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A STUDY ON PERFORMANCE APPRAISAL AT

ASHLEY ALTEAMS INDIA Ltd ,Chellaperumpulimedu,Sipcot Industrial Park,Vembakkam

Submitted By

PUGAZHENDHI K

Under guidance of

Mr.V.VIJAYSWAMINATHAN.M.B.A.,

Facutly of Master of Business Administration

In Partial Fulfillment of the Requirments

For the Award of the degree

Of

MASTER OF BUSINESS ADMINISTRATION

IN

HUMAN RESOURCE

ANNA UNIVERSITY

AUGUST-2022
BONAFIDE CERTIFICATE

This is to certify that the Report on summer internship undergone at ASHLEY

ALTEAMS INDIA Ltd is the bonafide work of MR.K. PUGAZHENDHI (REG


no.513221631037) is a record of original work done by him. Certified further, that to the best
of my knowledge the work reported here in does not form part of any other report on the
basis of which a degree or award was conferred on an earlier occasion on this or any other
candidate.

MR.V.VIJAYSWAMINATHAN , MBA MS.K. JANANI, MBA,

HEAD OF THE DEPARTMENT ASSISTANCE PROFESSOR

P.G Department of management studies P.G Department of

Thirumalai Engineering College Thirumalai Engineering College

Kilambi Kilambi

Kanchipuram-631551 Kanchipuram-631551
DECLARATION

I ,PUGAZHENDHI K,II year MBA student of THIRUMALAI ENGINEERING


COLLEGE Kilambi,Kanchipuram, hereby declare that the Report on summer internship
undergone at ASHLEY ALTEAMS INDIA Ltd submitted for the M.B.A. Course Under
ANNA UNIVERSITY is my original work under the guidance of
Mr.V.VIJAYSWAMINATHAN Assistant Professor, Department of Management Studies
Thirumalai Engineering College ,Kilambi,Kanchipuram

Place:

Date: PUGAZHENDHI K
ACKNOWLEDGEMENT

First of all I thank our principal, Mr.MOHANRAJ,M.E,who gave me permission to do myfield


work activities.

I thank Mr.V.VIJAYSWAMINATHAN M.B.A head of department


of management Studies for his encouragement and motivation.

I extend my thanks to Mrs. M.NISHANTHI Assistant Professor of department of management studies


for providing support and guidance.

I am thankful to Ms.SUDHA Managing Partner, ASHLEY ALTEAMS INDIA Ltd for


giving me the opportunity to undertake the training program.
ABSTRACT

This report provides an understanding of the organizational culture of various departments in


ASHLEY ALTEAMS INDIA LTD Chellaperuvilimedu,. The Training consisting of a period of 31
days from 22.09.2022 t0 22.10.2022 has provided with an overview of the skills needed to develop
personality. It has also provided with an opportunity to get exposed to the real time problems
happening in the company and the way to resolve the issue.
TABLE OF CONTENT

PAGE
CHAPTER TITLE
NO

1 INTRODUCTION 01

2 Introduction of the topic 02

3 COMPANY profile 03

4 QUALITY control circle & Awards 04

5
Family meet 05

6 Customer Feedback 06

7 Environment & Manufacturing 07


Infrastructure & Facilities
8 08

Company Quantity Products 10


9

10 Appreciation & Awards 12

11 About AS 13

12 Position for continued Growth 14

13 Ashley Alteams Salary Catagory 18


14 Observation & DepartmentDepartments HR 20

15 Finance & AccountAccounts Department 21

16 Why Ashley Alteams & SurfaceCoating 22

17 Qc Facilities 23

18 Machine & Assembly 26

19 Production Planning Department 27

20 Manitance Department 28

21 Technology 30

22 Performance Appraisal 32

23 Research Design 40

24 Methods of Data Collection 41

25 Conclusion
INTRODUCTION

Definition:Ashley Alteams India Limited is a 50:50 Joint Venture between Ashok


Leyland Ltd India and Alteams OY, Finland. Ashley Alteams is a leading foundry for
automotive (India) and Telecom (India and Alteams group) and be the ‘First Choice Partner’
to their customers by providing innovative product solutions.
Alteams OY Functional areas/department in organization

1. Personnel/HRManagement
2. FinanciaLManagement.
3. Marketing Management.
4. Production Management.
5.Purchase Management.

Purchase Management is amongst the biggest light cast metal foundries in Europe. The
Alteams OY turnover is around 100 million Euro with production units in Finland, China, India
(Joint venture with AL) & Poland. Alteams OY core business involves manufacturing of cast
light metal components including related services like Design of castings and Tooling as well as
further processing of assembly-ready components. It has a strong customer base in the Telecom,
Automotive, Electronics, Manufacturing and Meditech Industries. Globally, the Group is one of
the biggest supplier of cast light metal components to the communication network industry.
Ashok Leyland Limited (AL) , a flagship of the Hinduja Group is the Second largest
Commercial Vehicle manufacturer in India and Fourth largest manufacturer of buses in the
world and the Sixteenth largest manufacturer of trucks globally.Over 70 million passengers use
their buses to get to their destinations every day while over 700,000 trucks keep the wheels of
economies moving. With the largest fleet of logistics vehicles deployed in the Indian Army and
significant partnerships with armed forces across the globe, they help keep the Indian borders
secure.Headquartered in Chennai, India, their manufacturing footprint spreads across the globe
with 8 plants; including one at Ras Al Khaimah (UAE) and Optare, U.K. (which specializes in
electric buses). Their Joint Venture partners include M/s Nissan Motor Company (Japan) for
Light Commercial Vehicles, M/s John Deere (USA) for Construction Enviroment.

1
COMPANY PROFILE

Ashley Alteams India Limited is an unlisted public company incorporated on 09 October, 2006. It is
classified as a public limited company and is located in Chennai, Tamil Nadu. It's authorized share capital is
INR 155.00 cr and the total paid-up capital is INR 151.90 cr.

Ashley Alteams India Limited's operating revenues range is INR 100 cr - 500 cr for the financial year
ending on 31 March, 2020. It's EBITDA has decreased by -90.79 % over the previous year. At the same
time, it's book networth has decreased by -67.54 %. Other performance and liquidity ratios.

Alteams OY is amongst the biggest light cast metal foundries in Europe. The Alteams OY turnover is
around 100 million Euro with production units in Finland, China, India (Joint venture with AL) & Poland.
Alteams OY core business involves manufacturing of cast light metal components including related services
like Design of castings and Tooling as well as further processing of assembly-ready components. It has a
strong customer base in the Telecom, Automotive, Electronics, Manufacturing and Meditech Industries.
Globally, the Group is one of the biggest supplier of cast light metal components to the communication
network industry.

