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A Study of Recruitment and Selection At Quikr Internship ppt.

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Shweta Sinha

This document summarizes a study conducted on the recruitment and selection processes at Quikr India. The study aimed to analyze the effectiveness and costs of Quikr's recruitment strategies, policies for hiring employees, and selection processes based on offer and acceptance rates. Data was collected through questionnaires with 50 current employees. Key findings included that most candidates learn about jobs through personal referrals rather than online portals. On average, hiring takes 2-4 months and the offer acceptance rate is 40%. The conclusion is that Quikr's recruitment sources are effective and selection processes keep costs low by evaluating existing employee performance. Recommendations include focusing on other recruitment sources and providing clearer entry-level job descriptions.

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A Study Of Recruitment and Selection At Quikr
Executive Summary 1
Executive Summary Topic Name - A Study of Recruitment and Selection At Quikr India. Need of the study - Recruitment and selection strategies result in improved organizational outcomes. Successful recruitment and selection practices are key components at the entry point of human resources in any organization Choosing this topic for research because Human Resource is the pillar of any successful business establishment and Recruitment and Selection is the most vital part in it. 3 3
About the Industry 2
About the Industry  COMPANY NAME: QUIKR INDIA  INDUSTRY TYPE - Online Classified Advertising Platform for users to buy or sell goods and services  Quikr started its journey in 2008, and today, it is present in more than 900 cities of the country  Quikr raised a fund of $150 million from its investors  In 2017 ,Quikr raised ₹Rs 63.8 cr (approx) The turnover signals a 55% increase from the turnover of Rs 41.2 cr that the company clocked in Financial Year 2016  Quikr has completed 5 acquisitions for its real estate business 5
About the company 3
About The Company 7 Company Name : Quikr India Type : Private Ltd. Industry : Classified Advertising Platform Founded : 2008. Headquarter : Bangalore, India Listed in Cities : 900 Plus., Key people : Pranav Chulet(Founder & CEO) Jiby Thomas (Founder) Parent Company : QUIKR Services : B2B,C2C & B2C Mission :To consistently innovate for our users Vision :The vision for buyers and sellers to “meet online, transact offline
Services 8 I was working on Quikr Homes and Quikr Jobs Verticals
Introduction Of Topic 4
Recruitment and Selection Recruitment : The process of finding and hiring the best and most qualified candidate for a job opening, in a timely and cost-effective manner. Selection: The process of picking or choosing the right candidate, who is most suitable for a vacant job position in an organization. 10
Recruitment and Selection in Quikr 11 Recruitment 1. Direct method 2. Indirect method 3. Third party method 4. Internet recruitment Selection process is a decision making process. This step consists a number of activities. Employee selection is the process of putting right men on the right job . 
Objectives of Research Project 5
Objectives of Research Project ￮ To Study the effectiveness of recruitment on the basis of Cost &Time frame ￮ To Study the companies policies used for Employees recruitment ￮ To Measuring the effectiveness of selection process on the basis of Offer and Acceptance rate 13
Research Methodology 6
1. Sample Frame 2. Sampling Method 3. Data 4. Research Design 5. Data Collection Instrument 6. Sample Size 15 Research Methodology  Quikr  Simple Random Sampling  Primary and Secondary Data  Qualitative and Descriptive Research Design  Questionnaire  50
16 Brief of Actual task done for the Company  Interaction With The Top Management.  Sourcing Candidates through portals like Naukri etc.  Calling candidates and scheduling their interviews.  Conduct Interviews (Telephonic & Face To Face).  End To End Recruitment Taking Introduction round Interview
E - Recruitment HOW TO SEARCH IN NAUKRI FINDING ELIGIBLE CANDIDATE 17 “From my list 15 Candidate was selected.”
Data Analysis 7
￮ Was each candidate allocated the same length of time for interview? Data Analysis ￮ Which web 2.0 tools have you used to source candidate? 19
￮ According to you which is the best job portal for recruiting? Data Analysis ￮ Was each candidate asked the same question at interview? 20
Major Findings 8
22 Major Findings  According to the Survey , Major source of information about the job openings to the candidate was found out be through friends or relatives , i.e 48% online portal account for 8 % and other sources account for 44 % On average, Indian organisations spend approx. Rs.25,500 per hire. However, FMCG and other unclassified sectors spend more than double the amount towards their recruitment. Hiring takes anywhere from a few days to four months, according to LinkedIn’s 2017 global survey. According to the Survey 40 % average offer acceptance rate According to the Survey it is found that only 66% of the candidate were made aware of the company profiles and job responsibilities
Conclusion 9
Conclusion 24 Recruitment as being one of the major topic is required by most of the Organization. Hence the study helped in understanding the various aspects of recruitment and selection process. In the Quikr the sources of Recruitment is effective, the internal Selection of the organization also in an economical means which also reduce costs, only after looking the efficiency of the existing employee towards the company and his sincerity that employee gets selected, in Quikr the effective Selection process is adopted in the last 5 years.
Recommendations 10
Recommendations ￮ Focus on other sources as data support that mostly employees are recruited on personal references. ￮ Job descriptions at entry level are required in order to have role clarity. 26  There should be more focus on employees employee’s welfare.  Small businesses should include a senior member of the organization during the recruitment and selection process..
Bibliography 27 1 2 3 4
TH NKS 28

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A Study of Recruitment and Selection At Quikr Internship ppt.

