Best HR Practices

Description
The PPT explaining on Best HR Practices and it contains topics like tata motors HR, introduction, HR initiatives, executive selection scheme, fast-track selection scheme, employee referal programee, awards; HUL introduction, HR intiatives; Ranbaxy introduction, HR initiatives,NTPC HR Practices,ICICI HR Practices.

? "When it [the stock market] values a mature, capital-intensive company like GE at 10 times its book value, it is seeing something of greater worth than the physical assets recorded in financial accounts” – Bartlett & Ghoshal (HBSWeekly Newsletter)

Evolution of HR practices in the Indian Corporate
?What is HRM? ?India’s changing HRM horizon ?Emphasis on employees ?HRM challenges ?Progressive HR policies ?Entrepreneurship by employees

Best HR Practices of Successful Companies
?Safe, healthy ad happy work place ?Open book management style ?Performance linked incentives ?360 degree performance feedback system ?Fair employee evaluation system ?Knowledge sharing ?Highlight performers ?Open house discussions ?Reward ceremonies ?The surprise factor

INTRODUCTION
? Part of Tata Group and headquartered in Mumbai ? Established in 1945 ? Formerly known as TELCO ? Around 50,000 employees ? Manufactures HCV, LCV, Passenger cars, MUV and Military vehicles ? World’s 4th largest truck manufacturer ? World’s 2nd largest bus manufacturer

Tata Motors – HR Initiatives
Tata SCIP (Second career internship) ESS (Executive Selection Scheme) FTSS (Fast Track Selection Scheme) Employee referral program BKY (Bhavishya Kalyan Yojana)

Tata SCIP
? Career transition management programme ? Focus on women professionals ? Live business projects – 500 hours spread over 6 months (flexi time basis) ? Stipend between 3 – 4 lakhs ? Mentor project guide ? Work/Project certificate ? Parent company offer
http://www.tatasecondcareer.com/index.htm

Executive Selection Scheme (ESS)
? Fast track program for accelerated growth ? Employee satisfaction, retention and talent recognition ? 3 stage selection process ? Promotion to manager’s level ? 4 months MEP at IIMA ? Mandatory rotation across departments
http://www.tatamotors.com/careers/ess.php

Fast Track Selection Scheme (FTSS)
? For TM1, TM2 and TM3 Level employees ? Jump of 2 levels on successful completion ? Only 3 chances ? Promotion in pay and designation ? Selection process
• • •



Written test Business simulation / Assessment Interview Work at different departments for 3 months at higher level

Employee referral program
? Involvement and participation of current work force ? Internal portal for posting the referral

? Monetary benefits

Bhavishya Kalyan Yojana (BKY)
? Unfunded defined benefit plan

? Death or permanent disablement while in service
? Monthly help of 50% salary drawn

Awards and recognitions
? Sanand plant wins Golden Peacock HR Excellence Award – 2011 ? Golden Peacock Award for Occupational Health & Safety - 2010 ? SAIL HR Excellence Award in “People Management Process” - 2009 ? “India's best Employer” by the Employees Provident Fund Organisation - 2003

INTRODUCTION
?India’s largest FMCG Company ?Headquartered in Mumbai ?Over 700 million consumers ?More than 15,000 employees, including 1,300 managers ?More than 200 highly qualified scientists and technologists ?Shares listed at BSE (Stock code - 500696) and NSE (Stock code – HINDUNILVR) ?Shareholder base of over 3.5 lakh

HUL – Product Portfolio
.

Code of Business Principles
Policies and programmes are based on the values as set out in our Code of Business Principles (CoBP) ?Formation of trust and respect ?Building mutually beneficial relationships ?Engaging in responsible management practices

HUL - Initiatives
Child labour Forced or compulsory labour Rights of indigenous people

Diversity
Affirmative Action

Facilities for full-time employees

HUL – HR Programs
Business Leadership Training programme : 15 to 18 month rural + international stint Leadership development : Providing diverse experiences via challenging roles and tasks through a rigorous and wellexecuted HR planning process Engaging future leaders : HUL and CNBC TV 18 started 'Lessons in Marketing Excellence‘- a series of Inter Business School marketing challenges Rural Programmes for Managers

HUL – Employee Engagement
CEO report back : Quarterly performance updates from the CEO to the employees
Young Managers Lunch with CEO : Every month the CEO few young managers and has informal chat sessions about the organisation and receives their feedback A Global People Survey (GPS) of all Unilever employees is conducted every 2-3 years.

HUL – Employee Engagement
Ur Say : An online portal through which employees can give suggestions addressed to the Management FM-Connect : All factories have FM-connect meetings that invites participation from all workmen

Hamara : In-house magazine provides a platform to employees to connect, inspire and express

About RANBAXY
?Started by Ranbir & Gurbax Singh in 1937 ?Headquarters: Gurgaon, Haryana ?Turnover (2010): US$ 1.17 billion ?Net income: US$ 256 million ?Global presence ?Parent company: Daiichi-Sankyo

The HR Practices
?Business with Integrity ?Attract & retain ethically committed employees ?Equal employment opportunity ?Maintain high Employer-Employee relations ?Career guidance ?Mentorship program

The Company Philosophy
?Putting people first ?Dr. M. B. Athreya’s strategic model ?Belief in:
? ? ?

