HRM Policies used in Sobha developers

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1 SOBHA DEVELOPERS LTD A SEMINAR ON K.SNEHA ROLL NO;131564 DEPARTMENT OF CIVIL ENGINEERING National Institute of Technology Warangal – 506 004.

Transcript of HRM Policies used in Sobha developers

Page 1: HRM Policies used in Sobha developers

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SOBHA DEVELOPERS LTD

A SEMINAR ON

K.SNEHA

ROLL

NO;131564

DEPARTMENT OF CIVIL ENGINEERING

National Institute of TechnologyWarangal – 506 004.

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CONTENTS

Company Overview

Real Estate Development and Contractual Business

Unique “Backward Integration “ Model

Strong Track Record

Organization structure and Career growth Stages

HR Policies and Practices in the Organization

Current Openings

Careers

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Company Overview

The Leading Real Estate Player in South India

� Promoted by Mr. P.N.C. Menon and Mrs. Sobha Menon in 1995 Mr. P.N.C Menon has over three decades of national and international experience in the real estate & construction industry Established the brand “Sobha” with focus on quality and timely delivery

� Business Segments

Completed approximately 56.38 MM sq. ft. of development and construction till date

Real Estate developer with focus on Residential projects

Contractual projects for institutional clients - Infosys, Taj, Dell, HP, HCL Tech

In-house manufacturing of interiors and glazing for contractual and

residential use

� Vision: Transform the way people perceive ‘Quality’

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Sobha Developers Ltd., a Rs. 20 billion Company, is one of the fastest growing and only backward integrated real estate players in the country.

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Real Estate Development & Contractual Business

Status ofProjects Residential Commercial Contractual Total

Saleable Saleable Developed (MM sq. ft.)

Chandigarh Baddi - H.P Hyderabad

NCR Bhubaneswar

Jaipur Chennai

KolkataRoorkee

MumbaiBangalore

Pune

MangaloreNo.

Completed 85

Area

(MM sq. ft.)

10.7

No.

12

Area

(MM sq. ft.)

1.7

No.

230

Area

(MM sq. ft.)

18.3

No.

Mysore

Thrissur

227 56.38

Calicut CoimbatoreOngoing 45 8.9 6 0.4 34 5.9 85 15.2

Trivandrum Palakkad

Note1. Includes land bank owned, under joint development and under MoU

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Sobha has made a footprint in 23 cities and 13 states across India.

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Unique ‘Backward Integration’ Model

Expertise in Constructing Innovative Structures

PROJECT INTERIORSIMPLEMENTATION DIVISION

TEAM

ARCHITECTURE,STRUCTURAL &

INTERIOR STUDIO

SOBHA’S UNIQUE GLAZING & METALBACKWARD INTEGRATION DIVISION

MODEL

MECHANICAL, ELECTRICAL & BUILDING MATERIALSPLUMBING PRACTICE DIVISION

Conceptualization to Completion

■ Assured premium qualityBackward

Integration■ Better and timely execution

■ Better planning of resources

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Strong Track Record

Total Revenues(1)

(INR MM)20,000

15,000

10,000

14,36311,894

9,9176,273

Profit After Tax(1)

(INR MM)2,500

2,0001,500

2,283

1,615

8851,097

4,6525,000 2,213

0

FY04 FY05 FY06 FY07 FY08

1,000

500

0

FY09

347129

FY04 FY05 FY06 FY07 FY08 FY09

Note1. Standalone Financials

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An INR 20 Billion company listed on “BSE and NSE”

Standing with single landmark project in 1995,Today 313 projects later,Sobha is brand trusted for PERFECTION.

Recognized with over 98 awards by institutions of repute.

The backward integration model is one of the key competitive strengths of Sobha.

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Strong Execution Track Record

Real Estate Development

Sobha Daffodil - Bangalore Sobha Iris - Bangalore

Sobha Mayflower - Bangalore

Sobha Sunflower - Bangalore

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Strong Execution Track Record

Contractual Projects

Infosys Food Court - Bangalore

Geodesic Dome Multiplex - Mysore

Infosys GEC 2, Mysore

Infosys SDB 3, Pune

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Why Sobha?

Strong SouthIndia Presence

and BrandRobust OrganizationStructure and Strong

Management Team

Land Banksubstantially paid

for

High Cash FlowVisibility

Equity ProvenExecution

Capabilities

Focus onResidential

Projects

Strong Pipeline ofOngoing and

Forthcoming Projects

SOBHA: Well poised to take advantage of the revival in the Indian Real Estate market

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Careers

They employ over 3000 employees and have a full-fledged academy which imparts training on different technical and behavioral aspects.

