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Write a report on effect of recession on recruitment strategy in banking industry Identify the recruitments trends in the banking sector (Dubai specific) during pre and post-recession and its impact on expat population wanting to build a career in banking sector in Dubai.The aim is to encourage you to work on a topic that is of common interest, as well as practically relevant. Since banking is one of the main sector over here in Dubai and recession has affected the banking sector you can do a comparison study on pre and post-recession.The groups are required to submit the assignment (Maximum 1,000 words) by October 5th, 2011. Below are the details of the flow chart of the project:a. A brief description of the rationale behind the topic. This should include the following:1. Problem statement2. Project objectives3. Expected benefits from the project/researchb. Methodology: This should include the following:1. Nature of data. You are encouraged to use both qualitative and quantitative data in your project.2. Some idea about the sources of data. There might be some constraints on obtaining organizational data but you can get it on assurance of confidentiality. Further there are secondary data also available. 3. A broad outline of how you analyzed the data. Make sure that you provide credit to the people/organizations whose work you have used in your project. You can use either of the following two ways to do so:c. Provide in-text citations of the source, and then provide a list of complete references at the end of your project.d. Use footnotes to provide complete references wherever you borrow other people or organizations' work.Some thoughts for the assignment
1. Procedure - channel What are the channels - Pre and Post-Recession?2. Explain present Hiring strategy -Mass recruitment / Replacement3. Recruitment strategy (pattern ) changed during the period 2006 - 20104. The effect of Internal / external environment on banks5. Impact of recession globally (200 words only)? USA ? India? UAE 6. Employee - Employer market - shift7. Advantage and Disadvantage of this change 8. Brain drain / cultural mix exchange 9. Factors other than recession that have an impact on recruitment in banks for example middle east unrest 10. Local hiring -Emiratisation11. Forecast for banks -prepared on present market12. What if another recession happens - what steps banks will take in recruitment strategy 13. Proposed future action on the recruitment process in the banking sector.
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