Recruitmenet and Payroll Process
Recruitmenet and Payroll Process
ON
Submitted to
In the partial fulfillment of the requirement for the award of the degree of
MASTER OF BUSINESS ADMINISTRATION
(2017-2019)
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Date: ……………….
This is to certify that Ms.Kajal Rani is a bonafide student of MBA 2nd year of this
institute for the session 2018-2019 and she has undergone the summer training
in Supper Overseas pvt ltd and prepared Summer Training Project Report titled
Lucknow.
Dr. Vibhuti
Professor and Head
(Department of Management Studies)
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Declaration
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ACKNOWLEDGEMENT
use. It is the path leading to success by shouldering responsibilities under the careful
It gives me immense pleasure to take the opportunity to remember and thanks the
personalities who have involved with this project work. I express my sincere thanks
and deep gratitude who are directly and indirectly associated in completion of this
project.
organization, guiding throughout the project, without his help the project would have
not added enough value. I am extremely grateful for the time he spent from his busy
schedule.
Kajal Rani
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EXECUTIVE SUMMARY
This project focuses on “Procedure adopted for Recruitment and Selection at super
overseas PVT LTD, Noida”. The organization has to be more responsive to the
changing scenario and latest trends in, recruitments and then of selection process.
Organizational capabilities need improvement through continuous updating of latest
technique, involving latest trends and methodologies used for Recruitment and
Selection of candidates, formulating recruitment policy and in designing an effective
HR Plan as any failure in HR Planning will be a limiting factor in achieving the
objectives of the organization. Objectives in the present day of stiff challenge from
competitive market, it is ongoing process which requires proper identification of
organizational manpower requirement and also ways of hiring the efficient and right
person at the right time. The scope of the project was to collect data from the selected
employees of company, analyze the significance of the data and the conclusion.
The project starts with the general introduction to what Recruitment and Selection is
all about. Then comes the Company Profile. It consists of an introduction about the
organization. Here I have stated the history of the organization, its objectives,
products and capabilities of the organization. The project provides me excellent
opportunity to correlate my theoretical learning with the ground realities of the
industry and the market.
To accomplish the above, around 40 employees were surveyed and interviewed. The
core purpose of the survey was to find out0 employees perspective towards the
Recruitment and Selection process in the organization. In conclusion, this project will
enable one to understand the concept of Recruitment and Selection process among the
employees and simultaneously it will help the employer in practicing them. This
report will also help to understand benefits and drawbacks of present process of the
same.
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TABLE OF CONTENT
4. Board of directors 11
5. History 12-15
6. achievement 16-17
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12. Research methodology 66-73
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Part II:
Study of Organization
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Introduction of Organization
I learnt a lot after going through the training organized by Super Overseas, a brand
name secured its place in garment manufacturing industry since 1995. They endowed
in me efficient HR skills by presenting their work ethics and \consistency in
management genre.
Super Overseas Private Limited (SOPL) traces its roots back 15 years to the
establishment of Garment Exports Established in 1995, was amongst the first in India
in Mercerized Garments, largely considered to be one of the toughest product
categories Over the years, the Company has attained a reputation for the manufacture
of uncompromising quality in ‘top of the line’ knitwear, employing the best available
fabrics/yarns SOPL has learnt to harness its design expertise, strong infrastructure
base and focused product profile to deliver a highly refined, quality product that
reflects the strong commitment of our company to our clients Company prides itself
on its long-term relationships with several customers, that have shown sustained
growth over a period of time
People are at the centre of everything we do. This is evident in the relationship
between Adecco’s more than 731,000 internal and external employees, as well as that
between our employees and over 100,000 clients we serve every day. People are the
focus of our continued search for excellence in the provision of our principal
People, whatever their culture or background, all aspire to a better life and a more
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the world of work, for the benefit of all stakeholders. As the worldwide leader in HR
In today’s fluid business environment, Adecco people around the world are helping
connect private and public organizations with the right skills and expertise to fulfill
their needs. Matching talent is vital in giving individuals and companies a competitive
edge.
We build relationships with talented people around the globe to handle any size of
locations deal with a single Adecco partner who has expertise in the relevant field.
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Business Overview
Super Overseas Pvt.Limd. Management Services was established in 1995 and deals in
four verticals:
& Specialty Washes, Hi fashion dresses - couture, Men /women - tops /bottoms
in knits
They have their offices in PAN India and in abroad also in different regions i.e.
DELHI, MUMBAI, BANGLORE, KOLKATA, US, GHANA and UAE. They have
MISSION
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Super Overseas Pvt.ltd. as an organisation aims at helping businesses grow by
matching the right talent to their specialized staffing and consulting needs and build
the rewarding careers for the professionals they place. The company adheres to the
philosophy of “Ethics First” in everything it does and create a environment were
employee can thrive and innovate. Super Overseas Pvt.ltd. inspires its employee to be
socially responsible corporate citizen and an active participant in the communities in
which we live and work.
VISION
create greater choice in the domain of work, for the benefit of all concerned. As the
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world‘s leading provider of HR solutions – a business that has a positive impact on
Our aim is to give everyone involved with Adecco the opportunity to improve their
We are the world leader in connecting people both globally and locally with the talent
We seek those motivated to make change and know that, as partners we can help them
We offer life skills, career progression and specialized expertise. We continually seek
new approaches and we partner with the best trainers. We use technology to create
real advantages. We want associates and clients to truly benefit from working with us
Our responsibility is to connect people both globally and locally. To accomplish this,
we must be easily accessible by our clients and associates at all times. We must
provide them with a thorough understanding of how we can work with them and the
We encourage the situation where individuals have greater choice and want to work
with a partner who demonstrates they have the relationships and skills that fit their
exact requirements. We are confident that, as Adecco, we will help to inspire our
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The basic objective is to bring employers and job seekers in a common
platform.
