A Project report On EMPLOYEE ATTRICTION

SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENTS OF BBA PROGRAMME Prepared by: [NIRAJ PATEL] BBA (6th SEMESTER), 2011 12

Under the guidance of [Prof. Ajay shukla] MARCH/APRIL, 2012 GIDC RAJJU SHROFF ROFEL INSTITUTE OF MANAGEMENT STUDIES (B.B.A. Programme), VAPI

VEER NARMAD SOUTH GUJARAT UNIVERSITY, SURAT

(DECLARATION)

I, Mr. Niraj patel, student of GIDC RAJJU SHROFF ROFEL INSTITUTE OF MANAGEMENT STUDIES BBA PROGRAMING, VAPI affiliated to veer narmad south Gujarat University, Surat hereby declare that this project report is a result of culmination of my sincere efforts. I declare that this submitted work is done solely by me and to the best of my knowledge on such work has been submitted by any other person form the award of degree or diploma. I also declare that all the information collection from various secondary sources has been duly acknowledged in this project report.

(CERTIFICATE)
This is to certify that Mr. /Ms. NIRAJ PATEL has satisfactorily completed the project work entitled, EMPLOYEE ATTRICTION based on the declaration made by the candidate & my association as a guide for carrying out this work. I recommended this project report for evaluation as a part of the MBA program of Veer Narmad South Gujarat University.

Place: vapi Date:

Ajay shukla (name of guide)

The project is forwarded for evaluation to Veer Narmad South Gujarat University, Surat for viva-voce

Place: Date:

I/c principal (Prof.Priyakant Ved)

(ACKNOWLEDGEMENT)
I hereby thank all the persons who helped me in the project work. First of I would like to thank my institute RAJJU SHROFF ROFEL INSTITUATE OF MANAGEMENT STUDIES VAPI, affiliated to Veer Narmad South Gujarat University & our in charge principal Mr.Prof.Priyakant Ved who gave me the opportunity to undertake this project to enhance my knowledge. I would also like thank my internal guide lecturer Ajay shukla to help me in my project work & give me support & proper guidance in my work & help me whenever faced difficulties.. I would also like to thank my external guide ms for providing information about my topic & being so generous towards me & permitting me to do my project work in the company. I would also like to thank the Raymond family who always helped & assisted me during my work.

OBJECTIVES

To find out the rate of attrition & what are the reason for the same & how to cope up with it in Raymond

To know why the people leave the organization To understand the reason for attrition at Raymond

To try finding solutions to the problems leading to attrition & give my suggestion to improve the same.

CHAPTER 1 - INDUSTRY OVERVIEW HISTORY

1925 - Setup of The Raymond Woollen mill in the area around Thane creek. 1944 - Lala Kailashpat Singhania took over The Raymond Woollen Mill. The mill was primarily making cheap and coarse woollen blankets, and modest quantities of low priced woollen fabrics.

1950 - Setup of a new manufacturing activity for making indigenous engineering files known as JK Files & Tools. This has now become the largest facility of its kind in the world.

1958 - The first exclusive Raymond Retail showroom, King's Corner, was opened in 1958 at Ballard Estate in Bombay. 1964 - Setup of a new Combing Division. This was followed by a phase of vertical integration, facilitating in the processing of multi-fibers and technology improvements to make blended fabrics.

1968 - Raymond setup a readymade garments plant at Thane. The readymade garments division of Raymond has since then grown rapidly. Raymond has now become the leader among ready-mades, in India, achieving a business turnover of over Rs. 2000 million.

1979 - A new manufacturing facility was set up at Jalgaon, to meet the increasing demand for worsted woollen fabrics. 1980 - Dr. Vijaypat Singhania took over the reins of the company. He injected fresh vigour into Raymond, transforming it into a modern, industrial conglomerate.

1986 - Launch of "Park Avenue", the premium lifestyle brand providing a complete wardrobe solution to the men who like to dress well & be current on styles & fashion.

