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8/13/2019 Annual report of Rupal
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1
PiramalPiramalGlassGlass
CompanyCompany
overviewoverview
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KOSAMBA PLANT
BACKGROUND OF THE COMPANY &FORM OF ORGANIZATION
PIRAMAL GLASS is a leading manufacturer of glass packaging for parmaceutical! "osmetic #
perfumer$ products% A d$namic &enture of PIRAMAL enterprises%
G'(ARAT GLASS )as originall$ *uilt in +,-. at Kosam*a in Surat district% It )as taken o&er *$ te
PIRAMAL /NT/RPRIS/ in +,01% G'(ARAT GLASS )as te manufacturer of containers of te
ealt products% Recently the name o the com!any chan"e# $om GU%ARAT GA'' (P) TD* to
PIRAMA GA'' TD +n A!$+l ,--.*
Since te time Gu2arat Glass )as ac3uired its product )ere strategicall$ for te ealt care industr$!
as focus on *eing te leading pro&ider of 45LA"ON AG/6 glass containers for te 3ualities
conscious parmaceutical # cosmetic industries )it a compounded annual sales gro)t of o&er 789
PGL en2o$s and leadersip position in te nice parmaceutical packing segments tat if operates in its
markets sare as 2umped from a*out :;9 of fe) $ears ago to o&er 1;9% PGL iste onl$ compan$ on
IN +? KOSAMBA@fact a 18 acres
Residential area+8 acres
:? (AMB'SAR
7? S=ARI LANKA
1? '%S%A
8? '%K
Te compan$ =ead office is at M'MBAI%
2
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KOSAMBA in S'RAT
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B2/+ne// A$ea/
Tere are in all 34units! Limited and Pri&ate limited companies in te group! and Piramal Glass Ltd!
5oreign "ompanies
C2/tome$/ o the P+$amal Gla// t#
Piramal Glass suppl$ products to te reputed parmaceutical! cemical! food! perfumes and cosmetic
industries in India # all o&er te )orld%
'ome o the Im!o$tant MNC c2/tome$/
Co/met+c Pha$ma
LF Oreal Glao
AON PfiDer
'nile&er A&entis
Sara lee "ipla
Niasi
"edilla
Re&lon CIndiaE /Merck
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In$a/t$2ct2$e an# !lant locat+on/%
F2$nace TPD P$o#2ct+on +ne/
. at Kosam*a 71; :7! Prod% Lines
Gu2% State! India
: at (am*usar 778 +:! Prod% Lines
Gu2% State! India
+ at Sri Lanka :;8 8! Prod% Lines =orana!
Near "olom*o in
Sarilanka
: at ' S A :7; ,! Prod% Lines
5lat Ri&er! Missouri! 'SA%
Total o 55 F2$nace/ 6+th 555- ton/ o Gla// #$a6 !e$ #ay 6+th 78 P$o#* +ne/*
5
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9I'ION
To *e amongst te Top Tree 5lacconage Cglass *ottleE manufactures in te )orld%
Te *usiness of GGL )as earlier o)ned *$ te erst)ile Gu2arat Glass Limited! a listed
Pu*lic Limited "ompan$! engaged in te *usiness of manufacturingHdealing in glass
containers for parmaceutical industr$% In +,00! te Piramal Group ac3uired Nicolas
La*oratories Limited CNicolasJ! no) kno)n as Nicolas Piramal India LimitedE% Teerst)ile Gu2arat Glass Limited )as ten merged )it Nicolas in +,,; after )ic it
continued as te Glass
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ISO ,;;+:;;; Series certification in (anuar$ :;;;
ISO +1;;+ series certification
O=SAS +0;;+ certification
SA 0;;; social certification
ISO +87-0 parma packaging Going for certification
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P$+nt+n"*
PIRAMAL GLASS LT< is a&ing 7 t$pes of container C*ottlesE%
TYPE 15 It is kno) as BOROCIICATE GA'' and it is used for MEDICA CONTAINER
(0ottle)
TYPE 1, It is kno) as TREATED GA''and it is used for GUCO'E CONTAINER(0ottle)
TYPE 13 It is kno) as 'ODA IME GA'' and it is used for CO'METIC & PERFUME
CONTAINER(0ottle)
O2$
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TYPE' OF COMMUNICATION CHANNE
"ommunication is must for decision making # decision making is te *asis for putting te plan into
action% In PIRAMAL GLASS LT< all te functions # le&els are pro&ided )it computers #
connected )it te s$stem for online process entries # control%
All te tree plants at kosam*a! (am*usar # Sri lanka are connected )it dedicated satellite
communication cannel
All te le&els # functions are pro&ided )it computer # connected )it 'APs$stem for online
process%
e a&e started B:B functions )it selected customers in )ic customers can ceck te stock
position! production planning in *ot te plants # place te order electronicall$ in internet #
ceck te status of dispatc%
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ot2/ note/
Satellite communication s$stem connecting all plants and all computers for communications! transfer
of data # files% Also a&e all t$pes of forms like lea&e gatepass!
