Thursday, February 13, 2020
E-Recruitment in the banking Industry a comparative study in to the UK Dissertation
E-Recruitment in the banking Industry a comparative study in to the UK bank Lloyds TSB and Indian bank ICICI - Dissertation Example A primary research study which is composed of a combination of quantitative research survey and research interview was conducted to determine the factors that could significantly influence the e-recruitment practices in both banks. Based on the research findings, the three (3) significant factors that can affect the ability of the banks to maximize the full benefit of its e-recruitment practices includes: the unique recruitment practices in each bank, access to Internet, and the ability of the people to use the computers. To make Lloyds TSB and ICICI be able to maximize its full investment on e-recruitment platform, this study highly recommends the idea that the bank manager(s) should be able to design and implement strict policies with regards to the use of the banksââ¬â¢ e-recruitment process. In the case of Lloyds TSB, its bank personnel should redesign the banksââ¬â¢ existing e-recruitment practices to be more friendly in the sense that it should allow the bank personnel to get to know each candidate on a personal level. In the case of ICICI, its existing e-recruitment process is not highly dependent over the use of its official website. For this reason, one of the best ways to improve ICICIââ¬â¢s existing e-recruitment is for the bank to offer better online forms. Other study recommendation includes the need to simplify the online testing. Through the use of basic and simple IQ test, maths test, or English, the banks will have lesser risks of screening out individuals with positive work attitude and pleasing attitude and personality needed in serving the bank customers. It is also necessary to keep the actual design of the virtual recruiting environment simple and user-friendly. SPECIMEN ABSTRACT STUDENT NAME Kirandeep KAUR DEGREE MBA International Business DISSERTATION SUPERVISOR Richard Knight DISSERTATION TITLE E-Recruitment in the banking Industry a comparative study in to the UK bank Lloyds TSB and Indian bank ICICI DATE September 3rd 2012 KE YWORDS E-RECRUITMENT CULTURE RECRUITMENT METHODS ABSTRACT E-recruitment is pertaining to the use of information technology in the recruitment processes of each bank. Through the strict implementation of e-recruitment, each bank can speed up and improve the overall quality of the banksââ¬â¢ recruitment services. Banks like Lloyds TSB in UK and ICICI in India spent a lot of money on its e-recruitment platform. Among the common reasons why these two banks invested on e-recruitment is to get hold of the most highly competitive individuals to join the team, speed up, and further improve its existing recruitment services. A primary research study which is composed of a combination of quantitative research survey and research interview was conducted to determine the factors that could significantly influence the e-recruitment practices in both banks. Based on the research findings, the three (3) significant factors that can affect the ability of the banks to maximize the full benefit of its e-recruitment practices includes: the unique recruitment practices in each bank, access to Internet, and the ability of the people to use the computers. To make Lloyds TSB and ICICI be able to maximize its full investment on e-recruitment platform, this study highly recommends the idea that the bank manager(s) should be able to design and implement
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