origin of the report-1
TRANSCRIPT
-
8/11/2019 Origin of the Report-1
1/66
1.1 Origin of the report:
In today's world only academic education does not make a student perfect to become
competitive with the corporate & global business world. By doing in internship program, a
student can get the opportunity to learn facing about real business world. Internship is highly
needed to gain idea knowledge and experience. I am a BBA graduate from the Bangladesh
niversity of Business & !echnology "BB!#, one of the reputed universities in Bangladesh.
It has designed its curriculum of the BBA program such a way that the standard graduates will
be produced.
After completing my BBA degree I need to go for further professional experience through
internship in a business organi$ation. Southeast Bank Limited, is a place where I have
learnt the business dealings.
As a BBA Internee I have tried to maintain the pace with the competitive business
environment on official activities culture philosophy norms & styles. It would reflect the
best at any field of my personal life. !he accounts manager is my overall guide philosophy
& superior. %eceiving his all of cordial support I have been availed the opportunity to
work with office for three months' where I acuired idea of real business and corporate
world.
1.2. Significant of the Report:
As a mandatory part of the BBA program, all the students of aculty of Business, Bangladesh
niversity Business & !echnology "BB!# have to undergo () weeks internship program
with an ob*ective to gain practical knowledge about business vorld. After this program, the
students have to submit an internship report, which reflects their activities during the
program. I *oined +outheast Bank imited "+-B# to undergo this internship program for the
period of () weeks starting from uly /), )/(0 to +eptember /), )/(0. internship report
topic is recruitment & selection. !his is also approved by my internal supervisor 1r.
Arafater %ahman Bhuiyan, Assistant 2rofessor, 3epartment of 1anagement. Bangladesh
niversity of Business !echnology.
-
8/11/2019 Origin of the Report-1
2/66
13. Scope of the report:!he report entirely discusses the current service offered by Southeast Bank limited andhow they perform different 4% practice at +outheast Bank imited. !he reports discuss the
current recruitment policies of the Southeast Bank Limited, at its top, mid and entry
management level employees. All policies of human resource other than recruitment areexcluding in this report.
1.4.O!ecti"es of the report:
5b*ective of internship program incorporate many things. !he ob*ectives of the study aregiven below6
(. !o know the sources of recruitment followed by S#BL.). !o identify the recruitment and selection process of S#BL.0. !o find out the problems regarding recruitment and selection practices of S#BL.7. !o recommend some possible measures to overcome problems.
1.$.%ethodolog& of report:
1ethodology refers to the systematic method consisting of enunciating the problem,
formulating a hypothesis, and collection the facts or data, analy$ing the facts and reaching
certain conclusion either in the form of solution towards the concerned problem or in
certain generali$ations for some theoretical formulation. It includes the process of
gathering, recording, analy$ing critical and relevant facts about any problem in any branch
of human activity. It refers to critical searches into study and investigation of problem
8proposed course of action8hypothesis or a theory.
-
8/11/2019 Origin of the Report-1
3/66
1.$.1 Research design:!his research is a descriptive type of research. !he report has been developed basically both onprimary and secondary data .In this report I have described the recruitment and selection
process of +outheast Bank imited.
1.$.2. '&pes of data:
In this report I have used both primary and secondary data. 2rimary data is the data whichobserved or collected directly from first hand experiences. +econdary data is the data which
have already been collected and analy$ed by some else and results are undertaken for the next
process.
1.$.3. Sources of data(!he relevant information is collected from the primary sources and also used the secondarysources of data. !hese are given below6
1.$.3.1. )rimar& data sources:>!hrough uestionnaire
> ace to face conversation
1.$.3.2. Secondar& data source(!he data I have collected from the secondary sources are follows6
> 5fficial records of +-B
> 9ebsite of +-B "www.southeastbank.com.bd#
http://www.southeastbank.com.bd/http://www.southeastbank.com.bd/ -
8/11/2019 Origin of the Report-1
4/66
1.$.4. *ata collection procedure( $.4.1. )rimar& data collection(1. 'hrough +uestionnaire: 5ne set of uestionnaire were used in the study .both
close ended and open ended uestions were used in the uestionnaire.
2. ace-to-face con"ersation: !o collect authentic primary data I have conducted
face:to:face conversation with concerned person.
3. *irect oser"ation: I have also acuired some primary data from the direct
observation of my whole internee period.
1.$.4.2. Secondar& data collection: Official data of S#BL: +econdary data were collected from official records that
mean relevant files and documents.
/esites:;ecessary secondary data were collected from the website of +-B.
-
8/11/2019 Origin of the Report-1
5/66
1.$.$. *ata anal&sis and reporting:After collection of entire data, different approaches are widely used to analy$e and
organi$e the data. In this process, technological assistance was more significant and
indispensable. %esults have been presented in the form of tables and graphs. I have used
several tools for processing, analy$ing and preparing the information. After collection
of raw data various types of computer software such as 1+ word, and 1+ -xcel and
1+ power point have been used for editing and processing the data. !he whole chapter
of analysis and imprecation is based on the responses of (0 respondents who wereadministered with a uestionnaire which contain the personal data their views about the
recruitment and selection process of +-B.
1.$.0 Sampling plan:
)opulation: A group of individuals or items that share one or more characteristics
from which data can be gathered and analy$ed is called population.
Sample unit: !he sample unit of the survey was Accounts 1anager, 4% 1anager,
-xport & Import in charge,
-
8/11/2019 Origin of the Report-1
6/66
= It -was very difficult to collect information from various personal for their *obs constraint.
= +ince the 4% manager had to respond to my uestionnaire while they were busy they were
busy with their daily work.
= +ome of the officers were less interested to respond to my uestionnaire.= ack of availability of information and data, as in many cases updated data were not
available.= !o maintain company secrecy some information are not mentioned in this report.
= At present all employees of +outheast Bank Limited .are very busy and it is hard to get
appointment with them.