"ommunication is must for decision making # decision making is te *asis for putting te plan into
action% In PIRAMAL GLASS LT< all te functions # le&els are pro&ided )it computers #
connected )it te s$stem for online process entries # control%
All te plants # departments are connected )it SAP s$stem Intercom pro&ided )it Lotus Notes! /
mail! ST< # IS< connection%
COMPETITI9E 'CENARIO;
Pha$mace2t+cal
itrum Glass
=industan National Glass
Neutral Glass
AGI
=ald$n
Co/met+c & !e$2me$y
Astral Glass
O/RALL ORGANISATION "'LT'R/
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Te organiDation as adopted good )orkmansip polic$ and o*ser&es all safet$ and en&ironmental
precautions%
Also te compan$ as a discipline in timings! and compliance of statutor$ rules% "ompan$ *elie&es in
customer satisfaction at te top )ic compan$ is on te )a$ to install 3ualit$ # en&ironment &iD ISO
,;;+ and ISO +1;;;%
All te emplo$ee are cooperate )it /ac oter in Good # formal manner # te$ are elpful to eac
oter% Most of te emplo$ees are $oung # terefore !te compan$ gets te ne) idea of doing te )ork
# )ork *ecame eas$%
% PGL pro&ide 3ualit$ product to its customer and safet$ measurement to its emplo$ees%
All te emplo$ees of te PIRAMAL GLASS LT< )are uniform )en te$ are on dut$% PGL pro&ides
follo)ing safet$ measurement to its emplo$ees>
PP/ CPersonal Protection e3uipmentE
+E Safet$ soes
:E " =ead "ap7E =and glo&es
1E /ar plug
8E Nose Mask
.E Goggles
PGL is a&ing te certification of SA0;;;% "ompan$ is not allo)ing cild la*our! 5orced la*our and
gi&e minimum )age # salar$%
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INTRO
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PRO
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GG ll aa ss ss PP rroo cc ee ss ss ee ss ::
B a t ch H o u s eD a y S i l o sW e i g h i n g ,M i x i n gS t o r i n g
R a w M a t er ia l R M t es t i n g
s t o r a g e - S i l o s
F u r n a c eF e e d i n g ,M e l t i n gD i s t r i b u t i o n
H e a t r e c o v e r y
F o r e h e a r t hC o o l i n g ,E q u a l i s i n g ,C o n d i t i o n i n g
o b ! o r " i n g
I S M a c h i n e
D e l i v e r y ,# l a n $ s i d e% n v e r t ,# l o & s i d e ,' r a n s ( o r t a t i o n
A n n ea l i n g L eh r
H o t ) o n e ,* ( e n l e h r
S i n g l e l i n e r s
1 0 0 % I n s p ec t i o n+ i " i t s a " ( l es ,
+ ,S C ,
P a c i n gS t r e t c h & r a ( ( i n g
# o x . a c $ i n g. a l l e t i / i n gC l e a r a n c eW a r e H o u s e. D % - D i s ( a t c h
P r i n t i n g !C o l o u r i n g
" n g i n e er i n gE l ec t r i c a l ,% n s t r u " e n t ,0 t i l i t yM e c h a n i c a lC i v i l , . r o 1 ec t
M o u l # " n g g $D e s i g n ,M ! g ,% n s ( e c t i o n ,R e ( a i r s 2
S t o r a g e
CC oo "" "" 22 00 tt ii ll ii tt ii ee ss
