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    UNIVERSITYOFMUMBAI

    PROJECT REPORT ON

    ADMINISTRATION IN HUMAN RESOURCE

    IN PARTIAL FULFILLMENT FOR

    MASTER OF MANAGEMENT STUDIES (M.M.S)

    UNDER THE GUIDANCE OFPROF. (MRS.) DEEPA NAIR

    SUBMITTED BY

    SWATI JADHAV

    F.Y.M.M.S

    2012-2013

    Dr. G.D. Pol Foundation

    YMT COLLEGE OF MANAGEMENT

    Institutional Area, Sector-4, Kharghar, Navi Mumbai 410210

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    CERTIFICATE

    This is to certify that

    Mr. /Ms. SWATI JADHAV of DR.G.D.POL FOUNDATION, YMT COLLEGE OF

    MANAGEMENT of FYMMS has undertaken and completed the project work titled

    ADMINISTRATION IN HUMAN RESOURCE During the academic year2012-2013under

    the guidance of Mr. /Mrs. DEEPA NIAR submitted on ____________ to this college in

    fulfillment of the curriculum of Master of Management Studies, University of Mumbai.

    Project Guide MMS HOD DEAN External Examiner

    Date:

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    COMPANY CERTIFICATE

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    DECLARATION

    I, SWATI JADHAV student of FYMMS, DR.G.D.POL FOUNDATION, YMT COLLEGE

    OF MANAGEMENT hereby declare that I have completed the project report on

    ADMINISTRATION IN HUMAN RESOURCE in the academic year 2012-2013. The

    information submitted by me is true & original to the best of my knowledge.

    Signature

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    ACKNOWLEDGEMENT

    It gives immense pleasure in presenting the project on administration in human resource.

    I would like to thank my project guide Prof (Mrs.) Deepa Nair for her great help, valuable

    opinions, advice and suggestion in fulfillment of this project.

    I am also grateful to Mr. Maxim Pinto (branch head, fort, Mumbai) for providing me huge

    huge knowledge to make this project success. I am also thankful to Miss. Deepika Patankar

    (Administration department). I convey my deep appreciation to them for sparing their

    valuable time and efforts, so as to make me capable of presenting this project.

    I am thankful to our college for all the possible assistance and support, by making available

    the required books and computer lab which have proved useful to me in successfully

    completing my project.

    I also wish to thank my family members whose efforts and creativity helped me in giving the

    final structure to the project.

    I hope that I have succeeded in presenting this project to the best of my abilities

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    Sr. No. TABLE OF CONTENT Page No.

    1

    2

    EXECUTIVE SUMMARY

    SCOPE OF THE PROJECT STUDY

    OBJECTIVE OF THE STUDY

    RESEARCH METHODOLOGY

    Part I

    INTRODUCTION TO ADMINISTRATION

    THE ROLE OF THE DEPARTMENT OF

    ADMINISTRATION AND HUMAN RESOURCE

    HR FUNCTIONS AND ADMINISTRATION

    INTRODUCTION TO HUMAN RESOURCE

    RESEARCH METHODOLOGY

    LIMITATION OF THE PROJECT

    PART II

    COMPANY PROFILE

    HISTORY OF AXIS BANK

    ORGANISATION CHART

    BENEFITS

    8

    9

    10

    11

    12-14

    15-18

    19-24

    25-28

    28

    29

    30-35

    36-42

    43-44

    45-49

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    3 H.R. DUTIES

    PART III

    THEORITCAL BACKGROUND OF THE BANK

    DATA ANALYSIS AND INTERPRETATIONS

    FINDINGS

    RECOMMENDATIONS AND SUGGESTIONS

    BIBLIOGRAPHY

    ANNEXURE (QUESTIONNAIR)

    50-53

    54-60

    61

    62

    63

    64

    65-66

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    EXECUTIVE SUMMARY

    In todays rapidly changing business environment, organizations have to respond quickly to

    requirements of people. The market has been witnessing growth which is manifold for lastfew years. Many players have entered the economy thereby increasing the level of

    competition. In the competitive scenario it has become a challenge for each company to

    adopt practices that would help the organization standout in the market. The

    competitiveness of the company of an organization is measured through the quality of

    products and services offered to customers that are unique from others.

    Administration is one of the major departments in every organization. It has a various

    functions. It plays an important role in human resource.

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    SCOPE OF THE PROJECT STUDY

    The success of any study can be measured by the usefulness of its outcomes to the

    business concern or an organization and the society at large. Any organization would love to

    have an extremely motivated force since it is the key to a successful business.

    The study is an effort towards analyzing the different factor prevailing in the organization,

    which have for reaching effects on the overall performance of the organization.

    The survey being an exercise, the employees without revealing their identities can

    comfortably express their opinion. It acts as an indicator of the overall atmosphere in the

    organization useful for the management to implement any changes, if fells necessary.

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    RESEARCH METHODOLOGY

    I had done 10 peoples survey regarding their work:-

    Incentives :

    Bank provides good incentives to their employees. Employees are satisfied with their

    incentives.

    Promotions :

    They give promotions to their employees on the basis of their performance.

    Induction :Good induction programmed will be held for the new employees.

    Target :

    In administration employees dont want any selling or target job. They want to focus

    only on administration activities.

    Working hours :

    Working hours are more than other branches of the axis so they want less working

    hours.

    OBSERVATION:

    I observed that in administration department work is more than other department of thebank. In administration people have to maintain each and every record or transaction in theirdepartment.

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    Part I

    INTRODUCTION

    Introduction to Administration

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    The Administrative Functionsupports the human capital budgeting activities; ensure

    compliance with federal, state and local laws; conduct workforce planning programs; support

    and enhance County diversity efforts; administer alternate staffing programs; and research,

    interpret, maintain, and develop County/employee agreements, ordinances, and Countywide

    human resource policies.

    Working as an administrationmanager is an important role that is essential for the

    successful operation of a business. These individuals can work in a variety of settings both

    small and large. While the job duties of an administration manager can vary depending on

    the business, the essential responsibilities are basically the same. These include hiring and

    trainingpersonnel,communicating with different departments, evaluating employee

    performance, scheduling staff meetings and monitoring business finances.

    One of the most fundamental responsibilities of an administration manager is hiring and

    training personnel. In order to maintain optimal business functioning, it's vital to have

    knowledgeable and hard working employees. As a result, it's up to the administrationmanager to keep the business staffed and ensure that everyone is properly trained. It's his

    duty to review potential employee applications and conduct interviews when positions

    become available. Once a new employee has been hired, the manager typically aids in the

    training process as well.

    Another important part of the job is effectively communicating with different departments

    within a business. While this duty may be relatively easy in asmallbusiness,it can be quite

    demanding in a large business. Effective communication is essential for keeping

    departments on the same page and making everything run smoothly. Consequently, this

    position also requires considerable interpersonal skills.

    Evaluating employee performance is another key component of being an administration

    manager. In order to optimize business earnings and remain competitive, it's crucial for all

    employees to perform their work effectively. The manager ensures effective performance by

    staying up to date on information such as each employee's attendance, assignment

    completion, and sales records. If an employee meets his expectations, the manager will

    reward him. Employees who do not meet expectations may be offered counseling to help

    them get back on track.

    Another common job duty is scheduling periodic staff meetings. During this time, the

    administration manager will require employees from various departments to meet up in order

    to discuss important information. For example, he might talk about recently added company

    policies, review overall company performance, or address and resolve conflicts. Since the

    manager is responsible for running each meeting, he will need to possess significant

    leadership skills.

    An additional job role includes monitoring business finances. In order to stay on top of the

    industry, an administration manager will need to be aware of things like the company's

    budget,expenses, overhead costs and overall profits. He will also need to look at data and

    make future financial projections.

    http://www.wisegeek.com/what-is-a-manager.htmhttp://www.wisegeek.com/what-are-personnel.htmhttp://www.wisegeek.com/what-is-a-small-business.htmhttp://www.wisegeek.com/what-is-a-small-business.htmhttp://www.wisegeek.com/what-is-a-small-business.htmhttp://www.wisegeek.com/what-is-a-budget.htmhttp://www.wisegeek.com/what-is-a-budget.htmhttp://www.wisegeek.com/what-is-a-small-business.htmhttp://www.wisegeek.com/what-are-personnel.htmhttp://www.wisegeek.com/what-is-a-manager.htm
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    The role of the Department of Administration & Human Resource:

    The role of the Department of Administration & Human Resource which is basically aservice

    Department is to champion the achievement of Goal Five (5) of the Agency by creating a

    strong, productive, dynamic, efficient, and robust result-oriented workforce (by enforcing

    discipline, robust welfare package, attitudinal change, support training, and introducing aperformance based management system etc).

