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    Greater Noida-201306 (U.P)

    ACKNOWLEDGEMENT

    This report has been made possible through the direct and

    indirect cooperation of various persons for whom I wish to

    express my appreciation and gratitude.

    First & foremost, my intellectual debt to my Faculty Guide

    Mr. vikas chadha, IIMT COLLEGE OF MANAGEMENTGreater Noida-201306 (U.P) who has continuouslyprovided his valuable suggestions and guided me to makethis project report more useful.

    I am extremely grateful to all people who has contributed

    significantly for completion and improvement of my

    research to make this report the ultimate one. Faculties,

    Staffs and friends and employees of Hero Motors Ltd haveconstantly encouraged me with their words, appreciation

    and advices. It is of course impossible to mention

    individually all of them.

    LOVELY SAMAL

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    ROLL NO . 6134527BBA

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    TABLE OF CONTENTS

    1. Acknowledgement

    2. Synopsis

    3. Introduction

    A) Definition of Employee Welfare SchemesB) Facilities cover under Employee Welfare Schemes

    C) Need of Employee Welfare in organization

    4. Company Profile

    A) Overview of the company

    B) History of Hero Motors

    C) Evaluation of Hero Motors

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    D) Mission & Vision of Hero Motors

    E) Values of Hero Motors

    F) Corporate Objective of Hero Motors

    G) Organization Structure of Hero Motors

    5. Objective of the research

    6. Research Methodology

    A) Sample

    B) Instrument used

    C) Data collection method

    D) Project evaluation method

    7. Employee Welfare at Hero MotorsA) Loan Policy

    B) Canteen facility

    C) Medical facility

    D) Uniform provided

    E) Transportation facility

    F) Training and development

    G) Telephone allowances

    H) Awards

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    I) Gifts and events

    8. Data Analysis

    Comparison between companies regarding training cost

    Comparison between companies regarding loan facility

    Comparison between companies regarding canteen subsidy

    Comparison between companies regarding medicine cost

    Comparison between companies regarding mobile

    allowance Comparison between companies regarding Gift cost

    Comparison between companies regarding Break time

    9. Interpretation

    10. Suggestions & LimitationsA) Suggestions for Hero Motors

    B) Limitations of project report

    11. Questionnaire

    Sample of questinnaire

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    Project Title : Comparative Study of

    Employee Welfare Scheme

    between Hero Motors Limited

    and Other CompaniesLocation : Hero Motors Ltd.

    Summary of Project:

    The terms ``employee welfare benefit plan'' and ``welfare

    plan'' are defined in section 3(1) of the Act to include plansproviding ``(I) medical, surgical, or hospital care or benefits,

    or benefits in the event of sickness, accident, disability,

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    death or unemployment, or vacation benefits,

    apprenticeship or other training programs, or day care

    centers, scholarship funds, or prepaid legal services, or (ii)

    any benefit described in section 302(c) of the Labor

    Management Relations Act, 1947 (other than pensions on

    retirement or death, and insurance to provide such

    pensions).''

    Welfare facilities include toilets, washing facilities, rest and

    changing facilities, personal security arrangements (e.g.

    lockers) and refreshment, recreational facilities, Loan

    facilities, personal growth facilities like library facility; training

    facility, Safety and Security measures, adjustable working

    shift and timing, festival grants, transportation facility,

    housing facility etc.

    Company Profile:

    Hero Motors is a part of the HERO GROUP, which is a multi

    billion dollar group with diverse interests in manufacturing,

    engineering design, corporate services, and value added

    engineering. Hero Motors is an integrated engineering

    services provider that has high quality processes and aworld-class technical team in place to deliver the best

    solutions in engineering.

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    Employee Welfare Scheme Objective of the Project:

    The purpose of this report is to evaluate the on going

    activities carried out under Employee Welfare Schemes in

    Hero Motors Ltd, and Comparing with other organizations

    so that to competently support the organization to develop

    and administer effective employee welfare and ensure

    continuous commitment from employee part for achieving

    the ultimate goal of the organization .

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    RESEARCH METHODOLOGY:

    Selecting the companies for the puepose of comparison.Gathering information regarding employee welfare of those

    companies.

    Using questionnaire for collecting information

    Analysing the information for fulfillment of report objective.

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    DEFINITION:

    The terms ``employee welfare benefit plan'' and ``welfare

    plan'' are defined in section 3(1) of the Act to include plans

    providing ``(I) medical, surgical, or hospital care or benefits,

    or benefits in the event of sickness, accident, disability,

    death or unemployment, or vacation benefits,

    apprenticeship or other training programs, or day care

    centers, scholarship funds, or prepaid legal services, or (ii)

    any benefit described in section 302(c) of the Labor

    Management Relations Act, 1947 (other than pensions on

    retirement or death, and insurance to provide such

    pensions). ''

    Welfare facilities include toilets, washing facilities,

    rest and changing facilities, personal security

    arrangements (e.g. lockers) and refreshment,

    recreational facilities, Loan facilities, personalgrowth facilities like library facility; training facility,

    Safety and Security measures, adjustable working

    shift and timing, festival grants, transportation

    facility, housing facility etc.

