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NAME : ANKUSH.S.CHOUDHARY<br />         ROLL NO: 59<br />         H.R PROJECT<br />         AMITY MUMBAI<br />         M.B.A SEM-1<br />RECRUITMENT AND SELECTION<br />INTRODUCTION:-<br />            Recruitment forms the first stage in the process, which continues with selection and ceases with the placement of the candidate. It is the next step in the procurement function, the first being the manpower planning. Recruitment makes it possible for the organization to acquire quality human resource to ensure the continued growth. Recruiting is the process of getting potential applicants to apply for actual or anticipated organization vacancies.<br />      Companies are now looking out for new ways of giving themselves a competitive edge over their competitors. Product remodeling, rebranding, customer centric approach & new marketing strategies are some of the ways this can be achieved but now many companies look towards their human resource for getting this leading edge. The importance of recruitment and selection lies in getting the right people for right job, i.e. getting the right job fit.<br />            Human resource is the biggest asset of any organization and proper selection and placement in the right place at the right time has become vitally important. There assets must be properly nurtured and their efforts to be harnessed so as to obtain maximum productivity. Recruitment is an important aspect in this regard. Decisions regarding testing, work policies, projects, compensation, and corporate image all have an impact on recruiting.<br />               Recruitment and selection are two of the most important functions of personnel management. Recruitment precedes selection and helps in selecting a right candidate. Recruitment is a process to discover the sources of manpower to meet the requirement of the staffing schedule and to employ effective measures for attracting that manpower in adequate numbers to facilitate effective selection of efficient personnel.<br />MEANING:“Recruitment means to estimate the available vacancies and to make suitable arrangements for their selection and appointment. Recruitment is understood as the process of searching for and obtaining applicants for the jobs, from among whom the right people can be selected”.A formal definition states, “It is the process of finding and attracting capable applicants for the employment. The process begins when new recruits are sought and ends when their applicants are submitted. The result is a pool of applicants from which new employees are selected”. In this, the available vacancies are given wide publicity and suitable candidates are encouraged to submit applications so as to have a pool of eligible candidates for scientific selection.In recruitment, information is collected from interested candidates. For this different source such as newspaper advertisement, employment exchanges, internal promotion, etc.are used. In the recruitment, a pool of eligible and interested candidates is created for selection of most suitable candidates. Recruitment represents the first contact that a company makes with potential employees<br />GENERIC OVERVIEW OF RECRUITMENT AND SELECTION PROCESSES<br />PHASE:-1IDENTIFICATION OF PROSPECTIVE CANDIDATEPHASE:-2CANDIDATE PROFILING AND ASSESMENTPHASE:-3CANDIDATE SELECTIONPHASE:-4CANDIDATE INDUCTION PROCESSPHASE:-5CANDIDATE HAND HOLDING AND ON PROJECT SUPPORT<br />FACTORS AFFECTING RECRUITMENT & SELECTION<br />There are various factors affecting recruitment & selection. These can be broadly classified into-<br />,[object Object]
Organizational reputation
Organizational culture
Geographical location
Amount of resource allocated
Channels and methods used for advertising
Emoluments that the company offers
External factors-
Situation of the labour market and demand for manpower
Stage of development of the industry
Culture, beliefs and social attitudes
Legal factors
SOURCES OF RECRUITMENT:
Internal Sources-
Internal promotions
Internal transfers
Company HRIS(Human resource internal sources)
