CONTINUOUS EVALUATION COMPONENT

NEHA AGRAWAL(147030592004)

MBA (HR)

ATMIYA INSTITUTE OF

TECHNOLOGY & SCIENCE

• Founded in 1994

• Headed by my Ashok Parakh and a part of Champalal Group Company

• Refined Edible and Industrial Grade Salt manufacturer, exporter & supplier

• To strictly adhere to our values and ethics based system in order to maintain our integrity.

• To provide utmost work satisfaction to our employees

• To perform constant research in order to improve the quality of products and innovate new value-added products.

(GROUP A)

BUSINESS ETHICS AND CORPORATE GOVERNANCE

PROCESS TO SOLVE AN ETHICAL DILEMMA

Make a Decision

Analyse the Actions

Analyse the Consequences

STEPS TO PREVENT SUPPLY CHAIN ABUSES

Communication

Independent Auditing

Risk Assessment

Effective Statement

ETHICS AND FUNCTIONAL AREA ISSUES IN GLOBAL BUSINESS

EXECUTIVE COMPENSATIONCompensation is excessive

compared against provision of service

Compensation process is compromised by inadequately

transparent negotiation

(GROUP A)

MANAGEMENT CONTROL SYSTEM

“A Project is a system involving the co-ordination of a number

of separate department entities throughout the organization

and which must be completed within the prescribed schedules

and time constraints.” -

Project Management Institute, USA

General Manager

Finance Manager

Personnel

Manager

Production

Manager

Marketing

ManagerR & D

Manager

Project Manager C

Project Manager A

Project Manager B

MATRIX ORGANISATION

PROJECT• Project Planning• Project Execution• Project Evaluation

(GROUP A)STRATEGIC HUMAN RESOURCE

MANAGEMENT

VOLUNTARY RETIREMENT SCHEME’

• Generous, tax-free severance payment to persuade the employees to voluntarily retire from the company.

• 45days emoluments for each completed years of service or monthly emoluments at the time of retirement multiplied by the remaining months of service before normal date of retirement whichever is less.

• employees attaining 40 years of age or who has completed years of service

RETRENCHMENT• separation of employees on permanent basis

by employers due to the inability of employer to provide employment

• conditions before retrenching an employee • one month’s notice • compensation equivalent to fifteen days average pay• average pay =last month’s salary x 15

25• Philips

GOLDEN HANDSHAKE• severance agreement between an employee and employer• The package tends to include a combination of cash, equity and

beneficial stock options• colloquial name for separation package • rarely tied to performance • The $1,700,000,000 golden handshake

HUMAN RESOURCE DEVELOPMENT

• “Training is systematic development of the knowledge, skills and attitudes required by an individual to perform adequately a given task or job”. - Micheal Armstrong

PROCESS OF TRAINING

THANK YOU