HR PRACTICES IN
By Group 4A INFOSYS & WIPRO
HRM REPORT
By Hustlers (4A)
Soumya Tiwary (140040)
Anurag (140007)
Monu Kumar (140024)
Sneha Anand (140039)
Shantanu Sinha (140034)
Monik (140087)
INTRODUCTION
Human resource management is a structured and holistic approach to managing a company's
most valuable assets: the people who work there and contribute individually and collectively
to the fulfilment of the business mission. As a description of the processes involved in
managing people in organisations, the phrases "human resource management" and "human
resources" have essentially supplanted the term "personnel management." HRM is defined as
the process of hiring people, developing their skills, employing, preserving, and awarding
their services in line with work and organisational requirements.
COMPANY PROFILE
Infosys Limited is an Indian IT company that specializes in multinational companies
consulting and information technology services. Infosys assists clients in 45 countries in
formulating and delivering various digital transformation initiatives. Infosys assists
organisations in upgrading and improving existing environments so that they might achieve
higher efficiencies and remain relevant in current economy. Infosys has over 200,000
personnel and has progressed to a US $10.9 billion (revenues FY18) company with a market
valuation of US $ 39 billion since for their hard work and commitment.
Wipro Limited is a market-leading IT, consulting, and business process outsourcing services
company. Wipro uses analytics, robots, cloud computing, and other cutting-edge technology
to help clients on six continents adapt to the current digital trend and succeed. Wipro employs
about 1,60,000 leaders who are dedicated to making the world a better place. The revenue of
Wipro for the fiscal year 2017 was roughly 848 crores USD.
HISTORY
In Pune, India, in 1981, N. R. Narayana Murthy and a group of six other engineers founded
Infosys Limited, formerly known as Infosys Technologies Limited, with an initial capital
commitment of only US $250.
Infosys developed an employee stock option plan when it went public in 1993; in 1994, it
relocated its headquarters from Pune to Bangalore, India; and in 1999, it became the first
Indian IT company to be listed on NASDAQ, making it India’s top stock at the moment.
Infosys was one of the top 20 NASDAQ companies by market capitalization in 1999.In the
year 1999 Infosys annual revenue touched US$100 million, US $1 billion in 2004 and US$10
billion in 2017.
Wipro Limited, previously Western India Products Limited, is an India information
Technology firn founded in 1945 by MD Hashem Premji as “Western Vegetable Product
Limited”,later abbreviated to Wpro. It was once a refined edible oil company based in
Amalner, Maharashtra. After his father passed away in 1966.
His son, Azim Premji took over the company in the age of 21 and In 1980, Wipro made its
first appearance in the information tech area.
ORGANIZATIONAL STRATEGY
HR practices of Infosys are envisioned by its founders and the culture that has been
predominant over the year. By maintaining the company's culture, the established to promote
simplicity. Employees are encouraged to talk about how they've learned. Infosys was the first
company to provide world-class training and working facilities towards its employees.
Workers are seen as capital assets, and businesses value their tenure by providing ongoing
innovation training. The significance of consistency in knowledge-based businesses is
rhetoric, and actions are required to empower people. The organization is dedicated to
"youth, creativity, and speed," and they are continuously innovating in terms of attracting the
next generation of workers.
Human Resources, as according Wipro, "struggles to realise its potential as a strategic
business partner." When it comes to balancing expensive in-house expertise with less
expensive external resources to design and provide a cohesive set of value-added services,
most firms are purely reactionary. For at least 20 years, HR transformation has been preached
and written about, and there have certainly been improvements in how the function performs
throughout that time. However, most attempts to acquire strategic business partner status
have ended in failure for reasons that are fairly common across various industries. One of the
most important reasons is that HR has not yet completed the transformation process.
