Recruitment & Selection Process at Pantaloon: Rimt - School of Management Studies
Recruitment & Selection Process at Pantaloon: Rimt - School of Management Studies
Recruitment & Selection Process at Pantaloon: Rimt - School of Management Studies
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Pantaloon Retail (India) Limited
Industry Retailing
Founded India
Headquarters Mumbai
Life Style
Products
Website Pantaloon.com
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DECLARATION
Countersigned
……………….…………. ……………..……………
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ACKNOWLEDGEMENT
The concept of summer training being a part and parcel of MBA Curriculum is of great use to the
trainees. They get an opportunity to work in a company or organization and gain much needed
practical experience. I take this opportunity to express my acknowledgement and deep sense of
gratitude to the following personalities for rendering valuable assistance and guidance to me for
I owe my deep debt of gratitude to Ms. SANDYA ARORA HR who gave me full support and
guidance in the course of my training. Further, I feel honored and privileged to express my
MANAGEMENT STUDIES, co-operation and support during the preparation of the project,
In the end, I would like to thank all those people who helped me during the course of the project.
I shall always be inspired by all that I have learnt and will strive to put it in practical use.
Compiled by
Naminder Kaur
MBA – 3rd Sem.
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EXECUTIVE SUMMARY
The Project report is the result of six weeks training at Pantaloon Retail (India) Limited ,
course and it aims at providing a first hand experience of the industry to the students before fully
coming into the Corporate World. This training helps the students to view the World of Business
closely, which in turn widely influences their conception and perceptions. I was really fortunate
growing and professionally managed organization like Pantaloon Retail (India) Limited.
The project which was assigned to me was “RECURITMENT & SELECTION PROCESS
AT PANTALOON” and it require extensive study of various factors which effect the decision
making process of a customer. The training gave me a great deal of exposure and I found
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TABLE OF CONTENTS
CONTENTS
1. ACKNOWLEDGEMENT
2. EXECUTIVE SUMMARY
3. COMPANY PROFILE
6. RESEARCH METHODOLOGY
DEFINITION
DATA COLLECTION
TYPE OF DATA
SAMPLING TECHNIQUES
ABOUT QUESTIONNAIRE
LIMITATIONS
8. CONCLUSION
10. ANNEXURE
QUESTIONNAIRE
BIBLIOGRAPHY
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ABOUT PANTALOON
BOARD OF DIRECTORS
PANTALOON STRENTH
PRODUCT OFFERINGS PANTALOON
COMPANY STRATEGIES
FUTURE PLAN
ABOUT PANTALOON
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Pantaloon Retail (India) Limited, is a large Indian retailer, which is part of the Future Group,
and operates multiple retail formats in both the value and lifestyle segment of the Indian
consumer market. Headquartered in Mumbai, the company has over 1,000 stores across 71 cities
in India and employs over 30,000 people, and as of 2010, it was the country's largest listed
retailer by market capitalization and revenue.
With effect from 1 January 2010 the company separated its discount store business, which
includes the Big Bazaar hypermarket and the Food Bazaar supermarket businesses, into Future
Value Retail Ltd., its wholly-owned subsidiary, so that the company may be listed
independently.
The company’s brands include Pantaloons, a chain of fashion outlets, Big Bazaar, a hypermarket
chain and Food Bazaar, a supermarket chain. Some of the company's other regional brands
include, Depot, Shoe Factory, Brand Factory, Blue Sky, aLL, Top 10 and Star and Sitara.
A subsidiary company, Home Solutions Retail (India) Limited, operates Home Town, a large-
format home solutions store, Collection i, selling home furniture products and E-Zone focused
on catering to the consumer electronics segment.
Lines of Business
The company is present across several lines of business which have various formats (stores)
lywood, The Dollar Store (JV)
Fashion - Pantaloons, Central, aLL, Brand Factory, Blue Sky, Top 10, Fashion Station,
Big Bazaar, Lee Cooper (JV)
General Merchandise - Big Bazaar, Shoe Factory, Navras, Electronics Bazaar, Furniture
Bazaar, KB'S FAIR PRICE
Stock Information
Company Timeline
BOARD OF DIRECTORS
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Mr. Ashok Biyani Managing director
PANTALOON STRENTH
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The total retail sector in India is estimated at around USD 320 billion.
Estimated organized retail in India to reach 12% to 13% of the total retail market by 2010
with sales of Rs 1700-1800 billion.
