Corporate social responsibility encompasses how companies make their profits and what they do with them. It has evolved from being a nice-to-have to a must-have for companies. Companies that implement CSR stand to gain a reputation as being worth working for, investing in, and doing business with. A company's CSR policy should have top-level commitment, educate employees, and establish a dedicated CSR team. The document then outlines a company's internal and external CSR policies covering initiatives in production, staff provisions, donations, and a timeline for implementation.
Summary of Budget 2016 presented in slide format for grassroots briefing
View the website version here: http://www.singaporebudget.gov.sg/budget_2016/BudgetMeasures.aspx
Through our 6 years comprehensive business action plan and recommendations, we foresee an 11x growth in net income and 3x growth in customer reach for SELCO by the end of 2025. As a leader, I recommended an organizational structure change - from divisional to the matrix - ensuring smooth flow and higher efficiency being maintained as the organization grows.
Youth in agriculture: Entrepreneurial perspectiveAlok Sahoo
Youth in Agriculture : ARYA,, Entrepreneurial perspective in agriculture which can attract youth. Modernity with improved technologies which can attract youth..etc..
RPD Bites: Budget & COS 2019 Special Edition Yayasan MENDAKI
RPD Bites is a monthly scan covering issues and trends surfaced in various local mainstream media sources that would be of relevance to the Malay/Muslim community. It is compiled by the Research and Planning Department (RPD) of Yayasan MENDAKI.
The key highlights are:
1) The current system of streaming students into the Express, Normal (Academic) and Normal (Technical) streams will be phased out, and replaced by full subject-based banding.
2) Non-working mums finding a job, or with at least two children and caring full-time for a young child, will get enhanced childcare subsidies.
3) Almost 500,000 Singaporeans born in the 1950s will get healthcare benefits under the Merdeka Generation Package.
We hope that you find the information useful in assisting you in your efforts.
Summary of Budget 2016 presented in slide format for grassroots briefing
View the website version here: http://www.singaporebudget.gov.sg/budget_2016/BudgetMeasures.aspx
Through our 6 years comprehensive business action plan and recommendations, we foresee an 11x growth in net income and 3x growth in customer reach for SELCO by the end of 2025. As a leader, I recommended an organizational structure change - from divisional to the matrix - ensuring smooth flow and higher efficiency being maintained as the organization grows.
Youth in agriculture: Entrepreneurial perspectiveAlok Sahoo
Youth in Agriculture : ARYA,, Entrepreneurial perspective in agriculture which can attract youth. Modernity with improved technologies which can attract youth..etc..
RPD Bites: Budget & COS 2019 Special Edition Yayasan MENDAKI
RPD Bites is a monthly scan covering issues and trends surfaced in various local mainstream media sources that would be of relevance to the Malay/Muslim community. It is compiled by the Research and Planning Department (RPD) of Yayasan MENDAKI.
The key highlights are:
1) The current system of streaming students into the Express, Normal (Academic) and Normal (Technical) streams will be phased out, and replaced by full subject-based banding.
2) Non-working mums finding a job, or with at least two children and caring full-time for a young child, will get enhanced childcare subsidies.
3) Almost 500,000 Singaporeans born in the 1950s will get healthcare benefits under the Merdeka Generation Package.
We hope that you find the information useful in assisting you in your efforts.
Implement National Apprenticeship Promotion Scheme in association with 2COMSPrashant Pachisia
Engage Apprentices for your business and earn revenues in LAKHS. The National Apprenticeship Promotion Scheme enable companies to employ apprentices for specific job roles and earn monetary incentives for those hires. Over 100 companies have already implemented NAPS in association with 2COMS
Embedding CSR at Burckhardt Compressionﻤﺎﺷﻁﺔ ﻏﺰﺍﻟﻲ
Nimruji Jammulamadaka and Dinesh B. Khonde, Asian Case Res. J. 15, 157 (2011). DOI: 10.1142/S0218927511001526
Embedding CSR at Burckhardt Compression
This case was prepared by Assistant Professor Nimruji Jammulamadaka of the Indian Institute of Management Calcutta, India and Assistant General Manager Dinesh B. Khonde of Burckhardt Compression (India) Pvt. Ltd., Pune, India, as a basis for class discussion rather than to illustrate either effective or ineffective handling of an administrative or business situation.