The man2act2$+n" o Gla// conta+ne$ +n
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Inspection! packing! storage and dispatc
Batch ho2/e o!e$at+on !$oce//;
Te molten glass is ten dra)n into a distri*utor )ere te temperature is maintained at appro%
+7;;;" from )ere te glass is fed to te glassforming macine troug a refractor$ cannel termed
as fore eart%
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Te distri*utor consists of as man$ fore earts as num*er of glass forming macines% /ac glass
forming macine and e3uipments su*se3uent to it forms a separate production line% Te glass is fed to
te glass forming macine *$ means of a feeder mecanism located at te end of te fore eart% Te
fore eart is also eated to maintain glass at a constant temperature ranging from +;,;; " to +:;;; "%
In te fore eart! a predetermined 3uantit$ of molten glass! depending upon te )eigt and siDe of
te container identified to *e produced! called a go*! is separated from te fore eart at regular
inter&als depending upon te production speed and to te glass forming process%
3* PRODUCTION PROCE''*
In te glass forming macine! te go* is fed to a mould and *lo)n to te final sape of te *ottle and
te *ottle so formed is transferred to te annealing ler *$ means of con&e$ors and stackers%
Te glass forming macine! consists of man$ indi&idual sections Ct$picall$ si! eigt or tenE )it eac
section a&ing a separate mould and forming a glass container% Tese macines in glass production
tecnolog$ are kno)n as 4I%S% MA"=IN/6 CI%S% stands for indi&idual sectionE% Once te macine
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parameters are set according to te siDe of container to *e produced! te entire forming operation is
automatic%
ANNEAING OF GA'' CONTAINER
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Trolle$
Bucket con&e$or
=oist
5orklift
Roller con&e$or
eel con&e$or
FO> CHART OF PRODUCTION PROCE''
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5-- t!# (Tone/ Pe$ Day) F2$nace
F2$nace De/+"n ; =ORN G/RMAN
Ty!e o F2$nace ; Regenerati&e /N< PORT
F2$nace A$ea ; .;%0 M: meter L
Gla// De!th ; ++0; H +80; MM
Ty!e/ o 2el ; Natural Gas CGG"L # GAILE! 5urnace Oil!
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Chec@e$/ 9ol2me
Ty!e o Batch ; OS"ILLATION
Cha$"e$
Metal l+ne he+"ht ; 878; MM
Ch+mney he+"ht ; -; MTRS
Ty!e/ o "la// ; Sodalime flint
P$o#2ct+on +ne/ ; 5i&e CIN"L% "olour 5H=
F2$nace A"e ; ;: ear ;+ mont +7 da$s
Melte$ Ene$"y ; +8:: K"AL H KG
Con/2m!t+on
Plant Ene$"y ; ::+8 K"AL H KG
Con/2m!t+on
A
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+? TP/ +> It is kno)n asBOROSILICATE container! )ic are *asicall$ used teInjectibles%
:? TP/ :> It is kno)n asTREATEDcontainer! e%g% container of GLUCOSE.
