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FINAL PROJECT ON
Submitted by:
Suvadeep Chatterjee
DM17D57
PGDM-4
Sector Information:
The world standing for the Indian automobile sector, as per the Association of the Indian industry is as follows:
 Largest three-wheeler market
 Second largest two-wheeler market
 Tenth largest passenger car market
 Fourth largest tractor market
 Fifth largest commercial vehicle market
 Fifth largest bus and truck segment
79%
3%
3%
15%
% share of each segment in total
production volume in FY-17
Two Wheeler
Three Wheeler
Commercial Vehicle
Passenger Vechile
5.6
6.6
7.2
7.9
7.1
0
1
2
3
4
5
6
7
8
9
2012-13 2013-14 2014-15 2015-16 2016-17
GDP(year-on year in %)
 Hero MotoCorp is the World's single largest two-wheeler motorcycle company.
 Hero MotoCorp two wheelers are manufactured across 4 globally benchmarked
manufacturing facilities.
 Hero MotoCorp offers wide range of two wheeler products that include motorcycles and
scooters, and has set the industry standards across all the market segments.
Hero Moto Corp SWOT Analysis:
COMPANY OVERVIEW:
Strengths
• Hero Moto Corp has a huge brand equity and one of the biggest players in the two wheelers Indian market
• Excellent R&D of Hero Moto Corp, and wide variety of products in every segment.
• Excellent distribution, over 3000 dealerships and service centers
Weakness
• Intense competition from Indian and international players means limited market share growth of Hero Moto Corp
• Most of the products have similar features and low on design and innovation
Opportunities
• Two-wheeler segment is one of the most growing industries
• Export of Hero Moto Corp bikes is limited i.e. untapped international markets
Threats
• Strong competition from Indian as well as international brands
• Dependence on government policies and rising fuel prices can affect business margins for Hero Moto
Corp
• Better public transport will affect two-wheeler sales
Focus on building a robust product portfolio across
categories
Exploring new growth markets
Continuously improving operational efficiency
Aggressively expanding our customer reach
Sustain investments in brand-building activities
Ensuring customer and shareholder delight
Build global talent workforce
Business Model of Hero MotoCorp
•
•
•
•
•
•
•
•
Function of HR Manager :
Selection process of
Hero MotoCorp:
• Preliminary Interview.
• Application Form.
• Selection Test.
• Selection Interview.
• Physical Examination.
• Reference Check.
• Final Approval.
• Employment.
Sources of Recruitment:
INTERNAL:
• Transfers, Promotions, Upgrading, Demotion,
Retired Employees
EXTERNAL:
• Press advertisement, Educational Institutes,
Placements agencies/ Outsourcing, Employment
Exchange, Labor contractor
Marketing
Position: Assistant Sales Manager
Location: Mumbai, India
Working Hours: 8 hours per day normally
Reporting To: Sales & Marketing Manager
Working with: Area Sales Manager & all
other employees
Purpose: To administer the preparation of
quotes. Produce appropriate marketing
collateral as required.
Job Roles: Manage receipts, handling &
escalation of all the sales. To follow up sales
activities with clients & potential clients. To
monitor company sales KPIs and sales
performance.
Finance
Position: Accounts Manager
Location: Mumbai, India
Working Hours: 8 hours per day
normally
Reporting To: Senior Accountant
Working with: MD, CFO & all other
employees
Purpose: Tasks may involve project
management, strategic planning, sales
support, product design, service
application, logistics, and marketing.
Job Roles: Keep records of client
transactions. Forecasts and tracks
client account metrics. Identifies
opportunities to grow business with
existing clients. Operates as the point
of contact for assigned customers.
HRM
Position: Assistant Manager (Recruitment)
Location: Mumbai, India
Working Hours: 8 hours per day normally
Reporting To: Senior Manager
Working with: MD and other employees
Purpose: Must hold multi-tasking skills
and be able to function under pressure.
Must hold excellent negotiation skills.
Job Roles: Track offer acceptance &
candidate on boarding status through
prescribed MIS. To understand the hiring
requirement for a specific department or
roles and accordingly source right king of
resources. To maintain high degree of
integrity whilst dealing with vendors and
candidates.
JOB DESCRIPTION
Marketing
Educational
qualifications:10th,12th,
Graduation, PGDM or MBA in
Marketing.
Skills Required: Interpersonal,
Communication, Managerial,
Customer Relation.
Experience :0- 2Years.
Training: Experience 1 Month and
Fresher 3 Month.
Emotional Characteristics:
Strong; Bold; Talkative;
Expressive.