Ashok Leyland Limited (AL) , a flagship of the Hinduja Group is the Second largest Commercial
Vehicle manufacturer in India and Fourth largest manufacturer of buses in the world and the Sixteenth largest
manufacturer of trucks globally.Over 70 million passengers use their buses to get to their destinations every
day while over 700,000 trucks keep the wheels of economies moving. With the largest fleet of logistics
vehicles deployed in the Indian Army and significant partnerships with armed forces across the globe, they
help keep the Indian borders secure.Headquartered in Chennai, India, their manufacturing footprint spreads
across the globe with 8 plants; including one at Ras Al Khaimah (UAE) and Optare, U.K. (which specializes in
electric buses). Their Joint Venture partners include M/s Nissan Motor Company (Japan) for Light
Commercial Vehicles, M/s John Deere (USA) for Construction Equipment.

In 2007 the joint venture company Ashley Alteams was formed in India. To start with, the JV company
was operating out of a temporary facility near Sriperumbudur and parallelly a world-class high pressure die-
casting facility was set up at Cheyyar, Tamilnadu, which was inaugurated Jan 2010.This state-of-the-art
foundry and machine shop provides complete die-casting solutions with the latest technological expertise and
value engineering to help achieve business goals. Ashley Alteams is strongly backed by European technology

2
and has an annual installed capacity of 8000MT, with the capability to produce high pressure die-casting
components rng from 0.08 Kg to 42 Kg.
news
Die cast for the new Ashley Alteams plant

Quality Control Circle

• QC Circle is a small group of 4 to 8 employees doing similar work who voluntarily meet together on a
regular basis to identify improvements in their respective work areas using proven techniques for
analyzing and solving work related problems coming in the way of achieving and sustaining excellence
leading to mutual upliftment of employees as well as the organization. It is "a way of capturing the
creative and innovative power that lies within the work force"
• QC Circle is applicable to the employees who are at operative level / staff associated with
manufacturing & supportive functions.
• QC Circle Presented by Members and Facilitators are evaluated by our Judges (Management Team).

Awards
• Monthly Best QC Circle is Awarded by CEO in the communication meeting.
• Remaining QC Circles are awarded by CFO / Sr.GM- Marketing / Sr.GM-Operation / GM-HR
• Best QC Circles allowed to participate in external competition.

GEMBA - Daily Work Management

• Daily Work Management (DWM) is the most important aspect by which standards for achieving
“Daily/ Weekly/ Monthly Targets” is keenly planned, developed, maintained, controlled and
improved on an ongoing basis. DWM maintains the lean culture in shop floor & to continue
enhancement in journey.
• Plan-Do-Check-Act (PDCA) is a popular model for continuous improvement, Similarly Standardize-
Do-Check-Act (SDCA) is a standard model for establishing & stabilising products. DWM is a simple
but effective approach to drive PDCA and SDCA for problem solving and managing change.

3
FAMILY MEET

Yearly
Since 2011, Ayudha Pooja Day is organized to create morale amongst the Employees and to evolve attachment
between Employee’s family and the management

Yearly

Since 2011, Ayudha Pooja Day is organized to create morale amongst the Employees and to evolve
attachment between Employee’s family and the management

Weekly

From 2014 Weekly Family Meet is organized which enhances mutual relationship between
Management and Employee, Management and Employee’s family, Employee and Employee. It also helps the
organisation to convey regards and to understand their contribution in organization’s growth. During this
celebration events are conducted to employees and their Spouse and Children. These meetings are one of the
most important tools of Employee Engagement Activities.

Customer Feedback

Deepti Arora

Nokia Solutions & Networks, Chennai.

Date of the visit: September 8th,2016


Useful visit for partner collaboration in continuing to improve the quality and pursue excellence.Very
much enjoyed the factory tour,especially the plating process.I wish Ashley Alteams All the best in their
endeavours to achieve the center of excellent standards.

Vikas Malik , Varjot Singh

Maruthi

4
Date of the visit: September 14th,2016

Nice facility and nice team of people.Good 5s in shop,plating plant also good.Suggestion is to improve
FIFO in FG area & 5s outside plant and backside ground.Best Wishes

P.Kanniappan,MD

WABCO, India

Date of the visit: September 9th,2016

Excellent infrastructure,excellent capabilities,good talent.Best wishes to a great patnership with


WABCO.

Ravindra M.Kulkarni

Cummins India Limited

Date of the visit: September 23rd,2016

Very nice facility and maintanence as per their practice.Very good implementation of the machine
concept,PEEP and safety drive.The entire team is energetic towards the improvement activity and
sustenance.Appreciate the efforts from the top management to drive the cultural changes and bring the
improvements.Wish you & team All the best.

Ashwina Krishnappa

Volvo India Pvt Limited

Date of the visit: October 25th,2016

Very good manufacturing facility.Need to develop business plan to utilize the plant capacity.Good
attitude team willing to take challenges.

Sanjay Mehta

Nokia
5
Date of the visit: December 8th,2016

Excellent operations and facility.Has come a long way to improve the quality to meet Nokia
requirements.Great dedication and hard work from the team under leadership of Mr.Rajagopalan.Looking
forward to more cooperation between the two organizations. All the best.

Mahesh.M

Visteon

Date of the visit: October,2016


Good to see a robust casting production process with a sustainable process.The" My Machine "concept
is impressive and could see a depth involvement of operations.Management commitment and operation for
improvement opportunities is appreciable.

Environment

Integrated Management System Accreditation (IMS)

Ashley Alteams successfully got accreditation of IMS (ISO 14001:2015 & ISO 45001:2018) on
10 January 2022, from KMR , validity up to 09 January 2025

Tool Manufacturing

Alteams Hi-Tech tools: Located in Suzhou, China. Capability to manufacture 125 tools
per year.

Supplier base:

• 5 suppliers in India for Die manufacturing for Low and medium tonnage machines.
• 3 external suppliers in China for higher tonnage dies
• 3 Local Chennai suppliers for die correction & repair.
• In addition we also have some suppliers in Taiwan & Italy.
• Capability to develop proto parts through sand mould & block machining for new product development
support to customer(outsourced activity

Products & Services:

6
Die-Casting Solutions Part Design, High Pressure Die-Casting Desing, CNC Machining, Die Design, Surface
Treatment.
Category: Manufacturer

The current status of Ashley Alteams India Limited is - Active.

The last reported AGM (Annual General Meeting) of Ashley Alteams India Limited, per our records, was held
on 10 August, 2022. Also, as per our records, its last balance sheet was prepared for the period ending on 31
March, 2022.

Ashley Alteams India Limited has seven directors - Kimmo Olavi Pesonen, Asko Juhani Jaakko Nevala, and
others:
The Corporate Identification Number (CIN) of Ashley Alteams India Limited is
U27310TN2006PLC065084. The registered office of Ashley Alteams India Limited is at No.1, Sardar Patel
Road Guindy, Chennai, Chennai, Tamil Nadu.

