Professional Documents
Culture Documents
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Supervisor’s Certificate
This is certify that the project work entitled “HR POLICIES AND
IT’SIMPLEMENTATION “ submitted by DEVENDERR SAINI (211401106006)
is the record of independent and original research work day done by him under my
supervision and guidance during the year 2021-2024 and this work has not previously
been submitted for the award of any degree , diploma ,fellowship or other similar title.
(Supervisor)
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Department of Management
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Declaration
I hereby declare that the project report titled, “HR POLICIES AND ITS
IMPLEMENTATION “is my original work and has not been published or
submitted for any degree, diploma or other similar titles elsewhere. This has
been undertaken for the purpose of partial fulfilment of degree of
BACHELOR OF BUSINESS ADMINISTRATION at RPS GROUP OF
INSTITUTION, Balana. All data is represented in this project in this project
is true and correct to the best of my knowledge & belief.
Student signature
DEVENDER SAINI
(211401106006)
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ACKNOWLEDGEMENT
It is really a matter of pleasure for me to get an opportunity to thank all the persons who
contributed directly or indirectly for the successful completion of the project report,
“HR POLICIES AND ITS IMPLEMENTATION”.
They provided me with their assistance and support whenever needed, which has been
instrumental in completion of this project. I am thankful to them, for their support and
encouragement throughout the tenure of the project. Also I am thankful to my faculty
guide Mr.AMIT YADAV from RPS. GROUP OF INSTITUTIONS,
MAHENDERGARH, for being a source of support during this training period. Last
but not the least I am grateful to all the staff members of PROTECH BIOSYSTEM
PVT. LTD. for their kind cooperation and help during the course of my project.
Student signature
DEVENDER SAINI
ID: 211401106006
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EXECUTIVE SUMMARY
Title of study:
“HR POLICIES AND ITS IMPLEMENTATION”
I completed my project on HR policies and its implementation in the Protech Biosystem
pvt. ltd. Gurugram.
Problem of study
OBJECTIVES OF STUDY
2 To study the amendments made in the HR Policies of Protech Biosystem pvt .ltd.
since the time of incorporation.
SCOPE OF STUDY
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2. As most of the company’s overall performance depends on it employee performance
which depends largely on the HR POLICIES of the organization.
3.So the project has wide scope to help the company to perform well in today’s global
competition.
4.The core of the project lies in analyzing and assessing the organization and to design
an HR POLICY manual for the organization.
Findings:-
1. The Policy recognizes worth contributions in time and appropriately, so as to
maintain a high level of employee motivation and morale.
2. The employees understand how their work goals relate to company’s goals.
3. Company inspires the employees to do their best work every day.
4. The employees are not satisfied with the communication and decision-making
process as it leaks the information related to organization.
Suggestions:-
1. The Organization should focus on mentor system intend to help employees in
their career progression.
2. The Organization should conduct Psychometric tests for employees.
3. The Training should be mandatory for all level of employees.
4. The company should give the appropriate recognition for the contributions
and accomplishments made by employees. A flexible reward system should
be adopted by organization to improve employee motivation.
5. A more transparent and full proof communication system developed in the
organization.
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COMPANY PROFILE
ACCRUAL INTELLIGENCE MANUAL PVT. LTD.
Current operations:-
• New delhi
• Bengaluru
• Mumbai
• Pune
• Hyderabad
• Gurugram
VISION
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effectiveness of the organization.
MISSION
To take our success of serving humanity into regulated markets in next 5 years.
To achieve their goals and objective in future with the help of serving their services and
products.
Core values:
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for future of our nation and we have to maintain it because it can make our
firm more noticeable.
Strengths:
Manufacturing Facilities:
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o Eye & Ear Drops
o Large Volume Parenterals
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TABLE OF CONTENTS
Acknowledgement 5
1. Introduction 12-25
6. Conclusion 54-56
Bibliography 57
Questionnaire 58-62
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CHAPTER -1
INTRODUCTION
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1. INTRODUCTION
1.1 HR Policies
HR policies are also defined as that body of principles and rules of conduct which
govern the enterprise in its relationship with employees.