1990 - The first showroom abroad for Raymond in Oman. 1991 - A new manufacturing facility was set up at Chhindwara, near Nagpur. 1995 - Superfine pure wool collection under the Lineage Line (Super 100S to Super 140S). 1996 - The Renaissance Collection made of Merino wool blended with polyester and specialty fibers (Super 100S to Super 140S). 1996 - Raymond's denim; focusing on quality, innovation and the creation of exclusive products that have always caught the eye of some of the world's leading denimwear brands. Its designs have always kept pace with the changing styles and cuts found in every youngster's closet. With a 40 million meters capacity, Raymond today ranks amongst the top 2 producers of ring denim in India

1999 - The Chairman's Collection of Super 150S made from Merino Wool and Cashmere followed by Super 160S to super 190S. 1999 - Launch of "Parx", a premium casual wear brand bringing customers a range of semi-formal and casual clothes. 2000 - Mr. Gautam Hari Singhania is appointed Chairman and Managing Director of Raymond Limited. 2000 - Launch of "Be:", exclusive prt line of ready-to-wear designer clothing for men and women.

2002 - Acquisition of Color Plus. 2003 - Setup of 'Silver Spark Apparel Ltd.' for manufacturing suits and formal trousers catering largely to export markets. 2004 - Super 220S fabrics under the Chairman's Collection. 2005 - Setup of state-of-the art Jeanswear facility 'Everblue Apparel Ltd.' near Bangalore. 2005 - Setup of state-of-the art facility 'Celebrations Apparel Ltd.' for the manufacturing of formal shirts. 2005 - Raymond achieved a rare feat and a historical milestone with the creation of the world's finest worsted-suiting fabrics from the finest wool ever produced in the world- The Super 230s made up of 11.8 micron of wool.

2005 - Launch of 'Expressions' an exquisite collection of all wool and polywool suiting specially crafted using exotic fibers like Cashmere, Angora, Mohair, Bamboo, Casein.

2006 - Set of Raymond's third worsted unit at Vapi in Gujarat. Raymond now has 3 state of the art units with a combined capacity of 31 million meters of worsted fabric.

2006 - Launch of design studio in Italy for cutting edge design capabilities for exports and domestic brands. 2006 - Set up of world class carded woollen unit, Raymond Fedora Ltd, in Jalgaon. 2006 - Set up of Greenfield shirting unit at Kolhapur producing high value cotton shirting. This facility is set up as part of the company's JV with Gruppo Zambaiti. 2006 - Set up of J.K. Talabot Ltd - JV with MOB, France for the manufacturing of files and rasps. 2006 - Launch of Zapp! our kidswear brand with first store in Ahmadabad. 2007 - Entered into Joint Venture to retail premium brand GAS in India. 2007 - Launch of new brands for womens wear. 2008 - Launch of 'Raymond Finely Crafted Garments' readymade apparel under Raymond brand. 2008 - Launch of 'Neckties & More' - New format store for accessories. 2008 - Launch of 'Neckties & More' - New format store for accessories.

2009 - Vapi Phase II commenced commercial production. 2009 - Super 240s fabric launched a world record. 2011 - launch of 'Makers' brand in the value for money fabric segment. 2011 - 600th The Raymond Shop outlet opened.

INTRODUCTION OF COMPANY

A vision finds form... A dream conquers reality...

The Raymond Group was incorporated in 1925 and within a span of a few years, transformed from being an Indian textile major to a global conglomerate. In our endeavor to keep nurturing quality and leadership, we always choose the path untaken from being the first in 1959 to introduce a polywool blend in India to creating the world's finest suiting fabric the Super 240s made from the superfine 11.6 micron wool.

