HRM Policies used in Sobha developers
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Transcript of HRM Policies used in Sobha developers
1
SOBHA DEVELOPERS LTD
A SEMINAR ON
K.SNEHA
ROLL
NO;131564
DEPARTMENT OF CIVIL ENGINEERING
National Institute of TechnologyWarangal – 506 004.
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
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’
2
Sobha Developers Ltd., a Rs. 20 billion Company, is one of the fastest growing and only backward integrated real estate players in the country.
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
3
Sobha has made a footprint in 23 cities and 13 states across India.
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
7
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
4
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.
Strong Execution Track Record
Real Estate Development
Sobha Daffodil - Bangalore Sobha Iris - Bangalore
Sobha Mayflower - Bangalore
Sobha Sunflower - Bangalore
5
Strong Execution Track Record
Contractual Projects
Infosys Food Court - Bangalore
Geodesic Dome Multiplex - Mysore
Infosys GEC 2, Mysore
Infosys SDB 3, Pune
6
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
14
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.
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.
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.
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
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.
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
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)
Manager Planning
Planning
Costing
Quantity surveying
project delivery
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.
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.
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.
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.
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.
Sobha is an organization where quality meets excellence, technology meets aesthetics and passion meets perfection.
Vision - Transform the way people perceive 'Quality‘.
Mission - No Short Cuts to Quality.
Philosophy - Passion at Work.
Conclusion
THANK YOU