  • 1. A Study Of Recruitment and Selection At Quikr
  • 3. Executive Summary Topic Name - A Study of Recruitment and Selection At Quikr India. Need of the study - Recruitment and selection strategies result in improved organizational outcomes. Successful recruitment and selection practices are key components at the entry point of human resources in any organization Choosing this topic for research because Human Resource is the pillar of any successful business establishment and Recruitment and Selection is the most vital part in it. 3 3
  • 5. About the Industry  COMPANY NAME: QUIKR INDIA  INDUSTRY TYPE - Online Classified Advertising Platform for users to buy or sell goods and services  Quikr started its journey in 2008, and today, it is present in more than 900 cities of the country  Quikr raised a fund of $150 million from its investors  In 2017 ,Quikr raised ₹Rs 63.8 cr (approx) The turnover signals a 55% increase from the turnover of Rs 41.2 cr that the company clocked in Financial Year 2016  Quikr has completed 5 acquisitions for its real estate business 5
  • 7. About The Company 7 Company Name : Quikr India Type : Private Ltd. Industry : Classified Advertising Platform Founded : 2008. Headquarter : Bangalore, India Listed in Cities : 900 Plus., Key people : Pranav Chulet(Founder & CEO) Jiby Thomas (Founder) Parent Company : QUIKR Services : B2B,C2C & B2C Mission :To consistently innovate for our users Vision :The vision for buyers and sellers to “meet online, transact offline
  • 8. Services 8 I was working on Quikr Homes and Quikr Jobs Verticals
  • 10. Recruitment and Selection Recruitment : The process of finding and hiring the best and most qualified candidate for a job opening, in a timely and cost-effective manner. Selection: The process of picking or choosing the right candidate, who is most suitable for a vacant job position in an organization. 10
  • 11. Recruitment and Selection in Quikr 11 Recruitment 1. Direct method 2. Indirect method 3. Third party method 4. Internet recruitment Selection process is a decision making process. This step consists a number of activities. Employee selection is the process of putting right men on the right job . 
  • 13. Objectives of Research Project ￮ To Study the effectiveness of recruitment on the basis of Cost &Time frame ￮ To Study the companies policies used for Employees recruitment ￮ To Measuring the effectiveness of selection process on the basis of Offer and Acceptance rate 13
  • 15. 1. Sample Frame 2. Sampling Method 3. Data 4. Research Design 5. Data Collection Instrument 6. Sample Size 15 Research Methodology  Quikr  Simple Random Sampling  Primary and Secondary Data  Qualitative and Descriptive Research Design  Questionnaire  50
  • 16. 16 Brief of Actual task done for the Company  Interaction With The Top Management.  Sourcing Candidates through portals like Naukri etc.  Calling candidates and scheduling their interviews.  Conduct Interviews (Telephonic & Face To Face).  End To End Recruitment Taking Introduction round Interview
  • 17. E - Recruitment HOW TO SEARCH IN NAUKRI FINDING ELIGIBLE CANDIDATE 17 “From my list 15 Candidate was selected.”
  • 19. ￮ Was each candidate allocated the same length of time for interview? Data Analysis ￮ Which web 2.0 tools have you used to source candidate? 19
  • 20. ￮ According to you which is the best job portal for recruiting? Data Analysis ￮ Was each candidate asked the same question at interview? 20
  • 22. 22 Major Findings  According to the Survey , Major source of information about the job openings to the candidate was found out be through friends or relatives , i.e 48% online portal account for 8 % and other sources account for 44 % On average, Indian organisations spend approx. Rs.25,500 per hire. However, FMCG and other unclassified sectors spend more than double the amount towards their recruitment. Hiring takes anywhere from a few days to four months, according to LinkedIn’s 2017 global survey. According to the Survey 40 % average offer acceptance rate According to the Survey it is found that only 66% of the candidate were made aware of the company profiles and job responsibilities
  • 24. Conclusion 24 Recruitment as being one of the major topic is required by most of the Organization. Hence the study helped in understanding the various aspects of recruitment and selection process. In the Quikr the sources of Recruitment is effective, the internal Selection of the organization also in an economical means which also reduce costs, only after looking the efficiency of the existing employee towards the company and his sincerity that employee gets selected, in Quikr the effective Selection process is adopted in the last 5 years.
  • 26. Recommendations ￮ Focus on other sources as data support that mostly employees are recruited on personal references. ￮ Job descriptions at entry level are required in order to have role clarity. 26  There should be more focus on employees employee’s welfare.  Small businesses should include a senior member of the organization during the recruitment and selection process..