Human resources and its development Optimum utilisation of human resource & Harmonious balance between business strategy & HRM strategy.

About NTPC
• Established in 1975 • Largest Power Company • Maharatna Company in 2010 • Total Installed capacity 34,854 MW • Target Installed Capacity 1,28,000MW by 2032 • 17.75% of total national capacity but contributes 27.40% to total generation due to high efficiency • “To enable our people to be a family of committed world class professionals” • Enhance employee satisfaction by Career Advancement & Opportunities, Rewards & Recognitions, Innovate, Create, Compete, Quality of Work-Life, Knowledge Management, Education Upgradation, T&D & Feedback • “To be the world’s largest and best power producer, powering India’s growth” • “Develop and provide reliable power, related products and services at competitive prices, integrating multiple energy sources with innovative and ecofriendly technologies and contribute to society” • NTPC Electric Supply Company Ltd. (NESCL) responsible for distribution and supply of power • NTPC Vidyut Vyapar Nigam Ltd. (NVVN) responsible for sale and purchase of power • NTPC Hydro Ltd. (NHL) responsible for developing small and medium hydroelectric plants upto 250MW

NTPC

HR Policies

Mission & Vision

Subsidiaries

Source: Company Website

HR Policies
• • • • “Grow your own Timber” Execs Training started in 1977 Nationwide exam + Campus 52 week fully paid induction training
Training Recruitment & Development

• Approx 26000 Employees • Employee training mandates minimum 7 man days of training per employee each year • Education Up-gradation Schemes • Employee Development Centers at 20 plants

Employee Retaining

Engagement

• Performance Management, Career Paths, Leadership Development Systems • Awards & Recognition

• National Open Competition for Exec Talent, Professional Circles (NOCET), Quality Circles, Business Minds, Medha Pratiyogita • Quarterly published journal “Horizon”
Source: Company Website/Annual Report

HR Policies
Safety Labor Unions T&D

Regular Internal and external Safety Inspection for each plant

For Executives: NTPC Executive Federation of India (NEFI)

Conducted 396 T&D programs for 9130 employees

Safety Task Force for Operation & Maintenance (O&M), Construction & Erection (C&E)

For Workmen: National Bipartite Committee (NBC)

Strategic Management Initiative for Leadership & Empowerment (SMILE) for 15 Exec Directors National Conference, Hands On Training for employees
Source: Company Annual Report

Accidents reduced by 30%

Constant dialogues between both unions for better performance

HR Policies
Welfare & Benefits Appraisal/ Rewards/Feedback

Reimbursement of children’s education, scholarships, Child care leave

360 degree Feedback System

Providing Schools, Hospitals, Clubs for Townships

Idea Portal of NTPC (IPoN)

Employee Healthcare & Post Retirement Healthcare benefits

Rewards system in line with recommendations from A.T. Kearney
Source: Company Website/Scibd

HR Awards & Recognitions
Ranked 19th by the GPTW for 2011 amongst 25 top Best Companies in India Ranked 6th amongst 25 top Best Employers in Country Exemplary Leadership Award to Shri Arup Roy Choudhury for People Excellence Star TV Talent Leadership and HR Award Two Awards for NTPC at Asia Best Employer Brand Awards

Great Places to Work Award 2010
NCPEDP-Shell Helen Keller Award 2009 Vishwakarma Rashtriya Puraskar (VRP) – 2007 Best Companies to Work For – 2009 SCOPE Meritorious Award for Best Practices in Human Resource Management Overall 7th in ‘India’s Best Companies to Work for 2010’, 1st amongst the PSUs and 1st in Manufacturing & Production Industry Segment.

Source: Company Website

Contents
1
About Us

2
3 4

Recruitment Process

Performance Appraisal & Recognition System

Other HR Policies

About Us
?second largest bank in India with total assets of Rs. 4,062.34 billion and profit after tax Rs. 51.51 billion for the year ended March 31, 2011 ?network of 2,538 branches and 6,810 ATMs in India ?a presence in 19 countries, including India ?NSE: ICICIBANK, BSE: 532174, NYSE: IBN

Banking Products & Financial Services
assets in loan sales corporate banking

marketing

operations

analytics

HR

Whom Do We Recruit ?

Induction Program
Laterals

? 7 – 14 days of induction program

Freshers

Performance Appraisal & Recognition System

• Recognition System • Area • Sector • Performance Appraisal

Feedback & Review System

? One-on-One Meetings with Managers ? Online Review System & Surveys ? Exit Interviews



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