Recognize and identify how theories and concepts that covered in MBA
To headhunt the people whose skills fit according to the job profile
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0295667 Director 11 December 2001
BOARD OF DIRECTORS
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COMPANY HISTORY
Super Overseas Private Limited's Annual General Meeting (AGM) was last held on 30
September 2016 and as per records from Ministry of Corporate Affairs (MCA), its
balance sheet was last filed on 31 March 2016
Super Overseas Private Limited's Annual General Meeting (AGM) was last held on
30 September 2017 and as per records from Ministry of Corporate Affairs (MCA), its
balance sheet was last filed on 31 March 2017.
Directors of Super Overseas Private Limited are Ashish Gujral, Ashray Gujral, Seema
Gujral and Anadya Gujral.
Super Overseas Private Limited (SOPL) traces its roots back 15 years to the
establishment of Garment Exports Established in 1995, was amongst the first in India
in Mercerized Garments,
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largely considered to be one of the toughest product categories Over the years, the
Company has attained a reputation for the manufacture of uncompromising quality in
‘top of the line’ knitwear, employing the best available fabrics/yarns.
SOPL has learnt to harness its design expertise, strong infrastructure base and
focused product profile to deliver a highly refined, quality product that reflects the
strong commitment of our company to our clients.
Company prides itself on its long-term relationships with several customers, that
have shown sustained growth over a period of time This is a testament to our strong
focus on client servicing, quality, product development, and adherence of timelines
Currently operating out of two units situated proximal to one another, in the Hosiery
Complex in Noida
INTERNSHIP PROFILE
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DESCRIPTION OF THE TASK
In the Recruitment process I have done both the INTERNAL as well as the
EXTERNAL hiring and recruitment.
In the Internal hiring , I have hired the employees for our own organization i.e.
Super Overseasfor different profiles such as:
HR RECRUITER
IT RECRUITER
US IT STAFFING
ADMINISTRATIVE EXECUTIVE
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PAYROLL
It is the list of a company's employees and the amount of money they are to be
paid.
I have studied about the basic breakup of the salary being made by the
company.
I have also learnt the practical as well as the theory part of PROVIDENT
FUND (PF) &EMPLOYEE STATE INSURANCE CORPORATION (ESIC).
I have also learnt how to update the PF as well the ESIC data.
I have also made the CHALANS for the PF as well as the ESIC.
DESIGNATION: HR MANAGER
EMAIL ID :
3.3WEEKLY REPORT
Name: Kajal Rani
Enrollment Number: 1703370013
Programme: MBA
Summer Internship Subject Area: RECRUITMENT & PAYROLL
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CHAPTER 4
INTRODUCTION OF RECRUITMENT
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RECRUITMENT
Recruitment refers to the process of sourcing, screening, and selecting people for a job
components of the recruitment process, mid and large size organizations generally
The recruitment process in India is designed in such a way that each candidate gets
the desired profile according to its own choice. Place the candidate from the right
profile, the best job recruitment agencies, the solution is the end of most Indian job
recruitment agencies.
The job recruitment agencies in India involves identifying those posts, preparing the
job description and person specification, advertising, management of the response, the
decisions, the appointment and action. This means that a lot of time and resources
Most recruitment agencies in India follow three stages in the recruitment process,
which are essentially short list of application, preliminary assessment and final
The recruiting India process may include a written test to judge the particular skills of
a candidate. In this case, the test must be carefully prepared, not to deviate from the
subject. Much can be found on the candidate's resume. A good presentation of his
resume is in an organized way and refined talk a lot on the individual. His mentality
Then the interview, which is an important and crucial part of the recruitment process.
The person who takes the interview of the candidate must be well prepared in
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advance. Concerns such as the location of the interview, the timing, structure of the
question of strategy, the style of taking the interview must be decided in advance, so
In addition, there are a number of things that must be taken into consideration in the
recruitment process. Until the final decision about a certain candidate is taken, it is
important to keep in regular contact with the candidate. The decision-making process
should not take too long to prevent candidates from taking any other occasion. An
applicant must be informed once the decision is made. He or she must say the entire
process of his appointment clearly with the details of all documents to be submitted. A
The recruitment process must be strong and justified and shall withstand external
scrutiny. Only a good job recruitment agency with a good understanding of the area
and the process can execute the same success. In India, most of the recruitment
agencies to understand the needs of clients and candidates and they work in a planned
Appropriate and effective recruitment strategies vary with each position. The length
In setting the timeline for your recruitment, consider the wording carefully- there are
If you specify a recruitment deadline, you may not consider any applications
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If you indicate the position will remain open until filled, you must consider any
after the specified date. When using this wording, it is critical to establish a
meaningful date.
Recruitment activities should include good faith efforts to solicit a diverse applicant
pool and affirm that race, sex, age, disability or veteran status will not be used to
discriminate.
All advertisements and position announcements should be consistent with each other,
Prior to recruiting for a position, ensure that you know what institutional policies and
If you wish to waive recruitment for faculty and unclassified positions, consult with
recruitment strategies for each vacancy. General guidelines for specific types of
Tenure-track Faculty
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Recruitment Resources:
Recruitment Resources:
community colleges.
POSITION ANNOUNCEMENTS
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Provides applicants, hiring departments and search committees with a general idea of
the nature of the position, the terms and conditions of appointment, salary range,
letterhead. Limit the announcement to one page, using the reverse side of the
page, if necessary.
nature of the position. Identify required and preferred qualifications so that you
Provide notification of the company's EO/AA policy, and identify contacts for
The recruitment industry has four main types of agencies. Their recruiters aim to
rule, the agencies are paid by the companies, not the candidates. The industries
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Also known as an employment agencies, recruitment agencies have historically had a
physical location. A candidate visits a local branch for a short interview and an
assessment before being taken onto the agency’s books. Recruitment Consultants then
endeavor to match their pool of candidates to their clients' open positions. Suitable
Remuneration for the agency's services usually takes one of two forms:
A contingency fee paid by the company when a recommended candidate accepts a job
with the client company (typically 20%-30% of the candidate’s starting salary), which
usually has some form of guarantee, should the candidate fail to perform and is
An advance payment that serves as a retainer, also paid by the company. In some
states it may still be legal for an employment agency to charge the candidate instead
of the company, but in most states that practice is now illegal, due to past unfair and
deceptive practices.