INFRASTRUCTURE & FACILITIES:


Manufacturing Facilities
Die Design

Ashley Alteams has the most advanced and dedicated design team for the sole purpose of providing
innovative support to its customers. The team uses the latest software such as PRO/E WF5, Solid Works,
ACAD 2011 and Magma Analysis for die design and development activities.

Die Simulation Analysis

Ashley Alteams offers complete computer simulation analysis – MAGMA solidification and flow
analysis to its customers, in order to optimize their die design and to enhance their die life performance.

Ashley Alteams’ design team coordinates with its customers in order to resolve castability issues (machining
stock, ejector pin design, cored hole design, draft angle, etc.)

Melting

7
Ashley Alteams uses varieties of aluminium alloys based on its customer’s product requirements. The
company strongly believes in and follows eco-friendly procedures, and hence uses LPG fired furnaces, which
mean more efficiency and no pollution.

Degassing

Ashley Alteams uses Nitrogen base degassing to improve the casting strength and reduce porosity
levels which is a mandatory requirement for most of the automotive parts.

High Pressure Die Casting

Ashley Alteams' state-of-the-art HPDC machines are based on European technology that are specially
suited for applications where a large quantity of small to large sized parts are needed with good detail and
surface quality and with dimensional accuracy where the leak tightness is an important requirement for the cast
part. The company’s die-cast machine sizes range from 420T – 2000T locking force with closed loop shot
monitoring system.

Vacuum Technology

High pressure die-castings usually contain gas porosity, mainly due to the entrapment of air or gas in
the melt during the very high injection speed of the molten metal into the cavity. Ashley Alteams uses vacuum
technology to improve die filling and reduce porosity resulting in improved strength of castings and production
of thin walled castings.

COMPANY QUALITY PRODUCTS:


AAIL manufactures aluminium pressure die castings for Heavy Commercial Vehicles, passenger cars,
Telecom and Industrial Applications. The product range for Automotive includes Flywheel Housing, Gear Box
Housing, Ladder Frame, Connection Housing, Clutch Housing, Cover Valves, Cylinder Head Covers, Spin on
Filter, Oil Cooler Cover, Housing Rocker Lever, Gear Housing, Cam Box Housing, Front Case Covers, Charge
air pipe, Pump Housing, Case Oil Pump, Cam Shaft Cover, Rocker Housing & Cover. For Telecom AAIL
Caters Mechanics & Filter Parts & for Product range for Industrial Application includes Supports & Spring
Casings.
8
AAIL can produce castings ranging from 0.08 Kg to 42 Kg

COMPANY QUALITY PRODUCTS:

AUTOMOTIVE

Power and Textile

9
Mechanics & Filters

NPD

APPRECIATION & AWARDS:

1. Quality Circle Forum Of India (QFCI), CCQC 2015 Gold Award For QC Circle.

10
2. QSKED Assembly Line & Machine Shop Recognition-PHHP August 2015.

3. ABK-AOTS DOSOKAI Tamilnadu Centre,2nd -KAIZEN COMPETITION May 2015.

4. Sundaram Fasteners Limited Autolec Division ,Kaizen Competition-2nd Place 2014.

5. Quality Circle Forum Of India (QCFI), NCQC 2015 Consolation Award For Quiz Contest.

6. QCFI NCQC 2015 Excellence Award in QC Circle Presentation 2015.

7. Sundaram Fasteners Limited Autolec Division , Kaizen Competition-1st Place 2015.

8. Quality Circle Forum Of India (QFCI), Kaizen Competition CCKC 2015 Excellent Award.

9. IIF 6th Aluminium Conclave - Casting Quiz Competition First Prize.

10. IIF 6th Aluminium Conclave - Best Foundry Award - IIF (National Foundry day
Celebrations – 2016 ).

11. IIF 6th Aluminium Conclave - Kaizen Competitions 1st Prize.

12. Prize - Maintenance Personnel- Kaizen Competition ABK AOTS Dosokai.

13. Quality Circle Forum Of India (QFCI), 6th SIT Competition CCSITC – 2016 (Exclusively
for supervisory personnel) Excellent Prize. The Ashley Alteams Quality Policy

We at Ashley Alteams, will strive to meet with total customer expectations through

• Timely supply of Quality Products


• Deploying Latest concepts in Pressure Die Casting and related manufacturing
• Continual Improvement through Total Employee Involvement
• Sustain and Improve Quality Management Systems

Quality Accreditation

• Ashley Alteams successfully got accreditation of ISO/TS 16949 in April 2016 and re- certification
from SAI Global in April 2016,validity upto Sep 2018
• Ashley Alteams successfully got accreditation of ISO 9001-2008 in April 2016 and re- certification
from SAI Global in April 2016,validity upto Sep 2018
11
About Us
Ashley Alteams India Limited is a 50:50 Joint Venture between Ashok Leyland Ltd India and Alteams
OY, Finland. Ashley Alteams is a leading foundry for automotive (India) and Telecom (India and Alteams
group) and be the ‘First Choice Partner’ to their customers by providing innovative product solutions.

Alteams OY is amongst the biggest light cast metal foundries in Europe. The Alteams OY turnover is
around 100 million Euro with production units in Finland, China, India (Joint venture with AL) & Poland.
Alteams OY core business involves manufacturing of cast light metal components including related services
like Design of castings and Tooling as well as further processing of assembly-ready components. It has a
strong customer base in the Telecom, Automotive, Electronics, Manufacturing and Meditech Industries.
Globally, the Group is one of the biggest supplier of cast light metal components to the communication
network industry.

Ashok Leyland Limited (AL) , a flagship of the Hinduja Group is the Second largest Commercial
Vehicle manufacturer in India and Fourth largest manufacturer of buses in the world and the Sixteenth largest
manufacturer of trucks globally.Over 70 million passengers use their buses to get to their destinations every
day while over 700,000 trucks keep the wheels of economies moving. With the largest fleet of logistics
vehicles deployed in the Indian Army and significant partnerships with armed forces across the globe, they
help keep the Indian borders secure.Headquartered in Chennai, India, their manufacturing footprint spreads
across the globe with 8 plants; including one at Ras Al Khaimah (UAE) and Optare, U.K. (which specializes in
electric buses). Their Joint Venture partners include M/s Nissan Motor Company (Japan) for Light
Commercial Vehicles, M/s John Deere (USA) for Construction Equipment.

In 2007, Ashley Alteams was formed in India and a world-class high pressure die-casting facility has
been set up at Cheyyar, Tamilnadu. This state-of-the-art foundry and machine shop provides complete die-
casting solutions with the latest technological expertise and value engineering to help achieve business goals.
Ashley Alteams is strongly backed by European technology and has an annual installed capacity of 7000MT,
with the capability to produce high pressure die-casting components ranging from 0.5 kg to 20 kg.

12
Positioned for continued growth Alteams

Alteams Group has just opened a new factory in Poland that will be the key to driving its
European business to new levels. Peter Mercer reports.