Today, the Raymond group is vertically and horizontally integrated to provide customers total textile solutions. Few companies globally have such a diverse product range of nearly 20,000 varieties of worsted suiting to cater to customers across age groups, occasions and styles. We manufacture for the world the finest fabrics - from wool to wool-blended worsted suiting to specialty ring denims as well as high value shirting. After making a mark in textiles, Raymond forayed into garmenting through highly successful ventures like Silver Spark Apparel Ltd., Everblue Apparel Ltd. (Jeanswear) and Celebrations Apparel Ltd. (Shirts). We also have some of the most highly respected apparel brands in our portfolio: Raymond, Raymond Premium Apparel, Park Avenue, Color Plus, Parx and Notting Hill. The Raymond Group also has an expansive retail presence established through the exclusive chain of 'The Raymond Shop' and stand-alone brand stores. We are today one of the largest players in fabrics, designer wear, denim, cosmetics & toiletries, engineering files & tools, prophylactics and air charter services in national and international markets. All our plants are ISO certified, leveraging on cutting-edge technology that adheres to the highest quality parameters while also being environment friendly. For over 80 years, Raymond is counted as one of the world's premier manufacturers of worsted suiting fabric in fine grade wool, in the same league as the finest that Europe has to offer. Today, the Raymond product range includes pure wools, wool blended with exotic fibres like camel hair, cashmere and angora and innovative blends of wool with polyester, linen and silk. Offering suiting and trousering fabric for all occasions and needs. Our domestic distribution is spread far and wide with more than 30,000 outlets that stock and sell our wide range of fabrics. Fine products, wide range, superb distribution and intelligent advertising support have helped the company gain a dominant share of the market. No wonder, premium labels from the world's fashion capitals prefer Raymond.

COMPANY PROFILE
Name of the company Address of Registered Office Raymond Limited(Textile division) Plot 156/H No.2, Zadgaon

Ratnagiri,415 612 Tel No Fax Year of Establishment Year of commencement +9123524921917 +91 2352 492 3851 2005 of 2005

Business

Business Activities: -Manufacturing Process of Fibreto Fabric Principle Bankers : (1) Bank of India (2) Bank of Maharashtra (3) Bank of America

(4)Central Bank of India (5) City Bank N.A. (6) HDFC Bank Limited (7)The Hongkongand Shanghai Banking Co-operation Limited (8) Standard Chartered Bank

Auditors : -Dalal & shah

Website : -www.raymondindia.com

LOCATION OF MANUFACTURING FACILITIES

India Operations
Vapi Thane Nasik Jalgaon Yavatmal Aurangabad Ratnagiri Chiplun Kolhapur Chhindwara

Overseas Operations
Indonesia Romania Belgium Portugal United States of America

Bangalore(3 plants) Chennai Kolkata

GROUP COMPANIES
Raymond limited It is among the largest integrated manufacturers of worsted fabrics in the world Raymond apparel limited - Raymond finely crafted garments, Manzoni, Park avenue,(men and women)color plus(men and women), Park, Be. Colour plus fashion limited - The Company was acquired to cater the growing demand for a high end, casual wear brand in the country for men and women. Silver Spark apparel limited - A garment facility that manufactures formal suits, trousers and jackets. Regency texteis Portuguese Lda - A facility set up in northern Portugal bordering Spain, in Caminha for manufacturing suits, jackets and trouser Everblue Apparel limited - A state of the art denim garmenting facility. Celebrations apparels limited - A facility set up for the manufacture of formal shirts. J.K files & tools - A leading player in the engineering files and tools segment and the largest producer of steel files in the world. Ring Plus Aqua Limited - A leading manufacturer in the engineering automotive components. J.K Helene Curtis Limited - A leading player in the grooming, accessories and toiletries category.

J.K. Investo Trade (India)Limited - It is an investment company registered with reserve bank of India as a non banking financial company. Raymond UCO Denim private Limited The manufacturer and marketers of denim fabrics. Raymond Zambaiti private Limited - A Greenfield facility manufacturing high value cotton shirting. Raymond woolen outerwear Limited - A plant set up to manufacture carded woolen fabrics and blankets. Gas Apparel private Limited - Grotto s.p.A launched the highly successful GAS brand in India J.K Ansell Limited - The manufacturer and marketers of Kamasutra Condoms and surgical gloves. J.K Talabot Limited - Joint venture with MOB outillage SA manufacturing files and rasps for international markets.
JOINT VENTURES Raymond UCO Denim Pvt. Ltd. Raymond Zambaiti Pvt. Ltd Raymond Woolen Outerwear Ltd. Gas Apparel Pvt. Ltd. J.K. Ansell Ltd. J.K. Talabot Ltd.