    Functions/responsibilities:

    Provision of support services to other departments to ensure their smooth

    operations towards the attainment of organizational goals

    Manages appointments, promotion and discipline

    Implements staff welfare programmes

    Drafts and manages policies and procedures on training and human capitaldevelopment

    Advises the Agency on Pension matters and manages the Pension funds

    Manage Establishment matters/Records (Post structure)

    Maintenance (Capital Assets, Routine)

    Transport and Supplies/Stores

    Servicing of the Board and its committees

    Design skills development strategy

    Prepares personnel reports for the Management and the Governing Board Assist the zonal offices with Personnel Appraisal

    Implements employment guidelines and procedures including Performance

    management

    Any other duty that may be assigned by the Executive Director

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    Administration activities

    Scheduling HR Interview

    New Joiners Formalities

    Collect the required documents

    Arrange Meeting with Seniors

    Providing allowances to the employees

    Leave Maintenance

    Daily Attendance Sheet

    Leave Records Maintenance

    Monthly Attendance and leave Updates, send mail to employees (if leaves any)

    Monthly Attendance and leave Updates (Send to Senior HR by 4th of every month)

    Review the monthly leave status and send report to Accounts for Salary Release by

    6th of every month

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    HR/Admin includes:

    Recruitment & selection

    Training & development

    Performance appraisal

    Employee retention Employee welfare

    Statutory compliance

    Liaison with Government officials etc.

    Administration activities like housekeeping

    Estate maintenance

    Security

    Travel & ticketing

    Pantry etc.

    Looking after day to day office activities

    Record attendance and checking attendance register Recruitment process

    Salary increment

    Counseling employees

    Preparing offer/appointment and various other letters and issue them to

    employees

    Studying performance of the employees and motivate them

    Taking in-house training sessions

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    Functions:

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    HR Functions and Administration

    Recruitment

    Recruitment Get the Job Description finalized by Person requesting the position

    Recruitment Get the position approved from Resource Manager/MD

    Recruitment Job Posting on Naukri

    Recruitment

    Prepare Process (First Round Interviewers, Interview Time, Second Round

    Interviewers)

    Recruitment Screening Profiles

    Recruitment Get profiles Shortlisted from Interviewers (if needed)

    Recruitment Scheduling Telephonic Interview, update recruitment sheet

    Recruitment Taking feedback from Interviewers, update recruitment sheet

    Recruitment Rescheduling / Scheduling Personal Interview, update recruitment sheet

    Recruitment Get Employee Information form filled by Candidate

    Recruitment Taking feedback from Interviewers, update recruitment sheet

    Recruitment If Shortlisted, Inform Seniors, update recruitment sheet

    Selection

    Selection Scheduling HR Interview - Telephonic / Personal, update recruitment sheet

    Selection Taking HR Interview - Personal / Telephonic

    Selection Offer Negotiation

    Selection Offer Letter

    Selection Follow-up on Joining - Every 15 days

    Selection Inform IT Department to arrange System 15 days before joining

    New Joinees Formalities

    New Joinees

    Formalities Call and confirm 2 day prior joining, whether joiner is coming on time

    New Joinees

    Formalities Collect the required documents (all documents mandatory)

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    New Joinees

    Formalities Document Submission

    New Joinees

    Formalities Latest Updated Resume

    New Joinees

    Formalities Certificates

    New Joinees

    Formalities Previous Experience Letter

    New Joinees

    Formalities Last Month Salary Slip

    New Joinees

    Formalities 5 Passport size Photographs

    New Joinees

    Formalities OthersSpecify

    New Joinees

    Formalities Filled Forms

    New Joinees

    Formalities Employee Joining Form

    New Joinees

    Formalities Provident Form

    New Joinees

    Formalities Salary Account Opening Form

    New Joinees

    Formalities OthersSpecify

    New Joinees

    Formalities Induction Presentation

    New Joinees

    Formalities Introduction to Organization

    New Joinees

    Formalities Conditions of Employment Entrances & Exits

    New Joinees

    Formalities Policies of Companies

    New Joinees

    Formalities Provide Staff ID Cards

    New Joinees

    Formalities Work place, equipments etc

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    New Joinees

    Formalities Introduction to colleagues

    New Joinees

    Formalities New Entrants New Job - Introduction to Superior

    New Joinees

    Formalities Arrange Meeting with Seniors

    New Joinees

    Formalities

    Send New Joinees Introduction Mail to all Employees (To - employee, CC -

    New Joinees)

    New Joinees

    Formalities

    Send Welcome Note along with Policies link to New Joinees on Mastiff Email

    ID

    New Joinees

    Formalities Complete the Induction Checklist

    New Joinees

    Formalities Complete the New joinees file and hand-over to HR Associate

    New Joinees

    Formalities Input New joinees Data in Payroll

    New Joinees

    Formalities

    Inform Senior HR about new joinees formalities completion and get the file

    reviewed

    New JoineesFormalities Meeting with New Joiner

    New Joinees

    Formalities Appointment Letter

    New Joinees

    Formalities Send mail to Accounts Department about New joiner Salary details

    Employee Confirmation

    Employee

    Confirmation Meeting with New joinee and Superior after one month

    Employee

    Confirmation Mail for Employee Performance Status after 45 days for Confirmation

    Employee

    Confirmation

    Mail to Admin for New Joinee Permanent I-Card (after taking confirmation

    from Senior)

    Training

    Training Co-ordinate with seniors about training schedule

    Training Inform Trainers about the training schedule

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    Training Get the trainers feedback form filled from Trainees

    Training Get the trainees feedback form filled from Trainers

    Training Co-ordination with Trainers for feedback of Trainees

    Training Communicate the trainees about performance feedback

    Training Employment Letter (if any)

    Training Complete the trainee employment formalities

    Leave Maintenance

    Leave Maintenance Daily Attendance Sheet Updation

    Leave Maintenance Leave Records Maintenance

    Leave Maintenance

    Monthly Attendance and leave Updates, send mail to employees (if leaves

    any)

    Leave Maintenance

    Monthly Attendance and leave Updates (Send to Senior HR by 4th of every

    month)

    Leave Maintenance

    Review the monthly leave status and send report to Accounts for Salary

    Release by 6th of every month

    Budgeting

    Budgeting Prepare HR Budget

    Budgeting Maintaining expenses list

    Budgeting Co-ordination with accounts & Admin team

    Budgeting Get the Budget approved from CEO

    Policy

    Policy Policy reviewing

    Policy Reviewing Salary Band (annually)

    Recreational

    Recreational Sending Birthday Mails

    Recreational Monthly B'day party organizing, co-ordinate with Mauj Masti Team & Admin

    Recreational Approving Budget for the party and suggestions

    Recreational Preparing Write-up about the event to be posted on Mastiff Blog

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    Others

    Others Sending salary slips to employees

    New

    New Campus Recruitment

    New Quarterly Performance Evaluation

    New Standardize Training Process

    New Organization Structure

    New Salary Band

    New Prepare Competitor Companies List

    Employee Communication

    Employee

    Communication Communicating with employees on daily basis (if any issues inform Seniors)

    Employee

    Communication Communicating with employees on daily basis (if any issues inform Seniors)

    Employee

    Communication

    Communicating with employees on daily basis (if any issues inform the

    respective Manager and Management)

    Exit formalities

    Exit formalities Talk to Employee about Resignation

    Exit formalities Talk to his Senior/Manager about his issue

    Exit formalities

    If relieving is confirmed, finalize his last date, notice period, mail the employee

    about his last date and other formalities

    Exit formalities On relieving day, conduct exit interview, get the exit form filled

    Exit formalities

    Issue necessary documents - Relieving Letter/Experience Letter/Salary Slips

    (if required)

    Exit formalities

    Collect company assets which are with him/her -library books, I-Card, others

    etc.

