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ORGANISATIONAL STUDY ON STAFFING IN BAJAJ ALLIANZ LIFE
INSURANCE.
INTRODUCTION:
Cognizant Technology Solutions Corp. is an
Americanmultinationalprovider of custominformation
technology, consulting andbusiness process outsourcing(BPO)
services. It is headquartered
inTeaneck,Bergen County,New Jersey, USA. Cognizant is included
in theNASDAQ-100and
theS&P 500indices.
Cognizant saw a period of fast growth during the 2000s, becoming
a Fortune 500 company in
2011.[2]In 2011, theFortune magazinenamed it as the world's
third most admired IT services
company afterAccentureandIBM.[3]In 2012,Cognizant has around
150,400 employees.[1]India
currently is the single largest employee base for Cognizant ,
with the headcount more than 100,000 in
March 2012.
The company that is now called Cognizant has its roots in The
Dun & Bradstreet Corporation, an
India-based joint venture betweenDun & Bradstreet(76%)
andSatyam Computers(24%).[5]Srini
Rajuwas the CEO of this company established in 1994.[6]Kumar
Mahadevaplayed a major role in
convincing D&B to invest $2 million in the joint venture.
DBSS was set up as an in-house technology
unit, and focused on implementing large-scale IT projects for
the D&B businesses
In addition to its headquarters and delivery center
inTeaneck,N.J., Cognizant has five additional
delivery centers in the United States of America:Bentonville,
Arkansas;Bridgewater, New
Jersey;Chicago, Illinois;Holliston, Massachusetts; andPhoenix,
Arizona. The company has more
than 150,000 employees globally, of which over 100,000 are
inIndiaacross 10 locations with a major
chunk inChennai. The other centres of the company are
inBangalore,Coimbatore,Gurgaon,Hyderabad,Kochi,Kolkata,[41]Mangalore(CoreLogic),Mumbaia
ndPune. The company also has local, regional and global delivery
centers in the UK,Europe,China,
The Philippines,Canada, Argentina, and Mexico. The leadership is
mainly based in the United States.
:
Cognizant (NASDAQ: CTSH) is a leading provider of information
technology, consulting, and
business process outsourcing services, dedicated to helping the
world's leading companies build
stronger businesses. Headquartered in Teaneck, New Jersey
(U.S.), Cognizant combines a passion
for client satisfaction, technology innovation, deep industry
and business process expertise, and a
global, collaborative workforce that embodies the future of
work. With over 50 delivery centers
worldwide and 130,000 employees as of September 30, 2011,
Cognizant is a member of the
NASDAQ-100, the S&P 500, the Forbes Global 2000, and the
Fortune 500 and is ranked among thetop performing and fastest
growing companies in the world.
MEANING OF STAFFING:
training and development is the field which is concerned with
organizational activity aimed at
bettering the performance of individuals and groups
inorganizationalsettings. It has been known by
several names, including human resource development, and
learning and development.
Training and development (T&D) encompasses three main
activities: training, education, and
development. Garavan, Costine, and Heraty, of the Irish
Institute of Training and Development, note
that these ideas are often considered to be synonymous. However,
to practitioners, they encompass
three separate, although interrelated, activities:[1][2][3]
