In 2006 , company received 300 application but company had 117 vacant sets
because business was at small scale.
• In 2007, company opened new branches so the work load were increase and
company need more employees for work, so company had 380 vacant sets and
company receive 717 application.
• In 2oo8, the recession period was started so company had 250 vacant sets and
company received 502 application.
• In 2009 company received 400 application and sets are 300.
• In 2006 company recruited 100 employees because the business was not at large
scale.
• In 2007 company recruited 350 employees because new branches were opened .
• In 2008 company recruited 150 employees because the recession period was
started.
• In 2009 company recruited 100 employees till June.
54
SUGGESTION
55
• Campus placement techniques should be use to select appropreat candidates.
56
BIBLIOGRAPHY
BOOKS
WEBSITES
www.google.com
www.ask.com
www.hrguru.com
www.yahoo.com
COMPANY’S RESOURCES
57
THANK YOU
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