IN June of this year Alteams, the specialist in cast aluminium components for the communications
networks and mechatronics sectors, officially opened its new manufacturing plant in Poland. Work on the
10,000m2 plant, at Lebork, in the Pomeranian region, began in 2013 and the first customer delivery was made
earlier this year. All the essential processes for aluminium castings production are in place, including high-
pressure die-casting, CNC, surface treatment, assembly and supply change management. Currently there are 80
employees at the plant and by the end of 2014 there will be over 100. Alteams plans to build sales from the
plant to some €30m with 300 employees and expand the working area to 10,000m2 .

“The strategy behind our decision to build a factory in Poland was to improve our competitiveness in
cost, flexibility and time to market as a local supplier of pressure die cast components to the European
market,” explains Alteams Poland’s President Matti Huttunen. “Since 2002 Alteams has had manufacturing
operations in China and since 2007 in India to serve our global customers but since those customers are indeed
global in their operations, many are also major players in the European market. In the telecoms sector there is a
fast growing demand for components for the next generation of network infrastructure and in mechatronics the
pressure to deliver much better energy efficiency is also driving growth. The amount of all wireless
applications globally is forecasted to reach 50 billion by 2020.

“Our Lębork factory will therefore play a key role in our growth strategy for our European business. It
will be smaller than our Chinese plant but applies the same advanced technologies, more automation and will
have a complete set of services. Poland is close to many of our key customers’ operations in central and
eastern Europe and we can serve them from Lębork within 48 hours. The plant has good logistic connections,
including also the seaport of Gdynia and the international airport at Gdansk. Poland was also an attractive
investment choice because of its stable political and economic environment and the rapid growth of its
economy.

“Initially the plant will supply key customers in Europe in the communications networks sector and go
on to supply mechatronics customers in the course of next year.”

13
POSITIONED FOR CONTINUED GROWTH

Alteams Group has just opened a new factory in Poland that will be the key to driving its
European business to new levels. Peter Mercer reports.

IN June of this year Alteams, the specialist in cast aluminium components for the communications
networks and mechatronics sectors, officially opened its new manufacturing plant in Poland. Work on the
10,000m2 plant, at Lebork, in the Pomeranian region, began in 2013 and the first customer delivery was made
earlier this year. All the essential processes for aluminium castings production are in place, including high-
pressure die-casting, CNC, surface treatment, assembly and supply change management. Currently there are 80
employees at the plant and by the end of 2014 there will be over 100. Alteams plans to build sales from the
plant to some €30m with 300 employees and expand the working area to 10,000m2 .

“The strategy behind our decision to build a factory in Poland was to improve our competitiveness in
cost, flexibility and time to market as a local supplier of pressure die cast components to the European
market,” explains Alteams Poland’s President Matti Huttunen. “Since 2002 Alteams has had manufacturing
operations in China and since 2007 in India to serve our global customers but since those customers are indeed
global in their operations, many are also major players in the European market. In the telecoms sector there is a
fast growing demand for components for the next generation of network infrastructure and in mechatronics the
pressure to deliver much better energy efficiency is also driving growth. The amount of all wireless
applications globally is forecasted to reach 50 billion by 2020.

“Our Lębork factory will therefore play a key role in our growth strategy for our European business. It
will be smaller than our Chinese plant but applies the same advanced technologies, more automation and will
have a complete set of services. Poland is close to many of our key customers’ operations in central and
14
eastern Europe and we can serve them from Lębork within 48 hours. The plant has good logistic connections,
including also the seaport of Gdynia and the international airport at Gdansk. Poland was also an attractive
investment choice because of its stable political and economic environment and the rapid growth of its
economy.

“Initially the plant will supply key customers in Europe in the communications networks sector and go on to
supply mechatronics customers in the course of next year.”

Two business sectors

Alteams Oy was established in Finland in 2002 through the merger of Laihian Metalli and Jyskan
Metalli and the group later acquired the Swedish Stilexo, but the experience of its predecessor companies in
casting goes all the way back to the 1940s. Today the company is one of the biggest light metal foundries in
Europe with some 1500 employees and a turnover of around €100 million. Its core business is the
manufacturing of cast aluminium components for communications networks and mechatronics as well as
related services such as design of castings and tooling and further processing of castings into assemblyready
components. Globally, Alteams is the largest supplier of cast light metal components to the international
telecom sector.

Key applications for Alteams’ castings in communications networks include microwave radios,
receivers and transmission units, high performance RF units, antenna mounted integrated units and power
supplies. In the mechatronics sector applications cover frequency converters, electrical motors, inverters,
hybrid converters, control units, human/machine interface, HV switch gears and professional LED lighting.
The company’s mechatronics customers are leading international players in power electronics, renewable
energy, energy transmission and distribution, drive technology, industry automation, marine engine and power
generation, e-mobility and clean technology.

The continued success of Alteams’ manufacturing operations is of course supported by the long-term
relationships it has

built up with its key suppliers. Among these are such internationally recognised names as Bühler
Group, suppliers of die-casting machines; Yamazaki Mazak which supplies CNC machinery; Fanuc for
industrial robots and Arrow Engineering Oy which specialises in production monitoring systems.

15
Operations in Asia

With the start-up of its Polish plant Alteams now has a total of six manufacturing sites, including three
in Finland and one each in China and India. The Chinese factory, at Suzhou, is by far the biggest facility in the
group and is the largest volume supplier in China of high-pressure die-castings for the communications
networks sector. The Chinese operation was originally established in 2001 by Stilexo of Sweden and Tecknit
of the USA and became part of the Alteams group in 2002 when Stilexo Industri AB and Stilexo-Tecknit
(China) merged with Alteams Oy. The company built a new factory on the Suzhou site in 2005 which was
further expanded in 2008.

“Our Chinese plant also has a remarkable role to play in our future growth. Global telecoms companies
have to be in China so Alteams has to be there too since components for networks are still the largest part of
our business,” says Matti Huttunen. “But demand from the mechatronics sector is also growing fast and we see
very significant potential there, particularly in industrial control systems, drives and energy saving
applications. In fact, there is an increasingly wide range of industrial segments in which mechatronics are
playing an ever more important role and that provides us with excellent future opportunities.”

All the Alteams factories are supported by the company’s own mould manufacturing facility which is
also located at Suzhou. Designers and manufacturing staff at Alteams Hi-Tech Tools work closely with
production experts at all the company’s foundries to ensure that they have the benefits of the highest quality
tools. Having this in-house mould-manufacturing facility enables the company’s foundries to meet short and
reliable lead times and facilitates the confidential exchange of information on designs and IP rights.

