The Process of Recruitment and Selection in a Developing Country: Case Study of a Bank in Bangladesh

Abstract

The objectives of the study are to assess and evaluate its existing recruitment and selection methods and provide some suggestions that can help Basic Bank in future for utilizing human resources as a distinctive competency. Basic Bank is one of the significant public sector employers in Bangladesh, which needs a large number of qualified, high potential and committed staff to attain the organization’s goals effectively. The result of the study shows that Basic Bank discourages the employee referral based recruitment process and it relies more on external sources of recruitment. It is also found that this bank has an extensive selection process consisting of CV screening, employment tests, interviews and background checks. At the end of the study some suggestions are made to review the recruitment and selection policies of Basic Bank that will lead to higher employee retention and improved organizational performance.