Thank you for your help with the project. Your input and dedication contributed greatly to its success
We will always be thankful to you for all the hard work and efforts you have put in, You are not only our teacher. Rather, you are friend and guide, all molded into one person.
Introduction
Introduction
World recognized electronics and electrical businessSiemens has been positioned among the top 3 electronics and electrical organizations all over the worldSiemens is a very big company which is employing around 450,000 people
1847 – 1890: Initial Stage of Siemens
1918 – 1933: Return to the world
market
1933 – 1945: The National Socialist
economy and the war years
1945 – 1966: Reconstruction and
emergence as a global player
1966 – 1989: New markets and areas
of business
1989 – 2010: The age of globalization
Vission“A world of proven talent, delivering breakthrough innovations, giving customers a unique competitive edge, enabling societies to master most vital challenges and creating
sustainable value”
Mission‘‘Throughout global network ofInnovation and strong local presencepooling and developing knowledgeand competencies within a high performanceOrganization aiming to create outstandingValue for clients, employees, shareholder
and society’’
Aim of This Project
Explore overall HR Management of Siemens,i.e. how Siemens recruit people, how theymaintain, improve skill and efficiency of theiremployee etc.Siemens always emphasize on theirOutstanding quality on theway to their suceess
Business Groups in Siemens
Industry Sector
Industry SolutionsMotors and Drives
Building Technologies
Industry Automation
Financial Solutions
IT Solutions
Industry SolutionSiemens Industry helps customers in the industrial sectors succeed by providing complete engineering and automation solutions
Motors and DrivesSiemens has complete power conversion spectrum, driving both energy efficiency and productivity improvements.
Building TechnologiesSiemens offer a complete technicalinfrastructure portfolio for buildingautomation, energy efficiency, fire safety,security, total building solutions andmarket specific solutions inbuildings and public places
Energy Development SectorPower Generation
Power Transmission & Distribution
Solutions for the Oil & Gas Industry
Market Specific Solutions
Power GenerationOne of the world leading powerengineering companies which deliverinnovative andenvironmental friendly solution
Market Specific SolutionsSiemens innovate around your futuremarket needs with itscross infrastructure
Health Care Services
Clinical Workflow Solutions
Diagnostic Imaging and Therapy
Healthcare Infrastructure
Hearing Instruments
Laboratory Diagnostics
Clinical Workflow SolutionsSiemens expert team will help to seebuilt these links.
Laboratory DiagnosticsSiemens offer a broadportfolio of performance drivendiagnostic solution
HUMAN RESOURCEPRACTICESAT SIEMENS
Siemens is achieving great thingsBecause of its forward-thinkingEmployees Siemens, welcome ideas –Siemens provide an environmentwhere diversity is seen ascompetitive advantage andsuperior performance is recognized
Job Analysis
Demand and Supply Forecasting
Selection and Recruitment
Training & Development
Performance Appraisal
Compensation and Benefit in Siemens
Job AnalysisThis includes details about tasks to be performed as part of a job and the personal qualities required to do them
Demand and Supply ForecastingIt is associated with forecasting overall requirements in accordance with the organizational plans & Supply forecasting is associated with obtaining information about present & future human resource.
Selection and RecruitmentApply Online
Telephone Interview
Face to Face Interview
Aptitude Test
References and Background Check
Offer & Acceptance
Training & DevelopmentOn the Job Training
ShadowingMentoringCoachingJob Rotation
Off the Job TrainingApprenticeshipsSiemens Commercial AcademySiemens Graduate Program
Performance Appraisal
Siemens uses an appraisal system, known as a Performance Management process
This helps to focus everyone on the developing needs of the business
Compensation and BenefitPerformance-Related CompensationTypical Pay Composition
Fixed payBenefitsRisk protectionHealth and well-beingPensionsFringe benefits
EVALUATION OFSIEMENS HRM
Throughout the strong workforceplanning, selection and recruitment process,Siemens is highly successful to haveright kind of people at right places at theright time.Besides, the training and development ofSiemens help its employees to becomeeconomically useful.
Evaluation of Job Analysis & Workforce Planning
Siemens always attract innovative people to work with them as Siemens believe that innovation drives their success.
Siemens influence curious people with initiative and talent to find excellent career opportunities with them
Evaluation of Selection & Recruitmentsiemens always emphasizes on skill of the employeesCommunication Skills Team Working
Problem Solving Interpersonal Skills
Self Confidence Time ManagementDecision Making Analytical Skills
Evaluation of Training & Development
Siemens plays a vital role in developing stuff, which would help Siemens in future
The training and development process of Siemens helps its employees to get higher position within the organization
Evaluation of Performance AppraisalPerformance appraisal at Siemens ensures that all the employees are being told honestly about their job performance
Performance Management at Siemens helps the company to drive talent management.
Siemens believe that if the employees are clear about the level of their performance they would be motivated
RECOMMENDATION
Anticipate External Business
Environment
While recruiting people Siemens should
emphasize on those External People
Utilize the OpportunitiesIn order to better utilization of opportunities Siemens need to recruit and train their employees at advance.
Emphasize on Action Learning
Siemens should give more emphasize on action learning
Increase Pay Scale & Incentives
Siemens should increase pay scale for lower level employees as compare to its competitors
Better Coordination
A better coordination should be developed between the top management and lower level employees in Siemens
This is all about SIEMENS
HUMAN RESOURCE
MANAGEMENT