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COLLEGE OF STATISTICAL AND ACTUATIAL SCIENCES________________________

All praises to ALLAH ALMIGHTY, who guides us in the


darkness and all respects for the Holy Prophet MUHAMMAD
(PBUH) who enables us to recognize our creator.

This dissertation would not have been possible without


the encouragement and generosity of number of people. We are
very thankful to Prof. Dr. Shahid Kamal who provided to us the
opportunity to conduct this research work. And whose kind help
was always been with us throughout the duration of our project.

We would also like to express any deepest gratitude to


my respected teacher and supervisor Prof. Sufyan Khan for his
advice, guidance, suggestions and criticism through out the
project. We would also like to acknowledge all the faculty
members of the institute of the College of Statistic and Acturial
Science for educating and training us the computer skills so that
we become able to this research work.

We feel highly obliged and want to express us deepest


heartiest gratitude to our family their encouragement, help and
constant support. Our sincere appreciation and thanks to our
sisters and friends who were always with us and helped us at
every stage of the project.

SYED ASAD ALI BOKHARI


ADEELA NASIR
AFZAL SHAUKAT
SHAHANA NOOR

COLLEGE OF STATISTICAL AND ACTUATIAL SCIENCES________________________


• COMPANY’S INFORMATION
History
Introduction
Vision and Mission
SWOT Analysis
Strategy and Strategic goals
• HUMAN RESOURCE MANAGEMENT
Introduction
Hierarchy
Vision and Mission
Process of HR
Benefits
• SALES DEPARTMENT
• MARKETING DEPARTMENT
• FINANCE DEPARTMENT
• OPERATIONAL DEPARTMENT

Appendix A _____________________________Advertisement
Appendix B _____________________________Job Description
Appendix C _____________________________C.Vs

COLLEGE OF STATISTICAL AND ACTUATIAL SCIENCES________________________


• COMPANY INFORMATION:

INTRODUCTION:
Pak Elektron Limited (PEL) is the pioneer manufacturer
of electrical goods in Pakistan. The company has always
been contributing towards the advancement and
development of the engineering sector in Pakistan by
introducing a range of quality electrical equipments and
home appliances and by producing hundreds of engineers,
skilled workers and technicians through its apprenticeship
schemes and training programmes.
The company comprises of two divisions:
o Appliances Division
o Power Division

 APPLIANCES DIVISION:
REFRIGERATORS

 Door-Galaxy
 Door-Galaxy

 Compressor-Dan Foss
 Compressor-Dan Foss

 5 years Compressor & 1 year Parts Warranty

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 5 years Compressor & 1 year Parts Warranty

AIR CONDITIONERS

• Free Installation Kit • Super quiet operation

• Maximum dehumidification
• Self-diagnosis and auto-protection
• Anti-rust cabinet
• Auto restart function
• Two-direction air flow (SLR)
• Two-direction air flow (SLR)

MICROWAVE OVEN

• 5 years Magnetron Warranty • 5 years Magnetron Warranty

• Smart Intelli-menu • Smart Intelli-menu

• 360 degree cooking system • 360 degree cooking system

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WASHING MACHINES

• One year parts & service warranty


• One year parts & service warranty
• Japanese technology
• Japanese technology
• Built-in energy saver

WATER DISPENSERS

• Hot & cold water • Hot & cold water

• Refrigerator • Refrigerator

GENERATORS

COLLEGE OF STATISTICAL AND ACTUATIAL SCIENCES________________________


• Built-in AMF
• Wheel mounted • Skid mounted control panel
• Key/auto start

PEL MEDIA

• PEL Super Brands • PEL Appliances

• Combined products • Refrigerator

• Refrigerator • Split Air Conditioner

SPLIT AIR CONDITIONER

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• Allergy Care Kit • Modern & Luxury Design

• Cyclotron Plasma • Jet Cool

• 10m Power Flow • Gold Fin Anti Corrosion

• Jet Cool • Nero Plasma Plus Air Purifying System

• Gold Fin Anti Corrosion • Jet Cool

 POWER DIVISION:

PEL is now technology forerunner and market leader in


providing new products and services to meet ever changing
and technology intensive needs of its customers.
 EPC contracting
 Power Transformers
 Distribution Transformers

COLLEGE OF STATISTICAL AND ACTUATIAL SCIENCES________________________


 Energy meters
 MV and LV Switchgears
 Control and protection equipment

• EPC Contracting:
To meet the demand of commercial and industrial
activities, more and more power utilities and other customer
demand PEL established an Engineering Procurement and
Construction Division. PEL EPC Division consists of human
resource with high academic qualifications and experience of
local as well as global market. The EPC division delivers
custom designed and built solutions in following areas.
 132kV and 220kV grid stations for power utility
companies.
 132kV and 11kV substations for industrial and
commercial customers.
 Integration of private captive power generation
plants into utility network for sale of their surplus
power to utility companies.
 Electrification of housing projects and industrial
parks.

