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Presentation On
BY -> -- Pratik Negi -- ISBE { 09-11 } SS
Internship in Human Resources department
IN
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About Mahindra
Started in Oct 2 1945
US $ 6.7 billion industrial conglomerate
Respected Group in India
Converted as a high performer in all sectors
PIONEERED MIND BEHID THE CONGLOMERATE
Mr. Keshub Mahindra (Chairman for the Group)
Mr. Anand Mahindra (Chairman and MD for the Group)
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Business Dimensions
Automotive & Farm Equipment Mahindra & Mahindra Limited Mahindra Engineering Services
Mahindra Systech (Automotive Components & Manufacturing) Trade & Financial Services
Information Technology
Infrastructure Development
Mahindra Ocean Blue Mahindra Logistics Ltd. Mahindra Retail Mahindra Navistar Mahindra 2 Wheelers Mumbai Mantra Mahindra Defense Systems
Other
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CORE VALUES OF THE GROUP THE GUIDING PRINCIPLES
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Quality Focus
Professionalism
Customer First
Good Corporate citizenship
Dignity of the individual -
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Tributaries of Mahindra Finance
1> Mahindra Insurance Brokers
2> Mahindra Rural Housing Finance Ltd (MRHFL)
3> Mahindra In source
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1. Mahindra finance was incorporated on January 1 1991 as Maxi Motors Financial Services Limited and received
2. Certificate of commencement of Business on Feb 19, 1991.
3. The name was changed to Mahindra and Mahindra Financial Services Limited
on Nov 3, 1992
4. Registered with the RBI as an Non Banking Financial Corporation with the effect from 4th Sep 1998
Brief history
Values of the group
Effective communication 110% effort Quality of contribution
Assertiveness Team spirit Flexibility –
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Growth Mahindra finance
Source -- http://www.equitymaster.com/charts/data/mmfs.png
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Strength – Mahindra Finance In depth knowledge of the rural and semi-urban Market The relationship with Mahindra and Mahindra
The branch network
The association with dealers
The client base The ability to borrow at competitive rate
Business of the group
Utility vehicle Loan
Tractor Loan
Car loans
Personal Finance
Investment Advisory Service – Mutual Fund Distribution
Commercial vehicle loans
Refinance
Two wheeler loan
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Department in Mahindra Finance
Operations
Legal
Marketing
Business information technology
Accounts
Corporate affairs and risk management
Treasury
MIS Mutual funds
Administration
Corporate management (Internal Audit
HR
Internship project details
Major Project
“Recruitment Drive for Mahindra Finance for the fresh graduate trainees and Management trainees”
Other Projects and Responsibilities 1> Legal executive recruitment’s for Gujarat 2> FD (fixed deposit) – A new vertical launched and recruitment for the same, for Ahmedabad. 3> CSR – helped HR managers for Gujarat region in the Mahindra Finance
Initiative for CSR 4> Dealer executive -- recruitment drive 5> Reference Check’s and FnF6> Employee Welfare – Acted an s a Help for HR department Gujarat in Drives organized for employee welfare • Uttarayan celebration • Blood donation drive • Achievement box launched • G.P.T.W (Great Place to Work survey)
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HR department (Gujarat)
HR practices in Mahindra Financial services limited
• Recruitment and selection
• Probation/Conformation handling
• Performance Management System
• Employee classification (L1-L9)
• Resignation
• Exit interviews
• Employee grading
• Termination
• Compensation and benefit
•*** cant include other details due to company norms and policies
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CSR initiatives by Mahindra
1. Life Line express 2. Service to various organisation3. Mahindra hariyali 4. Blood donation 5. Nanhi kali 6. Ambulance donation
Employee INITIATIVES
Spandan (quarterly magazine) Sampark (AV conference between senior mgmt and staff) EMI – monthly new letter Learning and development initiatives IDEAS – employee creativity and feedback Employee referral schemes Employee welfare calendar Gallup survey Fun at work Vista 360 Annual convention
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Task performed during the internship
oCoordination with vendors, colleges, placement cells etc
oHelping in internal HR practices for the organization
oOnline portal usage and recruitment drives conducted
oLetters mailer, snail mails, reports, notices and other correspondence drafted
oExcell sheet preparations for every task performed
oDPR for recruitment drives
oReference checks and FnF preparation for employees
oTest conductions and organizing interview for various Jobs
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oCoordination with all branches for CSR and employee initiatives
oScrutinizing the bench strength for various positions created
oPresent in major interviews and jotting down the competencies and other skill sets required for the position created
oTime allotment and communication for interviews
oDesigning and helping to prepare Job description for position created
oMarketing and notice distribution across schools and places for intake
oCoordination with management institutes & commerce college for fresh intakes
Task performed during the internship (continued)
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FINDINGS AND OBSERVATION
Fresh Talent Acquisition.
Centrally monitored recruitment for the state
CSR activity, employee welfare, and employee initiatives (centrally monitored) Systems designed are up to the mark, and are used effectively Coordination and reach of the company is awesome
Maintenance and development rate of HR department is really fast Motivational and personalised approach
Employee satisfaction index is pretty high
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Suggestions Given
The use of technology in IT needs to be more advanced for such an organization to work to best to its capacity.
The HR department which is in expansion mode needs to be expanded to help and formulate better initiatives for the employees and the company
Thanks