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Cover Page for Academic Tasks

Course Code: HRM 637 Course Title: performance and compensation


Course Instructor: Mrs. Shikha goyal, Dr. Sunil
Academic Task No.: CA 3 Academic Task Title: Assignment

Date of Allotment: 21/02/19 Date of submission: 16/03/19


Student’s Roll no: B31 Student’s Reg. no: 11707002,
Evaluation Parameters

Learning outcome
Declaration: I declare that this Assignment is my individual work. I have not copied it from any other student’s
work or from any other source except where due acknowledgement is made explicitly in the text, nor has any part
been written for me by any other person.

Student sign. Chunnu

Evaluator’scomments (For Instructor’s use only)

General observation Suggestions for Improvement best part of assignment

Evaluator’s Signature and Date:

Marks Obtained: ___________ Max. Marks: ________


ABOUT COMPANY
Nivia Sports is an Indian sports equipment manufacturer based in Jalandhar, Punjab, India,
under the banner of FreeWill Sports Pvt Ltd. The firm makes athletic equipment such as
footwear, apparel, and accessories for football, cricket, hockey, badminton, basketball, and
tennis. It has collaborated with many national sports events in India. Nihal Chand Kharbanda
incorporated FreeWill Sports Pvt Ltd in 1934 in Sialkot. In 1962, Vijay Kharbanda joined his
father in business and set up Nivia Sports. The 1947 partition of the country saw the company
shift its base from Sialkot to Mumbai and from Mumbai to Meerut, finally settling in Jalandhar.
In 1962, Vijay Kharbanda joined as the Chief Managing Director (CMD) of the company with
his father and started manufacturing a full range of leather hand stitched balls for soccer,
volleyball, handball, and basketball under Nivia Sports. The initiatives of Nivia Sports to shape
the sports segment of the world are appreciable. Former President of India, Gyani Zail Singh,
awarded the Udhyog Pattar to Vijay Kharbanda, the Managing Director of Nivia Sports, in the
1980s for his outstanding contribution to the sports industry. Nivia Sports produces sports
products in India, which have been sponsored and used in national and international
tournaments, leagues and championships. It includes the categories of sports equipment,
apparel, footwear, and accessories.
Balance Scorecard

A balanced scorecard is a performance metric used in strategic management to identify and


improve various internal functions of a business and their resulting external outcomes. It is
used to measure and provide feedback to organizations.

financial Reduce recruitment score

customer Increase internal customer


satisfaction

process increase employee Individual development


performance progress

Organizational strategy Employee retention and Implement HR analytics


productivity
KPI and KRA for HR Manager

No. Key result Key Performance Indicator Weight of target


area KPI’s
1 recruitment Average lead time to recruit 15 60 days
employees

Performance score of new 15 70


employees
2 Training and Training hours per employee 15 40hours
development
% difference in the rate of 10 50%
productivity before and after training

3 Performance % of employees that fully execute 10 80%


and career their individual development plan
management
% of employee that participate in 15 90%
career coaching program
4 Employee % of employees who left orgn. In 15 2
retention and the given time period
productive

APPRAISAL METHODS

It is formal, structured system of measuring, evaluating job related behaviours and outcomes
to discover reasons of performance and how to perform effectively in future so that
employee, organization and society all benefits

 Rating scale
 360 degree method
 Behavioural observation scale
 Check list & weighted checklist method
 Comparative evaluation method

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