Professional Documents
Culture Documents
Section A Group 5
Section A Group 5
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HRM IN IT INDUSTRY
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HRM IN IT INDUSTRY
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HRM IN IT INDUSTRY
HRM IN IT SECTOR
- A STATUS REPORT
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CONTENTS
ACKNOWLEDGMENT............................................................................................................6
INTRODUCTION......................................................................................................................7
PERFORMANCE APPRAISAL...............................................................................................9
HR CHALLENGES IN IT SECTOR.......................................................................................10
SALESFORCE:........................................................................................................................12
CONCLUSION........................................................................................................................23
REFERENCES.........................................................................................................................24
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ACKNOWLEDGMENT
Presentation, Inspiration and Motivation have always played a key role in the success of
every venture.
This Project report was made successful with constant effort and coordination by team
members of group 5.
We want to thank Dr Mousumi Sengupta, who gave us the opportunity to work on this
wonderful project report and allow us to discover and enhance our abilities. Without her,
we would not have been able to complete the Project Report successfully.
The store of knowledge we gained from regular lectures and our experience while
working on the numerous case studies was key in making the report possible. We are
wholeheartedly thankful to Ma'am for her invaluable Insights during lectures and reviews
provided on case studies, it undoubtedly guided us and helped us improve, so we can
become better with each project. Your contribution to our learning is invaluable.
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HRM IN IT INDUSTRY
INTRODUCTION
The Information Technology (IT) department in India holds the distinction of progressing the
country into the new-age economy. The development energy accomplished by the overall
economy can be owed to the IT division, very much upheld by a changed strategy system
with decrease in media transmission cost. India today is the world chief in IT and business
redistribution. Correspondingly, the industry’s contribution to India’s GDP has advanced
altogether throughout the duration of time. Since 2001 the sector growth rate has increased at
an annual rate of 28%. The Information Technology (IT) has set up their excellence in cost
advantage, availability of skilled labour and by providing best service globally.
The IT zone in India holds the difference of advancing the nation into the new-age economy.
Since 2001, the annual growth of the sector has been 10% P.A. When it comes to the rapidly
growing IT industry, the researchers need to pause and adapt with the HR policies and
practices from time to time. This study is an attempt to understand & analyse the HR
practices in the IT sector. This study will also be helpful to identify some of the best HR
practices in the IT sector. The study identifies HR practices of prominent IT companies in
India, namely Salesforce, TCS and L&T.
HRM policies
HRM selection process (employment agency)
Employee turnover (statistics)
Compensation and appraisal
Promotion
Training and development of employees
Grievance redressal.
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While Hussain and Ahmad (2012) considered HRM to be a system that attempts to realize an
active balance between the personal interests of people and their economic added value.
Lastly, Burma (2014) viewed HRM is a strategic and clear approach for the organization’s
most valued assets behind on the employees.
However, it is an important instrument that a company can utilise to attain its long-term
objectives. Employees are trained as part of an agreement to uphold the company's culture as
well as to be productive, which leads to rewards and recognition. Training is especially vital
for employee performance because the skills learned during training will be a big part of an
employee's life cycle in the company.
Training as a tool will assist an employee in improving his or her knowledge and technical
abilities, as well as his or her performance in the workplace. Employees are more likely to
participate in organised projects, support programmes that will develop the organisation, and
do their utmost to ensure that organisational goals are met when they receive training. It will
be much easier for businesses to fulfil their objectives if their personnel are properly taught.
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PERFORMANCE APPRAISAL
Organizations use performance appraisal to evaluate employees' efforts in order to reward
them for their efforts. Employee administrative performance has been proven to have both a
direct and indirect effect on performance appraisal, and feedback collected from performance
appraisal activities, which are normally undertaken at least once a year, can help to enhance
administrative procedures (Collins and Clark, 2003).
All processes used to evaluate the personality, performance, and potential of a group's
members are referred to as PA. It is the process of gathering, assessing, and recording
information regarding an employee's relative worth.
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HR CHALLENGES IN IT SECTOR
There's a push for HR managers to become transformational leaders who generate
competitive advantages in IT, where success is frequently characterised by continual
innovation. In fact, most of the HR executives in the tech sector feel their roles are becoming
more strategic. Learning how to solve the greatest HR problems in the IT business is a part of
being more strategic. Some of the most pressing issues are:
Recruiting top talents: Tech businesses were only able to hire six applicants for every
10 open tech roles. While we are yet to witness the long-term consequences of the
COVID-19 pandemic on recruiting in the tech business, making your organisation
stand out among the rest is still vital to hiring the top applicants.
