INCENTIVES AND PEOPLE MANAGEMENT

IN A DIFFERENT APPROCH(CASE STUDY

ON INSENTIVES AND PEPOLE
MANAGEMENT ON SAS INSTITUTE)
 Successful People management
policy
SASs business is with continuing requirement with product enhancement and
upgrade, The attrition and retention of talent is a key factor in company's
success.
Company principal
Treating every one equally and with fair.
Motivation and trusting people to do there job in better way.
Long term vision on all tasks and projects.
Bottom-up decision making.
Company believe on in house work and All departments are running with
company pay roll employ.
Employ compensation
Company have very competitive base salary with periodic revision of based on the
manager employ assessment.
Performance reward based on employ assessment.
Yearly Employ bonus:- Based on the company financial status and It dependent on the
employ performance assessment.
Retirement plan: - Company contribute d the maximum permitted by Internal revenue
service regulation to employ profit sharing retirement plan
Other Employ benifits
Company have a owned medical facility with 75000 square foot. Which
employs and dependents can avail service with out any charge.
Company Provide a Montessori daycare with good facility as a non
paying service to employs.
Company Provided school for children's for employ also This was open
to public.
Scholarship for employs children as well as to the community.
Company cafes offer food in low cost to employ and there family.
Free Exercise and gymnasium facility to employ and there family.
Work culture and work envournment
Company have a campus of 200 acre with a good landscape.
Very peace full office atmosphere. This give people a feel as part of a
perticular group.
Employ are allowed to use the campus for weekend hangout with
family and friends.
All employs are on company payroll and company is not entertaining
outsourcing.
Performance management
Company
Performance management
Company believe rather doing formal appraisal process managers
discuss with team regularly and provide feedbacks at lest four
times a year.
Trainings
Company conduct lot of insource training . Company was not
entertaining out side training reimbursement & was conducting
training in-house.
Organizational structre and carrier growth
There is only 4 levels in the company in each department.
Company believe Each employ is owner of his/her area of
business and he is responsible to run his area.
Company maintain a inventory of employ skill and experience
and same is mapped against opportunities in the organization &
allows a lot of movement within the company. This reduce
employs moving out for a change.
 Conclusion
The vision on employ dealing was excellent and Company
providing good work environment and they successes to
develop a feel in employs as they are a single family.
Company successes in maintain a record of zero employ
logoff due to lack of employ/job satisfaction.
ANISH M