Report On Recruitment and Selection Procedure of Southeast Bank
Report On Recruitment and Selection Procedure of Southeast Bank
Submitted to:
Asaf-ud-Daula
Lecturer
Department of Business Administration
Faculty of Business and Entrepreneurship
European university of Bangladesh
Submitted by:
Sanjida Hossain
ID: 170101011
BBA Program
Department of Business Administration
European university of Bangladesh
Date: 25/12/2020
Asaf-ud-Daula
Lecturer
Department of Business Administration
European university of Bangladesh
Dear Sir,
I have the honor to stat that I am submitting my internship report on the topic entitled “An
Analysis of Recruitment and selection procedure of Southeast Bank Limited”
I have tried my best to finish the report with the essential data and recommended proposition
in a significant compact and comprehensive manner as possible.
Therefore, I sincerely hope that you will appreciate my effort and I shall be grateful if my report
is accepted for the appropriate purpose.
Sincerely Yours,
Sanjida Hossain
ID: 170101011
BBA Program
Department of Business Administration
European university of Bangladesh
This is to certify that Sanjida Hossain, ID: 170101011is a student of European university of
Bangladesh. She has prepared her internship report under my instructions. The data and findings
presented in this internship report seem to be authentic. Thus, it is accepted for the presentation
in the internship defense.
I wish her every success in life.
Asaf-ud-Daula
Lecturer
Department of Business Administration
European university of Bangladesh
Here I’m declared that the report entitled An Analysis of Recruitment and selection procedure
of Southeast Bank Limited is prepared after completing all my courses under the expanded
supervision and guidance of Asaf-ud-Daula, Lecturer, Department of Business Administration,
European university of Bangladesh.
I also declare that this paper is my original work and prepared for the academic purpose which is
a part of my BBA and the paper may not be used in the actual market.
Sincerely,
Sanjida Hossain
ID: 170101011
BBA Program
Department of Business Administration
European university of Bangladesh
First of all, I would like to express my thankfulness to Almighty Allah for giving me the strength
and the serenity to finish the task within the planned time. Then I am really grateful to the
authority of SEBL for providing me relevant data and information to make this report. I got
genial cooperation from the personnel of SEBL. I would like to express my affable gratitude to
them for their cooperation, without which it would not be possible to complete the report.
I am obligated to a number of persons for their kind counsel, suggestion, directions cooperation
that enable challenging environment of the HR sector ultimately to prepare this report. Then I
like to thank from the nucleus of my heart to Asaf-ud-Daula, Lecturer, Department of Business
Administration, European university of Bangladesh for his excellent guidance which has helped
me preparing this report properly.
Despite the fact that there are some limitation Southeast Bank Limited HR attempting their best
to enter correct individuals at ideal time and in ideal place. I attempted my best to think to
compose all the enrollment and choice methodology of Southeast Bank Limited and suggested a
few issues for better HR system in Southeast Bank Limited.
Southeast Bank Limited has an enhanced and gifted Human Resource Division. HRD through
distinct and Systematic enrollment and determination techniques chooses and prepares up its
labor for accomplishing its definitive objective. This investigation is significant on the grounds
that we discover the strategies for Southeast Bank Limited can embrace and for enrollment and
choice and some proposals for their better impact later on.
Specific Objectives
1. To analyze the current recruitment and selection Process of Southeast Bank Limited;
2. To explore the recruitment and selection methods used by Southeast Bank Limited;
3. To identify the recruitment and selection steps and activities of Southeast Bank Limited;
4. To identify the problems in the recruitment and selection Process of Southeast Bank Limited;
5. To provide some recommendations to overcome the problems of recruitment and selection
Process of Southeast Bank Limited;
Methodology refers to the precise technique comprising of articulating the issue, defining
speculation, and gathering current realities or information, dissecting current realities, and
arriving at specific resolutions either as arrangements towards the concerned issue or in specific
speculations for some hypothetical detailing. It incorporates the way toward social occasion,
recording, and examining basic and pertinent realities about any issue in any part of human
movement. It alludes to basic hunts into the examination and examination of the issue/proposed
strategy/speculation or a hypothesis. The examination requires an orderly strategy from the
determination of the subject to the arrangement of the last report. To play out the examination,
the information sources were to be recognized and gathered, to be arranged, dissected,
deciphered, and introduced in a methodical way and central issues were to be discovered. The
general cycle of philosophy has been given below.
1.4.1: Data collection technique
Primary Data:
Secondary Data:
Which I have confronted while doing my report is talked about beneath: I didn't need to face, for
example, hard kinds of impediments during finishing this report. In any case, a few confinements
are consistently there in any sort of study. Here are a few impediments that I have looked at
Southeast Bank Limited, which are given underneath.
Lack of proper time is one of the major limitations for preparing this report.
Lack of enough experience
I have got my necessary information but some information is not given to me because of
Southeast Bank Limited was set in 1995 with a goal and vision to become leading company of
the country and furnish greatly to the prosperity of the financial sector. It was determined by the
foremost business characters and prominent organizations in Bangladesh with the portions in
different section of the national field of economy. The officeholder Chairman of the bank is Mr.
Alamgir Kabir, FCA, a professional Chartered Accountant.
Some efficient experts direct Southeast Bank. They’ve formed and developed an environment of
faith and methodical by which everyone motivates to work jointly for accomplishing the goal of
the Bank. It has been developed the employee for their further reputation, better in the face of
direction ambitions by the culture of the maintaining friendly environment. Promptness to
feature and superiority of the assistance is the trademark of their personality.
Southeast Bank Limited proves dignity for involving female in the field of banking sector
substantial amount for the gender equality. Now 19.24% so Southeast bank engages are women.
