I would like to thank you for your invaluable help and support in preparing my internship report. The report outlines the HR department's rules, strategies and processes for recruitment as well as other departments' participation in the process. This agreement is made and entered into by and between Green Delta Securities Limited and the undersigned student of BRAC University "Ramisha Maliha".
At the outset, I would like to express my heartfelt gratitude to the Almighty for giving me the patience, energy and courage to complete my internship report. Next, I would like to thank the entire team of the Human Resources Department of Green Delta Securities Limited for their support and the opportunity to work with them. I would like to thank my supervisor Adiba Khandoker, Assistant Vice President of Green Delta Securities Limited for allowing me to do my internship in HR Department.
The HR department is one of the most essential departments of the organization, charged with recruitment, training and development, as well as settlement and compensation. This study is based on my workplace experience in the field of GDSL recruitment.
- Introduction
- Report Topic
- Aim and Objective of the Report
- Specific Objective
- Scope of the Study
- Job Activities
- Specific job responsibilities
- Methodology
- Limitations
- Overview of the Internship
Based on my observations and my personal experience during the internship, this report provides an overview of the issues and activities of the recruitment process of the HR department of Green Delta Securities Limited. As an intern I performed tasks that would normally be performed by other employees of the company. The HR department team at GDSL recruits potential candidates by following several processes.
Before the new employee signs the organization's agreement document, I made sure he understands all the terms and conditions. I was tasked with providing new employees with a clear view of the paperwork and papers (photocopies of all academic certificates, mark sheets, voter ID cards and passports) that they were required to submit on their first day of work. The main limitation of the study was a lack of access to information, which greatly hindered the scope of analysis required for the study.
- Overview of the Company
- Mission
- Vision
- Goal
- Board of Directors
- Association & Branches
- Why GDSL
- Banking Partners
- Major activities are done by GDSL
- Products
- Services
- Organization Hierarchy
- Departments of GDSL
- Porters Five Forces
- SWOT Analysis
- Corporate Achievements
GDSL has taken a step forward by introducing customized solutions for students, women, privileged customers, high-net-worth customers and non-residents, which are the first of their kind in the business and tailored accordingly to their needs. For all capital market requirements, Green Delta Securities Limited provides the highest quality service at a competitive price. We offer a wide range of brokerage services on DSE and CSE, from Beneficial Owner (BO) account opening to CDBL related services as well as notification of company announcements such as AGMs, cash dividends and right bonuses.
Green Delta believes in using intelligence to increase growth and profitability for both customers and the business. An investor can open a BO account manually or online with the help of a brokerage firm. The task of the brokerage company, similar to the task of transferring funds, is to simplify the process of withdrawing funds from the BO account as much as possible.
When a new firm is listed on the stock exchange for the first time, it issues its shares in the form of an initial public offering (IPO). Online portfolio/confirmation/ledger/fund withdrawal services are available 24/7 in the cloud. Because there are fewer people in the firm, a corporation can charge higher prices and have better profit margins.
The higher the barriers to entry in the industry, the greater the benefits for incumbent businesses. However, with innovative features including BO Online account creation, online IPO application, online trading, fast fund transfer and online fund search, Royal Capital has been a pioneer in simplifying stock market investing, making easier for investors to enter the capital. market as Delta green securities. Green Delta Securities is a wholly owned subsidiary of Green Delta Insurance Company Limited, which provides full international standard brokerage services to individual and institutional clients.
If there are only a few suppliers in the company, input costs will inevitably be dominated by them. A subsidiary of Green Delta Insurance Company Limited, GDSL offers comprehensive international standard brokerage services for individual and institutional clients. This digital booth provides online BO account opening, cloud service with fund claim process, online deposit option and much more.
Recruitment process of Green Delta Securities Limited
The recruiter provides all information from the job listing that matches the job requirements in the job description. Internal: After sharing the strategy, the HR team publishes the vacancies on various portals according to the choice of the concerned department for internal or external recruitment. As part of the selection process, candidates are asked to take the exam by phone call or SMS.
