recruitment & selection in insurance sector
TRANSCRIPT
Recruitment-Selection Process
(Insurance Sector)
Submitted By :Shubhra Dewangan
Recruitment
Selection
Recruitment refer to the process of identifying & encouraging prospective employees to apply for job.
Selection is concerned with picking the right candidate from a pool of applicants.
RECRUITMENT PLANNING
• The manpower planning process for the year would commence with the company’s budgeting activity.
• A copy of the duly approved manpower plan would be forwarded by the HR department for their further actions during the course of the year.
• The Regional HR’s would undertake the planning activity and necessary preparations in advance of the anticipated requirements
• The vacancies sought to be filled or being filled shall always be within the approved annual manpower budget
Recruitment planning on the basis of budget
• Review of manpower budgets shall take place on a quarterly basis. In the event of any new position or any deviations to the original plans, details of the positions maybe forwarded to the VP-HR along with the adequate supporting information.
Review of Manpower Plans and Additional Manpower
SOURCING OF SUITABLE CANDIDATES Existing database (active application data bank) Employee referral as per any company scheme that may be
approved from time to time Advertisement in the
internet/newspapers/magazines/company’s sites/job sites or any other media
Placement Agencies (particularly for positions of Managers and above)
Headhunting firms particularly for senior positions, specialist positions and critical positions
Direct recruitment from campuses/academic institutes Job websites
SCREENING THE CANDIDATES
FIRST LEVEL SCREENING
Aptitude Test
General Norms & administrative actions regarding interview Process
Negotiations of the terms and conditions and other pre-appointment formalities
Reference checks
Employment offer letter
SECOND LEVEL SCREENING