Human Resource Management

OBJECTIVES AND SCOPE OF THE STUDY

PRIMARY OBJECTIVE

To understand the process of formulation of HR policies followed in HCL and the kind of organization culture prevailing there. The strategic intent of the project was to do overall study on HR policies followed in HCL & Best practice used in HCL.

The main objective identify were:
• To study the HR Policies of the company.
• To study the amendments made in the HR Policies at HCL.
• To share and utilize the knowledge gather from this project wherever and whenever required.
• The objective is to provide the reader with a framework of the HR Policy Manual and the various objectives that the different policies aim to achieve.

SECONDARY OBJECTIVE
• To study other HR related activity existing in HCL.
• To study the formalities that new employee undergo when they enter HCL.
• To get acquainted with the process of HR department & its functions.

INTRODUCTION TO THE STUDY

HUMAN RESOURCE MANAGEMENT (HRM) is the strategic and coherent approach of the management an organizations most valued assets-the people working there who individually and collectively contribute to the achievement of the objectives of the business The term human resource management and human resource have largely replaced the term Personal management as a dscription of the processes involved in managing people in organizations. Human Resource Management is both an academic theory and business practice that addresses the theoretical and practical techniques of managing a workforce.
The Human Resource Management (HRM) function includes a variety of activities and key among them is deciding what staffing needs you have and whether to use independent contractors or hire employees to fill these needs, recruiti...

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...reas where the organization needs to focus. These policies overall effect the satisfaction level of employees as well as the working environment. Better policies help in retaining the best employees and utilise the human capital fully by motivating and increasing their morale and zeal.
R & R, Training, Compensation is satisfactory but Performance Management System needs to improve to retain the employees.
As the project draw to an end I hope I have been able to portray HCL-CDC in the proper light and succeeded in achieving what I started out.
The overall learning and experience will surely help me in my future as I will be aware of certain things of organizational behavior, marketing management, customer relationship etc.
This report gives me the taste of corporate sector that how we can survive in this competitive environment which is necessary to understand.