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According to this year’s Global Retail Development Index India is positioned as the leading
destination for retail investment. This followed from the saturation in western retail markets
and we find big western retailers like Wal-mart and Tesco entering into Indian market.
India’s retail industry accounts for 10 percent of its GDP and 8 percent of the employment to
reach $17 billion by 2010. There are about 300 new malls, 1,500 supermarkets and 325
departmental stores being built in the cities very soon.
In organized retailing will grow faster than unorganized sector and the growth speed will
be responsible for its high market share, which is expected to be $ 17 billion by 2010-11.The
organized sector is expected to grow faster than GDP growth in next few years driven by
favorable demographic patterns, changing lifestyles, and strong income growth. This
organized retail sector mix includes supermarkets, hypermarkets discounted stores and
specialty stores,
departmental stores. For example, Spencer network has 69 stores, which includes seven
Spencer hypermarkets, three Spencer super markets and 49 Spencer .
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MAJOR INDUSTRY CONTRIBUTORS
Name US $ Million
Landmark (Lifestyle) 80
Trent 53
Subhiksha 44
Pantaloon is positioned as an entire family store and it deals in men’s wear, ladies wear and kid’s
wear. It mainly focuses on its Private label program me because the share of private label has
increased over the previous year and stands at nearly 75%. Below are some of the company’s
private labels:
MEN’S WEAR
John Miller
JM Sports
Bare Denim
Rig
Ajile
Lombard
Bare Leisure
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LADIES WEAR
Akkriti
Annabelle
Ajile
Rig
Honey
KID’S WEAR
Chalk
Bare 7214
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COMPANY STRATEGIES
PROMOTIONAL STRATEGIES
1. Green Card is passport to a whole new world of exclusive benefits and privileges.
2. Pantaloon continued to be the title sponsor for femina miss India 07 peagent
3. The company’s flagship format, pantaloons went in for an exiting makeover during the
year under review, the highlight being the signing up of style icons BIPASHA BASU &
PRICING STRATEGY
The largest player in the organized retail Pantaloon Retail came-up with 1500 -2000 sq ft no-
frills KB fair Price shops in this year. They propose to provide branded products at 10% less than
the Mrp and 20% off on the local brands, which is similar to what has been carried out in Big
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bazaar. Keeping costs down is clearly the cornerstone of policy at both chains. Pantaloon chief
Biyani ensures cheaper prices by keeping watch at every step.
Says Biyani: "We do three things -- buy directly from the manufacturers so that the middle man
is eliminated. We buy in cash and get a cash discount, and manage our stocks turns so that we
don't have money stuck up. The benefits are passed on to the customers.”
Cash discounts (for buying goods upfront in cash) on the other hand could range from 2 per cent
to 10 per cent. And the company pushes for a stock turn of 40-50 times a year for its food items,
and once a month for ready to wear.
Backward integration is the name of the game in Pantaloon stores -- and they help to keep costs
down dramatically. Almost 70 per cent of the ready-to-wear products in the store are
manufactured by the group's own garment units. As a result it is able to offer prices in ready-to-
wear that are virtually 30 per cent cheaper than competitors. They increase there margins by
pushing their own in-house labels.
POSITIONING STRATEGY
The first Pantaloons was opened in Gariahat in 1997. Over the years, it has undergone several
transitions. When it was first launched, this store mostly sold external brands. Gradually, it
started retailing a mix of external brands while at the same time introduced its own private
brands. Initially positioned as a family store, it finally veered towards becoming a fashion store
with and emphasis on youths and clear focus on ‘FRESH FASHION’. .
FUTURE PLAN
Leading Indian retailer Pantaloon Retail India Ltd has announced that it would sell
shares and warrants to investors and founders of the company to raise over $300 million
and also sell 10% of Future Capital Holdings.
Planning to start its own company parlors at its Big Bazaar outlets.
5. PANTALOON announced its plans to form a joint venture with ITALY based
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GENERALI group to tap insurance sector.
PROCESS IN
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PANATALOON
Steps of Recruitment
In PANATALOON, the vacancy for any post created from two kinds of sites
Old Site: The old site is one where the PANTALOON is operational
and the vacancy in this forwarded to HR by Operations Dept.