Six Steps Toward Transformation
1. Differentiate among HR operations with HR strategy.
2. Customize your HR services and allocate appropriate HR investment.
3. Standardize lean operations and standardize Human resource policies.
4. Integrate HR systems, automate processes, and clean up your data.
5. Identify outsourcing opportunities and efficiently manage vendors.
6. Enhance managers' ability to manage their personnel and offer HR services to the
company.
SELECTION AND RECRUITMENT
According to Edwin Flippo, Recruitment: “It is a process of searching for prospective
employees and stimulating and encouraging them to apply for jobs in an organization”
Selection: “It is the process of collecting and evaluating information about an individual in
order to extend offer of an employment”
Recruitment planning is one of the most important components in new people management
organization. Infosys has to deal with human assets as it a knowledge-based organization
hence it becomes important to have the right person for the right job. Infosys believe have to
take the recruitment planning in very serious manner to ensure that we can get best talent in
the organization.
RECRUITMENT
1. STATEMENT OF INTENT
• Assist recruiters in examining the knowledge and abilities required for the
position •
• Assist recruiters in determining if prospects meet these requirements
• To put the organization's policy on equal opportunity in the workplace into
action.
RECRUITMENT OPPORTUNITY
The line manager must justify the need for the function, and the relevant Director must
credit it.
• Prior to the establishment of the profession, the line manager must establish a job
description and job specification.
• A resulting of the position is required.
• The line manager must determine the whole cost of the position, including variable costs.
The necessity to keep management costs within set limitations must be recognised in this
procedure.
2. OPPORTUNITY ADVERTISING
Draft the advertisement and tailor made for the target audience ensuring it is non-
discriminatory and avoids any gender or culturally specific language. The factors will
include
the following:
job title
salary and other incentives
brief summary of post
brief person specification
contact person for enquiries from applicants/informal visits
closing date
interview date
a statement that disabled applicants who meet the minimum selection
criteria for the position will be guaranteed an interview
arrangements for visits to the job location
3. SELECTION PROCESS
The selection panel will examine how each skill within the candidate specification
will be most appropriately assessed. The method used will be determined by the
nature of the post, but may include a combination of the following
Panel Interview
Presentations
Testing
In-tray exercises
Group exercises/discussions
4. DECISION GUIDELINES
• Prior to the decision-making process, the interview panel should have accessibility to the
tests used in the selection process.
• The talents of each candidate should be evaluated to the person specification. The supply of
professional and personal development may be taken into account.
• All panel interviewers should make a summary and record of their decisions at the interview
for each candidate, which should be kept by the Human Resources Department.
5. POST SELECTION PROCESS
Communicate with the successful candidate.
If the candidate declines the offer and other candidates were deemed by the
panel to be suitable using the same selection criteria offer the next most suitable
candidate the post.
Communicate with all the unsuccessful candidates at the earliest opportunity
and offer feedback within two days.
6. EMPLOYMENT OFFER
Acknowledge offer of post to successful candidate and at the same time, request
documentary evidence of their eligibility to work in the specified country
Keep process managers informed of progress
Issue written statements on the terms and nature of offer of employment in advance
of the commencement date.
7. RECRUITMENT AND SELECTION
ANALYSIS & PROCESS
The policies on recruiting and selection assist management in conducting a fair and clinical
recruitment and selection process. It aims to boost the morale of everyone who participates in
the recruitment and selection process. Every applicant that wishes to join their organisation,
according to the management, is a possible candidate to live within the organisation.
Infosys follows necessary steps to recruit people on the basis of various factors and to
choose the right candidate. The following are the main factors that are considered
while recruiting new employees.
Wipro Recruitment process includes a selection stage when decisions are made as to
the viability of a particular candidate's job application. It directly affects the overall
productivity of an organization. A right selection may increase the overall
performance of a company & a wrong one may lead to material and financial loss. A
perfect selection process can help to pick the most eligible candidates amongst all
applicants. The Process of selecting candidates focuses on abilities, knowledge, skills,
experience and various other related factors.
