PAPER ID:IJIM/V.I(IV)/77-84/12
AUTHOR: Ms. Rajni Dewan and Dr. Shashi Anand
TITLE : IMPACT OF MODERN TECHNOLOGY ON RECRUITMENT AND SELECTION PRACTICES IN PUBLIC SECTOR BANKS
ABSTRACT: Technological advancement is helping to overcome the communication barriers and also bridging the gap between the countries in general and people in specific all over the world. Technology is also helping the companies all over the world in managing changes in its operations/business and financial/banking industry is not an exception. This paper makes an attempt to explore the uses of technology in various public sector banks and also measures the impact of technology on recruitment and selection practices. A total 450 public sector bank employees were selected as a sample of the study. A self-prepared questionnaire was used to collect the responses of bank employees regarding the impact of technology on recruitment and selection practices. The results show that modern technology (internet, intranet, social networking websites and mobile technology) has significant positive impact on recruitment & selection in terms of time saving, cost saving, quality and transparency.
Keywords: Technological Advancement, Communication Barriers, Modern Technology