Chairman
and Board of
Directors
Board Division
President
MD's and Board Specialist
Secretaria Managing Affairs and Audit
t Director Share Inspection
Executive Division
Secretary Deputy
Managing
Director
Financial Human
Control Resource Card
Division Division
Division
Information
Technology
Department
Internati
onal
Division
The Authorized Capital of the Bank remains unchanged at Tk. 500.00 million. The Bank went
public and floated shares of Tk. 150 million in December of the previous year which was fully
subscribed, thereby raising the issued and paid-up Capital to Tk. 330 million. With the increase
of paid-up capital, the capital base of the Bank has become stronger.
Vision
A Bank with Vision is the motto of Southeast Bank Limited. The vision is to be the most
efficient financial intermediary in the country through reducing the investment and savings gap
of the economy by savings mobilizations and encourage the pace of industrialization. The
relentless journey to achieve that vision started in 1995, since the very inception of the Bank.
Objectives
Whether in treasury, consumer, or corporate banking, SBL is committed to provide the best.
Meeting the demand of discerning customers is not the sole objective. The Bank believes that to
provide standard financial services is to deliver a quality that makes every transaction a
pleasurable experience. The bank also believes that Customer is always right and in the core of
everything. So providing them friendly and personalized service, tailor-made solutions for
business needs, global reach in trade and commerce at the doorsteps and high yield on
investments are the core objectives of the bank. But the bank also tries to do the best in
conjunction with achieving the ultimate objective
Online Database
Advertisement in daily newspapers
Accept hard-copy submission of CVs in Human Resource Division
Occasionally from Job Fairs
Final Selection
Medical
Test
Appointment
The job description is a set of responsibilities that is the premise of Southeast Bank enlistment,
determination and position, preparing, execution examination, compensation organization,
advancement, and other faculty activities for its workers. The designating authority and the line
administrator will guarantee that every representative has a fitting and refreshed expected set of
responsibilities expressing obviously the unique situation, reason, organ gram, obligations, and
duties of the workers and individual determination. The set of working responsibilities will be
arranged and given to the worker when he/she is selected, advanced, recently doled out, or when
esteemed fundamental.
Successful enlistment consistently begins with the right determination of wellsprings of HR. An
enlisted worker who has not the correct expertise can't perform adequately. Accordingly, the
general presentation level makes certain to weaken which significantly affects organization
execution. Thusly, Southeast Bank has been on a ceaseless quest for powerful enlistment
sources.
Internal Sources:
It is Mercantile Bank's strategy to offer inclination to name inside competitors, given that
the worker is appropriately equipped for the empty or new position and furthermore
meets the current and future prerequisites. Arrangements might be made by the method of
advancement, up-degree, or move with the endorsement of the position. As a standard
technique, work opportunities in Southeast Bank will be publicized through an inward
notification to the concerned workplaces.
External Sources:
At whatever point work opportunities are needed to be flowed outside, the fundamental
target will be to draw in a pool of contender to apply from which qualified possibility for
Web site:
Modern information technology such as web site is also used for advertising job vacancy
of different positions.
Others:
Contingent upon conditions, other expert/work offices, specialized foundations, and
diaries might be picked to give more extensive inclusion of employment opportunities.
The part of HR staff is significant in managing outer occupation searchers in light of the
fact that the outcast people draw an impression about the organization on the way their
candidature has been managed.
HR office gathers employment forms against every opportunity declaration. There ought to
make some base memories period for application getting. The time frame ought to typically
associate with 10 days. All applications are consecutively numbered in HR. applications are
not acknowledged that are gotten after the cutoff time. Under exceptional conditions,
In Mercantile Bank, the proposition for employment is dependent upon breezing through a
clinical assessment directed by any indicative community. The clinical assessment is led once a
starter choice for enlistment is made yet the business offer has not yet given. The reason for a
In view of a positive report on wellbeing status from the clinical focus, and a positive reference
check, the competitor is chosen for arrangement. At this stage, the chose competitor is offered
work with Mercantile Bank. The arrangement authority of Southeast Bank gives an arrangement
letter to the chose competitors. The arrangement letter incorporates:
1. Job title, Grade/Step and Salary
2. Nature of appointment
3. Place of posting
4. Name of section or department
5. Effective date of appointment
6. Probationary period, conditions of confirmation and notice period
7. Ending date of employment
8. Southeast Bank standard terms and conditions
A current job description is also attached with the appointment letter. The appointment letter and
job description will become valid only after signing by the Director HR and the employee, in the
space provided for the purpose.
There is actually no organization in this world that is free from problems. Grameenphone is not
also free from problems. In Grameenphone I have found the following problems:
1. The world is changing and the recruitment process as well but, the Southeast Bank is
using the same methods and strategies.
2. Usually, the selection is a time-consuming procedure. All the processes go through the
decentralized decision-making process that takes more time to complete the whole
selection process.
3. The applicants send their resumes through bdjobs. These resumes are then sorted for
particular competencies. These sorted and varied resumes are then entered into the
database to weed out any probable entry mistakes. The whole process takes a
considerable length of time as the number of applicants often reaches a staggering
number.
4. When selection took place, The Southeast Bank Ltd loses more qualified candidates
because within this time most of the candidates joined other organizations.
1. I think Southeast Bank should develop their recruitment process for selecting the best
employee.
2. The Human Resource needs identification should be done by HR department rather than
divisional Head. It will facilitate the proper control of HR on different Branches and it
will be possible to procure the actual number of employees.
3. The CVs of applicants should be sorted based on degree or skill as early as possible
which will save valuable time to internal CV sourcing.
4. Southeast Bank should reduce the selection processing time otherwise the bank will lose
the best candidates.