TITLE OF THE PROJECT

A Study of HR Practices in ITC

OBJECTIVE
The main objective of the study is as follows:

 To know the recruitment & selection procedures adopted in this company.

 To improve training and development programs used in the company.
 To know how the performance of the employees is being appraised.
 To provide better employee welfare.
 To increase the labor productivity.

PROBLEM STATEMENT

METHODOLOGY TO BE USED
The methodology includes the information of the feature of the bancassurance in the form of
primary data that had been received from the branch managers of the banks and the officers of
the LIC. It also includes the information’s from the related books & the related websites. The
study carried with the cooperation of the management who permitted to carry on the study and
provided the requisite data collected from the following sources.
 Primary data
 Secondary data

PRIMARY DATA
The information collected directly without any reference is primary data. In the study it is mainly
through conversation with concerned officers or staff members either individually or collectively.
Primary Research has been done to validate the information given in the project. This research
has been extensively done via visit to a bank (BANK OF India) and an Insurance company
(HDFC Standard Life Insurance). Interview from Rajesh Sheth, Marketing manager of Bank of
India and two SDM (Sales Department Managers) of HDFC Standard Life Insurance Mr. Rakesh
L. Singh and Shivaji Chandar Panchamukh have really proved helpful in completion of the
project.

SECONDARY DATA
The secondary data about the project is collected through various sources i.e.
 Books on the very topic.
 Various Websites.
 Newspaper Articles.
 Magazines containing the information about the topic.
Sampling Design
Sampling is necessary because it is almost impossible to examine the entire parent population
(i.e. the entire universe) various factors such as time available cost, purpose of study etc. make it
necessary for the researchers to choose a sample. It should neither be too small nor too big. It
should be manageable. The sample size of past 3 years is taken for present study due to time
limitation.

Frame work Analysis

To analyze the collected primary data Karl –Pearson’s correlation, Mean and ANOVA is used as
the statistical tool. The applications of this tool were identified as relevant to the objectives of the
study framed.