7? TP/ 7> It is kno)n as SODA LIMEcontainer! )ic is largel$ used for packaging of cosmetics
# perfumes%
Te *ottles a*o&e are a&aila*le in different siDes
i%e% from : ml to :8;; ml% till date te compan$ as produced +1;; different pattern *ottles%
PIRAMAL GLASS LT< is a&ing its o)n MO'L< department )ere :1;;; moulds Capp%E per
$ear%
PIRAMAL GLASS LT< is a&ing its Marketing Offices at
IN INDIA
IN AMERICA
IN EUROPE
IN 'RIANKA
TOP CU'TOMER';
o IN CO'METIC;
LJOR/AL
AON
'NIL//R
SARA L//
NIASI R/LON CIN
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BIOM/
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&iii% A*o&e mied material discarges on to con&e$or # fed to te dog ouse opper for 1;! :8TPEEN
USTOR/S # PRO
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P$o#2ct+on & En"+nee$+n"*
Production and engineering can not *e distinguised from eac oter% Tis t)o department is closel$
related )it eac oter if one department is not a*le to do )ell in itFs field tan te failure of te oter
department is also possi*le% Because if te engineering department is not accurate! and if an$ *reak
do)n is appen in production tan onl$ te engineering department a*le to sol&e tat pro*lem relating
to macine efficienc$ and maintenance of te macine if it is not a*le to sol&e tan te compan$ a&e
to suffer from te *ig loss as )ell% And engineering department is onl$ pro&iding te mould )ic is
te eart of te production department for forming te *ottle%
/ngineering
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Definition of Glass:An inorganic product of fusion )ic as cooled to rigid condition )itoutcr$stalliDing%
Why e !se Glass:Because of Transparenc$! "emical dura*ilit$ and Lo) termal insulatingproperties%
MANUFACTURING PROCE'' OF BOTTE'
Te cemistr$ of glass as remained almost eactl$ te same since man first started making it%
"ommercial glass is a*out -;9 *$ )eigt silica Csio :E% Tis compound is o*tained from sand and is
ideal for making glass *ecause it does not a*sor* &isi*le ligt! making te finised product transparent%
Melting pure silica re3uires temperatures up to :;;; oc! so most manufactures sa&e fuel costs *$
miing ra) sand )it a*out +09 sodium car*onate CNa:co7E! also kno) as soda% Te car*onate *rings
do)n te melting point! *ut te added sodium causes te finis glass to dissol&e slo)l$ in )ater%
Adding a*out +;9 limestone C"a"O7E contri*utes calcium!
)ic elps protect te glass from )eatering% =eating tese ingredients togeter $ields a molten mi
of calcium silicate C"aSiO7E and sodium silicate CNa:SiO7E tat! )en cooled under controlled
conditions! creates )at is kno)n as sodalimesilica glass% Glass in all its m$riad forms starts life in
te ra) material 3uarr$ or te cemical plant! )ere sand! limestone H dolomite and soda as! te tree
*asic ra) materials are mined
Or manufactured and ten deli&ered to te glass plant to *e made into a *atc and melted to produce
molten glass% After te *atc as *een melted and molten glass produced! te net step is te forming
process! follo)ed *$ annealing! inspection! packing and sipping%
In te glass forming macine! te go* is fed to a mould and *lo)n to te final sape of te *ottle and
te *ottle so formed is transferred to te annealing ler *$ means of con&e$ors and stackers% Te glass
forming macine! consists of man$ indi&idual sections Ct$picall$ si! eigt or tenE )it eac section
a&ing a separate mould and forming a glass container%
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INTRO
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INTRODUCTION
ualit$ is of prime importance to Piramal Glass ltd% Te main purpose of Piramal Glass is to pro&ide
te customers )it 3ualitati&e products% Piramal Glass is te largest manufacturer of *ottles of
parmaceuticals # cosmetic # perfumes% " is a&ing its o)n importance in Piramal Glass ltd%
/&er$ coin as t)o sides% In Piramal Glass 3ualit$ control can *e said as one side of coin% ualit$
"ontrol is a&ing follo)ing parts in Piramal Glass ltd
U=ot end cecking
UP$sical la*orator$ cecking
U"emical la*orator$ cecking%
U"old end cecking
UManual sorting
UAuto sorting
PHY'ICA ABORATORY;
P$sical La*orator$ carries out te follo)ing tests at Piramal Glass to ceck te 3ualit$ of te *ottles
9e$t+cal oa# Te/t;To ensure tat te glass containers produced do not create pro*lem during
operation of filling! capping due to eccentricit$% erticalit$ measuring instrument is used to carr$ out
te load test%
Anneal+n" Te/t; It cecks )eter te *ottle *uilt is strong or not% Polaris cope is used to carr$ out te
annealing test%
The$mal 'hoc@ Te/t;It cecks te a*ilit$ of te *ottle to stand )it te stress arise due to sudden
cange in te temperature% Te instrument tat is used to carr$ out te test is Termostat controlled ot
*at at VH + degree centigrade%
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D$o! Te/t; To ensure tat te glass containers produced a&e sufficient resistant to )it stand impact
induced during andling # transportation% Te instrument tat is used to carr$ out te test is
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INTRO
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creati&e a*ilities! talent and aptitudes o*tained in te population> )ere as from te &ie) point of te
indi&idual enterprise! te$ represent te total of te inerent a*ilities! ac3uired kno)ledge and skills as
eemplified in te talents and aptitudes of its emplo$ees6% (ucius called tese resources uman
factorsJ )ic refer to 4a )ole consisting of interrelated! inter dependent and interacting
p$siological! ps$cological! sociological and etical components%
It is tis uman resource )ic paramount importance in te success of an$
organiDation *ecause most pro*lems in organiDational setting are uman and rater tan p$sical!