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    EMPLOYEEWELFARESCHEMES

    Personal

    Growth Facility

    WorkingCondition

    Recreational&

    RefreshmentFacility

    MedicalFacility

    CanteenFacility

    Transportation Facility

    Safety &Security

    Leave &HolidayFacility

    LoanFacility

    OtherFacilities

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    Different facili ties cover underEmployee Welfare Scheme:

    PLANT OFFICETIMINGS

    ENVIRONMENT ENVIRONMENT

    1. Ventilation 1. Air-conditioned deptt.1. Shifts

    2. Lighting 2. Seating arrangement2.Overtime

    3. Temperature 3. General Cleanliness3.Breaks 4. Humidity 4. Personalcomputer/Laptop

    5. Elimination of dust,Smoke, fumes etc.

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    Working Condition

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    TRAINING EDUCATIONALPERFORMANCEFACILITY FACILITY MEASURE

    1. Internal Training 1. Library 1.Regular & effective2. External Training 2. Debating Union

    appraise3. Workshop & Seminars 3. Workers childrens 2. Monetary/

    Nonschools monetary

    awards

    FIRE ARMED SECURITYTECHNICALMEASURES PROTECTION GUARDPROTECTION FOR

    ACCIDENTPROTECTION

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    Personal Growth Facility

    Safety & Security Measures

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    CLUBS EVENTS1. Gymnasium 1.

    Picnic2. Creches 2. Factory

    Foundation day3. Recreational Club 3.

    Cultural evenings4. Festivals

    celebration

    SANITATION OTHER FACILITIES

    1. Toilets 1. Rest room2. Wash-basins 2. Tea &

    Snacks at breaks3. Water & Waste disposal 3. Water

    cooler

    4. Dustbins & Spittoons

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    Recreational Facility

    Refreshment Facility

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    DISPENSARY INDIVIUALTREATMENT

    1. First-Aid 1. Hospital & Medicine cost2. Regular Doctor for accidental

    case

    3. Medicines for minor injuries & illness 2. Freemedical check-up

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    Medical Facility

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    UNIFORM CHILDREN FESTIVALHOUSING TRAVELLING

    SCHOLARSHIP GIFTS

    Need for Employee Welfare:

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    EmployeeWelfare

    Schemes

    Intellectual, physical, moral,social & economical betterment

    Ensurecontinualcommitment of employeetowardsorganization

    Fulfilling Governmental Laws,Statutory Provisions orrequired by customs of the

    Create &improveorganizational image

    Other facilities

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    OVERVIEW OF THE COMPANY:

    Company Name: HERO MOTORS LIMITED

    Company Address : 10 th Km Stone, G.T. Road, P.O.-

    Dujana- 203207, Dadri, Distt- Gautam Budh Nagar,

    Ghaziabad, U.P.

    Industry : Automobile Spareparts

    Product range : Gear block, Cylinder block, Swing arm,

    Main stand, Side stand, Chain case etc.

    New Comings: Cyclomoto

    Mother concern: HERO GROUP OF COMPANIES:

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    Hero Cycles - Founded in 1956, largest manufacturer of

    cycles in the world, manufacturing over 6 million cycles per

    year.

    Hero Honda - Joint Venture with HONDA, Japan largest

    Motor cycle manufacturer in the world, manufacturing over

    2.5 million motorcycles per year

    Hero Motors - Auto component outsourcing / scooter & Step

    through maker & parent company of Hero Global Design.

    Hero Global Design Design/ Engineering/ Prototyping and

    Manufacturing support services.

    Munjal Showa - Joint Venture with Showa, Japan largest

    manufacturer of shock absorbers in India

    VI) Sunbeam Auto & Munjal Castings - Aluminum die

    casting Unit

    E Systems - Soft ware services

    Hero Mindmine BPO training services, BPO services; Call

    Center

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    ACHIEVEMENTS:

    Hero Group ranks amongst the top 10 Business Housescomprising 18 companies, with an estimated turn over of

    US$ 1.8 billion during the fiscal year 2003-2004.

    Hero Group Management has been acclaimed

    internationally by World Bank and BBC.

    HSBC-Merril Lynch has estimated Hero Group would be

    among the Top Value Creator in 2001-2004.Hero Honda Motors was ranked 3 rd amongst top Indian

    companies Review 2000-Asias leading companies award

    (2003) by Far Eastern Economic Review.