-
8/11/2019 Origin of the Report-1
7/66
2.. ompan& O"er"ie(+outheast Bank imited was established in (>>? with a dream and a vision to become a pioneer
banking institution of the country and contribute significantly to the growth of the national
economy. !he Bank was established by leading business personalities and eminent
industrialists of the country with stakes in various segments of the national economy. !heincumbent
-
8/11/2019 Origin of the Report-1
8/66
2.1. Short )rofile of Southeast Bank Limited:+outheast Bank td. is a highly promising bank. It has (/? branches in Bangladesh. Beside it+outheast Bank td. has ) financial services in @ & Australia ;amed by +outheast inancial
+ervices "@# td. & +outheast inancial +ervices "Australia# 2ty. td.
>?
Address
???7EE & >??//G( ax6 >??//GE, >??//>0 &>?E0(/)
-:mail 9eb address infoHsoutheastbank.com.bd
www.southeastbank.com.bd8owa
1anagement6 A# 1r. Alamgir @abir "
-
8/11/2019 Origin of the Report-1
9/66
2roduct arious types of loans, savings account, etter of
-
8/11/2019 Origin of the Report-1
10/66
2.4. )roduct *escription(on"entional Banking
6slamic Banking
Loans 7 8d"ances
-
8/11/2019 Origin of the Report-1
11/66
-
8/11/2019 Origin of the Report-1
12/66
ii redit *epartment: !his department works for giving loans.
?* #9port *epartment: !his department works for maintaining all works related to export.
1ainly this department works for opening etter of
-
8/11/2019 Origin of the Report-1
13/66
2.0.rganogrma:1anaging 3irector
I3eputy 1anaging 3irector +enior -xecutive ice 2resident
-xecutive ice 2resident
I +enior ice 2resident
ice 2residentirst icJ 2resident
Assistant ice 2residentirst Assistant ice 2resident
I2rincipal 5fficer -xecutive 5fficer
+enior 5fficer 2robationary 5fficerunior officer
Assistant 5fficer "cash8
-
8/11/2019 Origin of the Report-1
14/66
3.1 ;uman Resource %anagement:4uman %esource 1anagement is the part of the organi$ation that is concerned with the 'people'
dimension. 4uman %esource 1anagement deals with people working in the organi$ation. It is a
process of acuisition, development, motivation, and maintenance of human resource of an
organi$ation.
3.1.1 *efinition of ;uman Resource %anagement(
4uman %esource 1anagement is a management function that assists managers to recruit,select, train and develop members of an organi$ation for achieving the goal effectively.
1any authors and specialists define 4%1 in many ways6
*ale
-
8/11/2019 Origin of the Report-1
15/66
3.1.2 haracteristics of ;uman Resource %anagement(!here are several features of 4uman %esource 1anagement. !hese characteristics pinpoint
the nature of human resource management starting from acuisition to utili$ation of human
sources which are briefly discussed below6L 3evelopment of well : conceived policy 6the first feature of 4uman %esource
1anagement is to develop a well:accepted policy for the organi$ation. !he purpose is to
practice 4uman %esource 1anagement activities in a better way.
L 3evelopment of harmonious or cordial relations6 development of harmonious relation isaimed to achieve goal, for the fulfillment of the functions. A4 barriers to cordial relations
should be removed.L -stablishing a chain of command6 4uman %esource 1anagement must establish a chain
of command without which discipline cannot be maintained. !hese unity of command,
unity of direction and scalar chain.
L Awareness of own nature of services6 this is the fourth characteristics of 4uman%esource 1anagement. By creating awareness promotion policy can be establishedK
training policy can be implement and other policy can be implemented and other policy can
be made well understood.L 1ust be good communicating and effective leader6 4uman %esource 1anagement must
communicate and give proper guidance to the employees. !hus company policies anddecisions can dMbe properly interpreted and practiced.
inally, with these features and characteristics above can pinpoint about the nature of
4uman %esource 1anagement.
-
8/11/2019 Origin of the Report-1
16/66
3.1.3 6mportance of ;uman Resource %anagement(!here are some points of importance of 4uman %esource 1anagement in the industrialorgani$ation. Importance of 4uman %esource 1anagement can be explained with these
points. If all these things are properly managed, we can say that there is an importance of
4uman %esource 1anagement. 4owever, these points are briefly discussed below6L 2olicy formulation6 Importance of 4uman %esource 1anagement can be understood if
it can formulate human resource policies properly. It is the wisdom of 4uman %esource
1anagers.L 2olicy execution6 efficient 4uman %esource 1anagement executes all human resource
policies in accordance with goals and ob*ectives for the achievement of which these were
formulated.L %eview of employee needs6 4uman %esource 1anagement reviews employees needs
hopes and aspirations time to time an regularly.
L tili$ation of human resources6 it is a very tough function .-fficient human resource
management can successfully utili$e efforts and sincerities of employees. And thus,organi$ation ob*ectives can be achieved and all functions can be properly performed.
L +ocial welfare development6 -mployees are social beings. !here have various needs
and demands and deserve to be mitigated. +ocial welfare can enhance the involvement of
employees which had to the satisfaction of top management.L -ffective trade unionism6 trade unionism industrial disputes, conflict and all other
ha$ards can be handled appropriately and peacefully by 4uman %esource 1anagement.
L 5verall development of organi$ation6 ultimate, the overall development of an
organi$ation can be contributed by effective 4uman %esource 1anagement because
employees are properly utili$ed and managed by 4uman %esource 1anagement.
-
8/11/2019 Origin of the Report-1
17/66
3.1.4 O!ecti"e of ;uman Resource %anagement(ollowing of ob*ectives are important which can be discussed in short. 9ith the fulfillment
of these ob*ectives 4uman %esource 1anagement can become successful6
L !o help the organi$ation reach its goalsL !o develop efficiency and skills of employees
L !o ensure effective utili$ation and maximum development of human resources
L !o achieve and maintain high moral among employees
L !o ensure respect for human beings. !o identify and satisfy the needs of individualsL !o ensure reconciliation with well:trained and well:motivated employees
L !o increase to the fullest the employees *ob satisfaction and self actuali$ationL !o attract good people
L !o enhance employees capabilities to perform the present *ob
L !o develop overall personality of each employee in its multidimensional aspect.
