Some companies going for innovative HR practices are as follows:
TATA STEEL: Tata Steel has always endeavoured to offer some of the best HR practices, and the recruitment process is no exception. The recruitment process is unique as it entails identifying talent from the pool through various practices. Some of them can be enlisted as follows:
Opportunities for employee wards - domain wise written test, assessment centre, personal interview.
We also select talent through Lateral Recruitment process which involves interview by HR, subject matter expert and personal interviews.
Group Migration Policy for our employees, which enables the group employees to explore opportunities to work at Tata Steel from other group companies.
We provide career opportunities for down the line people and internal job postings ensuring that the best talent pool deserves the right opportunity in bringing the best practices in the company.
Campus Selection - B schools, T Schools - written test, psychometric test, personal interview.
Shadow recruitment for niche senior talent.
INFOSYS: Transparency is best HR policy during tough times.Said Kris Gopalakrishnan, CEO of Infosys: “When your customer is losing revenue by 20-30 per cent, you are forced to cut costs by about 30 per cent. It is important to explain the need to take such a decisions to all the stakeholders
JINDAL SAW LTD: The Organization values Human Resources as the most potent factor towards maximizing capital returns. Towards this goal and achieving the vision of the Company, the organization has put with operation processes and avenues around contemporary people practices covering amongst others, in areas of Sourcing, Performance Management, Culture, Work life balance, People Capability, People Engagement, etc. The Organization has an open, transparent culture, enabling employees to share views, suggestions, and concerns with their Superiors. Assess to Management at all levels is encouraged.
RANBAXY: the various HR policies which are followed by Ranbaxy, the pharmaceutical giant. Ranbaxy, well known for its sound HR policies, empowers all its employees to identify their own potentials in a professional set up. It is an equal opportunity employer where employees can innovate and find new ideas to work upon. This company takes pain in developing its employees as an attempt to increase their contribution behind their corporate success. It also trains its employees in their latest domains so that they can become a master performer in their particular field. An added advantage here is that you are entitled to be a share holder of your parent.
WIPRO: INTERNAL PEOPLE MANAGEMENT
current hr policies
ANNUAL LEAVE
very employee will get an annual leave of 30daysand if more than thirty days is taken than leave willbe deducted from the next year.
ANNUAL SICK DAYS
In a year 5 days are given as leave for sick days, if more than five days are taken a certain amount will be deducted from the salary.
training and development
A Person who join Wipro with less than one year experience works as developer for a couple of project to learn and develop the
various developing software program.
Training is provided as per required.
Wipro leaders program.
recognition and reward
· Wipro Hall of Frame
· Mastermind
· Thanks a zillion
· Dear boss
EDUCATION
Learning through internet is provided.
Education tie-ups :It provide (PGSM)Post Graduate SoftwareManagement program.
It also give middle management course for 5 weeks.
It also provide distance learning.
BENEFITS OFFERED
Medical assistance program.
Interest free loan is also provided.
It providesWipro Employee Stock Option Plan(WESO)allows wipro to make employee share withthem and reward the success.
It provide credit cards for the employee as per the policy.