They consider employees as their core strength and respect hard work, knowledge and commitment. The company's evolving culture and value system provides an ideal platform for employees to perform and grow.

The company's human resource policies and benefit programs are designed to attract and retain the best talent. The organization endeavors to provide job opportunities across different disciplines and functions, depending upon company needs and professional competencies of the aspirants.

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1. RECRUITMENT POLICY

1.1 Selection Policy

i) Each new employee shall be chosen carefully not only for his

ability to handle the immediate opening but also with a view to his

suitability for advancement and also taking into account other

attributes like maturity, being a team player etc.

ii) Recruitment in SOBHA Group is a merit based program and the

requirements of the job and suitability of the candidate alone shall be

the determining factor in the selection and placement of applicants.

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iii) Candidates should be assessed not only for their technical / professional competence, experience and knowledge demanded by the job, but also due weightage shall be given for the personal attributes and qualities of head and heart required to be well adjusted citizens of SOBHA Group, as also to have career progression.

iv) No individual under the age of 18 years shall be employed in any capacity.

v) There shall be no discrimination with regard to gender, religion, language, region, etc. except as determined by the requirements of the job. It will encourage persons with disability to take upresponsibility if they are competent to meet the requirement of the job.

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1.2 Resourcing

The following sources of recruitment may be used

i) Web based recruitment

ii) Existing database iii) Recruitment advertisements

iv) Placement agencies v) Campus recruitment

vi) Employee referrals

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2. CHANGE IN EMPLOYMENT STATUS

2.1 TRANSFERS In line with the exigencies of business, it will sometimes be necessary to move

people from one location / department to another. Any proposed transfers must be discussed, in the first instance, between the

Departmental Managers and the Executive Directors. This position may then be offered to the person concerned, and, if accepted, the

Human Resources Manager will issue a transfer letter to the employee .

2.2 PROMOTIONS Company believes in providing growth opportunities to internal candidates

first. It also invests its resources in developing internal talent to avail these opportunities . Promotions do recognize the performance in the current job.

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EXIT INTERVIEWS

An exit interview will be conducted before the expiry of the notice period. It will be conducted between the employee and Human Resources Manager / Head - HR. In the case of senior managers above the rank of a General Manager, the interview shall be conducted by Executive Director/MD. The exit interview is not a panel interview but a one-to-one interview. The exit interview shall be conducted on or before the last working day of the resigned employee.

3. TERMINATION

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Current Openings

Manager Planning (AM/DM/Manager Planning) (All India) Management Trainee (All India) Engineer Plumbing Design (Bangalore) Project Engineers/Senior Site Engineers/Site Engineers/Billing Engineers (All

India) Site Supervisors (All India) Plant & Machinery Engineers / Supervisors (All India) Planning Engineers / Costing Engineers (All India) Project Managers (All India)

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Manager Planning

Planning

Costing

Quantity surveying

project delivery

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Management trainee Programs

Students of final semester can apply; The candidates should have high levels of energy, possess excellent communication & interpersonal skills, and exhibit a burning desire to excel in their work.

All Management Trainees will undergo two and a half years of intensive training. On completion of the same, the candidates will be put on a fast track growth and will be absorbed as Assistant Project Managers by the Company.

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Project Engineers/Senior Site Engineers/Site Engineers/Billing Engineers

Candidates should be first class graduates in Civil Engineering with 2 to 8 years experience in construction of high-rise buildings.

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Project Managers

They would be in charge of individual projects and responsible for project completion within specified parameters of quality, cost and time.

Candidates should have experience in Advanced Construction Techniques, High-Quality Finishes with good techno-commercial acumen. Candidates with post graduate degree in Construction Management would be preferred.

Candidates should be first class civil engineering graduates below 32 years of age with 5-10 years experience in building construction.

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Planning Engineers / Costing Engineers

Candidates should be extremely bright graduates in civil engineering with 1 to 5 years relevant experience with an aggregate of 70% marks and above preferably with knowledge of MS projects.

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Plant & Machinery Engineers / Supervisors

Candidates should be first class engineering graduates / Diploma holders in Mechanical Engineering below 32 years of age with 2 to 8 years experience in Plant & equipment maintenance in a Construction Company.

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Sobha is an organization where quality meets excellence, technology meets aesthetics and passion meets perfection.

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Vision - Transform the way people perceive 'Quality‘.

Mission - No Short Cuts to Quality.

Philosophy - Passion at Work.

Conclusion

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THANK YOU