Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 24

HRM IN IT INDUSTRY

1
HRM IN IT INDUSTRY

2
HRM IN IT INDUSTRY

3
HRM IN IT INDUSTRY

HRM IN IT SECTOR
- A STATUS REPORT

SECTION “A” - GROUP 5


NARENDRA SANDIPAN PATIL 21029
P K ANIRUDH 21030
PAVAN KUMAR VISHWAKARMA 21031
PRACHITHA S JAIN 21032
PRATIKSHA MURTHY 21033
PRIYANKA MORE 21034
R VARSHINI 21035
20TH SEP 2021

SUBMITTED TO: DR. MOUSUMI SENGUPTA

4
HRM IN IT INDUSTRY

CONTENTS

ACKNOWLEDGMENT............................................................................................................6

INTRODUCTION......................................................................................................................7

LITERATURE REVIEW ON HRM AND IT SECTOR...........................................................8

LITERATURE REVIEW IN HRM:..........................................................................................8

LITERATURE REVIEW ON HRM IN IT SECTOR...............................................................8

TRAINING AND EMPLOYEE DEVELOPMENT..................................................................8

PLANNING PROCESS AND DEVELOPMENT.....................................................................9

PERFORMANCE APPRAISAL...............................................................................................9

HR IN RECRUITMENT AND TRAINING..............................................................................9

HR CHALLENGES IN IT SECTOR.......................................................................................10

SALESFORCE:........................................................................................................................12

TATA CONSULTANCY SERVICES (TCS).........................................................................16

LARSEN AND TOUBRO.......................................................................................................19

CONCLUSION........................................................................................................................23

REFERENCES.........................................................................................................................24

5
HRM IN IT INDUSTRY

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.

6
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 world of Human Resources is rapidly changing. HRD is increasingly driven by


technology, customer demands, employee needs along with intense competition. This
indicates that organisations which fail to measure the qualitative areas of their business and
human resources effectively, will lose a competitive edge. HR nowadays is one of the major
contributors towards achieving business outcomes and solving organizational issues.

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.

Scope of the study

Our study covers the following:

 HRM policies
 HRM selection process (employment agency)
 Employee turnover (statistics)
 Compensation and appraisal
 Promotion
 Training and development of employees
 Grievance redressal.

7
HRM IN IT INDUSTRY

LITERATURE REVIEW ON HRM AND IT SECTOR

LITERATURE REVIEW IN HRM:


Human resource management (HRM) encompasses all management choices and procedures
that affect an organization's employees (Bhatt and Reddy, 2011). Human resource
management has been defined in a variety of ways by various academics. HRM, according to
Daud (2006), is a structure, policy, and practises that can affect people who work in an
organisation. In addition, Shahnawaz and Juyal (2006) defined Human resources
management (HRM) as all decisions and practice that influence worker within
organizations. De Cieri, et al. (2008, p.5) explained HRM as “the policies, practices and
systems that influence employees' behavior”.

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.

LITERATURE REVIEW ON HRM IN IT SECTOR

TRAINING AND EMPLOYEE DEVELOPMENT.


Training is done to bring about change by introducing a new employee to the company's
culture. It entails new employees learning new skills or refining existing ones in order to
accomplish organisational change. Training alone is insufficient to motivate 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.

8
HRM IN IT INDUSTRY

PLANNING PROCESS AND DEVELOPMENT


An approach to expatriates in the human resources management process
The direction of human talent that makes up the organisation is referred to as human
resources management. "It is the administrative role in which managers recruit, select, train,
and develop the organization's members."
An analysis is undertaken as part of the HR planning process, and it includes variables such
as current and future individual demands, possible openings, developments, and acquisitions.
Similarly, the external company must be examined in obtain a better grasp of the labour
market in general, as well as the medium and long-term needs.
When building human resources, it's vital to think about the traits that today's corporate
templates, which are often made up of three layers.
1.fixedworkers
2. temporary workers
3. Outsourcing

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.

HR IN RECRUITMENT AND TRAINING


Recruitment is among HRM's most important duties. It aids the hiring manager in recruiting
and selecting the top candidates for the company. Recruitment comes before selection and
help in the selection of the best candidate for the position. Objectives are:
 To analyse the hiring and selecting process.
 To identify issues with the recruitment and selection process.
 To learn about the many recruitment techniques applied by the IT industry.
 To gain an understanding of employee satisfaction with IT company recruitment
and selection procedures.
 To understand the various stages of the IT company's recruitment and selection
process.

9
HRM IN IT INDUSTRY

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.

 Preparing for AI:


Most of HR executives believe they play a leading or supporting role in AI activities. HR
professionals must develop ways to combine human innovation with machine learning when
AI is implemented in the workplace. Integrating AI requires a thorough examination of how
employees' jobs will change in the coming years as a result of new technology. Employers
may better prepare their workers and remain competitive by doing so.
 Solution: Employers should begin planning for this shift as soon as possible because
AI will bring numerous growing pains and unknowns. Before AI is fully integrated
into the company's day-to-day operations, they'll need plenty of time to experiment,
learn, iterate, and improve. Examining how teams are currently carrying out their
responsibilities. This can assist you in determining where AI can assist you. To get
suggestions and feedback, you can send out surveys and have direct talks with
employees.

