Packages Limited Report

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MEASURING HR PRACTICES IN PACKAGES LIMITEDINTRODUCTION:Established in 1956 as a joint venture between the ALI GROUP OF PAKISTAN AND AKERLUND and RAUSING OF SWEDEN, Packages Limited provides premium packaging solutions for exceptional value to individuals and businesses in the most efficient, profitable and sustainable way. We offer a complete range of packaging solutions including offset printed cartons and flexible packaging materials to individuals and businesses world-wide. Our clientele includes illustrious names such as Unilever and Pakistan Tobacco Company, who have been our customers for over 50 years.

Packages Limited is listed on all three stock exchanges in Pakistan. Our joint ventures and business alliances with some of the world's biggest names reflect our forward-looking strategy of continuously improving customer value through improvements in productivity.Packages has always been at the forefront of new developments in packaging research and has pioneered several innovations, including the use of wheat straw as a raw material for paper and board manufacture.VISION:Position ourselves to be a regional player of quality packaging and consumer products. Improve on contemporary measures including cost, quality, service, speed of delivery and mobilization. Keep investing in technology, systems and human resource to effectively meet the challenges every new dawn brings. Develop relationships with all our stakeholders based on sustainable cooperation, upholding ethical values, which the shareholders, management and employees represent and continuously strive for.MISSION STATEMENT:

A leader in the markets we serve by providing quality products and superior service to our customers, while learning from their feedback to set even higher standards for our products. A Company that continuously enhances its superior technological competence to provide innovative solutions to customer needs. A Company that attracts and retains outstanding people by creating a culture that fosters openness, innovation, promotes individual growth, rewards initiative and performance. A Company which combines its people, technology, management systems and market opportunities to achieve profitable growth while providing fair returns to its investors. A Company that endeavors to set the highest standards in corporate ethics in serving the society

CORE VALUE: Good Governance Our People Customer Satisfaction Work Environment Conservation Ethical Behavior Whistle blowing PolicyVALUE STATEMENT:We make sure that all our processes and methods conform to the highest ideals of professional behavior. Our organizational structure is straight-forward and need-based; accountability is transparent, consistent and both horizontal and vertical.NATURE OF THE ORGANIZATION;Packages Limited is a manufacturing business entity. In manufacturing it is renowned specifically for its unique ideology behind packaging. Company chose this business because the evaluation of packaging in essence is the evaluation of mankind. It seems that the earliest cues were provided by the nature. The form and shape of natures packaging varies from rigid to flexible, simple to complex. The classic example of natures packaging is an egg. Basically, Packaging can be described as a coordinated system of preparing goods for transport, warehousing, logistics, sale, and end use. Packaging contains, protects, preserve, transports, informs, and sells. It is fully integrated into government, business, institutional, industry, and personal use.PRODUCTS: Carton Business Unit Flexible Business Unit Consumer Products Mechanical Fabrications & Roll CoversCULTURE OF ORGANIZATION:The culture of our organization is TRADITIONAL, which is based on more than 50 years. We maintain our culture by employing fresh people and train them according to culture.Here are some key elements of Packages culture: Openness and speech freedom. Fostering innovation. Promoting individual growth. Rewarding initiative and performance. Advancement Updating learning and skills Teamwork Mannerism and punctualityCORPORATE STRUCTURE:Packages Limited has two main manufacturing divisions: The Packaging Division, provides multi-dimensional and multi product packaging solutions to clients that are involved in manufacturing consumer product across industries. The Consumer Products Division, which manufactures off-the-shelf branded consumer products.Packages Lanka is a joint venture between Packages Limited and the Print Care Group ofSri Lanka, and DIC Pakistan a joint venture between Packages Limited and Dainippon Ink and Chemicals, Inc. of Japan.

LEVELS OF MANAGEMENT: Lower level:Foremen, supervisors Middle Level:H.O.D, Junior Executives Top Level:CEO, BOD

ORGANOGRAM: ORGANOGRAM of our organization is FLAT. One business unit is headed by one manager. There are different decision makers and all are reporting to GM.