Alteams’ Indian operation Ashley Alteams was established as a joint venture with Ashok Leyland in
2007 to manufacture cast advanced components for communication networks and commercial vehicle engines
initially for Askok Leyland’s own consumption. Ashok Leyland is, in fact, an operation focused on producing
commercial vehicles. Ashley Alteams moved into a new factory and started production there in 2009. An
inhouse surface treatment facility was added the following year.

all Ashley alteams ind pvt ltd salaries by category

Average Ashley alteams ind pvt ltd Machine Operator monthly pay in Tamil Nadu is approximately ₹
15,000, which is 8% above the national average.
16
Salary information comes from 3 data points collected directly from employees, users, and past and
present job advertisements on Indeed in the past 36 months.

Please note that all salary figures are approximations based upon third party submissions to Indeed.
These figures are given to the Indeed users for the purpose of generalised comparison only. Minimum wage
may differ by jurisdiction and you should consult the employer for actual salary figures.

Production & Manufacturing

See Ashley alteams ind pvt ltd salaries collected directly from employees and jobs on Indeed.

Salary information comes from 3 data points collected directly from employees, users, and past and
present job advertisements on Indeed in the past 36 months.

Please note that all salary figures are approximations based upon third party submissions to Indeed.
These figures are given to the Indeed users for the purpose of generalised comparison only. Minimum wage
may differ by jurisdiction and you should consult the employer for actual salary figures.

INFORMATION

Alteams Group - Offering full-service aluminium casting solutions Alteams is a partner in developing
and manufacturing cast aluminium parts for advanced communication networks and mechatronics applications.
Our core business is manufacturing of cast aluminium components. Our full-service capability

Allows us to also provide expert

• Optimization of your casting part design for improved producibility

• In-house design/build of tooling.

• All secondary processes including CNC, shot blasting, tumbling, wash, FIP, painting, plating,
sourcing of your AVL component parts, and sub-assembly.

Alteams Group has an extensive global organization


17
.Technical experts that can solve your heat transfer, EMI shielding, IP sealing, pressure leakage, weight
reduction and structural challenges .

• Flexible production sites in China, Finland, India and Poland incl. 24/7 Commercial and Logistics resources
close to our primary customers.

The company name says it all – Alteams is about team work and strong team spirit. Only through
people can we achieve keep Alteams on the path of future growth. That is why keeping our employees safe and
motivated is our top priority. With the help of a clear strategy and ”nordic heritage” we practise a business that
is transparent towards our partners and within our teams. We do not believe in Ivory towers, thus management
is always within short distance and taking part in decision making is highly recommended

18
OBSERVATION & DEPARTMENTS HR

This organization consists of 6 employees and these workforces are effectively managed by
the HR department. For every organization human resource management is very important and here
also this department places a major role in the organization. This department utilizes the available
human resources effectively and also they increase the employee’s job satisfaction and self-
actualization. They help the organization to attain goal effectively and efficiently by providing
competent and motivated employees. The following the major works they do in the organization

• Recruitment

• Grievances handling
• Salary process
• Employee relation management activity’s
• Organizing meetings between the departments
• Organizing separate department meeting with CEO
• Evaluation of employees.
• Office maintenance.

BASIS OF EVALUATION OF EMPLOYEES:


• Based on machine operating skills
• Based on safety conscious skill
• Based on part awareness
• Based on tool loading and unloading skill
• Based on tool lubricating and cleaning skill
• Based on 5s awareness
• Based on error proof checking skill
• Based on tool setting skill
• Based on visual problem identification

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FINANCE AND ACCOUNTS DEPARTMENT
The business functions of a finance department typically include planning, organizing,
auditing, accounting for and controlling its company's finances. The finance department also
usually produces the company's financial statements. This department not only focuses on book
keeping, they also have hands on the financial position of the firm. The fund flow and cash flow
should be monitored regularly in order to have a balance in handling the payments and receiving
the payments from the clients. The following are major works of the finance department:

• Book keeping and payment receivable

• Financial reporting and controlling

• Tax and compliance

• Statutory works

• Strategic planning and financial planning

• Treasury and working capital management

• Capital budgeting

• Risk management

• Cash flow and fund flow of the conseque.

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Why Ashley Alteams

• Strong and latest technology with vibrant capability


• Long standing , strategic and growing business relationship with customers
• Cost leader by operational excellence and continuous improvement
• Global Support and Supply from Alteams Group manufacturing units
• Corporate Administrative support from Ashok Leyland
• Access to both Networks and Automotive Aluminium castings technologies
• Young and energetic employee setup with open mind for newer ideas and development

Surface Coating
Ashley Alteams has an excellent state of the art surface coating facility consisting of two plating
lines namely Nickel –Copper –Silver and Copper –Silver. In addition one conversion coating line is also in
place.
The silver plating facility is the 1st of its kind in India and can cater to varied plating application in
telecom,automotive & power segments.
The entire Plating lines are fully automated PLC controlled.
The Surface coating facility is aimed at providing components plated with exceptional finish to address all
environmental protection requirement of the customers.
Supported with Zero discharge effluent treatment line.

Environmentally responsible

Capabilities

Multilayer Coating on Aluminium (Silver /Copper/Nickel)


Measurement Capability in multilayer thickness, without destructive method using X-Ray Fluorescence
Uniform Nickel, Copper and Silver plating through Electroless Nickel, Eductors and with Auxiliary anode
Cascade rinsing/ triple rinsing to minimise bath contamination
Ultrasonic cleaners and rinses for effective cleaning and rinsing
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Zero discharge plant
Also Capable to do

1.Trivalent chromating
2.Zinc passivation
3.Anodizing
4.Zinc -Nickel plating, Zinc -Iron plating, & Zinc plating
5.Hard Chrome platin

Die Design Development


• Experienced and knowledgeable employees
• Engineering ability to develop manufacturing process
• State-of-the-Art facilities for tool design
• Strong Knowledge in Aluminium metal properties

CAD System

• Creo
• WF5
• Solid Works
• AutoCAD

Facility

• Radiography
• CMM
• Spectrometer
• Particle Analyzer

Thermography

QC Facilities
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3D Co-ordinate Measuring Machine (CMM)

• 3-Dimensional measurement inspection


• Profile measurement, angularity or orientation measurement
• Complete dimensional inspection of castings and machine parts

X – Ray Radiography

• Non-destructive testing of aluminum casting, used to establish defect-free product/die-casting process,


product monitoring
• Ability to detect defects at casting stage prior to machining: Shrinkage cavity / blowholes / porosity /
cracks / form divergences / inclusions

Spectrometer (Optical Emission)

• Determination of the chemical composition of aluminum alloys


• Incoming material inspection and in-house molten metal quality conformance to customer
specifications

Optical Profile Projector-DP 200

• To measure the intricate radius, angles and chamfer depth, etc., optically

Surface Roughness Tester

• To test the surface roughness on parts during process establishment and for process monitoring
• Compatible with ISO / DIN / ANSI / JIS standards