RAYMOND BRANDS
RAYMOND: For over 80 years, Raymond is counted as one of the worlds premier manufacturers of worsted suiting fabric in fine grade wool; in the same league as the finest that Europe has to offer. Today ,the raymond product range include pure wool ,wool blended with exotic fibres like camel hair, cashmere and angora and innovative blends of wool with polyster,linen and silk . Offering suiting and trousering fabric for all occasions and needs.Our domestic distribution is spread far and wide with more than 30,000 outlets that stock andsell our wide range of fabrics. Fine products, wide range, superb distribution and intelligent advertising support have helped the company gained a dominant share of the market. No wonder premium labels from the worlds fashion capitals prefer Raymond. MANZONI: Manzoni is a luxury lifestyle brand offering the discerning customer a super premium range of formal wear and sportswear including shirts, suits, trousers, jackets, ties and leather

accessories. Our exclusive designs provide customers the best in contemporary international style and luxury. Each garment is crafted from the most exotic cotton silk, linen and superfine wool, the best-in-the-world linings, interlinings and threads sourced from around the globe.

PARK AVENUE: Launched in 1986, Park Avenue is today, Indias most admired formal wear brand. It offers stylish and innovative wardrobe solutions to gentlemen for all their dressing needs be its Business, Evening Leisure, Travel or Heritage Wear. The brand has received several awards. Recently, it had the honor of being the Most Admired Brand at the Lycra Images Fashion Awards 2007 for the third consecutive year. Crossing the gender divide, Park Avenue launched Park Avenue Woman - a complete range of Business Wear for women. Park Avenue Woman is designed especially for the working women professionals of today.

COLOR PLUS Color plus is one of Indias premium and most respected casual wear brands offering customers a range of shirts, trousers, knits and survival gear. Color plus is constantly innovating the processes and technologies which offering the buyers new world of comfort. Some of the technological innovations it is well known for; include thermo-fused buttons, golf ball wash, soft jeans, wrinkle free technology, stain-free fabric and the cone dyed technique. Adding new color now to the womans wardrobe, Color Plus recently launched Color Plus Woman An exclusive range of smart-casual clothing.

Parx

Parx is a premium casual lifestyle brand bringing customer a range of stylish semiformal and casual clothes that reflects the easy, relaxed attitude of the energetic 2230 years old. Parx was launched in 1999 to cater to the smart and stylish clothing segmen ZAPP! : The burgeoning childrens wear market has now turned stylish with zapp! Our range of stylish and fashionable kids wear. The brand brings 4-12 years a wide range of clothes, accessories, bed and bath line and more. The first zapp! Store has been launched in Ahmadabad with ten more on their way for kids across the country.

NOTTING HILL: Noting Hill reflects style and manifests originality of todays fashion-conscious and discerning young professional at an affordable price. The brand collection features a spectrum of mens lifestyle product comprising of suits, shirts, trousers, jeans, t-shirts and also accessories like ties, handkerchiefs and socks.

HOME BE: HOME is a specialty multi brand Home Retail Chain that present elegant, soft home furnishing & accessories which are sourced from across the globe from reputed labels (private &international). Spanning from a mid premium pricing range, Be : HOME provides an assortment of quilts, blankets, robes, apparels, wall decor , vases, candles, gourmet cooking range and much more under one roof to provide the perfect look for your home.

THE REYMOND SHOP: The Raymond shop is premium retail store offering complete wardrobe solution for men, which includes top-of-the-line brand Raymond Manzoni, Park Avenue, Color Plus and Parx.

ORGANIZATIONAL STRUCTURE

VISION
"Raymond the most desired Workplace for top talent"

MISSION
We commit to the HR vision of making "Raymond the most Desired Workplace for top talent". We will strive to weave in the core Raymond values namely Quality, Trust, Leadership, and Excellence in all our actions & HR Processes so as to make every Raymondite a complete man.

