Escolar Documentos
Profissional Documentos
Cultura Documentos
HR
RESEARCH
PROJECT ON
SUBMITTED TO:
DR. VIKRAMJIT KAUR
Lecturer,
SUBMITTED BY:
SANDEEP KUMAR
M.B.A 4th SEM.,
ROLL NO.-12046
REGD.NO-1419927
PREFACE
Human resource management is concerned with people element in management.
Since every organization is made up of people, acquiring their services,
developing their skills/ motivating to high level of performances and ensuring
that they continue to maintain their commitments to the organization which are
essential to achieve organizational objectives.
This project is meant to know the Human Resource Policies in the organization.
The HR Policies are a tool to achieve employee satisfaction and thus highly
motivated employees. The main objective of various HR Policies is to increase
efficiency by increasing motivation and thus fulfill organizational goals and
objectives.
The objective is to provide the reader with a framework of the HR Policy
Manual and the various objectives that the different policies aim to achieve. The
main focus was on the managerial levels of employees in SEL
MANUFACTURING LTD.
ACKNOWLEDGEMENT
2
I would also like to thank for the support of my batch mates & friends who were
always there to help me whenever I needed.
Finally a word of thank for the faculties of RIM,RAILMAJRA who were
always with me during my .RESEARCH PROJECT.
SANDEEP KUMAR
DECLARATION
3
I, sandeep kumar , hereby declare that all the information furnished in this
PROJECT, is my original work containing authentic facts. This piece of work is
only being submitted to RAYAT & BAHRA INSTITUTE OF MANAGEMENT
TRAINING in the partial fulfillment for the degree of Post Graduation in
Business Management.
SANDEEP KUMAR
Table of Contents
4
Serial
No
1
3
4
5
6
7
8
Chapter
Introduction
1.1 About The Organization
1.2 About The Topic
1.3 Objective and Scope of Study
Research Methodology
2.1 Methods of Data Collection
2.2 Sampling
2.3Hypothesis and About Questionnaire
HR Policies in SEL MANUFACTURING
Ltd.
Data Analysis and Interpretation
Conclusions
Suggestions and Recommendations
Bibliography
Annexure And Questioners
EXECUTIVE SUMMARY
Page
No
7
13
17
18
19
20
21
23
30
53
54
55
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The RESEARCH PROJECT Program aims to widen the student's perspective by providing an
exposure to real life organizational and environmental situations. Positioned between the first
and second years, the program is the most effective aid in enabling our students to relate
management theory to practice.
The organization, in turn benefits from the objective and unbiased perspective the student
provides based on concepts and skills imbibed in the first year at the institute. The summer
interns also serve as unofficial spokespersons of the organization and help in image building
on campus.
An additional benefit that organizations have come to realize is the unique opportunity to
evaluate the student from a long-term perspective. This is reflected in the increasing number
of pre-placement offers (PPOs) made to Summer Interns by highly satisfied organizations.
INTRODUCTION
HISTORY
SEL Manufacturing Company was incorporated as Saluja Exim Limited
on May 8, 2000 under the Companies Act, 1956 and obtained certificate
of commencement of business on June 2, 2000. R S Saluja Group was established in
the year 1969 for manufacturing readymade garments for
the domestic market.
Over the years, the company grown to a pioneer position in exports, supplying
yarn, fabrics and garments to major markets in Russia and Middle East. At present
company has four stateoftheart garmenting units, one knitting unit and complete
state of the art processing house and 50000 spindles cotton yarn spinning.
It is a vertically integrated textile company, manufacturing and exporting
cotton yarn, combed yarn, knitted fabrics and knitted garments with our production
facilities located in Ludhiana in Punjab and Baddi in Himachal Pradesh. To cater to its
target exports markets, it has opened representative offices in Russia and Dubai.
Presently, majority of its production of garments is exported to Russia and UAE.
The company is operating with a consolidated capacity to manufacture 4.5 million
garment pieces per annum. Its capacities in cotton and combed yarn and fabric
knitting are at approximately 29,856 spindles (6,516 tons yarns per annum) and 1,950
tons of fabric knitting per annum respectively.
It manufactures and export all types of knitted garments and its main products include
tshirts, polo shirts, sweat shirts, boxer shorts, thermals, girls top etc. A part of yarn
produced from its spinning units are captivity consumed for the knitting operations
and balance is sold in both domestic as well as overseas market. Similarly, the fabric
that it knit is also used for both knitted garment manufacturing and is also sold in
local market as knitted fabric.