tecnical or economic% 5ailure to recogniDe tis fact! it is *ecause immense loss to te nation!
enterprise and to te indi&idual%
People at )ork comprise a large num*er of indi&idual of different se! age! socio
religious group and different education or literac$ standards% Tese indi&idual in te )ork place ei*it
not onl$ similar *ea&ior patterns and caracteristics to a certain degree *ut also so) man$
dissimilarities% Te management must! terefore! *e a)are not onl$ of te organiDational *ut also
emplo$eeJs self needs% No one of tese can *e ignored%
In PIRAMAL GLASS LT
carr$out te function of =uman Resource management% =ere! te term Personnel and Administration
refers to te Administration of personnel%
Te o*2ecti&e of tis department is as *elo)>
+% To ensure satisfaction to te )orkers so tat te$ are freel$ read$ to )ork%
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:% To attain maimum indi&idual de&elopment%
7% To impro&e efficienc$ of te uman resources%
RealiDing tat emplo$ees are its greatest assets! PIRAMAL GLASS LT< from its &er$
inception as *een stri&ing to *uild up a sound and transparent organiDational culture to inclusi&e to
sense of *elonging among its emplo$ees%
Personnel and administration department Apollo eartmo&ers mainl$ deal )it>
Man po)er need)$W ereW =o)W And )enW
Recruitment and esta*lisment function
elfare and oter ser&ices
Performance appraisal
Loans and claims
Industrial relation
Oter miscellaneous function%
FUNCTION OF TIME OFFICE;
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In te PIRAMAL GLASS LT< tere are four sifts running for a continuous production%
All te commercial departments are running in general sift like Stores!
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S$stem and *$ te SAP S$stem 9emplo$ees attendance report are p:epared and send to te concern
department =Oo$@+n" Ho2$/
An emplo$ee )ill *e re3uired to )ork 10 ours per )eek% One )eekl$ off is compulsor$% In case off
not taken on scedule da$! emplo$ee must *e gi&en off! not allo)ed to )ork *e$ond , da$s% %i%e%
emplo$ee must a&e a da$ off! )it in +; da$s%
O
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O&ertime is applica*le for all )orkmen! Super&isors and eecuti&es! )en )orked *e$ond stipulated
)orking oursHolida$s )orking%
Hol+#ay/ & lea
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orkmen and Super&isors are paid Bonus X :;9 as per compan$Js rules%
Em!loyee/ 6ela$e act+
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All emplo$ees of te compan$ are co&ered under Group Personal Accident Insurance%
Canteen /e$
elle3uipped tecnical li*rar$ is a&aila*le at Tecnical Training "entre% List of *ooks and magaDines
is a&aila*le on Lotus Notes all can &ie) from an$ computer in te plant%
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HUMAN RE'OURCE PANNING
=uman resources planning is te planning for accomplising te future re3uirements of te personnel%
In piramal glass tat is kno)n as manpo)er planning% Te total procedure of manpo)er planning is
*ased on te future epansion plans and de&elopment plans% Te =R
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RECRUITMENT PROCE''
'te! 51
'te! 1If te post is ne)l$ created M< appro&al is taken *efore processing te recruitment%
'te! .1*=R /ecuti&e as data *ank of "s of &arious persons of 3ualifications! eperience%
5% Recei&ed from soft cop$ from /mplo$ment seekers%
,*Applications read troug &arious sources in ard cop$%3*"s collected from Net portals for suita*le%
'te! 41on re3uirements of MR5 eecuti&e collects suita*le "s and for)ard to concerned =O
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'te! 5,1 "oncerned =O< of Manager conducts Inter&ie)s and fills te form R ! )it selection
remarks%
'te! 531=R /ecuti&e communicates te selection results and finaliDes information from selected
candidate re3% Teir reporting date and oter re3uirements%
'te! 571=R /ecuti&e sall organiDe for te seating arrangements and oter eligi*le tings suc as
computerH laptop telepone! soes! uniform! I"ard! applica*le PP/! Lotus Notes I< and temporar$
accommodation for one )eek in Guest =ouse as per te ceck list R [%
'te! 51On reporting! te ne) 2oinee sall fill SAP form no% )it te re3uired details%
'te! 5.1Ne) 2oinee is directed to report TT" for furter processes of Induction%
'te! 54Induction training co&ers! OrganiDations and 2oineeJs place in organiDation! Business!