NO. OF EMPLOYEES:1600. Out of which 800 900 is workforce, others are officers.NET SALES (2013): TOTAL NET SALES USD 135 MILLION PROJECTED NET SALES 2014 USD 152 MILLION

Flexible PackagingUSD 75 million55%

TissueUSD 26 million19%Folding CartonsUSD 34 million25%

MARKET SHARE:

10%

20%

13%

SHARE CAPITAL DECEMBER 31, 2013

PRESENT PAID UP CAPITALRs. 844 M US $ 8.0 MPRESENT SHAREHOLDERS EQUITYRs. 42,090 M US $ 401 MMARKET CAPITALIZATIONRs. 23,004 M US $ 219 MSHAREHOLDINGS:FOREIGN SHAREHOLDERS 16%LOCAL SPONSORS 49%STATE OWNED / CONTROLLED CORPORATION 11%GENERAL PUBLIC 24%TOTAL 100%

HR Department:HRD was established in 1995 and MR. NAYAB was first HR manager. In 1997 MRNAYAB left Packages Limited and MRS. ASMAJAVED took charge as the HR manager. Currently 3 people are running HR department MRS. ASMAJAVED- the HRD Manager and HR executives MISS SAIRA ASIF & MISS ASMAYOUSAF. The ORGANOGRAM of HRD is given below

MISSION:

To make sure that employees perceive their individual targets this ultimately helps in achieving companys goals.CURRENT SCENARIO:We are restructuring the HR department of our organization to meet challenges. Earlier, HR department was only responsible for training & development. Now the role of HR department will be wider. New hierarchy will be developed. As HRD is going to expand its limitations so it has to cater all the HR functions.(Recruitment & selection, compensation & benefits, training & development, planning, orientations etc.) ROLE OF HR DEPARTMENT IN GOAL SETTING:HR department take part in goal setting policies. We set goals at the start of the year based on our previous performance. HRD act as a business partner.COMPETITIVE STRATEGIES:Our main focus is on the career development of employees. We provide learning opportunities and training to our new entrants as well as current employees. Our training program is almost budget free. Whether the trainings programs are of Pakistan or outside the country, all are consideredFACTOR OF EFFECTIVENESS: Training Recruitment & selection PoliciesFresh people are hired on the basis of test and interview. Hiring is only job based.COST BENEFIT:When HR functions will be strong, only then the right person will be on the right job. HR department works for the skill enhancement of employees. It finds the needs of employee and try to fulfill them in order to motivate them.SAP(SYSTEM APPLICATION PROGRAM):A TOOL OF INTERPRISE RESOURCE PLANNINGPackages limited implemented software applications program in the year 2000, and is using SAP to fully integrate all its business processes SAP is an enterprise resource planning (ERP), which through a common data base allows the company to be fully integrated and be live in respect of its business process information SAP products empower people to respond Quickly and decisively to dynamic market conditions, helping business achieve and maintain a competitive advantage by improving the response time and service to its customer.FUNCTIONS OF HUMAN RESOURCE DEPARTMENT: Recruitment & Selection Succession Planning orientation Training & Development Performance Appraisal Assigning Projects to Internees

RECRUITMENT & SELECTION:Packages is an equal employment opportunity employer. Human Resource department is responsible for recruitment and selection of executives of Packages. The complete process of recruitment and selection takes approximately 30 days. It starts when HRD receives a request from the departmental head for hiring new employees for a vacant position. On getting informed the HRD invites a wide pool of applicants through any or all of the following mediums: Newspaper Online Recruitment Walk In Applicants Educational Institutes MailTYPES OF RECRUITMENT: Recruitment at packages is both internal and external. If an executive leaves the job, another employee of the organization through promotion or transfer replaces him/her, however there is no concept of lateral entry in Packages, Fresh graduates from reputable universities are hired in batches. Entry is at management trainee level.COMMUNICATION:It is cardinal principle of management that in order to be efficacious its communication with its employees should be very effective. In packages following mediums are used to communicate with the employees. Office orders using dept. notice boards Packages AKHBAR Suggestion system Back word integration strategies MeetingsOPEN DOOR POLICY:The employees are satisfied with the HR policies as they are fully disclosed and neutrally practiced. If anyone has any kind of issue or any suggestions he/she can have the access to management. The company is practicing with open door policy so the beneficial suggestion is not only implemented but also rewarded.WHISTLE BLOWING POLICY:We are committed to high standards of ethical, moral and legal business conduct. In line with our commitment to open communication, this policy aims to provide an avenue for employees to raise concerns and reassurance that they will be protected from reprisals or victimization for whistle blowing.This whistle blowing policy is intended to protect the staff if they raise concerns such as: Incorrect financial reporting. Unlawful activity. Activities that are not in line with Packages policy, including the Code of Conduct. Activities which otherwise amount to serious improper conduct.

EMPLOYEE MOTIVATION:We motivate our employees through: Fair evaluation Growth Opportunities Job Rotation Fair Compensation Job Security Incentives SUCCESSION PLANNING:Packages is a company that offers long term career opportunities to its employees. There is no concept of lateral entry in packages an individual begins his career as a management trainee. Management trainee is trained and groomed according to the company