Solution:
Top tech applicants typically seek to relate their professions to a greater benefit.
Earning a big pay is wonderful, but their work should have a wider impact. Psychologist,
educator, author, and noble woman Wendy Ulriche explains, meaning is created when there
is a link between what a person values and what they spend their time doing. This connection,
though, isn't always clear. Employees and candidates may build that connection with their
work with the support of leaders, particularly HR executives.
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SALESFORCE:
Recruiting candidates and selecting the best ones to come and work for the company is a key
HR responsibility.
As we call employees the human capital. It’s the role of the HR team to identify the suitable
resource for the company. The process:
Recruitment:
Request to hire a new employee is raised by the team manager/hiring manager
Understanding the requirement and drafting the JD
Identifying the right option to source candidates from and start the job advertisement
Internal resources: bench resources, IJPs, Employee Reference
External Source: Job Portals, LinkedIn, GitHub.
Selection:
Conducting the preliminary screening round: In Person call or Robotic interview
Identifying the candidates who match the basic criteria such as, Budget for the Job
role, Availability of the candidate, Skill set matching. And select/Reject candidates
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Schedule interviews with the interviewing panel to move with the selection process
Do a HR interview for the selected candidates?
CTC negotiation and offer roll out
Ideally, the HR function does not end here.
They also make sure the offered candidates are on boarded and the on boarded employees get
an Induction and are ready to start with the team.
Salesforce's number of employees worldwide from 2015 to 2021 fiscal year.
Performance Management:
Usually, companies work with various cycles in managing the performance of the
employees. Planning, monitoring, reviewing, and rewarding staff performance are all part
of this process. Employees can be classified as high vs. poor performers and high vs. low
potentials as a result of this approach.
This company follows a quarterly performance review and annual performance appraisal
system.
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Employment Roadmap
This is an effort to retain the good performers in the company. It the responsibility of the HR
to frame a policy and organization structure in such a way that the employees see a career
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growth (skills, designation, responsibility) in the company and Thus can retain employees for
a long run.
Framing HR policies:
Leave Policy, which is beneficial to the employees (31 days of Pain annual leaves,
Maternity leave, Marriage leave, Parental leave, General Holidays)
Work from Home policy
Safety work- place policy
POSH policy
Performance Review policy
Privacy of Information Policy
Employee Motivation:
Both Monetary and No monetary benefits are required.
Monetary: Annual performance appraisal, performance bonus, reimbursement of skill
certification, PF, Gratuity, Sodexo
Non-Monetary: Career growth plan, Recognition (spot awards), Insurance policies,
flexible work environment, Team outings, transparent communication, open door
system
Background Verification:
This is a function which the HR handles to make sure the employees hired in any
company are not fraudulent. Either an internal verification or a third party verification
is done on the basis of verification of the individual's information, verification of the
candidate's references, and determination of whether the candidate has any criminal or
civil records.
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Tata Consultancy Services Limited (TCS) is a wholly owned part of the Tata Group, an
Indian information technology consulting and business solutions firm with 149 offices in 46
countries. TCS Limited began as a subsidiary of Tata Sons Limited in 1968. TCS is the
world's largest IT services business by market capitalization ($200 billion) as of February
2021.
TCS Limited commenced as a subsidiary of Tata Sons Limited in 1968. TCS is the world's biggest IT
offerings enterprise via way of means of marketplace capitalization ($two hundred billion) as of February
2021.
Recruitment
TCS recruits at all levels, including entry-level and varied degrees of experience. TCS’ key
partners are Academic institutes. This enables them to hire young brains which in turn will
bring out lot of creativity. TCS follows a basic way of selecting its employees it has four
rounds in selection process. They are: -
Written test.
Quantitative Aptitude Test.
Programming Language Test.
Coding Round.
E-mail writing.
Technical Round.
Managerial Round.
HR Round.
Through the increase in digital platform, TCS has been providing opportunities for the
prospective candidates online, for selection process which has made the process of selection
much convenient.
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Number of Employees: -
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Appraisals are primarily based totally on Balanced Scorecard, which tracks the success of personnel
primarily based totally on goals at 4 levels
Financial
Customer
Internal
Learning and growth
Promotion Policies
Management by Objective:
It refers to goal-oriented management, in which performance is assessed against the
achievement of the management's stated objectives.
Psychological Evaluations: These assessments are more concerned with assessing an
employee's future potential than with their prior performance. Its main goal is to
observe behaviours in a series of exercises or job samples.
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Grievance redressal
To make sure that the employees main concerns are addressed, TCS has developed a
specific portal called “Ultimatix”. An employee can visit the portal and raise a
grievance easily. Later, HR will address the grievance and tries to resolve it. Here,
one important thing to note is that the grievance raised will be confidential and only
authorized employees like an HR Manager can review it.
