A lot of research carried out on specific features of the recruitment and selection processes in ICICI bank Ltd have relied on human resources as a source of competitive advantage and more and more entrepreneurs are becoming aware that the recruitment and selection processes play a major role in obtaining adequate staff.The following are challenges facing recruitment and selection among in the banks: use of different recruitment methods like suggestions from current employees, word of mouth, government job services, college placement offices, posting job announcements on bulletin boards, executive search firms and the Internet; identification of labor pools, application of variety of selection tools namely, application forms, interviews, reference checks, per-employment tests and trial …show more content…
The attrition is high among the sales managers, unit mangers mostly in the sales profile. The recruitment is high during these months due to the fact that March and September are half year closing and business is high during Jan-Mar. Thus it is only after March that people move out of the companies. Since my summer training was in the months of May-June, it gave me the opportunity of involving myself directly with the recruitment process and analyzing the process so that suitable recommendations can be given. This project is centered on identifying best hiring practices in the insurance industries. It therefore requires great amount of research work. The methodology adopted was planned in advance so as to collect data in the most organized way. My area of focus was the recruitment and selection particularly at ICICI Prudential Life Insurance. I was directly involved with the recruitment for candidates for the sales profile. I was particularly involved with the sourcing of candidates for the regions outside Delhi such as M.P, U.P and