Their strong competencies in product development, manufacturing and marketing, are
complimented by their most significant advantage in textiles that they make their own
yarns and fabrics to meet quality and shipment time of garments. Their wide
initiatives to achieve manufacturing and supply chain excellence, close collaboration
with their suppliers, and sales offices at the customers doorstep all guarantee fast and
flexible solutions.
Yarns
Knitted Fabrics:
Auto stripe, Body dia, Pleated jersey, Dri fit fabric, Organic cotton, fiber
dyed, Mercerized fabric,Lycra fabrics, Enzyme washed, Resin finished, Easy
care, Teflon finish, Vegetable dyed fabrics
Garments:
Tshirt, polo shirt, Thermal Suits, Tank top, Shorts, Track suit, Sweat
shirt and Undergarments
Yarns Division
Garments Division
10
w.e.f.February 9, 2004.
2004 Conversion of our Company from ?public company? To ?
private company? w.e.f. March 31,2004.
2005 The Company became a partner in M/s S E Exportsw.e.f
April 1, 2005.
2005 Insertion of following clause to our main objects w.e.f
November 12, 2005: to carry on business of manufacturing
and processing of and dealers in all kinds of yarns, hosiery
goods, readymade garments, carpets, durries, mats, rugs,
blankets and other similar articles.
2006 Amalgamation of SPPL & SFL with the Company w.e.f April 1,
2004 vide court order dated February 23, 2006.
11
Haryana at Chandigarh.
2009 The Company has acquired a majority stake in SEL Textiles Pvt
Ltd, thereby making it a subsidiary.
The Company acquired two spinning units located at Neemrana,
DistrictAlwar, Rajasthan and Hansi, District Hisar, Haryana.
12
SERVICES
SEL MANUFACTURING Services Portfolio
SEL manufacturing offers extensive capabilities through the following service lines:
Technical Inspection Services
Supplier Inspection & Expediting
Construction / Project Supervision
Managed Services Solutions
In-Service Inspection
Technical Auditing / Supplier Assessments
Technical Staffing Services
Contract Staffing
Permanent Placement Services
Consulting and Training
Behaviour-based Safety Training
Leadership Training
Well Control Training
Management System Auditor Training
Welding and Materials Training
Management System Certification
Quality
Environmental
13
14
FORMULATING POLICIES
There are five principal sources for determining the content and meaning of
policies:
1. Past practice in the organization.
2. Prevailing practice in rival companies.
3. Attitudes and philosophy of founders of the company as also its directors
and the top management.
4. Attitudes and philosophy of middle and lower management.
5. The knowledge and experience gained from handling countless personnel
problems on day to day basis.
15
BENEFITS OF HR POLICIES
Organizations should have personnel policies as they ensure the following
benefits:
a. The work involved in formulating policies requires that the management
give deep thought to the basic needs of both the organization and the
employees. The management must examine its basic convictions as well
as give full consideration to the prevailing practices in other
organizations.
b. Established policies ensure consistent treatment of all personnel
throughout the organization. Favoritism and discrimination are, thereby,
minimized.
c. Continuity of action is assured even though top management personnel
change. The CEO of a company may possess a very sound personnel
management philosophy. He/she may carry the policies of the
organization in his/her head, and he she may apply them in an entirely
fair manner. But what happens when he/she retires? The tenure of office
of nay manager is finite. But the organization continues. Policies promote
stability.
d. Policies serve as a standard of performance. Actual results can be
compared with the policy to determine how well the members of the
organization are living upto the professional intentions.
e. Sound policies help build employee motivation and loyalty. This is
especially true where the policies reflect established principles of fair
play and justice and where they help people grow within the organization.
f. Sound policies help resolve intrapersonal, interpersonal and intergroup
conflicts.
16
PRINCIPLES OF HR POLICY
1. Principle of individual development to offer full and equal
opportunities to every employee to realize his/her full potential.
2. Principle of scientific selection to select the right person for the right
job.
3. Principle of free flow of communication to keep all channels of
communication open and encourage upward, downward, horizontal,
formal and informal communication.
4. Principle of participation to associate employee representatives at every
level of decision-making.
5. Principle of fair remuneration to pay fair and equitable wages and
salaries commiserating with jobs.