The first interview will be attended by an interviewer from HR and the department that will need the candidate. Final Interview: 15 minutes prior to the interview, all members of the interview panel must complete a pre-interview discussion. The board will have three or four members, one of whom should be a human resources officer.
In this interview session, the managing director of GDSL usually asked the most questions and negotiated the salary with the candidates. Written Examination: The question pattern of the written examination is MCQ (English, Mathematics, Analytical Ability, General Knowledge) and write up. After the employee is selected for the position, the employee must attend a written examination for final selection. The recruiters will provide all interviewees with an interview form as well as a photocopy of the CV. The interview form consists of a predetermined list of questions, and it is required to ask all of them. During the interview session all committee members must the. 34;Interview Evaluation Form" in its entirety. After completing the form, the committee will examine the candidate's suitability and make individual recommendations as to whether or not the candidate should be appointed. To short-list a candidate, all committee members must reach a consensus. After identifying a suitable applicant for the position, the Staff contacts them and informs them of the proposed compensation. If accepted, the HR team will request that some documents be shared with them. Permanent job offers : Full-time employees are required to work regularly according to corporate policies New workers are given a trial period of six months depending on the job category Regular staff are always involved in the They are paid a set wage at the end of each month and bonuses, incentives, training, skill development training and other benefits Contractual job offers: Employees who are employed on a contract basis are hired for a specified period of time or a specific task. For example, they may be offered a position for a year or six months on a contract basis. They simply receive a festival bonus in addition to their wages based on their performance. Pre-employment documents: Any new employee's file will be opened by the HR department on their first day at work. It will contain all documentation about the employee. CV, passport size photo, NID, ETIN, Salary certificate, letter of resignation, educational certificates). Approval for Employment: The new employee's designation, probationary period, start date, transferability, compensation, confidentiality and copyright terms will all be detailed in the approval of employment document.
Nomination Letter: Shortlisted candidates will receive an "Offer Letter". A detailed explanation of the offer will be provided to the candidate. The candidate must then confirm acceptance of the offer by signing a duplicate copy of the offer letter. Additionally, if a Contractual Agreement situation exists, a contract will be executed between GDSL and the candidate.
The History, Mission, Vision, Values, Products, Services, Divisions and Responsibilities of the Organization will be explained to the new employee.
Challenges and achievements of recruitment process during Covid 19
The company spends a lot of time and effort on the recruitment and selection process, and it takes a long time for the selected individual to join. In addition, candidates have high expectations - Candidates are disappointed when they receive the offer letter and see the salary. Furthermore, verify facts about the candidates: Candidates are sometimes unable to present the appropriate academic credentials, leading to their later release.
Without an academic degree and a release, the recruiter will not be able to complete his application. Finally, balancing time and quality are difficult - It is extremely difficult for a recruiter to find the right applicant as quickly as possible. Taking a long time to hire a candidate is extremely expensive, and also reduces work efficiency.
Online job interviews save both the company and the candidate time and money, which allows for a more efficient recruitment process. Their greatest success is keeping the cost of the recruitment process down while also controlling the quality of talent. They will find the appropriate applicant based on the individual's achievements, educational credentials, experience and other assessments that will help preserve diversity.
On the other hand, new hires can be effectively onboarded through a combination of technology and multiple HR programs and benefits. One of the most difficult aspects of being away in person is the loss of rapport and engagement, which interactive recruitment solutions, which are particularly effective among younger generations, can help tremendously. In conclusion, the epidemic has forced people to work from home and organizations have had to rethink and reverse their digital strategy to adapt to the new mobile age.
Businesses can fight back, grow and improve the economy if the correct measures are put in place today.
- Finding and Analysis
- Recommendations
- Conclusion
- References
Due to this pandemic, they should have considered conducting final online interviews with the candidates. I have listed all the most important locations of the recruitment process and HR practice during COVID19 in my report. Not only from Dhaka but also from the other districts they are looking for the potential candidates for their company to get quality performance from them.
Furthermore, this study gave me a complete idea of how to progress in my future enterprise, in addition to knowing the business culture. My internship at Green Delta Securities Limited's HR department was a fantastic experience for me.