    Exit formalities

    Calculate his leaves, any deductions, any amount due towards the employee,

    and inform the accounts to settle the employees accounts (if relieving

    formalities are duly completed)

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    Exit formalities Inform IT Department to deactivate his Company Email Account

    Exit formalities Document his exit documents in his employment file

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    INTRODUCTION TO HUMAN RESOURCE:

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    HUMAN RESOURCE

    Human resource is a term with which many organizations describe the combination of traditionally

    administrative personnel functions with performance, Employee Relations and resource planning. The

    field draws upon concepts developed in Industrial/Organizational Psychology. Human resources has at

    least two related interpretations depending on context. The original usage derives from politicaleconomy and economics, where it was traditionally called labor, one of four factors of production (labor,

    land, capital: the overall state of technology and entrepreneurship). The more common usage within

    corporations and businesses refers to the individuals within the firm, and to the portion of the firm's

    organization that deals with hiring, firing, training, and other personnel issues.

    The objective of Human Resources is to maximize the return on investment from the organization's

    human capital and minimize financial risk. It is the responsibility of human resource managers to

    conduct these activities in an effective, legal, fair, and consistent manner.

    Human resource management serves these key functions:

    Selection

    Training and Development

    Performance Evaluation and Management

    Promotions

    Redundancy

    Industrial and Employee Relations

    Record keeping of all personal data.

    Compensation, pensions, bonuses etc in liaison with Payroll

    Confidential advice to internal 'customers' in relation to problems at work

    Career development

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    .

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    RESEARCH METHODOLOGY

    I had done 10 peoples survey regarding their work:-

    Incentives :

    Bank provides good incentives to their employees. Employees are satisfied with their

    incentives.

    Promotions :

    They give promotions to their employees on the basis of their performance.

    Induction :

    Good induction programmed will be held for the new employees.

    Target :

    In administration employees dont want to any selling or target job. They want to

    focus only on administration activities.

    Working hours :

    Working hours are more than other branches of the axis so they want less working

    hours.

    OBSERVATION:

    I observed that in administration department work is more than other department of thebank. In administration people have to maintain each and every record or transaction in theirdepartment.

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    LIMITATION OF THE PROJECT

    Due to employees busy schedules some of the participants might not had sufficient

    time to entertain the research questionnaire.

    They do not disclose their secret information regarding company.

    Most of the senior employees do not entertain the summer trainees.

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    Part II

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    COMPANY PROFILE

    Axis Bank Limitedis an Indianfinancial services firm headquartered inMumbai,

    Maharashtra.It had begun operations in 1994, after theGovernment of India allowed new

    private banks to be established. The Bank was promoted jointly by the Administrator of the

    Specified Undertaking of theUnit Trust of India (UTI-I),Life Insurance Corporation of India

    (LIC), General Insurance Corporation Ltd., National Insurance Company Ltd.,The New

    India Assurance Company,The Oriental Insurance Corporation andUnited India Insurance

    Company UTI-I holds a special position in the Indian capital markets and has promoted many

    leading financial institutions in the country. As on the year ended 31 March 2012, Axis Bank

    had an operating revenue of 134.37 billion and a net profit of 42.42 billion.[1] Axis Bank

    (erstwhile UTI Bank) opened its registered office in Ahmadabad and corporate office in

    Mumbai in December 1993. The first branch was inaugurated in April 1994 in Ahmadabad

    by Dr. Manmohan Singh, then the Honorable Finance Minister. The Bank, as on 31 March

    2012, is capitalized to the extent of Rest. 4.132 billion with the public holding (other thanpromoters and GDRs) at 54.08%.[2].New Zealand born Richard Chandler owns about 9.5%

    share through Orient Global.

    Axis Bank is the third largest private sector bank in India. Axis Bank offers the entire spectrum

    of financial services to customer segments covering Large and Mid-Corporate, SME,

    Agriculture and Retail Businesses.

    The Bank has a large footprint of 1787 domestic branches (including extension counters) and

    10,363 ATMs spread across 1,139 centers in the country as on 31st December 2012. The Bank

    also has 7 overseas branches / offices in Singapore, Hong Kong, Shanghai, Colombo, Dubai,DIFC - Dubai and Abu Dhabi.

    Axis Bank is one of the first new generation private sector banks to have begun operations in

    1994. The Bank was promoted in 1993, jointly by Specified Undertaking of Unit Trust of India

    (SUUTI) (then known as Unit Trust of India),Life Insurance Corporation of India (LIC), General

    Insurance Corporation of India (GIC), National Insurance Company Ltd., The New India

    Assurance Company Ltd., The Oriental Insurance Company Ltd. and United India Insurance

    Company Ltd. The shareholding of Unit Trust of India was subsequently transferred to SUUTI,

    an entity established in 2003.

    With a balance sheet size of Rs.2,85,628 crores as on 31st March 2012, Axis Bank is ranked

    9th amongst all Indian scheduled banks. Axis Bank has achieved consistent growth and stable

    asset quality with a 5 year CAGR (2007-12) of 31% in Total Assets, 30% in Total Deposits,

    36% in Total Advances and 45% in Net Profit.

    Ax is Bank was the fir st new genera tion pri va te sec tor bank to be es tab lished in

    India under the overall reform programmed initiated by the Government of India in1991, under

    which nine new banking licenses were granted. The Bank was promoted by Unit Trust of

    India, the largest mutual fund in India, holding 87% of the equity. Life Insurance

    Corporation of India (LIC), General Insurance Corporation Ltd and its f our

    subsid iar ies who were the co-promoters held the balance 13%. The Bank started its

    http://en.wikipedia.org/wiki/Financial_servicehttp://en.wikipedia.org/wiki/Mumbai,_Maharashtrahttp://en.wikipedia.org/wiki/Mumbai,_Maharashtrahttp://en.wikipedia.org/wiki/Government_of_Indiahttp://en.wikipedia.org/wiki/Unit_Trust_of_Indiahttp://en.wikipedia.org/wiki/Life_Insurance_Corporation_of_Indiahttp://en.wikipedia.org/wiki/New_India_Assurancehttp://en.wikipedia.org/wiki/New_India_Assurancehttp://en.wikipedia.org/wiki/Oriental_Insurancehttp://en.wikipedia.org/wiki/United_India_Insurance_Companyhttp://en.wikipedia.org/wiki/United_India_Insurance_Companyhttp://www.axisbank.com/download/press-release/PR-Q4-FY12.pdfhttp://www.axisbank.com/about-us/about-axis-bank.aspxhttp://www.axisbank.com/about-us/about-axis-bank.aspxhttp://www.axisbank.com/download/press-release/PR-Q4-FY12.pdfhttp://en.wikipedia.org/wiki/United_India_Insurance_Companyhttp://en.wikipedia.org/wiki/United_India_Insurance_Companyhttp://en.wikipedia.org/wiki/Oriental_Insurancehttp://en.wikipedia.org/wiki/New_India_Assurancehttp://en.wikipedia.org/wiki/New_India_Assurancehttp://en.wikipedia.org/wiki/Life_Insurance_Corporation_of_Indiahttp://en.wikipedia.org/wiki/Unit_Trust_of_Indiahttp://en.wikipedia.org/wiki/Government_of_Indiahttp://en.wikipedia.org/wiki/Mumbai,_Maharashtrahttp://en.wikipedia.org/wiki/Mumbai,_Maharashtrahttp://en.wikipedia.org/wiki/Financial_service
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    operations in 1994.Ax i s Bank s f i r s t cap i t a l ra i s i ng po s t i nc ep t ion was i n 1998

    th ro ug h a p ub li c offering of primary shares and in subsequent years through

    equity allotment to a fe w ot he r in ve st or s. The Bank today is capital ized to the

    extent of Rs. 358 .56 crores with the publ ic holding (other than promoters) at 57.60%.The

    Bank's Registered Office is at Ahmadabad and its Central Office is located at Mumba i.

