MAIN BODY Report Title: “Effectiverecruitmentstrategyandselectionasatoolforachievinghigher employee productivity in an organisation”. A case study on Barclays Bank.
MAIN BODY Business Context: Achievement of any corporate business is largely depend on human resources who give their besteffortsforcompany'ssuccessandgrowth.Withouteffectiveworkforce,anideal organisation cannotoperatesoperateits functions effectively. This crucial fact has influenced the practices of Barclays Bank related to recruitment and selection(Chowhan, 2016). This corporation incorporates in financial sector mainly in corporate and personal banking as well as in investment and wealth management also. Therefore, its managersfocusesfocusmore on hiring best eligible candidates who have sharp knowledge in this field. With this assistance, the main objective of present research is to identify effectiveness of recruitment and selection policies of Barclays Bank which have claimed to be best for increasing employee productivity. Project Questions: What do you identify in literature? The main motive behind conducting literature review is to identify which technique is useful for hiring eligible applicants within business. For this process, project managers of Barclays have discovered various ideas of experts through internet accessibility. Through views of writers on the same topic, managers can evaluate strategies for increasing employee productivity of business as well. What Strategy do you intend to propose or focus on? Need of recruitment and selectionisgenerally arise when there are number of vacancies have to be filled. Therefore, to hire new candidates within business, HR managers of Barclays have used online source of recruitment. created attractive job description on job portal and company's websites. In order to reduce screening the resumes of applicants, they have also provided a personal specification (Taylor, Doherty and McGraw, 2015). This would help interested candidates to test their eligibility before applying for job. Furthermore, management team have also made a questionnaire format for testing skills of selected candidates, so that vacant position can be fulfilled by high eligible applicant.Which organisation demonstrates effective use of specific strategy that you intend to propose? Managers of Barclays have highly inspired by recruitment selection strategy of HSBC. This bank alsodealdealsin same sector and for hiring employees, its HR managers used to offer attractive job employment on various job portals. This would aid to attract highly eligible candidates to work within its organisation. Therefore, in terms of employee productivity, HSBC
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has gained advantage to give tough competition to Barclays. In this regard, managers of Barclays have decided to offer job on competitive salary and give promise to high appraisals also, in order to enhance productivity of business.Current/ Primarily Research and relevant theory: HRM refers to main function of an organisation which concerns on effective as well as efficient utilisation of manpower within business. For this process, it is necessary for companies to focus on organisational objectives while hiring employees(Bailey and et. al., 2018). They should evaluate how many vacancies are needed to be fulfilled and what kind of recruitment process are required for the same. In this regard, through literature review, HR managers of Barclays have evaluated that both internal and external sources of recruitment are important for enhancingproductivityofbusiness.Butduetointensecompetition,inordertogain sustainability, online recruitment method is considered as best for hiring eligible candidates. Method of enquiry: In order to make research on evaluating the effectiveness of different recruitment selection procedure, both primary and secondary techniques can be used. By primary technique like questionnaire method, investigators can get feedback of potential users. This would help in analysing which technique is more beneficial i.e. either internal or external resource of recruitment. While secondary research helps in conducting literature review where investigators can obtain relevant data on specific topic(Schiemann, 2014). In present context, through secondaryresearch,managersofBarclaysanalyseopinionofdifferentresearcherson effectiveness of recruitment techniques. Identify ethical issues that you might intend to face: It is essential for every projectmakersmakerto conduct research in ethical and professional manner. They should monitor that any kind of activity does not harm feelings of others. Along with this, while obtaining data through survey, they should not disclose any personal and confidential information of participants(Tripathi and Agrawal, 2014). Thus, in this regard, managers of Barclays work in specific code of conduct as per business rules. This would help in increasing effectiveness of project as well as obtaining high outcomes also. Planning: This part entails overall planning procedure for conducting research of project. In this regard, in order to conduct project on recruitment and selection procedure, managers of Barclays have 4
carried out various activities. It includes problem identification for which they require minimum two days. While for selecting suitable topic, create aims and objectives and conduct literature review, approximate 20 to 25 days will be taken. Furthermore, for primary survey, data collection, make interpretation and analysis more than 40 days are needed. After then, for drawing valid conclusion as per literature review and primary techniques as well as final submission, 3 to 4 days are required. Thus, to conduct the overall research and execute project, three to four months are needed. 5
Professional and career development skills: For conducting a research, it is essential for investigators topossespossesseffective professional skills. It includes good managerial skills, leadership qualities, time-management and more. Apart from this, having strong communication skills, project-managers can influence team-members to give their best efforts for attaining the aims and objectives. By working on different-different projects, a person gain chance to enhance professional skills which would make their careermore brightbrighter. REFERENCES Taylor, T., Doherty, A. and McGraw, P., 2015.Managing people in sport organizations: A strategic human resource management perspective. Routledge. Tripathi, K. and Agrawal, M., 2014. Competency based management in organizational.Global Journal of Finance and Management. 6(4). pp.349-356. Schiemann, W. A., 2014. From talent management to talent optimization.Journal of World Business. 49(2). pp.281-288. Bailey, C., and et. al., 2018.Strategic human resource management. Oxford University Press. Chowhan, J., 2016. Unpacking the black box: Understanding the relationship between strategy, HRM practices, innovation and organizational performance.Human Resource Management Journal. 26(2). pp.112-133. 6
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