EXPERIENTIAL LEARNING - EVEN 2023-24 Understanding the HR practices at MAHAVIR COCONUT AND AGRO PRODUCTS PVT LTD 21IM67 - HUMAN RESOURCE MANAGEMENT Submitted by: Incharge Faculty: Prof. Nandini B (BN) 2023-24 DEPARTMENT OF INDUSTRIAL ENGINEERING AND MANAGEMENT 1RV21IM030 Madhav P Kasat 1RV21IM033 Nayan Agarwal
Company profile Organization chart Product profile HR Function Competitors Work Culture Compensation and Benefit Performance Evaluation Training and Internship Programs HR data analysis CONTENTS
COMPANY PROFILE
QUESTIONNAIRE What is your experience in the coconut industry? How do you ensure product quality and safety? Describe your sustainability practices. How do you manage customer satisfaction and feedback? What innovative approaches do you use in your processes? How do you contribute to community and environmental well-being? What training and development opportunities do you offer employees? Describe your onboarding process for new hires.
COMPANY VISION AND MISSION Vision To be a leading global provider of high-quality, sustainable coconut products, enriching lives with the natural goodness of coconuts and promoting eco-friendly practices. Mission To produce and deliver premium desiccated coconut powder that meets the highest standards of quality and sustainability, ensuring customer satisfaction and fostering long-term relationships with our partners. We are committed to innovation, ethical sourcing, and contributing to the well-being of our community and environment.
HR FUNCTIONS Recruitment and Selection : Hiring suitable candidates for various roles within the company, conducting interviews, and managing the selection process. Employee Relations : Handling employee grievances, conflicts, and ensuring a positive work environment. Training and Development : Providing training programs to enhance skills and knowledge of employees, ensuring they are equipped to perform their roles effectively. Compensation and Benefits : Managing payroll, salary structures, incentives, and other benefits such as insurance, retirement plans, etc. Performance Management : Setting goals, conducting performance appraisals, and providing feedback to employees to improve performance. HR Policies and Procedures : Developing and implementing company policies related to attendance, leave, code of conduct, etc., and ensuring compliance with labor laws.
TYPES OF BUSINESSES B2B We provide high-quality Desiccated Coconut Powder in bulk, tailored to meet the needs of food manufacturers, wholesalers, and retailers. Our commitment to quality ensures consistency and reliability for your production needs 2. B2C Our premium Desiccated Coconut Powder is perfect for home bakers and cooking enthusiasts. Enjoy the convenience and quality of our finely grated coconut, ideal for adding a tropical touch to your favorite recipes.
COMPETITORS
PRODUCTS IN SOCIAL MEDIA
PRODUCTS IN SOCIAL MEDIA
WORK CULTURE Company Registration: Registered in 1996. Geographical Presence: Mainly in Karnataka and Tamil Nadu. Working Hours: 9:30 AM to 6:30 PM with a 45-minute lunch break. Employee Count: 187 Departments: Production Quality Control Research and Development Logistics and Supply Chain Sales and Marketing Finance and Accounting Human Resources Customer Service Information Technology Maintenance
REQUIREMENT AND ONBOARDING Recruitment Sources: External Agencies Free Portals (e.g., Indeed) Referrals Campus Recruitment Conversion Rate: 80% after screening Cost per Hiring: 8.33% of CTC Background Verification: Reporting Source Ex-Employer 5) Onboarding Process: 6-Month Probation Period Orientation Program Training Sessions Mentorship Assignment Monthly Reviews Full Integration
COMPENSATION AND BENEFIT Salary Packages: Range from 2.5 LPA to 10 LPA (for employees with 10+ years of experience). Additional Benefits: Insurance Performance awards Employee welfare programs Compensation Structure: Installation Department: Fixed salary + travel allowances . Sales Department: Fixed salary + sales bonus.
PERFORMANCE EVALUATION Review Frequency: - Quarterly reviews by Manager. Evaluation Parameters: - Working hours - Involvement - Knowledge - Productivity - Quality of work Appraisal Hike: - 8-12% based on performance evaluation.
TRAINING AND INTERNSHIP PROGRAMS Training: Conducted by HOD and HR Internship Programs: HR: BBA, MBA Accounts: MFA, B.Com Technical: Engineering, Diploma Quality Control: Food Science, Microbiology R&D: Biotechnology, Food Technology Logistics: Supply Chain Management, Operations Employee Retention: Exit interview protocol with a detailed questionnaire Technology and Systems: Pagar attendance system (No ERP)