http://en.wikipedia.org/wiki/Multinational_corporationhttp://en.wikipedia.org/wiki/Multinational_corporationhttp://en.wikipedia.org/wiki/Multinational_corporationhttp://en.wikipedia.org/wiki/Information_technologyhttp://en.wikipedia.org/wiki/Information_technologyhttp://en.wikipedia.org/wiki/Information_technologyhttp://en.wikipedia.org/wiki/Information_technologyhttp://en.wikipedia.org/wiki/Business_process_outsourcinghttp://en.wikipedia.org/wiki/Business_process_outsourcinghttp://en.wikipedia.org/wiki/Business_process_outsourcinghttp://en.wikipedia.org/wiki/Teaneck,_New_Jerseyhttp://en.wikipedia.org/wiki/Teaneck,_New_Jerseyhttp://en.wikipedia.org/wiki/Teaneck,_New_Jerseyhttp://en.wikipedia.org/wiki/Bergen_Countyhttp://en.wikipedia.org/wiki/Bergen_Countyhttp://en.wikipedia.org/wiki/Bergen_Countyhttp://en.wikipedia.org/wiki/New_Jerseyhttp://en.wikipedia.org/wiki/New_Jerseyhttp://en.wikipedia.org/wiki/New_Jerseyhttp://en.wikipedia.org/wiki/NASDAQ-100http://en.wikipedia.org/wiki/NASDAQ-100http://en.wikipedia.org/wiki/NASDAQ-100http://en.wikipedia.org/wiki/S%26P_500http://en.wikipedia.org/wiki/S%26P_500http://en.wikipedia.org/wiki/S%26P_500http://en.wikipedia.org/wiki/Cognizant_Technology_Solutions#cite_note-2http://en.wikipedia.org/wiki/Cognizant_Technology_Solutions#cite_note-2http://en.wikipedia.org/wiki/Cognizant_Technology_Solutions#cite_note-2http://en.wikipedia.org/wiki/Fortune_(magazine)http://en.wikipedia.org/wiki/Fortune_(magazine)http://en.wikipedia.org/wiki/Fortune_(magazine)http://en.wikipedia.org/wiki/Accenturehttp://en.wikipedia.org/wiki/Accenturehttp://en.wikipedia.org/wiki/Accenturehttp://en.wikipedia.org/wiki/IBMhttp://en.wikipedia.org/wiki/IBMhttp://en.wikipedia.org/wiki/Cognizant_Technology_Solutions#cite_note-3http://en.wikipedia.org/wiki/Cognizant_Technology_Solutions#cite_note-3http://en.wikipedia.org/wiki/Cognizant_Technology_Solutions#cite_note-3http://en.wikipedia.org/wiki/Cognizant_Technology_Solutions#cite_note-FY-1http://en.wikipedia.org/wiki/Cognizant_Technology_Solutions#cite_note-FY-1http://en.wikipedia.org/wiki/Cognizant_Technology_Solutions#cite_note-FY-1http://en.wikipedia.org/wiki/Dun_%26_Bradstreethttp://en.wikipedia.org/wiki/Dun_%26_Bradstreethttp://en.wikipedia.org/wiki/Dun_%26_Bradstreethttp://en.wikipedia.org/wiki/Satyam_Computershttp://en.wikipedia.org/wiki/Satyam_Computershttp://en.wikipedia.org/wiki/Satyam_Computershttp://en.wikipedia.org/wiki/Cognizant_Technology_Solutions#cite_note-nomodestambitions-5http://en.wikipedia.org/wiki/Cognizant_Technology_Solutions#cite_note-nomodestambitions-5http://en.wikipedia.org/wiki/Srini_Rajuhttp://en.wikipedia.org/wiki/Srini_Rajuhttp://en.wikipedia.org/wiki/Srini_Rajuhttp://en.wikipedia.org/wiki/Srini_Rajuhttp://en.wikipedia.org/wiki/Cognizant_Technology_Solutions#cite_note-Cognizant4BStartup-6http://en.wikipedia.org/wiki/Cognizant_Technology_Solutions#cite_note-Cognizant4BStartup-6http://en.wikipedia.org/wiki/Kumar_Mahadevahttp://en.wikipedia.org/wiki/Kumar_Mahadevahttp://en.wikipedia.org/wiki/Kumar_Mahadevahttp://en.wikipedia.org/wiki/Teaneckhttp://en.wikipedia.org/wiki/Teaneckhttp://en.wikipedia.org/wiki/Teaneckhttp://en.wikipedia.org/wiki/New_Jerseyhttp://en.wikipedia.org/wiki/New_Jerseyhttp://en.wikipedia.org/wiki/New_Jerseyhttp://en.wikipedia.org/wiki/Bentonville,_Arkansashttp://en.wikipedia.org/wiki/Bentonville,_Arkansashttp://en.wikipedia.org/wiki/Bentonville,_Arkansashttp://en.wikipedia.org/wiki/Bridgewater,_New_Jerseyhttp://en.wikipedia.org/wiki/Bridgewater,_New_Jerseyhttp://en.wikipedia.org/wiki/Bridgewater,_New_Jerseyhttp://en.wikipedia.org/wiki/Chicago,_Illinoishttp://en.wikipedia.org/wiki/Chicago,_Illinoishttp://en.wikipedia.org/wiki/Chicago,_Illinoishttp://en.wikipedia.org/wiki/Holliston,_Massachusettshttp://en.wikipedia.org/wiki/Holliston,_Massachusettshttp://en.wikipedia.org/wiki/Holliston,_Massachusettshttp://en.wikipedia.org/wiki/Phoenix,_Arizonahttp://en.wikipedia.org/wiki/Phoenix,_Arizonahttp://en.wikipedia.org/wiki/Phoenix,_Arizonahttp://en.wikipedia.org/wiki/Indiahttp://en.wikipedia.org/wiki/Indiahttp://en.wikipedia.org/wiki/Indiahttp://en.wikipedia.org/wiki/Chennaihttp://en.wikipedia.org/wiki/Chennaihttp://en.wikipedia.org/wiki/Chennaihttp://en.wikipedia.org/wiki/Bangalorehttp://en.wikipedia.org/wiki/Bangalorehttp://en.wikipedia.org/wiki/Bangalorehttp://en.wikipedia.org/wiki/Coimbatorehttp://en.wikipedia.org/wiki/Coimbatorehttp://en.wikipedia.org/wiki/Coimbatorehttp://en.wikipedia.org/wiki/Gurgaonhttp://en.wikipedia.org/wiki/Gurgaonhttp://en.wikipedia.org/wiki/Gurgaonhttp://en.wikipedia.org/wiki/Hyderabad,_Indiahttp://en.wikipedia.org/wiki/Hyderabad,_Indiahttp://en.wikipedia.org/wiki/Hyderabad,_Indiahttp://en.wikipedia.org/wiki/Kochihttp://en.wikipedia.org/wiki/Kochihttp://en.wikipedia.org/wiki/Kochihttp://en.wikipedia.org/wiki/Kolkatahttp://en.wikipedia.org/wiki/Kolkatahttp://en.wikipedia.org/wiki/Cognizant_Technology_Solutions#cite_note-41http://en.wikipedia.org/wiki/Cognizant_Technology_Solutions#cite_note-41http://en.wikipedia.org/wiki/Mangalorehttp://en.wikipedia.org/wiki/Mangalorehttp://en.wikipedia.org/wiki/Mangalorehttp://en.wikipedia.org/wiki/Mumbaihttp://en.wikipedia.org/wiki/Mumbaihttp://en.wikipedia.org/wiki/Mumbaihttp://en.wikipedia.org/wiki/Punehttp://en.wikipedia.org/wiki/Punehttp://en.wikipedia.org/wiki/Punehttp://en.wikipedia.org/wiki/Europehttp://en.wikipedia.org/wiki/Europehttp://en.wikipedia.org/wiki/Europehttp://en.wikipedia.org/wiki/Chinahttp://en.wikipedia.org/wiki/Chinahttp://en.wikipedia.org/wiki/Chinahttp://en.wikipedia.org/wiki/Canadahttp://en.wikipedia.org/wiki/Canadahttp://en.wikipedia.org/wiki/Canadahttp://en.wikipedia.org/wiki/Organizationhttp://en.wikipedia.org/wiki/Organizationhttp://en.wikipedia.org/wiki/Organizationhttp://en.wikipedia.org/wiki/Training_and_development#cite_note-Harrison-1http://en.wikipedia.org/wiki/Training_and_development#cite_note-Harrison-1http://en.wikipedia.org/wiki/Training_and_development#cite_note-IITD-3http://en.wikipedia.org/wiki/Training_and_development#cite_note-IITD-3http://en.wikipedia.org/wiki/Training_and_development#cite_note-IITD-3http://en.wikipedia.org/wiki/Training_and_development#cite_note-Harrison-1http://en.wikipedia.org/wiki/Training_and_development#cite_note-Harrison-1http://en.wikipedia.org/wiki/Organizationhttp://en.wikipedia.org/wiki/Canadahttp://en.wikipedia.org/wiki/Chinahttp://en.wikipedia.org/wiki/Europehttp://en.wikipedia.org/wiki/Punehttp://en.wikipedia.org/wiki/Mumbaihttp://en.wikipedia.org/wiki/Mangalorehttp://en.wikipedia.org/wiki/Cognizant_Technology_Solutions#cite_note-41http://en.wikipedia.org/wiki/Kolkatahttp://en.wikipedia.org/wiki/Kochihttp://en.wikipedia.org/wiki/Hyderabad,_Indiahttp://en.wikipedia.org/wiki/Gurgaonhttp://en.wikipedia.org/wiki/Coimbatorehttp://en.wikipedia.org/wiki/Bangalorehttp://en.wikipedia.org/wiki/Chennaihttp://en.wikipedia.org/wiki/Indiahttp://en.wikipedia.org/wiki/Phoenix,_Arizonahttp://en.wikipedia.org/wiki/Holliston,_Massachusettshttp://en.wikipedia.org/wiki/Chicago,_Illinoishttp://en.wikipedia.org/wiki/Bridgewater,_New_Jerseyhttp://en.wikipedia.org/wiki/Bridgewater,_New_Jerseyhttp://en.wikipedia.org/wiki/Bentonville,_Arkansashttp://en.wikipedia.org/wiki/New_Jerseyhttp://en.wikipedia.org/wiki/Teaneckhttp://en.wikipedia.org/wiki/Kumar_Mahadevahttp://en.wikipedia.org/wiki/Cognizant_Technology_Solutions#cite_note-Cognizant4BStartup-6http://en.wikipedia.org/wiki/Srini_Rajuhttp://en.wikipedia.org/wiki/Srini_Rajuhttp://en.wikipedia.org/wiki/Cognizant_Technology_Solutions#cite_note-nomodestambitions-5http://en.wikipedia.org/wiki/Satyam_Computershttp://en.wikipedia.org/wiki/Dun_%26_Bradstreethttp://en.wikipedia.org/wiki/Cognizant_Technology_Solutions#cite_note-FY-1http://en.wikipedia.org/wiki/Cognizant_Technology_Solutions#cite_note-3http://en.wikipedia.org/wiki/IBMhttp://en.wikipedia.org/wiki/Accenturehttp://en.wikipedia.org/wiki/Fortune_(magazine)http://en.wikipedia.org/wiki/Cognizant_Technology_Solutions#cite_note-2http://en.wikipedia.org/wiki/S%26P_500http://en.wikipedia.org/wiki/NASDAQ-100http://en.wikipedia.org/wiki/New_Jerseyhttp://en.wikipedia.org/wiki/Bergen_Countyhttp://en.wikipedia.org/wiki/Teaneck,_New_Jerseyhttp://en.wikipedia.org/wiki/Business_process_outsourcinghttp://en.wikipedia.org/wiki/Information_technologyhttp://en.wikipedia.org/wiki/Information_technologyhttp://en.wikipedia.org/wiki/Multinational_corporation
