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Takesh-projectppt

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TAKESHWAR VERMA
TAKESHWAR VERMA

Hirmi Cement Works aims to become a world-class manufacturing unit benefiting stakeholders. It provides housing, medical care, transportation, discounted electricity and other benefits to retain employees. However, employee turnover remains high and productivity and stress levels are issues. Suggestions include clearer job descriptions, performance reports, policies for long-serving employees, and disability insurance to improve retention.

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Our vision To be a premium global conglomerate with clear focus on each business. Our Mission To deliver superior value to our customers , shareholders , employees and society at large. Our values Integrity Commitment Passion Seamlessness Speed
HIRMI CEMENT WORKS Unit Vision To become a world class manufacturing unit with focus on Safety, Health , Environment ,Customer Satisfaction Benefiting all stakeholders and encompassing Cost Effectiveness Hirmi Cement Works, UltraTech Cement Limited is part of the US $40 billion Aditya Birla Group. The company has an installed capacity of 5 Million Tonnes Per Annum (MTPA).UltraTech Cement provides a range of products that cater to all the needs from laying the foundation to delivering the final touches. The range includes Ordinary Portland Cement, ,Portland Pozzalana Cement, Ready Mix Concrete.
OBJECTIVES OF THE STUDY To find out reasons of high employee turnover and calculating rate of turnover. To measure effectiveness of all facilities, benefits and retention scheme being provided by company.
RETENTION STRATEGY AT UTCL HIRMI CEMENT WORKS Internal Recruitment System (IRS) Policy CEP (Continuing Education Policy) Loans (Marriage / Furniture / Vehicle) Cement Business Scholarship/Pratibha Scholarship Professional Membership Super Annuation Gratuity Scheme Company Car loan Nishchinta / Sunishchit Medical facilities
o Free Electricity Unit usage in HCW Township. o Transport facility. o Leave Travel Allowance. o Own your own car scheme.
APART FROM COMPETITIVE SALARY HIRMI CEMENT WORKS PROVIDES S.No Benefits and Facilities 1 Housing 2 School 3 Medical centre 4 Departmental store 5 gym 6 Discounted electricity 7 Club membership 8 Recreation centre 9 Garden, park ,Temple , playground 10 water 11 cooler 12 13 Security Transportation (bus) A high salary may bring employee but benefit retain them
FINDINGS In spite of having all this facilities still there is Low productivity Employee turn over is comparatively high Stress level is very high Company is unable to become world class manufacturing unit
SUGGESTIONS Giving job description every year with New Year greeting card to employees. Performance report card Polices for college dropout employee have more than 15 year of experience with organization. There should be additional permanent disability insurance for employees work in mechanical, project and TPP.
CONCLUSION In most of MNCs work stress is big problem in retaining key employees and management cadre employees. Company should takes some initiatives to make workplace more pleasent,harmonous and productive.

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Takesh-projectppt

  • 1. Our vision To be a premium global conglomerate with clear focus on each business. Our Mission To deliver superior value to our customers , shareholders , employees and society at large. Our values Integrity Commitment Passion Seamlessness Speed
  • 2. HIRMI CEMENT WORKS Unit Vision To become a world class manufacturing unit with focus on Safety, Health , Environment ,Customer Satisfaction Benefiting all stakeholders and encompassing Cost Effectiveness Hirmi Cement Works, UltraTech Cement Limited is part of the US $40 billion Aditya Birla Group. The company has an installed capacity of 5 Million Tonnes Per Annum (MTPA).UltraTech Cement provides a range of products that cater to all the needs from laying the foundation to delivering the final touches. The range includes Ordinary Portland Cement, ,Portland Pozzalana Cement, Ready Mix Concrete.
  • 3. OBJECTIVES OF THE STUDY To find out reasons of high employee turnover and calculating rate of turnover. To measure effectiveness of all facilities, benefits and retention scheme being provided by company.
  • 4. RETENTION STRATEGY AT UTCL HIRMI CEMENT WORKS Internal Recruitment System (IRS) Policy CEP (Continuing Education Policy) Loans (Marriage / Furniture / Vehicle) Cement Business Scholarship/Pratibha Scholarship Professional Membership Super Annuation Gratuity Scheme Company Car loan Nishchinta / Sunishchit Medical facilities
  • 5. o Free Electricity Unit usage in HCW Township. o Transport facility. o Leave Travel Allowance. o Own your own car scheme.
  • 6. APART FROM COMPETITIVE SALARY HIRMI CEMENT WORKS PROVIDES S.No Benefits and Facilities 1 Housing 2 School 3 Medical centre 4 Departmental store 5 gym 6 Discounted electricity 7 Club membership 8 Recreation centre 9 Garden, park ,Temple , playground 10 water 11 cooler 12 13 Security Transportation (bus) A high salary may bring employee but benefit retain them
  • 7. FINDINGS In spite of having all this facilities still there is Low productivity Employee turn over is comparatively high Stress level is very high Company is unable to become world class manufacturing unit
  • 8. SUGGESTIONS Giving job description every year with New Year greeting card to employees. Performance report card Polices for college dropout employee have more than 15 year of experience with organization. There should be additional permanent disability insurance for employees work in mechanical, project and TPP.
  • 9. CONCLUSION In most of MNCs work stress is big problem in retaining key employees and management cadre employees. Company should takes some initiatives to make workplace more pleasent,harmonous and productive.