"ustomers! Glass process in general! 2oineeJs roles # responsi*ilit$! internal customers and suppliers
and oter training as stipulated in P+8;+%
'te! 51 After completion of training! ne) 2oinee is directed to report to concern =O< and information
is passed troug mail to te concerned =O
5*Recei&ed from soft cop$ from /mplo$ment seekers
,*Applications read troug &arious sources in ard cop$%
3*"s collected from Net portals for suita*le%
'te! 581Based on re3uirements of MR5 eecuti&e collects suita*le "s and for)ard to concerned
=O
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'OURCE' OF RECRUITMENT
+E INT/RNAL SO'R"/S
:E /T/RNAL SO'R"/S
INTERNA 'OURCE'
It includes te personnel alread$ on te pa$ roll tat it is its present )orking forces% ene&er an$
&acanc$ arises some*od$ from )itin te organiDation is promoted and transferred% Tis source also
includes tose )o )ere emplo$ing pre&iousl$%
Troug promotion
Tougt transfer from (am*usar plant
E=ETARNA 'OURCE'
It includes ne) entrants i%e%! $oung entrants! mostl$ in eperienced potenticall inter&ie)s%
"ampus inter&ie)s
Ad&ertisements in ne)spapers
placement Agencies
troug Application
Troug is no standard process of recruitment in te compan$%
'EECTION
Selection is concerned )it securing rele&ant information a*out te application% Te o*2ecti&e of
selection is to determine )eater oter applicant meets te 3ualification of te specific of te 2o* and to
coose te applicant )o is most likel$ to perform )ell in te 2o*%
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Selection process is not a single act! it is essentiall$ a series of metods or steps *$ )ic
additional information is secured a*out te applicant%
PGL ltd! tere is no eact! follo)ing selection procedure are mostl$ used>
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"ompan$ conduct training for follo)ing purpose
To impro&es te morel of te )ork force
Better organiDational climate
"reate *etter corporate image
Building emplo$ees commitment%
"ost reduction tecni3ue%
"ontinuous impro&ement in performance%
Impro&e Production and pro*ilit$%
To impro&e 2o* kno)ledge and skills at all le&el of te compan$%
To impro&e te relationsip *et)een supplier and su*ordinate%
To identif$ compan$ goals%
To create appropriate communication and feed*ack%
9ARIOU' TYPE' OF TRAINING GI9EN AT TTC;
E//ent+al T$a+n+n";
Safet$ A)areness Training
SA 0;;; A)areness Training
ISO
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Production Training
ualit$ "ontrol Training
ualit$ Assurance Training
/ngineering Training
IT TRAINING;
SAP
MS Office
Lotus Note
IN Techn+cal T$a+n+n" Cente$ al/o !$o
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de&elopment%
A9ERAGE TRAINING MAN DAY'
In PGL ltd te training is gi&en to eac and e&er$ emplo$ee%
Oter training programmers are according to te re3uirement of training% So a&erage man da$s
are tree da$s%
PROMOTION AND TRAN'FER POICY;
Promotion and transfer is gi&en *ased on te performance of te emplo$ees after te process of
performance management s$stem is complete% In PGL *ot t$pe of transfer is gi&en to emplo$ees from
one plant to anoter compan$ plant and )itin te compan$ also% Promotion is made if tere is
&acanc$ in iger le&el position to promote te emplo$ees to perform ig role%
HR ACTI9ITIE'
TTC (Techn+cal T$a+n+n" Cente$)
UHR
UManpo)er planning
URecruitment
UKRA CKe$ Result AreaE
UPerformance management s$stem
UIncrement
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UIncenti&e polic$
UTraining #
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UAccident report # record
USafet$ )ork performance
