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Recruitent Policies
Searching For Jobs– The candidatescanview the vacantpostsand theirrequirementsonthe career
page of the website,andaccordinglyapplyforthe posttheyare lookingfor.
ReceivingOfApplications – The candidatescan submit theirapplicationsonline asperthe
instructionsonthe website.Applicationsfromthe othersourceslike PEOare alsoreceivedand
reviewed.
ReviewingOfApplications – Fromthe applications,the companywill review skills&qualifications.If
a strong match isfoundbetweenthe qualificationsandthe requirements,someone from
BASKETOPTIONSwillcontactthe candidate.Inthe eventthatthe applicantisnotcontacted within
between2-4weekperioditislikelythatthe companyispursuingothercandidates.
Maintenance & UpdatingThe Database – Identifyingandhiringthe besttalentisakeyobjective for
BASKETOPTION.Resumeswillbe maintainedinresumedatabase,shouldthe skillsandqualifications
presentastrong match to future position.
Starting Of Selection Process
Maintenance & Updating The Database
Contacting The Chosen Candidate
Reviewing Of Applications
Receiving Of Applications
Searching For Jobs
Sources OfRecruitment –
Internal sources:(Employees)
 Bidding:The employees presentcurrently inthe firmhave anopportunity toapply fora
postsopenwithinthe company if he/she are eligible orfull fill the criteriaforthatparticular
post.
 Employee Referrals:Thisreferral systemprovides anopportunity tothe employeetohave a
referemployees tothe company. Thisprocedure helpsbecause the currentemployees know
the way of workingof the BASKETOPTIONS andrefersuitable employees
 Former Employees:If a formeremployeewantstogetback to the company, they are
welcomed asourformeremployees are anassetto the company. Thisalsoproves that an
employeewantstowillinglyjointhe company backwithhisowninterestandhence this
worksinthe favourof the company.
 PreviousApplicants:A listof applicants whohave applied toourcompany is maintained and
as and when there isa jobvacancy these employees are approached byourcompany.
 RetiredEmployees:The experience of the retiredemployees of the company canbe
effectively utilizedandcanbe reemployed foraspecifictask.
 Bumping - Givinglong-standingemployees whose positionsare tobe eliminated and
providingthemthe option of takingotherpositions withinthe company thatthey are
qualified forwhichare currently heldbyemployees withlessseniority andexperience
External sources:(Employees &Interns)
 Trade or Professional Associations:
Many associationsprovide placementservicesbyofferingpublicationswithjobvacancies.
Thisservice isusedbyBASKETOPTIONStorecruitemployees.
 Employment Exchanges:
Employmentexchangesactasa linkbetweenthe employersandthe prospective employees.
These officesare particularlyusefulinrecruitingblue-collar,white-collarandtechnical
workersandhence our companyusesthissource of external employmentforvariouslevels
of employees.
 Campus Recruitment:
Colleges,universitiesandinstitutesare importantsource forrecruitmentasitattracts new
and freshtalent.Also,future leaderscanbe foundandrecruitedbefore theirprice tagsky
rockets.BASKETOPTION recruitsaparticularnumberof candidatesfromprestigious
instituteseveryyear.
 E-Recruiting:
Our companyusese-recruitingforscreeningcandidateselectronically,foronline skill
assessment,conductingbackgroundchecksoverthe Internet,interviewingcandidatesvia
videoconferencing,andmanagingthe entire processwithweb-basedsoftware.Thishelps
not onlyinrecruitmentbutalsoina part selectionprocess also.
 Walk-ins:
Apart fromthe above methods of recruitmentsources, ourcompany alsousesthe
traditional approachwhichalsoisthe leastexpensivemethod. The applicantsare allowedto
give walk-ininterviews only forcertainposts. These interviews are conducted atspecific
time periods, oras andwhenthe needarises.
 Job Fairs :
In eventslike jobfairslotof peoplewithinthe industry are present. Thisgivesascope for
fastrecruitmentwithawide option of the prospects.

