MAX Interior solutions Ltd

Hr business plan

(Team Turbo)
 MAX INTERIOR SOLUTIONS LTD
 Established in India in 1971

 Prime business comprises of

 Interiors & Home Decor
 Industrial products
 Building and construction products
 Custom mouldings
 
 Acquisition in France

 Expanding operations in china

VISION:
 We aim to be a leading technology enterprise that creates value and
growth through intelligent powder-based solutions.

MISSION:
 "ADDING VALUES TO GROWTH AND INNOVATIONS"

We aim to lead the way in terms of customer cooperation, employee

satisfaction and environmental consideration.
 1. Earn a premium on cost of capital
 2. Help the customers to be successful
 3. Form the best team in the industry
 4. Ensure sustainable development
Funding:
For raising the money for the project initially the company will go with the reserves what the company
is having. The company is already operating in India, US, and Japan so raising initial 50crore Yuan would not
be a problem. But the company has to go for expansion in the next years, for that the company can raise the
money by way of issuing GDR’s.

.
First year Second year Third year

revenues 30cr 36cr 40.32cr

Variable cost 12cr 14.4cr 16.2cr

Contribution 18cr 21.6cr 24.12cr

Fixed cost 3cr 3cr 3cr

Profit 15 18.6 21.1cr

Cost estimated:
50crore Yuan= Rs 335 crore
BEP=fixed cost/contribution=3/18 =16.67cr
ROI=profit/investment =15/50= 30cr
Manpower planning (key positions)
The plant being a semi automated unit will employ 650 employees which will be mostly host
country nationals

Category Job Category Job

A1 Workman M1 Officer
A2 Workman – 1 M2 Executive
A3 Workman – 2 M3 Assistant Manger
A4 Senior Workman M4 Deputy Manager
M5 Manger
M6 General Manager

B1 Operator/Technician
B2 Operator – 1 / Technician – 1
B3 Operator – 2 / Technician – 2
B4 Senior Operator / Senior Technician

C1 Chemist / Assistant
C2 Chemist – 1 / Assistant – 1
C3 Chemist – 2 / Assistant – 2
C4 Senior Chemist / Senior Assistant
RECRUITMENT AND SELECTION OF EMPLOYEES :

 Internal Sources :
 Personnel already on the pay roll of an organization.
 Present permanent employees.

 External Sources :
 Employment exchange.
 Campus selection.
 Private consultancy.
 Advertisement in newspaper, during vacancy.
TRAINING

 1. On the Job Training:

 a. Vestibule training or Training-Center :
 b. Training by Experience Workmen :

 c. Demonstration  

 2. Off the Job Training :

 Lectures ;
 Conferences ;

 Seminar or Group Discussions.

 
ADDITIONAL TRAINING
 Firefighting and emergency preparedness : This kind of
training is essential to face emergency situation in case
of leakage of chemicals.

 Integral Yoga Training : This kind of training, trains the

employees about yoga and meditation, Electrical safety
in industries, Supervisory skill development, HRD
systems and best practices, Communication skills
training.
 Training on language skills
WAGE AND SALARY ADMINISTRATION

The management of MAX INTERIOR SOLUTION

fixes the wage on basis of memorandum of settlement
between management and workmen once in four years
compensation

DESIGNATION QUALIFICATION FUNCTIONAL APPROX. WAGE (P.M.)

AREA

Workmen (10 th Grade) Production 1100 yuan (6767 INR)

Operator / Technician PUC/ ITI (10+2) Production 1250 yuan (8375 INR)

Chemist B.Sc. (PCM) (10+2+3) QC/QA 1400 yuan (9380 INR)

Assistant Graduation (10+2+3) QC/QA 1300 yuan (8710 INR)

PERFORMANCE APPRAISAL SYSTEM
 1. Workers performance appraisal (Bargainable)
 It includes work men, operator/technicians and chemists

 
 2. Executive performance appraisal

 Includes officer, executive, assistant manger, deputy

manager, manager and general manager.
THE PARAMETERS FOR WORKERS PERFORMANCE APPRAISAL (BARGAINABLE):

 Job knowledge
 Attitude, behavior and inter personal skill

 Dependability

 Communication

 Initiative/ learning

 Discipline

 Efficiency/quality in work

 Safety

 Punctuality and attendance

EXECUTIVE PERFORMANCE APPRAISAL

 360 Degree Appraisal

 Main tasks

 Targets: targets are set using the SMART

principles
 S- SPECIFIC
 M- MEASURABLE

 A- ACTION ORIENTED, ACHIEVABLE, AGREED

 R- REALISTIC, RELEVANT

 T- TIME BOUND

 Competencies
COMPENSATION FOR EXPATRIATES

 Base Salary 
 Cost of Living Allowances

 Relocation Allowances:

 Housing Allowance:

 Transportation Allowances:

 Medical Allowances:
Thank you