    Hero Cycles Limited is a Guinness Book Record holder

    since 1986 as the wolrds largest manufacturer of bycycles,

    with annual sales volume of 5.2 million bicycles in FY 2004.

    Hero Motors Limited was awarded as Highest Automobile

    Exporter in the year of 1995-1996 & 1996-1997.

    Hero Motors is Certified by ISO 9000 in the year of 2002.

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    HISTORY OF HERO MOTORS:

    Hero, the brand name synonymous with two-wheelers

    in India, is a multi-unit, multi-product, geographically

    diversified, Group of Companies - the reflection of the steely

    ambition and indomitable grit of the Munjal Family. Hero

    began its journey around four decades ago. Munjal

    Brothers, the founders of the Hero Group, started out in

    1950 in business of bicycle components, and then complete

    bicycles. Like every success story, Hero's saga contains an

    element of spirit and enterprise; of achievement through grit

    and determination, coupled with vision and meticulous

    planning.

    Hero Motors is the part of the 7800 crore Hero Group with

    diverse interests in manufacturing engineering design,

    corporate services and value added engineering.

    The company incorporated its business with the name of

    Majestic Auto Limited in 1978. It was established atLudhiana by Mr. O.P.Munjal, chairman of the coimpany.

    Later in 1988 another production plant, namely Majestic

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    Auto Limited-II was established by Mr. Pankaj Munal at

    Ghaziabad. In 2005 the company has demerged and the

    second plant of Ghaziabad was renamed as Hero Motors

    Limited. The plant area of Hero Motors spread over 30 acre

    land. HML has another small plant of 20 acre land at

    Manesar, near Gurgaon where they produce Ferrous

    casting products for their customers. At Manesar a different

    foundry project is also going on for establishing another big

    production plant over there.

    Hero Motors (and subsequently Hero Global Design), set up

    in 1988 was originally focused solely on the two-wheeler

    market. The company manufactured two stroke mini

    motorcycles under the HERO PUCH brand, two strokescooters under the HERO WINNER brand and four-stroke

    step through motorcycles under the HERO SMART and

    HERO STING brand.

    The Automobile and the Automobile Component Industry is

    one of the largest growing in India. Hero Motors considers

    this to be a focus area. Since 2004, based on a new

    strategic initiative, Hero Motors is nurturing the integrated

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    EVALUATION OF HERO MOTORS:

    1988 - Set up to manufacture mopeds in technical collaborationStyer Daimler Puch, Austria

    1993 - Became Indias largest exporter of two wheelers

    1995 - Launched Indians first big wheeled PTW in technical

    collaboration with Malaguti, Italy

    1998 - Started development of four stroke engines in technical

    collaboration with Briggs & Stratton, USA

    - Designed two vehicles in technical collaboration with I.D.E.A

    Institute, Italy

    - Formed HERO GLOBAL DESIGN

    2001 - Launched HGD designed specialized moped HERO

    POWER range

    2002 - Launched Indias first four stroke moped HERO SMART

    2003 - Launched step thru motorcycle - fully designed by HGD HERO- STING Entered into agreements with ROTAX for engine

    & part development & plant up gradation

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    We focus on process to deliver the end results.

    We encourage Plan first FOCUS ON RESULT ORIENTED

    PROCESS

    We accept failures, if lessons have been learnt from these

    failures. ACCEPT, LEARN & IMPROVE FROM FAILURES

    We take decisions in the light of Service, Quality, Delivery

    and Cost in the same order of priority. SQDC OUR WAY

    OF DECISION MAKING

    We provide equal opportunities to all for growth in their

    career with HERO. ORGANIZATIONAL GROWTHTO INSPIRE ALL ASSOCIATED INDIVIDUALS

    We encourage and promote work environment based on

    internal customer-supplier relationship. Those who run

    extra mile to bring improvement in customer (internal/

    external) satisfaction are recognised. EVERY ONE IS CUSTOMER / SERVICE PROVIDER AT HERO

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    SAFETY- No. of accident

    PRODUCTIVITY- 1. Delivery performance

    2. Machine uptime

    3. Product development time

    QUALITY- 1. Customer rating

    2. BOP rejection

    3. In-house rejection

    4. Customer end rejection

    COST- 1. Cost of poor quality

    2. Premium fright

    MAN DEVELOPMENT - Training Mandays

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    The purpose of this report is to evaluate the on going

    activities carried out under Employee Welfare Schemes in

    Hero Motors Ltd, and Comparing with other organizationsso that to competently support the organization to develop

    and administer effective employee welfare and ensure

    continuous commitment from employee part for achieving

    the ultimate goal of the organization

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    SAMPLE:

    ESCORTS TRACTOR LTD.

