ivrcl infrastructures & projects limited hyderabad …. pandu ran… · ivrcl infrastructures...
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IVRCL INFRASTRUCTURES & PROJECTS LIMITED
HYDERABAD – ANDHRA PRADESH, INDIA.
TOPIC : Engaging, Retaining & Motivating Employees.
BY : K. Pandu Ranga Rao, Group Head – HR & Admn.
INDEX
- IVRCL - Company - Mission / Vision / Targets.
- IVRCL – Management Structure.
- IVRCL – Core Sectors - Water / Transportation / Buildings / Power / Irrigation.
- IVRCL - HR Role.
- IVRCL – Engaging, Retaining & Motivating Employees.
- IVRCL – Strategies for Retaining & Motivating Employees.
- IVRCL – Retaining & Motivating Plans.
- IVRCL – Learnings from the past. IVRCL
- IVRCL -- Practices for Engaging Employees.
- IVRCL – Status of Human Capital Progression.
- IVRCL – Human Capital Attrition.
- Guiding Principles.
– IVRCL Infrastructures & Projects Ltd. established in 1987.
– Went for Public issue in 1995.
– Achieved a turnover of Rs. 5750 Crores in the year 2009-10.
– Rated as one of the fastest growing Construction Company
(CAGR of 50% over the last 5 years) in India.
– IMS certified company.
IVRCL - BRIEF BACKGROUND
IVRCL will be the National leader in
construction Industry, which makes
everybody’s life more comfortable
and safe. To reach our goals in
providing value to customers and
shareholders we follow IVRCL
culture. Key values are Co-operation,
People development, Environmental
concern, Professionalism and
Speed.
IVRCL - VISION
15,000 cr. - Turnover.
15,000 cr. - Assets.
To achieve the above, we need
7,500 - Human Capital.
IVRCL - TARGETS BY 2012
IVRCL’S UNIQUE MANAGEMENT STRUCTUREIVRCL - MANAGEMENT STRUCTURE
CHIEF
OPERATING
COMMITTEE
Business
Development
FinancePMC
Materials
Equipment
HR
Secreterial
REGIONS
CORPORATE
AhmedabadBilaspur
DIVISIONS
Water &
Environment
Building & Industrial
Structures
Power
Transportation
Irrigation
IVRCL – CORE SECTORS
CABLE STAY PIPE BRIDGE, COCHIN, KERALA
WATER SUPPLY SCHEME, VEERANAM – TAMIL NADU
IVRCL - WATER DIVISION
ROAD PROJECT BETWEEN
SRIKAKULAM TO PALASA,
ANDHRA PRADESH
IVRCL - TRANSPORTATION DIVISION
TUNNEL PROJECT
KONKAN RAILWAYS CORP. LTD.,
JAMMU & KASHMIR
STATE OF THE ART ROAD EQUIPMENT MACHINERY
IVRCL - TRANSPORTATION DIVISION
NATIONAL HIGHWAY PROJECT, ANDHRA PRADESH
HILL RIDGE SPRINGS, GACHIBOWLI, HYDERABAD,
ANDHRA PRADESH.
VILLAS AT HILL RIDGE SPRINGS, HYDERABAD, A.P
IVRCL - BUILDING DIVISION
KARNATAKA HOUSING BOARD,
BANGALORE
MULTISTORIED RESIDENTIAL BUILDING,
KAIGA, KARNATAKA
IVRCL - BUILDING DIVISION
PURANDAR LIFT IRRIGATION,
MAHARASHTRA
400 KV SWITCHYARD
AT GAJUWAKA,VIZAG, AP
IVRCL - POWER DIVISION
SRIPADA SAGAR PROJECT, KARIMNAGAR,
ANDHRA PRADESH.TELUGU GANGA PROJECT, BADVEL,
KADAPA , ANDHRA PRADESH
IVRCL - IRRIGATION DIVISION
IVRCL - HR - ROLE
(13) Morale
Building for
Employee
Retention
(Tool – MDP)
(12) Employee
Relations /
Communication
(11) Employee
Motivation
(10) Compensation
& Benefits
(9) Succession
Planning
(8) Learning
& Development
(7) Competency
Mapping
(6) Rewards
& Recognition
(5) Performance
Appraisal
(4) Induction
(3) Recruitment
& Selection
(2) Job Evaluation
& Classification
(1) Manpower
Planning
HR - ROLE
IVRCL – ENGAGING, RETAINING & MOTIVATING EMPLOYEES
“Engaging, Retaining and Motivating are
extremely important factors for achieving
business excellence.”
- Change is the order of the day. No one can stop it.
- Past Experience is no longer relevant.
- Knowledge is constantly becoming Obsolete .
- Take-Home Pay will be a great motivator.
IVRCL – STRATIGIES FOR RETAINING & MOTIVATING EMPLOYEES
- Freedom to enable them to do better.
- Empowerment To People.
- Place Right Man At The Right Job.
- Share the Joys and Sorrows Of The Employees.
- Permit to Participate In The Decision Making.
- Communicate the Growth Plans of the Organization to rank and file.
- Company policies must be Very Transparent And Easy To Understand.
- Implement the policies without any Fear or Favour.
IVRCL – STRATIGIES FOR RETAINING & MOTIVATING EMPLOYEES
- Inculcate Personal Relationships rather than official relationships.
- Provide Better Pay and Perquisites to improve Quality of Life.
- Reward Best Performers and take actions against Poor Performers.
- Managerial Excellence has to be maintained continuously.
- Go for Flexi work time.
RETENTION PLANSIVRCL – RETAINING & MOTIVATING PLANS
‐ Orientation Programmes.
‐ Competitive pay and Benefits.
‐ Paying Salaries, Increments and benefits on time.
‐ Rewards & Recognition porgrammes.
‐ Employees Stock Option.
‐ Congenial working environment.
‐ Learning and Development.
‐ Social Security Insurances.
‐ Mediclaim Policy.
‐ Positioning by locational preference.
‐ Collecting feed-back from New Joinings.
– Too many competitors.
– High Expectations by the candidates.
– Candidates playing in between the employers.
– Candidates taking too much time but finally not joining.
– Unable to attract right talent.
– Difficult in retaining.
LEARNINGS FROM THE PASTIVRCL – LEARNINGS FROM THE PAST
IVRCL – PRACTICIES FOR ENGAGING EMPLOYEES
- Advertisements.
- Through Consultants.
- Head Hunting.
- Job Portals.
- Walk-in Interviews.
- Known references.
- Unsolicited Applications.
- Internal Resources.
- Temporary and NMR appointments.
IVRCL - HUMAN CAPITAL PROGRESSION
1361
2628
4021
51965845
6075
7500
0
1000
2000
3000
4000
5000
6000
7000
8000
March
2005
March
2006
March
2007
March
2008
March
2009
March
2010
March
2012
(Target)
Strictly Confidential
IVRCL - HUMAN CAPITAL ATTRITION
30.58
27.45
23.24
9.658.3 7.2
6.0
0
5
10
15
20
25
30
35
March
2005
March
2006
March
2007
March
2008
March
2009
March
2010
March
2012
(Target)
“ If the pace of change is faster outside
than the pace of change inside
then the end is nearer. “
- Jack welch
GUIDING PRINCIPLESGUIDING PRINCIPLES
“ If employees values are not
in line with the organisational values
they may be successful else where.”
- Jack welch
GUIDING PRINCIPLESGUIDING PRINCIPLES
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