Finance
Educational
qualifications:10th,12th,
B.com, PGDM OR MBA in
Finance.
Skills Required:
Managerial, Analytical,
Commercial and Business.
Experience Training:
Experience 1 Month and
Fresher 3 Month.
Emotional Characteristics:
Patience; Introvert; Calm;
Strong and Bold from Inside.
HRM
Educational
qualifications:10th,12th,
Graduation, PGDM or MBA in
Human Resource Management.
Skills Required: Interpersonal,
Communication, Managerial,
Employee Relation; Employee
Retention.
Experience :0-2 Years.
Training: Experience 1 Month
and Fresher 3 Month.
Emotional Characteristics:
Patience; Self Motivator, Strong
JOB SPECIFICATIONS
TYPES OF TRAINING PROVIDED IN A COMPANY:
Performance appraisal System & New Policy of Hero MotoCorp:
CTC CALCULATION
CTC
(A) (B) (C)
2366000.00 1050000.00 458000.00
Basic Pay (30% of CTC) 946400.00 315000.00 137400.00
D.A (10% of Basic) 94640.00 31500.00 13740.00
H.R.A (40% of (B.P + D.A)) 520520.00 173250.00 60456.00
Conveyance Allowance (1600*12) 19200.00 19200.00 19200.00
Children Education Allowance (100*12*2) 2400.00 2400.00 2400.00
Children Allowance (Hostel) (300*12*2) 7200.00 7200.00 7200.00
Medical Reimbursement 20000.00 15000.00 15000.00
L.T.A ( 1 month of Basic Pay) 78866.67 26250.00 11450.00
Gratuity (B.P * 4.81%) 45521.84 15151.50 6608.94
Provident Fund (B.P + D.A)*12% 124924.80 41580.00 18136.80
Total 1859673.31 646531.50 291591.74
P.L.I (CTC - Total) 506326.69 403468.50 166408.26
1859673.00 611882.00 291592.00
Provident Fund 124925.00 41580.00 18137.00
Gratuity 45522.00 15152.00 6609.00
Employer Contribution 124925.00 41580.00 18137.00
Take Home 1564301.00 513570.00 248709.00
Per Month Take Home 130358.42 42797.50 20725.75
Employee benefit Provided
 Salary on time
 Fix working hours
 Free Bus Transportation
 Free Breakfast and lunch & sweet and
special food on salary day.
 More no. of leaves
 Travel, Medical brokerage Reimbursement.
 Cheap rented accommodation in flats.
Hero MotoCorp HR presentation

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Hero MotoCorp HR presentation

  • 1. FINAL PROJECT ON Submitted by: Suvadeep Chatterjee DM17D57 PGDM-4
  • 2. Sector Information: The world standing for the Indian automobile sector, as per the Association of the Indian industry is as follows:  Largest three-wheeler market  Second largest two-wheeler market  Tenth largest passenger car market  Fourth largest tractor market  Fifth largest commercial vehicle market  Fifth largest bus and truck segment 79% 3% 3% 15% % share of each segment in total production volume in FY-17 Two Wheeler Three Wheeler Commercial Vehicle Passenger Vechile 5.6 6.6 7.2 7.9 7.1 0 1 2 3 4 5 6 7 8 9 2012-13 2013-14 2014-15 2015-16 2016-17 GDP(year-on year in %)
  • 3.  Hero MotoCorp is the World's single largest two-wheeler motorcycle company.  Hero MotoCorp two wheelers are manufactured across 4 globally benchmarked manufacturing facilities.  Hero MotoCorp offers wide range of two wheeler products that include motorcycles and scooters, and has set the industry standards across all the market segments. Hero Moto Corp SWOT Analysis: COMPANY OVERVIEW: Strengths • Hero Moto Corp has a huge brand equity and one of the biggest players in the two wheelers Indian market • Excellent R&D of Hero Moto Corp, and wide variety of products in every segment. • Excellent distribution, over 3000 dealerships and service centers Weakness • Intense competition from Indian and international players means limited market share growth of Hero Moto Corp • Most of the products have similar features and low on design and innovation Opportunities • Two-wheeler segment is one of the most growing industries • Export of Hero Moto Corp bikes is limited i.e. untapped international markets Threats • Strong competition from Indian as well as international brands • Dependence on government policies and rising fuel prices can affect business margins for Hero Moto Corp • Better public transport will affect two-wheeler sales
  • 4. Focus on building a robust product portfolio across categories Exploring new growth markets Continuously improving operational efficiency Aggressively expanding our customer reach Sustain investments in brand-building activities Ensuring customer and shareholder delight Build global talent workforce Business Model of Hero MotoCorp