    Presently, the Bank has a very wide network of more than 701 branch o ff ic es a ndEx tens ion Coun te rs . The Bank h as a ne twork o f o ver 2854 ATMs p rovid ing

    24 hrs a day banking convenience to its customers. Th is is one of the largest ATM

    networks in the country. The Bank has strengths in both re tail and corporate banking

    and is committed to adopting the best industry practices internationally in order to achieve

    excellence.

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    Mission

    customer Service and Product Innovation tuned to diverse needs of individual andcorporateclientele.

    Continuous technology up gradation while maintaining human values

    .

    Progressive globalization and achieving international standards.

    Efficiency and effectiveness built on ethical practices.

    Core Values

    Customer Satisfaction

    Providing quality service effectively and efficiently

    "Smile, it enhances your face value" is a service quality stressed on

    Periodic Customer Service Audits

    Maximization of Stakeholder value

    Success through Teamwork, Integrity and People

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    Vision

    To be the preferred financial solutions provider excelling in customer delivery through

    insight, empowered employees and smart use of technology

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    HISTORY OF AXIS BANK:

    Company History - Axis Bank Ltd.1993

    The Bank was incorporated on 3rd December and Certificate of business on 14th December.

    The Bank transacts banking business of all description. UTI Bank Ltd. was promoted by Unit

    Trust of India, Life Insurance Corporation of India, General Insurance Corporation of India

    and its four subsidiaries.

    The bank was the first private sector bank to get a license under the new guidelines issued

    by the RBI.

    1997

    The Bank obtained license to act as Depository Participant with NSDL and applied for

    registration with SEBI to act as `Trustee to Debenture Holders'.

    Rupees 100 crores was contributed by UTI, the rest from LIC Rs 7.5 crores, GIC and its four

    subsidiaries Rs 1.5 crores each.

    1998

    The Bank has 28 branches in urban and semi urban areas as on 31st July. All the branches

    are fully computerized and networked through VSAT. ATM services are available in 27

    branches.

    The Bank came out with a public issue of 1,50,00,000 No. of equity shares of Rs 10 each at

    a premium of Rs 11 per share aggregating to Rs 31.50 crores and Offer for sale of

    2,00,00,000 No. of equity shares for cash at a price of Rs 21 per share. Out of the public

    issue 2,20,000 shares were reserved for allotment on preferential basis to employees of UTI

    Bank. Balance of 3,47,80,000 shares were offered to the public.

    The company offers ATM cards, using which account-holders can withdraw money from any

    of the bank's ATMs across the country which are inter-connected by VSAT.

    UTI Bank has launched a new retail product with operational flexibility for its customers.

    UTI Bank will sign a co-brand agreement with the market, leader, Citibank NA for entering

    into the highly promising credit card business.

    UTI Bank promoted by India's pioneer mutual fund Unit Trust of India along with LIC, GIC

    and its four subsidiaries.

    1999

    UTI Bank and Citibank have launched an international co-branded credit card.

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    UTI Bank and Citibank have come together to launch an international co-branded credit card

    under the MasterCard umbrella.

    UTI Bank Ltd has inaugurated an off site ATM at Ashok Nagar here, taking the total number

    of its offsite ATMs to 13.m

    2000

    The Bank has announced the launch of Tele-Depository Services for its depository clients.

    UTI Bank has launch of `I Connect', its Internet banking Product.

    UTI Bank has signed a memorandum of understanding with equitymaster.com for e-broking

    activities of the site.

    Infinity.com financial Securities Ltd., an e-broking outfit is typing up with UTI Bank for abanking interface.

    Geojit Securities Ltd, the first company to start online trading services, has signed a MoU

    with UTI Bank to enable investors to buy\sell demat stocks through the company's website.

    India bulls have signed a memorandum of understanding with UTI Bank.

    UTI Bank has entered into an agreement with Stock Holding Corporation of India for

    providing loans against shares to SCHCIL's customers and funding investors in public and

    rights issues.

    ICRA has upgraded the rating of UTI Bank's Rs 500-crore certificate of deposit programme

    to A1+.

    UTI Bank has tied up with L&T Trade.com for providing customized online trading solution

    for brokers.

    2001

    UTI Bank launched a private placement of non-convertible debentures to raise up to Rs

    75crore. UTI Bank has opened two offsite ATMs and one extension counter with an ATM in

    Mangalore, taking its total number of ATMs across the country to 355.

    UTI Bank has recorded a 62 per cent rise in net profit for the quarter ended September 30,

    2001, at Rs 30.95 crore. For the second quarter ended September 30, 2000, the net profit

    was Rs 19.08 crore. The total income of the bank during the quarter was up 53 per cent at

    Rs 366.25 crore.

    2002

    UTI Bank Ltd has informed BSE that Shri B R Barwale has resigned as a Director of the

    Bank w.e.f. January 02, 2002. A C Shah, former chairman of Bank of Baroda, also retired

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    from the banks board in the third quarter of last year. His place continues to be vacant. M

    Damodaran took over as the director of the board after taking in the reins of UTI. B S Pandit

    has also joined the banks board subsequent to the retirement of K G Vassal.

    UTI Bank Ltd has informed that Shri Paul Fletcher has been appointed as an Additional

    Director Nominee of CDC Financial Service (Mauritius) Ltd of the Bank. And Shri DonaldPeck has been appointed as an Additional Director (nominee of South Asia Regional Fund)

    of the Bank.

    UTI Bank Ltd has informed that on laying down the office of Chairman of LIC on being

    appointed as Chairman of SEBI, Shri G N Bajpai, Nominee Director of LIC has resigned as a

    Director of the Bank.

    2002

    B Paranjpe & Abid Hussain cease to be the Directors of UTI Bank.

    UTI Bank Ltd has informed that in the meeting of the Board of Directors following decisions

    were taken: Mr. Yash Mahajan, Vice Chairman and Managing Director of Punjab Tractors

    Ltd was appointed as an Additional Director with immediate effect. Mr N C Singhal former

    Vice Chairman and Managing Director of SCICI was appointed as an Additional Director with

    immediate effect.

    ABN Amro, UTI Bank in pact to share ATMs.

    UTI Bank Ltd has informed BSE that a meeting of the Board of Directors of the Bank isscheduled to be held on October 24, 2002 to consider and take on record the unaudited half

    yearly/quarterly financial results of the Bank for the half year/Quarter ended September 30,

    2002.

    UTI Bank Ltd has informed that Shri J M Trivedi has been appointed as an alternate director

    to Shri Donald Peck with effect from November 2, 2002.

    2003

    UTI Bank Ltd has informed BSE that at the meeting of the Board of Directors of the companyheld on January 16, 2003, Shri R N Bharadwaj, Managing Director of LIC has been

    appointed as an Additional Director of the Bank with immediate effect.

    UTI Bank, the private sector bank has opened a branch at Nellore. The bank's Chairman

    and Managing Director, Dr P.J. Nayak, inaugurating the bank branch at GT Road on May 26.

    Speaking on the occasion, Dr Nayak said, "This marks another step towards the extensive

    customer banking focus that we are providing across the country and reinforces our

    commitment to bring superior banking services, marked by convenience and closeness to

    customers.

    UTI Bank Ltd. has informed the Exchange that at its meeting held on June 25, 2003 the BOD

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    have decided the following: 1) To appoint Mr. A T Pannir Selvam, former CMD of Union

    Bank of India and Prof. Jayanth Varma of the Indian Institute of Management, Ahmadabad

    as additional directors of the Bank with immediate effect. Further, Mr. Pannir Selvam will be

    the nominee director of the Administrator of the specified undertaking of the Unit Trust of

    India (UTI-I) and Mr. Jayanth Varma will be an Independent Director. 2) To issue Non-

    Convertible Unsecured Redeemable Debentures upto Rs.100 crs, in one or more tranchesas the Bank's Tier - II capital.

    UTI has been authorised to launch 16 ATMs on the Western Railway Stations of Mumbai

    Division.

    UTI filed suit against financial institutions IFCI Ltd in the debt recovery tribunal at Mumbai to

    recover Rs.85cr in dues.

