A study on new hiring strategies in Talent Acquisition in SMC Global Securities Ltd.

1. A STUDY ON NEW
HIRING STRATEGIES IN
Talent
Acquisition
- By Bhavya Bhatia

2. Today's Discussion
OUTLINE OF TOPICS
Industry Overview and Company Profile
Introduction
Strategies in TA
Research Methodology
Findings,Recommendations & Limitations
Conclusion
Learning Experience
References

3. Industry Overview and Company Profile
Established Since 1990
Wide Range of financial products & services
In-house research team to provide you the best of advisory
Pan India large network of Branches & Sub- Brokers
Overseas office is in Dubai
Its an Award winning financial services company
·

4. Tagline-
Money Wise, Be Wise

5. Awarded
THE BEST YEAR AFTER YEAR
2016
India’s best real estate
broker of the year
Achieving market
leadership
Best broker with in-
house research in bullion
2017
Best performing retail
broker
Best online trading
services broker of the
year
Best robo advisory for
financial services of the
2019
Business Excellence
Award
Broking House of the
year
Premier Depository
Participant
2014
Best commodity broker
and best equity broking
house-derivatives segment.

6. BROKING
Equity and
Derivatives,
Commodities,
Clearing etc.
Different Types of Services are
provided By SMC
DISTRIBUTION
Mutual Funds,Life
Insurance and Non-
life Insurance.
MF/IPO'S
MF, IPO's, Bonds,
SIP,Corporate Fixed
Deposits etc.
ADVISORY
&
FINANCING
Wealth
Management, Real
Estate Advisory,
Project financing,etc

7. What is Talent Acquisition ?
A BRIEF INTRODUCTION
Talent Acquisition is the process of attracting, finding, sourcing and selecting
on-boarding of new or existing employees into appropriate positions within
the organization. The process applies to all types of employment
relationships, including full- and part-time employees, contractors, contingent
staff, or outsourced worker relationships.

8. IMPORTANCE
Success
Cost
Opportunity Loss
KEY GOALS
Attract talented individuals
Complete the full cycle
from planning to
deployment in a timely
manner.
Place the right people in
the right positions.
Ensure a pool of readily
available talent

9. The Five Phases of Talent
Acquisition Life Cycle
PLAN
SOURCE
ASSESS
HIRE
ONBOARD

10. life cycle
Plan Source Assess Hire Onboard

11. Planning for meeting dynamic business needs.
Different sourcing strategies based on the understanding of the jobs
Employment Branding
Building a talent pipeline for any future needs of the Company
Building a positive candidate experience.
Objectives of Talent Acquisition

13. Tips for Effective
Talent Acquisition
FORECAST
BUILD A PIPELINE
GET EVERYONE ONBOARD
SPEND THE TIME

14. Main Context
New Hiring Strategies in Talent Acquisition
1. Brand your company as a great place to work.
2. Maximize employee referrals.
3. Pay at least as much as your competitors for talent, and be
transparent about what you offer.
4. Consider hiring more part-time contributors, and embrace their
flexibility.
5. Build strong talent networks.
7. Retain the personal touch.

15. Research
Methodology

16. Qualitative research
Quantitative research
Research Methods Choosen are
1.
2.

17. Research Design
Exploratory research design
Descriptive research design.

18. SWOT Analysis
Below is the Strengths, Weaknesses, Opportunities &
Threats (SWOT) Analysis of SMC Capitals.
Strengths are:
1. High Growth Rate
2. High Profitability and revenue
3. Wide range of innovative financial services
4. Strong international tie-ups
5. Workforce of over 4000 employees and over 7500 financial advisors
6. Customer base of over 7 million in over 450 cities
Weaknesses are :
1. Less penetration in India in terms of client based
2. Small industry type

19. SWOT ANALYSIS
Increasing interest Rate and Stringent Economic measures by
Government and RBI
Following are the Opportunities in SMC Capitals SWOT
Analysis:
1. Growing rural market
2. Earning Urban Youth
3. Educating people about the benefits of investments to increase
target audience
4. New Products and Services
The Threats in the SWOT Analysis of SMC Capitals are
as mentioned:
1.
2. Entry of foreign finance firms in Indian Market

20. Quarkwood High
Findings, Recommendations
& Limitations
Cut throat Competition
Structured procedures
CTC Offered
Findings

21. Recommendations
Clarity in the job skills required
Updated Database
Clients should share the full salary details
Recruiting high quality staff with the right skills
Employee feedback after placement

22. Limitations
Lack of enough information as
considered highly confidential.
Time constraint
The depth of the analysis has been
limited to the extent of information
collected from different sources.
And many practical matters have been
written from my own observation that
may vary from person to person.
·

23. Conclusion
Acquiring good talent is the biggest issue and task for any company.
Right Candidate for the right job
Talent acquisition is the heart of the whole HR systems in the organization.
The effectiveness of many other HR activities, depends largely on the quality of new employees attracted through
the recruitment process.
Finally, better recruitment and selection strategies result in improved organizational outcomes.

24. Learning Experience
ACCOUNTABILITY
TECHNOLOGY IN HR
RECRUITMENT PROCESS
TRANSPARENCY
TEAM WORK
RESPONSIBILITY
WORK ETHICS

25. References
https://smcindiaonline.com/
https://business.mapsofindia.com/sectors/financial/growth.html
https://www.smctradeonline.com/
https://www.mbaskool.com/brandguide/banking-and-financial-
services/1337-smc-capitals.html
https://business.linkedin.com/talent-solutions/blog/recruiting-
tips/2018/what-is-talent-acquisition
https://www.shrm.org/hr-today/news/hr-
magazine/0716/pages/12-recruiting-tips-from-talent-acquisition-
leaders.aspx

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