HR Policies of Raymond

TOPIC : HUMAN RESOURCE

NAME ROLL NO

Sangita Kokane 22 Rupali Adhangle 02 Trupti Yadav 44 Siddhesh Tilekar 40 Archana Kharat 17 Meghana Sonar 37 Nikita Mahire 24

Presented by

The Raymond Group was incorporated in 1925 Company comprises the following divisions:

• Raymond Textile

• Raymond Engineering

• Raymond Aviation

Awards & RecognitionTextiles• The Business world Most Respected Company Award 2011 in the Apparel & Textile category. • Raymond has been ranked 20th in "The Brand Trust Report, India Study, 2011". • Images Fashion Awards 2009 – Most Admired Textile Brand of the Year • Lyrca Images Fashion Awards 2008 - Most Admired Suiting Brand of

the Year • CNBC Consumer Award 2007 - The Best Branded Readymade

Garment and Textile

Brands • PARK AVENUE has won the ‘Most Preferred Men’s Apparel Brand’

under the Lifestyle category in the NORTH EAST CONSUMER AWARDS 2011.

• Images Fashion Awards 2011 - Most Admired Men’s Formalwear Brand of the Year • Images Fashion Awards 2009 - Most Admired Menswear Brand of the Year • Lyrca Images Fashion Awards 2008 – Most Innovative Lycra Brand of the Year

International Business• DHL & CNBC TV18 International Trade Awards 2006-07 - 'Outstanding

Exporter Award' in the engineering category

Recruitment Philosophy• proficient individuals• optimal deployment of manpower resources.

What Raymond look for?Employee’s who can deliver value through:• Delivering value through "Individualism"

– Result oriented– Self evaluator– Ambitious

• Delivering value through "Collaboration" – Focus on team goals– Leadership skills– Interpersonal effectiveness

• Environment – Customer service– Employee branding– Responsible employee

Continuous Learning at Raymond

• Corporate Learning And Organization Development.• Training And Development. Learning Strategy Of 2009-10 NEEV UDAAN SHIKHAR Talent Development Organization Development Employee Engagement Initiative

Recruitment Sources of RaymondInternal Sources : • Retrenched Employees• Retired employees• Dependent of deceased employees

External Sources :• Placement Agencies and Consultants• Campus Recruitments• Off-campus Recruitments• Employees working in other organizations• Employment Agencies• Referrals

Why Raymond ?• ISO certified• Highest quality parameters• Expansive retail presence• Craftsmanship, teamwork and professionalism• Gradation of manpower• Growth-oriented environment

How HR works to get the job done :• Organizational Development• Employee Recruitment and Selection Process• Employee Compensation Benefits• Employee Relations• Policy Formulation

Key Aspects of Raymond Hiring Policy

• Recruiting Sources• Selection and Hiring Procedures• Offer Letter• Reference Checking• Background Investigations• Rejecting An Applicant• Medical Inquiries and Examinations• Equal Employment Opportunity and Hiring

Succession Planning of HR department of Raymond

• Objectives• Identify replacement needs• Provide opportunities for high potential workers• Increase pool of promotable & talent employees• Guide individuals in their career paths• Encourage the advancement of diverse groups• Improve ability to respond to changing environmental demands• Improve employee morale• Assess the potential vacancies in leadership and other key positions• Assess the readiness of current staff• Develop strategies for skill gaps

( Beyond Business )Raymond Rehabilitation Centre • Social Welfare • Raymond Rehabilitation Centre • provides free vocational training workshops

PEOPLE AND CULTURE

• At raymond, the extended families of employees strive every minute of the day to bring these attributes to life in their interactions, behaviour and work.

• The employees have created a work place that is characterized by warmth and inclusion.

• The spirit of enterprise and an inherent tolerance of faliures have led to culture of innovation.

Contd

• The feeling of pride in the association is not restricted to employees alone.

• All this is enveloped in a fast growing performance culture that is based on clearer performance norms, sharper differentiations and better rewards and recognition for key talent

Fun at work

• Work becomes enjoyment• Get opportunities to connect with others on a

regular basis such as • open house discussions and feedback

mechanism and • Knowledge sharing• Highlights performers and• Performance linked bonuses

BENEFITS AND COMPENSATION

• Wherever raymond has created industry and employment, it has provided educational,housing ,recreational and spiritual support systems for its people.

• The company always strives to make employyes feel a part of the large RAYMOND FAMILY.

HR PRACTICES• A chain is as strong as its weakest link• Manpower Resourcing : Internal Resourcing ,Talent from Campus Lateral Recruitment.• Learning & Development Programme• Performance management : 360-Degree Feedback System,

Employee Involvement• Compensations benefits

People process• Diverse Opportunities• Talent Management• Employee Involvement• 360 Degree feedback system

Conclusion

Human Resources Department in an organization, is the department which is charged with accomplishing

strategies and policies related to the management of individuals. The HR Department is the responsible

department for organizing people, reporting relationships of the human resources (HR) whom are

the individuals that make up the workforce of an organization.