Such sites have two main features: job boards and a Resume/Curriculum Vitae (CV)
database. Job boards allow member companies to post job vacancies. Alternatively,
Fees are charged for job postings and access to search resumes.
In recent times the recruitment website has evolved to encompass end to end
recruitment. Websites capture candidate details and then pool then in client accessed
recruitment software and services to organizations of all sizes and within numerous
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industry sectors, who want to e-enable entirely or partly their recruitment process in
The online software provided by those who specialize in online recruitment helps
organizations attract, test, recruit, employ and retain quality staff with a minimal
amount of administration.
Online recruitment websites can be very helpful to find candidates that are very
actively looking for work and post their resumes online, but they will not attract the
to them through other means. Also, some candidates who are actively looking to
change jobs are hesitant to put their resumes on the job boards, for fear that their
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HEADHUNTERS
Headhunters are third-party recruiters often retained when normal recruitment efforts
have failed. Headhunters are generally more aggressive than in-house recruiters. They
may use advanced sales techniques, such as initially posing as clients to gather
employee contacts, as well as visiting candidate offices. They may also purchase
expensive lists of names and job titles, but more often will generate their own lists.
They may prepare a candidate for the interview, help negotiate the salary, and conduct
closure to the search. They are frequently members in good standing of industry trade
groups and associations. Headhunters will often attend trade shows and other
Headhunters are typically small operations that make high margins on candidate
placements (sometimes more than 30% of the candidate’s annual compensation). Due
to their higher costs, headhunters are usually employed to fill senior management and
While in-house recruiters tend to attract candidates for specific jobs, headhunters will
both attract candidates and actively seek them out as well. To do so, they may
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In-house recruitment
Larger employers tend to undertake their own in-house recruitment, using their
mentioned above, in-house recruiters may advertise job vacancies on their own
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THE RECRUITMENT PROCESS
SOURCING
Sourcing involves:
programs; and
may not respond to job postings and other recruitment advertising methods. This
initial research for so-called passive prospects, also called same-generation, results in
a list of prospects who can then be contacted to solicit interest, obtain a resume/CV,
and be screened.
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Suitability for a job is typically assessed by looking for skills, e.g. communication,
typing, and computer skills. Qualifications may be shown through resumes, job
hiring.
On boarding
PITFALLS OF RECRUITMENT
The job-seekers too, on the other hand, are in search of organizations offering them
employment. Recruitment is a linkage activity bringing together those with jobs and
those seeking jobs. In simple words, the term recruitment refers to discovering the
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source from where potential employees may be selected. The scientific recruitment
process leads to higher productivity, better wages, high morale, reduction in labour
turnover and enhanced reputation. It stimulates people to apply for jobs; hence it is a
positive process.
The number of persons to be recruited will depend upon the size of an enterprise. A
big enterprise requires more persons at regular intervals while a small undertaking
employs only a few employees. A big business house will always be in touch with
sources of supply and shall try to attract more and more persons for making a proper
selection. It can afford to spend more amounts in locating prospective candidates. So
the size of an enterprise will affect the process of recruitment
2. Employment Conditions:
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persons is more, then selection from large number becomes easy. On the other hand, if
there is a shortage of qualified technical persons, then it will be difficult to locate
suitable persons.
IMPORTANCE OF RECRUITMENT
Create a talent pool of prospective candidates that enables the selection of best
candidates to suit for the organizational need.
Reduce the probability of leaving the organization only after a short period of
time, once recruited and selected.
Meet the organizations’ legal and social obligations maintaining its workforce
composition.
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Increase organizational and individual effectiveness regarding application of
various recruitment techniques and taping different sources of recruitment
concerned.
SOURCES OF RECRUITMENT
Basically, there are two sources of recruitment. One is internal source and another is
external source. Every organization has the choice of choosing candidates from these
two kinds of sources, for its recruitment process.
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other hand they are also aware of qualifications, emotions, attitudes and
experience of their friends and relatives. For which they can make preliminary
judgments regarding the match between the job demand with their friends and
relatives in providing referral services.
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Advertisement: News paper job advertisement is the oldest method but still
pretty efficient for recruitment. It is cost effective and is still considered as one
of the best technique for many jobs, although many HRM professionals do not
believe in news paper advertisement. Web job advertisement is the modern
recruitment method and fully managed by the organization.
Data Banks: It involves collecting the resume of the candidates from sources
like Employment Exchanges, Educational Training Institutes and maintaining
a databanks.
METHODS OF RECRUITMENT
Recruitment methods are the means by which an employer organization reaches at the
potential job seekers. Recruitment methods are different from the sources of
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recruitment. The former is the means of establishing links with the prospective
candidates, whereas, the latter refers to the location where the prospective employees
are available. Dunn and Stephen have broadly classified three methods of recruitment.
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labor contractors and friends and relatives and so on to establish contact with
the job seekers.
RECRUITMENT PROCEDURE
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Since recruitment is the process of locating, identifying, and attracting capable applications
for available jobs in an organization. The process of recruitment comprises of the following
five steps:
Strategy Development: Once, an organization find out the size and quality of
candidates to be recruited, then a suitable recruitment strategy is developed.
