The Indian retail market is of enormous size about US$ 401 billion. But organized retail is not so huge and it is at only US$ 24.1 billion. However, the opportunity for growth is huge —by 2015, the retail industry is expected to grow to US$ 804.06 billion. The Recruitment and Selection function of human resources has special significance in retail as the employees operate in a distinctive environment. This paper focuses on the recruitment and selection function in the Indian Retail Industry with specific emphasis on a live case.
Introduction to the Recruitment and Selection function every organization has the option of choosing the candidates for its recruitment processes from two kinds of sources: internal and external sources. The sources within the organization itself (like the transfer of employees from one department to other, promotions) to fill a position are known as the internal sources of recruitment. Recruitment of candidates from all the other sources (like outsourcing agencies etc.) are known as the external sources of recruitment.