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Recruitent Policies

  • 1. Recruitent Policies Searching For Jobs– The candidatescanview the vacantpostsand theirrequirementsonthe career page of the website,andaccordinglyapplyforthe posttheyare lookingfor. ReceivingOfApplications – The candidatescan submit theirapplicationsonline asperthe instructionsonthe website.Applicationsfromthe othersourceslike PEOare alsoreceivedand reviewed. ReviewingOfApplications – Fromthe applications,the companywill review skills&qualifications.If a strong match isfoundbetweenthe qualificationsandthe requirements,someone from BASKETOPTIONSwillcontactthe candidate.Inthe eventthatthe applicantisnotcontacted within between2-4weekperioditislikelythatthe companyispursuingothercandidates. Maintenance & UpdatingThe Database – Identifyingandhiringthe besttalentisakeyobjective for BASKETOPTION.Resumeswillbe maintainedinresumedatabase,shouldthe skillsandqualifications presentastrong match to future position. Starting Of Selection Process Maintenance & Updating The Database Contacting The Chosen Candidate Reviewing Of Applications Receiving Of Applications Searching For Jobs
  • 2. Sources OfRecruitment – Internal sources:(Employees)  Bidding:The employees presentcurrently inthe firmhave anopportunity toapply fora postsopenwithinthe company if he/she are eligible orfull fill the criteriaforthatparticular post.  Employee Referrals:Thisreferral systemprovides anopportunity tothe employeetohave a referemployees tothe company. Thisprocedure helpsbecause the currentemployees know the way of workingof the BASKETOPTIONS andrefersuitable employees  Former Employees:If a formeremployeewantstogetback to the company, they are welcomed asourformeremployees are anassetto the company. Thisalsoproves that an employeewantstowillinglyjointhe company backwithhisowninterestandhence this worksinthe favourof the company.  PreviousApplicants:A listof applicants whohave applied toourcompany is maintained and as and when there isa jobvacancy these employees are approached byourcompany.  RetiredEmployees:The experience of the retiredemployees of the company canbe effectively utilizedandcanbe reemployed foraspecifictask.  Bumping - Givinglong-standingemployees whose positionsare tobe eliminated and providingthemthe option of takingotherpositions withinthe company thatthey are qualified forwhichare currently heldbyemployees withlessseniority andexperience External sources:(Employees &Interns)  Trade or Professional Associations: Many associationsprovide placementservicesbyofferingpublicationswithjobvacancies. Thisservice isusedbyBASKETOPTIONStorecruitemployees.  Employment Exchanges: Employmentexchangesactasa linkbetweenthe employersandthe prospective employees. These officesare particularlyusefulinrecruitingblue-collar,white-collarandtechnical workersandhence our companyusesthissource of external employmentforvariouslevels of employees.  Campus Recruitment: Colleges,universitiesandinstitutesare importantsource forrecruitmentasitattracts new and freshtalent.Also,future leaderscanbe foundandrecruitedbefore theirprice tagsky rockets.BASKETOPTION recruitsaparticularnumberof candidatesfromprestigious instituteseveryyear.
  • 3.  E-Recruiting: Our companyusese-recruitingforscreeningcandidateselectronically,foronline skill assessment,conductingbackgroundchecksoverthe Internet,interviewingcandidatesvia videoconferencing,andmanagingthe entire processwithweb-basedsoftware.Thishelps not onlyinrecruitmentbutalsoina part selectionprocess also.  Walk-ins: Apart fromthe above methods of recruitmentsources, ourcompany alsousesthe traditional approachwhichalsoisthe leastexpensivemethod. The applicantsare allowedto give walk-ininterviews only forcertainposts. These interviews are conducted atspecific time periods, oras andwhenthe needarises.  Job Fairs : In eventslike jobfairslotof peoplewithinthe industry are present. Thisgivesascope for fastrecruitmentwithawide option of the prospects.