New Site: The new site is one where PANATALOON have to start the
new business. The vacancy may be forwarded by Business
Development Dept
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As soon as the HR receives the initial intimation of vacancy, the HR sends
the Manpower Requisition Form which needs to be filled by the concerned
Top Management AGM/ DGM/ GM/ Sr.GM/ VP/ Sr VP
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HR Department finds the candidates according to the Job description
provided in Manpower Requisition Form. Through the various sources as
follows:
E – RECRUITMENT
CONSULTANTS
EMPLOYEE REFERRALS
INTERNAL JOB POSTING
NETWORK RECRUITMENT– THROUGH AGENTS
EXTERNAL AD – PAMPHLETS
INTERNAL ADVERTISEMENT
WALK – IN
Then CV’s short listing process starts by the HR Department. After this
process, the short listed candidates are contacted by:
Telephone call
Email Intimation
References.
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They are given the date, time and venue for the interview and need to carry
a hard copy of the resumes.
The 1st round of the interview is taken to judge the candidate’s personal
back round, total experience; take home salary, knowledge about related
field, Job profile etc. If the interviewer founds that a candidate is suitable for
the post then the candidate is send for the next round.
If the candidate is from operations then he has to give the technical round
for checking his technical qualification. If he clears the technical round then
he will send for next round.
The ideal turn around time to close a position for different levels is
mentioned as under:
And induction process will be start, to give the full information about the
PANTALOON. After this the employee site will be given for joining the
post. Detail explanation given below about Interview rounds, Selection
process, and Induction process.
INTERVIEW PROCESS
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DOCUMENTS
CV
Candidate carries with him of interview
SELECTION PROCESS
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CANDIDATE FINALISED: Once a candidate is finalized, he has to submit the
following documents:
Last salary slip
Last appointment letter
REFERENCE CHECK: After the submission of slip and the appointment letter,
the candidate has to give the names and contact details of two professional
references from his current company/any of the previous companies where
he has worked earlier...
A telephonic call is made to the persons and the following is checked:
Education background
Professional Background
Personal background
Interpersonal skills for the formalities.
OFFER ROLL OUT: After checking all the references, if the candidates are
found suitable, the offer letter is rollout to the candidate for joining.
(Annexure no. 3)
Joining& Induction
Joining; the candidate joins on the date mentioned in the offer letter and he has
to submit the following documents.
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1. Recent Passport size colored photograph: 6nos
6. Copy of passport.
7. Identity proof.
8. Residence Proof.
9. Medical Certificate.
INDUCTION PROCESS
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Distribution of Induction Manual + HR Manual
Distribution of stationery
2 PF Form No.2
4 Mediclaim Form
6. Gratuity Form F
Welcome Address by GM – HR
Round at HO
APPOINTMENT LETTER
Appointment Letter & Posting Order is given to the new joinee on the completion
of the induction process on the with in one week.
(Annexure no. 2)
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Candidate Residence
Name Location
Posting at Current
Company &
Designation
FACTORS 1st Round 2nd Round 3rd Round 4th Round 5Th Round
Educational Background
Academic/ Professional//Technical background
Work/Related Exp:
Total experience in relevant area.
Communication:
Clarity of verbal communication and method & manner
of speech.
Potential
Ability to meet job expectations and develop within the
organization.
Grooming
Suitably and neatly dressed. Maintaining the required
poise, posture and grooming necessary for the job.
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FACTORS 1st Round 2nd Round 3rd Round 4th Round 5Th Round
Leadership Ability
Ability to take responsibility, set directions take
initiative and inspire team members to produce
desired results and lead to team development
Analytical Ability
Ability to analysis information and respond with
workable decisions
Creativity
Involvement in extra-curricular activity.
Whether having a creative bent of mind
System Orientation
Computer literacy. Exposure to any related software
usage. Exposure in ERP
Column Total
OVERALL COMMENT
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Round 3 (Functional Head) Date:
Nature of Employment
Permanent Probation
Contractual Others Specify
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Expected CTC Date of Joining
(Annexure no. 1)
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(To be filled by the candidate)
Candidate Background
Name
Present Address
Permanent Address
Contact Numbers (Mobile & Landline)
E mail id
DOB
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Current CTC
Expected CTC
Other Details
Your Hobbies
Computer Proficiency
Are you open to relocation
Family Members
Name of the member Name of the member and his/her occupation
Mother
Father
Brother
Sister
(Annexure no. 5)
Feedback on Recruitment
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Name: Position selected: Resident Location:
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(Annexure no. 4)
APPOINTMENT LETTER
Date…………………
Mr………………..
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Address…………….
…………………………
………………………….
Letter of Appointment
Dear Mr………………..