VALUE

Trust Quality Leadership Excellence

RAYMONDS OFFERING
1) FABRICS Worsted Denim Shirting Tailored clothing Jeans wear Dress shirts.

1) APPAREL

1) BRANDS

Raymond premium apparel Park avenue Color plus Parx Noting hill The Raymond shop. Exotic collection Camp fire collection Autumn collection Shawl collection

1) WOLLEN OUTWEAR

1) FURNISHING 2) RETAIL Raymond shop Brand stores Raymond made-to-measure Files Cutting tools Hand tools Auto components Park Avenue Premium Gifting solutions Kama sutra Kama sutra Surgerical gloves

1) ENGINEERING

1) PERSONAL CARE

1) PROPHYLACTICS

1) INTERNATIONAL BUSINESS 2) CORPORATE WEAR

SWOT ANALYSIS
Strengths
Location Advantages like water and Raw material Availability Modern world class machineries Skilled labor at low cost Highly dedicated and work oriented staff. People here do not just work for money. They work for RAYMOND. Team of loyal buyers and users throughout the world Unique company policy where the customers are valued more than profits

Weaknesses
Current Scenario of market

Effect of government policies

Opportunities
Increase focus on product development 100% capacity utilization Increase foreign market business

Threats
Competition in Domestic and International market Ecological & social awareness Regional Alliances

MAJOR PRODUCTS Worsted

Raymond is the world's largest producer of worsted suiting fabrics commanding over 60% market share in India. With a capacity of 31 million meters, we are among the few companies in the world, fully integrated to manufacture worsted fabrics, wool & wool blended fabrics. We also convert these fabrics into suits, trousers and apparels that are exported to over 55 countries in the world; including European Union, USA, Canada, Japan and Australia amongst others. A trendsetter and an innovator in the Indian textile market, our expertise has been brought forth by our in-house research & development team. Their innovations have become milestones in the worsted suitings industry.

We mastered the craft of producing the finest suiting in the world using super fine wool count (from 80s to 240s) and blending the same with superfine polyester and other specialty fibres, like Cashmere, Angora, Alpaca, Pure wool and Linen. Raymond has created the worlds finest worsted suiting fabric from the finest wool ever produced in the world the Super 240s fabric made of 11.6 micron wool. Today we are recognized as a pioneer in manufacturing worsted suitings in India, producing nearly 20,000 designs and colors of suiting fabrics, which are retailed through over 3,000 stores in over 400 towns across India. From fabric to fine tailored clothing marks the Group's foray into the global apparel market. Raymond has increased its worsted suiting capacity by 14 million meters, as part of the second developmental phase of the Vapi plant. Modeled to meet international standards, the Vapi plant has been set up on 112 acres of lush green land with Hi-tech machinery such as warping equipment from Switzerland, weaving machines from Belgium, finishing machines, automatic drawing-in and other machines from Italy.

PRODUCTION DEPARTMENT

PROCESS FLOW CHART

RAW MATERIALS Wool: The Merino brand of wool is imported from Australia, and supplied as Tops by the woolScouring and Grey Combing department. Polyester: A man made synthetic fiber which is in the form of staple fiber or tow. There are three varieties Normal, Sparkle and Low pill.

Viscose: A regenerated cellulosic fiber which is made from wood pulp. Generally it is dopedyed by suppliers and is in fibrous form. The production operations at our plant are coordinated by the PRODUCTION PLANNING & CONTROL department. Its role is to gather information of all stock at various stages and communicate are synchronized. First in the sequence is the RAW MATERIAL GODOWN where the basic inputs procured are stored, accounted for and intimated to the COMMERCIAL department. The first stage of processing is DYEING. According to a dyeing plan set by the production planners, the dyeing department is issued tops. Fabrics and yarn produced at further stages which are grey or do not have the desired pigmentati on are also dyed. Some polyester is procured in the form of tows. These are cut and converted into sliver form and converted into tops in the CONVERTER section. The material is sent back to the raw material godawn from where it is sent to the dyeing department. Only after a perfect match with standard shades are the tops sent to the RECOMBING department. In the Recombing department tops of polyester and wool in sliver form are blended and mixed t o p r o d u c e a u n i f o r m s l i v e r ( 6 5 % p o l y e s t e r & 3 5 % w o o l ) . The processing ensures that fiber is untangled. Straightened and parallel. All there Tops (polyester and wool) are sent for spinning in the WORSTED SPINNING department. The function of spinning is to form yarn fiber. The yarn made is wound on a bobbin and is called cheese. Tops roll of sliver Tow roll of continuous film or filament of fiber with the different departments; so that production activities

