AN ASSIGNMENT ON

HR PRACTICES IN ESSAR
LTD
NAME: - JAY MAHESH KAPADIA
SY MBA SEM-3 GK046

DATE: - 14TH NOVEMBER, 2016.

SUBJECT: - HUMAN RESOURSE DEPARTMENT

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 ESSAR STEEL

History

The Essar Group was founded in 1969 by brothers Shri Shashi Ruia and Shri Ravi Ruia. The
Essar Group began its operations with the construction of another breakwater in Chennai
port. It quickly moved to capitalization every emerging business opportunity, becoming
Indias first private company to buy a tanker in 1976.In the 1990s, Essar began its
steelmaking business by setting up Indias first sponge iron plant in Hazira, a coastal town in
the western Indian state of Gujarat. The Group went on to build appellate plant in
Visakhapatnam and eventually a fully integrated steel plant in Hazira. The Construction
business helped the Group build most of its business assets. Essar also entered the GSM
telephony business, establishing Indias first mobile phone service in Delhi (branded Essar
Cell phone) with Swiss PTT as the joint venture partner.

ESSAR STEEL Company

Essar Global Limited is a diversified business corporation with a balanced portfolio of assets
in the manufacturing and services sectors of Steel, Energy, Power, Communications,
Shipping Ports& Logistics, and Construction. Essar Global employs over 40,000people
across offices in Asia, Africa, Europe and the Americas. With a firm foothold in India, Essar
Global has been focusing on global expansion with projects/investments in Canada, USA,
Africa, the Middle East, the Caribbean and South East Asia. Privately owned and
professionally managed, Essar is judiciously invested in the commodity, annuity and services
businesses forward and backward integration, state-of-the-art technologies, in-house research
and innovation have made Essar Global a leading player in each of its businesses. Essars
abiding philosophy is to be a low cost, high quality, technology driven group with innovative
customer offerings.

Salient Features of the company

Essar Steel is India's largest exporter of flat steel products
Essar Steel is the largest steel manufacturer on the West Coast of India

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Essar Steel has the first Indian steel plant to receive ISO14001 award for environment
management and ISO 9002 for the entire plant operations

Vision And Mission of the company

Vision
We will be a respected global entrepreneur, through the power of Positive Action.

Mission
We are committed to innovative growth, through our personal passion, reinforced by a
professional mindset, creating value for all those we touch

Beyond business Essars Policy

The Essar Group is both a people-driven and people-centric organization. It understands the
value that people deliver in the making of a great company. The Groups spirited involvement
in community service is inspired by these beliefs. The Groups ethos on social responsibility
focuses on not just taking care of its own employees but enabling and enriching the
communitys around the areas where its plants are located. In addition, the Group has been at
the forefront in rendering aid and assistance by way of donations as well as relief supplies in
times of national calamities, such as the Tsunami, earthquakes and floods.

Human Resource Polices of the Company

At the Essar Group, we believe that excellent individuals build excellent companies. And by
transforming each employee into a highly motivated, satisfied and productive team member,
we will create an outstanding organization. We also understand that each individual has
unique talents and expectations from the organization. Based on those principles, human
resources development at Essar is customized, flexible and well planned. Every Essar
employee is meticulously selected and given the freedom to be innovative, within a work
culture that is non-bureaucratic and result-oriented. We work with employees to develop
personalized and flexible individual plans for career growth, retention and compensation

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within a carefully structured work framework. Through extensive career mapping, we offer a
choice of career paths that could include job rotations across functions and Group
Companies. Essar's wide range of businesses and exciting pace of growth presents a range of
opportunities and exposure that only a few others can match. The Group has a very serious
commitment to continuous training and development. Our Essar Learning Centre provides
year-round training. Thus, a career with Essar will offer you a unique opportunity to unlock
your own potential and realize excellence.

Employees Motivation
The underlying objectives of Essars activities is to motivate employees to participate in and
contribute to the activities initiated by the Community Relations Centre, to create self-help
groups for village women, to further overall development of children and women, and to
spread awareness about AIDS and de-addiction.

Essars key focus areas

Essar has outlined seven focus areas where employee involvement can make a difference to
the lives of the community:
Education
Self-employment
Training
Infrastructure development
Medical
Health & hygiene
Recreation and welfare

Essars policy for the People who related with the company

People, our most valuable assets At Essar, we understand that excellent people deserve
excellent people practices. That's why we design our human resource initiatives such that
they unlock the full potential of every employee.
Recruitments

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 We welcome talented college graduates. We are a preferred employer at India's top
engineering and business schools because we offer competitive compensation, diverse
opportunities interims of business and roles, fast growth and quick assumption
of large responsibilities. For the same reasons, we are able to attract the best and the
brightest talent at all levels.
Campus Programs
The Essar group has a strong emphasis on hiring at the entry level, to create a pool of
talented employees who are developed and groomed to grow with the group. At the
entry level, the group hires mainly through two types of programmes
Management trainee programmes
Graduate trainee programmes
Business leadership programmes