Nimruji Jammulamadaka
Indian Institute of Management, Calcutta, India
Dinesh B. Khonde
Burckhardt Compression (India) Pvt. Ltd., Pune, India
This case deals with a medium-sized engineering company's experiences with initiating CSR. It covers aspects like the rationale for CSR, its relationship with strategy, participation in CSR and speed breakers on the path to building a CSR culture in the company. After sustained growth over a few years, the top management has decided to look beyond profits and embarked on CSR. They allocated 2% of their PBT to their Trust to oversee CSR activities. They began the activities about one and a half years ago. The engagement began with much enthusiasm but with time, it started losing steam. The senior management has also been having a rethink about CSR strategy. Mr. Khonde, the HR head now has to suggest ways of mainstreaming CSR within the company.
Keywords: Corporate social responsibility; CSR culture; strategy; engineering company; India
This presentation is about education. The presentation will look at costs as well as other factors that drive the success of education like career opportunities. This presentation is about solutions as ways to build a sustainable education system that will students with current and future job opportunities.
The report highlights interesting trends in terms of not only how compensation and benefits structures have evolved in India over last few decades but also how these vary from Industry to Industry ; how new age industry sectors differ from tradition industry sectors and what employees actually value. The Age of Plain old salary increments is over and a radical compensation mix – comprising between 60% and 40% fixed-to-variable and between 38% and 85% intangible-to-tangible – is ushering in the Total Rewards era in India. As a critical component of Total Rewards, Flexi-benefits are fast gaining currency thanks to personalization, higher perceived value and better tax benefits. Sectors employing a bigger pool of mid-level professionals have a rationalized compensation and rewards structure, and hierarchical profiling shows up a sharp increase in variable pay higher up the hierarchy. While organizations are taking active measures to retain critical talent substantial mismatch between employee and employer expectations at both the talent acquisition and retention phases diminishes the economic value to both. Employers have an “attraction disconnects”, and “retention disconnect”; Employee carries liberal benefits expectations throughout the lifecycle and has substantially low satisfaction levels on compensation and benefits.
Fashionista Chic Couture Maze & Coloring Adventures is a coloring and activity book filled with many maze games and coloring activities designed to delight and engage young fashion enthusiasts. Each page offers a unique blend of fashion-themed mazes and stylish illustrations to color, inspiring creativity and problem-solving skills in children.
This tutorial offers a step-by-step guide on how to effectively use Pinterest. It covers the basics such as account creation and navigation, as well as advanced techniques including creating eye-catching pins and optimizing your profile. The tutorial also explores collaboration and networking on the platform. With visual illustrations and clear instructions, this tutorial will equip you with the skills to navigate Pinterest confidently and achieve your goals.
Implement National Apprenticeship Promotion Scheme in association with 2COMSPrashant Pachisia
Engage Apprentices for your business and earn revenues in LAKHS. The National Apprenticeship Promotion Scheme enable companies to employ apprentices for specific job roles and earn monetary incentives for those hires. Over 100 companies have already implemented NAPS in association with 2COMS
Embedding CSR at Burckhardt Compressionﻤﺎﺷﻁﺔ ﻏﺰﺍﻟﻲ
Nimruji Jammulamadaka and Dinesh B. Khonde, Asian Case Res. J. 15, 157 (2011). DOI: 10.1142/S0218927511001526
Embedding CSR at Burckhardt Compression
This case was prepared by Assistant Professor Nimruji Jammulamadaka of the Indian Institute of Management Calcutta, India and Assistant General Manager Dinesh B. Khonde of Burckhardt Compression (India) Pvt. Ltd., Pune, India, as a basis for class discussion rather than to illustrate either effective or ineffective handling of an administrative or business situation.
