Lnt Hr Practices

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SECTOR SPECIFIC STUDY: LARSEN & TOUBRO
CONSTRUCTION & ENGINEERING

SUBMITTED BY
SAUMYA BANSAL-A002 ANURAG JAYSWAL-A011 SUCHITRA PISAL-A022 KETAN SUYAL-A028

SECTOR SPECIFIC STUDY: LARSEN & TOUBRO
Contents
1. 2. Introduction................................................................................................................................3 Human Resource in Larsen & Toubro ............................................................................................4 2.1. 2.2. 2.3. Mission statement of L&T’s HR department ..........................................................................4 Work culture: ......................................................................................................................4 L&T SELECTION PROCESS......................................................................................................5 Talent acquisition management:....................................................................................5

2.3.1. 2.4. 2.5. 2.6. 2.7.

Performance evaluation: ......................................................................................................6 Training and education:........................................................................................................6 Health and safety:................................................................................................................6 Motivation and Compensation .............................................................................................7 Welfare facilities:..........................................................................................................7 Career development facilities:.......................................................................................7 Career planning programs:............................................................................................7 Job aids:.......................................................................................................................8

2.7.1. 2.7.2. 2.7.3. 2.7.4. 2.8.

Enriching work Environment:................................................................................................8 Enhancing Wellness and Well-being...............................................................................8 Promoting Life Skills......................................................................................................9

2.8.1. 2.8.2. 3.

Creating a Vibrant Workplace ......................................................................................................9

SECTOR SPECIFIC STUDY: CONSTRUCTION & ENGINEERING

SECTOR SPECIFIC STUDY: LARSEN & TOUBRO
1. Introduction
Larsen & Toubro is a Mumbai based Indian conglomerate. The company was founded in Mumbai in 1938 by two Danish engineers, Henning Holck Larsen and Soren Kristian Toubro. It has business interests in Construction, Engineering, Manufacturing goods, Information Technology and Financial services. It is a 12.34 Billion US$ company by revenues. It has employee strength of around 45,000. Construction division is one of the major revenue generators of the group. L & T Constructions is also listed as India‟s largest construction organization. L & T constructions division mainly takes care of the following:      Infrastructure projects Buildings & factories Power transmission and distribution Metallurgy and material handling Realty projects

Vision State ment The L&T vision reflects the collective goal of the company. It was drafted through a large scale interactive process which engaged employees at every level, worldwide.

SECTOR SPECIFIC STUDY: CONSTRUCTION & ENGINEERING

SECTOR SPECIFIC STUDY: LARSEN & TOUBRO
2. Human Resource in Larsen & Toubro
L & T considers its Human Resource to be the most precious resource. In the words of the company‟s co- founder Henning Holck-Larsen: „Machineries may be there, buildings may be there, but without people it‟s all...
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