  • 6. Selection process of Hero MotoCorp: • Preliminary Interview. • Application Form. • Selection Test. • Selection Interview. • Physical Examination. • Reference Check. • Final Approval. • Employment. Sources of Recruitment: INTERNAL: • Transfers, Promotions, Upgrading, Demotion, Retired Employees EXTERNAL: • Press advertisement, Educational Institutes, Placements agencies/ Outsourcing, Employment Exchange, Labor contractor
  • 7. Marketing Position: Assistant Sales Manager Location: Mumbai, India Working Hours: 8 hours per day normally Reporting To: Sales & Marketing Manager Working with: Area Sales Manager & all other employees Purpose: To administer the preparation of quotes. Produce appropriate marketing collateral as required. Job Roles: Manage receipts, handling & escalation of all the sales. To follow up sales activities with clients & potential clients. To monitor company sales KPIs and sales performance. Finance Position: Accounts Manager Location: Mumbai, India Working Hours: 8 hours per day normally Reporting To: Senior Accountant Working with: MD, CFO & all other employees Purpose: Tasks may involve project management, strategic planning, sales support, product design, service application, logistics, and marketing. Job Roles: Keep records of client transactions. Forecasts and tracks client account metrics. Identifies opportunities to grow business with existing clients. Operates as the point of contact for assigned customers. HRM Position: Assistant Manager (Recruitment) Location: Mumbai, India Working Hours: 8 hours per day normally Reporting To: Senior Manager Working with: MD and other employees Purpose: Must hold multi-tasking skills and be able to function under pressure. Must hold excellent negotiation skills. Job Roles: Track offer acceptance & candidate on boarding status through prescribed MIS. To understand the hiring requirement for a specific department or roles and accordingly source right king of resources. To maintain high degree of integrity whilst dealing with vendors and candidates. JOB DESCRIPTION
  • 8. Marketing Educational qualifications:10th,12th, Graduation, PGDM or MBA in Marketing. Skills Required: Interpersonal, Communication, Managerial, Customer Relation. Experience :0- 2Years. Training: Experience 1 Month and Fresher 3 Month. Emotional Characteristics: Strong; Bold; Talkative; Expressive. Finance Educational qualifications:10th,12th, B.com, PGDM OR MBA in Finance. Skills Required: Managerial, Analytical, Commercial and Business. Experience Training: Experience 1 Month and Fresher 3 Month. Emotional Characteristics: Patience; Introvert; Calm; Strong and Bold from Inside. HRM Educational qualifications:10th,12th, Graduation, PGDM or MBA in Human Resource Management. Skills Required: Interpersonal, Communication, Managerial, Employee Relation; Employee Retention. Experience :0-2 Years. Training: Experience 1 Month and Fresher 3 Month. Emotional Characteristics: Patience; Self Motivator, Strong JOB SPECIFICATIONS
  • 9. TYPES OF TRAINING PROVIDED IN A COMPANY:
  • 10. Performance appraisal System & New Policy of Hero MotoCorp:
  • 11. CTC CALCULATION CTC (A) (B) (C) 2366000.00 1050000.00 458000.00 Basic Pay (30% of CTC) 946400.00 315000.00 137400.00 D.A (10% of Basic) 94640.00 31500.00 13740.00 H.R.A (40% of (B.P + D.A)) 520520.00 173250.00 60456.00 Conveyance Allowance (1600*12) 19200.00 19200.00 19200.00 Children Education Allowance (100*12*2) 2400.00 2400.00 2400.00 Children Allowance (Hostel) (300*12*2) 7200.00 7200.00 7200.00 Medical Reimbursement 20000.00 15000.00 15000.00 L.T.A ( 1 month of Basic Pay) 78866.67 26250.00 11450.00 Gratuity (B.P * 4.81%) 45521.84 15151.50 6608.94 Provident Fund (B.P + D.A)*12% 124924.80 41580.00 18136.80 Total 1859673.31 646531.50 291591.74 P.L.I (CTC - Total) 506326.69 403468.50 166408.26 1859673.00 611882.00 291592.00 Provident Fund 124925.00 41580.00 18137.00 Gratuity 45522.00 15152.00 6609.00 Employer Contribution 124925.00 41580.00 18137.00 Take Home 1564301.00 513570.00 248709.00 Per Month Take Home 130358.42 42797.50 20725.75
  • 12. Employee benefit Provided  Salary on time  Fix working hours  Free Bus Transportation  Free Breakfast and lunch & sweet and special food on salary day.  More no. of leaves  Travel, Medical brokerage Reimbursement.  Cheap rented accommodation in flats.