HR POLICIES OF TATA AIG

By:
Ronald Fernandes
101227
Sec-B(2)
Organizational Structure of TATA AIG
 Sources of Recruitment
• Placement Agencies and Consultants
• Campus Recruitments
• Off-campus Recruitments
• Internal Job Postings
• Promotions(existing employees)
• Moving across verticals(existing employees)
 Compensation of Employees
• Basic- 30% of annual salary
• Bonus(yearly)
• HRA
• Medical Allowance
• Conveyance Allowance
• Other Allowance(Food, mobile phone bills,
etc.)
 Training and Development of
Employees

• Company conducts on-the-job training(OJT) programs for its

employees.
– Functional programs- for expertise in respective domain.
– Talent Acceleration programs- improving soft skills
• Eligibility Criteria: voluntarily by self nomination or when
nominated by the branch managers.
• Duration: Monthly or Quarterly or Weekly depending upon
product and requirement.
• E-learning courses and Insurance Institute of India courses.
• Career progression programmes
• Leadership Development ladder
 Special Motivational Programmes
• Friday Movie Mania
• Recharge zone
• Sports Club
• Annual Theme Party
• Celebration Week
• Town Hall
• World of Work(WOW)
 Rewards and Recognition for
employees
• The Success Matrix is a programme where they
recognize the performance and contribution of
employees through timely measures. This was
inspired by the mythological theme of Greek Gods
combined with the blockbuster "The Matrix.”
– consists of three categories for recognizing Individuals,
Teams on a Monthly, Quarterly & Annual basis as well as
SPOT Recognition.
– recipients are acknowledged for their contribution though
Awards and citations displayed on the "Wall of Fame" at all
the branches.
 Employee Retention Strategy
• Career Progression Programmes
• Various motivational measures and programmes
for employees as well as their family members.
• Performance based appraisal
• Performance based work culture
• Provides work-life balance
 Equal Opportunity Employer
• TATA AIG does not discriminate
between men and women while
employing people. Men as well
as women are considered
equally even if a particular job is
very challenging and difficult.
• It also provides employment to
physically disabled people.