F+$e
U/tinguiser placement # refilling! Testing
U=$drant s$stem H fire tender Ctesting # operatorsE
UTraining
INDU'TRIA REATION EN9IRONMENT
Industrial Relation of PGL is good )it te )orker *ut if an$ fault or te acti&it$ *e$ond limit is done
tan te specific punisment is gi&en in notice form% If te one t$pe of mistake done *$ a person for
tree times tan te carge seet is gi&en to te emplo$ees% And according to cange seet! te$ a&e
to gi&e reason to te compan$ management%
If te person is a*sent for more tan tree da$s and if e as not informed to is sir! tan te notice is
gi&en to te )orkers%
If IR te compan$ is gi&ing +;; parents for IR%! *ut if an$ mistake is done tan te notice is gi&en to
te )orker%
If te compan$ suspend te person for more tan 1 da$s tan te 8;9 )age is gi&en to te )orker! and
if it is seat for more tan ,; da$s tan -89 )age is gi&en to te )orkers%
PERFORMANCE APPRAI'A 'Y'TEM
Performance Appraisal is te s$stematic e&aluation of te indi&idual )it respect to is of er
performance on te 2o* and is or er potential for de&elopments% Te &arious purposes of performance
appraisal in te PGL are promotion! re)ards! training need identification! Incenti&es! *aksees etc%
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In Piramal Glass te Performance Appraisal S$stem is called as Performance Management S$stem #
te reports tat are prepared are kno)n as Pro*ationar$ Assessment Report%
In Piramal Glass Ltd te metods )ic are used for te Performance Appraisal are different for all te
emplo$ees% In Piramal Glass Ltd! Performance Appraisal is *ased on KRA CKe$ Result AreaE )ere
te departmental ead identifies )ere te importance is gi&en *$ te personnel% In KRA! Balance
Score "ard is prepared for te follo)ing prospecti&e
5inancial Prospecti&e> All kind of commercial sa&ings )ic are made *$ te personnel%
"ustomer prospecti&e> /ngages )it customers to understand teir re3uirements! assess
teir current satisfaction and respond to teir needs% "ommits to meeting customer
epectations and stri&es to eceed tem%
S$stem Prospecti&e> "reates plans )ic )ill lead to enance *usiness performance%
Learning # Gro)t Prospecti&e> Applies ne) metods H procedures )ic )ill enance
operational performance% Prepared to a&e a go at ne) and different eperiences in order to
gro) and de&elop% Learn 3uickl$ )en facing ne) pro*lems open to cange to
impro&ement 3uickl$ grasps te essence and te underl$ing structure of an$ting%
5or e&er$ Prospecti&e a*o&e! te score card is prepared # accordingl$ te ratings are gi&en%
Pe$o$mance A!!$a+/al 'y/tem +/ #+e$ent o$ #+e$ent em!loyee/*
5or te Managerial # a*o&e Staff Performance Appraisal is done annuall$% Te$ are gi&en a
specific target to accomplis%
5or te /ecuti&e Staff Performance Appraisal is done on uarterl$ *asis%
5or te rest Staff persons Performance Appraisal is on $earl$ *asis%
ADMINI'TRATI9E ACTI9ITY;
Te =R
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PGL pro&ide transport facilit$ to allots emplo$ees for attending teir duties in te plant% "urrentl$%
PGL as tree *uses and fi&e oter &eicles at Kosam*a plant% PGL also elps in *ooking &arious
tours%
5*No* o 9eh+cle/ hol#e$# 0y the PG*
Total , &eicles are at te PGL%
B'S 7
Am*ulance :
5ire Tender +
Tata Sumo 1
,* 'ECURITY;
In PGL =R emplo$ees ired securit$ agenc$ for maintain te plant securit$ # ensure tat
te securit$ of all plants # e3uipment and maintain discipline in te plant% Te securit$ mainl$ points
are Main Gate! Second Gate and
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INTRODUCON
OF
F+nance51
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De!a$tment
