Human Resource System and Policies:

The Human resource system of lucky cement plays a critical role in the development and growth
of the company. At lucky cement we form and retain a motivated workforce fully equipped to
steer the company towards achieving its vision and mission through consistent focus on
grooming by the way of training and development in addition to providing them with markets
commensurate compensation packages.
The human resource system of lucky cement is as follows:
Recruiting:
The Company has a demonstrated track record of employing talented human resources across all
its functions, which ensures availability of competent personnel for each department, in terms of
an individual potential, qualification, experience and professional attitude among other factors.
Selection:
The company’s hiring policy is simple to identify, hire and retain the best talent. The company
hires its human resources without any regard to their caste, gender, age, religious, ethnic or
political affiliation etc.
Lucky Cement ensures that its activities do not directly or indirectly violate human rights at any
of Lucky Cements site (e.g. forced labor child labor). As a policy Lucky Cement does not hire
minors as workforce. Lucky cement provides for employment to differently abled persons,
wherever business requirements allow.

 Process of Selection:
Lucky cement receives online application for vacant job positions, these applications are filtered
on the basis of requirements of job description. The individuals who meet the requirement of job
description are short listed and called for the interview where they are asked job related
questions, experiences, past behaviors, the accomplishments and so on. This enables Lucky
Cement to determine the likelihood of a successful fit between the candidates.
To gain a deeper insight on candidate`s skills and capabilities further interviews are conducted.
This is another opportunity for the candidate to acquire a more in depth understanding about
Lucky Cement`s culture, values and endless opportunities. After the second round of interview
the selected candidates are informed that they have been hired.
Succession planning:
Succession planning policy of Lucky Cement Limited transforms existing talent into a competent
workforce capable of occupying future strategic positions. The policy is periodically updated in
line with the company`s requirements and career growth objectives.
At Lucky Cement, succession planning assists in identifying, training and developing high
potential employees to replace critical positions in the organizations especially in the upper
management. With the help of 9-Box performance and potential matrix approach we identify the
best available talent within the company and systematically develop hem for systematic positions
by providing them the opportunities and projects, which help sharpen their people management
and functional skills along with developing their leadership quotient.
Employee development:
We at Lucky Cement Limited firmly believe in the growth of our employees and continuously
focus on the development of our existing talent.
With the assistance of LCL competency framework and training need assessment we offered
numerous soft skill and functional training throughout the year to help our employees to develop
their true potential. To truly offer our employees an array of learning opportunities and to add to
their talent arsenal during the lockdown and WFH scenario we developed a strategic partnership
with “LinkedIn Learning Solutions” and “Soft skills” to offer our employees access to over 8000
+ courses across creative, technology business and social management disciplines.
Personnel system:
Analyzing employee compensation and incentive plans is an ongoing process at Lucky Cement
limited. Salary surveys help us to develop a compensation strategy that is internally equitable
and externally equitable. Lucky Cement provides same opportunities with equal compensation
and benefits to their female employees, which is offered to their male counterparts and promotes
gender and cultural diversity, hiring on merit basis etc.

Employee relations:

Lucky cement is fully committed to developing effective working relationships with all of their
employees and makes efforts to resolve issues that occur while carrying out its business dealings.
The employees of lucky cement limited are satisfied with the working practices of the company.
For instance, it conducts employee surveys to understand and act on needs and wellbeing,
continuous conversations related to new health and safety procedures and personalized
experiences and opportunities for personal and professional growth.
The employees are also satisfied with the salaries that the company offers. This is because it
participates in multiple salary surveys which assist the company to understand market dynamics
better. Lucky Cement also evaluates the effectiveness of employee engagement and
communication and continuously works to improve it.

Human Resource Policies of Lucky Cement:

The HR policies of Lucky Cement are as follows:
Stakeholder Engagement Policy:
• Providing accurate and timely information to all stakeholders.
• Evaluating the effectiveness of stakeholder engagement activities working continuously to
improve engagement performance.
I.T. Governance Policy:
• Engaging stakeholders to establish priorities for technology investment that are aligned with
Company’s goals and objectives  Promoting governance, transparency, accountability and
dialogue about technology that facilitates effective strategy adoption.
• Keeping the I.T. function proactive from an innovation perspective, providing ideas to the
business
• Maximizing return on technology investment with controlled spending, while providing the
company with a coherent and integrated I.T. architecture and management structure
Social and Environmental Responsibility Policy:
• To promote any/all development that has economic, social and environmental implications;
• To promote fair business practices; With the above principles in mind, Lucky Cement is
wholly committed to deliver sustainable products that leave a positive impression on the
society in which we operate and provide maximum benefits for all our stakeholders.
Policy of Safety of Records:
• To ensure back-up of all the relevant, legal administrative, operational and other documents
intellectual property and records in case of any hazard.
• Maintenance of fire-proof vault for the safekeeping of legal documents and conduct training
to deal with fire hazards.