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It is a presentation on The HR Practices of Best places to work. It is presented by Sravani Lakshmi, Shanky Jaiswal, Karan Khanna, Kuldeep Indeevar, Manish Kumar Verma and Madhusudan Partani of FMG ...

It is a presentation on The HR Practices of Best places to work. It is presented by Sravani Lakshmi, Shanky Jaiswal, Karan Khanna, Kuldeep Indeevar, Manish Kumar Verma and Madhusudan Partani of FMG 18A, FORE School of Management

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The Best HR Practices Presentation Transcript

  • 1. GROUP 5
  • 2. HR Practices ofbest places to work
  • 3. Meeting the Expectations
    Introduction
    Importance of HR
    Components of HR
    • Recruitment and Selection
    • 4. Training and Development
    • 5. Compensation
    • 6. Maintenance
    • 7. Working conditions and Retention
    • 8. Communication
  • Introduction
    Best Places to Work - one where employees
    trustthe people they work for,
    have pride in what they do, and
    enjoythe people they work with.
  • 9. Introduction
    Any practice that you devise to
    increase the competence,
    commitment and
    improve the culture building
    -www.coolavenues.com
  • 10. Introduction
    Measured by the quality of three, interconnected relationships
    • Employees and management
    • 11. Employees and their jobs/company
    • 12. Employees and other employees
  • Why HR is So Important
    It deals with Human~ One of the most important factor of production
     But very difficult to handle
    Deals in Selecting, Placing, Training, Appraising, Motivating, Communicating, Compensating and array of many more activities.
  • 13.
  • 14. Recruitment and Selection
    Google
    Proud to be Geeks
    Best Campaigning,
    Second Home: Attracts best talent
    Non Performance of Employee is regarded as Recruiters fault
  • 15. Recruitment and Selection
    Microsoft
    • Priority to thought process, problem
    solving, working habits.
    - Projects itself as a College Campus
    - Right Person rather than Right Skill
  • 16. Training and Development
    Boston Consultancy Group
    Every employee needs to meet Career development Committee twice a year- Proper Career development
    Business Essential Programme for Non-MBA hires
    Training by seniors to juniors.
    Ambassador Program
  • 17. Training and Development
    Google
    Minimum of 120 Hours of Training per year, 3 times Industry standard~ This provides competitive advantage
    Growth path for every Individual
    Free to choose any type of training for self-development
  • 18. Compensation - Monetary
    Novartis
    Pay for performance
    Annual Incentive Plan- based on prevailing rates
    Stock Incentive Plan- Long Term
    Health and Insurance Coverage
    2 weeks paid vacations
  • 19. Compensation - Non-Monetary
    Novartis
    Disability Coverage
    Life Insurance and Survival Income Plan
    Hughes Software Systems
    SNAP Award, Annual Achievement Award
    Presidential Award for Overall Excellence
    Philips Software Center
    Allowing employees to take 1 Dream Project
    Well furnished bed rooms for employees staying late nights
  • 20. Maintenance
    It deals in all the practices undertaken with an object to maintain satisfaction of an employee
    It Includes
    Working Conditions
    Retention
    Communication
  • 21. Working Condition and Retention
    Deloitte
    Gym, Yoga Room
    Coffee Day, Restaurants,
    Google
    Flexible Work hours
    Tele Commuting
    18 weeks bonding leave for mothers and 7 for fathers
    Seminars, Get-togethers themed with colors and creativity~ develops Sense of Belongingness
  • 22. Communication
    Google
    Job Satisfaction Surveys, Engineering Team Survey, and results are published in Newsletter
    In-House Blog
    TGIFs
    Also webcasted for people of other time zones and people missing it
    Mind Tree Consultants
    Ring Bell for winning project
    Selection of ‘Mind Tree Minds’ at random, and allowed to meet CEO for interaction, every 2 weeks
  • 23. Subex
    Feel The Pulse Meet- Where Seniors interact with juniors to review the growth.
    Philips Software Center
    Philips Yellow Pages , so that any employee can search for a specific domain person and clarify their doubts and learn anything
    Hughes Software Systems
    E-Greetings through Intranet
    Communication