Impact of ownership structure on e recruitment practices in Banks in Sri Lanka

Abstract

This study aims to identify the relationship between nature of ownership and level of adoptio recruitment practices in banks in Sri Lanka. The main objectives of the study were to examine the levels of e-recruitment practices currently adopted and to be adopted in the near future, perceived constraints and motives of e-recruitment and the degree of managerial perception on e practices, particularly in banking sector organizations in Sri Lanka, are among objectives. The study analyzed responses given by 46 managerial employees who are responsible for staff  recruitment in the respective banks in Sri Lanka. The study revealed that the patterns of adopting e recruitment practices among State Banks (SB), Local Private Banks (LPB) and Foreign Banks (FB) are varied, and LPB is toped. The study further revealed that though perception of HR practitioners, towards e-recruitment is positive in LPBs than FBs and SBs and perception among line managers and senior managers remain negative in all three sectors. Reduced time taken for hire and reduced administrative burden/paper work were identified as key motives while lack of knowledge and negative attitudes were identified as major constraints in practicing e-recruitment as a major source of recruitment in banking sector organizations in Sri Lanka. .