Sliver fiber in a rope like form. Simultaneously polyester and viscose fiber is dispatched from the dyeing department and raw material godown (grey i.e. Undyed) to the blow room or P/V SPINNING department where it is mixed in proportion (67% polyester and 33% viscose). All yarn is stored for intermediate purpose in a DOUBLE YARN ROOM from here the yarn is issued to warping section of the WEAVING department. At this stage yarn is woven into fabric. In the MENDING department this fabric is under scrutiny for any defects to be identified and removed. Every meter of fabric produced is checked. The next stage of processing is the FINISHING department. Fabric is washed cleaned and subjected to mechanical / chemical operations with the aim of giving the fabric a smooth regular texture, luster and anti-creasing effect.

In the FOLDING department, finished fabric is cut to proper length, wound and packed properly. In addition to this we have a PLUSH department where we manufacture FURNISHING fabric by procuring yarns from outside. The packed goods are stocked in the WAREHOUSE from where it is dispatch as per sales note to respective dealers. This transfer is communicated to the SALES office

SALES PROCEDURE
Every year there is sales booking takes place and the booking is done for two seasons. 1) Summer booking (in the month of December) 2) Winter booking (in the month of June) In the booking the dealers book their requirement for next season for which the booking is being taken place. And as per their booking, Sales & Marketing Dept. prepares sale notes quality wise, shed wise for all the dealers those are given booking for the next season. There is a three types of Sale Notes are prepared. 1) Main Sale Notes:

The same is prepared buyer wise. In this, the qualities and shed numbers are mentioned of the dealers which are to be produced by us to fulfill the requirement in the required delivery period under instructions given to Production & Planning Department. 2) Additional Sale Notes: The same is also prepared buyer wise and the same is issued after completion of booking for delivery period of next two months having the qualities and shed numbers as per requirement of the buyer. 3) Mini Sale Notes: Mini Sale Notes can be issued in favor of buyer as per their requirement received through phone or email or their personal visit

BATCH MAKING PROCEDURE

The batch making procedure is doneby Warehouse Department and finds Processing of Dispatch is done by IT Department. Before batch making Warehouse sorting the old packed bale challans and daily packingchallans which are ready for dispatch of goods and keeping separately for making a batch. On the basis of challans which are in hand and ready for dispatch the Warehouse Punches thechallans in the batch programme. Looking to the capacity of Lorry a batch can be made of maximum of 350 bales of 150 Bales which covers 22 to 24 thousand meters respectively in every challan gross weight is feeded in the same programme after punching all challans the batch programme shows total numbers of bales and total meters which are ready for submission to EDP Department for processing the final dispatch. After that one slip is

prepared by Warehouse Department for submission of batch to EDP department having the following details of a batch.
Date of Dispatch Total numbers of Bales Total meters Type of Dispatch Time

SYSTEM APPLICATION DATAPROCESSING (SAP):SAP is kind of ERP package. ERP stands for Entrepreneur Resource Planning. This is a software package used for planning, organizing and coordination the resources available in the factory for optimum utilization. In a SAP each department is equivalent to some module. Raymond has implemented 6 modules. They are:1. Material Management 2. Financial Accounting 3. Production Planning 4. Quality Control 5. Sales and distribution 6. Human resource management Any document consisting of data related to the above stated module is feeded in the system is called as transaction. All the users of the system, which are mainly the department head are given the password and login name to access the system.