Such a policy statement provides guidelines for a wide variety of employment
relationships in the organization. The purpose and significance of the HR policies
hardly need any elaboration.
Every organization needs policies to ensure consistency in action and equity in its
relation with employees.
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shadows set the outlines of a human being, so do procedures set the outlines of
an HR policy.
A company may have adopted a policy of providing training for all employees
as a means of preparing them for promotion. To implement this policy, it may
have developed an extensive training programme. The programme may
include job training for new employees, supervisory training for foreman and
supervisors, and management development for members of the management
group. In the supervisory training programme, it may include role playing as
one of the many training practices.
5. Policy regarding training and development-need for, methods of, and frequency of
training and development.
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1.2 FORMULATING POLICIES
There are five principal sources for determining the content and meaning of policies:
3. Attitudes and philosophy of founders of the company and also its director and the
top management.
5. The knowledge and experience gained from handling countless personal problems
on day to day basic.
a. The work involved in formulating policies requires that the managementgive deep
thought to the basic needs of both the organization and the employees.
b. Established polices ensure consistent treatment of all personnel throughout the
organization. Favoritism and discrimination are, thereby, minimized.
c. Continuity of action is assured even though top management personnel change. The
Chief Executives, what happens , when he/she retires? The tenure of office of any
manager is finite. But the organization continues. Policies promote stability.
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d. Policies serve as a standard of performance. Actual results can be compared with the
policy to determine how well the members of the organization are living upto the
professional intentions.
e. Sound policies help build employee motivation and loyalty. This is especially true
where the policies reflect established principles of fair play and justice and where they
help people grow within the organization.
2. Principle of scientific selection to select the right person for the right job.
5.Principle of fair remuneration to pay fair and equitable wages and salaries
commensurating with jobs.
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8.Principle of labor management co-operation to promoteindustrial relations.
2.HR POLICIES IN
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PROTECH BIOSYSTEM PVT. LTD. (INDIA)
2.1 OBJECTIVES-
❖ Impart such induction, orientation and training as to match the individual to the
task and inculcate a high sense of organizational loyalty.
❖ Groom every individual to realize his potential in all facets while contributing
to attain higher organizational and personal goals. Build teams and foster team-
work as the primary instrument in all activities.
Management review meeting is held every six months at the Group Review.Meeting is
conducted from time to time to ensure the suitability, adequacy andeffectiveness of the
HR Policies.
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2.3 CORRECTIVE ACTION FOR NON CONFORMANCE:
*Board of Directors is kept informed of the review and action plans decided to avoid
the non-conformance in the ensuing monthly meeting.
*Documents and data are generated by the Corp. HR in the form of hardcopies or
electronic medium.
*Documents are reviewed and approved for adequacy by Corp. HR prior to issue.
The various procedures that form the HR Policy of the Organization are:
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A brief preview of the above mentioned policies and the various objectives thatthese
policies aim to achieve are given in the subsequent chapters.
• RECRUITMENT POLICY
1. At Protech Biosystem pvt. ltd. Group, new recruits imparted such induction,
orientation, training and placement so as to individuals to the task and inculcate a high
sense of organizational loyalty.
2 .The HRD Department and the concerned heads of parent departments prepare a well-
structured Induction Program to acquaint the new recruits with the people,
organizational structure, and interface between different departments, functions and
cultureof the organization.
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3. The Induction Program is formulated to suit the position of the candidate and
necessary to be provided to him.
Systematic Job Rotation from time to time shall have a revitalizing effect on the
individual as well as the organization.
All promotions to the level of HODs will be considered only when an individual
has undergone rotation through at least 2 sections.
COUNSELLING
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CAREER PLANNING POLICY
Career Planning system in Protech Biosystem pvt. ltd. Group is aimed at developing
people of the right caliber to meet present and future needs of the organization. It shall
be an essential ingredient for Succession Planning.
The mandatory factors to be considered prior to career planning shall be:
HODs and above identify successors, primary and secondary, to hisposition at the time
of annual appraisal. This is reviewed every year along with the annual appraisal.
