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HRM – CHP 5 & 6

Ch. 5 – Compensation and Benefits.

 Add Compensation policy of the company

Certainly! Info Edge (India) Limited has a compensation program designed to attract,
retain, and reward premium talent. Here are some key aspects of their compensation
philosophy:

1. Total Compensation: Info Edge strives to pay highly competitive total compensation
to employees consistently exceeding expectations.
2. Variable Pay: To meet strategic goals, they utilize variable pay based on individual
goals and overall company objectives.

Now, let’s delve into the specifics of Hitesh Oberoi, the CEO of Info Edge (India):

 CEO Compensation:
o Total Compensation: ₹27.23 million per year.
o Composition: Comprised of 55.2% salary and 44.8% bonuses, including
company stock and options.
o Direct Ownership: Hitesh Oberoi directly owns 5.04% of the company’s
shares, worth ₹36.47 billion.
o Tenure: He has been the Managing Director and Chief Executive Officer
since July 26, 2010, with a tenure of 13.8 years.
 Leadership Team Compensation:
o Sanjeev Bikhchandani (Founder): ₹28.10 million.
o Chintan Thakkar (CFO & Whole Time Director): ₹32.99 million.
o Jaya Bhatia (Company Secretary & Compliance Officer): ₹5.41 million.
o And other members of the leadership team.

Additionally, Info Edge offers 12 weeks of full pay maternity leave for women employees
who choose surrogacy for childbirth. Men employees are entitled to 1 week of paternity
leave.

 Search for the Various employee perks and benefits provided by the
company to their employees.

Certainly! Here are some of the employee perks and benefits offered by Info Edge (India)
Ltd. to its employees:
1. Paid Sick Leave: Employees receive paid sick leave to take care of their health when
needed.
2. Cell Phone: The company provides cell phones to employees.
3. Laptop / Notebook Computer: Employees are equipped with laptops or notebook
computers.
4. Paid Holidays / Vacation: Info Edge offers paid holidays and vacation time.
5. Casual Dress/Atmosphere: The work environment allows for casual dress.
6. Car Allowances/Expenses/Mileage Reimbursement: Employees may receive car
allowances or mileage reimbursement.
7. Life Insurance/Disability: The company provides life insurance and disability
coverage.

Additionally, Info Edge emphasizes employee well-being through holistic health programs
and support for overall wellness.

 Design on CTC Structure for Blue caller, Salaried and Top management
Employee (3 CTC Sheet expected).

Certainly! Here are the CTC (Cost to Company) structures for three different employee
categories at Info Edge (India) Ltd.:

1. Blue Collar Employee:


o Basic Salary: ₹300,000
o House Rent Allowance (HRA): ₹60,000
o Conveyance Allowance: ₹12,000
o Medical Allowance: ₹15,000
o Special Allowance: ₹30,000
o Performance Bonus: ₹20,000
o Provident Fund (PF): ₹36,000
o Gratuity: ₹15,000
o Total CTC: ₹450,000
2. Salaried Employee:
o Basic Salary: ₹600,000
o House Rent Allowance (HRA): ₹120,000
o Conveyance Allowance: ₹24,000
o Medical Allowance: ₹30,000
o Special Allowance: ₹60,000
o Performance Bonus: ₹40,000
o Provident Fund (PF): ₹72,000
o Gratuity: ₹30,000
o Total CTC: ₹900,000
3. Top Management Employee:
o Basic Salary: ₹1,200,000
o House Rent Allowance (HRA): ₹240,000
o Conveyance Allowance: ₹48,000
o Medical Allowance: ₹60,000
o Special Allowance: ₹120,000
o Performance Bonus: ₹80,000
o Provident Fund (PF): ₹144,000
o Gratuity: ₹60,000
o Total CTC: ₹1,800,000

These figures represent the approximate compensation structures for each category. Keep in
mind that actual CTCs may vary based on individual negotiations and company policies.

Ch. 6 – Training and Development –


 Add Training and Development policy of the company

Certainly! Info Edge (India) Limited places significant emphasis on employee development
and learning. Here are some aspects of their Training and Development policy:

1. Training Hours:
o The company invests in employee growth by providing more than 800
training hours annually.
o These training sessions cover 90+% of their employees each year.
2. Training Offerings:
o Instructor-led Sessions: They offer in-house instructor-led training sessions.
o Content: The training content covers both behavioral and functional
aspects.
o World-Class Content: The training material is of high quality and designed
to enhance employee skills.
3. Prevention of Sexual Harassment:
o Info Edge maintains a gender-neutral, zero-tolerance policy towards sexual
harassment at the workplace.
o All employees are mandated to undergo training on prevention of sexual
harassment within 30 days of joining, with regular follow-up sessions.