SAP initially was developed in German language. The 5 employees of IBM developed it in the year 1972. Initially Raymond used only one module for financial accounting and the utility efficiency and the speedy decision making lead to the application of other modules. All the modules are interred related and the changes made in data of 1 module get updated in all the other modules. There is a master data for each of the module. The modules are provided in the package but if needed is felt new modules can be developed and the collection of program can be attached. Information with similar links is kept in the same module. This shows the adaptation of new technological innovations by Videocon to improve efficiency and minimize the time factor.

HUMAN RESOURCES DEPARTMENT

HRD is the heart of Raymond. The working of HRD encompasses all the departments, as it has to manage all the employees tactfully. The HRD mainly follows the two aspects for managing the employees. They are: Traditional aspect Developmental aspect

The traditional aspect is related only to the old age concept of human resource management. It carries out the functions mainly of:1. Recruitment: - The employees are recruited on the basis of value and urgency. The

traditional recruitment can be internal i.e. the employees are promoted or their relatives. It can also be external from some consultant management schools, by newspaper advertisement etc. 2. Payment of salaries and wages: -

It is decided on the basis of the work or designation; payment of wages is done according to minimum wages act. 3. Industrial relations: The department establishes a relation, which will be beneficial to the company in long term. Workmen compensation act and employees state insurance act is implemented. 4. Union management. 5. Agreement:It includes the rules and regulations, which are to be followed by the staff and employees for smooth working of the company. 6. Bargaining with the union.
7. Resolving disputes: -

Industrial disputes act resolves strikes and outlets. 8. Administration It is also a function of the HRD department. It includes providing facilities like lunch, bus for traveling. Even providing security is the part of the administration. Administration activities are launched by government in same format.

The development aspect includes activities such as:-

1. Performance Appraisal: -Quarterly appraisals are done and objectives are defined for the year. In this A, B and C rating is given like excellent, very good and good. There are 4 types of appraisals:A. Self appraisal B. Superior appraisal (90) C. Peers appraisal (180) D. Subordinate appraisal (360) 2. Training and development: Training and development is provided on the basis of their needs. Training is provided either internally or externally. The training is provided mostly on job. The off job training is provided to mostly executives. 3. Engineers and HRD workers do timely study. 4. Job Rotation: It is used to motivate the employees and to avoid monotony. 5. Grievance management: It is to coordinate the management with the employees. Its main objective is to sole the grievances of the employees, so that they should work with complete commitment.

6. Promotion: It is provided on the basis of sincerity and merit. Besides these facilities such as recreation to the staff and their family, transportation canteens, schemes for children, society for workman etc. are provided. In all, there are 210 permanent employees in such shifts. Some temporaries and trainees are appointed in case of absenteeism.

People & Culture:The name Raymond stands for Quality, Excellence, Leadership and Trust. At Raymond, the extended families of employees strive every minute of the day to bring these attributes to life in their interactions, behavior and work. We have endeavored to create a work place that is characterized by warmth and inclusion. In Thane, our oldest Textile Factory, there are employees who have dedicated over 40 years of their working life to build this organization. We will stand indebted to their contributions for a long time to come. Within the same Group, our new businesses of Apparel and Retail is very much in step with the younger, trendier and vibrant ways of working, that is prevalent in that Industry. The spirit of enterprise and an inherent tolerance of failures have lead to a culture of innovation. Raymond has been able to cater to the discerning Indian Consumer across a wide range of choices in design and price points. This has been one compelling reason for our sustained leadership in the Industry for decades. The feeling of Pride in the association is not restricted to employees alone. Our Trade and business partners, who have remained loyal to the Company for over 5 decades, stand testimony to Raymonds ability to nurture relationships. Fair and transparent operating styles that are routed in Core values and ethical behavior are the essence of the Raymond experience. All this is enveloped in a fast growing performance culture that is based on clearer performance norms, sharper differentiations and better rewards and recognition for Key talent. The collective aspiration is to extend its market leadership to accomplish the vision "Raymond way of life" as

well as be a leader in the Talent charisma by emerging a Desirable Place to Work for Top Talent.

