Study Of Recruitment & Selection Policy In IDBI Federal Life Insurance Co. Ltd

Executive Summary

In today’s corporate and competitive world, I find that insurance sector has the maximum growth potential as compared to the other sectors. Insurance has the maximum growth rate of 70-80% while as FMCG sector has maximum 12-15% of growth rate. Despite recession this sector has noticed a growth rate of around 35-40%. The growth potential attracts individuals to enter this sector and IDBI-Federal Life Insurance Company Ltd has given me the opportunity to get a peek of highly competitive and enhancing sector.

Objectives of the Study

• To study the “recruitment and selection policy followed in IDBI Federal Life insurance company Ltd.
• To study the various sources of recruitment followed in IDBI.
• To learn what is the process of recruitment and selection that should be followed.
• To search or headhunt people whose skills fits into the company values.
• To induct outside with new perspective to lead the company.

Keywords:

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