At Protech Biosystem pvt. ltd. Group, training and development activities strive to
ensure continuous growth of organization by nurturing the strengths of the employees
and providing the environment and opportunity for every individual to realize his/her
potential.
The policy aims at broadening the outlook of the individuals and bridging the gap
between actual performance and the performance necessary to deliver results. Facilities
are provided to all individuals towards self -developmentand all round growth through
training. HR Department identifies average performers and provide special Training.
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Human Resource Information Management Systems (HRIMS) aims at:
a. Providing accurate information about employees to management for decision
making.
b. Eliminating duplication of efforts.
c. Offering quick and easy access to human resource information at random as well as
in regular report form.
d. The system has two layers of security. Access to the system is through keying in the
valid combination of username and password. Permission to access certain programs is
restricted to identify key personnel.
e. An integrated employee database is maintained and continuously updated with
information from personnel at regular intervals regarding biographical data, work
experience, qualifications, appraisal, training.
RETIREMENT PLANNING
At Protech Biosystem pvt. ltd., retirement of all individuals is aided through planned
programs by HR Department so as to lessen the associated misgivings and anxiety.
JOB ENRICHMENT
Protech Biosystem pvt. ltd. follows a people centered approach to job enrichment with
a view to enhance the performance of the leading to higher job satisfaction.
EXIT INTERVIEWS
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The organization has a regular turnover of employees due to various reasons such as
retirement, voluntary retirement, and resignation etc. from time to time. Feedback is
obtained from the employee on occasions of separation from the organization. Such
feedback on matters that effect well beof the people is useful in improving the
organization in respect of HR policies and practices.
The HR Policy Manual (or Managerial Service condition Manual) was designed in
order to facilitate the mangers in gathering the information regarding the various service
conditions that are offered by the Organization.This manual includes the service
conditions which are most.
1. Provident Fund
2. Gratuity
3. Privilege Leave
4. Superannuation Scheme
5. Medical Reimbursement & Hospitalization
6. Dental Policy
7. Group Accident Insurance Scheme
8. Housing Loan Scheme
9. Vehicle Loan Scheme
10. Phone Policy
11. Leave Travel Assistance (LTA)
12. Local Conveyance Rules
13. Transfer Policy
14. HRR Policy for Area Office Managers
15. Canteen Service
16. Cash Payments & Advance Settlements
17. Performance Excellence Scheme
18. Performance excellence Form
19. ParivarSurakshaYojna
20. Policy for Get Together of Employees
21. Notice Period for Managerial Employees
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22. Conveyance Reimbursement for Interview Candidates
23. Car Policy
24. Post Retrial Benefits
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CHAPTER – 2
LITERATURE
REVIEW
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The competitive advantage that any organization enjoys its attributed to its human
capital. Retention of that resource is one of the major challenges faced by Human
Resource Manager. This is generally accomplished through employee friendly HR
policies and practices. A major thrust is put on recruiting the best quality manpower,
developing them through focused training programs and motivating them with
attractive financial packages, incentives,challenging etc.This paper showcase the
inevitable result of the absence and non-implementation of structured and fool proof
practices.
Critical and significant functions that are performed by managers is recruitment and
selection, training and development,designing and formulating wages policy. In
addition to their function of HRM deals with payroll and benefits administration.
Nowadays it has been important to formulate functional activities of the firm in the
effective manner. HRM focuses on efficiency and productivity of organization’s staff
members. It is critical and complex process to hire employee by organizing recruitment
and selection process.
Internal and external recruitment are two different types of methods that could be used
for filling the vacant jobs position in the organization. Job promotions and job rotations
are two methods that could be adopted for shifting existing staff members to higher job
position in the company. Moreover , major functions of HRM includes planning,
organizing, staffing, coordinating, and controlling .And objectives of the organization
are to be set by top management on the basis of long term and short term.