L
-
8/11/2019 Origin of the Report-1
18/66
0.(.? ;ature of 4uman %esource 1anagement6
4uman %esource 1anagement is a process of bringing people and organi$ations together
so that the goals of each are met .the various features of 4%1 include6
L It is pervasive in nature as it is present in all enterprisesL Its focus is on results rather than on rules
L Its tries to help employees to give their best to the organi$ation
L It is all about people at work, both as individuals and groups
L Its tries to put people on assigned *obs in order to produce good resultsL Its helps an organi$ation meet its goals in the future by providing for competent and
well motivated employeesL Its tries to build and maintain cordial relations between people working at various levels
in die organi$ation
L It is a multidisciplinary activity, utili$ing, knowledge, and inputs drawn from
psychology. -conomies, etc.
-
8/11/2019 Origin of the Report-1
19/66
3.1.0 )rinciples of ;uman Resource %anagement:A principle is a basic statement of truth explaining cause and effect relationship between two ormore variables every sub*ect is guided by its principles.
L
-
8/11/2019 Origin of the Report-1
20/66
3.1.> Scope of human Resource %anagement:
!he scope of 4%1 is, indeed, very vast and wide. It includes all activities starting from
manpower planning till employee leaves the organi$ation. According, the scope of 4%1
consists of acuisition, development, maintenance, and control of human resources in theorgani$ation.
ig : Scope of ;uman Resource %anagement
-
8/11/2019 Origin of the Report-1
21/66
-
8/11/2019 Origin of the Report-1
22/66
)rocurement( It involves procuring the right of people in appropriate number to be placed in
the organi$ation. It consists of activities such as manpower planning, recruitment, selection,
and placement and induction orientation of new employees.
ompensation( compensation function 3evelopment6 activities meant to improve theknowledge, skills, aptitudes and values of employees so as to enable them to perform their *obs
in a better manner in future. unctions may comprise training to employees, executive trainingto develop managers, organi$ation development to strike a better fit between organi$ational
climate8culture and employee.involves determination of determination of ways and salaries matching with contribution made
by employees to organi$ational goals. It consists of activities such as *ob evaluation, wage and
salary administration bonus, incentives.
%aintenance( it is concerned with protecting and promoting employees while at work. or thispurpose, various benefits such as housing, medical, educational, transport facilities, etc to the
employees. +everal social security measures such as provided fund, pension, gratuity,insurance, etc. are also arranged.
3.3 Recruitment:+uccessful human resource planning should indentify human resource needs. 5nce these needs are
indentified, the 4% department is able to do something to need them. Acuisition function of 4%1or 4%2 helps determine the number and type of people an organi$ation needs *ob analysis and *ob
design specify the tasks and duties of *obs and the ualification expected from prospective *obholders. !he next logical step is to hire the right number of people of the right type to fill the *obs.
4uman %esource 2lanning
3etermine %ecruitment and +election ;eeds
)
-
8/11/2019 Origin of the Report-1
23/66
%ecruitment is defined as, N a process to discover the sources of manpower to meet the
reuirements of staffing schedule and to employ effective measures for attaching that manpower in
adeuate numbers to facilitate effective selection of and efficient work forceN
+imple term recruitment is process of seeking and attracting a pool of candidates from which
ualified candidates for *ob vacancies can be chosen
A formal definition6 %ecruitment is the process of finding and attracting capable applicant foremployment. !he process begins when new recruits are sort and ends when their applications are
submitted. !he result is a pool of applicants from which new employee are selected.
3.3.1 )urposes and 6mportance of Recruitment:!he general purpose of recruitment is providing a pool of potentially ualified *ob candidates.+pecially, the purposes are to6
= 3etermine the present and future reuirement of the organi$ation in con*unction withpersonnel:planning and *ob:analysis activities
= Increase the pool of hob candidates at minimum cost.= 4elp for increasing the success rate of the selection process by reducing the number of
visibly, under ualified or overualified *ob applicants.
= 4elp for reducing the probability that *ob applicants, once recruited and selected, will leave
the organi$ation only after a short period of time.= 1eet the organi$ation legal and social obligation regarding the composition of its
workforce.= Begin identifying and preparing potential *ob applicants who will be appropriate candidates.
= Increase organi$ational and individual effectiveness in the short long team.= -valuate the effectiveness of various recruiting techniues and sources for all types of *ob
applicants.
)0
-
8/11/2019 Origin of the Report-1
24/66
!he recruitment process should inform ualified individuals about employment opportunities create
a positive image of accompany, provide enough information about the *obs so that the *ob
applicants can make comparisons with their ualification and their interests, and generate
enthusiasm among the best candidates so they will apply for the vacant positions.
3.3.2 actors 6nfluencing Recruitment(External Factors:
+upply and demand nemployment rate abor market 2olitical:social:legal
-
8/11/2019 Origin of the Report-1
25/66
3.3.3 #9ternal actors(!he external forces are the forces which cannot be controlled by the organi$ation. !he ma*orexternal forces are6
+upply and demand6 !he availability of manpower both within and outside the organi$ation isan
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, they the company will have to depend upon internal sources by providing themspecial training development programs.
abor 1arket6 -mployment conditions in the community where the organi$ation is located willinfluence the recruiting efforts of the organi$ation. 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
reuisition or announcement in the meeting etc will attract more than enough applicants.
Image8Coodwill6 Image of the employer can work as potential constraint for recruitment. Anorgani$ation with positive image and goodwill as an employer finds it easier to attract and
retainemployees than an organi$ation with negative image. Image of a company is based on what
organi$ationdoes and affected by industry.
2olitical:+ocial:legal -nvironment6 arious government regulations prohibiting discriminationin hiring and employment have direct impact on recruitment practices.
nemployment %ate6 5ne of the factors that influence the avialebity of applicants is the growthof the economy "whether economy is growing or not and its rate#. 9hen the company is not
creating new *obs, there is often oversupply of ualified labor which in turn leads tounemployment.