Infra-red Thermo Camera

• Used for die temperature mapping and monitoring

2D – Height Gauge

• New product development activities


• Line inspection
• Gauge calibration

Boroscope
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• Used for inspection of long cored holes

Millipore Analyzer

• Contaminants analysis

Contour Tracer

• Fast, easy and precise completion of contour measuring tasks


• Fast comparison of measured data with nominal profiles

Tensometer

• To evaluate the tensile properties of the material such as young’s Modulus & tensile strength, proof
stress, Elongation, Yield strength)
• A portable machine that is used to measure the tensile strength and other Mechanical properties of
materials

Brinell CUM Rockwell Hardness

• To Ensure the casting hardness and incoming material hardness

Microscope
• To Ensure the casting microstructure
• To measure micro level Contamination for Millipore analysis

Radioactive contamination tester

• To find the radioactive contamination level in finished parts

XRF Coating thickness tester

• To analyse multi-layer thickness of coated parts, Chemical analysis

Network Analyser

• To measure Q factor for Silver plated filters

Salt spray test chamber


• To analyze Corrosion resistance of surface coated parts

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Humidity test chamber

• To analyze resistance of humidity resistance of surface coated parts

Tool Manufacturing
Alteams Hi-Tech tools: Located in Suzhou, China. Capability to manufacture 125
tools per year.

Supplier base:

• 5 suppliers in India for Die manufacturing for Low and medium tonnage machines.
• 3 external suppliers in China for higher tonnage dies
• 3 Local Chennai suppliers for die correction & repair.
• In addition we also have some suppliers in Taiwan & Italy.
• Capability to develop proto parts through sand mould & block machining for new product development
support to customer(outsourced activity)

Machining & Assembly


• Total Number of Machines : 45
• Type of Machines : VMC & HMC
• Brand : Mazak, Brother, AMS, Robo

High Pressure Die Casting


• Our High Pressure Die Casting capacity ranging from 420T ~ 3300T.
• Our Machines are Ital Presse & Buhler.
• Product weight 0.08 Kg~42 Kgs.

PRODUCTION PLANNING DEPARTMENT


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Production planning is the planning of production and manufacturing modules in a company
or industry. It utilizes the resource allocation of activities of employees, materials and production
capacity, in order to serve different customers.
ASHLEY ALTEAMS INDIA LTD make their production plan on a regular basis that they
ensure that all the 46 machineries are effectively used. The following are the major works of the
department,

• Plan work flow and schedules for production departments.


• Monitor production status and ensure timely delivery.
• Identify delays and accordingly adjust schedules to meet deadlines.
• Assist in production risk assessment and mitigation activities.
• Notify customers on any delays and outages.
• Provide excellent customer service and ensure customer satisfaction.
• Evaluate current production processes and recommend improvements.
• Assist in new product development and enhancements.
• Conduct daily meetings to keep track of production schedules.
• Ensure that finished products meet quality standards and customer specifications.
• Determine equipment, materials and manpower required to complete production.

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MAINTANENCE DEPARTMENT

Every maintenance department's main purpose is to ensure optimal asset reliability and
performance. ... A more nuanced definition could say that the main goal of a maintenance
department is to ensure asset reliability in a way that aligns with the company's needs and
business goals. The following are the major works

• Maintaining records of any work and inspections done on-premises

• Performing inventory on repair supplies

• Keeping repair tools and supplies clean and organized

• Making and installing new furniture or equipment

• Ensuring all safety systems are functioning properly, including smoke and carbon
monoxide detectors

• Conducting routine maintenance on equipment

• Completing safety checks on systems and equipment

• Detecting, identifying and repairing sheet metal dies.


• Responding to and completing maintenance requests.

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FINDINGS AND SUGGESSTIONS:

• Employee satisfaction should be monitored in order to reduce the employee


turnover inthe organization
• Top management should also look into the problem which their
employees in theorganization, thus keeping employees happy,
• The company tends to maintain the quality of the products
• The interactions between the workers are very less.
• The frequency of the inspections of the product for quality assurance could be improved
• The maintenance team conducts routine inspections on equipment.
• The production planning department perfectly schedules the work for production.
• This organization lacks in the work life balance of the employees.

Specifications

Thickness :

o Silver : 0.5 – 2 microns


o Copper : 5 -7 microns
o Nickel : 0.5 – 2.5 microns

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Customers
At AAIL, we endeavour to be 'the first choice' of customers by ensuring total customer
satisfaction through continuous improvement in products and services. Our passion for customers,
investment in best technology and human resources has enabled us to meet expectations of our
customers. Our clientele include world leading OEMs and tier-one suppliers; below are a few.

Technology
LPG Bullet

Ashley Alteams uses LPG as fuel for the melting furnaces and has got a storage facility of
14.8 T comprising 2 bullets. The state-of-art technology ensures safety and efficiency with this Eco -
Friendly fuel.

Die Design
Ashley Alteams has a dedicated team for the sole purpose of providing innovative support to
its customers. The team uses the latest software such as PRO/E WF5, Solid Works, ACAD 2011 and
Magma Analysis for die design and development activities.

Die Simulation Analysis

Ashley Alteams offers complete computer simulation analysis – MAGMA solidification and
flow analysis to its customers, in order to optimize their die design and to enhance their die life
performance.

Ashley Alteams’ design team coordinates with its customers in order to resolve castability issues
(machining stock, ejector pin design, cored hole design, draft angle, etc.)

Melting

Ashley Alteams uses varieties of aluminium alloys based on its customer’s product
requirements. The company strongly believes in and follows eco-friendly procedures, and hence
uses LPG fired furnaces, which mean more efficiency and no pollution.

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Degassing
Ashley Alteams uses Nitrogen base degassing to improve the casting strength and reduce
porosity levels which is mandatory requirement for most of the automotive parts.

High Pressure Die Casting

Ashley Alteams' state-of-the-art HPDC machines are based on European technology that are
specially suited for applications where a large quantity of small to large sized parts are needed with
good detail and surface quality and with dimensional accuracy where the leak tightness is an
important requirement for the cast part. The company’s die-cast machine sizes range from 420T –
2000T locking force with closed loop shot monitoring system.

Post Casting Operations

Trimming, Shot Blasting, Grid Blasting, Vibro finishing (with plastic media), Washing
Facility are available to achieve high aesthetic quality castings.

Vacuum Technology

High pressure die-castings usually contain gas porosity, mainly due to the entrapment of air
or gas in the melt during the very high injection speed of the molten metal into the cavity. Ashley
Alteams uses vacuum technology to improve die filling and to reduce porosity resulting in improved
strength of castings and production of thin walled castings.

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PERFORMANCE ASSESSMENT

Performance assessment one of the principal parts and common actions used to organize
a business delicate performance appraisal use to estimate the performance of the human
resources connected with past, present, and anticipated performance so that appropriate
decision can be made. Performance appraisal is to perform of assessing employee job
performance and providing responses to those recruits about both optimistic and pessimistic
aspects of their performance. Performance dimensions are very vital both for the organization
and the individual; for they are the most important data used in shaping salary increases,
promotions, and, in the case of workers who perform disappointingly, discharge.