    UTI bank made an entry to the Food Credit Programme, it has made an entry into the 59

    cluster which includes private sector, public sector, old private sector and co-operativebanks.

    Shri Ajeet Prasad, Nminee of UTI has resigned as the director of the bank.

    Banks Chairman and MD Dr.P.J.Nayak inaugurated a new branch at Nellore.

    UTI bank allots shares under Employee Stock Option Scheme to its employees.

    Unveils pre-paid travel card 'Visa Electron Travel Currency Card'

    Allotment of 58923 equity shares of Rs 10 each under ESOP.

    UTI Bank ties up with UK govt fund for contract farming

    Shri B S Pandit, nominee of the Administrator of the Specified Undertaking of the Unit Trust

    of India (UTI-I) has resigned as a director from the Bank wef November 12, 2003.

    UTI Bank unveils new ATM in Sikkim

    2004

    Comes out with Rs. 500 mn Unsecured Redeemable Non-Convertible Debenture Issue,

    issue fully subscribed

    UTI Bank Ltd has informed that Shri Ajeet Prasad, Nominee of the Administrator of the

    Specified Undertaking of the Unit Trust of India (UTI - I) has been appointed as an Additional

    Director of the Bank w.e.f. January 20, 2004.

    UTI Bank opens new branch in Udupi

    UTI Bank, Geojit in pact for trading platform in Qatar

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    UTI Bank ties up with Shriram Group Cos

    Unveils premium payment facility through ATMs applicable to LIC & UTI Bank customers

    Metal junction (MJ)- the online trading and procurement joint venture of Tata Steel and Steel

    Authority of India (SAIL)- has roped in UTI Bank to start off own equipment for Tata Steel.

    DIEBOLD Systems Private Ltd, a wholly owned subsidiary of Diebold Incorporated, has

    secured a major contract for the supply of ATMs and services to UTI Bank

    HSBC completes acquisition of 14.6% stake in UTI Bank for $67.6 m

    -UTI Bank installs ATM in Thiruvananthapuram

    -Launches `Remittance Card' in association with Remit2India, a Web site offering money-

    transfer services

    2005

    UTI Bank enters into a bancassurance partnership with Bajaj Allianz General for selling

    general insurance products through its branch network.

    UTI Bank launches its first Satellite Retail Assets Centre (SRAC) in Karnataka at Mangalore.

    2006

    UTI Bank unveils priority banking lounge

    -UTI Bank launches operations of UBL Sales, its Sales Subsidiary - Inaugurates its first

    office in Bangalore

    UTI Bank announces the launch of its Credit Card Business

    UTI Bank becomes the first Indian Bank to successfully issue Foreign Currency Hybrid

    Capital in the International Market

    UTI Bank Business Gold Debit Card MasterCard Launched - Designed for business related

    spending by SMEs and self employed professionals

    2007

    AXIS Bank Ltd has informed that consequent upon handing over charge as Administrator of

    the Specified Undertaking of the Unit Trust of India (SUUTI), Shri. S B Mathur, the Nominee

    Director of SUUTI has resigned as a Director of the Bank w.e.f. December 06, 2007.

    AXIS Bank Ltd has informed that Fitch Ratings on December 14, 2007, has upgraded the

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    Bank's National Long-term rating to 'AAA (ind)' from 'AA+ (ind)'.

    AXIS Bank Ltd has appointed Shri K N Prithviraj as an Additional Director on the Board at

    Directors of the Bank.

    Company name has been changed from UTI Bank Ltd to Axis Bank Ltd.

    2008

    Axis Bank launches Platinum Credit Card, India's first EMV chip based card

    Axis Bank set up its branch at Ilanji at Meenakshi Nagar on the Coutralam-Madurai road on

    April 16.

    2009

    Axis Bank today said its board has recommended the appointment of Shikha Sharma,currently chief of ICICI group's life insurance business, as its next managing director and

    CEO.

    Axis Bank has set up a new branch at Perumbavoor. The bank has a network of 832

    branches along with 8 extension counters and 3622 ATMs across the country.

    Axis Bank, on Wednesday entered into a strategic alliance with Motilal Oswal, the financial

    services firm, in order to facilitate the online trading for the bank's customers.

    AXIS Bank Ltd has informed that the Board of Directors of the Bank at its meeting held onJune 01, 2009, inducted Smt. Shikha Sharma as an Additional Director of the Bank.

    Axis bank has received final clearance from the Securities and Exchange Board of India

    (SEBI) to begin its mutual fund operations and will launch debt and equity schemes soon

    whereas IDBI Bank is awaiting the regulator's permit for an entry.

    Axis Bank opened the new branch at Irinjalakuda while it has a network of 892 branches, 8

    extension counters and 3,806 ATMs across the country.

    2010

    Axis Bank Limited has informed that at the meeting of the Board of Directors held on

    January 15, 2010, the following decisions were taken: (1) To appoint Dr. Adarsh Kishore,

    former Finance Secretary, Government of India and former Executive Director, International

    Monetary Fund representing Bangladesh, Bhutan, India and Sri Lanka, as the Non-

    Executive Chairman of the Bank, subject to RBI approval; (2) To appoint Shri S.B. Mathur,

    former Chairman, LIC and the National Stock Exchange of India, as an Additional

    Independent Director, with immediate effect.

    AXIS Bank Ltd has appointed Shri M. S. Sundara Rajan, former CMD, Indian Bank as an

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    ORGANISATION CHART

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    BENIFITS

    Broker Services

    Employee benefit plans are a major cost for your company. They are also important

    elements of compensation that help you attract and retain key personnel. We help our clients

    balance these needs by researching, analyzing, and recommending the employee benefit

    plan that is most appropriate for your firm. Benefit plans available through AXIS on a broker

    basis include:

    Group Health

    Long Term Care

    Executive Benefits

    Dental

    Life

    AXIS has clients nationwide and internationally because of our comprehensive after-sales

    service. This includes continual support for your own administrators.

    Benefits Administration Services

    Your firm has the option of completely outsourcing the administration of your employee

    benefits plans to AXIS. We are staffed with Human Resource professionals who are

    equipped to handle all of your plan's communication, processing and compliance

    requirements. We remove this administrative burden and its attendant costs from you so

    your firm can focus on what it does best. We will tailor a benefits administration contractspecifically for your firm that is both appropriate and effective, including:

    New hire and open enrollment services

    Employee communications

    Monthly premium statement auditing

    Claims payment reporting

    Claims intervention and advocacy

    Disability claims and waiver of premium filings

    Documentation and recording of:

    Employee plan elections

    Employee deduction authorizations (both pre-tax and after tax plans)

    Employee status changes

    Division classification and date of hire

    Employee claims inquiries

    As your benefits plan administrator, AXIS will make sure your plan processing is done

    smoothly.

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    Human Resources Administrative Practice Manual