10
HRM IN IT INDUSTRY

 Maintaining Cutting-Edge Skills Amid Generational Divides.


By 2022, at least 54% of all employees will require new digital skills training. Furthermore,
according to the same KPMG analysis, leaders of different generations take different
approaches to this issue. While millennial leaders believe that reskilling existing employees is
just as important as hiring new ones, most older leaders say that hiring new and already
skilled individuals is more effective. These divergent viewpoints can lead to friction and
opposition among employees, making it difficult to move the organisation forward.
 Solution: HR managers can assist their firms in determining the optimal strategy for
their specific needs. Begin by analysing the pros and cons of both reskilling and
hiring new personnel, then collecting data over time to determine which path gives the
optimal growth and ROI.

11
HRM IN IT INDUSTRY

SALESFORCE:

Salesforce.com, Inc. is a cloud-based software firm. It offers customer relationship


management (CRM) services as well as a portfolio of enterprise tools for customer support,
marketing automation, analytics, and application development.Salesforce's services enable
organizations to effectively engage with customers, partners, and future customers by
implementing cloud technology. Salesforce released a blockchain platform based on
Blockchains Sawtooth in May 2019 to make it easier to build blockchain networks and apps
that interface with CRM. Salesforce was named second on Fortune magazine's "100 Best
Companies to Work For" list in 2021, based on an employee satisfaction survey.

 Recruitment & selection:

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

12
HRM IN IT INDUSTRY

 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.

 Process- Performance review:


 At the beginning of every year, the team manager/project manager talks to the
teammates and define the KRAs for the year
 The employees in every quarter, does a self-assessment of these KRAs. To which the
manager also gives a review
 A 360-degree feedback is collected every quarter and the reviews of it is shared with
each individual.

13
HRM IN IT INDUSTRY

 Process- Performance appraisal:


 The HR Team starts preparing for the performance appraisal, at least 3 months in
prior, starting with understanding the current market pay trends
 Budgeting the budget level for each of the employees in such a way it balances the
pay scale in market and the budget of the company. This is directly related to the
performance of individuals.

 Training & Development:


Many organisations have set aside funds for learning and development. This budget is
subsequently dispersed among personnel, with trainees, future leaders, and other high
potentials typically receiving more training than others. Individuals with significantly
differing expertise and experience may arrive at a corporation. Employees can use
learning and development to bridge skill gaps and grow into leaders.
 Process:
New Project:
Understanding the compnay/project skill need
Identifying the gap in employee skill set and needed skillset
Draft the training program. Here the training is usually done on the job and the
materials and sources are updated to the people
Keeping a check on the progress
Evaluation
Under Performer:
Once the HR receives a red flag from the team manager about the performance of any
employee, The HR needs to draft a PIP for the underperforming employees.
Such employees need to be discussed with and notify them about their enrolment for
the PIP(Performance Improvement Plan) and if they fail to make an improvement, it
may lead to termination of employment.

 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

14
HRM IN IT INDUSTRY

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

 Human Resource Information Management:


 Master data management – all personal and past employment details of employees
 Organizational management, such as positions and departments, Compensation,
training details, employee track record

 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.

15
HRM IN IT INDUSTRY

TATA CONSULTANCY SERVICES (TCS)

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.

16
HRM IN IT INDUSTRY

 TCS Digital Recruitment Pattern

 TCS digital online test


 Quantitative aptitude
 Advance coding
 Technical Interview
 HR Interview
 Recruitment agencies
 Educational institutions.
 Job Consultancy.
 Job recruitment websites.
 Company notification in its website.

Number of Employees: -

We can see that in year 2005 the company


had around 45714 employees. In the year
2020 it has provided employment to more
than 448000 people globally. Around
36.2% are women. The company recruits
the best workforce and makes sure to retain
them by providing regular training and
development along with attractive
incentives. This helps in employee’s carrier
growth. One interesting fact about TCS is that it is generally interested to take in workforce
which is predominantly young. So, the average age of an employee working in TCS is 29.7
years.

 Compensation and Appraisal

 We found that TCS is a performance-oriented company. Therefore, it motivates and


supports its employees to create a healthy competitive environment. TCS
compensates the employees based on economic value added (EVA) model. In this
model, the employee’s salary consists of two elements, which are fixed and variable.
 Employee initiates appraisal process in Ultimatix. Later a goal sheet is filled, and the
process will be initiated. After initiation from employee’s end, the team manager will
verify, rate and approves it. The process is further taken forward by the HR and final

17
HRM IN IT INDUSTRY

rating will be given to the employee for that particular year.


 TCS conducts two appraisals: -
 At the end of the year
 At the end of a project.

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.

