Download - Scoops strategy
HR STRATEGY - SCOOPSPresented by;
Radhika Deshpande
Laxmi Mitra - 36
Prasad Punalkar - 44
Jimita Shah - 53
NAME – SCOOPS
PRODUCT – ICE-CREAMS, MILKSHAKES, ICE-CREAM SODAS, SMOOTHIES
STRENGTH S – UNIQUE FLAVOURS
WEAKNESS – LOW REACH
MODE - EXPANSION
COMPANY PROFILE COMPANY PROFILE
VISION : To make SCOOP synonymous with frozen dessert.
MISSION : To provide best quality dessert and service to our customers & ensure customer satisfaction.
HR MISSION : To provide quality service and support in employment, training, benefits. Employee relations, compensation enabling them to serve better to our external customers
• Ensuring maximum employee & customer satisfaction
• Valuing creativity of all employees
• Developing talent
CORE VALUES CORE VALUES
1. Formulating & communicating sound policies, rules & practices.
2. Treating employees with dignity & equality
3. To provide an environment for work which motivates the employees.
4. Accept responsibilities for promoting ethical & legal practices
HR VALUES HR VALUES
5 CITIES- Delhi, Mumbai, Kolkata, Bangalore, Chennai
HR STRATEGY FOR MUMBAI
• 10 EXISTING OUTLETS• 10 NEW OUTLETS
OUR PRESENCE OUR PRESENCE
Reduction in manpower Reduction in manpower
• Internal mobility
• Reduction in percentage of recruitment
Reduction in cost Reduction in cost
• Reduction in percentage of recruitment through employee referrals, portals
• Automation
Increase in productivity Delivering great customer service Increase in productivity Delivering great customer service
• Motivation – Rewards & Recognition Compensation Encourage employee participation Performance based incentives
• Build Skills – Training on communication & customer service
• PMS – Training, Promotion, Hikes & Rewards
Automation of the performance management systemAutomation of the performance management system
• Installation of appraisal management software designed according to company requirements.
• Implementation of HRIS
Reduction in attrition of key talentReduction in attrition of key talent
• Promoting innovative ideas
• Performance based incentives
• Motivation through rewards, recognition, hikes
• Career Planning
• Non monetary perks
• Communicating any changes effectively
• Benefits & programs to reduce stress
• Attractive & competitive compensation packages
• Addressing employee grievances
Make the company most desirable place to workMake the company most desirable place to work
• Company’s culture
• Personal growth – Career planning
• Work appreciation
• Encouraging employee participation
• Competitive compensation packages
• Performance based incentives
• Work life balance initiatives (flexible working hours)
Weaving core valuesWeaving core values
• Informal meetings & interactions of management & employee
• Encouraging innovativeness
• Developing talent
• Involving employees in important decisions
• Cultural events
• Mission review programs
COMPENSATION PHILOSOPHY
1) Internal Equity2) Lead the market3) Attract new talent (40%) + Retain existing talent (60%)
1) Internal Equity2) Lead the market3) Attract new talent (40%) + Retain existing talent (60%)
COMPENSATION EVALUATION
1) Job (70%) + Person (30%)2) Result oriented3) Performance oriented4) Experience preferred
1) Job (70%) + Person (30%)2) Result oriented3) Performance oriented4) Experience preferred
1) Fixed + Variable 2) Individual pay3) Financial Rewards
1) Fixed + Variable 2) Individual pay3) Financial Rewards
COMPENSATION STRUCTURE
COMPENSATION RANGE/BAND
1) Narrow band2) Non-overlapping1) Narrow band2) Non-overlapping
COMPENSATION DESIGN
1) Non-participative2) Static design3) Centralized4) Lead the market
1) Non-participative2) Static design3) Centralized4) Lead the market
MONTHLY (in Rs.) ANNUAL (in Rs.)
Basic Pay 3750 45000
HRA 600 7200
Conveyance 500 6000
Special Allowance 1000 12000
Gross Salary 5850 70200
Deductions
PF 450 5400
PT 200 2400
Net Salary 5100 61200
ASSOCIATE - SALARY COMPONENTS
• • Festival Bonus – Rs. 3748
• Referral Bonus – Rs. 800
• Entertainment Allowance – Rs. 300 – once in 3 months
• Employee of the month award
• Annual picnic
• ‘Stay fit & healthy’ session once a month
• Flexible work timings
• Festival Bonus – Rs. 3748
• Referral Bonus – Rs. 800
• Entertainment Allowance – Rs. 300 – once in 3 months
• Employee of the month award
• Annual picnic
• ‘Stay fit & healthy’ session once a month
• Flexible work timings
OTHER DIRECT & INDIRECT COMPENSATION
MONTHLY (in Rs.) ANNUAL (in Rs.)
Basic Pay 5000 60000
HRA 2000 24000
Conveyance 800 9600
Special Allowance 3500 42000
Medical Reimbursements 2000 24000
Gross Salary 13300 159600
Deductions
PF 600 7200
PT 200 2400
Net Salary 12500 150000
MANAGER – SALARY COMPONENTS
• Festival bonus – Rs. 4998
• Sodexo coupons – Rs. 250 – Every month
• Discounts on all SCOOPS products
• Annual picnic
• ‘Stay fit & healthy’ session once a month
• External training program
• Festival bonus – Rs. 4998
• Sodexo coupons – Rs. 250 – Every month
• Discounts on all SCOOPS products
• Annual picnic
• ‘Stay fit & healthy’ session once a month
• External training program
OTHER DIRECT & INDIRECT COMPENSATION
ASSOCIATES (60) MANAGERS (20)
ANNUAL SALARY 3672000 3000000
ANNUAL BONUS 224880 99960
THANK YOU !