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CHAPTER 3
RESEARCH
METHODODLOGY
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2.1 RESEARCH AND DEVELOPMENT
PROTECH BIOSYSTEM PVT. LTD. was formed in July 2004, when Group 4 Falck's
security business merged with Securicor to create Group 4 Securicor and began trading
on both the London and Copenhagen Stock Exchanges. In 2005, Lars Nørby Johansen
was succeeded as chief executive by Nick Buckles and, in 2006, the new PROTECH
BIOSYSTEM PVT. LTD. brand identity was rolled out across its business
worldwide. In the same year, Alf Duch-Pedersen succeeded Jorgen Philip-Sorensen to
become the non-executive chairman of the business.
In 2006, 2007 and 2008, PROTECH BIOSYSTEM PVT. LTD. was the subject of a
global campaign by union workers alleging that its subsidiaries undermine labor and
human rights standards. Some of these groups were organised under the banner of
the SEIU-funded Focus on Group 4 Securicor.This group supported protests at Group
4 Securicor's annual general meeting in London in 2005.
The company disputed these claims and pointed to its strong relationships with unions
around the world, including the GMB in Britain. In March 2008, it was announced that
PROTECH BIOSYSTEM PVT. LTD. were taking over Scottish Rock Steady Group –
who steward at major sporting and music events mostly in the UK. Rock Steady events
have included Live8 concerts in London, Scottish FA Cup Final & the Download
Festival.] In April 2008, PROTECH BIOSYSTEM PVT. LTD. acquired RONCO
Consulting Corporation, one of the world's premier humanitarian and commercial mine
action, ordnance disposal and security companies.
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In May 2008, PROTECH BIOSYSTEM PVT. LTD.
acquired ArmorGroupInternational.GSL, a provider of outsourced justice services, was
also acquired by PROTECH BIOSYSTEM PVT. LTD. in May 2008. Also, in the same
month, PROTECH BIOSYSTEM PVT. LTD. acquired Serbian company Progard
Securitas. In 2008, PROTECH BIOSYSTEM PVT. LTD. also acquired Touchcom, Inc.
for US$23 million.
The Västberga helicopter robbery occurred on 23 September 2009 at 05:15 CET when
a PROTECH BIOSYSTEM PVT. LTD. cash service depot was robbed in Västberga in
southern Stockholm, Sweden.In the autumn of 2009, PROTECH BIOSYSTEM PVT.
LTD. personnel in Australia went on strike, arguing that the company had subjected
them to low pay and poor working conditions.
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2.2 OBJECTIVES OF STUDY
2. To study the amendments made in the HR Policies of Protech Biosystem pvt. ltd.
since the time of incorporation.
3 To incorporate the amendments in the base policy and prepare a final policy.
4.To design a HR Policy manual for the company with special emphasis onthe
“Managerial Service Conditions”.
SCOPE OF STUDY
3.So the project has wide scope to help the company to perform well in today’s global
competition.
5. The core of the project lies in analyzing and assessing the organization and to
design an HR POLICY manual for the organization.
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CHAPTER 4
DATA ANALYSIS
&
INTERPRETATION
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A. RECRUITMENT AND SELECTION
18%
agree
disagree
82%
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2. Are you satisfied with the monetary reward given on bringing a candidate
on board?
Monetary reward
26%
agree
disagree
74%
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3. Are you satisfied with the background checks conduct for employees .
Backgroud checks
22%
Agree
Disagree
78%
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4.Are you satisfied with the monetary limits given to you for the expenses?
Expenses
21%
Agree
Disagree
79%
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B. INDUCTION
Induction programme
18%
Agree
Disagree
82%
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2. The induction of your organization covers organizational
structure and policies.
Induction
10%
Agree
Disagree
90%
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C. TRAINING AND DEVELPOMENT
Employee performance
24%
Agree
Disagree
76%
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b. Are you satisfied with the Classroom method adopted by your
organization to train the employees?
Classroom method
27%
Agree
Disagree
73%
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c. Effectiveness of training program in your Organization is evaluated by
observing the post training performance of employees.