Nimruji Jammulamadaka
Indian Institute of Management, Calcutta, India
Dinesh B. Khonde
Burckhardt Compression (India) Pvt. Ltd., Pune, India
This case deals with a medium-sized engineering company's experiences with initiating CSR. It covers aspects like the rationale for CSR, its relationship with strategy, participation in CSR and speed breakers on the path to building a CSR culture in the company. After sustained growth over a few years, the top management has decided to look beyond profits and embarked on CSR. They allocated 2% of their PBT to their Trust to oversee CSR activities. They began the activities about one and a half years ago. The engagement began with much enthusiasm but with time, it started losing steam. The senior management has also been having a rethink about CSR strategy. Mr. Khonde, the HR head now has to suggest ways of mainstreaming CSR within the company.
Keywords: Corporate social responsibility; CSR culture; strategy; engineering company; India
This presentation is about education. The presentation will look at costs as well as other factors that drive the success of education like career opportunities. This presentation is about solutions as ways to build a sustainable education system that will students with current and future job opportunities.
The report highlights interesting trends in terms of not only how compensation and benefits structures have evolved in India over last few decades but also how these vary from Industry to Industry ; how new age industry sectors differ from tradition industry sectors and what employees actually value. The Age of Plain old salary increments is over and a radical compensation mix – comprising between 60% and 40% fixed-to-variable and between 38% and 85% intangible-to-tangible – is ushering in the Total Rewards era in India. As a critical component of Total Rewards, Flexi-benefits are fast gaining currency thanks to personalization, higher perceived value and better tax benefits. Sectors employing a bigger pool of mid-level professionals have a rationalized compensation and rewards structure, and hierarchical profiling shows up a sharp increase in variable pay higher up the hierarchy. While organizations are taking active measures to retain critical talent substantial mismatch between employee and employer expectations at both the talent acquisition and retention phases diminishes the economic value to both. Employers have an “attraction disconnects”, and “retention disconnect”; Employee carries liberal benefits expectations throughout the lifecycle and has substantially low satisfaction levels on compensation and benefits.
Similar to CORPORATE SOCIAL RESPONSIBILITY.pptx (20)
Fashionista Chic Couture Maze & Coloring Adventures is a coloring and activity book filled with many maze games and coloring activities designed to delight and engage young fashion enthusiasts. Each page offers a unique blend of fashion-themed mazes and stylish illustrations to color, inspiring creativity and problem-solving skills in children.
This tutorial offers a step-by-step guide on how to effectively use Pinterest. It covers the basics such as account creation and navigation, as well as advanced techniques including creating eye-catching pins and optimizing your profile. The tutorial also explores collaboration and networking on the platform. With visual illustrations and clear instructions, this tutorial will equip you with the skills to navigate Pinterest confidently and achieve your goals.
This document announces the winners of the 2024 Youth Poster Contest organized by MATFORCE. It lists the grand prize and age category winners for grades K-6, 7-12, and individual age groups from 5 years old to 18 years old.
Hadj Ounis's most notable work is his sculpture titled "Metamorphosis." This piece showcases Ounis's mastery of form and texture, as he seamlessly combines metal and wood to create a dynamic and visually striking composition. The juxtaposition of the two materials creates a sense of tension and harmony, inviting viewers to contemplate the relationship between nature and industry.
Boudoir photography, a genre that captures intimate and sensual images of individuals, has experienced significant transformation over the years, particularly in New York City (NYC). Known for its diversity and vibrant arts scene, NYC has been a hub for the evolution of various art forms, including boudoir photography. This article delves into the historical background, cultural significance, technological advancements, and the contemporary landscape of boudoir photography in NYC.
Brushstrokes of Inspiration: Four Major Influences in Victor Gilbert’s Artist...KendraJohnson54
Throughout his career, Victor Gilbert was influenced heavily by various factors, the most notable being his upbringing and the artistic movements of his time. A rich tapestry of inspirations appears in Gilbert’s work, ranging from their own experiences to the art movements of that period.
2. 2
• Doing business with
• Buying from
• Working for
• Investing in
Company stands to gain a
reputation for being company
worth:
To avoid continuous
government interventions
To achieve long term
profitability
A CSR policy used
to be a
NICE TO
HAVE
Today , without a
doubt it is a
MUST
HAVE
3. • Secure top-level commitment
• Build employees understanding and
commitment to CSR policy
• Establish a dedicated CSR team
MANAGING
REPUTATIONAL RISK
STAGE • Integrating social concerns with
effective business concerns
• Aligning business model with
environmental concerns
STRATEGIC
STAGE
• Encouraging other companies and
stake holders to adopt sustainable
ideas
• Spreading awareness among
customers to pursue sustainable
development
CIVIL STAGE
3
4. 4
INTERNAL
POLICY
• Implementation of CSR initiative in all areas from
production, packaging to marketing etc.