PERFORMANCE MANAGEMENT

Performance management is a target oriented course of action going towards ensuring


administrative progressions by remaining popular in habitation towards exploit proceedings
& efficiency of employees, teams, and ultimately, organization. It acts as supreme player
accomplishing managerial stratagem that implicates determining and refining the value of
workforce. It includes backup goals and consequent motivation standards so that affiliation
can undoubtedly understand & communicated. At hand association concerning
encouragements & routine.

USES OF PERFORMANCE APPRAISAL


For numerous establishments, primary objective of an assessment system is to improve
individual directorial performance

1. Human resource planning

In assessing a firm’s Human Resources, data have to be presented categorize individuals


that have impending to be encouraged or for any of domestic employee associations. In
course of routine assessment, it may reveal that there is an unsatisfactory amount of
employees who
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prepare to arrive organization. The procedure can be completed aimed at larger prominence taking place
administration growth. Well-made evaluation methods provide outline of administration’s human
resource powers and faults to sustenance their exertion.

2. Recruitment and selection

Performance assessment ratings may be accommodating in predicting presence of job applicants. A


firm's thriving employees demonstrate assured behaviors when performing key tasks. These data may
endow with a benchmark for evaluating aspirant response obtain during behavioral interviews,
invalidating selection tests, employee ratings may be used as unpredictable against test scores are
compared. Fortitude of the selection test influence woulddepend on the exactness of appraisal results.

3. Training and development

Performance appraisal must point out employees explicit for working out and
development. If dense finds that quantity of first-line supervisors is having involvedness
in administering punitive action, training sessions addressing this problem may be
appropriate. By identifying deficiencies that negatively have an effect on Performance,
Training and Development programs can urbanize those consent individuals to construct
on their strengths and curtail their deficiencies. Appraisal systems do not promise
properly trained and developed employees. However, influential Training and
development needs are particular when appraisal data are available.

4.Career planning and development

Career planning is enduring process in personage set vocation goals and identifies the means to
accomplish them. Career development is a prescribed approach used by organization to ensure that
people with the appropriate credentials experiences is available when needed. Performance appraisal
data indispensable in assessing employee’s strengths and weaknesses and influential the person’s
potential
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PERFORMANCE APPRAISAL PROCESS

Performance appraisal is the process of identifying unambiguous performance goals. Appraisal


system possibly cannot successfully serve every anticipated purpose , so management should select the
definite objectives it believes to be most important and pragmatically possible. Besides many
assessment systems fall short because management

expects to large extent from one progression and does not settle on particularly what it wants the
organization to get done the goals.

The continuing cycle endures with launching performance criterion (standards) communicating these
performance opportunities to those concerned. Then the work is performed and the superintendent
appraises the performance. By closing stages of appraisal period, assessor and worker collectively
evaluate work performance and estimate and align with established performance standards. This
assessment helps to settle on how well employees have met these principles, determine reasons for
deficiencies, and along with develops plan to resolve problems. In the end, goals are set for next
evaluation period, and cycle repeats.

Make developmental plans

Monitor goal progress

Undertake development

Administration decisions

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PERFORMANCE MANAGEMENT SYSTEM IN ASHLEYALTEAMS – EPD
1. E-MAP stands for Electronic-Moving Ahead through
Performance Management System which is followed in ASHLEY ALTEAMS.
2. This system was introduced in the year 2002.
3. E-MAP aims at creating an alignment of individual goals with those ofthe
company and enables to effectively manage performance.
4. This system covers Frontline Executives of ASHLEY ALTEAMS.

MAP FOLLOWS AN APRIL TO MARCH CYCLE AND CONSISTS OF


THREE KEY PHASES

1. Performance and Development Planning.


2. Mid Year Review.
3. Final Review.

1. PERFORMANCE AND DEVELOPMENT PLANNING

Performance appraisal is a fundamental requirement for improving the productivity of an


organization because it is through an appraisal that each individual's productivity is evaluated.
It serves as the basis for counseling and developing an individual to maintain or increase
productivity. This segment of the MAP is initiated in the month of March upon the finalization of the
outline financial plan for the company.

Following figure shows the Workflow of the Performance and Development Planning
Phase:

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Unit HR maps appraisee to suitable KRA

Appraisee makes plan for the year

Submission by the appraisee

Appraiser sees plan and accepts or appraiser discusses plan with the appraisee

Appraisee accepts and submits the paln

Reviewer approves the plan

Plans Submitted

Creating the performance and development plans

2. MID YEAR REVIEW

Mid Year Review is excellent opinion session which takes place involving the appraisee and appraiser
only and takes position through the month of October for the half year wrecked September. It is a
process for reviewing and tracking achievement thus reducing scope for thetime ended supervisors.
The following figure shows the Workflow of the midyear review phase:

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Appraisee does self - appraisal and identifies competencies for development

Submission by Appraisee

Appraiser sees plan and gives his comments /feedback

Midyear review gets completed

3.FINAL YEAR REVIEW


The final year review phase will commence with the assessment in which appraisee’s gives the
evaluation of board attainment on each KRA defined in the act plan. The appraiser will appraise the
outcomes of self appraisal and gives his own estimation of realization of the targets in the act plan. For
each KRA's, in addition, he will also give his assessments on the behavioral traits defined in system. After
appraisal by the appraiser, plan will come to appraisee for his information and assessments done for KRAs.

The figure shows the Workflow of the Final year review phase:

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Appraisee does self assessement of KRA'S and gives achievement

Appraisee submits the self assessement

Appraiser gives his assessement of KRA's and rates the appraisee on behavioural traits

Plan goes back to appraisee for acceptance / rejection of appraiser's review

Appraisee accepts or requests for discussion with appraiser

After discussion, appraiser and appraisee submits the final review

Final review goes to his final assessement on KRA's and behavioural traits

Reviewer submits the documents

Final review completes and final dcore gets calculated in the system

LITERATURE REVIEW

1.Ellen V Rubin and Amani Edwards (2018) analyzed that efficiency of performance appraisal
programs and connection among the appraisal arrangement and appraisal prejudice complaint. For
fulfillment of any performance appraisal process worker perceptions of the fairness of critiques of
performances is fundamental and from performance appraisal and suitable coaching and voice
possibilities helps in growing of appraisal discrimination complaints. So for better efficiency
appraisal process, the focus will have to be on making improvements to the interpersonal verbal
exchange as an alternative than redesigning the appraisal systems.

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2.James R Harrington (2015) identified that human useful resource administration establishes both
an effective and a fair performance appraisal process and it additionally deals with quite a lot of
organizational and psychological reasons which have an effect on

employee's notion of performance appraisal equity, peculiarly in public companies. The study
additionally focuses on regards to the expectations between a worker and that of a service provider and
what each gives and expects in return from the other.