With reference to your application and subsequent interview with us, Management is hereby
pleased to appoint you in our organization from ……………….. on the following terms &
conditions:
2. PLACE OF POSTING: You will be posted at our site office in …………... However, at any
time during the period of appointment, you will be liable to transfer in such other capacity
that the Company may determine to any other Department/Branch/Establishment or any
other Company under the same management without adversely affecting your
emoluments and general conditions of service.
3. GRADE: You will be placed in Grade ………. as per the structure of the company.
5. REMUNERATION: You will be entitled to the following remuneration per month, subject
to the express condition of fulfillment of service conditions:
Apart from the above, you shall be entitled reimbursements of Medical, Telephone,
Conveyance as applicable to your grade and as per the rules prevailing of the company.
Contd---
Other annual benefits/perquisites like Leaves, Provident Fund, LTC, Bonus etc. will be
admissible as per your grade and company policy.
Your remuneration will be revised from time to time at the sole discretion of the
Management. All promotions also shall be at the sole discretion of the Management and
will be based on performance and results.
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6. PROBATION: You will be on probation for a period of six months from the date of
joining service. Based on your performance and conduct, this period may be increased or
decreased at the sole discretion of the Management and unless an order in writing is
given to you, you shall not be deemed to have been confirmed.
7. SEPARATION: During probation or extended period(s) thereof, either side can terminate
this contract by giving a notice of fifteen days or payment of equivalent portion of basic
salary in lieu thereof. Subsequent to confirmation, either side can terminate this contract
by giving a notice of one month or payment of one months’ basic salary in lieu thereof.
8. RETIREMENT: You shall retire from the services of the company on attaining the age of
sixty years on the basis of the age submitted by you, subject to your being medically and
mentally fit.
You are expected to discharge the duties assigned to you from time to time with due
diligence, integrity and responsibility to the entire satisfaction of the management and
also maintain high standard of work expected of you by the Company.
Your appointment in the Company is full time and you shall devote yourself exclusively to
the business of the Company. You will not engage yourself in any other gain full
employment or business (part-time or full time) as long as you are employed in the
Company. Any action contrary to this shall render your services liable for termination
without any notice or payment in lieu thereof.
You are required to deal with the Company’s money, materials and documents with
utmost honesty. If at any time you are found of moral turpitude or of any dishonesty in
dealing with the Company’s money, materials and documents, you shall render yourself
liable for termination without any notice or payment in lieu thereof.
You will not divulge or make public any information related to any aspect of the Company
to anyone not employed by the Company, indulging in such activity shall render you liable
for termination without any notice or payment in lieu thereof.
If any declaration given or information furnished by you to the Company are found to be
false or if you are found to have willfully suppressed any material information at any point
of time during your services with us, your services are liable to be terminated immediately
without any notice or payment in lieu thereof.
Contd---3
This appointment shall be subject to your being found and certified physically and
mentally fit. Further you are required to maintain yourself in a state of medical fitness
(physical & mental) In case at any particular point of time you are found medically unfit
during your services with the Company your services will be liable for termination without
any notice or payment in lieu thereof.
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In all matters not mentioned herein you will be governed by the rules and regulations of
the company in effect from time to time.
At the time of joining the Company, you are required to produce the following
certificates/documents:
Any disputes arising out of this contract would be settled in the court of law under Delhi
jurisdiction.
Please sign the copy of this letter as a token of your having accepted the same.
We welcome you once again to Family and trust your association with us would be a long and meaningful one.
For
General Manager - HR
Received & Accepted
……………………………….
(Annexure no. 3)
OFFER LETTER
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Date……………..
Mr………………….
Address…………….
……………………...
……………………..
Dear Mr. ……
With reference to your application and subsequent discussions you had with us, we are hereby pleased to offer
you the position of “………………….” in our organization.
The terms & conditions of your employment will be in line with those discussed and a detailed letter of
appointment will be given to you after you join us. As informed to you, your place of posting would be at in NCR
and it is transferable within and / or outside NCR to any of our sites / sister concerns in India.
You are requested to join on or before …………… at ……... at the address mentioned below, after which our offer
stands withdrawn, unless otherwise extended by the Management. Please report at the following address on the date
of joining
Vipul Facility Management Pvt. Ltd
Orchid Square,
Gurgaon
Please bring the following documents (along with originals for verification) at the time of joining:
Please return the copy of this letter duly signed as a token of your having accepted the same.
Yours faithfully,
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PROJECT OBJECTIVES
AND SCOPE
PROJECT OBJECTIVES
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How does right recruitment process helps in creating overall efficiency, cost
reduction, on time delivery with reference to external customer.
To explain the documentation used at the various stages of the recruitment &
Selection process.