The strategic considerations considers issues like whether to choose from
internal sources or hire it from outside. It also takes care of choosing
recruitment method, geographical area to be selected for searching the
candidates and include sequence of activities to be followed in recruiting
candidates.
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screening may vary depending upon the sources of supply and methods used
for recruitment. Preliminary applications screening, de-selections tests and
screening interviews are commonly used techniques for screening the
candidates.
PAYROLL
Payroll refers to the administration of employees' salaries, wages, bonuses, net pay,
and deductions. It consist of the employee ID, employee name, date of joining, daily
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incentives, pay for holidays, vacations and sickness, value of meals and lodging etc.
There are some deductions such as PF, taxes, loan installments or advances taken by
employee.
Payroll is administered on monthly basis and annual basis. While administrating the
monthly payroll basic salary, HRA, conveyance, and other special allowances such
mobile, etc are considered. There are some deductions which are provident fund
Deductions such as tax and loan/advances taken by the employee from organizations
are deducted only where applicable. Dearness Allowance and House rent allowance is
provided at a fixed rate stated by the employment law. Provident fund is deducted
from the gross salary of employee on the monthly basis as per the employment law,
which is provided later to the employee. Organizations also contribute the same
amount to the provident fund of the employee. Annual payroll consists of leave travel
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allowances, incentives, annual bonuses, meal vouchers/reimbursements, and medical
reimbursements.
policies. Some organizations provided the allowances on a fixed rate say 10% or 12%
PROCESSING OF PAYROLL
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by hand. These descriptions also include flowcharts of each process and coverage of
the exact controls that are most useful for each situation. Additionally, the chapter
covers the types of documents used to set up a new employee in the payroll system,
how to organize this information into a personnel folder, and how to process changes
The next three sections describe how the payroll process flows for specific types of
step-by-step, irrespective of the specific payroll system, in order to show the general
process flow. Though some of these steps will not apply to each of the processes
noted in later sections, it gives a good feel for how a payroll is completed. The steps
are:
a) Set up new employees. New employees must fill out payroll-specific information
as part of the hiring process, such as the W-4 form and medical insurance forms
that may require payroll deductions. Copies of this information should be set aside
paid for each payroll, but an employer must collect and interpret information
about hours worked for nonexempt employees. Having employees scan a badge
through a computerized time clock, punch a card in a stamp clock, or manually fill
in the last step, the payroll staff must summarize this information and verify that
employees have recorded the correct amount of time. This typically involves
having supervisors review the information after it has been summarized, though
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more advanced computerized timekeeping systems can perform most of these
tasks automatically.
d) Summarize wages due. This should be a straightforward process of multiplying
must be recorded for payroll processing purposes, since it may alter the amount of
supplier determine this information. Taxes will vary not only by wage levels and
tax allowances taken but also by the amount of wages that have already been
plans, while involuntary ones include garnishments and union dues. These can be
prospectively. The payroll staff must also track goal amounts for some deductions,
the payroll staff has issued manual paychecks to employees between payrolls.
termination. Whatever the case, the amount of each manual check should be
included in the regular payroll, at least so that it can be included in the formal
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payroll register for reporting purposes, and sometimes to ensure that the proper
each employee on a payroll register, which can then be used to compile a journal
entry for inclusion in the general ledger, prepare tax reports, and for general
calculations and deductions. This can involve a comparison to the same amounts
for prior periods, or a general check for both missing information and numbers
more commonly, through a computer printer, with the print outs using a standard
format that itemizes all wage calculations and deductions on the remittance
advice. If direct deposits are made, a remittance advice should still be printed and
issued.
l) Enter payroll information in general ledger. Use the information in the payroll
register to compile a journal entry that transfers the payroll expense, all
to which payments are to be sent and the amounts to be paid must be assembled,
handle these transactions. The IRS imposes a rigid deposit schedule and format
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o) Issue paychecks. Paychecks should, at least occasionally, be handed out directly
larger companies where the payroll staff may not know each employee by name,
and where there is, therefore, some risk of paychecks being created for people
register to complete.
Calculation of gross salaries and deductible amounts is a tedious task which involves
risk. Some of the organizations use the traditional manual method of payroll
organization opts for any of the following payroll processing methods available.
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Figure: Various Payroll Processes
MANUAL SYSTEM
Manual payroll system is the traditional payroll system which involves pen and ink,
computerized aids. The process was very popular when there were no computerized
Now-a-days it is only few small scale organizations in the remote areas that use the
manual payroll. Sometimes the construction industry and manufacturing industry also
use the manual payroll systems for the contractual labour, as theses contracts are on
daily/weekly basis.
There is full control in the hands of owner. But the process is tedious, time consuming
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ACCOUNTANT.
He/she is responsible for all the activities related to payroll accounting. He/she has the
The process adds costs to the organization. It involves paying someone who is
responsible for calculating the salaries of others. The financial control regarding
PAYROLL SOFTWARE
In today’s computerized environment, payroll system has also developed itself into
automated software that performs every action needed by the payroll process. It helps
in calculating the payable amounts and deductions very easily. It also helps in
generating the pay slips in lesser time. Automated calculations result in no errors.
It needs professionals to make use of the software for its efficient working.
PAYROLL OUTSOURCING
for all the activities of the payroll accounting. It saves time and cost for the
organization. If there is more number of employees (say more than 900-1000) in the
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Analysis of Payroll records, payroll taxes
professionals free themselves from the daily routine work and take part in the
it is merely treated as paper work division. Therefore they want to reduce the cost
In India payroll outsourcing is one of the HR processes and is being outsourced since
outsourcing.
Outsourcing organizations strive for providing cost saving benefits to their clients.