32%
Agree
Disagree
68%
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D. PERFORMANCE APPRAISAL
8%
Agree
Disagree
92%
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2. Are you satisfied with the feedback given to you by organization?
Feedback
28%
Agree
Disagree
72%
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E. CAREER PROGRESSION
d. Are you satisfied with the mentor system followed for career
progression?
Mentor system
16%
Agree
Disagree
84%
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e. Are you satisfied with the competence analysis and feedback from
manager?
22%
Agree
Disagree
78%
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F. LEAVE POLICY
Privilege leave
17%
Agree
Disagree
83%
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G. COMMUNICATION AND DECISION MAKING PROCESS
13%
Agree
Disagree
87%
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2. Are you satisfied with the opinion survey and Department meeting?
24%
Agree
Disagree
76%
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H. REWARDS AND RECOGNITION
Monetary Rewards
33%
Agree
Disagree
67%
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I. PERSONAL ACCIDENT INSURANCE POLICY
Contingencies
24%
Agree
Disagree
76%
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J. MEDICLAIM POLICY
1. Are you satisfied with the services covered under Mediclaim policy?
Services
11%
Agree
Disagree
89%
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CHAPTER 5
SUGGESTIONS
&
RECOMMENDATIONS
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1. The Performance Appraisal of employee is evaluated on the basis of 360 degree
2. The Organization should focus on mentor system intend to help employees in their
career progression.
6 .The company should give the appropriate recognition for the contributions and
organization.
9. Wages and salary administration process should have a more scientific approach
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CHAPTER-6
CONCLUSION
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Conclusion
The Policy of the company provides facilities for all round growth of individuals by
training in-house and outside the organization, reorientation, lateral mobility and self-
development through self-motivation. The Policy grooms every individual to realize
his potential in all facets while contributing to attain higher organizational and personal
goals. The Policy builds teams and foster team-work as the primary instrument in all
activities. The Policy implements equitable, scientific and objective system of rewards,
incentives and control. The Policy recognizes worth contributions in time and
appropriately, so as to maintain a high level of employee motivation and morale. The
employees agree on the part of their performance that they know what is expected from
them. The employees understand how their work goals relate to company’s goals.
Company inspires the employees to do their best work every day. The employees are
not satisfied with the communication and decision-making process as it leaks the
information related to organization.The employees do not receive the appropriate
recognition and rewards for their contributions and accomplishments. The employees
feel that they are not paid fairly for the contributions they make to company’s success.
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BIBLIOGRAPHY
Books:
Websites:
o www.citehr.com
o www.ask.com
o www.wikipedia.com
o www.ppspublishers.com
o http://protechbiosystem.com/
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Name of Employee: -----------------------------------------------------------------------
Designation: ----------------------------------------------------------------------
QUESTIONNAIRES
1. Agree 2. Disagree
2. Are you satisfied with the monetary reward given on bringing a candidate on
board?
1. Agree 2. Disagree
3. Are you satisfied with the background checks conduct for employees.
1. Agree 2. Disagree
4. Are you satisfied with the monetary limits given to you for the expenses?
1. Agree 2. Disagree
B. Induction
1. Agree 2. Disagree
2. The induction of your organization covers organizational structure and
policies.
1. Agree 2. Disagree
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C. Training and Development
1. Agree 2. Disagree
2. Are you satisfied with the Classroom method adopted by tour organization
to train the employees?
1. Agree 2. Disagree
1. Agree 2. Disagree
D. Performance Appraisal
1. Agree 2. Disagree
2. Are you satisfied with the feedback given to you by organization?
1. Agree 2.Disagree
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Career Progression
1. Are you satisfied with the mentor system followed for career progression?
1. Agree 2. Disagree
2. Are you satisfied with the competence analysis and feedback from manager?
1. Agree 2. Disagree
F. Leave Policy
1. Agree 2. Disagree
1. Agree 2. Disagree
1. Agree 2. Disagree
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I. Personal AccidentInsurance Policy
1. Agree 2. Disagree
J. Mediclaim Policy
1. Are you satisfied with the services covered under this policy?
1. Agree 2. Disagree
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