-
8/11/2019 Origin of the Report-1
26/66
3.3.4 6nternal actors(!he internal factors are the factors which can be controlled by the organi$ation. !he
internal factors are6
Recruitment )olic&( !he recruitment policy of an organi$ation specifies the ob*ectives ofrecruitment and provides a framework for implementation of recruitment programs and
procedures by filling up vacancies with best ualified people.
;uman Resource planning: -ffective human resource planning helps in determining the
number of employees to be recruited and what ualification they must possess.Sie of irm: !he si$e of the firm is an important factor in recruitment process. If the
organi$ation is planning to increase its operations and expand its business, it will think ofhiring more personnel, which will handle its operations.
ost: %ecruitment incur cost to the employer, therefore, organi$ations try to employ that
source of recruitment which will bear a lower cost of recruitment to the organi$ation for
each candidate.
=roth and #9pansion( 5rgani$ation will employ of think of employing more personnel
if it is expanding its operations.
3.4. omponents of the Recruitment )olic&:!he general recruitment policies and terms of the organi$ation
L %ecruitment services of consultantsL %ecruitment of temporary employees
L niue recruitment situations
L !he selection process
L !he *ob descriptionsL !he terms and conditions of the employment
A recruitment police of an organi$ation should be such that6
)E
-
8/11/2019 Origin of the Report-1
27/66
It should focus on recruiting the best potential people.
!o ensure that every applicant and employee is treated eually with dignity and respect.
nbiased policy.
!o aid and encourage employee is reali$ing their full potential
!ransparent, task oriented and merit based selection. 9eight age during selection given to factors
that suit organi$ation needs. 5ptimi$ation of manpower at the time of selection process. 3efiningthe computer authority to approve each selection.(Abides by relevant public policy and legislation on hiring employment relationship. Integrates
employee needs with the organi$ational needs.
3.$ actors 8ffecting Recruitment )olic&(L 5rgani$ational ob*ectives
L 2ersonnel policies of the organi$ation and its competitors
L !op management influenceL Covernment policies of the organi$ation and its competitors
L ;eed of the organi$ationL Budget
27
-
8/11/2019 Origin of the Report-1
28/66
3.0 O!ecti"e of Recruitment )olic&:5b*ectives are targets and goals. According to oder, following are the main ob*ectives of
recruitment policy6
(. !o find and employ the best ualified person for each *ob.). !o retain the best and most promising ones.
0. !o offer promising careers and securities.
7. !o provide facilities for growth and development.
?. !o minimi$e the cost of recruitment
E. !o reduce the scope of favoritism and malpractices
-
8/11/2019 Origin of the Report-1
29/66
3.>.1.@o 8nal&sis: ob analysis is the foundation for all assessment and selection decisions. !o
identify the best person for the *ob, it is crucial to fully understand the nature of that *ob. ob
analysis provides a way to develop this understanding by examining the tasks performed in a *ob,
the competencies reuired to perform those tasks, and the connection between the tasks and
competencies.
0.F.) .;R )lanning: Integrating human resource management strategies and systems toachieve the overall mission, strategies, and success of the firm while meeting the needs of
employees and other stakeholders.
0.F.0. 8d"ertisement: 5nce the recruitment is approved, an advertisement needs to draft based
on the skills, ualification, experience and competencies as have been identified and specifiedin the respective *ob description. A common template should be used designed by corporate 4%
3epartment. 1anager & !alent 1anagement would draft out the advertisement and arrange for
publishing the same.
0.F.7. 5 Sumission:2otential candidates interested in *oining the buying house are reuired to send their complete
curriculum vitae. An acknowledgement of receipt is sent for all submitted applications to the
candidate's e:mail.
0.F.?. 8pplication #"aluation:
2otential candidates will be invited to participated in aptitude tests i.e. numerical, verbal,-nglish and psychometric, when deemed necessary.
30
-
8/11/2019 Origin of the Report-1
30/66
0.F.7. apailit& ased 6nter"ies:!o ensure that our recruitment process is fair and consistent, all candidates who are
successful at the exams are invited for a capability based interview. Interviews are based
against capabilities, reuired for each position for each position for which the candidate isinterviewed for a capability or competency is an ability described in terms of skills &
behaviors that are essential to effectively perform within a *ob.
3.>.0. Short Listing: +hort listing involves ob*ectively assessing each application against
the essential and desirable criteria set out in the person specification.
-
8/11/2019 Origin of the Report-1
31/66
a. )romotions 7 'ransfer: 2romotions and transfer from among the present employees can
be a good source of recruitment which facilitate the organi$ation in different ways as building
morale, encouraging competent individuals who are ambitious, carrying comparatively lower
cost and finally promoting from within act as a training device for developing middle level andtop level managers.
. #mplo&ee Referrals: !his can be a good source of internal recruitment. -mployees candevelop good prospects for their families & friends by acuainting them with the advantages of
a *ob with the company, furnishing cards of introduction and even encouraging them to apply.
c. ormer #mplo&ees( +ome retired employees may be willing to come back to work on a
part:time basis or may recommend someone who would be interested in working for the
company.
d. )re"ious 8pplication: Although not truly an internal source, those who have previouslyapplied for *obs contacted by mail, a uick and inexpensive way to fill an unexpected opening.
2. #9ternal Sources: 5rgani$ations usually go to external sources for lower :entity level *obsKfor positions whose specifications cannot be met by present personnelK for diversifying into
new avenues in. for merging with another organi$ation. Among the external sources, following
are included6
a. 8d"ertising: !oday all forms of media advertising are used in recruiting employees. 1osttypical are newspapers, trade, and professional *ournals, radio and television. !his can have the
advantage of reaching very large numbers of potential candidates as well as more speciali$ednumbers of candidatesK costs of screening may be heavy.
