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Abstract
In this day and age, employees or human capital is considered as most valuable assets in any company. The availability of skilled and efficient employees is very rare. Therefore recruitment process is the heart of any organization. Selection of right candidate for the described job is really a herculean task because it provides the way for the development and growth of any Companies. The best human capital availability in organizations makes them competitive advantage and as well as they become the real life blood of the organizations. Recruitment and selection lie at the heart of how businesses procure human resource required to maintain a sustainable competitive advantage over its competitors. Information technology essentially refers to the digital processing, storage and communication of information of all kinds. The IT sector is likely to give employment to 48.5 million people in India by 2022. The IT industry accounted for 8% of India’s GDP in 2020. According to STPI (Software Technology Park of India), software exports by the IT companies connected to it, stood at Rs. 1.20 lakh crore (US$ 16.29 billion) in the first quarter of FY22. This study mainly deals with various methods of recruitment process and vital problems faced in recruitment process in IT companies. The main objective of this paper is to identify common practices that companies follow to recruit and select employees. In this paper focuses on the various methods of recruitment process adopted in IT companies with controlling the recruitment cost, choosing right man for the right job with effective interviewing for the best selection and also focuses on how efficiently the IT sector follows the recruitment & selection processes along with the satisfaction level of IT professionals in select IT companies located in Hyderabad region of Telangana State. The study concluded that positive and effective recruitment practices are being followed by IT companies in Hyderabad.
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