    18/4 Mathura Road- Faridabad

    MOTHRSON AUTOMOTIVE TECHNOLOGIES &

    ENGINEERIMG LTD.

    D-14, Sector-59, Noida

    KENWOOD NIPPON

    D-8, Sector-10, Noida

    Instruments Used:

    Questionnaire

    Data Collection Method:

    Primary Data: Through Questionnaire

    Interview method

    Details of data regarding cost from files of Finance

    Department.

    Personal observation of every welfare facility

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    PROJECT EVALUATION METHOD:

    PROJECT EVALUATION METHOD:

    Sort out the feedback of different companies about what

    they give to their employees and also sort out the

    information of benefits given by Hero Motors.

    Summary of Feedback for Future Planning from responses. Analysis of surveys through statistical tools and charts and

    evaluation of the study.

    Analysis of the information gathers from other companies

    and makes comparison of total employee welfare schemes

    in different parameters.

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    Employees are always important the people who put Hero

    Motors business philosophy into practice. HML wants

    employees who can carry out their missions and fulfill their

    roles, with the aim of contributing to the enhancement of the

    Companys enterprise value, thereby winning societys trust.

    In order to have a solid organization which attracts and

    inspires employees like these to actively contribute to the

    Company with their best efforts, skills and abilities. Hero

    Motors is endeavoring to establish effective systems for performance evaluation and compensation, human

    resources development, and staff deployment.

    Furthermore, HMLs welfare and benefits system is

    designed to provide an environment in which employees

    can enjoy fulfilling lives both at work and at home, and make

    the most of their abilities. While providing a workplace

    where employees can focus on their work without

    distractions, the welfare and benefits system also helps

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    keep them in the best of health, and serves as a safety net,

    giving employees a stronger feeling of security.

    LOAN POLICY:

    Hero Motors provides its employees two types of loans-

    Personal loan for any personal purpose like marriage,

    higher education, housing etc and Vehicle loan. Total 10

    loans approved in a month in first come first serve basis.

    For staffs there is no interest charged up to Rs. 5000/- and

    recovered in 10 equal monthly installments from the

    employees salary, above this amount 14% interest are

    charged/ year and recovered in 20 EMI. For workers up toRs.15000/- is interest free above which 14% interest are

    charged.

    As vehicle loan, 75% of the total cost paid by company as

    loan in 5% interest and recovered in 60 EMI including

    interest. Car loan available for managers and above only.

    Amount given as loan at different levels:

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    G.M and above - 2 Lac

    A.G.M I - 1.5 Lac

    A.G.M II - 1.25 Lac

    Managers - 1 Lac

    CANTEEN FACILITY:

    Canteen is not only a place for taking lunch or dinner. It is a

    place where employees on department can meet with

    employees of other departments and can make some

    chitchat that helps to improve the informal communication

    flow within organization. In Hero Motors a specious and

    well-equipped canteen is there facilitated with every modern

    facility like comfortable seating arrangement, water cooler and washing facility.

    Hero Motors provides canteen subsidies for employees;

    lunch coupon distributed at Rs.14/- and Rs. 3/- is paid by

    company as subsidy. Snacks coupons are distributed at 35

    paise to workman and at breaks two times free teas areprovided. Employees working for overtime above 4 hours

    are entitled for free lunch. Summer Trainees are provided

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    free lunch during their training periods. Except these meal

    allowances for lunch and snacks are also given to

    employees if they are outside the plant for any official

    purpose during lunchtime. Hero Motors provides free lunch

    to the visitors and guests (like corporate guests or

    candidates of interview) who come for any official purpose.

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    MEDICAL COST OF LAST THREE FINANCIAL YEARS:

    Year

    Cost for

    medicines

    Cost behind

    employees

    treatment

    Doctor's

    fees

    April 2005-

    March 2006 59,700 39,000 72,000April 2004-

    March 2005 12,000 97,400 60,000April 2003-

    March 2004 23,300 4,50,000 60,000

    Hero Motors gives its employees mediclaim facility, under

    which the policy premiums for employee are given by Hero

    Motors and policy premium of employees family members

    are paid by employee.

    MAXIMUM AMOUNT PAID AS PREMIUM AT DIFFERENT

    LEVELS:

    MD and Family 5 LacVice President and Family 4 Lac

    General Manager I/II 3 Lac

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    Assistant General Manager I/II -2 Lac

    Manager I/II, Assistant Manager I/II- 1.5 Lac

    Executive I/II/III -1 Lac

    Supervisor Rs. 50000/-

    Workmen/ Driver/ Peon- Rs.15000/-

    Uniform Provided:

    To create a sense of unity, proud feelings for organization

    and a sense of belongingness it is very necessary for every

    organization to create and maintain an identity. For this

    purpose Hero Motors provides uniforms for all its employees

    from workers to high-level managers.