6. Principle of incentive to recognize and reward good performance.
7. Principle of dignity of labour to treat every job and every job holder
with dignity and respect.
8. Principle of labour management co-operation to promote cordial
industrial relations.
9. Principle of team spirit to promote co-operation and team spirit among
employees.
10.Principle of contribution to national prosperity to provide a higher
purpose of work to all employees and to contribute to national prosperity.
17
SCOPE OF STUDY
In any organization human resource is the most important asset. In
todays current scenario, SEL MANUFACTURIG Ltd. is a very large
manufacturer .
As most of the companys overall performance depends on its
employees performance which depends largely on the HR POLICIES
of the organization.
So the project has wide scope to help the company to perform well in
todays global competition. The core of the project lies in analyzing and
assessing the organization and to design an HR POLICY manual for the
organization.
18
RESEARCH METHODOLOGY
19
RESEARCH METHODOLOGY
Research Methodology is a term made up of two words, research &
methodology. Research means search for knowledge. It is a scientific and
systematic search for potential information on a specific topic. It is an art of
scientific investigation. It is careful investigation or inquiry especially for
search of new fact in any branch of knowledge.
20
The researcher has chosen the questionnaire methods of data collection due to
limited time in hand. While designing data-collection procedure, adequate
safeguards against bias and unreliability must be ensured. Whichever method is
selected, questions must be well examined and be made unambiguous.
Researcher has examined the collected data for completeness,
comprehensibility, consistently and reliability.
Researcher has also gathered secondary data which have already been collected
and analyzed by someone else. He got various information from journals,
historical documents, magazines and reports prepared by the other researchers.
For the present piece of research the investigator has used the following
methods:
Questionnaire
Interview
Observation
SAMPLING
SAMPLE SIZE
21
In sampling design the most complicated question is: what should be the size of
the sample. If the sample size is too small, it may not serve to achieve the
objectives and if it is too large, we may incur huge cost and waste resources. So
sample must be of an optimum size that is, it should neither be excessively large
nor too small. Here, researcher has taken 30 as the sample size.
22
HR POLICIES IN
SEL
MANUFACTURIG
.LTD
23
OBJECTIVES
In reviewing the purpose of HR Policies at SEL MANUFACTURIG., the
organization stated that the HR Policies has been a key part of the management
process for the effective utilization of human resource. The company aims to
fulfill the following objectives through its HR Policies:
Ensure a high degree of selectivity in recruitment so as to secure super
achievers and nurture them to excel in their performance.
Impart such induction, orientation and training as to match the individual
to the task and inculcate a high sense of organizational loyalty.
Provide facilities for all round of growth of individual by training in and
outside the organization, reorientation, lateral mobility and selfdevelopment through self-motivation.
Groom every individual to realize his potential in all facets while
contributing to attain higher organizational and personal goals.
Build teams and foster team-work as the primary instrument in all
activities.
Recognize worthy contributions in time and appropriately, so as to
maintain a high level of employee motivation and morale. Appraisals and
promotions shall be ethical and impartial.
24
MANAGEMENT REVIEW:
Management review meeting is held every six months at the Group Review.
Meet is conducted from time to time to ensure the suitability, adequacy and
effectiveness of the HR Policies.
25
28
29
15.Canteen Service
16.Cash Payments & Advance Settlements
17.Performance Excellence Scheme
18.Performance excellence Form
19.Parivar Suraksha Yojna
20.Policy for Get Together of Employees
21.Notice Period for Managerial Employees
22.Conveyance Reimbursement for Interview Candidates
23.Car Policy
24.Post Retrial Benefits
25.Inland Travel Rules
26.Foreign Travel Rules
27.Application for Housing Loan
28.Application for Car Loan
29.Application for 2-wheeler Loan
30.Application for 2-wheeler (wards) Loan
DATA ANALYSIS
AND
INTERPRETATION
31
organization.
32
18%
agree
disagree
82%
33
1. Are you satisfied with the monetary reward given on bringing a candidate
on board?
Monetary reward
26%
agree
disagree
74%
34
3. Are you satisfied with the background checks conduct for employees.
Backgroud checks
22%
Agree
Disagree
78%
35
4.Are you satisfied with the monetary limits given to you for the expenses?