The organizations use its marketing division thoroughly to acquire more number of
clients and retain them. Payroll outsourcing does not provide much cost reduction but
it yield in high quality. Since compensation outsourcing requires lot of market survey
and industry knowledge, it is not easy for an organization to carry the tasks with its
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Figure: Benefits of Payroll Outsourcing
Outsourcing has benefited not only the service providers but also organizations and
economy of the country. It enables the management to focus on the core competencies
and strategic planning. It maintains the confidentiality of the pay package offered to
the track of law related to salaries and compensation; it is the outsourcing firm which
has to look after it. It offers qualitative results. It is very much time saving and cost
effective. It also offers legal protection as the outsourcing firm is responsible for all
Outsourcing firms enjoys the revenue benefits as the services are being offered to
MNCs. Service exports have caused the economic system to develop more and
contribute to GDP.
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Why Payroll Outsourcing
strategies and high qualitative results. Organizations has to deal with tax filling, they
have to adhere to the sate employment law. These complexities have force the
saving. The organizations are relieved from law regulations and tax formalities.
Cost-Effective
payroll process. It also includes the cost associated with payroll checks,
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Time Saving
Payroll outsourcing saves a lot of time for management. Time spent on
activities associated with payroll process can now be utilized for more
strategic roles. The organizations can focus on their strategic decisions and
business operation
companies are responsible for following rules, regulations and filing the
tax returns. They look after changes in the tax slabs and state jurisdictions.
business operation.
Profit Generation
Organizations can make use of new opportunities and utilize the time and
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Error Free
more prone to errors, but the service providers recruit professionals and
Qualitative Results
The survey also reported that 53% of the participant organizations outsource their
payroll processes and from those who outsourced 25% believes that it results in more
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focused strategic decisions. Most of the organizations agreed that it is cost-effective
measures.
A payroll is a company's list of its employees, but the term is commonly used to refer
to: the total amount of money that a company pays to its employees. A company's
records of its employees' salaries and wages, bonuses, and withheld taxes.
Payroll in the sense of "money paid to employees" plays a major role in a company
for several reasons.
From an accounting perspective, payroll is crucial because payroll and payroll taxes
considerably affect the net income of most companies and because they are subject to
laws and regulations (e.g. in the US, payroll is subject to federal, state, and local
regulations).
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IMPORTANCE OF PAYROLL
Payroll is an integral part of all organizations. The payroll department is not only
responsible for employees’ salary compensation, but it also plays a vital role in
protecting the company’s reputation by ensuring compliance with various legislations.
Too often, many view the payroll as merely a processing function. They fail to
recognize the importance of payroll and the mammoth effect it has on businesses.
Payroll affects every aspect of the organization, from the reputation of the company
right down to the morale of its employees.
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Uphold company’s reputation: In addition to the financial obligations that an
organization has towards its employees, the organization has to ensure that its
payroll activities adhere to the country's tax obligations and comply with
employment legislations. The efficiency of meeting tax obligations on time
and upholding of legislative laws can further establish the organization’s
reputation as a stable employer. With this value-added branding, it will
ultimately attract and retain the right pool of talent to the organization
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Cost to company (CTC)
Monthly salary
House Rent Allowance (HRA) – Metro cities -50% on basic & Non Metro
cities- 40% on basic.
Total / Gross
TAX SLAB
2 lakh – No Tax
lakh – No tax
3 lakh to 5 lakh – 10% tax
5 lakh to 10 lakh – 20% tax
Above 10 lakh – 30%
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COMPLAINCE OF BASIC SALARY BREAKUP
PROVIDENT FUND :
The current rate of interest (for financial year 2015-16) for an EPF account is
8.7% p.a. The rate of interest is subject to change every year, as announced
every year by EPFO.
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Marriage: A salaried person can withdraw for self, siblings and children. He
or she should, however, have completed a minimum of seven years of service
to withdraw 50% of contribution (thrice in a career).
The UAN is a single account number that will connect the multiple IDs associated
with an employer. With UAN, an employee can connect all his EPFO accounts to
make the process of PF withdrawal and transfer easier.
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Employees' State Insurance Scheme of India is an integrated social security scheme
tailored to provide social protection to workers and their dependents, in the organized
sector, in contingencies, such as, sickness, maternity and death or disablement due to
an employment injury or occupational hazard.
The ESI Act, (1948) applies to following categories of factories and establishments in
the implemented areas:
The ESI Scheme is mainly financed by contributions raised from employees covered
under the scheme and their employers, as a fixed percentage of wages. Employees of
covered units and establishments drawing wages upto Rs.10 000/- per month come
under the purview of the scheme for social security benefits. However, employees’
earning upto Rs.50/- a day as wages are exempted from payment of their part of
contribution.
Employees covered under the scheme are entitled to medical facilities for self and
dependents. They are also entitled to cash benefits in the event of specified
contingencies resulting in loss of wages or earning capacity. The insured women are
entitled to maternity benefit for confinement. Where death of an insured employee
occurs due to employment injury, the dependents are entitled to family pension
ADMINISTRATION
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employers, employees, the Central Government, State Governments, medical
profession and the Parliament.
A Standing Committee constituted from among the members of the Corporation acts
as the Executive Body for the administration of the Scheme. Administration.
The Director General who is the Chief Executive of the Corporation is also ex-officio
member of the Corporation and of its Standing Committee.
Besides the Hqrs.Office in New Delhi, the Corporation has 23 Regional Offices and
12 sub-Regional Offices at Vijayawada, Vadodara, Surat, Hubli, Pune, Nagpur,
Coimbatore, Madurai, Tirunelveli, Noida, Varanasi and Barrack pore and 844 Local
Offices and Cash offices all over the country for the administration of the Scheme.
The Medical care under the Scheme is administered by State Governments, who have
the statutory responsibility in this regard, except in Delhi State and Noida area of U.P.
Besides, the ESI Hospital, K.K. Nagar at Chennai, ESI Hospital, and Thakurpukur at
Calcutta and ESI Hospital at Nagda are also being run directly by the Corporation.
