HR practices

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Information about HR practices

Published on April 14, 2009

Author: aSGuest16750


:  “HR Practices and Their Motivational Impacts” Submitted By: Nishtha Sharma Shivangi Verma Presentation On Summer Training Project Report Table of Contents : Table of Contents Introduction To the project : Introduction To the project I did my summer training in PepsiCo India Holdings Pvt. Ltd. Bazpur. The main objective of this training is to make prevails in the organization, & get acquainted with its atmosphere & try to learn, to perform tasks & jobs as required at the time allotted. Company Profile : Company Profile PepsiCo is one of the companies that is having a very result oriented work approach with highly learned & experienced employees with great skills & knowledge. Type Public (NYSE:PEP) Founded New York U S (1965) Headquarters Purchase, New York, U. S. Area served Worldwide Slide 5: Key people Indra K. Nooyi ,(Chairwoman), (President) & (CEO) Industry Food, Non-alcoholic beverage Market Cap USD 107.19 Billion (2008) Revenue ?USD 39.474 Billion (2007) Employees 185000 (2008) Slide 6: MISSION:- "To be the world's premier consumer Products Company focused on convenience foods and beverages. We seek to produce healthy financial rewards to investors as we provide opportunities for growth and enrichment to our employees, our business partners and the communities in which we operate. And in everything we do, we strive for honesty, fairness and integrity.“ Slide 7: VISION “PepsiCo’s responsibility is to continually improve all aspects of the world I which we operate –environment, social, economic – creating a better tomorrow than today.” Tomorrow > Today   Quality Policy “Make, Sell, and deliver the beverage to the consumer as it was designed, In order to derive preference. Organisational Value:- : Organisational Value:- Sustainable Advantage:- : Sustainable Advantage:- PEPSICO INDIA HOLIDNG (PVT) LTD : PEPSICO INDIA HOLIDNG (PVT) LTD Mr. Sanjeev Chadha, CEO, PepsiCo India Holding (Pvt) Ltd. Head quarter Gurgaon Retirement age in PepsiCo 65years Direct Employees 4000 Indirect Employees 60,000 Plants 43 (total) Owned 15 Franchised 28 Introduction To The Topic : Introduction To The Topic The topic I selected for study was “HR Practices and Their Motivational Impacts”. This topic was selected because it is an interesting topic to work on, as it helps the HR department to know the effectiveness of its HR practices. Introduction To The Topic : Introduction To The Topic Motivation: A basic principle is that the performance of an individual depends on his or her ability backed by motivation. Performance= f (ability × motivation) HR Practices: A Best “Practice” in HR is a particular method, approach, or practice of managing people which has a positive impact on a company’s overall business performance by improving employee satisfaction, employee motivation, and customer Satisfaction, and/or bottom-line business performance. Some Good HR Practices at Bazpur Pepsi Plant : Some Good HR Practices at Bazpur Pepsi Plant Pepsi Bazpur, are committed towards a mode of management that aims at building a workforce that is motivated and aligned to organizational objectives. At Pepsi Bazpur plant many HR practices are used for the employees, but these practices can be categorized on the following basis: Financial Practices Nonfinancial Practices Financial Practices : Financial Practices Reward and Recognition Scholarship Program Learn smart( Training and development facilities Occasional Gifts Annual free medical checkup Domiciliary reimbursement Uniform distribution Non-financial Practices : Non-financial Practices Performance Appraisal: MBO For Staff Members Slide 16: 360 degrees for workers Slide 17: System of half yearly appraisal review Employee Recognition program Home Visit/Nanhe Sitare Safety related Training Sports day and Annual day Community Development in villages of associates Monthly employee communication: “Sankalp” Birth day celebration Of employees Idea Acceptance Award Employee of the month Motivational Impacts of These Practices : Motivational Impacts of These Practices Distribution of similar uniform to all the employees develops the feeling equality to the employees. Scholarship program provided to the kids of associates reduce the financial burden of the studies. One of the important practices which improve the skills of the employees is learn smart and training facility, which encourages them to work confidently. Slide 19: Reward and recognition is a practice which motivate the employees to do some good works apart from their duties. Home visit a practice in which staff members visit the associate’s house and take the pictures of their kids and these pictures are pasted in plant, which encourages the employees. Visual Recognition is a practice which immerge the feeling of recognition by their bosses after doing some special work. Objectives Of the project : Objectives Of the project To analyse the impacts of financial HR practices. To analyse the impacts of non financial HR practices. To seek the effect of HR practices on employee motivation. Scope of the project : Scope of the project In this study the researcher is concentrating on the best use of HR practices for employee motivation. It improves the living conditions, relationship of employers & employees as well as the production & image of a company. Importance of the project: : Importance of the project: The study of HR Practices And Their Motivational Impacts has the following importance- It impacts customer satisfaction. Enhances internal capabilities of an organization to deal with current or future change. It influences financial and other performance indicators. Energizes and encourage employees to work. Increase loyalty of employees towards the organization. Attract Man Power Reduce Absenteeism Reduce Turnover CONCLUSION : CONCLUSION Not only at the Head Quarter but also at the plant level HR Practices plays an important role and these practices are responsible for employee motivation and employee satisfaction. Motivation has a great impact on the employee performance. This is only motivation which makes the company better than others because nowadays every one has great technologies and machines but if employees are not motivated then the result could not be as desired. Slide 24: PepsiCo, Bazpur is doing nice effort to motivate their employees. And the practices are made in the form, that it can be effective for the workforce and as well as helpful in achieving the predefine goals of the company SUGGESTIONS : SUGGESTIONS As a new practice Performance linked bonus should be started. Loading shade should be there in the shipping yard. In the off season Indore games should planned. Some picnics with the staff should arrange. Some reward ceremonies should be organized

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