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HRM Policies used in Sobha developers


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HRM Policies used in Sobha developers

  1. 1. 1 SOBHA DEVELOPERS LTD A SEMINAR ON K.SNEHA ROLL NO;131564 DEPARTMENT OF CIVIL ENGINEERING National Institute of Technology Warangal – 506 004.
  2. 2. CONTENTS  Company Overview  Real Estate Development and Contractual Business  Unique “Backward Integration “ Model  Strong Track Record  Organization structure and Career growth Stages  HR Policies and Practices in the Organization  Current Openings  Careers
  3. 3. Company Overview The Leading Real Estate Player in South India „ Promoted by Mr. P.N.C. Menon and Mrs. Sobha Menon in 1995  Mr. P.N.C Menon has over three decades of national and international experience in the real estate & construction industry  Established the brand “Sobha” with focus on quality and timely delivery „ Business Segments  Completed approximately 56.38 MM sq. ft. of development and construction till date  Real Estate developer with focus on Residential projects  Contractual projects for institutional clients - Infosys, Taj, Dell, HP, HCL Tech  In-house manufacturing of interiors and glazing for contractual and residential use „ Vision: Transform the way people perceive ‘Quality’ 2  Sobha Developers Ltd., a Rs. 20 billion Company, is one of the fastest growing and only backward integrated real estate players in the country.
  4. 4. Real Estate Development & Contractual Business Status of Projects Residential Commercial Contractual Total Saleable Saleable Developed (MM sq. ft.) Chandigarh Baddi - H.P Hyderabad NCR Bhubaneswar Jaipur Chennai Kolkata Roorkee Mumbai Bangalore Pune Mangalore No. Completed 85 Area (MM sq. ft.) 10.7 No. 12 Area (MM sq. ft.) 1.7 No. 230 Area (MM sq. ft.) 18.3 No. Mysore Thrissur 227 56.38 Calicut Coimbatore Ongoing 45 8.9 6 0.4 34 5.9 85 15.2 Trivandrum Palakkad Note 1. Includes land bank owned, under joint development and under MoU 3  Sobha has made a footprint in 23 cities and 13 states across India.
  5. 5. Unique ‘Backward Integration’ Model Expertise in Constructing Innovative Structures PROJECT INTERIORS IMPLEMENTATION DIVISION TEAM ARCHITECTURE, STRUCTURAL & INTERIOR STUDIO SOBHA’S UNIQUE GLAZING & METAL BACKWARD INTEGRATION DIVISION MODEL MECHANICAL, ELECTRICAL & BUILDING MATERIALS PLUMBING PRACTICE DIVISION Conceptualization to Completion ■ Assured premium quality Backward Integration ■ Better and timely execution ■ Better planning of resources 7
  6. 6. Strong Track Record Total Revenues(1) (INR MM) 20,000 15,000 10,000 14,363 11,894 9,917 6,273 Profit After Tax(1) (INR MM) 2,500 2,000 1,500 2,283 1,615 885 1,097 4,652 5,000 2,213 0 FY04 FY05 FY06 FY07 FY08 1,000 500 0 FY09 347129 FY04 FY05 FY06 FY07 FY08 FY09 Note 1. Standalone Financials 4  An INR 20 Billion company listed on “BSE and NSE”  Standing with single landmark project in 1995,Today 313 projects later,Sobha is brand trusted for PERFECTION.  Recognized with over 98 awards by institutions of repute. The backward integration model is one of the key competitive strengths of Sobha.
  7. 7. Strong Execution Track Record Real Estate Development Sobha Daffodil - Bangalore Sobha Iris - Bangalore Sobha Mayflower - Bangalore Sobha Sunflower - Bangalore 5
  8. 8. Strong Execution Track Record Contractual Projects Infosys Food Court - Bangalore Geodesic Dome Multiplex - Mysore Infosys GEC 2, Mysore Infosys SDB 3, Pune 6
  9. 9. Why Sobha? Strong South India Presence and Brand Robust Organization Structure and Strong Management Team Land Bank substantially paid for High Cash Flow Visibility Equity Proven Execution Capabilities Focus on Residential Projects Strong Pipeline of Ongoing and Forthcoming Projects SOBHA: Well poised to take advantage of the revival in the Indian Real Estate market 14
  10. 10. Careers They employ over 3000 employees and have a full-fledged academy which imparts training on different technical and behavioral aspects. They consider employees as their core strength and respect hard work, knowledge and commitment. The company's evolving culture and value system provides an ideal platform for employees to perform and grow. The company's human resource policies and benefit programs are designed to attract and retain the best talent. The organization endeavors to provide job opportunities across different disciplines and functions, depending upon company needs and professional competencies of the aspirants.
