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.