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 !