Hr Policy Of Aditya Birla Group

HR POLICIES OF

Presented By: NAME

Aumkar Phatak

Srushti Padte

Amruta Newalkar

ROLL NO.

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The Aditya Birla Group is an Indian multinational conglomerate named after Aditya Vikram Birla, headquartered in the Aditya Birla Centre in Worli, Mumbai, India.

It operates in 40 countries with more than 120,000 employees worldwide.

The group was founded by Seth Shiv Narayan Birla in 1857.

The group interests in sectors such as viscose staple fibre, metals, cement (largest in India), viscose filament yarn, branded apparel, carbon black, chemicals, fertilizers, insulators, financial services, telecom (third largest in India), BPO and IT services.

The group had a revenue of approximately US$45 billion in year 2014. With a gross revenue of USD 45 Billion (in 2014) it is the third-largest Indian private sector conglomerate.

About Aditya Birla Group:

Aditya Birla Group – The Indian Scenario

In India, here's what we have accomplished

The largest fashion (premium branded apparel) and lifestyle player

The second-largest manufacturer and largest exporter of viscose filament yarn

The largest producer in the chlor-alkali sector

Among the top three mobile telephony companies

A leading player in life insurance and asset management

Among the top two supermarket chains in the retail business

Aditya Birla Group – Beyond Business

Works in 3,000 villages

Reaches out to seven million people, annually, through the Aditya Birla Centre for Community Initiatives and Rural Development spearheaded by Mrs. Rajashree Birla

Focuses on healthcare, education, sustainable livelihood, infrastructure and espousing social reform in India, Brazil and Egypt, as well as Philippines, Thailand, Laos, Indonesia, Korea and other Asian countries

VISIONTo be a premium global conglomerate, with a clear focus on each of the businesses.

MISSIONTo deliver superior value to our customers, shareholders, employees and society at large.

MANAGEMENT HIERARCHY

Chairman

Chief Executive Officer

Chief Financial Officer

Vice President

Assist. Vice President

General Manager

Senior Manager

Manager

Assistant Manager

CULTURE

Making bright minds shine brighter. We Endeavour to create an ambience where our people have the tools and the freedom to deliver their commitments and take great pride in their work. In the fertile ethos of our Group, they find a career that is personally rewarding and professionally enriching.

Integrity: Honesty in Every Action

Commitment: Deliver on the Promise

Passion: Energized Action

Seamlessness: Boundary Less in Letter and Spirit

Speed: One Step Ahead Always

VALUES

1. Recruitment policy.

2. 360 Degree Appraisal.

3. Talent Management

4. Recognition

5. Employee Benefits

6.Happiness At Work

HR POLICIES

1. Job descriptions with jobs bands. 2. Competency maps 3. Technical and aptitude tests (where applicable) 4. Group discussions (where applicable) 5. Structured interviews 6. Psychometric tests 7. Values assessment tests.

RECRUITMENT POLICY State That: An equal opportunity should be given to each an every person and should not be discriminate based on community, religion or sex.

RECRUITMENT PROCESS:

360 DEGREE APPRAISAL

360-degree Appraisal is an assessment processused to improve managerial effectiveness by providing the manager with a more complete assessment of their effectiveness, and their performance and development needs.

A 360 degree feedback program was introduced in 1999 that permitted managers to raise questions over leadership styles, managerial ability and also personal traits.

After the 360 degree feedback, each senior manager had to submit a six page letter mentioning the areas of improvement and their expectations.

TALENT MANAGEMENT

Development assessment centers (DACs): DACs have been designed to support managers in assessing and developing their capabilities. Over 1,200 managers across all management levels have participated in the DACs since 2003.

Individual Development Plan (IDP): The developmental goal for an individual, in terms of priorities for learning and development experiences to move to the next career stage, is captured through the individual development plan (IDP). These are monitored on a real time basis for tracking implementation on the PeopleSoft platform.

Talent reviews: A three-tier annual talent review process, held at the unit level, business level and Group level, ensures a focused approach to the implementation of IDP.

Talent engagement: Business heads anchor programs aimed at developing leadership potential and are personally involved in the design of specific courses.

Talent Management

CONTINUOUS LEARNING

“Gyana (Knowledge) and Udaya (Dawn).” Two substantive ideas. A formidable combination.

‘Gyanodaya’ - The Aditya Birla Institute of Management learning, established to strengthen the management capabilities of our managers has successfully managed to achieve more.

Gyanodaya conducts more than 80 programs a year and to date. As many as 7,000 managers have successfully completed at least one Gyanodaya program - and now see business ventures in a new light.

LEADERSHIP PROGRAM

LEAD - Leadership Program for the Experienced

Launched in January 2007

To groom exceptional individuals to be the future leaders of the Aditya Birla Group.

LEAD is an intensive six - month, on - the - job training program.

Individuals with at least four years of pre or post MBA experience are eligible to apply for LEAD.

LEAP – Leadership Associate Program

LEAP is an intensive 1 - year, on - the - job training program.

Individuals with 0 - 18 months of experience prior to MBA are eligible to apply for LEAP.

ACHIVEMENTS & AWARDS

Aditya Birla Awards

Individual Awards Chairman's Awards for Individual Excellence This prestigious award facilitates individual efforts at all levels. Each year, the Chairman personally selects the winners and presents the awards amidst much pomp and splendor at the Group’s awards ceremony. Team Awards Aditya Birla Awards for Outstanding Achievement These awards presented , recognize superior teamwork, outstanding achievement , and the long-term inspirational value exhibited. Recognition

RECOGNITION

PRIDE Awards Performance Recognition in Delivering Excellence (PRIDE) is a monetary recognition program to reward and recognize outstanding contributions in businesses and corporate functions. These awards can be awarded for individual as well as team excellence.

RECOGNITION

Health: Accident Insurance, Hospitalization Insurance for self, family and dependant parents, well - equipped Gymnasium, Onsite Doctor and a Cafeteria that serves hot and nutritious food. Safety: Employees safety remains their prime concern and they ensure compliance with local laws regarding safety, health and the environment for their employees and neighboring communities. Recreation: Meditation Room, Yoga Classes and a well - stocked Library. Other: ATM, Travel Desk. Benefits offered to Group employees vary by company and location.

EMPLOYEE BENEFIT

Education: Network of 41 Aditya Birla Public Schools (ABPS) across India, are affiliated to the CBSE and State Boards. The schools impart quality education to over 40,000 children . In addition to schools, the Group also has instituted "The Sarala Birla Academy". Scholarships: Beyond schooling, Pratibha, ABG’s scholarship scheme is open to employees’ children for professional education in India and abroad. Insurance: ABG’s Death/Disability in Service Insurance plan, Nischint, provides monetary relief to employees’ families in the event of the employees’ death/permanent disability while they are still working with the Group. Townships are equipped with facilities for education, recreation, healthcare and all other modern amenities.

FAMILY BENEFITS:

CSR

FOCUS AREA

Education Health care and Sustainable livelihood family welfare

Infrastructure development Social causes community center

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Scope of work:-

HAPPINESS AT WORK

HAPPINESS AT WORK