Medical Benefits: Full medical care is provided to an Insured person and his
family members from the day he enters insurable employment. There is no
ceiling on expenditure on the treatment of an Insured Person or his family
member. Medical care is also provided to retired and permanently disabled
insured persons and their spouses on payment of a token annual premium of
Rs.120/-
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Sickness Benefits:Sickness Benefit in the form of cash compensation at the
rate of 70 per cent of wages is payable to insured workers during the periods
of certified sickness for a maximum of 91 days in a year. In order to qualify
for sickness benefit the insured worker is required to contribute for 78 days in
a contribution period of 6 months.
KEY OBSERVATIONS
62
The recruitment process of Super Overseasis mostly fair and
transparent.
The company always tries to find out the best people for recruiting.
Company always prefers the people who have already completed the
Bachelor or Masters in any recognized public or private universities.
The Management always tries it best to find the best and suitable
person for employment.
Once the recruitment and selection process is done then the employees
are appointed based on their job description.
ACHIEVEMENT
63
Best exporters Award from AEPC
64
Supper Overseas pvt ltd ranked among the Iconic Brands of India 2017, by The
Economic Times
Supper Overseas pvt ltd biggest gainers in Brand Equity Most Trusted Brands
2016 List
Supper Overseas pvt ltd India CEO Mr. Sunil Duggal named Best CEO in
Garments Category for second year in a row
65
Supper Overseas pvt ltd bags AsiaStar 2016 Packaging Award for Supper
Overseas pvt ltd
Supper Overseas pvt ltd moves up six places; ranked 39 in BT500 ranking of
India's Most Valuable Companies for 2016
Supper Overseas pvt ltd ranked Best Healthcare Brand in Alternative Medicines
category, by WCRC magazine
66
Supper Overseas pvt ltd India Ltd ranked 26 in the list of Best Indian Brand for
2016
Supper Overseas pvt ltd bags the prestigious BrandZ Award; Ranked amongst
the Top 50 Most Valuable Indian Brands 2016
67
Premium ware
are crafted from the finest Egyptian or Pima cotton to the stringent
quality levels.
Fashions ware
Italy where they are the trend setters and close to the fashion 'n' quick
delivery subject to the changes as the order progress with innovative ideas & design in-puts.
Retail
price and the optimum efficiency in sewing to make the products more
Products
Mens / Boys
Polo
68
Crew Neck
Henley
Raglon
Hoody
V Neck
Fleece Jacket
Womens / Girls
Tee
Camisole
69
Embelished Top
Cap sleeve Top
Strap Tank Top
Vest
Fabrication
Single Jersey
Pique
Sheer Jersey
Interlock
Waffle
Ottoman
Flat Back Rib
Yarn Dyed Striper
Mini-Jacquard
Electronic Jacquard
Velour
70
Pointel
Sueded
Rib 1x1, 2x2
Verigated Rib
Cotton Fleece
Polyester Fleece
Production Capacity
Leadtime
71
Sales & Financial Performance
Rs (in Crores)
INCOME:
72
NET SALES 5592.29 5290.65 5750.00 5431.28 4870.08
Other Income 0 0 0 0 0
For the three months ended 30 June 2018, Superoversea pvt.ltd. revenues increased
16% to RS20.81B. Net income increased 25% to RS3.29B.
Net income benefited from Exceptional items decrease from RS145.4M (expense) to
RS0K. Basic Earnings per Share excluding Extraordinary Items increased from
RS1.50 to RS1.87.
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SWOT Analysis
Strengths
1. Employee friendly work culture and personnel policies
2. Efficient production process of plants
3. Fully integrated project management system
4. Decades of experience in the sector shows its credibility
5. Backing of Central Government
6. Efficient & timely completion of projects.
7. Project conceptualization, planning, and execution without any time and cost over
runs.
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8. Streamlined and transparent tendering system attracting global power equipment
manufactures.
9. In- house engineering skills.
10. Highly skilled and experienced human resources exposed to state of the art
technologies in power generation.
11. High operational efficiency and reliability
Weaknesses
1. Depleting input materials sources.
2. Govt intervention can often cause disruptions in operations.
3.Prices are determined by India's Act.
Opportunities
1.Huge demand and supply gap
2.Large opportunity in energy consultancy service
3.New sources of power generations
5. Broad base fuel mix by considering imported coal, gas, nuclear power, etc. ,with a
view
7. Backward integrate into cottonmining and secure long- term sources both in India and
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8.. Improve collections by trading, direct sale to bulk customer and active role in capacity
Threats
1. Rising cost of production
2.Huge competition from growing private sector firms
3. New and cleaner sources of power
4. Delayed SEB reforms and continuing financial ill-health.
8. Mismatch in fuel supply linkages for existing and future power stations.
10. Rising environmental concerns such as emission of Green House Gases, Stack
emission and ash disposal
OBJECTIVE
RESEARCH OBJECTIVES
The primary objective is to study, understand and analyze aspects related to various
HR Procedures of Recruitment and payroll at super overseas pvt. Ltd., Noida.
OBJECTIVES OF STUDY
To study the existing policy of super overseas pvt. Ltd. regarding Recruitment
and Selection process.
To know the satisfaction level of employees towards the existing recruitment and
selection process.