INFOSYS WIPRO
Online Aptitude Test Written Exam
Infosys Interview Wipro Interview
Process Process
Technical Round Technical Interview
HR Round HR Interview
TRAINING AND DEVELOPMENT
“Imparting of specific skills and abilities and knowledge to an employee”
It is an attempt to improve current or future employee performance by increasing an
employee’s ability to perform through learning, which is determined by performance
deficiency”
OBJECTIVES of INFOSYS undertaking training and development are:
Employee competency should be enhanced, and work performance should be
enhanced as well.
Support learning and continuous improvement to help employees who are starting a
new job, assignment, or transfer become competent quickly.
Help individuals evolve within the firm to meet changing technological, process, and
culture needs.
OBJECTIVES of WIPRO
undertaking training and development are:
• Avoid Obsolescence
• Adaptability to the company's changing requirements
• Continual improvement in the organisation
• Full utilisation of manpower's talent and growth of these resources
• The extent to which personnel should be taught to effectively administer the company's
system.
PERFORMANCE APPRAISAL AT INFOSYS & WIPRO
Performance appraisal is carried out half yearly at Infosys. A 360-degree appraisal is
carried out for all employees. Appraisals are required from peers, direct supervisors,
subordinates and customers. A minimum of six to seven appraisal reports are
collected for each employee, all of which completed are on-line and the data is
maintained in a central database. Also Wipro uses different techniques for
performance appraisal for it’s human assets. We will see those techniques further.
For Infosys
360 DEGREE PERFORMANCE APPRAISAL
Identifying of performance
Feedback on individual performance
Basis for self-evaluation.
Analysing Employee Development:
Diagnosing training and career development requirements
Maintains a basis for promotion, dismissal, job enrichment, job enlargement, job
transfer, probation
Monetary and appreciation rewards.
For Wipro
TECHNIQUES FOR PERFORMANCE APPRAISAL
1.Rating Method: Under the ranking method, the rater must score his subordinates based on
their overall performance. Simply put, this entails placing a man in a rank order. In this
method, an employee's ranking in a work group is determined by comparing it to that of
another employee. Each employee's relative position is determined by his numerical rank. It
can also be done by comparing a person's job performance to that of another competitor in
the group.
2. Rating Scale : Several numerical scales describe job-related performance criteria
such as dependability, initiative, output, attendance, attitude, and so on. Each scale
has a range of good to mediocre ratings. The total numerical scores are added
together, and the final conclusions are drawn.
3. Checklist method This strategy involves creating a checklist of statements about
an employee's characteristics in the form of Yes or No questions. The rater is just
responsible for reporting and checking, while the HR department is in charge of the
actual evaluation.
4. Critical Incidents Method The strategy focuses on a few key employee
behaviours that can make or break a company's effectiveness. Supervisors keep track
of such instances as they happen.
5. Essay Method : This approach requires the rater to write down the employee's
description in detail under a number of broad categories such as overall impression of
performance, employee promotability, current capabilities and qualifications of
performing jobs, strengths and weaknesses, and training needs.
COMPENSATION MANAGEMENT
Compensation is a systematic technique to providing employees with monetary and
non-monetary value in exchange for their labour. It can be described as money earned in the
course of labour, as well as a variety of advantages provided by a company to its employees.
Compensation refers to remuneration in the form of hourly earnings or annual
salaries, as well as benefits such as insurance, vacation, stock options, and other perks that
might influence an employee's work performance.
Both the companies compensates in following ways:
Infosys
Adds learning through training and development and appraisal practices
Adds significant emotional value through initiatives directed towards
sustaining employees with their work and personal needs
Adds financial value by monetary compensation
Wipro
Flexible benefits
Medical assistance Plan and Medical claim benefits.
Group Life Insurance Programme and Employees Deposit Linked Ins
Programme EDLI.
Wipro cares “Miltr”.
Kids @ fun (way of learning)
Fit for Life
Eco Eye.