    Introduction

    About the Administrative Practice Manual

    Classification, Compensation, and Payroll

    Determination of StatusEmployee vs. Independent Contractor

    Emergency Call Back Pay and Variant Pay

    Employee Categories

    Entrance Salary Garnishment of Pay

    Interim and Acting Assignments

    Position Classification

    Promotions

    Salary Increase Administration Process

    Transfers

    Wage and Salary Administration Policy

    Withholding of Pay

    Workweek and Overtime

    Employment

    Age Criteria

    Americans with Disabilities Act

    Background Investigation

    Conformity with Federal Grant Standards

    Dismissal, Demotions, or Suspensions

    Employee Orientation

    Employee Personnel Records Employment Applications

    Employment of Foreign Nationals

    Employment of Relatives

    Equal Employment Opportunity

    Exit Questionnaires

    General Criteria for Employment

    Motor Vehicle Use

    Provisional Appointments

    Reduction in Force

    Relocation Expenses Resignations

    http://www.usg.edu/hr/manual/about_hrap_manualhttp://www.usg.edu/hr/manual/about_hrap_manualhttp://www.usg.edu/hr/manual/determination_of_status_employee_vs._independent_contractorhttp://www.usg.edu/hr/manual/determination_of_status_employee_vs._independent_contractorhttp://www.usg.edu/hr/manual/determination_of_status_employee_vs._independent_contractorhttp://www.usg.edu/hr/manual/variant_payhttp://www.usg.edu/hr/manual/employee_categorieshttp://www.usg.edu/hr/manual/entrance_salaryhttp://www.usg.edu/hr/manual/garnishment_of_payhttp://www.usg.edu/hr/manual/interim_and_acting_assignmentshttp://www.usg.edu/hr/manual/position_classificationhttp://www.usg.edu/hr/manual/promotionshttp://www.usg.edu/hr/manual/salary_increase_administration_processhttp://www.usg.edu/hr/manual/transfershttp://www.usg.edu/hr/manual/wage_and_salary_administration_policyhttp://www.usg.edu/hr/manual/withholding_of_payhttp://www.usg.edu/hr/manual/workweek_and_overtimehttp://www.usg.edu/hr/manual/age_criteriahttp://www.usg.edu/hr/manual/americans_with_disabilities_acthttp://www.usg.edu/hr/manual/background_investigationhttp://www.usg.edu/hr/manual/conformity_with_federal_grant_standardshttp://www.usg.edu/hr/manual/dismissal_demotions_or_suspensionshttp://www.usg.edu/hr/manual/employee_orientationhttp://www.usg.edu/hr/manual/employee_personnel_recordshttp://www.usg.edu/hr/manual/employment_applicationshttp://www.usg.edu/hr/manual/employment_of_foreign_nationalshttp://www.usg.edu/hr/manual/employment_of_relativeshttp://www.usg.edu/hr/manual/equal_employment_opportunityhttp://www.usg.edu/hr/manual/exit_questionnaireshttp://www.usg.edu/hr/manual/general_criteria_for_employmenthttp://www.usg.edu/hr/manual/motor_vehicle_usehttp://www.usg.edu/hr/manual/provisional_appointmentshttp://www.usg.edu/hr/manual/reduction_in_forcehttp://www.usg.edu/hr/manual/relocation_expenseshttp://www.usg.edu/hr/manual/resignationshttp://www.usg.edu/hr/manual/resignationshttp://www.usg.edu/hr/manual/relocation_expenseshttp://www.usg.edu/hr/manual/reduction_in_forcehttp://www.usg.edu/hr/manual/provisional_appointmentshttp://www.usg.edu/hr/manual/motor_vehicle_usehttp://www.usg.edu/hr/manual/general_criteria_for_employmenthttp://www.usg.edu/hr/manual/exit_questionnaireshttp://www.usg.edu/hr/manual/equal_employment_opportunityhttp://www.usg.edu/hr/manual/employment_of_relativeshttp://www.usg.edu/hr/manual/employment_of_foreign_nationalshttp://www.usg.edu/hr/manual/employment_applicationshttp://www.usg.edu/hr/manual/employee_personnel_recordshttp://www.usg.edu/hr/manual/employee_orientationhttp://www.usg.edu/hr/manual/dismissal_demotions_or_suspensionshttp://www.usg.edu/hr/manual/conformity_with_federal_grant_standardshttp://www.usg.edu/hr/manual/background_investigationhttp://www.usg.edu/hr/manual/americans_with_disabilities_acthttp://www.usg.edu/hr/manual/age_criteriahttp://www.usg.edu/hr/manual/workweek_and_overtimehttp://www.usg.edu/hr/manual/withholding_of_payhttp://www.usg.edu/hr/manual/wage_and_salary_administration_policyhttp://www.usg.edu/hr/manual/transfershttp://www.usg.edu/hr/manual/salary_increase_administration_processhttp://www.usg.edu/hr/manual/promotionshttp://www.usg.edu/hr/manual/position_classificationhttp://www.usg.edu/hr/manual/interim_and_acting_assignmentshttp://www.usg.edu/hr/manual/garnishment_of_payhttp://www.usg.edu/hr/manual/entrance_salaryhttp://www.usg.edu/hr/manual/employee_categorieshttp://www.usg.edu/hr/manual/variant_payhttp://www.usg.edu/hr/manual/determination_of_status_employee_vs._independent_contractorhttp://www.usg.edu/hr/manual/about_hrap_manual
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    Employee Relations

    Conflict of Interest

    Cooperation in Internal Investigation

    Dispute Resolution

    Disruptive Behavior

    Gratuity

    Grievance Policy

    Performance Evaluation

    Prohibit Discrimination & Harassment

    Safety & Security

    Drug Testing Smoking

    Workplace Violence

    Time Away from Work

    Annual Leave

    Fair Labor Standards Act Leave

    Family and Medical Leave Act

    Holidays Inclement Weather or Other Emergencies

    Military Leave

    Organ and Marrow Donation

    Personal Leave

    Policy on Education Leave without Pay

    Selective Service/Physical Examinations

    Shared Sick Leave Program

    Sick Leave with Pay

    Sick Leave without Pay

    Voting Leave and Other Miscellaneous Leave

    http://www.usg.edu/hr/manual/conflict_of_interesthttp://www.usg.edu/hr/manual/cooperation_in_internal_investigationhttp://www.usg.edu/hr/manual/dispute_resolutionhttp://www.usg.edu/hr/manual/disruptive_behaviorhttp://www.usg.edu/hr/manual/gratuityhttp://www.usg.edu/hr/manual/grievance_policyhttp://www.usg.edu/hr/manual/performance_evaluationhttp://www.usg.edu/hr/manual/prohibit_discrimination_harassmenthttp://www.usg.edu/hr/manual/drug_testinghttp://www.usg.edu/hr/manual/smokinghttp://www.usg.edu/hr/manual/workplace_violencehttp://www.usg.edu/hr/manual/annual_leavehttp://www.usg.edu/hr/manual/fair_labor_standards_act_leavehttp://www.usg.edu/hr/manual/family_and_medical_leave_acthttp://www.usg.edu/hr/manual/holidayshttp://www.usg.edu/hr/manual/inclement_weather_or_other_emergencieshttp://www.usg.edu/hr/manual/military_leavehttp://www.usg.edu/hr/manual/organ_and_marrow_donationhttp://www.usg.edu/hr/manual/personal_leavehttp://www.usg.edu/hr/manual/policy_on_education_leave_without_payhttp://www.usg.edu/hr/manual/selective_service_physical_examinationshttp://www.usg.edu/hr/manual/shared_sick_leave_programhttp://www.usg.edu/hr/manual/sick_leave_with_payhttp://www.usg.edu/hr/manual/sick_leave_without_payhttp://www.usg.edu/hr/manual/voting_leavehttp://www.usg.edu/hr/manual/voting_leavehttp://www.usg.edu/hr/manual/voting_leavehttp://www.usg.edu/hr/manual/sick_leave_without_payhttp://www.usg.edu/hr/manual/sick_leave_with_payhttp://www.usg.edu/hr/manual/shared_sick_leave_programhttp://www.usg.edu/hr/manual/selective_service_physical_examinationshttp://www.usg.edu/hr/manual/policy_on_education_leave_without_payhttp://www.usg.edu/hr/manual/personal_leavehttp://www.usg.edu/hr/manual/organ_and_marrow_donationhttp://www.usg.edu/hr/manual/military_leavehttp://www.usg.edu/hr/manual/inclement_weather_or_other_emergencieshttp://www.usg.edu/hr/manual/holidayshttp://www.usg.edu/hr/manual/family_and_medical_leave_acthttp://www.usg.edu/hr/manual/fair_labor_standards_act_leavehttp://www.usg.edu/hr/manual/annual_leavehttp://www.usg.edu/hr/manual/workplace_violencehttp://www.usg.edu/hr/manual/smokinghttp://www.usg.edu/hr/manual/drug_testinghttp://www.usg.edu/hr/manual/prohibit_discrimination_harassmenthttp://www.usg.edu/hr/manual/performance_evaluationhttp://www.usg.edu/hr/manual/grievance_policyhttp://www.usg.edu/hr/manual/gratuityhttp://www.usg.edu/hr/manual/disruptive_behaviorhttp://www.usg.edu/hr/manual/dispute_resolutionhttp://www.usg.edu/hr/manual/cooperation_in_internal_investigationhttp://www.usg.edu/hr/manual/conflict_of_interest
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    Employee Benefits & Services