76
To identify the internal and external sources of recruitment and payroll
RESEARCH METHODOLOGY
Primary sources
Secondary sources and
Personal interview
77
is being gathered from personal interview of HR MANAGER, DIRECTOR
and discussion with the employees of PAYROLL department.
issue in history that was produced after that event, period or issue has passed. For this
report the information has been gathered from Annual Report, Job Description,
Published Material, Training Material and from the web site of Super Overseas
Management Services
Sampling Plan:
Sampling Method:
Sample Size:
RESEARCH METHODOLOGY
Secondary Data
Questionnaire
78
Multiple Choice
Close ended
Dichotomous
RESEARCH DESIGN
79
Sample size: 50 Employees
Research in common refers to a search for knowledge. Research can also define
- Clifford Woody
80
LIMITATIONS OF RESEARCH
Sample size was very small, and area of research was restricted to Ghaziabad only. So it
81
DATA ANALYSIS
82
DATA COLLECTION
The task of data collection begins after a research problem has been identified and the
research design has been chalked out. While deciding the method of data collection to
be used for the study, the researcher should keep in mind two types of data:
a. Primary data
b. Secondary data
Primary Data: The survey method is used to collect the primary data in this research
as it is the Analytical research to find out the shortcomings and area of improvements
according to the skill required for recruitment team. The data that is collected first
hand by someone specifically for the purpose of facilitating the study is known as
primary data. So in this research the data is collected from respondents through
QUESTIONNAIRE.
83
Secondary Data:
The secondary data is also used in a lesser proportion to find out the name and
designation of the employer who are working with this organization and the company
profile. Secondary data refer to information gathered by someone other than the
researcher conducting the current study. Such data can be internal or external to the
organization and accessed through the Internet or perusal of recorded or published
information.
Secondary sources of data provide a lot of information for research and problem
solving. Such data are as we have seen mostly qualitative in nature.
(ii). Internet.
(iii). Websites
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SAMPLING TECHNIQUE
SIMPLE SAMPLING
Simple sampling is a sampling process that utilizes some form of random selection. In
probability sampling, each unit is drawn with known probability, or has a nonzero
chance of being selected in the sample. Such samples are usually selected with the
help of random numbers. With probability sampling, a measure of sampling variation
can be obtained objectively from the sample itself. Simple Random sampling has been
adopted for this research. Under which we have considered the sampling which has
been done for a specific designated population, because here a small cluster of
professionals has been considered out of the total universe which has been divided in
small group like recruitment team & employee.
SAMPLE SIZE
Sample size refers to the number of items to be selected from universe to constitute a
sample. The sample size should be optimum as it should fulfill the objective of the
research.
40 Nos.- Total manpower strength is 450 and I have focused upon 10% of total
employees of DENAVE. (Covering each and every department).
85
SAMPLE AREA
The sample area refers to the universe to be studied under our research project. The
area denotes the place or the region to be studied and taken into research
consideration. Thus, the sample area chosen for this research project is Denave India
pvt ltd, Noida.
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CHAPTER 4
87
DATA ANALYSIS AND INTERPRETATTION
1. Strongly agree 20 50
2. Moderately agree 10 25
5. Can’t say 2 5
88
INTERPRETATION
Q2) Which internal source of recruitment is followed by the company and given
more priority?
89
INTERPRETATION
Internal Recruitment seeks applicants for positions from those who are currently
employed. S.No. Options No. % Responding
to above 1. Job Posting 10 25 asked
question, 2. Employee Referrals 10 25 50%
employees tell that
3. Internal Promotions 20 50
company prefers
internal 4. Transfer - - promotion as
internal source of recruitments. 25% employees tell that Employee referrals are given
due priority and rest 25% say that Job posting is preferred. Majority of employees
actually thinks that internal promotion is given priority and followed by company as
internal source of recruitment.
Q3) Which external source of recruitment is followed by the company and given
more priority?
90
S.No. Options No. %
1. Campus Interview - -
2. Advertisement 3 7.5
5. Agencies/ Consultancies - -
6. Employment Exchanges - -
INTERPRETATION
91
S.No. Options No. %
1. Internal 4 10
2. External 36 90
INTERPRETATION
Every organization has the option of choosing the candidates for its recruitment
processes from two kinds of sources: internal and external sources.
Responding to recruitment source question, almost all the employees tell that External
sources are relied upon when there is any immediate manpower requirement in
company. Analysis clearly represents that 36 out of 40 employees (90%) show that
External sources are prefer for immediate opening in organization but my study
suggests that internal hiring would be better option for immediate opening in
organization in which company can have sufficient knowledge about the internal
candidate and it is less costly
92
S.No. Options No. %
1. Patterned 20 50
2. Stress 5 12.5
3. Depth 10 25
4. Others 5 12.5
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INTERPRETATION
The PATTERNED INTERVIEW format has a structure to it. There is a set of pre-
determined questions that will be asked from each candidate for a position. The
STRESS INTERVIEW is the interview in which the interviewers try to 'discomfort'
the candidates in various ways and observe how they react to various difficult
situations. An IN-DEPTH INTERVIEW is a qualitative research technique that
allows person to person discussion. It can lead to increased insight into people's
thoughts, feelings, and behaviour on important issues. This type of interview is often
unstructured.Responding to the type of interview 20 out of 40 employees think that
patterned interviews are generally taken. 25% employees have the opinion that depth
interviews are often used. Rest believes that stress or any other type of interview is
being taken.
Q6) the recruitment and selection process of company meets the current and
legal requirements?
1. Agree 20 50
2. Disagree 5 12.5
3. Moderately 10 25
4. No opinion 5 12.5
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INTERPRETATION
Every organization has the option of choosing the candidates for its recruitment
processes. In this research most employees responded positively to this question.
They feel that the company follows different recruitment process for different
positions. Analysis clearly represents that 25 out of 40 employees (62.5%) show that
maximum employees are agree with this process whereas 10 out of 40 employees
(25%) did not like the current recruitment process whereas 12.5% were unable to
answer.
Q7) Are you happy with the salary what you offered by the company?
1. Yes 20 50
2. No 10 25
3. Can’t Say 10 25
95
INTERPRETATION
The basic focus of every organization is to satisfy the employees with its own
compensation plan. In this research most employees responded positively that they are
satisfied with their salary. They feel that the company has good compensation plan for
their employees. Analysis clearly represents that 20 out of 40 employees (50%) show
that maximum employees are satisfied with their Salary 10 out of 40 employees
(25%) did not like their current salary whereas 12.5% were unable to answer.