Employee Benefits:Wherever Raymond has created industry and employment, it has also provided educational, housing, recreational and spiritual support systems for its people. The company always strives to make employees feel a part of the large Raymond family. Employee Staff Quarters Guest House Raymond Products at Concessional rates Company Bus Singhania School: Employees' children have the facility to enroll themselves in the schools run by the J.K. Trust, at 50% of the fees. In many cases, children's education is absolutely free.

Recruitment Philosophy:-

At Raymond we make sure that all positions across the groups are staffed by proficient individuals who have the requisite skills, competencies, knowledge, experience, qualification & right attitude to perform them effectively and efficiently. Also it is ensured that the right job entrusted to a right person so that there is optimal deployment of manpower resources.

Manpower Resourcing:-

"The company first scouts for talent within the organization to provide growth opportunities to its employees. This is done by notifying vacancies internally. This practice helps in managerial cross-functional exposure for career development and learning." Internal Resourcing "The company first scouts for talent within the organization to provide growth opportunities to its employees. This is done by notifying vacancies internally. This practice helps in managerial cross-functional exposure for career development and learning." Talent from Campus "Raymond recruits young textile engineering graduates, textile technologists, chartered accountants, fashion technologists and MBA's only from some of India's leading Institutes. They are then rigorously trained for a period of one year, during which they are placed across different departments, before being finally placed in their area of specialization. The objective of the programme is to gauge the recruit's area of expertise and then train them to independently shoulder their responsibilities. A Mentoring program for new inductees in the organization enables them to adapt themselves to the organization."

Lateral Recruitment

"Market-skilled' employees from other companies are periodically inducted into the organization from time to time. A combined force of existing talent and induction of fresh blood helps the company to be competitive in the face of increasing business complexities."

Training & Development:-

Stimulated minds are learning minds that contribute effectively to business. Corporate learning and OD aspires to create a Learning Organization, a place where people are high on job satisfaction resulting from stimulating work environment and Learning Opportunities. The Corporate Learning and OD team strives towards attaining HR vision of making Raymond the most Desired Workplace for top talent.

Learning Strategy 2009-10:The Learning Strategy for 2009-10 has been divided into three verticals Neev, Udaan and Shikhar. Neev is a foundation program designed to provide basic inputs on the Raymond Way of Life through Impressions which is a learning intervention on Grooming and Etiquette and Discover Raymond which is a detailed Group Induction program. Udaan is a skill building learning intervention that will provide inputs on critical soft skills required to deliver great performance on the job like conducting meetings, making presentations and developing analytical skills. Shikhar is a learning intervention to build managerial capabilities to assist and prepare high performing employees for the next level. Several initiatives are organized to this end which includes Discover Raymond which is a 90-day detailed Group Induction program, Impressions which is a learning intervention on Grooming

and Etiquette, analyzing developmental needs and training delivery on various modules, both behavioral and functional.

E-learning:Corporate Learning & OD has its own website and uses it to disburse internal and external news, provide job related information and to make relevant announcements. Raymond Virtual University was launched through this Intranet Portal to enhance our peoples skills and knowledge through a basket of e-learning modules on various topics. Corporate Learning & OD seeks different ways to deliver programs to employees which are effective and time saving.

Talent Development:Managing a group of critical and high potential talent differently is the key to managing talent in an organization. The process of identifying and developing Top Talent needs to be fair, transparent and acceptable in an organizational culture. Corporate Learning & OD seeks to create and implement a robust framework to manage this process, the primary purpose being to create depth in leadership, fast track high potential talent and built in robustness in the leadership fabric of Raymond.

Organization Development:OD is about change and growth. Corporate Learning and OD team is engaged in anchoring the HR journey of Making Raymond the most desired workplace for Top Talent. This, though ambitious, is not impossible, if systematically done with sharply defined objectives and clear milestones. There will be several interventions required at different levels across the Raymond in the next few years to get closer to this Vision. Corporate Learning & OD team will design and anchor these initiatives.

Employee Engagement Initiatives:-

Corporate Learning & OD is also accountable for managing the employee engagement initiatives across the company. This includes communication forums like CEO Forum and Open houses with the Top Management and also Festivities and celebrations