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ORGANISATIONAL STUDY &

PROBLEM CENTERED STUDY

SPURRIN INNOVATION PVT LTD.


ORGANISATIONAL STUDY

INDUSTRY PROFILE
 A recruitment company is an intermediary between an
organization wishing to recruit (the client) and the individual
seeking a career move or temporary assignment (the
candidate).

 It is primarily a sales role, with high rewards for excellent


results.

 Largest global players in the recruitment industry are


Adecco, Manpower, Randstad, Allegis, Hays PLC, Kelly
Services, recruit staffing etc.
Cont.…
 Major industries targeted by recruitment industry
are:
 IT & IT Enabled services

 Finance, Banks & Insurance


 Public administration and education services
 Retail Industry
 Real estate
COMPANY INTRODUCTION
 Spurrin Innovation Private Limited is a Private
incorporated on 16 March 2015.
 It is classified as Non-Government Company and is
registered at Registrar of Companies, Bangalore.
 Its authorized share capital is Rs. 5,00,000 and its
paid up capital is Rs. 2,00,000
 Directors of Spurrin Innovation Private Limited are
Siddeeque Ahammed and Ravi Krishnan.
Cont.…
 Vision
To bring meaningful innovations to the society and build
things that matter

 Mission
At Spurrin, our mission is lasting impact as a partner of choice
for the world’s leading organizations by helping them to
define their digital strategy. Spurrin will be one among the
best places to work for and will continuously creating value to
its investors and stakeholders.
Cont.…

 Major Clients

Samsung, Goldman Sachs, JPMorgan chase, TAJ, khb,


Kongsberg, Altran, CloudFX, IIFL, Intuit, +GF+ Fratelli
wines, Hacker, Niyo, Whatfix, zscaler, AGS, KIVIGO,
Bizztor, Flock, Compassites, virtual clinic.
Cont.…
 Business Strategies

• Incentives and introductory discounts to current


customers if they find them new business prospects.
• Discount on tenth placement.

• Participate in recruitment fairs to generate new


contact.
Cont.…

 Services
• Recruitment Process Outsourcing

• On Demand Direct Hire

• Sourcing Services

• Consulting

• Applicant Tracking System


ORGANISATIONAL STRUCTURE
PERFORMANCE APPRAISAL
 Evaluate employees performance and
put remarks and ratings
- Excellent – Confirmation letter
- Average – extend probation period
- Poor – Termination letter
 HR prepare appraisal MIS report
 Evaluate in every six months and provide
increments and promotions
HR PRACTICES

 CTC restructuring
 Reward and recognition
 Unlimited compensation
 Team activities and quarterly outings
 Self-managed teams
 On-going training in relevant skills
SWOT ANALYSIS
STRENGTHS WEAKNESSES
• Service based on quality • IT infrastructure and
of service, not low prices. systems not yet structured
• Wealth of recruitment and implemented on a
knowledge, skills and professional level.
experience. • Majority of customers
• A good number of clients need to be developed
and candidates are from scratch, making it
attracted to Spurrin from potentially difficult to deal
the start, due to existing with sales and servicing
contacts. simultaneously.
• Full understanding of the • Lack of space in current
market. premises to take on
• Staffs’ networking skills. additional staff.
Cont.….
OPPORTUNITIES THREATS
• Current suppliers to target • Potential low take-up of
market are “jaded” from
clients.
recent hard times, so clients
are receptive to “fresh” • Established competitors
suppliers. may have more loyal
• Spurrin will be seen to ties with clients than
encourage the raising of
standards amongst other
research suggests.
recruitment agencies in • Loss or illness of key
India. staff.
• From the fifth year, to move
• Some clients will delay
into more senior and
lucrative areas of payment or attempt to
recruitment and account default on fees.
management.
PROBLEM CENTERED STUDY
TITLE OF THE STUDY
“ A study on employee absenteeism with reference to Spurrin
Innovation Pvt Ltd, Koramangala.”

OBJECTIVES OF THE STUDY


 To identify the reasons for absenteeism.
 To find out the reasons which motivates the employees to
minimize absenteeism.
 To study the employees working condition.
RESEARCH DESIGN

 Type of research - Descriptive Research


 Tools for Data Collection -
 Primary : Questionnaire, Direct Interview
 Secondary : Company Website,
Published Journals, Internet
 Sampling Technique - Convenience Sampling
 Statistical tool – Tables, Bar diagram and Pie
chart
FINDINGS

• Main reason of absenteeism is sickness


• Employees face long working hours
• Healthy work environment
• Work life balance
• Good relationship with superiors
• Opportunity in decision making
• Majority of employees are satisfied with the
leave policy of the company.
SUGGESTION

• Provide council
• Liberalize leave rules
• Appoint sufficient employees to reduce
workload
• Provide incentives
• Medical camps
• Strict disciplinary measures to reduce
absenteeism

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