Management trainee programmes

Through the management trainee programmes, Essar hires postgraduate management
students from top ranking business schools throughout India. Trainees are initially hired as a
group resource for a range of functions such as marketing, finance, human resources and
operations. Essar makes selections between December and February, through a rigorous
selection process. Selected candidates then go through a comprehensive one-month induction
programme, which includes classroom sessions, an introduction to all the group companies,
plants and corporate functions, and a six-day executive leadership camp at the Essar Learning
Centre. Soon after the induction, in an interview with corporate human resources each trainee
has the opportunity to discuss mutual expectations, a career map and the group company and
assignment that he or she will be posted to. Trainees are confirmed after completing the one-
year management trainee programmes. Depending on their capabilities, management trainees
can usually look forward to a faster career track, an expanded role and eventually, a
leadership position within the organization.

Graduate trainee programmes

The Essar group prides itself on using global-scale, world-class technology in all its
companies. To maintain our technical edge, the group hires engineer trainees annually
between August and January. Essar hires graduate engineer trainees (GETs) from the IITs and

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the top-ranking regional engineering colleges across the country and diploma
engineer trainees (DETs) from the best polytechnics in Gujarat, Andhra Pradesh and Tamil
Nadu and other

Employees with a proven track record of high performance and potential are identified
annually through a fast-track programme devaluated by a top management panel. These
achievers are rewarded with top-of-the-market compensation, retention bonuses and relevant
training inputs.

Training and Development

Essar has a very serious commitment to continuous training and development. Our world-
class Essar Learning Centre provides year-round training. We provide numerous resources for
self-assessment and development. Thus, a career with the Essar group offers a unique
opportunity to unlock your own potential and realize excellence .Continuous opportunities for
development and growth - thats the firm commitment that Essar makes to every single
employee. The Essar group is one of Indias largest spenders on continuous training,
investing about Rs. 1.4 crore (US$ 3 m) annually. Essar Learning Centre (ELC) at Hazira,
Gujarat has emerged as one of Indias foremost training facilities, training 2,000-odd people a
year through 7,000 man days of training. Being a dedicated facility, the ELC allows us to
design tailor-made and flexible programmes, so that training at Essar is always relevant and
customized both to business needs and the needs of the individual. Our programmes cover a
wide range of technical, functional and behavioral training, from materials management toe-
commerce procurement to transformational leadership and communication and negotiation
skills. Our faculty includes the best of experts and practicing managers. Since we believe in
imparting managerial & behavioral training, we also include a number of non-business
modules like corporate etiquette or parenting skills. The ELC also has extensive resources for
self-development such as a business library of books and audiovisual material. Thus, we
support and encourage all Essar employees to develop them to the fullest.

Executives Leadership Camp(ELC)

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The Executive Leadership Camp (ELC) is a six-day residential programmes held at the Essar
Learning Centre at Hazira, Gujarat. This comprehensive programmes transforms junior
management employees into effective business executives.
Features of the camp
Participants in this holistic programme begin their day with yoga. Throughout the camp, they
learn more about Essar's key values and culture through modules like quality & customer
orientation, Essar leadership values, organizational & behavioral etiquette, a value meet and
a plant visit. They learn how to become part of the organization team through modules like
self-awareness and interpersonal relationship, conflict management, group dynamics and
team building, leadership & leadership styles & followership. The programme also builds
their personal management skills by teaching useful skills like assertive skills, time
management and presentation skills. A fun outbound module allows them to reinforce and use
skills like teamwork or strategic thinking through specially designed outdoor games and
activities such as a treasure hunt or rappelling.

Management Development Programme (MDP)

The Management Development Programme (MDP) is a six-day residential programmes that
aims to prepare middle management Executives for newer roles in a changing environment.
The MD Phelps make middle managers active and effective participants in organizational
processes like planning, implementation and decision-making.
Features of the Camp
After beginning their day with yoga, participants learn how to contribute to organizational
growth and excellence through modules like Essar leadership values, quality (kaizen),
customer satisfaction, striving for excellence, cost reduction and continuous improvement.
They learn how to be effective managers with modules like the role of a manger in the
present scenario, performance management, goal setting, team building, people development,
conflict management and counseling skills. The programmes enhances their personal
management skills by teaching segments like self-awareness, leadership, assertive skills,
motivation, integrity/personal values, negotiation skills and corporate etiquette. A fun two-
day outbound module allows the mto reinforce and use skills like teamwork or strategic
thinking through specially designed outdoor games and activities such as a treasure hunt or
rappelling.