32
-
8/11/2019 Origin of the Report-1
32/66
-
8/11/2019 Origin of the Report-1
33/66
g. Recruiting "ia the 6nternet:;ow a day most employers are conducting employment
interviews on:line. 5ne survey found that on a typical day, more than 7 million people turn to
the 9eb looking for *obs. -mployers are therefore making it easy to use their 9eb:sites to hunt
for *obs.3.Selection:
!o select is to choose. +election is a screening process. It is the process of picking individualswho have the relevant ualifications to fill *obs in an organi$ation. !he basic purpose is to
choose the individuals who can most successfully perform the *ob from the pool of ualifiedcandidates. +election starts after recruitment process is over and *ob applications have been
received.
It is the process of finding out candidates for employment from large pool of candidates who
posses process ualification to perform the *ob successfully. It is the process of determiningfrom the supplicants for employment which one best fit the manpower reuirement and should
be offered positions s the organi$ation.
3.1 #n"ironmental actors 8ffecting Selection: +election is influenced by several factors.
1ore prominent among them are supply and demand and of specific in the labor market,
unemployment rate, labor:market conditions, legal and political considerations, company's
image, company's policy, 4%2, and cost of hiring. !he last three constitute the internalenvironment and the remaining form the external environment of the selection process..
3.11. 'he Selection )rocess(!he ob*ective of selection process is to choose the individual who can successfully perform the *ob
from the fool ualified candidates. ob analysis, human resource planning and recruitment are
necessary 2rereuisites to the selection process.
34
-
8/11/2019 Origin of the Report-1
34/66
!he steps that wetypically comprise the selection process. %eception of application, screening,
application blank, interview, emnlnvment test, references nhvsical8merlir.al examination, final selection,
placement.
2reliminary Interview6 !he preliminary interview is such an interview that is generally planned
by large organi$ations for short listing the potential candidates in order to cut the costs ofselection by allowing only eligible candidates to go through the farther sages in selection. It
may be written or oral or both. A competent executive from the 4% department may elicitresponses from applicants on important items determining the suitability of an applicant for a
*ob such as appearance, age, education, training, experience, pay expectations, aptitude,
interests, choice etc. this 'courtesy interview' as it is often called, helps the department screen
out obvious misfits. If the department finds the candidate suitable, a prescribed applicationform is given to him8her to fill and submit.
35
-
8/11/2019 Origin of the Report-1
35/66
illing an 8pplication Blank: Application blank or form is one of the most common method
used to collect information on various aspects of the applicant's personal, academic,
professional, social, demographic and work related background and references. It is brief
history sheet of an applicant's background, usually containing the things that indicate his8hersuitability for the position concerned. Application blank is considered a highly useful selection
tool, in that it serves three important purposes6a. It introduces the candidate to the company.
b. It helps the company to screen and re*ect candidates if they fail to meet the eligibilitycriteria atthis stage.
c. It can serve as a basis to initiate a dialogue in the interview.
#mplo&ment 'ests: 5rgani$ation selects employees to get certain works done by them. +o, it
is necessary to test whether particular candidates have the capabilities to perform them. or thispurpose, employers follow certain selection procedures. 1ost of the companies use
employment tests in order to be that these tests are reliable and valid.
8ptitude tests( Aptitude tests measures a person's capacity or potential ability to learn and
perform a *ob.0.:me of the more freuently used test measure verbal ability, numerical ability,
perceptual speed, spatial ability and reasoning ability.
)s&chological tests: It attempts to measure personality characteristics. 2ersonality tests aredesigned to sure such personality characteristics as emotional stability, tolerance, capacity to
get along, habits, hobbies, maturity and psychoneurotic and psychotic tendencies.)s&chomotor tests( 2sychomotor tests are used to measure a person's strength, dexterity and
condition. inger dexterity, manual dexterity, wrist:finger speed and speed of arm movementare some of the psychomotor abilities that can be tested. Abilities such as these might be tested
for hiring people to fill assemble line *obs.
@o knoledge and proficienc& tests( ob knowledge tests are used to measure the *ob related
knowledge possessed by a *ob applicant. !hese tests can be either written or oral. 2roficiencytests measure how well the applicant can do a sample of the work that is to be performed.
36
-
8/11/2019 Origin of the Report-1
36/66
6nterest tests: Interest tests are designed to determine how a person's interests compare with
the interests of successful people in a specific *ob. It indicates the occupations or area of work
in which the person is most interested.
)ol&graph tests: !he polygraph popularly known as the lie detector is a device that recordsphysical changes in the body as the test sub*ect answers a series of uestions. !he polygraph
records fluctuations in blood pressure, respiration and perspiration on a moving roll of graphpaper.
=rapholog& tests: Craphology tests involve using a trained evaluator to examine a person'shandwriting to assess his8her personality and emotional make:up. !he 4% manager may, for
example, ask applicants to write about why they want a *ob. !his sample may be finally sent to
a graphologist for analysis and the results may be put to use while selecting as person. !he use
of graphology, however, is dependent on the raining and expertise of the person doing theanalysis.
Reference and Background 8nal&sis: 1any employers reuest names, addresses andtelephone numbers or references for the purpose of verifying information and perhaps gaining
additional background information on an applicant. Although listed on the application form,
references are not !ally checked until an applicant has successfully reached the fifth stage of a
seuential selection process. It may be stated that the information gathered through referenceshardly influences selection incisions. !he reasons are obvious6
a. !he candidate approaches only those persons who would speak well about him or her.b. 2eople may write favorably about the candidate in order to get rid of him or her
c. 2eople may not like to divulge the truth about a candidate, lest in might damage or ruinhis or her career.
Selection *ecision: 9hen a candidate has successfully completed his various steps including
reference, has been considered as having been provisionally selected for the post for which the
selection process been initiated.