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Training: This activity is both focused upon, and evaluated
against, the job that an individual
currently holds.[3]
Education: This activity focuses upon the jobs that an
individual may potentially hold in the
future, and is evaluated against those jobs.[3]
Development: This activity focuses upon the activities that the
organization employing the
individual, or that the individual is part of, may partake in
the future, and is almost impossible to
evaluate
the process of changing anorganization, itsemployees,
itsstakeholders, and groups of people within
it, using planned and unplanned learning, in order to achieve
and maintain a competitive advantage
for the organization
The staffing process consists of following steps:-
1. Employee performs a job.
2. Employee leaves the organization they work for.
3. A need is identified (to replace the individual).
4. The need is structured (define what the organization
needs).
5. Find and identify individuals that may meet said need.
6. Interview those individuals.
7. Select the right candidate.
8. On boarding process for the new employee.
9. Employee performs a job... (Process continues).
SOURCES OF RECRUITMENT:
When organization is needed to fill a vacant organizational
position, the individual may come
from inside or outside the organization. There are two source of
recruitment as follows:
1. Internal sources
2. External sources.
The Internal source of recruitment means promotion of worker or
employee from lower
level to higher level. The recruitment process is carried within
the organization. Mostly this process is
used to fill vacancies of middle and top level personnel.
The External source of recruitment is used to fill vacancies at
lowest level or at the time of
expansion of the organization of the firm or where job
specification cannot meet by present
employees. The commonly used outside sources are as follows:
1. Contact through present employees.
2. Former employees.
3. Intermediaries.
4. Recruitment at gate.
5. Unsolicited Application.
6. Advertisement.
7. School, College, University and Technical Institution.
8. Employment Exchange.
9. Private Agencies.
10.Professional Bodies.
11.Personnel Consultant.
12.Part time employee.
http://en.wikipedia.org/wiki/Training_and_development#cite_note-IITD-3http://en.wikipedia.org/wiki/Training_and_development#cite_note-IITD-3http://en.wikipedia.org/wiki/Training_and_development#cite_note-IITD-3http://en.wikipedia.org/wiki/Training_and_development#cite_note-IITD-3http://en.wikipedia.org/wiki/Training_and_development#cite_note-IITD-3http://en.wikipedia.org/wiki/Training_and_development#cite_note-IITD-3http://en.wikipedia.org/wiki/Organizationhttp://en.wikipedia.org/wiki/Organizationhttp://en.wikipedia.org/wiki/Organizationhttp://en.wikipedia.org/wiki/Employeehttp://en.wikipedia.org/wiki/Employeehttp://en.wikipedia.org/wiki/Employeehttp://en.wikipedia.org/wiki/Stakeholder_(corporate)http://en.wikipedia.org/wiki/Stakeholder_(corporate)http://en.wikipedia.org/wiki/Stakeholder_(corporate)http://en.wikipedia.org/wiki/Stakeholder_(corporate)http://en.wikipedia.org/wiki/Employeehttp://en.wikipedia.org/wiki/Organizationhttp://en.wikipedia.org/wiki/Training_and_development#cite_note-IITD-3http://en.wikipedia.org/wiki/Training_and_development#cite_note-IITD-3
