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POLICY ON APPOINTMENT / RE APPOINTMENT OF STATUTORY AUDITORS (SCA & SBA) & NORMS OF BUSINESS COVERAGE / SELECTION OF BRANCHES FOR THE YEAR 202324 & ONWARDS Central Bank of India (henceforth, the Bank)
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How to fill out policy on selection and

01
Start by reviewing the current policies and procedures related to selection within your organization.
02
Identify the key stakeholders who will be involved in the selection process.
03
Define the selection criteria based on the job requirements and organizational culture.
04
Create a detailed job description and person specification for the role.
05
Design an appropriate selection process that may include interviews, assessments, and reference checks.
06
Develop a scoring system to evaluate candidates objectively.
07
Communicate the selection process to all stakeholders including candidates.
08
Conduct fair and unbiased selection process ensuring equal opportunities for all candidates.
09
Make a final decision based on the selection criteria and notify the successful candidate.
10
Document the entire selection process including feedback for continuous improvement.

Who needs policy on selection and?

01
Organizations looking to hire new employees or promote existing employees.
02
HR departments responsible for recruitment and selection.
03
Managers and supervisors involved in the hiring process.
04
Candidates applying for job positions within the organization.
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The policy on selection refers to the guidelines and criteria established to determine how candidates or entities are chosen for a particular position, program, or opportunity.
Organizations or individuals who are implementing a selection process, typically employers, educational institutions, or regulatory bodies, are required to file the policy on selection.
To fill out a policy on selection, provide clear criteria for selection, outline the application process, detail the evaluation methods, and ensure compliance with relevant laws and regulations.
The purpose of the policy on selection is to ensure fairness, transparency, and consistency in the selection process, helping to eliminate bias and ensure that the best candidates are chosen.
Information that must be reported includes the selection criteria, the process for applying, the timeline for selection, and the rationale for decisions made.
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