External Sources-Advertisement in newspapers<br />Referrals<br />Campus recruitment<br />Online recruiting<br />Casual job seekers<br />Consultants<br />Job fairs<br />Head Hunters<br />,[object Object],Choose resource & methods of recruitmentNew post arises or vacancy arisesDetermine number, levels & criticality of vacanciesPerform job analysisShortlist candidate CVs for interviewAnalyze cost & time involvedRecruitment endsAdvertise<br />,[object Object],CVs reviewConducting Tests & Evaluating PerformanceInitial Screening InterviewPreliminary InterviewAnalyze Application BlankCore & Departmental InterviewsPlacementMedical ExaminationJob OfferReference ChecksEvaluation of complete processMethods of COMPANY PROFILE<br />ABOUT THE COMPANY1.NAME OF COMPANY- SMC GLOBALSMC Global is one of the largest and most reputed investment solutions company that provides wide range of services to its substantial and diversified client base. Over the Years, The company has expanded Internationally, and has established office in Dubai Gold and Commodities Exchange (DGCX). Its products and Services include Institutional and retail brokerage of equity, commodity, currency derivatives, online trading , investment banking, depository services, clearing services, IPOs and mutual funds distribution, Portfolio management, wealth advisory, insurance broking, equity and commodity research.SMC Global is one of the leading and experienced brokerage houses having its corporate office in Delhi, besides offices in Mumbai, Kolkata and a mammoth network of more than 500 offices spread across the country. Member of NSE, BSE, F&O, NCDEX, MCX, DGCX, Clearing Member in NSE Derivative Segment & DGCX and ISO 9001: 2000 certified DP for shares and commodities.Company offer large avenues of Investment Solutions, catering to all classes of Investors.Providers of one of the best trading platforms to trade in NSE, BSE, NCDEX, MCX and DGCX.SMC has expanded, globally by acquiring Trading & Clearing Membership of Dubai Gold and Commodity Exchange (DGCX).   LOCATION OF SMC GLOBAL IN DUBAISMC Comex International DMCC(A Broker & Clearing Member of DGCX)312, 3rd Floor, Belshalat Building, Al Karama, Dubai, UAEPh.: +9714 3963120 Mobile: +97150 2612483Fax: +9714 3963122Web: http://www.smcindiaonline.comLOCATION OF SMC GLOBAL IN INDIAREGISTERED OFFICE11/6B, Shanti Chambers,                                          Ground Floor, Main Pusa Road,New Delhi- 110 005Ms. Shagun Madan, AVPMobile: +91 9312788879REGIONAL OFFICE18, Rabindra Sarani, PoddarCourt, Gate No-4,4th Floor, Kolkata-7000012A, 2nd Floor, Mookambika Complex No.4Lady Desikachari Road, Mylapore, Chennai-600004Tel. 91-44-42108069, 42088256Fax-91-44-24661798E-mail- mylapore2smcindiaonline.comCORPORATE OFFICE43, A-Wing, 4th Floor,Mittal Tower, Nariman PointMumbai- 40001<br />2. CONSTITUTION OF THE COMPANY<br />SMC Global is a private limited company. It is a Dubai based company. BOARD MEMBERS are Mr. SUBHASH CHAND AGRAWAL and Mr. MAHESH CHAND GUPTA<br />Mr. SUBHASH CHAND AGRAWAL             Mr. MAHESH CHAND GUPTA<br />Mr. Subhash Chand Aggarwal and Mr. Mahesh Chand Gupta are the visionaries who planted the sapling of the “Kalpavriksha” called SMC. To shape their vision into a reality they watered the sapling with their principles of transparency, honesty & integrity and nourished it with their rock solid commitment for excellence.<br />Professionally both are chartered accountants, with a rich experience of more than 20 years in the capital market. Their exceptional leadership skills, outstanding commitment and disciplined style of working have fostered SMC into a financial hub, justifying the words that “the future belongs to those who believe in the beauty of their dreams<br />Mr. Subhash C. Aggarwal (Chairman and Managing Director):<br />A fellow Member of the ICAI, and has experience in Financial Services Business for about 20 years. He is member of the managing committee and Chairman of the Capital Market Expert Committee of the ASSOCHAM, participation in Prime Ministerial Delegation to Japan.<br />Mr. Mahesh C. Gupta (Vice Chairman and Managing Director):<br />A fellow Member of the ICAI, and has more than 20 years of experience in Capital Markets of India<br />SMC’S SIGNIFICANT MEMBERS:<br />1275715top<br />Mr. D.K. Aggarwal (Head of Arbitrage): A fellow member of the ICAI, and being in Financial Services and Arbitrage Business for about 15 years<br />Mr. Pradeep Aggarwal (Director): A Graduate from the University of Delhi and has more than 14 years of experience in Securities and Commodities Market and also has rich expertise in Arbitrage Business<br />Mr. Ajay Garg (Director): A fellow member of ICAI and has around 10 years of experience in corporate, information technology, business development and internet trading businesses<br />Mr. Rakesh Gupta (Director): A fellow member of ICAI and has around 10 years of experience in legal, secretarial, taxation and other corporate issues.