• Initiative will be taken as soon as possible according
to each area
SET THE
OBJECTIVE:
• Compliance with national laws- fair wages,
days off etc.
• Prohibit child labour, harassment & abuse
DEVELOP CODE OF CONDUCT:
IMPLEMENT THE CODE OF CONDUCT:
• . Integrate into functioning of the entire staff
within a month.
• Monitor compliance through regular audits
• Establish efficient reporting systems
• Assigning the duty to the managers at all
levels
REPORT THE PROGRESS:
5. 5
EXTERNAL
POLICY
• At least half of the factory in Gujrat will start
working on solar power (within 6 months )
• Reduce air pollution by using power efficient
electrostatic precipitators (within 5 months)
Switch to better technology:
• Programs to educate the children of lower
management staff.
• Providing crèche for the children of backward
class employees
• No deduction of Salary during maternal period.
Services to Staff
Adopt comprehensive marketing
structure:
• Switching to CNG vehicles for transportation with
immediate effect
• Outsourcing a part of production activities to
small scale handicraft industries in Delhi NCR
with
• Keeping Profits aside, to donate in NGOs which
aim at alleviating poverty and eradicating
hunger.
Donations
6. 6
21% Creche Facilities, Rehabilitation Centers
Healthcare, Clothing to the children of Backward
Employees (societal responsibility)
Providing Facilities
22% Power efficient electrostatic precipitators, CNG in
Transportations Vehicles.
Technology
9% Donations to NGOs to alleviate poverty and
hunger.
Donations
27% Solar Power Plant for the Factory in Gujarat (long
term perspective)
Installation of Solar Power
BUDGET FOR CSR
2% of our PAT (Rs.685 crores 2018-19) amounts to
Rs.13.7 crores which is planned to be utilized in the
following manner :
21% Education Programs for children of backward
class employees .
Provisions for maternity leave salary.
Provisions and Programs
7. 7
Buying directly from
farmers in bulk
(economies of scale).
Besides paying them
money, the organization
can help their children
to get admission in
good schools and help
their wives to work in
rehabilitation centers.
Providing them raw
materials for growing
organic cotton and
preparing vegetable
dyes at a subsidized
rate.
Cost of Organic
Cotton
Government provides
20% subsidies for
installation of solar
power plants in Gujarat
Subsidies of
Solar Panels
The solar plants and
other projects will
involve high investment
but will help in
recovering costs over
time.
Recovering Cost
8. 8
Training and counseling
sessions for technical
assistance.
On-The-Job Sessions
Provision of proper salaries to
employees and wages to workers
with appropriate working hours.
Income Commitment
Development of rehabilitation
centers where the work can be
provided to those women who
are unable to come to the
factories.
Rehabilitation Centres
30% Reservation of jobs for
women and 5% for physically
challenged people.
Reservation
Providing crèche and
other facilities for the
children of backward class
employees
Facilities
Safe and hygienic working
conditions.
Focus on health and safety
issues of the employees
Well-Being of Staff
9. CSR PLAN
T I M E L I N E
At The END of the
YEAR
Installing and Construction
Planning and Organizing
• 90% of the machinery will work on
sustainable mode of energy
• 95% of our waste will be efficiently
disposed off.
• At least 35% of our employees will be
women or people from Socially backward
classes
• The children of 20% of our employees
will be sent to better schools.
• At least 15% of our budget will be
dedicated to poverty alleviation and
hunger eradication programs.
• 3-4 Months – Approve, Install and Run
machineries on Solar Panel
• 2-3 Months – Approve, Install and Run
Electrostatic Precipitators
• 5-6 Months – To build Crèche and
Rehabilitation Center
• Quarterly – Making Provisions for Salaries
and Donating in NGOs
• Within 2 weeks plans and objectives
will be laid down
• CSR team will be formed and
Resources will be allocated to them