Professional Documents
Culture Documents
INTRODUCTION
In this case we are analysing the requirements of jobs on various
Observation Method-
Questionnaire MethodGetting the questionnaires filled from employees, their superiors and managers.
Interview Method-
he or she comes up with their own working styles, problems faced by them, use of particular skills and techniques while performing their job and insecurities and fears about their careers.
Engineering ApproachAccording to this approach the work or task of each employee is planned by the management a day in advance. The instructions for the same are sent to each employee describing the tasks to be undertaken in detail. The details include things like what, how and when of the task along with the time deadlines. Human Relations ApproachThis approach was propounded by Elton Mayo. He conducted the Hawthorne Experiments in this regard. The first experiment was Illumination test Second was bank wiring test Third was Relay experiment
Job Characteristics ApproachThe job characteristics approach was popularized by Hackman and Oldham. According to this approach there is a direct relationship between job satisfaction and rewards. They said that employees will be their productive best and committed when they are rewarded appropriately for their work. They laid down five core dimensions that can be used to describe any job - skill variety, task identity, task significance, autonomy and feedback. Skill variety Task Identity Task Significance Autonomy Feedback
Here in this case we would recommend the Job Characteristics ApproachBecause of the following reasons As propounded by Oldham and Hackman the rewarding for every job is very necessary as that motivates employees to be at their productive best In this case it is quite necessary to satisfy the core five dimensions as suggested by them
Skill variety there is a lot of skill variety required for various jobs at various levels. For eg: A Portfolio Manager must have skills like Evaluation of Firms, Shares, Bonds etc. whereas a Risk Manager would require skills of analyzing risk and assessing it and risk calculation at various levels of investment.
Task IdentityThe employees must foresee the probable outcome as it is a financial service firm, it would deal with other firms which require complete and reliable information and to fulfill this requirement each level of employees must work carefully so as to reach a set goal. Task SignificanceSince the firm under discussion is a financial service firm so whatever operations it carries out definitely would affect the firms consulting it for help on financial matters of their respective companies AutonomyEvery individual requires freedom and independence for performing such a tedious job with a peaceful mind
Feedback Feedback is quite necessary for a job in a financial firm because the employees must keep track of what they are doing and what they are actually supposed to do, the way of performing a task and the time of delivery of service.
Business AnalystJob DescriptionTo design and document workflow and excellence of the business unit.
To design and track business trends and make appropriate recommendations that helps business to foster.
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Job SpecificationMinimum 2-3 years of experience in a financial firm Analytical and mathematical skills should be well polished. Graduate in any discipline with know-how about finance
2.
Portfolio ManagerJob DescriptionEvaluating the firms, shares, debentures and bonds of a firm. And have knowledge about the current business and stocks scenarios around the world.
Graduate in Commerce/MIF/CA/CS
3.
Risk ManagerJob DescriptionSpecialization in sectors like risk calculation at various levels Risk assessment and evaluation of risk while investing in a firm or venture.
Job SpecificationMathematical, Analytical and Technical Skills Minimum 4 years of experience in this field Graduate in Commerce/MIF
Job SpecificationGraduate in Accountancy/ICAI/CA/CS pursued Minimum 5 years of experience Knowledge of Tally and MS Office.