  11. 11. 1. RECRUITMENT POLICY 1.1 Selection Policy i) Each new employee shall be chosen carefully not only for his ability to handle the immediate opening but also with a view to his suitability for advancement and also taking into account other attributes like maturity, being a team player etc. ii) Recruitment in SOBHA Group is a merit based program and the requirements of the job and suitability of the candidate alone shall be the determining factor in the selection and placement of applicants.
  12. 12. iii) Candidates should be assessed not only for their technical / professional competence, experience and knowledge demanded by the job, but also due weightage shall be given for the personal attributes and qualities of head and heart required to be well adjusted citizens of SOBHA Group, as also to have career progression. iv) No individual under the age of 18 years shall be employed in any capacity. v) There shall be no discrimination with regard to gender, religion, language, region, etc. except as determined by the requirements of the job. It will encourage persons with disability to take up responsibility if they are competent to meet the requirement of the job.
  13. 13. 1.2 Resourcing The following sources of recruitment may be used i) Web based recruitment ii) Existing database iii) Recruitment advertisements iv) Placement agencies v) Campus recruitment vi) Employee referrals
  14. 14. 2. CHANGE IN EMPLOYMENT STATUS 2.1 TRANSFERS In line with the exigencies of business, it will sometimes be necessary to move people from one location / department to another. Any proposed transfers must be discussed, in the first instance, between the Departmental Managers and the Executive Directors. This position may then be offered to the person concerned, and, if accepted, the Human Resources Manager will issue a transfer letter to the employee . 2.2 PROMOTIONS Company believes in providing growth opportunities to internal candidates first. It also invests its resources in developing internal talent to avail these opportunities . Promotions do recognize the performance in the current job.
  15. 15. EXIT INTERVIEWS An exit interview will be conducted before the expiry of the notice period. It will be conducted between the employee and Human Resources Manager / Head - HR. In the case of senior managers above the rank of a General Manager, the interview shall be conducted by Executive Director/MD. The exit interview is not a panel interview but a one-to-one interview. The exit interview shall be conducted on or before the last working day of the resigned employee. 3. TERMINATION
  16. 16. Current Openings  Manager Planning (AM/DM/Manager Planning) (All India)  Management Trainee (All India)  Engineer Plumbing Design (Bangalore)  Project Engineers/Senior Site Engineers/Site Engineers/Billing Engineers (All India)  Site Supervisors (All India)  Plant & Machinery Engineers / Supervisors (All India)  Planning Engineers / Costing Engineers (All India)  Project Managers (All India)
  17. 17. Manager Planning Planning Costing Quantity surveying project delivery
  18. 18. Management trainee Programs  Students of final semester can apply; The candidates should have high levels of energy, possess excellent communication & interpersonal skills, and exhibit a burning desire to excel in their work.  All Management Trainees will undergo two and a half years of intensive training. On completion of the same, the candidates will be put on a fast track growth and will be absorbed as Assistant Project Managers by the Company.
  19. 19. Project Engineers/Senior Site Engineers/Site Engineers/Billing Engineers Candidates should be first class graduates in Civil Engineering with 2 to 8 years experience in construction of high-rise buildings.
  20. 20. Project Managers  They would be in charge of individual projects and responsible for project completion within specified parameters of quality, cost and time.  Candidates should have experience in Advanced Construction Techniques, High- Quality Finishes with good techno-commercial acumen. Candidates with post graduate degree in Construction Management would be preferred.  Candidates should be first class civil engineering graduates below 32 years of age with 5-10 years experience in building construction.
  21. 21. Planning Engineers / Costing Engineers  Candidates should be extremely bright graduates in civil engineering with 1 to 5 years relevant experience with an aggregate of 70% marks and above preferably with knowledge of MS projects.
  22. 22. Plant & Machinery Engineers / Supervisors  Candidates should be first class engineering graduates / Diploma holders in Mechanical Engineering below 32 years of age with 2 to 8 years experience in Plant & equipment maintenance in a Construction Company.
  23. 23.  Sobha is an organization where quality meets excellence, technology meets aesthetics and passion meets perfection.
  24. 24. Vision - Transform the way people perceive 'Quality‘. Mission - No Short Cuts to Quality. Philosophy - Passion at Work. Conclusion
  25. 25. THANK YOU