Vision Statement
L&T shall be professionally – managed Indian multinational, committed to total customer
satisfaction and enhancing shareholder value. L&T-ites shall be an innovative,
entrepreneurial and empowered team constantly creating value and attaining global
benchmarks. L&T shall foster a culture of caring, trust and continuous learning while
meeting expectations of employees, stakeholders and society.
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Areas of Innovation
•Environment protection
•Geospatial technology
•Technology to fight covid-19
•Building a safety culture
Onboarding
As part of the onboarding process, all new employees go through an Induction Program,
which is akin to "finishing school" and offers them an overview of the company's scope of
work. Prayag is a programme that helps all Graduate and Post Graduate Trainees adjust to our
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work culture and start delivering right away. The presentation opens with a general review of
L&T's activities and completed projects.
The trainees perform online technical projects, individual assignments, product simulations,
and a range of technical and non-technical activities. In the year 2020, Prayag took on a new
shape, with pandemic-related lockdowns affecting the whole process. We built a one-of-a-
kind, award-winning virtual onboarding programme as part of L&T's commitment to future
"Imagineers." Remote joining, virtual induction, know your leader series, and virtual tours,
for example, were created and executed in a lightning-fast timeframe and are now regarded
best practices.
Training Management
L&T offers a variety of learning and development (L&D) programs to assist our workers
enhance their skills and contribute to the company's success as the digital world evolves.
The following are some of our most significant L&D initiatives:
(iAchieve plus and iAchieve) The iAchieve Series is a series of publications that are intended
to help individuals achieve their goals.
The first and second levels of the scope help an employee prepare for and navigate a seamless
transition to management by offering advice on how to improve leadership abilities.
The iLead Series (Levels 3 and 4) covers the following topics:
It assists first-time leaders (iLead) and managers (iLead Plus) in improving their preparation
and honing their talents in order to lead teams and assume management positions efficiently.
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What Does the Future Hold for Learning and Development in the Digital Age?
The following are some of our main programs aimed at digitalizing learning and
development:
LTI Shoshin School, an online learning platform, was established to equip employees with
world-class content on leadership, technical, and behavioral skills.
• As a microsite inside LTI, the My Career, My Growth project was launched, giving workers
access to all job families, career guides, career paths, competences, and career lectures by
renowned executives. • GET Communication Skills Training, Monthly Behavioral Webinars,
Leadership seminars, and iLead are all held online and utilise technology to the most extent
possible.
Performance Appraisal
L&T Construction employed FAIR performance assessment procedures, which stands for
"Framework for Connecting Appraisal with Incentives and Rewards." Employees were
expected to discuss their key value drivers (KVDs) with their supervisors prior to April 2018,
and to seek their help in finalizing the KVDs in accordance with company demands. In order
to formalize the KVDs and track, monitor, and promote their subordinates' KVDs,
supervisors were obliged to enter the KVDs for the year in the business portal for workers in
Tiers I, II, and III, and so on.
L&T's Performance Management Method (PMS) has used a new performance evaluation
system that does not use the traditional EIP technique since April 2018. A new PMS was
installed that was uniform for all employees, regardless of their degree of responsibility.
According to the company, this was done to eliminate bias and provide all employees a fair
and equal opportunity to be evaluated. The SAP Success Factors' 'My zone' app was used by
the PMS. My zone was designed specifically for PMS patients and was available in a range
of intensities.
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CONCLUSION
Human resource management is one of the most important components in helping businesses
achieve their goals, which are achieved through the HR department's different initiatives. An
effective plan is required to grow human resources and recruit high-capability individuals to
the business; otherwise, monitoring programmes will quickly become stagnant. IT firms use a
range of cutting-edge human resource techniques.
Human resource development should cover a far larger range of activities than training and
should encompass issues such as career advancement and professional development. It should
also provide assistance and a structure for all levels of personnel inside the business to
perform successfully and efficiently. Human resource management, via HR planning and
management of total performance, plays a vital role in attaining corporate goals. We have a
lot of things in this project.
for organisations that play a key role in achieving strategic objectives Performance evaluation
is another aspect of human resource management that helps an organization's personnel
become more efficient. Apart from focusing on an organization's overarching strategic aim,
human capital management is carried out, which includes monitoring and modifying the
organization's human resources policies and processes on a regular basis.
The people component has been very significant for the development of the Indian software
services industry. This project indicates that there is a collection of useful HR practices by IT
companies.
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REFERENCES
[11] https://www.icmrindia.org/
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