<br />Mr. N.D. Gupta (Independent Director): Past President of ICAI has more than 35 years of experience in corporate affairs and Securities Market. He has served on the board of IFAC, IASC, NACAS constituted by Dept. of Company Affairs, CBDT advisory committee and IRDA. He was Chairman of DSE and is an active member of FICCI, ASSOCHAM and PHDCCI.<br />Mr. Rajesh Jain (Head of Research): A management graduate with more than 20 years of experience in investment strategies, technical & fundamental analysis. He is a visiting faculty at institutes like BITS Pilani.<br />3.RECENT COLLABORATION OF SMC WITH PROMINENT HANDS<br />SMC Group entered into a Joint Venture with Sanlam Group of South Africa <br />SMC Group, which is India's fourth largest securities brokerage house, has entered into 50:50 joint venture agreements with Sanlam Investments, an investment arm of South African financial services giant, for setting up wealth Management and Asset management business in India, managing over US $ 60 Billion of client assets and operating in over US $ 60 Billion of client assets and operating in over 30 countries globally including UK, USA, Switzerland, Luxembourg, Dublin, Australia etc. <br />. The agreement between the parties will see the set up of two new businesses in India - a wealth management company and an asset management company. Both will be perfectly placed to take advantage of the immense growth opportunities in India. The total financial outlay by Sanlam Investments on this joint venture is expected to be around $50 million upward, as the warrants are exercised and the new businesses are capitalized. <br />,[object Object],5. SOME FACTS ABOUT SMC.<br />No. of Employees:-SMC Global has a highly efficient workforce of over 3,000 employees<br />Rating within its sector:-SMC Global is the fourth largest brokerage house in the world. <br />Current annual turnover:-SMC clocked a turnover of over US $ 100 Billion in 3rd quarter of FY 08-09.<br />6. GEOGRAPHICAL REACH<br />SMC has expanded its domestic & international operations. Existing network includes regional offices at various places in India, besides these 1350+ offices across over 350 cities in India. SMC has plans to grow its network to 2,700 offices across 500+ cities in the next 3 years. The existing network offices of SMC in India are as follows,<br />Mumbai<br />Kolkata<br />Chennai<br />Bangalore <br />Cochin<br />Ahmadabad<br />Jaipur<br />Hyderabad<br />7. ORGANISATIONAL HISTORY<br />SMC Global was established in the year 1994 by Mr. Subhash Chand Aggarwal and Mr. Mahesh Chand Gupta as Global Securities Ltd. and commenced its business on 2nd day of January 1995.<br />              <br /> SMC Group - Evolution<br />  01994.   Equities and Commodity Brokerage<br />Providing trading platforms to clients supported with research services<br /> 1995.   Arbitrage Engaged in ‘Arbitrage’ operations employing both proprietary & client funds, for monetizing the market mis-pricings.<br />1996. Research Services (Equity & Commodity) Fundamental & Technical Research <br />1996. International DGCX Business Distribution of IPO & MF Distribution of IPO & MF products<br />1998.   Insurance Distribution, Distribution of Life, Non-life Insurance products<br />2000.   Investment Banking Fund Raising through IPO, Debt & PE routes<br />2002.   NRI Business NRI Trading & Advisory Services<br />2004.   Institutional Desk Institutional Trading & Advisory Services<br />2006.   Wealth manegment.Services Client based Portfolio at the end of 2008 the company has basket of products which is suitable to all types of customer. It also diversifies the risks of customer by diversifying customer’s portfolio of investment. <br />8. GROWTH HISTORY<br />SMC office network- Region wise<br />lefttop<br />  <br />No. of investors of SMC over the years<br />ORGANIZATIONAL STRUCTURE (H.R. DEPARTMENT)<br />
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