INTRODUCTION OF FINANCE DEPARTMENT
5inance department is *roadl$ concerned )it te ac3uisition and uses of funds *$ *usiness firms%
No)ada$s financial department emerges as distinct field of stud$ )ic considers rational matcing of
funds to teir uses%
'COPE OF FINANCE DEPARTMENT
In PIRAMAL GLASS LIMIT/< te 5inance
Ac3uisition of assets%
Specific form of assets )ere mone$ to *e in&ested%
"omposition of its lia*ilities%
Lia*ilities are co&ered under te scope of 5inance
In&estment
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FINANCE DEPARTMENT ACTI9ITIE'
F2nct+on/ o #e!a$tmental em!loyee/
5inance /ecuti&e> O&erall management of te accounts%
5inance Officer > "ontrols ecise # accounts%
/cise Assistant > "ontrols %
F+nanc+al F2nct+on
5ind te ceapest source of finance%
/ffecti&e utiliDation of mone$%
"apital is raised troug interoperate deposits! financial! institutions! commercial papers! etc%
Negotiations )it suppliers%
O&eread pa$ment like salar$! )ages etc%
"as management%
"alculation of interest pa$ment%
Preparing *ank reconciliation statement
Pa$ment like P5! income ta%
Maintaining accounting record%
ACCOUNTING DI9I'ION
Te *ooks to *e maintained in "OLO'RT/ IN
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"as Transition
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'te! 3;1
/ecuti&e to ire second ceck to ensure correctness and accurac$% To put isHer initials on te ru**er stamp at te place market for te purpose%
To for)ard te document to senior manager for management ceck%
'te! 7;1
Senior manager to ceck te document from &arious angles to ensure total control%
To put isHer initials on te ru**er stamp at te place marked for te purpose%
To for)ard te document to account assistant for data entr$%
P/R5ORMAN"/
APPRAISAL
55
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56
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MEANING AND DEFINITION OF PERFORMANCE APPRAI'A
4 Performance appraisal is a formal structured s$stem of measuring and e&aluating an emplo$eeJs2o*!releted *ea&iors and outcomes to disco&er o) and )$ te emplo$ee is presentl$ performing on
te 2o* and o) te emplo$ee can perform more effecti&el$ in te future so tat te emplo$ee and
organiDation all *enefits%6
According to 5lippo!6performance as a s$stematic!periodic and so far as umanl$ possi*le!an impartial
rating of an emplo$eeJs ecellence in matter pertaining to is present 2o* and to is potentialities for a
*eeter 2o*6
According to Su*in!6performance appraisal is a s$stematic e&aluation of te indi&idual )it respect to
is or er performance on te 2o* and is or er potencial for de&elopment6
O0ect+
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Feat2$e/ o !e$o$mance A!!$a+/al
5* It +/ a /y/temat+c !$oce//;it is in&ol&ing tree steps
I% Setting )ork standard%
II% Assessing emplo$eeJs actual performance relati&e to tese standards%
III% Offering feed*ack to te emplo$ee so tat e can eliminates deficiencies and impro&es
performance in course of time%
,* E
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efficientl$ and effecti&el$ acie&e te strategic goals and o*2ecti&e of te
organiDation%training!learning and de&elopmental acti&ities are undertaken to fulfill gaps in
emplo$eeJs performance%
:% Placement Dec+/+on;performance appraisal is used as a tool for making decision on emplo$ee
place suc as promotion!demotion!transfer!relocation etc% so performance appraisal is considered
to *e te most &alid and relia*le *asis for placement decisions%
7% Ca$ee$ Plann+n" an# De
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M/T=O