37
-
8/11/2019 Origin of the Report-1
37/66
%edical?)h&sical #9amination( +ome *obs reuire physical ualities like clear vision, perfect
hearing, unusual stamina, tolerance of hard working conditions, clear tone etc. medical and physical
examinations gal whether or not a candidate possesses these ualities. +uch examinations can give
the following6
a. 9hether the applicant's physical measurements are in accordance with *ob reuirements or
not.b. 9hether the applicant is medically fit for the specific *ob or not.
c. 9hether the applicant has any psychological problem likely to interfere with work efficiency or
future attendance.d. 9hether the applicant suffers from any physical disability which should be corrected before hecan work satisfactorily
All candidates having been provisionally selected are sub*ect to physical8medical -xamination by
ualified medical examiner. !he criteria for medical examination vary with the nature and type of
the *ob. As for example, high standard of health is specified for defense service. In case of'fighter
pilots' degree of physical and medical standards are fixed.
@o Offer( ob offer is made through a letter of appointment. +uch a letter generally contains a date
by which the appointee must report on duty. !he appointee must be given reasonable time for
reporting. !his is particularly necessary when he or she is already in employment, in which case the
appointee is reuired to obtain relieving certificate from the previous employer Again, a new *ob
may reuire movements to another city which means considerable preparation and movement of
property.ontracts of #mplo&ment( After the *ob offer has been made and the candidates accept the offer,
certain documents need to be executed by the employer and the candidate. 5ne such document is
the attestation
-
8/11/2019 Origin of the Report-1
38/66
-
8/11/2019 Origin of the Report-1
39/66
4.1 Recruitment process of Southeast Bank Ltd.%ecruitment is the process of finding and attraction capable applicants for employment. Southeast
Bank Limited always wants to recruit the right people with combination of skills and resources of
skills and resources in the right place. Because Southeast Bank Ltd.believes that in order to
achieve the organi$ational goal effectively there must be a need of skilled human resources.
Southeast Bank Limited always believes in eual employment color ,region ,race age ,national,
origin or any other factor .the company always wants to recruit the best and suitable human
resources in the vacant position .the person who can face the global challenges and always
concentrate to achieve the company's vision ,mission ,and goals always gets preference.4.1.1 Recruitment polic& of Southeast Bank Ltd.!o achieve the organi$ational goal effectively Southeast Bank td.'s top management has develop
a N%ecruitment policyN. In accordance with %ecruitment policy there have some guidelines. !he
guidelines of the policy are as follows6
L -nsure the right people in the right place
L
-
8/11/2019 Origin of the Report-1
40/66
4.1.2 Recruitment sources of Southeast Bank Ltd.Southeast Bank imited usually two type of recruitment sources. !hey are6 Internal sources and
-xternal sources.
Internal sources6
irstly employees can be recruited from the internal source. 1anagement is usually preferred to
recruit
known and experienced employees from within the organi$ation. In the following ways +outheast
Bank imited recruitment from the internal source may take place with the approval of the top level
management. !his can be happened by following ways:L 2romotion
L p Cradation
L !ransfer
L !emporary Assignment
L Addition Assignment
-xternal sourcesK!here are also some external sources of human resources recruitment uses by Southeast Bank
imited .there are as follows6
Advertisement in the daily ;ewspaper:"the newspaper that are widely circulated#
L -mployee agencies "public agencies, privet employment agencies#L 2rofessional organi$ation "account associations, labor union, 1anagement association#
-mployee %eferrals 8 %ecommendation6%ecommendation from the current employees about any person.
42
-
8/11/2019 Origin of the Report-1
41/66
4.1.3 Steps in Recruitment at Southeast Bank Limited(
!here are various steps followed by Southeast Bank Limited to skilled and ualified
employees for the achievement of ob*ective s. the steps are as follows6
Assessment of the *ob8 ob Analysis.
%euisition of manpower.
Advertisement in ;ewspaper & 9ebsites.
%eceiving Applications & +hort listing.
43
-
8/11/2019 Origin of the Report-1
42/66
C 8ssessment of the !o?@o 8nal&sis(
!he following things are the assessed for a *ob6
L 9hether the work is difficult or not.
L 9hether experience is reuired or not
L 9hat are the ualities needed for the work to be doneJ
L 9hen the work will be startedJ
Re+uisition of %anpoer(
!he concerned 3epartment 4ead raise the reuisition of manpower. !hrough theprescribed manpower reuisition from with reuired information and after that forward
it to the 4uman %esource 3epartment. !he 4uman %esource 3epartment than complete
its formality and return it to the concern department. ast of all the concern department
submit the manpower reuisition form to the 1anaging 3irector for approval. !he new
appoints must be according to the approved 4% budget and must be approved by the
1anaging 3irector.8d"ertisement in Despaper 7 /esite(
Southeast BankELimited always circulates the *ob vacancies by publishing advertisement in
national newspaper. !he newspapers that are widely circulated get preference for accomplishing
this task .for circulating the publishing widely and effectively Southeast Bank Limited chooses
both Bangla and -nglish dailies. !he advertisement includes name of the position, nature of work,age limits, educational ualification, ualities and experience reuired for the *ob, *ob
responsibilities and duties, expected salary, place of the *ob etc.
44
-
8/11/2019 Origin of the Report-1
43/66
Recei"ing applications 7 Short Listing(
In the advertisement, potential and confident applicants are asked to submit their applications along
with their resume, certificates and other necessary documents within a period of time. !hen the 4%
department receives all the resumes submit by the applicants.
4.2 Selection and inter"ie process of Southeast Bank Limited(+election is the second steps of %ecruitment and +election process. +election is the process of
choosing the best one among the number of applicant's .management typically followed a standard
pattern, beginning with an initial screening, interview, presentation and concluding with the final
employment decision.
'he selection process of Southeast Bank Limited is as follos(Employment Tests
Verification of ReferenceMedical chec!p"!per#ise inter#ie$
IFinal hirin% decision
45
-
8/11/2019 Origin of the Report-1
44/66
#mplo&ee tests:
-mployment tests are varies from *ob to *ob. +uch as: for marketing executive recruitment, the
physical appearance or smartness get preference where for 4% executive recruitment managingpower gets priority.