    Two pants and two shirts for men and sarees and salwar

    suits for ladies are distributed yearly. Sweaters and jacketsare given alternatively in every winter. Shoes, socks, belts,

    woolen socks are also provided to workers.

    As per requirements of the job, personal protective

    equipments like masks, gloves, safty shoes, dangri suits (for

    paint shop and machine shop workers), caps etc are also

    provided to workers.

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    Transportation facility:

    Providing transportation facility is a very important aspect of

    any organization to its employees. Because if the way to

    reach the organization is not very convenient and the

    employee has to face lots of problems during every day

    journey it can affects the organization in a very large way. It

    may results in late comings that hamper organizational

    culture and also the productivity, again facing problems in

    daily up-down may irritate employees and they may feel to

    switching the job means, increasing employees

    dissatisfaction and lost of good employees which can be a

    severe problem for any organization.

    Hero Motors has three buses, which give trips in four

    different shifts. The buses cover different routes for their workers coming from different places.

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    COST BEHIND BUS SERVICE IN LAST FINANCIAL

    YEAR : RS. 9,65,000/-

    Training and development:

    Training is way to make sure that employees have the right

    skills to effectively operate various machines and manage

    various challenging situations. Employer gives training to

    his/her employees so that employees can do the same job

    in some better way, which ultimately increase the quantity of

    production and also the quality of work. It is basically given

    by every organization for technical up-gradation of the job

    where as development program is carried out with the view

    to explore and upgrade the qualities of employees inner

    quality. Development program is very necessary for the

    personal growth of employees.

    Hero Motors gives special emphasize on this aspect for its

    employees. In Hero Motors Employee Training Programs

    are carried out by a group of people of Quality Department.

    Hero Motors provides good scopes for employees to learn

    from Internal as well as External Training. Employees canattend Seminars and Workshops arranged by other

    organization and company bears entry fees for that. Hero

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    Motors invites/hires external trainer from outsides for

    Workers Training. Staff training programs also carried out

    as per training needs and plans. The training programs are

    carried out in two basic ways- a) On the job training and b)

    Off the job training. Off the job training is give using different

    methods like class room training, group discussion etc. After

    training, trainees are evaluated and ranked by the trainer to

    judge and compare their qualities and again a feed back

    form filled by trainees to welcome their suggestions.

    Cost of last three financial years behind training and

    development programs :

    Years

    Cost for

    Training

    Cost of

    Seminars &

    Workshops

    Total Cost

    March'2005-

    April'20063,76,400 63,800 4,40,200

    March2004-

    April'20053,34,300 1,000 3,35,300

    March'2003-

    April'20045,89,000 37,600 6,26,300

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    Telephone Allowance :

    Todays business world is very dynamic in nature and itdemands proper and quick execution of any work.

    Managers have to update their information base in every

    moment and have to take decisions in challenging situation.

    For this it is very necessary to stay connected with their

    colleagues and boss within and outside organization also.

    Now a days most of the companies give mobile and

    telephone allowances to their managers.

    Hero Motors grants mobile allowance from supervisor level

    to highest level of management and paid for residential

    telephone bill only to top-level management.

    Amount given as mobile allowance at different level:

    Vice president and above : Rs. 3500/- per

    month

    General manager I / II : Rs. 2200/- per

    month Assistant General Manager, Manager : Rs. 1500/- per

    month

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    Assistant manager I / II : Rs. 1000/- per

    month

    Executive I /II /III, Supervisor I/II/III : Rs 600/- per month

    Motivational Tool: Awards :

    It is easy to buy ones time but time may not produce any

    results unless it is a productive time and time can be

    productive when it is possible to buy ones positive mind and

    attitude. There is a very simple way to buy ones positive

    mind by motivating him/ her. Motivated employees can give

    two times extra than a dissatisfied employee. Rewarding

    employees is that simple tool.

    Award is a way of appreciating ones job from management

    side; it is a proof or formal recognition. Award is a tool of motivating employees to do the job with new zeal,

    enthusiasm, hard work and sincerity.

    Hero Motors rewarding employees for long service and

    retirement. The Long Service Awards are given for 5years,

    10years, 15 years and 20 years. For 10 years service Two-in-One Music System, 15 years CD Player and 20 years

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    gold chain of 8 gms are given by the company. There is an

    award given once in a year as Regular Attendance Award.

    Gifts and Events :

    It is an old says that all works and no play make jack a dull

    boy. So celebration of various festivals and events are

    necessary to welcome a wind of relieve ness so that

    employees can start their job with a new passion. Again

    these types of celebrations give employees a chance to

    meet each other in an informal atmosphere and also a

    chance to show their other creative talents.