These initiatives reflect Info Edge’s commitment to fostering a culture of continuous learning
and ensuring a safe and respectful work environment for all employees.

 Search for the various training Programmes initiatives by the company


for their employees

Certainly! Info Edge (India) Limited places significant emphasis on employee development
and learning. Here are some aspects of their Training and Development policy:

1. Classroom Training:
o More than 800 training hours covering 90+% of their employees year on
year.
o Offering available for every stage in an employee’s journey.
o Instructor-led training sessions which are designed and delivered in-house.
o World-class content delivered on behavioral and functional aspects.
2. Digital Learning:
o More than 40% of their people upskill themselves every year through this
initiative.
o Access to over 2000+ courses hosted across MOOC platforms and brought
together through a single in-house LMS portal.
o Aligned to business needs, this platform provides employees access to world-
class content at the click of a mouse, available anytime, anywhere.
3. Knowledge Sharing:
o 120+ knowledge sharing sessions conducted last year with huge
participation.
o “Lunch and learn” series provides an opportunity to learn from leaders and
peers across functions and business.
o Focus on sharing best practices, new ideas, breakthroughs, and discussing how
to leverage them.
4. Top Talent Academy:
o 18-24 months learning journeys custom-created for critical talent.
o Mix of classroom trainings, self-paced learning, and on-the-job action
learning.
o Approximately 150 employees embarked on their leadership journey in the
last two years, closely mentored by their leaders.
o Certifications provided based on frequent assessments and stakeholder
feedback.
5. Leadership Development:
o Access to world-class leadership trainings from top colleges like Wharton,
MIT, Columbia, ISB, IIMs, etc.
o Focused leadership development for enabling capability building from a long-
term perspective.
o One-on-one coaching, individual and group workshops, boot camps, and off-
campus/on-campus programs.
6. Advanced Education:
o Opportunity to further education in domains like data science.
o Access to nano-degrees, distance-learning, and e-learning courses from top
colleges.

 Design, Training calendar and Training need analysis, Training


evaluation forms.

Info Edge India Ltd. Training Framework

This document outlines a framework for designing a training program for Info Edge India
Ltd., including a Training Calendar, Training Needs Analysis, and Training Evaluation
Forms.
1. Training Needs Analysis (TNA):

The TNA is the foundation for any effective training program. It identifies the skills and
knowledge gaps within the workforce and determines the specific training needs of
employees. Here's how to conduct a TNA for Info Edge:

 Data Collection:
o Conduct surveys and interviews with employees across departments.
o Analyze performance data to identify areas for improvement.
o Review job descriptions and industry trends to identify future skill
requirements.
 Analysis:
o Categorize skill gaps by department, role, or individual.
o Prioritize training needs based on urgency, impact, and cost.
 Recommendations:
o Based on the analysis, recommend specific training programs, including:
 Soft skills training (e.g., communication, leadership)
 Technical skills training (e.g., new software, data analysis)
 Compliance training (e.g., legal regulations)
2. Training Calendar:

The Training Calendar outlines the specific training programs offered throughout the year.
Here's how to design it for Info Edge:

 Content: Include training program titles, target audience, dates, duration, trainers,
and delivery methods (e.g., in-person, online).
 Frequency: Consider offering a mix of ongoing training (e.g., monthly soft skills
workshops) and periodic training (e.g., annual compliance updates).
 Alignment with TNA: Ensure the calendar addresses the key skill gaps identified in
the TNA.
 Accessibility: Make the calendar easily accessible to all employees through the
company intranet or internal communication channels.
3. Training Evaluation Forms:
Evaluation helps assess the effectiveness of the training program. Here's how to design
evaluation forms for Info Edge:

 Pre-training Survey: Gauge employees' existing knowledge and expectations before


the training.
 Post-training Assessment: Evaluate knowledge gain through quizzes, simulations, or
projects.
 Feedback Survey: Capture employee feedback on the training content, delivery
method, and trainer effectiveness.
 On-the-Job Application: Monitor how effectively employees apply the learned skills
in their day-to-day work.
Additional Considerations:
 Budget: Allocate resources for training program development, delivery, and
evaluation.
 Trainers: Utilize qualified internal or external trainers with relevant expertise.
 Technology: Use appropriate learning management systems or online platforms to
facilitate training delivery and access.
 Recognition: Recognize and reward employees for their participation and successful
completion of training programs.
By implementing a comprehensive training framework that includes a TNA, Training
Calendar, and Training Evaluation Forms, Info Edge India Ltd. can ensure its
workforce is equipped with the necessary skills and knowledge to achieve success.
It's important to note that this is a general framework, and Info Edge may need to tailor
it to their specific needs and industry.

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