4.2.1 'esting tools used & Southeast Bank Limited:1any employment tests exist in Southeast Bank Limited,but each type of test has only limited
usefulness .each type of test has a different purpose.Fnoledge tests(
3etermine the information or knowledge of the applicants. Southeast Bank Limited managementis able to demonstrate that the knowledge is needed to perform the *ob.)erformance tests(
1easure the activity of applicants to do the same part of the work for which they are to be hired.
)s&chological tests(
1easure personality or temperament of the applicants' .By conducting this test Southeast Bank
Limited management wants to know about the applicant's personality.8ttitude and honest& tests(
Are being used in the same circumstances to learn about the attitudes of applicants and employees
toward a variety of *ob related sub*ects. Attitude tests are being used to assess attitudes about
honesty and presumable on the *ob behavior. or credit department this test is sometimes applied by
+outheast Bank imited.
%edical tests(3etermine the physical fitness of the applicants. It measures whether the person is fit
enough to do the *ob or not.
)oer point presentation(
1easures the applicant's communication skill and fluency in -nglish
46
-
8/11/2019 Origin of the Report-1
45/66
4.2.2 Selection inter"ie.
Southeast Bank Limited selection interview is a formal, in :depth conversation conducted
to evaluate an applicant's acceptability. !he management of Southeast Bank Limited
seeks to answers three broad uestions6
-
8/11/2019 Origin of the Report-1
46/66
4.2.4 5erification of reference and educational ackground:All sorts of certificates are to be checked by the 4% service manager in this stage. At least tworeferences are needed in order to verify applicants. After verification the reference and
certificates the next stage is begin.
4.2.$ %edical checkup:!he section process also includes a medical evaluation of the applicant before the hiringdecision is made. ;ormally, the evaluation consists of a health checklist that asks the applicant
to indicate health checklist that asks the applicant to indicate health and accident information.All sorts of expenses in this regard are borne by Southeast Bank Limited.
4.2.0 Super"isor& inter"ie(!he ultimate responsibility for a newly hired worker's success falls to die workers immediate
supervisor. !he supervisor is often able to evaluate the applicant's technical abilities. 9hen
supervisor make the final decision, the employment function provides a supervisor with the
best prescreened applicants available from those two or three applicants, the supervisor decideswhom to hire.
%egardless of whether the supervisor or the 4% department makes the final hiring decision,hiring makes the end of the selection process, assuming, that the candidate accepts the *ob
offer. !o maintain good public relations, Southeast Bank Limited management notifiesapplicants who are not selected.
48
-
8/11/2019 Origin of the Report-1
47/66
uestionnaire Sur"e& 8nal&sis:
1. /hat t&pes of sources are used for recruitment in the organiationH
6nternal
-xtern*l
IBoth
L 5ther
igure: +ources are used for recruitment
6nterpretation: !he above figure shows that 0? respondents' internal sources, )? respondents'
external sources and 7/ respondents agree that both sources are used for recruitment in +-B.
omments: S#BL use both internal and external sources to recruit employees.
-
8/11/2019 Origin of the Report-1
48/66
-
8/11/2019 Origin of the Report-1
49/66
0. 3o &ou think is there an& inter?are in internal recruitmentH
&stron%ly a%ree&'%ree
L ;either nor disagree
L disargee
L +trongly disagree
igure6 6nterfere for internal recruitment
6nterpretation: !he above figure shows that )? respondents strongly agree and 0Frespondents agree, (0 respondents neither nor disagree and )? respondents disagree that
there occurs interfere incase of internal recruitment in S#BL.omment: As E) respondents had negative view about interfere for internal recruitment wecan say that there have interfere for internal recruitment.
?(
-
8/11/2019 Origin of the Report-1
50/66
4. /ho interfere the internal recruitmentH0%I Board of directors i Recruitment agencies cief e!ecuti"e officers I #uman resource di"ision I oters
igure: 6nterfere for internal recruitment
6nterpretation: !he above figure shows that all respondents answered that the board of
directors in S#BL are interfering for internal recruitment F(, 4uman resource division )>.
omments: Board of directors and 4uman %esource division of S#BL interfere for internalrecruitment.
?)
-
8/11/2019 Origin of the Report-1
51/66
$. /hich e9ternal sources are used in the organiation for recruitmentH
$d"ertisementL 4ead:4unting
ia Internet
igure: #9ternal sources used in S#BL
6nterpretation: !he above figure shows that S#BL uses external sources:advertisement )),
headhunting (7, and via internet E7for recruitment.
omments: S#BL uses advertisement, head:hunting and recruitment via internet for regular andexecutive staff.
53
-
8/11/2019 Origin of the Report-1
52/66
0. /hat t&pes of test are used for selecting an emplo&ee in S#BLH
/ritten test
5i"a tost
6 Both
1. Oth
er
C igure( '&pes of test used to select an emplo&ee
6nterpretation: !he above figure shows that all respondents answered, S#BL uses both test of
selecting an employee. S#BL uses these tests to select employee.
omments: S#BL uses both test of selecting an employee.
?7
-
8/11/2019 Origin of the Report-1
53/66
>. *o &our organiations ha"e an& J'alent-;untingJ programH
, +trongly Agree
L Agree
igure: ;a"ing an& 'alent - ;unting )rogram
6nterpretation: !he above figure shows that all respondents answered, E/ respondents
strongly agree and 7/ respondents agree +-B have talent:hunting program.
-
8/11/2019 Origin of the Report-1
54/66
-
8/11/2019 Origin of the Report-1
55/66
-
8/11/2019 Origin of the Report-1
56/66
K igure: Recruitment and Selection procedure is fair
nterpretation: !he above figure shows that )/ respondents strongly agreed, 0? respondents
agreed, (? respondents were neutral and 0/ respondents disagreed with the statement that
ecruitment and selection procedure is fair.
omments: As ?? respondents had positive view about recruitment and selection procedure is
air so we can say that recruitment and selection procedure of S#BL is fair. !he respondents
who were disagree with the statementK they think that top level management interferes in
ecruitment & selection procedure.