    Although in Hero Motors these types of celebrations are not

    done in very frequently, still some special days are

    celebrated by Hero Motors employees. The Foundationday is celebrated every year, on that day puja or hawan are

    done in the morning. After that, eminent personalities give

    their speeches and laddo and snacks are provided by

    company. Special lunch is provided in all special occasions.

    Independence Day, Republic Day is also celebrated in

    Hero Motors.

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    Hero Motors gives its employees Diwali Bonus & gifts with

    sweets in every year.

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    Comparison between companies regarding training

    cost:

    Companies Total CostHML 450000ESCORT 500000MOTHERSON 200000

    NIPPON 60000

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    450000

    500000

    200000

    60000

    0

    50000

    100000

    150000

    200000

    250000

    300000

    350000

    400000

    450000

    500000

    Training Cost

    HML

    ESCORT

    MOTHERSON

    NIPPON

    Training Cost incurred behind per employee in a year in

    different companies:

    Companies Cost/employee/year HML 1000ESCORT 143MOTHERSON 348

    NIPPON 30

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    1000

    143

    348

    30

    0

    100

    200

    300400

    500

    600

    700

    800

    900

    1000

    Cost/employee/year

    HML

    ESCORT

    MOTHERSON

    NIPPON

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    COMPARISON BETWEEN COMPANIES REGARDING

    LOAN FACILITY:

    Companies Maximum loan amountHML 200000ESCORT 50,000MOTHERSON200000

    NIPPON 50,000

    200000

    50,000

    200000

    50,000

    0

    20000400006000080000

    100000120000140000160000180000200000

    Maximum loan amount

    HML

    ESCORT

    MOTHERSON

    NIPPON

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    Comparison between companies regarding canteen

    subsidy:

    Companies

    Canteen

    SubsidiesHML 3ESCORT 7.25MOTHERSON 12

    NIPPON 0

    Canteen Subsidies

    3

    7 .2 5

    1 2

    0

    0 5 10 15

    HML

    ESCORT

    MOTHERSON

    NIPPON

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    Comparison between companies regarding medicine

    cost:

    Companies Medicine CostHML 120ESCORT 60MOTHERSON 104

    NIPPON 61

    Medicine cost/employee/year

    120

    60

    104

    61

    HML

    ESCORT

    MOTHERSON

    NIPPON

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    Comparison between companies regarding Gift cost:

    Companies Gifts costHML 700ESCORT 1000MOTHERSON 1200

    NIPPON 2000

    0

    500

    1000

    1500

    2000

    Gifts cost

    Gift cost/employee/year

    Comparison between companies regarding Breaks :

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    In Hero Motors different amount is granted as loan to

    different managerial level where as in Escort the maximum

    amount of loan is fixed for all as per their loan policy. Again

    in Motherson the highest amount is 2 lac which is fixed but

    in Nippon the maximum amount of loan granted to an

    employee does not exceed the gross salary of the person.

    In Nippon there is no canteen facility available within the

    plant. Escort gives Rs.7.25 as canteen subsidy and

    Motherson gives Rs. 12 as canteen subsidy where as Hero

    Motors gives only Rs.3 as canteen subsidy.

    Escort pays a large amount (Rs. 210000/-) behind medicine

    and first aid cost but cost per employee per year is only Rs.

    60/-, in Motherson total amount expended is (Rs.240000/-

    for 4 units) Rs.60000/- but cost per employee is much morehigh that is Rs.104/-. In Kenwood Nippon first aid and

    medicine facility available to every department. The total

    cost expended is not very high (Rs. 21000/-) but per

    employee cost is nominal Rs.61/-. Hero Motors pays good

    attention in this regard, total amount expended is

    Rs.120000/- where as per employee cost is Rs. 120/- which

    is satisfactory.

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    Motherson is a large company, it has 4 units situated in four

    different locatons. Its expend Rs.24 lac as mobile allowance

    but this amount they expended in their 4 units and per unit

    expenditure is Rs.6 lac. In HML it is Rs. 8 lac, in Nippon it is

    Rs. 4.5 lac. But the highest amount paid by Escort that is

    Rs. 18 lac as mobile allowance.

    Nippon pays the highest amount for gifts that is Rs. 2000/-,

    Motherson pays Rs. 1000/- for gift of per employee per year,

    Escort pays Rs.1200/- and Hero Motors expends Rs. 700/-

    per employee per year which is not satisfactory.

    In Hero Motors 2 pairs of uniform provided to per employee

    in every year, it is same for Escort and Motherson, only in

    Nippon it is 4 pairs for each employee. Hero Motors

    expends Rs 1000/- as per pair cost, Escort expends Rs.1200/- for per pair and Motherson expends Rs. 1250/- for

    per pair cost. But Kenwood Nippon provides Uniform of Rs.

    600 /- (perpair cost).

