The HR plan for Transformers and Rectifiers India Ltd outlines several key initiatives for 2009-2010 including: 1) Defining KPIs and linking performance appraisals and compensation to both individual and company metrics and goals. 2) Revisiting HR policies and procedures to meet industry standards and prevent loss of talent. 3) Developing competency-based training programs, implementing a new performance management system, and rolling out an HRIS system. 4) Establishing a balanced scorecard approach and linking a portion of management bonuses to division and company performance.

1. HR Plan for 2009Transformers and Rectifiers India Ltd

2. Key Imperatives for HR Plan Company Expansion to 400 KVMetrics driven Organization PerformancePerformance linked to Company ResultsHR Policy needs one more re-look as per Industry standardsResources lost to competitors

3. Metrics Driven Organisation010203040506070809Divisions to have their KPI definedEstablish process to measure KPI and ensure ISO is updatedAlign KPI to individual goals for the 2008-9 performance appraisalLaunch Balance Score Card Mechanism for the 2009-10 Establish review mechanism on monthly basis for the organization.Rating for 2008-09 Performance appraisal will be mandatoryAll Enterprise wide process needs to have measurements

4. Performance Linked to Company Results20092010010203040506070809101112010203Balance Score card for DivisionMonitoring of score cardTop team x% pay link to Div and Company performanceManagement Council will have goals clearly aligned to Company performance and x% of the bonus will have link with divisional and company performance

5. HR POLICIES Revisit HR policies and proceduresSign off and release of the new policies by CMDMAN POWER PLANPrepare AS IS and TO BE Org Structure.Get Signoff of CMD / JMD on the TO BE Org StructurePrepare and execute Recruitment planTRAINING AND INDUCTIONCompetency based Multi-skilling for Blue collarsAppraisal Based Training for White collarsSummer trainee from IIT for design section as trialPrepare & Roll out of Training calendar for 2009 -1020092010010203040506070809101112010203

6. H R - PLANHR Information System Invite Proposal for HRIS SystemGet Management buy-in and approval of proposalRoll Out HRIS at TARIL PERFORMANCE APPRAISAL 08-09Design the Performance Booklet Conduct Performance workshop for Appraisal exerciseCirculate the Performance Book Let for filling up the goal status and other aspectsGet the filled templates and ratings from DivisionPERFORMANCE MANAGEMENT SYS 09-10Goal Setting for next yearPerformance Management workshop for new process20092010010203040506070809101112010203

7. H R - PLANCompensation SystemPrepare Compensation Plan Get Approval of CMD / JMD for the compensation planRoll out of Compensation planCORPORATE COMMUNICATION AND BRANDINGEmployee Swipe card and Badge system revivalArrange contest at IIM A on topic of “Strategies for TARIL- what next”. Best team gets award and trophy.Prepare a Corporate Movie on TARIL20092010010203040506070809101112010203

8. HR StructureGM – HRRajiv OzaSr Manager / Manager Personnel / Admin / WelfareVacantSr Manager / Manager HRVacantAsst Mngr HRPerf / C&B / Policies / SHRMMahaswetaExecutive PersonnelVinodExecutive Admin VacantExecutive PersonnelMansukhSr. ExecutiveRecruitment / Job design / CompetencyJyoti CSr Executive Training and DevVacantManagement TraineeThe Structure is required to accelerate changes.Need of room near TRISE which will have combination of Library and HR Staff