o Projects Completed:

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1. 132/11kV AIS Satellite Town substation, Rawalpindi
Pakistan
2. 132/11kV GIS DHA substation Islamabad-Pakistan
3. 132/11kV AIS Ghuinke substation, Sialkot-Pakistan
4. 132/11kV AIS Kamra substation, Attock-Pakistan
5. External Electrification of Askari Villas Phase-II,
Lahore-Pakistan
6. Kohinoor City Faisalabad (Electrification &
Networking)
7. Supply, supervision of installation and testing of MV
and LV equipment for external electrification of DHA
Phase-6 Lahore-Pakistan
8. External Electrification of National University of
Science & Technology (NUST) Islamabad-Pakistan
9. External electrification of Iqbal Avenue housing
society Lahore-Pakistan
o Projects under construction:

1. 132/11kV GIS Sheranwala Gate substation, Lahore-


Pakistan
2. 220kV Dadu grid station Extension Dadu – Pakistan
3. 132/11kV FIEDMC AIS substation Faisalabad-
Pakistan
4. Electrification of 4 small towns (Mangla Dam raising
project)
5. Underground external electrification of DHA Ph-8
Lahore-Pakistan
6. External electrification of House Building Finance
Corporation Lahore-Pakistan
7. External electrification of DHA Homes Complex
Lahore-Pakistan

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• Power Transformer:

Extensive experience and success in manufacturing


distribution transformers led to the establishment of power
transformer division in 2005. In order to provide its
customers the best technology and products of international
competence, PEL has combined its technical expertise with
GANZ, a renowned and experienced Hungarian transformer.

• Distribution Transformer:
PEL made distribution transformers’ range includes oil
immersed core type transformers, Dry type (VP impregnated)
transformers and autotransformers.
• Switchgears:
MV and LV switchgears are produced for indoor and
outdoor installations. The switchgear and their key
components comply with the requirements of all significant
international standards and regulations i.e. IEC, BSS or VDE.

• LV distribution Panel
• MV metal clad switchgear cubicles

• MV pad mounted transformers • LV Power Factor


Improvement Plant

• Motor Control Centre


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(MCC)
• Kiosk Type Compact Sub-Stations

• Other MV Equipments

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HISTORY:

In 1948, the Saigols migrated from Calcutta and


initiated their business in Lyallpur (later named to as
Faisalabad), the textile city of Pakistan, under the banner of
Kohinoor Industries Limited.
Kohinoor Textile Mills:
The Saigols set up the first major textile unit – The
Kohinoor Textile Mills under the umbrella of Kohinoor
Industries Limited. The Kohinoor Textile Mill has state-of-the-
art quality control from raw material to finished product
manufacturing.
Pak Elektron Limited (PEL):
In 1978, the Saigol Group of Companies purchased
major shares of Pak Elektron Limited. At that juncture, the
company was only manufacturing transformers and
switchgears. With the Saigols in management, PEL started
expanding its product range by entering into Air Conditioner
manufacturing.
 In 1981, PEL window type Air Conditioners were
introduced in technical collaboration with General
Corporation of Japan.
 In 1986-87, the company started manufacturing of
refrigerators in technical collaboration with M/s IAR-
SILTAL of Italy.

COLLEGE OF STATISTICAL AND ACTUATIAL SCIENCES________________________


 In 1987, PEL deep freezers were also introduced in
technical collaboration with M/s Ariston of Italy.
 In 2006, the company has started manufacturing of
split type Air Conditioners of various capacities as the
customer choice has shifted from window type to
split type air conditioners.

Today PEL has become a household name. Its products are not
only in great demand in the local market but the Company has
also started exporting its appliances to foreign markets.

BOARD OF DIRECTORS:
Mr. Naseem Saigol (Chairman/Chief Executive)
Mr. Azam Saigol
Mr. Murad Saigol
Mr. Haroon Ahmad Khan (Managing Director)
Mr. Homaeer Waheed
Mr. Muhammad Rafi Khan
Mr. Gul Nawaz (NIT Nominee)
Mr. Masood Karim Sheikh (NBP Nominee U/S 182 of the
ordinance)
Mr. Tajammal H. Bokharee (NBP Nominee U/S 182 of
the ordinance)

COLLEGE OF STATISTICAL AND ACTUATIAL SCIENCES________________________


Mr. Wajahat A. Baqai (NBP Nominee U/S 182 of
the ordinance)

AUDIT COMMITTEE:
Mr. Azam Saigol (Chairman/Member)
Mr. Haroon A. Khan (Member)
Mr. Tajammal H. Bokharee (Member)
Mr. Gul Nawaz (Member)