 Training and Development


Training programs are provided to new TCS recruits which helps them to understand their
roles and responsibilities in the organization and aims at helping the employee accustom to
the organization culture. There are various programs for development of employees at TCS,
some of them are as follows:

 One effective Training program at TCS is Initial Learning Program. It aims at


developing employees into software professionals.
 The TCS Ignite program creates a skilled resource team for the IT industry. TCS
Ignite is an intense learning program for employees.
 Aspire is another platform for employees to develop their skills. The course contains
modules related to IT skills, Programming Fundamentals and Databases. Since it is an
online course, employees can learn required skills at a pace they are comfortable.
 Ambassador Corp is another such training program which helps in leadership
development. It focusses on communication skills. In addition, it also helps
employees to deal with cultural diversity.

18
HRM IN IT INDUSTRY

 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.

LARSEN AND TOUBRO

Larsen & Toubro is a global corporation headquartered in India that specialises in


engineering, procurement, and building projects, as well as high-tech manufacturing and
services. It has operations in more than 50 countries across the world. Because of a strong,
customer-focused strategy and a never-ending pursuit of world-class quality, L&T has been
able to establish and retain leadership in its major areas of business for over eight decades.
We operate in key, high-impact sectors of the economy, and our combined talents span the
whole spectrum of "concept to delivery." All of L&T's actions are based on professionalism
and strong corporate governance principles.

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.

19
HRM IN IT INDUSTRY

Awards and Recognition


• L&T won the HR Excellence Award
• L&T received the Shining Star Award
• L&T's Integrated Report was chosen the winner of the Social and Business Enterprise
Responsible Award.

Areas of Innovation
•Environment protection
•Geospatial technology
•Technology to fight covid-19
•Building a safety culture

Key Functions of HRM


 Talent Hiring
The Women's Career Renewal Initiative (WCRI) is a programme that attempts to assist
women in reclaiming their careers.
L&T's strong conviction in diversity and equal professional opportunities for all led to the
creation of the "Renew" initiative. Its objective is to give women professionals a place to
return to work after a gap.
Methodology of Selection: Those interested should complete an application and submit a
copy of their most recent resume.
Internal screening: All resumes will be submitted to an internal screening procedure.
Following this procedure, resumes will be shared with relevant departments (this is subject to
vacancies in the respective department at a given point in time)
Candidates who have been chosen for a phone interview will get a call.
Candidates who pass the first round of interviews will be invited to a second round of
interviews with the relevant Hiring Manager and Department Head.

 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

20
HRM IN IT INDUSTRY

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.

Communication Skills Training Program for Graduate Engineer Trainees (GET):


This eight-week programme focuses on a range of behavioral and communication skills to
assist new employees in making a smooth transition from education to work. There have been
16 batches since June 2020, totaling about 2,200 workers and 70,000+ learning hours.
Talent Centre is an AI-powered platform that uses domain intelligence to assist with talent
recruitment, retention, and development.
Freshmen induction into the L&D programme in FY2021: We have a variety of learning and
development programs in place to assist new recruits in becoming ready for the job.
We've chosen to take a number of additional steps in response to the pandemic danger,
including:
• Virtual learning will begin in April 2020, allowing new recruits to learn from home.

21
HRM IN IT INDUSTRY

• All trainers got necessary codility certificates prior to deployment.


• Added top-up trainings to help learners bill in half the time by using innovative project-
based learning.
• Using a Learning Before Joining Program, Mock Client Interviews, SME interactions, and
Hands-On experience in a virtual lab setting, trainees were able to learn more efficiently.

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.

22
HRM IN IT INDUSTRY

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.

examined distinctive roles of HRM in a chosen organization (L&T INFOTECH,


SALESFORCE and TCS). Human Resource Management is not restricted to HR planning
and decision making. All the way through training, recruitment and development it picks out
the employees best suitable

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.

23
HRM IN IT INDUSTRY

REFERENCES

[1] Sumita, Interviewee, [Interview]. 8 October 2020.

[2] S. MB, Interviewee, [Interview]. 30 September 2020.

[3] E. Mazareanu, “www.statista.com,” May 2020. [Online]. Available:


https://www.statista.com/statistics/328244/tcs-employees-numbers [Accessed October
2020].

[4] S. Pandey, “fdocuments.com,” 7 July 2018. [Online]. Available:


https://fdocuments.in/document/hrm-policies-of-tcs-and-pantaloons.html.

[5] “www.tcs.com,” 31 March 2017. [Online]. Available: https://www.tcs.com/nurturing-


human-capital.

[6] K. G, Interviewee, [Interview]. 11 September 2020.

[7] “Wikipedia,” [Online]. [Accessed October 2020].

[8] Beth Jenkins, March 9, 2021. [online] Available: https://www.bamboohr.com/blog/hr-


challenges-tech-industry/

[9] S Ramaswamy, 2016 [online].


Available:http://www.shanlaxjournals.in/pdf/ASH/V3N3/Ash_V3_N3_005.pdf

[10] Company website, https://www.larsentoubro.com/

[11] https://www.icmrindia.org/

24

You might also like