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What Is Human Resource Management?


Human Resource Management is the organizational function that deals with issues related to people such as compensation, hiring, performance management, organization development, safety, wellness, benefits, employee motivation, communication, administration, and training.

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HCL Technologies is a leading global IT services company with over $2 billion revenues. In February 2005, Vineet Nayar, CEO, HCL Technologies announced a radical new philosophy, Employee First, Customer Second (EFCS). Through this philosophy the aim was to create a unique employee organization, drive an inverted organizational structure, create transparency and accountability within the organization, and encourage a value driven culture.

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WELCOME TO VOLVO
Volvo provides transportation related products and services with focus on quality, safety and environmental care. Founded more than 80 years ago, a solid position and reputation worldwide has been built up over the decades. The brand is shared between Volvo Group and Volvo Cars

PROBLEMS
1.Increase in absentism rates. 2.Increase in employee turnover. 3.Increase in HR cost. 4.Dissatisfaction of employees. 5.Change in socioeconomic condition in Sweden. 6.Diversity in workforce. 7.Financial problem.

CSR
We begin our CSR with being a good neighbour We cultivate long-term relationships with employees, suppliers and other industry partners to bring high-quality products to the marketplace. We build the safest trucks on the road for drivers and for the traveling public. We work diligently to reduce the impact our trucks and our facilities have on the environment.

HR policy

HR policy
Our attitude towards employment and hiring at Volvo Vostok is based on the HR policy presented below.

Encouraging diversityAt Volvo Vostok it does not exist a stereotype ideal employee. We want our co-workers to use their individual qualities in order to find new and original approaches to solving problems.

HR policy
Team spiritWe aspire to create a company culture promoting a continuous exchange of experiences, creative thinking and the use of different approaches in the process of solving a task.

HR policy
Professional growthWe challenge our employees with tasks that demand maximal commitment and offer those how do well great career opportunities. RewardThe corporate employee reward policy provides favourable conditions and individually adjusted rewards based on results.

HR policy
TrainingWe give our employees the possibility of further professional growth, using both internal and external resources.

THANK YOU
PRESENTED BY:- ROHIT SHARMA SANJAY PANDEY RUPEN BARUA

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