Professional Documents
Culture Documents
Submitted to:
Madam Zainab Ahsan
Submitted By:
Muhammad Habibullah 084
Sharjeel Arslan 139
Zahid Yousaf 166
Amina Nazir 012
Comsats Institute of
Information Technology
Lahore…
Contents:
Bank Alfalah was established in 1997, it is a first fully private bank and having fifth
Position in Pakistani banking sector. It has more than 270 branches across the country.
The Bank has highest deposits and huge paid up capital. The Bank also offers latest
products and services to their customers.
Recruitment:
Recruitment is the formal process of selection of employees. It is the systematic process
of searching of candidates for employment and encourages them to apply for jobs in the
organization. The overall aim of recruitment is to obtain the quantity and quality of
employees. The good recruitment should attract the qualified and discourage the
unqualified candidates.
Steps of Recruitment:
1. Detailed HR planning: A detailed document of human resource planning, which
contains anticipated detail of required human resource i.e. how much organization needs
human resource to meet it objectives.
2. Job analysis:
• Job description: (detail information of the competent tasks and duties)
• Job specification: (detail statement of professional qualification & skills required
for job)
3. Identification of recruitment source
4. Preparation and publication of information (advertisement)
5. Managing the response
6. Short-listing
7. Conducting Interviews.
Recruitment and Selection Process in Bank Alfalah:
Bank Alfalah makes recruitment of three kind of employee’s for the fulfillment of their
need of expansion and growth.
• Top Management
• Trainee Officers
• Contractual Employees
This recruitment is made on the basis of the requirement e.g. top managerial post is
fulfilled either from internal or external sources with good experience and qualification.
Trainee officers are fresh candidates usually recruited from external sources, who are
having the prescribed qualification for the post. Internal recruitment is also made by up
gradation of the lower employees with the same qualification or better performances at
the lower post in the same organization.
Some time contractual employment is made till the availability of permanent employees
for the post. Such type of employment is usually made on emergency bases.
Following sources are used to invite applications from suitable candidates for internal
and external recruitment:
• Newspapers:
Bank Alfalah advertises the vacancies in popular newspapers, which can either be in
English or Urdu language according to the need of job and situation.
• Website:
Bank Alfalah has also adopted online recruitment process like ROZEE.PK and other
online job offering websites, where they advertise the vacancies. Bank Alfalah also has
its own website, where they advertise the vacancies.
• Direct Applicants:
Fresh graduates keep on submitting their CVs to the HR Department from time to time.
HR Department selects the effective persons for interview and tests whenever a job is
vacant.
Selection Procedure:
After the recruitment, the selection of most reliable and capable applicants is made at
Bank Alfalah under the supervision of HR personals. Their criteria are:
• Candidate must be a citizen of Pakistan.
• They must be qualified in the relevant field having graduate or post-graduate
degree.
• Should have attained the age of 18 years but not be exceeding the age of 35
years.
Applications are invited from candidates on prescribed forms against the vacant posts
advertised in the newspapers, after advertisement different people apply for the job. In
the preliminary CV, irrelevant applications are screened out and relevant applications
are called for written test. This test is examined by IBP (Institute of Bankers Pakistan).
The test pattern is of GMAT format in which they judge the person job behavior and
skills of doing individual and group simulation tasks. Then there is an initial interview in
which one topic is given to each candidate and asked to debate on that. Further
screening is made from the group discussion which is examined by 10 HR executives of
Bank Alfalah. In this way they judge their personality traits and leadership qualities.
Now final interview is conducted by the president of Bank Alfalah at the regional office.
Then job is offered to deserving candidates, who are sent for training to the head
quarter, which is based at Karachi where they undergo intensive training in various
fields. After completion of training they are sent to different branches.
FAYSAL BANK LIMITED:
Faysal bank Started operations in Pakistan in 1987. Initially Faysal Bank started
functioning as an Islamic Bank but later on it converted into normal bank and renamed
as Faysal Bank Limited. Later on in January 2002, a group entity in Pakistan i.e. Al-
Faysal Investment Bank Limited became associated and merged into the current Faysal
Bank. The Head Office of the bank is situated at Faysal House Shahra-e-Faisal, Karachi.
Recruitment& Selection process in Faysal Bank:
Faysal Bank Limited recruits both from internal as well as external sources but they give
more preference to the internal recruitment by keeping in view their previous good
record and to encourage and motivate their employees. This is also less expensive as
compared to getting employees from outside by offering higher salaries.
According to the recruitment policy of Faysal Bank Limited, following internal and
external recruitment sources are used:
• Newspapers:
Faysal Bank advertises the vacancies in the newspapers, magazines etc.
• Website:
Faysal Bank has also adopted online recruitment process like Bank Alfalah. They
advertise the vacancy on rozee.pk and other online job offering websites.
• Upgrading of present employees according to their performance.