?F
1. *o &ou think emplo&ees are selected according to the !o description and !o
specificationH
/
i +trongly agree
i Agree
;either agree nor
disagree
3isagree
gure( #mplo&ees are selected according to the !o description and !o specification
-
8/11/2019 Origin of the Report-1
57/66
-
8/11/2019 Origin of the Report-1
58/66
-
8/11/2019 Origin of the Report-1
59/66
12. 8re &ou satisfied ith o"erall recruitment 7 selection process of S#BLH
f +trongly Agreed i
Agreed ;eutral
igure: Recruitment " Selection procedure is satisfactor&
6nterpretation: !he above figure shows that 7/ respondents strongly agree, 0? respondents
agreed and )? respondents were neutral about the statement.
omments( As F? respondents were agree about the statement, it means recruitment and
selection process of S#BL is satisfactory.
-
8/11/2019 Origin of the Report-1
60/66
E/
indings(!he ma*or findings in the recruitment and selection process of the +outheast Bank td. are *ustified in my
view are6
D !he recruitment process of +outheast Bank imited is mostly fair and transparent.
D +outheast Bank td. uses both internal and external recruitment channels.
D ;o discrimination is found against the applicant on the basis of sex, color, region, race, age, national
origin or any other factor.
D !he
-
8/11/2019 Origin of the Report-1
61/66
0.1 onclusion:rom the above discussed 4% policies and their recommended changes, +outheast Bank td. achieves
the dream they had been hoping for. A recruitment policy in +outheast Bank td. creates unnecessary
delay in the progress. !his reuires a sharp business focus from 4%1 and the delivery of high uality
4% systems that are integrated into the organi$ation strategy & operations. !he study N%ecruitment and
+election procedure of +outheast Bank limitedN under 4% revealed that employees are the most
valuable resources for the progress of the organi$ation. or the development of these valuable
resources there are many factors involved. In this regard N%ecruitment and +election 2rocedureN play
the most important role. !o increase the productivity of an organi$ation effective & dynamicrecruitment and selection procedure is essential. +outheast bank limited practices a progressive
recruitment and selection procedures. 4% officers of +outheast bank limited are expected to work
beyond the boundaries of contracts and policies to contribute directly to the operation and success of
the business.
62
-
8/11/2019 Origin of the Report-1
62/66
#.2 $ecommendations:'trive to make the important things measurable, not the measurable things important. 1any 4%professional believe their function has become more involved in business decision, more strategically
oriented and more effective as a business partner. !he 4% function is adding more and more value to
modern organi$ation. !he changing role of 4% professional carries with it new responsibilities and
challenges.
3uring my internship program in 4%1 at Southeast Bank Limited, I found some deficiency "as
mentioned in findings# in the present recruitment and selection procedures. or better recruitment andselection I do humbly recommend the following points6
(. +-B should arrange behavior tests, achievement tests, aptitude test etc.
2. Southeast Bank Limited should arrange orientation program for all new employees. As a
result new employees happen to know the organi$ational cultural, values, mission, vision etc.
0. !hough Southeast Bank Limitedprovides inducting training before placing in *ob but Ithink they should provide some more training related with *ob.
7. +ome time it seems nepotism but they should follow (// fair and transparent recruitment.
?. +-B should sponsor more programs in the maga$ine and corporate fairs.E. +-B should increase other facilities for *ob satisfaction.
F. In the +outheast Bank imited *ob applicant's age is limited from )? yrs to 0) yrs who
have the tendency to change their *ob freuently. +-B should select senior employee.
E0
-
8/11/2019 Origin of the Report-1
63/66
uestionnaire *ear Respondents,6 am %oshfaka %asrur A student of BBA 2rogram in Bangladesh Gni"ersit& of Business and
'echnolog& MBGB'N. or the 2otential fulfillment of the BBA program, I have to prepare a report on
JRecruitment " Selection process of S#BLJ. +o that, some Information would be needed from you.
It s assured that all the information will keep confidential and safely use in this report only.
lease read carefull& the +uestion and put a tick MN in the i"e &our response here
necessar&.
respecti"e numer and kindl&ffice Gse Onl&ate of 6nter"ie: ame:
Serial Do.
-
8/11/2019 Origin of the Report-1
64/66
%uestionnaire anal&sis:
(. 9hat types of sources are used for recruitment in the organi$ationJ
a. Internal
b. -xternal
c. both
). 9hich internal sources are used in the organi$ationJa. 2romotion
b. 3emotion
c. !ransferd. others0. 3o you think is there any interfere for internal recruitmentJ
a. +trongly Agree
b. Agree
c. ;either agree nor disagree
d. 3isagree
e. +trongly disagree
7. If yes, who interfere the internal recruitmentJ
a. Board of directors
b. %ecruitment agenciesc.
-
8/11/2019 Origin of the Report-1
65/66
c. 4ead :hunting
d. ia internet
E. 9hat types of test are used for selecting an employee in +-BJ
a. 9ritten test
b. iva test
c. Both
F. 3o your organi$ation have any N!alent:4unting NprogramJ
a. +trongly agreeb. Agreec. ;either nor disagree
d. 3isagree
e. +trongly disagreeG. 3o you think %ecruitment & +election procedure is systematic in +-BJ
a. +trongly agree
b. Agree
c. ;either agree nor disagreed. +trongly disagree
>. 3o you agree %ecruitment & +election procedure is fair in +-BJ
a. +trongly agree
b. Agreec. ;either agree nor disagree
d. 3isagree
e. +trongly disagree
(/. 3o you think -mployees are selected according to the *ob description &specificationJ a. +trongly
agree
-
8/11/2019 Origin of the Report-1
66/66
b. Agreec. ;either agree nor disagree
d. 3isagree
e. +trongly disagree((. 3o you belief !ools or techniues used for selecting an employee are appropriate in +-BJ
a. +trongly agreeb. Agree
c. ;either agree nor disagree
d. 3isagree
e. +trongly disagree(). Are you satisfied with overall %ecruitment & +election procedure of +-BJ
a. +trongly agreeb. Agree
c. ;either agree nor disagreed. 3isagree
e. +trongly disagree