Expenses
21%
Agree
Disagree
79%
36
B. INDUCTION
37
Induction programme
18%
Agree
Disagree
82%
38
Induction
10%
Agree
Disagree
90%
39
Employee performance
24%
Agree
Disagree
76%
40
Classroom method
27%
Agree
Disagree
73%
41
42
Agree
32%
Disagree
68%
D. PERFORMANCE APPRAISAL
43
8%
Agree
Disagree
92%
44
Feedback
28%
Agree
Disagree
72%
E. CAREER PROGRESSION
d. Are you satisfied with the mentor system followed for career
progression?
45
Mentor system
16%
Agree
Disagree
84%
INTERPRETATION:
Regarding mentor
system
followed for
career
progression, 84% of the employees get benefited and only 16% of the
employees are exempted.
46
22%
Agree
Disagree
78%
F. LEAVE POLICY
Privilege leave
17%
Agree
Disagree
83%
48
13%
Agree
Disagree
87%
2. Are you satisfied with the opinion survey and Department meeting?
49
24%
Agree
Disagree
76%
50
Monetary Rewards
Agree
33%
Disagree
67%
Contingencies
24%
Agree
Disagree
76%
J. MEDICLAIM POLICY
52
1. Are you satisfied with the services covered under Mediclaim policy?
Services
11%
Agree
Disagree
89%
CONCLUSION
Study shows that
53
1. The Policy of the company provides facilities for all round growth of
individuals by training in-house and outside the organization,
reorientation, lateral mobility and self-development through selfmotivation.
2. The Policy grooms every individual to realize his potential in all facets
while contributing to attain higher organizational and personal goals.
3. The Policy builds teams and foster team-work as the primary instrument
in all activities.
4. The Policy implements equitable, scientific and objective system of
rewards, incentives and control.
5. The Policy recognizes worth contributions in time and appropriately, so
as to maintain a high level of employee motivation and morale.
6. The employees agree on the part of their performance that they know
what is expected from them.
7. The employees understand how their work goals relate to companys
goals.
8. Company inspires the employees to do their best work every day.
9. The employees are not satisfied with the communication and decisionmaking process as it leaks the information related to organization.
10.The employees do not receive the appropriate recognition and rewards for
their contributions and accomplishments.
11.The employees feel that they are not paid fairly for the contributions they
make to companys success.
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SUGGESTIONS &RECOMMENDATIONS
1. The Performance Appraisal of employee is evaluated on the basis of 360
degree feedback or 180 degree feedback.
2. The Organization should focus on mentor system intend to help
employees in their career progression.
3. The Training should be mandatory for all level of employees.
4. The Departments should develop constructive attitude towards each other.
5. The company should give the appropriate recognition for the
contributions and accomplishments made by employees. A flexible
reward system should be adopted by organization to improve employee
motivation.
6. A more transparent and full proof communication system developed in
the organization.
7. Replacing the lacuna in the current system.
8. Wages and salary administration process should have a more scientific
approach laying stress on equal wages for equal work done.
BIBLIOGRAPHY
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Books:
Human Resource Management by Ashwathapa.
Human Resource Management by Michael Armstrong.
Human Resource Policy Analysis: Organizational Applications by Richard J. Niehaus.
www.citehr.com
www.ask.com
www.wikipedia.com
www.hrgroup.com
www.scribd.com
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QUESTIONNAIRES
QUESTIONNAIRES
57
organization.
2. Disagree
2. Are you satisfied with the monetary reward given on bringing a candidate on
board?
1. Agree
2. Disagree
B. Induction
1. The induction programme of your organization is informal type.
1. Agree
2. Disagree
1. Agree
2. Disagree
1. Agree
2. Disagree
2. Are you satisfied with the Classroom method adopted by tour organization to
train the employees?
1. Agree
2. Disagree
1. Agree
2. Disagree
D. Performance Appraisal
1. Are you satisfied with the Balanced Scorecard method?
1. Agree
2. Disagree
1. Agree
2. Disagree
E. Career Progression
1. Are you satisfied with the mentor system followed for career progression?
1. Agree
2. Disagree
2. Are you satisfied with the competence analysis and feedback from manager?
1. Agree
2. Disagree
F. Leave Policy
1. Are you satisfied with the privilege leave provided to you?
1. Agree
2. Disagree
59
2. Disagree
2. Are you satisfied with the opinion survey and Department meeting?
1. Agree
2. Disagree
1. Agree
2. Disagree
1. Agree
2. Disagree
J. Mediclaim Policy
1. Are you satisfied with the services covered under this policy?
1. Agree
2. Disagree
60