Benchmarking Hr Practices (Focused on Gender Diversity)

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PROJECT REPORT ON
Benchmarking HR practices (focused on gender diversity)

For the Partial Fulfillment of the course in Post-Graduation and Diploma in Human Resource

Under the Guidance of
Ms. Ashu Singhal (HR-GBP)

Submitted on
25th May, 2012

Submitted by
Praptasha (UH11031)

XAVIER INSTITUTE OF MANAGEMENT, BHUBANESWAR

ACKNOWLEDGEMENT:
Preparing a project of this nature is an arduous task and I am fortunate enough to get support from a large number of people to whom I will always remain grateful.

I would like to express our gratitude to Ms. Ashu Singhal (HR-GBP) for allowing me to undertake this project. I would like to take this opportunity to thank my alumni mentor Mr.Akshay Pratap Singh Deo of AMEC Antural resources for the guidance and support to complete the project.

Last but not the least I would like to thank my friends and other colleagues in the organization for the valuable advice, guidance, precious time and support offered.

CONTENTS:
Introduction-------------------------------------------------------------------------------------------------- 1 Benchmarking------------------------------------------------------------------------------------------------ 5 * Definition

* Purpose of benchmarking
Navigating HR Benchmarking--------------------------------------------------------------------------- 8 * Benchmarking model
* Difference between benchmarking and best practices
Benchmarking HR Practices at IndiGo--------------------------------------------------------------- 13 * Setting of objective
* Collection of data
* Practices at IndiGo
* Some of the best practices across industries
Conclusion-------------------------------------------------------------------------------------------------- 23

INTRODUCTION:
AVIATION: The Indian Chapter
The aviation industry in India has been growing exponentially over the past few years with the new reforms being introduces by the government. The Indian Civil Aviation industry took its first steps in the early 1930s when Tatas established Tata airlines. In 1953 the Government chose to nationalize private carriers and set up Indian Airlines to serve domestic market and Air India to serve international market. These carriers enjoyed a monopoly till 1990-91 when the open sky policy was implemented. With the repeal for Air Corporation Act several private players were allowed to operate commercial airlines and a new chapter in the history of Indian Aviation began. In 2003, more reforms were introduced in the aviation sector like an increase in the FDI limit to 49% from 40%, and a reduction of excise duty on aviation turbine fuel to 8% from 16%. The policy reforms and a favorable business environment attracted several more private players who were set-up to operate under a low cost model. INTERGLOBE’S INITIATION:

IndiGo is a privately owned low-cost domestic airline based in Gurgaon with Indira Gandhi International Airport as its main base. IndiGo Airlines started operations on 4th August 2006 and is owned by InterGlobe Enterprises and Mr. Rakesh Gangwal. InterGlobe holds 51.12% stake in IndiGo and 48% is held by Caelum Investments, a Virginia, US based firm, run by Rakesh Gangwal. IndiGo placed a firm order of 100 Airbus A320-200 aircraft during June 2005 in plans to commence operations in mid-2006. Former US Airways Executive vice-President and Marketing and Planning Bruce Ashby joined IndiGo as its Chief Executive Officer. The airline already acquired parking lots for its brand new aircraft at both Mumbai and Delhi airports. By the time they announced the first flight, they have already scheduled their first 20 aircraft. IndiGo took delivery of its first Airbus A320-200 aircraft on 28 July 2006, nearly one year after placing the order, and commenced operations on 4 August 2006 with a service from New Delhi to Imphal via Guwahati. By the end of 2006, the airline had six aircraft. Nine more aircraft were acquired in...
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