Q8) what were the sources of recruiting the candidates for your current client?
3. Reference 10 25
5. Others 5 12.5
INTERPRETATION
Every organization follows various sources of recruitment to acquire a good talent for
their organization. In this research I could find the various degrees of various sources
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of recruitment. Analysis clearly represents that 15 out of 40 employees(37.5%) show
that recruitment is done through Direct Walk Ins, 5 out of 40 employees(12.5%) show
that recruitment is done through Existing Database, 10 out of 40 employees (25%)
show that recruitment is done through Employee Referrals and 5 out of 40
employees(12.5%) show that recruitment is done through Internal Movement whereas
5 employees show that recruitment is done through other sources.
Q9) How do you think about Recruitment and selection procedure in your
company?
1. Satisfactory 25 62.5
2. Unsatisfactory 10 25
INTERPRETATION
97
Every organization has the option of choosing the candidates for its recruitment
processes. In this research most employees responded positively to this question.
They feel that the company follows a good recruitment and selection procedure.
Analysis clearly represents that25 out of 40 employees (62.5%) shows that maximum
employees are satisfied with this procedure whereas 10 out of 40 employees (25%)
are not satisfied with the current recruitment and selection procedure and 12.5% were
unable to answer.
Q10) Is any training session apart from the domain training provided?
1. Yes 25 62.5
2. No 10 25
INTERPRETATION
98
Every organization tries to enable their employees for their offered job position along
with a good compensation plan for which the organization provides Training. In this
research most employees agreed positively that they are provided training sessions
apart from the domain training. They feel that the company has good Training
programs for their employees.
Analysis clearly represents that 25 out of 40 employees (62.5%) show that maximum
employees are satisfied with the training program offered to them. 10 out of 40
employees (25%) did not agree on the training programs offered to them whereas
12.5% were unable to answer.
FINDINGS
99
Present employees of Super overseas pvt ltdare satisfied with recruitment strategy
of company.
Internal Promotions, Walk-in interview and Job Portals are mostly used
recruitment source.
Written test is not given weight age during selection process.
To some extent company has preset-criteria for sorting the candidate’s
applications.
Concerned departmental head is given special attention while selecting a
candidate of the department.
Employees are in the favour of reference check after selection of candidate.
Job Analysis prior to recruitment is not done so properly.
Succession Planning has mostly done in company.
Orientation/Induction is given to new joiners; still employees are in favour of its
improvement.
Present selection process in Super overseas pvt ltdand its procedure, tests and
interview type is good.
RECOMMENDATIONS
100
Payroll policies should be followed properly.
Both the sources of payroll internal as well as external should be given equal
importance.
The company should provide induction and orientation program after the process
of selection of employees.
The HR policy of the company should be clear and specific.
Time Management is very essential and it should ignored at any level of the
process.
CONCLUSION
101
lead theorganization in future. So the organization should give more emphasize on
selecting a person.
A person who can carry forwarded the organization in terms of development, values
and ethics. Mainly the precious resource for any organization is their
knowledge based efficient workers. The organizations should more cautious on this
issue to ensurethe quality and ethics.
So we can easily find out the Human resource practice, recruitment and selection
process, employee satisfaction and relations at is a very developed and effective one.
As a multinational company for making the process more effective A Super overseas
should analyze the recruitment and selection process of other multinational company
of home and abroad.
That can make Super overseas perfect in recruiting people and the company will get
efficient professionals, that will increased the productivity as well as revenue.
Developing plans in the dynamic situations demand critical analysis of the situation
and adhering to the core principal of the organization.
In this report, I have tried my level best to identify the whole recruitment, selection
and the payroll process used by Super overseas Management Services what and how
they recruit and select their employees. In this report I have implied my acquired
knowledge from HR courses and try to comply with the techniques and systems
followed by the company.
102
The companies in this industry should concentrate on the services that they provide in
the market to take this industry towards the success.
BIBLOGRAPHY
103
www.denave.com
www.google.com
Research Methodology -C.R.Kothari.
Personnel and Human Resource Management – P. Subba Rao, Himalaya
Publication
QUESTIONNAIRE
Kindly mark the most appropriate option, which gives the extent to which you agree or
disagree with the statement.
104
1. Strongly agree
2. Moderately agree
3. Strongly disagree
4. Moderately disagree
5. Can’t say
Q2) Which internal source of recruitment is followed by the company and given more
priority?
1. Internal Promotion
2. Employee Referrals
3. Transfer
4. Job Posting
Q3) Which external source of recruitment is followed by the company and given more
priority?
1. Campus interview
2. Advertisement
105
4. Walk-ins interview
5. Agencies/Consultancies
6. Employment Exchange
S.No. Options
Q4) 1. Strongly Agree Which source of recruitment
is relied upon when immediate
2. Agree
requirement arises?
3. Disagree
4. No Opinion
1. Internal
2. External
1. Patterned
2. Stress
3. Depth
4. Others
Q6) The recruitment and selection process of company meets the current and legal
requirement?
106
Q7) Are you happy with the salary what you offered by the company?
S.No. Options
1. Agree
2. Moderately
3. Disagree
4. No opinion
Q8) What were the sources of recruiting the candidates for your current client?
S no. Options
1. Yes
2. No
3. Can’t Say
Q9) How do you think about Recruitment and selection procedure in your company?
Sn. Options
1. Direct Walk In
2. Existing Database
3. Reference
4. Internal Movement
5. Others
107
Q10) Is any training session apart from the domain training provided?
Sn. Options
1. Satisfactory
2. Unsatisfactory
3. Can’t Say
108