Hr Poliies

Topics: Employee benefit, Performance appraisal, Employment Pages: 10 (3515 words) Published: July 16, 2013
BHARAT HEAVY ELECTRICALS LIMITED BHELBharat Heavy Electricals Limited (BHEL) is an Indian state-owned integrated  power plant equipment manufacturer and operates as an engineering and manufacturing company based in New delhi,India. BHEL was established in 1964, ushering in the indigenous Heavy Electrical Equipment industry in IndiaThe company boasts of a dedicated team of highly skilled and committed workforce of 49,390 employees| NATIONAL THERMAL POWER CORPORATION NTPC'People before PLF (Plant Load Factor)' is the guiding philosophy behind the entire gamut of HR policies at NATIONAL THERMAL POWER CORPORATION. We are strongly committed to the development and growth of all our employees as individuals and not just as employees. We currently employ approximately 26,000 people at NTPC.Competence building, Commitment building, Culture building and Systems building are the four building blocks on which our HR systems are based.| REPORT ON FOLLOWING PROJECTS ON BHEL: A)ANALYSIS OF SOCIAL SECURITY AND LABOUR WELFARE PROJECT IN BHELSocial security is one of the fundamental needs of the day.Freedom and security against economic risk is the minimum that be secured in under developed economies as early as possible.So, taking care of this very knowing BHEL implemented some important schemes:1.death relief fund2.group insurance scheme3.the payment of gratuity4.employee’s family pension scheme5.provident fundFINDING OF STUDY:BHEL follows the socialSecurity and labour welfare schemes very effectively and efficiently.The timeframe provided by BHEL to give the compensation to their employees at the time of accident and death cases is very less.BHEL personnel procedures and information regarding internal circulars etc. were communicated to the workers at the right time and it is be easily available.The relation between management and employees was found quiet cooperative and constructive in nature. A) Analysis of performance appraisal system in BHEL  Performance appraisal, employee appraisal, performance review, or (career) development discussion is a method by which the job performance of an employee is evaluated (generally in terms of quality, quantity, cost, and time) typically by the corresponding manager or supervisor.A performance appraisal is a part of guiding and managing career development. It is the process of obtaining, analyzying , and recording information about the relative worth of an employee to the organization. It is also the judgement of an employees performance in a job based on considerations other than productivity aloneThe Employee’s ability, potential and performance are judged in the appraisal process. It is being tested that whether employee meets the declared objectives and how far the decided parameters are justified. ● The factors like Quality of work, Cost Effectiveness, Process Orientation, Contribution to the Group and Objective being met are analyzed in the process. ● The Objective of Appraisal system is to analysis the effectiveness of the employee in performing his/her job successfully or in an effective way. ● The Performance Appraisal Process gives a clear picture of the efforts placed by an employee in performing his/her job and the way he/she meets the deadlines of the project. This acts as an input to the promotion system of the organization. PURPOSE OF APPRAISAL SYSTEM● Give employees feedback on performance ● Identify employee training needs ● Document criteria used to allocate organizational rewards ● Form a basis for personnel decisions: salary increases, promotions, disciplinary actions, bonuses, etc. ● Provide the opportunity for organizational diagnosis and development ● Facilitate communication between employee and employer ● Validate selection techniques and human resource policies to meet federal Equal Employment Opportunity requirements. ● To improve performance through counseling, coaching and development. B) Employee satisfaction survey of bhel● In BHEL...
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