    In Hero Motors 2 tea breaks of 15 minutes and 30 minutes

    lunch break (total 60 minutes breaks). In Escort only lunch

    break of 30 minutes are given, in Motherson 2 tea breaks of

    5minutes each and 30 minutes lunch break are given and in

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    Nippon 30 minutes lunch break and 2 tea breaks of 10

    minutes (total 50 minutes) are given.

    Hero Motors paid good attention to training and

    development activities, it expends Rs.450000/- per year

    behind training program, seminars and workshops and the

    cost paid for per employee per year is Rs. 1000/-, in Escort

    the total cost for training is Rs. 500000/- and per employee

    cost is Rs. 143/-, in Motherson Total cost is Rs. 200000/-

    per unit and per employee cost is Rs. 348/- and Nippon

    pays minimum attention in this regard, the per employee

    training cost is Rs. 30/-.

    No transportation facility available in Motherson and

    Kenwood Nippon. Escort has 20 buses and travel in two

    shifts where as Hero Motors has only 3 buses for transportation.

    In Nippon if employees stay till 8:30 p.m. convenience are

    given to them, if they stay till 10 p.m. food and convenience

    both are given to them and if employees come at work place

    in holidays then convenience, dinner and lunch all are given

    by the company.

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    SUGGESTIONS FOR HERO MOTORS:

    Staff Welfare activities are well organized in Hero Motors,

    but there are some areas where improvements are

    necessary

    Up gradation in Canteen facility: Although the quality of food

    is very much satisfactory in Hero Motors but shortage of

    meal is every day problem, in canteen they should make

    some extra amount so that employees come in late at lunch

    hour should not suffer from this problem. Hero Motors has to

    pay attention to this problem, to solve this they can follow a

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    rule that employee who take lunch in canteen should submit

    their coupon to canteen in that day morning.

    Transportation facility: There is no transport facility given for

    staff in general shift. There is no easy convenience is

    available from Lalkuan to factory. It is very important cause

    of loosing energy and valuable time of staffs and even

    number of buses arranged for workers is not sufficient.

    Refreshment facility: It is observed that there is no

    arrangement of snacks or refreshment. It can be arranged

    by Administrative Department in canteen. It may be

    subsidized or not subsidized as per management decision.

    This facility can easily motivate people for staying and

    completing their target. More over drinks and dry foods

    should be available in canteen so that employee can

    consume those by purchasing any time.

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    Assessment of training program : Hero Motors expends lots

    of money for employee improvement in training and

    development program but it is also very necessary to

    evaluate the effects of those programs in terms of

    productivity and positive attitude of employees.

    Library facility: There is no common library in Hero Motors.

    Hero Motors should arrange a library within the plant so that

    employees who are eager to gain more knowledge of

    different field can fulfill that. More over it is not necessary to

    force them for that but to make an arrangement for

    employees to gain knowledge.

    Recreational Club and Study circle : It is suggested to Hero

    Motors that they should open a recreational club so that

    employees can spend some times after working hour (if they

    want) for some creative purpose to improve their inner

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    qualities and hidden talent. Again these types of clubs helps

    to improve organizational climate as it increase informal

    communication.

    Hero Motors can arrange a study circle in which employees

    can join voluntarily and can make discussion on any recent

    topic related to their work field or any general. It helps to

    increase knowledge base and also communication power.

    Ambience and Seating arrangement in gate : Like any good

    organization Hero Motors has a well furnished reception

    area but there is a says that first impression is the last

    impression and in gate where any visitor has to wait for

    some time to meet some body and the seating arrangement

    is very bad there and the worst thing is that the latrine and

    water cooler are in very situation. So Hero Motors should

    pay attention to this.

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    Different seating arrangement for HR department: In Hero

    Motors HR department and workers attendance room are

    same, small room called Time Office. Shift time is

    maintained from that room. Hero Motors can use this room

    only for maintain shift timing and taking attendance of

    workers but a different cell should provide to other

    employees of HR department where a separate cabin can

    be given to HR head. Because workers are entered in any

    time in time office which create disturbance in other official

    works.

    Social Get-together and cultural events : Hero Motors

    should arrange any social get-together like picnic that is

    very necessary for Hero Motors because due to lack of such

    get together employees are feel bore in their daily life. Again

    it is suggested to HML that a cultural evening should be

    arranged at the foundation day to give employees a chance

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    to show their creative talents. Specially these types of

    activities increase the mentality to do team work.

    LIMITATIONS OF THE PROJECTREPORT :

    Comparison of this report is based on the information

    provided by the HR personnel of other companies and it

    may be possible that all the welfare activities may not be

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    fully maintained as per their companys rules in actual

    practice.

    The costs (numerical values) of different welfare activities in

    other activities may not accurate, so approximate values are

    taken for comparison.