COMPANY SECRETARY:

Sheikh Muhammad Shakeel FCA

CHIEF FINANCIAL OFFICER:


Syed Manzar Hasan FCA

AUDITORS:
M/s Yousaf Adil Saleem & co.
Chartered Accountants

LEGAL ADVISORS:
M/s Hassan & Hassan Advocates

BANKERS:
Bank Alfalah Limited
Bank of Punjab
Deutsche Bank

COLLEGE OF STATISTICAL AND ACTUATIAL SCIENCES________________________


Faysal Bank Limited
KASB Bank Limited
Standard Chartered Bank
My Bank Limited
National Bank of Pakistan
NIB Bank Limited
Royal Bank of Scotland Limited

COLLEGE OF STATISTICAL AND ACTUATIAL SCIENCES________________________


COLLEGE OF STATISTICAL AND ACTUATIAL SCIENCES________________________
 Production Quality  Heavy Debt
 Customer loyalty
 Existing workload
 Distribution
too great
channels
 Technological Skills
 Leading brands

 Technological  Technological
advances advances
 Lower personal  Tax increases
taxes  Changes in
 Changing customer government politics
tastes
 New distribution
 New distribution
channels channels

COLLEGE OF STATISTICAL AND ACTUATIAL SCIENCES________________________


STRATEGY AND STRATEGIC GOALS:

 To excel in providing engineering goods and services


through continuous improvement.
 To provide quality products and services to the
complete satisfaction of our customers and maximize
returns for all stakeholders through optimal use of
resources.
 To focus on personal development of our HR to meet
future challenges.
 To promote good governess corporate values and a
safe working environment with a strong sense of social
responsibilities.

COLLEGE OF STATISTICAL AND ACTUATIAL SCIENCES________________________


• HUMAN RESOURCE MANAGEMENT:

Human Resource Management is


the function within an organization that focuses on
recruitment and selection, learning and development,
performance management and organizational development
and providing direction for the people who work in the
organization.
HIERACHY:
G.M. HR

COLLEGE OF STATISTICAL AND ACTUATIAL SCIENCES________________________


Manager Manager
Recruitment and Performance and
Selection Compensation

HR Executive
HR HR HR
Executive Executive Executive

HR
Executive

Manager
Learning and
Development

HR Executive HR Executive HR Executive

NUMBER OF MANAGERS & WORKERS:

HR department work under two divisions


i.e. Appliances and Power division and about 850 managers
are in the Company. 4000 workers are working in the
Company.

COLLEGE OF STATISTICAL AND ACTUATIAL SCIENCES________________________


GRADE CRITERIA:
Managers of company are divided into the following
grades.
i. Junior Executive
ii. Executive 3
iii. Executive 2
iv. Executive 1
v. Manager 1
vi. Manager 2
vii. Manager 3
viii. Manager 4
ix. Manager 5
x. Manager 6

VISION:
 To achieve excellence through innovative HR
practices and continuously exceeding our PEOPLE
expectations.
 To manage talent and build capabilities of our
people thus enabling them to deliver sustained
performance.

MISSION:

 To facilitate them in creating a collaborative work


environment that develops a culture of continuous
learning.

COLLEGE OF STATISTICAL AND ACTUATIAL SCIENCES________________________


PROCESS OF HR:
1. Recruitment and Selection.
2. Learning and Development.
3. Performance Management.
4. Organizational Development.

 RECRUITMENT AND SELECTION:


Recruitment and selection process is
a process in which company hire the persons for the required
job. The Company takes two steps for hiring.
i. Employee Requisition Process.
ii. HR (Recruitment and Selection).

i. Employee Requisition Process:


In this process the Company use Man
Power Requisition Form with the help of which they hire the
persons for the jobs. Requisition form contains Title of
position, Grade, No. of vacancies, Education, Experience, and
Age etc.
ii. HR (Recruitment and Selection):
 First of all the Company advertised for the new
vacancies of the Company. PEL make
advertisement through Red communication
which takes from them 350000 per advertisement
then they

pick data of the candidates using software which is


called RMS.
 Then they done short listening.

COLLEGE OF STATISTICAL AND ACTUATIAL SCIENCES________________________


 After short listening they do telephoning screening.
 Then HR manager take interviews of the
candidates.
 After interviews technical interviews are done by
HR.
 Then they finally hire the persons for the job.
Required Documents:

 Offer Letter (1 page)


 Employment Form.
 Joining Form.
 Appointment Form (2 pages)
 Orientation (1 page)
 Placement.

 LEARNING AND DEVELOPMENT:


Learning and development is basically
the name of Training and Development. PEL change the
name of training and development process into Learning and
Development last year. Learning and Development divided
into two steps.
1. Need Analysis/performance Analysis.
2. Programs.