    Annuity Programs

    Benefits Continuation into Retirement

    Dependents of Deceased Employees, Disabled Employees or Retirees

    Disabled Employee Insurance

    Employee Continuing Education Employee Recognition Programs

    Employment Beyond Retirement

    Group Health Insurance

    Group Health Insurance for Dependents

    Group Life Insurance

    Other Insurance

    Retirement Plan Participation

    Social Security Benefits

    http://www.usg.edu/hr/manual/annuity_programshttp://www.usg.edu/hr/manual/benefits_continuation_into_retirementhttp://www.usg.edu/hr/manual/dependents_of_deceased_employees_disabled_employees_or_retireeshttp://www.usg.edu/hr/manual/disabled_employee_insurancehttp://www.usg.edu/hr/manual/employee_continuing_educationhttp://www.usg.edu/hr/manual/employee_recognition_programshttp://www.usg.edu/hr/manual/employment_beyond_retirementhttp://www.usg.edu/hr/manual/group_health_insurancehttp://www.usg.edu/hr/manual/group_health_insurance_for_dependentshttp://www.usg.edu/hr/manual/group_life_insurancehttp://www.usg.edu/hr/manual/other_insurancehttp://www.usg.edu/hr/manual/retirement_plan_participationhttp://www.usg.edu/hr/manual/social_security_benefitshttp://www.usg.edu/hr/manual/social_security_benefitshttp://www.usg.edu/hr/manual/retirement_plan_participationhttp://www.usg.edu/hr/manual/other_insurancehttp://www.usg.edu/hr/manual/group_life_insurancehttp://www.usg.edu/hr/manual/group_health_insurance_for_dependentshttp://www.usg.edu/hr/manual/group_health_insurancehttp://www.usg.edu/hr/manual/employment_beyond_retirementhttp://www.usg.edu/hr/manual/employee_recognition_programshttp://www.usg.edu/hr/manual/employee_continuing_educationhttp://www.usg.edu/hr/manual/disabled_employee_insurancehttp://www.usg.edu/hr/manual/dependents_of_deceased_employees_disabled_employees_or_retireeshttp://www.usg.edu/hr/manual/benefits_continuation_into_retirementhttp://www.usg.edu/hr/manual/annuity_programs
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    H.R. Duties:

    1 Recruitment

    2 Pre recruitment Getting requirement from dept

    Sourcing the resumes by Advertisement, reference, Job Portal

    Interview card etc.

    3 Post Recruitment

    Reference Check

    Issue the Appointment Letter,

    Joint formalities

    Personnel File Creation etc

    4 Inductions

    Training,

    Work Allocation,

    Time Office Management

    Payroll, Benefit and Compensation management,

    Facility management,

    Safety Policy implementation,

    Labor welfare activities

    Statutory Activities

    Liaison with Govt.

    Full and final settlement,

    Performance appraisal

    Admin Manager duties:

    Canteen Management,

    Housekeeping management,

    Security Gate management,

    Ticket Booking, Stationary Control,

    Cab arrangement.

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    Keeping a day to day check of all the matters related to

    Attendance

    Leaves

    Absenteeism

    Welfare Administration -

    Introducing & Maintaining Record Keeping

    Personal files

    Leave files

    Policy Framing and Implementation

    Working conditions

    Leaves

    Holidays

    Other matters as they may come up

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    Flexible Spending Account (FSA) Administration

    FSAs are a fast-growing employee benefit encouraged by our current tax code. FSAs reduce the after-

    tax burden of employee and dependent contributions to health expenditures in many areas, including:

    Health Plan Deductibles

    Dental Plan Deductibles

    Prescription Drugs

    Day Care

    Elder Care

    Vision Care

    Dental Care

    Economical to implement, FSAs have a high real and perceived value with savvy employers and

    employees. AXIS can make offering this benefit even easier through our ability to design, install and

    administrate FSAs for our clients.

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    Human Resource Consulting

    AXIS can provide full Human Resource services to assist clients in managing this important yet time-consuming area of their operations. Human Resource services are tailored to client needs and mayinclude:

    Personnel Recruitment Personnel Management Policy & Procedure Reviews Policy Handbook Creation

    In addition, we can review and recommend on any policy such as vacation, medical leave of absence,discrimination, sexual harassment, or any policy that may be unique to your firm. In all cases, we areable to craft fully compliant guidelines for your firm. Full employee communications services are alsoavailable.

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    might also include background checks, credit checks and drug testing. After a new employee

    is hired, the HR department typically provides orientation, including instruction in company

    policies, and ensures that the employee is properly trained for his or her job.

    Outgoing Employees

    A company's HR department also plays a role when an employee leaves the company for

    any reason. If an employee is fired or otherwise let go against his or her wishes, certain

    tasks must be performed by the HR department to ensure that the process was done legally.

    In some cases,severance pay must be offered or negotiated, and outstanding balances of

    paid vacation time and other benefits must be settled. The HR department might also need

    to collect all keys or other equipment from the employee and make sure that he or she no

    longer has access to the company's resources, including computer networks.

    Improving Morale

    Employee morale is another concern for many human resources departments. An HR department

    might be responsible for choosing an employee of the month, arranging holiday parties and other get-

    togethers for employees or otherwise rewarding employees for good performance. The HR

    department often is concerned with creating a positive, enjoyablework environment.This can

    improve employees' production and contribute to a lower rate of turnover among the company's

    workforce.

    he Office of Human Resources and Administration provides a broad range of human

    resource and administrative management activities in support of the Office of Health,

    Safety and Security (HSS).

    http://www.wisegeek.com/what-is-severance-pay.htmhttp://www.wisegeek.com/what-is-a-work-environment.htmhttp://www.wisegeek.com/what-is-a-work-environment.htmhttp://www.wisegeek.com/what-is-severance-pay.htm
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    Functions

    Integrates, synchronizes, and concentrates human resource management

    activities in support of HSS, Departmental leadership, and other customers.

    Assists HSS managers in recruiting and hiring qualified, talented and capablecandidates. Advises and informs HSS managers on hiring requirements,

    capabilities, and limitations. Assists managers, candidates, and new employees

    through the employment process. Manages special hiring programs such as

    interns, disadvantaged and minorities.

    Coordinates employee performance management processes. Ensures

    performance plans support HSS priorities and that scheduled reviews,

    appraisals, awards, and other related actions are performed in a timely manner.

    Counsels, advises, and represents HSS managers in labor-management issues

    such as employer-employee relationships, grievances, performance issues,

    misconduct, attendance problems, appeals, and adverse actions.

    Develops internal management programs and assists HSS comply with human

    resource statutes, regulations, and policies. Applies and enforces necessary

    administrative controls such as staffing ceilings, FTE allocations, and

    supervisory ratios.

    Manages organizational change and advises HSS managers of the potential

    impact on operational efficiency, resource utilization, and relationships to other

    major organizational components.

    Manages and establishes HSS human resource and administration policies and

    procedures.

    Maintains the HSS Human Capital Strategic Plan and coordinates with the DOE

    Resource Management Office to ensure effective implementation of the

    Department's Human Capital Strategic Plan.

    Serves as the HSS liaison and focal point for a wide range of Department,

    government, and public programs such as:

    Inspector General/Government Accountability Office (IG/GAO) audits and

    reports;

    Freedom of Information Act (FOIA);

    Privacy Act;

    Federal Managers Financial Management Integrity Act (FMFIA);

    records, forms, and information collection management; Conference management activities.

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    Modern concept of human resources

    Though human resources have been part of business and organizations since the first days of

    agriculture, the modern concept of human resources began in reaction to the efficiency focus of

    Taylorism in the early 1900s. By 1920, psychologists and employment experts in the United States

    started the human relations movement, which viewed workers in terms of their psychology and fit withcompanies, rather than as interchangeable parts. This movement grew throughout the middle of the

    20th century, placing emphasis on how leadership, cohesion, and loyalty played important roles in

    organizational success. Although this view was increasingly challenged by more quantitatively rigorous

    and less "soft" management techniques in the 1960s and beyond, human resources had gained a

    permanent role within an organization.