3.Nathan B.R , Mohrman, M & Milliman (1991) studied that there is a considerable agreement
that organizations can advantage from using performance appraisal programs. It states that both
supervisors and employees have bad and optimistic reactions to the method, so without figuring out
individual employees' reactions to performance appraisal method, it's much less seemingly for
performance appraisal to be used for its original ambitions.

4.Michal Biron, Elaine Ferndale & Jape Paawwe (2011) analyzed that the success of the
performance appraisal method may rely on learn how to control the workers’ perceptions of its fairness
and no longer the fairness, so the function of performance value determinations acts as a motivational
software for performance appraisal and it describes that efficiency of perceived fairness of performance
appraisal programs.

5.Catherine Truss & Lynda Grattan (2006) studied the relationship between interdependence,
pain with that of conducting performance appraisal, the study also offers with implications of
performance appraisal and future areas of research on performance

6.M. Z Iqbal, S Akbar & P. Budhawar (2015) analyzed that performance appraisal techniques and
their packages act as an administration manage tools for attaining or for implementation of
organizational targets and organizational efficiency. Performance appraisal is worthwhile for making
improvements to worker performances and even reaching organizational pursuits.

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RESEARCH DESIGN

1.STATEMENT OF THE PROBLEM

This problem is chosen to evaluate the performance of an employee. Performance appraisal is the
stage where organization finds out how proficient it has been at hiring and placing employees. If any
performance problems are identified steps are taken to communicate, the same is taken to the employees
and are provided with a solution. It is compulsory for all the organizations to have such systems.
ASHLEY ALTEAMS – EPD also possesses such system to evaluate employee’s performance.

2.NEED FOR THE STUDY


The study enables to have access on various facts of the business. This helps in understanding the
need for the importance and advantage of performance appraisal system in the business firms, this study
gives the exposure to our minds to the integrated management of Human Resource in the various
operations, techniques and the methodologies adopted by the business firms.

3.OBJECTIVES

➢ To understand the existing performance appraisal system followed by the company.

➢ To identify factors influencing the effectiveness of the existing performance appraisalsystem.


➢ To assess the satisfaction level of the employees towards Performance appraisal system.

4.SCOPE OF THE STUDY

The study was done to understand the performance system at ASHLEY ALTEAMS - EPD. The
study mainly concentrates on how the company helps in improving feedback to employees so that they
come to know where they stand and can also improve their job performance.

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METHODS OF DATA COLLECTION

1.Primary data

2. Secondary data

1.PRIMARY DATA

The data was collected from employees through some feasible methods which include
Questionnaire method and Face to Face or Personal method. The structured questionnaire was
administered to collect the data from organizations executives. A personal face to face interview was
conducted with the help of the questionnaire and collected data used for analysis of the objectives.

2.SECONDARY DATA
For collecting secondary data various publication, trade journals, reports prepared by
research scholars, historical document, and records, and Handouts are used. While collecting the
secondary data nature, scope and object of inquiry, time factor, and precision are considered.

SAMPLING DESIGN

The research population for this study comprises of BHEL –EPD executives in Bangalore. The total
executive’s employees in the company were of 80 and only 50 executive’s employees were considered
as population for this study.

Sample size: 50 executive employees. Sampling


technique: Simple random sampling

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INSTRUMENT DESIGN

The instruments used for this research on the effectiveness of performance appraisal system at
ASHLEY ALTEAMS are Questionnaires and the data so collected is from primary data. The
questionnaire basically includes Likert Rating scales questions and Dichotomous questions and both
open- ended and structured or close-ended questions. Based on this the questionnaires were formed.

Development of the questionnaire

The review literature indicated that performance appraisal system is a formal management tool and
one of the best or most efficient appraisal programs and the literature review clearly specifies that
satisfaction level and workers performance this study attempts to identify the satisfaction level of
employees and accuracy of performance appraisal evaluation and various other factors affecting to that
and impact on the appraisal system followed by the company.

The questionnaires were discussed and complied with the internal guide of institution and external
guide of the company and changes suggested were implemented.

Structure of questionnaires

The questionnaires include the following sections Section A

– Demographical and Biographical data.

Section B – Knowledge, Perception and satisfaction levels about appraisal system.Section C

– Expectations and suggestions based on the appraisal system.

The questions contained in the questionnaire, comprising of both open-ended and close-endedquestions.

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HYPOTHESIS
Testing of hypothesis

H0: There is no relationship between accuracy of performance evaluation and performanceappraisal in


achieving individual and organization goals.

Ha: There is a relationship between accuracy of performance evaluation and performanceappraisal


in achieving individual and organization goals.

LIMITATIONS OF THE STUDY

1. The study pertains only to the employees of BHEL-EPD.


2. The total number of respondents were only restricted to 50 employees.
3. The study is limited only to the officials hence broad generalization about the companymay not
be possible.
4. The data is collected through questionnaire hence the response from the respondentsmay not
be correct.
5. An interaction between officials was limited due to the busy schedule.

DATA ANALYSIS AND INTERPRETATION

DATA ANALYSIS
The nature of data analysis that can be conducted on a group of test of the data will be prejudiced by
goals constructed and the real collected data. It is an essential way in which the whole collected data is
split down into various constituent parts of the options to which the specific questions under the
statements of the problem are chosen.

To do the research appropriately, both Qualitative and Quantitative analysis is very much necessary
in getting the appropriate results and it is essential to evaluate the data and respond to the revised
questions. As already indicated in the before chapter, data is interpreted in a descriptive type.

This chapter comprises the analysis, appearance, and explanation of data conclusion resulting from
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this research and the analysis and interpretation of data consist of results based on the questionnaire.

The analysis and interpretation of data are carried out in two different phases.

1. The first constituent consists of results found on the questionnaire

2. The second component consists of hypothesis testing of the variables.

INTERPRETATION

Analysis clearly states that most of the respondents working in the company has an years of
experience in their field of work in the concerned department and the diagram also shows the age of
respondents, by this, we can analyze that 30 employees are between the age group of 45 and above, 9
employees are between the age of 35 -45 years and 11 number of employees are between the age of 25-
35 years. Thus a large amount of the employees are experienced.

CONCLUSION

At the end of the training at ASHLEY ALTEAMS INDIA LTD it is highly satisfying for learning
the practical application of the field of study. This training has immensely benefited and could strongly
hope that it will help greatly in pursuance of career. The internship in ASHLEY ALTEAMS INDIA
LTD was a stepping stone to my career building. It’s good to know more about the administration and the
valuable information about the company helped to develop management skill and the entry organizational
culture has been studied through this internship.

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ANNEXURE:

BLIOGRAPHY:

www.ashleyalteams.com

www.indeed.com

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