Is the current recruitment process in line with the employee’s future career
planning and his potential?
PROJECT SCOPE
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To understand the complete recruitment cycle in pantaloon.
To help the company to determine how they make their recruitment and selection
programs more effective.
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RESEARCH
METHODOLOGY
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RESEARCH METHOLOGY
DEFINITION
According to Clifford Woody: -“Research comprises of defining
and redefining problems, formulating hypothesis (suggested
solutions), collecting, organizing, and evaluating data making
deductions and reaching conclusions and at last carefully testing
the conclusions to determine whether they fit the formulated
hypothesis”.
DATA COLLECTION
Primary data: - The primary data are those data, which are
collected afresh and for the first time and thus happen to be
original in character. There are some important methods :
Observation method
Interview method
Through questionnaires
Through Schedules
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Secondary data: - It means data that are already available
i.e., they refer to the data, which have already been collected
and analyzed by someone else. There are some important
methods:
Books, magazines and newspaper
Reports prepared by
TYPE OF DATA
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ABOUT QUESTIONNAIRE
The Questionnaire:
The questionnaire consisted of 13 questions, which were
combinations of Multiple, Open- Ended questions and on the
basis of 5 Likerts Rating Scales (Strongly Agree, Agree, Neutral,
Disagree, and Strongly Disagree).
LIMITATIONS
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The topic was such that it required vast and thorough study
necessitating complete enumeration of the organization and analysis
of several issues.
Some employees did not have in depth knowledge about their work
and were not able to give relevant information.
HIGHER LEVEL 3 5%
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20
18
16
14
12 lower level
10 middle level
8 higher level
6
4
2
0
1 2 3 4
GOOD 9 30%
AVERAGE 5 16%
NOT SATISFIED 2 7%
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50%
45%
40%
35%
30%
MANAGEMENT
25% HR MANAGER
DEPT. HEAD
20% SUPERVISOR
15%
10%
5%
0%
%
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B) WHAT TYPES OF SOURCES USED IN RECRUITING
LOWER LEVEL MANAGEMENT?
WALK IN 85
NAUKRI 2
CONSULTANT 3
EMPLOYEE 10
REFERAL
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ON THE JOB
OFF THE JOB
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C) WHAT TYPES OF SOURCES USED IN RECRUITING
MIDDLE LEVEL MANAGEMENT?
20
NAUKRI
10
EMPLOYEE REFERAL
CONSULTANT 70
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40%
35%
30%
25% 16 HOURS
24HOURS
20%
36HOURS
15% ABOVE 36
HOURS
10%
5%
0%
%
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D) WHAT TYPES OF SOURCES USED FOR RECRUITING HIGHER LEVEL MANAGEMENT?
CONSULTANT 24 95%
EMPLOYEE 6 5
REFERAL
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YES
NO
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E) ACCORDING TO LIKERT RATING SCALE: -
STRONGLY 8 27%
AGREE
AGREE 15 50%
NEUTRAL 3 10%
DISAGREE 3 10%
STRONGLY 1 3%
DISAGREE
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50%
45%
40%
35% STRONGLY
AGREE
30%
AGREE
25% NEUTRAL
20% DISAGREE
15% STRONGLY
DISAGREE
10%
5%
0%
%
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G) EMPLOYEES SATISFACTION
SATISFIED 27 90%
UNSATISFIED 3 10%
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SATISFIED
UNSATISFIED
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CONCLUSION
Most of the employees’ think that their training needs are well
aligned with their job profile.
Still some employees feel that the time taken to complete the
interview process is more and should be reduced.
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RECOMMENDATIONS AND SUGGESTIONS
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QUESTIONNAIRE
TRAINING AND DEVELOPMENT SURVEY FORM
Date of joining: -
Designation: -
Department: -
Qualification: -
1) Type of industry
* Manufacturing
* Service
* Any other
2) Sector
* Public
* Private
* Government
* Any other
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3) Do you know what is training?
*Yes * No
* Management
* Department head
* Supervisor
* 16 hours * 24 hours
* 36 hours * Above 36
Improvement etc. _
9) Training which have been imparted till now, was directly helpful to your
job and you acquired expertise in the subject(s)? Yes/No,
Please elaborate your views:
……………………………………………………………………………..
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11) In your opinion whether in House or outside the house training were
more result oriented or beneficial and why:
…………………………………….
………………………………………………………………………………
Training services?
………………………………………………………………….
………………………………………………………………….
BIBLIOGRAPHY
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BOOKS
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