Recruitment and Selection Practices of Bdo

RECRUITMENT AND SELECTION PRACTICES OF SELECTED EMPLOYEES OF BANCO DE ORO IN STA. ROSA LAGUNA A Research Proposal Presented to Faculty of the College of Business Administration and Accountancy De La Salle University – Dasmarinas In Partial Fulfillment of the Requirements for the Degree Bachelor of Science in Business Administration By Gelle, Jerica Joyce S. May 2013 ACKNOWLEDGEMENT First and foremost, the researchers give thanks to God Almighty for the wisdom and strength to finish this study. To the light, our God, who guided us through the way.To the following, grateful acknowledgement is also expressed. Dr. Oscar P. Lacap Jr. their God-given mentor. They take this opportunity to express their profound gratitude and deep regards forhis exemplary guidance, monitoring and constant encouragement throughout the course of this research proposal. The blessing, help, and guidancegiven by him time to time shall carry them along the way in the journey of life on which they’re about to embark. To their friends and families, they were a great source of support and encouragement.The researchers thank them all and wish them all the best in their lives. To their mothers and fathers, for their warm,kinds encourage, and love. To every person that gave them something to light their pathway, they thank them for believing in them. Gelle, Jerica Joyce S. TABLE OF CONTENTS PRELIMINARIESPage Title Page i Acknowledgement ii Table of Contents iii List of tables iv List of figures v Chapter 1. THE PROBLEM AND ITS BACKGROUND Introduction 1 Background of the Study 2 Theoretical Framework 3 Conceptual Framework 4 Statement of the Problem 5Hypothesis of the Study 6 Significance of the Study 7 Scope and Delimitation 8 Definition of terms 9 2. REVIEW OF RELATED LITERATURE AND STUDIES Foreign Literature 11 Local Literature 13 Foreign Studies 15 Local Studies 20 3. RESEARCH METHODLOGY Research Design 27 Population Frame and Description Respondents 28 Research Instrument 29 Data Gathering Procedure 30 Statistical Treatment of Data 31 BIBLIOGRAPHY APPENDICES Letter to Respondents Questionnaire Curriculum Vitae LIST OF TABLE Table Title/Description Page 1Response Code20 Perception of the firm Respondents 26 on the Extent of Implementation to Green Management Practice 3Summary of Assessment of the Extent26 Frequency of Implementation of Green Mangement Practice LIST OF FIGURES FigureTitlePage 1 Approaches to Being Green 4 2 Research paradigm of the study 5 3 Demographic Profile Distribution of the Firm- Respondent According to Nature Business 23 4 Demographic Profile Distribution of the Firm-Respondent According to Years of Operation 24 5 Demograhic Profile Distribution of the Firm-Respondent according toNumbers of Employees 25 Chapter 1 THE PROBLEM AND ITS BACKGROUND Introduction Recruitment is the process of searching for prospective employees and stimulating them to apply for jobs in the organization. In simple words recruitment can be defined as a ‘ linking function’-joining together those with jobs to fill and  those seeking jobs. (Edwin B. Flippo) For a successful recruitment of managerial or professional candidates most of the organizations recruitment practices include a systematic analysis of the job and the  labor  market  situations.Recruitment  is  vital  to  any management process  and failure in recruitment can create difficulties for any company including  an  undesirable  effect  on  its  prosperity  and unsuitable levels of staffing or skills. Inadequate recruitment can lead to labor shortages, or problems in  management decision making. Recruitment  is  however  not  just  a  simple  selection  process  but  also requires management decision making and wide-ranging planning to employ the most suitable manpower in an organization. Some people use the term â€Å"Recruitment† for employment.These two are not one and the same. Recruitment is only one of the steps in the entire employment process. And some of them use the term recruitment for selection. These are not the same also. The function of recruitment precedes the selection function and it contains only finding, developing the sources of prospective employees and attracting them to apply for jobs in an organization, whereas the selection is the process of finding out the most suitable candidate to the job out of the candidates attracted (i. e. ,recruited).Formal definition of recruitment would give clear cut idea about the function of  recruitment. Competition among business organizations for recruiting the best potential has increased focus on modernization, and management decision making. And the selectors aim to recruit only the best candidates who would ensemble the corporate culture, ethics and climate specific to the organization. The procedure of recruitment does not however end with application and selection of the right people but involves maintaining and retai ning the employees  chosen.Despite  a  well drawn plan on recruitment and selection and involvement of qualified management team, recruitment processes followed by companies can countenance significant obstacles in implementation. This research proposal is performed to let us have an idea on the effects of recruitment, how it affects the profitability and synchronization of the organization, and if improved recruitment policies in an organization would lead the organization to vigorous and elevated market. Background of the StudyAs of 30 September 2012 Banco De Oro has grown to be the largest bank in the Philippines in terms of assets, loans, and deposits. It leads market positions in most business lines. Banco De Oro today represents a firm consolidation of distinct strengths and advantages built over the years by the entities behind its history. Banco De Oro is an institution that honors its past, continues to improve on its present, and moves towards the future with confide nce and strength. It is a full service universal bank with one of the widest distribution networks.It has the ability to provide a complete array of industry-leading products and services including Lending (corporate, middle market, SME, and consumer), Deposit-taking, Foreign Exchange, Brokering, Trust and Investments, Credit Cards, Corporate Cash Management and Remittances in the Philippines. Through its subsidiaries, the Bank offers Leasing and Financing, Investment Banking, Private Banking, Banc assurance, Insurance Brokerage and Stock Brokerage services. Banco De Oro has been noted of its above average business growth.BDO is a member of the SM Group, one of the country's largest and most successful conglomerates with businesses spanning between retail, mall operations, property development (residential, commercial, resorts/hotel), and financial services. Although part of a family conglomerate, BDO’s day-to-day operations are handled by a team of professional managers and bank officers. Banco de Oro includes 740 domestic operating branches and 1,545 ATMs here in the Philippines. They also do services internationally they have 1 branch in Hong Kong and 19 remittance or representative offices in Asia, Europe, and United States.