    Human resource management (HRM) is the strategic and coherent approach to the management of an

    organisations most valued assets - the people working there who individually and collectively

    contributes to the achievement of the objectives of the business. The terms "human resource

    management" and "human resources" (HR) have largely replaced the term "personnel management"as a description of the processes involved in managing people in organizations.

    Features

    Its features include:

    Organizational management

    Personnel administration

    Personnel management

    Manpower management

    Industrial management

    But these traditional expressions are becoming less common for the theoretical discipline. Sometimes

    even industrial relations and employee relations are confusingly listed as synonyms, although these

    normally refer to the relationship between management and workers and the behavior of workers in

    companies.

    The theoretical discipline is based primarily on the assumption that employees are individuals with

    varying goals and needs, and as such should not be thought of as basic business resources, such as

    trucks and filing cabinets. The field takes a positive view of workers, assuming that virtually all wish to

    contribute to the enterprise productively, and that the main obstacles to their endeavors are lack of

    knowledge, insufficient training, and failures of process.

    HRM is seen by practitioners in the field as a more innovative view of workplace management than the

    traditional approach. Its techniques force the managers of an enterprise to express their goals with

    specificity so that they can be understood and undertaken by the workforce, and to provide the

    resources needed for them to successfully accomplish their assignments. As such, HRM techniques,

    when properly practiced, are expressive of the goals and operating practices of the enterprise overall.

    HRM is also seen by many to have a key role in risk reduction within organizations.

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    Synonyms such as personnel management are often used in a more restricted sense to describe

    activities that are necessary in the recruiting of a workforce, providing its members with payroll and

    benefits, and administrating their work-life needs.

    A series of activities which: first enable working people and their employing organizations to agree

    about the objectives and nature of their working relationship and, secondly, ensures that the agreementis fulfilled"

    HRM relates to those decisions and actions which concern the management of employees at all levels

    in the business and which are related to the implementation of strategies directed towards creating and

    sustaining competitive advantage.

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    Professional organizations

    Professional organizations in HRM include the Society for Human Resource Management (SHRM), the

    Australian Human Resources Institute (AHRI), the Chartered Institute of Personnel and Development

    (CIPD), the International Public Management Association for HR (IPMA-HR), Management Association

    of Nepal MAN and theInternational Personnel Management Association of Canada (IPMA-Canada).

    HR structure

    Federal Level:The Federal classification system is not a pay plan, but is vital tothe structure and administrations of employee compensation. The pay system is

    influenced by the grade level and by quality of performance, length of service, and

    recruitment and retention considerations.The law requires the Office of Personnel

    Management (OPM) to define Federal occupations, establish official position titles,

    and describe the grades of various levels of work. OPM approves and issues

    position classification standards that must be used by federal agencies to determinethe title, series, and grade of positions.

    The classification standards help assure that the Federal personnel management

    program runs soundly because agencies are now becoming more decentralized and

    now have more authority to classify positions. Agencies are required to classify

    positions according to the criteria and the guidance that OPM has issued. The

    official titles that are published in classification standards have to be used for

    personnel, budget, and fiscal purposes. The occupations in federal agencies may

    change over time, but the duties, responsibilities, and qualifications remain the

    same so careful application of appropriate classification of the standards needs tobe related to the kind of work for the position. When classifying a position the first

    decision to be made is the pay system. There is the General Schedule (GS) and the

    Federal Wage System (FWS), which covers trade, craft, or laboring experience.

    General Schedule Covers positions from grades GS1 to GS15 and consists of

    twenty two occupational groups and is divided into five categories:

    ProfessionalRequires knowledge either acquired through training or education

    equivalent to a bachelor's degree or higher. It also requires the exercise of judgment,

    discretion and personal responsibility. Examples can be attorneys, medical officers,

    and biologists. Usually a person who is in the field of HR, and has gone through the

    education required, stays in the field for long term career goals. People of this

    category are seen in the upper management of HR departments.

    AdministrativeRequires the exercise of analytical ability, judgment, discretion,

    and personal responsibility, and the application of a substantial body of knowledge of

    principles, concepts, and practices applicable to one or more fields of administration

    or management. These positions do not require specialized education, but do require

    skills usually gained while attaining a college level education. Examples can be

    budget analysts and general supply specialists. These positions will most likely be

    filed by career employees that act in a managerial function.

    http://en.wikipedia.org/w/index.php?title=International_Personnel_Management_Association_of_Canada_(IPMA-Canada)&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=International_Personnel_Management_Association_of_Canada_(IPMA-Canada)&action=edit&redlink=1
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    TechnicalRequires extensive practical knowledge, gained through experienceand specific training and these occupations may involve substantial elements of the

    work of the professional or administrative field. Technical employees usually carry

    out tasks, methods, procedures, and computations that are laid out either in

    published or oral instructions. Depending upon the level of difficulty of work, these

    procedures often require a high degree of technical skill, care, and precision.Examples of the technical category would be forestry technician, accounting

    technician, and pharmacy technicians.

    ClericalInvolves work in support of office, business, or fiscal operations. Typically

    involves general office or program support duties such as preparing, receiving,

    reviewing, and verifying documents; processing transactions; maintaining office

    records; locating and compiling data or information from files. Examples can be

    secretaries, data transcribers, and mail clerks.

    OtherThere are some occupations in the General Schedule which do not clearlyfit into one of the groups. Some firefighter and various law enforcement agencies

    have specialized positions that manage HR duties within the organization.

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    DATA ANALYSIS AND INTERPRETATIONS

    Incentives and allowances

    Axis bank provides incentives and allowances to their employees some employees are

    satisfied with this some are not. Letssee the below description for more detail.

    DESCRIPTION RATING (%)

    STRONGLY AGREE (SA) 42

    AGREE (A) 30

    NOT APPLICABLE/

    NO COMMENTS (NA)

    11

    DISAGREE (D) 18

    STRONGLY DISAGREE (SD) 21

    1st SA

    2nd A

    3rd NA

    4th D

    5th SD

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    FINDINGS

    Infrastructure and facilities are very good.

    Customer satisfaction is also good

    All other facilities like ventilation that is lunch area, wash rooms, air conditions,

    chairs, and computers are good in condition.

    Working hours are more as compare to other branches of axis.

    Work load is more in both front office as well as back office.

    Less absenteeism.

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    RECOMMENDATIONS AND SUGGESTIONS

    Administration is a major part of human resource because large no. of work and activities are done over there

    which is very helpful for every organization. It is also helpful to running all the work smoothly.

    My recommendation is to company is that to give little more attention on administration department .

    Work load should be less.

    More employees should be hire in administration department.

    Work location facilities should be improved.

    The compensation package has to be increased.

    There should not be more delay in leave maintenance.

    Working hours should be reduced.

    The target should be given only for marketing employees and not for the entire department.

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    BIBLIOGRAPHY

    Book Name Author Name

    Human Resource Management K.Aswathappa

    WEBLIOGRAPHY

    www.google.com

    www.wikipedia.com

    www.businessworlindia.com

    www.axisbank.com

    http://www.google.com/http://www.wikipedia.com/http://www.businessworlindia.com/http://www.axisbank.com/http://www.axisbank.com/http://www.businessworlindia.com/http://www.wikipedia.com/http://www.google.com/
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    ANNEXURE (QUESTIONNAIR)

    1. Employees are satisfied or not? Highly satisfied

    Satisfied

    Minimal satisfaction

    Dissatisfied

    2. Bank management is good or not?

    Excellent

    Good

    Average

    Poor

    3. How is the superior and subordinate relations?

    Excellent

    Good

    Average

    Poor

    4. Proper allowances are provided or not?

    Yes

    No

    5. What kind of benefits they are providing to the employees?

    Promotion benefits

    Retirement benefit

    Leave benefits

    Any other

    6. What are their criteria to hire employees? Reference

    University

    Skills

    relatives

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    7. Do employees satisfy the need of their customers?

    Highly satisfied

    Satisfied

    Minimal satisfaction

    Dissatisfied

    8. Work load is more or less?

    Always

    Sometimes

    Never


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