    In other companies survey questionnaire is filled by

    representative of management not by the employees. So it

    is not possible to make comparison of employee satisfaction

    regarding welfare of Hero Motors with other companies.

    All companies not able to provide all the detailed information

    needed by the questionnaire, so, all the different parameters

    cannot be compared in the report as per previous plan.

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    QUESTIONNAIRE

    PROFILE OF RESPONDENT

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    Name of

    Company:----------------------------------------------------------------------

    Address of the

    Company:---------------------------------------------------------------

    Name of

    Employee:----------------------------------------------------------------------

    Age; --------------------------------

    Gender---------------------------

    Education---------------------------------------------------------------------------------

    -Designation-------------------------------------------------------------------------------

    EMPLOYEE WELFARE SCHEMES1. Working Conditiona) Plant Environment: I) Ventilation

    ii) Lighting

    b) Office Environment: I) Air condition Facility:

    ii) Seating Arrangement:

    c) Timings: I) Shifts:

    ii) Overtime:

    iii) Breaks:

    d) Refreshment Facility: I) Latrine: Total No. :Hygiene Cond.

    ii) Water: Total No.of water cooler:Hygiene Cond.

    iii) Tea/ Coffee No./Day:e) Office Accessories: No. Per Deptt.

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    I) Personal

    Computer/Laptop:

    Total cost/ deptt:

    ii) Telephone/

    Intercom Facility

    No. Per Deptt.

    2. Policiesa) Loan policy: I) No. of loan

    sanctioned/ month:

    ii) Max amount of

    loan given:

    iii) Interest rate:

    iv) Loan recovery

    policy:

    b) Mediclaim policy: I) Total amount paid by company/yr.:

    ii) Rules regarding policy:

    iii) Max. Amount given: 3. Canteen Facilitya) Price- Lunch: I) Coupon Rate:

    ii) Subsidies: b) Price- Snacks: I) Coupon Rate:

    ii) Subsidies:

    4. Medical Facilitya) Regular Doctor/

    Dispensary:

    I) Visit/Week: ii) Cost/year:

    b) First Aid &

    Medicine:

    i) Avg. Cost/year.: ii) Availability:

    c) Total cost/ year: 5. Scope for Personal Growtha) Training Facility: i) Ways of training:

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    a) Internal b) External

    c) On-the-job d) Off-the-job

    ii) No. of Training/month:

    iii) Work related: iv) Cost/Year: v) Mandays/employee/year:

    b) Seminar &

    Workshop:

    i) Avg. No. of Seminar & Workshop attended/Year.:

    ii) Avg. cost for attending Seminars & Workshop/Year.:

    c) PerformanceAppraisal:

    I) AppraisedEffectively:

    ii) Half yearly/

    Yearly: iii) Regular Scope

    for Promotion: d) Awards &

    Certificates:

    I) Monetary

    Award: ii) Long Service &

    Retirement

    Award: iii) Regular

    Attendance

    Award:

    iv) Any Other:

    e) Library Facility:

    6.Transportation Facility

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    a) Bus Service:

    I) No. of Buses:ii) No. of trips/

    shifts:

    b) Allowance:

    7. Telephone/ Mobile Facilitya) Mobile allowance: FOR

    DIFFERENT

    LEVELS:

    Rs. /- per monthRs. /- per monthRs. /- per month

    b) Telephone

    Allowance:

    FOR

    DIFFERENT

    LEVELS:

    Rs. /- per monthRs. /- per monthRs. /- per month

    8. Organizational Climatea) Communication flow:

    b) Way of supervision:

    9. Safety Measurea) Fire Protection:

    b) Chemical/HazardousProtection:

    c) Measure for Accident

    Protection

    10. Security Measuresa) Manpower Security: I) Total No of security man:

    b) Technical Protection:

    11. Other Facilities

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    a) Children Scholarship: I) No.of

    Scolarship/

    Year:

    ii) Total amountgiven/ Year:

    b) Leave & Holiday

    facility:

    c) Providing Dress: i) No. of Shirts,

    Pants shoes,

    sweaters:

    ii) Yearly cost/uniform:

    iii) Cost of

    Personal

    Protective

    Equipments:

    iv) Total cost/

    year:

    d) Gifts:

    e)

    f)

    g)

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    BIBLIOGRPHY

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    BIBLIOGRAPHY

    MAGAZINES:

    Auto India

    Auto Sports

    Business Times

    Business World

    NEWSPAPERS:

    The Times of India.

    The Hindustan Times

    Economics Times

    WEBSITES :

    www.herohonda.com

    h h d h l i di

    http://www.honda.com/http://www.hondatwowheelersindia.com/http://www.honda.com/http://www.hondatwowheelersindia.com/