1. Need Analysis/Performance Analysis:

In need analysis the Company analysis


the performance of the staff. They analyses through

COLLEGE OF STATISTICAL AND ACTUATIAL SCIENCES________________________


i. Observation.
ii. Interviews.
iii. Meetings etc.

2. Training Programs:
There are two programs run by PEL for providing
training to the managers and employees of the Company.

i. OEP. (Open Enrolment Program)


ii. PCP. (PEL Customized Program)

i. OEP: (Open Enrolment Program)

PEL uses Open Enrolment Program in


which 1 to 3 persons of the Company recommended by Head
of Department for external training. OEP is an outhouse
training program. The trainers charge 50,000 per day which
is given by the management of the Company.

ii. PCP: (PEL Customized Program)


PEL Customized Program is a training body
within the Company. PCP is an in house training program.
They do course material preparation in this program to their
employees. Company chooses 60 persons for this which
has been given the training of 1 day.

After giving one day training to the employees


Training Evaluation Program is done in which they use
training evaluation form.
Then they make analysis.

COLLEGE OF STATISTICAL AND ACTUATIAL SCIENCES________________________


 PERFORMANCE MANAGEMENT:
The Company evaluates the performance
of the employees. For this purpose they use software which
is called performance management development program
(PMDP). Performance Management Development Program
is such software which consists of goal setting of the
managers. The Company takes following steps:
 Meeting / Interviews by HOD (Goal setting of
850 managers)
 After 6 months review of goals and self
learning.
 After 1 year appraisal.

Criteria of Goal setting:

 Goal setting 60% (4 Goals of HR Executive Manager)


 Self learning 40%

 ORGANIZATIONAL DEVELOPMENT:

In organizational development the


Company takes steps to change the culture and for this
purpose they arrange seminars, fairs, trips, business
dinners etc.

BENEFITS:

1. Overtime facility:

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Overtime facility is given to the employees but
in these days they are not providing this facility due to
certain circumstances.
2. Medical facility:

Unlimited Medical facility is provided to


the employees and managers but only for wife and
children not for the whole family.
3. Mess facility:
Mess facility is provided to managers only and
they pay 1000 per month for this facility.
There is a workers canteen in the Company
and they pay 1.5 rupees per day for this facility.
4. Mobile facility:
Mobile facility is only provided to the managers
up to 1400.
5. Provident fund:
Company also provides provident fund facility to
the managers. The amount of provident fund is deducted
from the salaries of the managers which is paid after the
retirement.
6. Bonus:
3 bonuses are provided on basic salary to every
person per year.

7. Leaves facility:

COLLEGE OF STATISTICAL AND ACTUATIAL SCIENCES________________________


Three types of leaves are provided to all the
employees by the Company.
 Sick leave.
 Paid leave.
 Casual leave.

• OPERATIONAL DEPARTMENT:
Operational department of the Company manage the
operational system of the company. The Operational
Manager manages the material, quality and cost of the
products.

• FINANCE DEPARTMENT:
Finance department of the Company manages the
financial system of the Company. The financial system is
composed of consumers, manufacturers and distributors. The
financial manager manages the financial system and
provides or raises funds for the purpose of the business.

• MARKETING DEPARTMENT:
Marketing department of the Company manages the
process of planning and executing the conception, pricing,
promotion, and distribution of ideas, goods, services,
organizations, and events to create and maintain
relationships that will satisfy individual and organizational
objectives. The marketing manager is responsible for
formulating, planning, executing and evaluating the
marketing function.

COLLEGE OF STATISTICAL AND ACTUATIAL SCIENCES________________________


• SALES DEPARTMENT:

Sales department of the Company manages the sales


functions of the business. Sales manager works for
enhancement of sales. The manager is responsible to
achieve quantitative sales goals.

CONCLUSION:

Pak Elektron Limited’s capabilities in the


electronic sector are well recognized. Its experts provide us a
wide range of products which includes appliances and power
products. Its products are matchless in quality and standard
and these products fulfill the needs and wants of the
customers.

SUGGESTIONS:

 PEL should reduce its heavy debt to minimize the


risk.
 It should promote equity financing in the business.
 Workers salaries should be increased
 Incentives and compensation should be provided to
the employees working in the organization.

COLLEGE OF STATISTICAL AND ACTUATIAL SCIENCES________________________


• HR Department
• Sales Department
• Operational Department
• Marketing Department
• Finance Department

COLLEGE OF STATISTICAL AND ACTUATIAL SCIENCES________________________


• HR Department
• Sales Department
• Operational Department
• Marketing Department
• Finance Department

COLLEGE OF STATISTICAL AND ACTUATIAL SCIENCES________________________


• HR Department
• Sales Department
• Operational Department
• Marketing Department
• Finance Department

COLLEGE OF STATISTICAL AND ACTUATIAL SCIENCES________________________

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