An Analysis of Recruitment and Selection Process of BASIC Bank Limited.

Abstract

This internship report offers a comprehensive analysis of "the recruitment and selection process at BASIC Bank Limited." The paper also aims at providing useful insights into the bank's procedures, highlighting points of strength and weaknesses, and making strategic recommendations toward strengthening the entire recruitment and selection function. A brief overview of BASIC Bank Limited is provided at the beginning of the report, focusing on its values, mission, and organizational structure. After that, it dwells on the hiring and selection procedure in detail, covering every step right from the advertisement of the job to the ultimatehiring decision. Among the key deliverables are a robust recruitment structure that is consistent with the bank's goals and the gold standard of industry best practice. The research acknowledges the bank's commitment to diversity and inclusion as manifested in hiring practices supportive of candidates' equal opportunities. These encompass the bottlenecks that may occur in a selection process, as well as areas where the infusion of technology can further enhance efficiency. In addition to the emphasis on the importance of continuous development, the paper recommends projects to include regular training for hiring managers, along with the application of modern candidate assessment methodologies. These recommendations focus on smoothing the process of recruitment and selection, usinginnovative technologies in candidate evaluation, and enhancing employer branding forattracting better talent. The report emphasizes the need for flexibility and dynamism in the hiring approach, considering the ever-changing nature of the banking industry. Overall, this internship report will benefit BASIC Bank Limited significantly by offering a critical assessment of its recruitment and selection process with pragmatic recommendations for improvement that are aligned with the best practices in the industry.