Presentation Training

Presentation on

Training

Summer

Presented by: Rajveer Singh Panwar

Introduction

Presentation on Project of two months Summer Training at the Ambuja Realty Development Ltd. for completion of the PGDM from Aravali Institute of Management.

Industry Overview 

   

The term "real estate" refers to the land and fixtures together, as distinguished from "real property," referring to ownership rights of the land itself The real estate sector in India is flourishing rapidly with a growth rate of 30% each year. About 80% of the real estate development in India has been in the field of residential housing. The remaining 20% of the real estate includes office, shopping malls, entertainment centers, hotels, multiplexes and hospitals. India’s booming outsourcing business industry and consumption-led growth are contributing significantly to its real estate growth

Some kinds of real estate businesses include:    

Brokerages: Assisting buyers and sellers in transactions Development: Improving land for use by adding or replacing buildings Property management: Managing a property for its owner(s) Relocation services: Relocating people or business to a different country

Company Overview Ambuja Realty Group 





Promoted as a joint enterprise between West Bengal Housing Board (WBHB) and Gujarat Ambuja Cements Ltd (GACL), Ambuja Realty is now a joint venture between WBHB and Ambuja Housing and Urban Infrastructure Company Limited both enjoying equal equity participation The Company was incorporated in the year 1993 to supplement the efforts of the Housing Board to meet the housing demand in West Bengal over all levels of the society Currently, the Ambuja Realty group is being led by Shri Harshvardhan Neotia under the guidance of group patriarchs Shri Suresh Neotia and Shri Vinod Neotia

Vision & Mission Vision Our dream is to build homes, not just for a selected few but for everyone. Affordable homes built on strong foundations, to bring you closer to nature, to happiness, and to yourself.

Mission To make a difference to the way people live, by creating homes that are more than four walls, homes that are part of a neighborhood which encapsulates the essence of our society.

Ambuja Realty Group            

Bengal Ambuja Housing Development Ltd Ambuja Realty Development Ltd Ambuja Housing and Urban Infrastructure Co. Ltd CGL Hotel & Resort Co. Ltd. Ganapati Parks Ltd. Park Hospitals Bengal Ambuja Metro Development Ltd. Choicest Enterprises Ltd. Bhagirathi Greenfield Real Estate Ltd. Udayan Greenfield Developers Neotia Elbit Hospital Venture Ltd. AIPL Ambuja Housing & Urban Infrastructure Ltd.

Overview of The Ffort  The

Ffort is a vision of the Managing Director, Mr. Harsh Vardhan Neotia. Opened in 1997 as a landmark in West Bengal  Today it proudly stands as a piece of art amidst 60 acres of landscaped greenery against the backdrop of the river Hooghly and a stroke of blue skyline beyond.  The resort is constructed on an old fort theme.

Cont…..  Consisting

of 60 luxury rooms and 2 suites, it offers all facilities for conferences & leisure.

Project Title

To study the various policies/practices of the company and find out ‘The Ffort Raichak’ employees’ satisfaction level regarding the policies of the company.

Objective  To

understand the various policies/practices of the company.  To find out the employees satisfaction regarding the policies of the company & suggest any recommendations if required.

Employee Satisfaction Survey  To

find out whether the employee are aware about the policies of the company.

 To

find out their satisfaction level and take their opinion regarding the policies

 To

suggest any recommendations if required according to the data collected.

Research Methodology

 Research  Data

Type : Quantitative

Universe : Total Staff of the TFR

 Sample

Size : 50

Cont…. Data Collection Tool 



Primary Data :

Questionnaire Interactions with employees Secondary Data : Corporate Manual Books & Websites

Leave Rules for Staff A

16%

U.S. H.U.

0% 0%

H.S.

31%

Leave Travel Assistance

S.

53%

U.S.

14%

A

26%

H.U. 0%

H.S.

31%

TA/DA/Local Convince Policy U.S.

A

2%

H.U. H.S.

4%

24%

20%

Mobile Phone Policy H.U.

10%

S.

50%

H.S.

24% U.S.

28%

S.

7%A

31%

Motor Car Policy

U.S.

H.U.

4%

H.S.

0%

21%

S.

29%

Housing Loan Interest Subsidy Allowance Policy

A

H.U.

46%

H.S.

23%

23%

U.S.

20%

S. A

2%

32%

Policy on Wedding Gift H.U.

U.S.

6%

18%

H.S.

49%

A

Discount to Employees for treatment in BNWCCC

9% S.

18%

U.S. A

13%

S.

52%

2%

H.U.

0%

H.S.

33%

Policy on Transfer TA Rule

U.S.

11%

H.U.

0%

H.S.

19%

A

24%

Health Check up at BNWCCC U.S.

S.

A

46%

21%

S.

48%

H.U.

0% 0%

H.S.

31%

Discount to employees in various company’s outlet

U.S.

17%

H.U. H.S.

0%

24%

A

Training & Development Policy

17% S.

42%

U.S.

7% A

22%

H.U.

2%

H.S.

39%

S.

30%

Recruitment Policy

U.S.

9%

H.U.

7%

H.S.

22%

Joining Policy A

22% U.S.

S.

40%

12%

H.U.

0%

A

14%

S.

51%

H.S.

23%

Policy on Induction of New Employee

U.S.

13%

H.U. H.S.

0%

27%

A

18%

Deputation Allowance Policy

42%

S.

5% 26%

U.S.

H.U. H.S.

0%

A

29%

S. 40%

Policy on Inter/Intra Department Transfer

U.S.

A

4%

H.U. H.S.

2%

24%

24%

Policy on Salary Advance

46%

S. H.U.

6%

U.S.

H.S.

17%

23%

S. A

33% 21%

Policy on Full & Final Settlement on separation of Employee U.S.

7%

H.U. H.S.

0%

24%

A

28%

Med claim Coverage Policy

41%

S.

A

13%

U.S. H.U.

0% 0% H.S.

43%

S.

44%

Policy on Reimbursement of account of Late Sitting H.U. U.S.

H.S.

12%

28%

7%

A

Policy on Uniform to Drivers & Office Assistance

16% S.

37%

U.S.

4% 22%

H.U.

7%

H.S.

22%

A

45%

S.

Policy on Summer Vocational Training

A

26%

U.S. H.U.

0% 0%

H.S.

35%

Policy on Visiting Cards to Executive S.

39% U.S.

18%

A

36%

H.U.

0%

H.S.

21%

S.

25%

Findings  



 

90% of the staff was not aware of the policies of the company. The HR-policies of the company covers mainly the payroll staff under the various policies while the FTC staff is not covered under 45% of the policies. 56% of the total staff is FTC staff, while they are not covered under the various policies of the company. 30% of the staff is outsourced to the KDSP company. 43% of the staff comes under the payroll staff.

Cont….  56%

of the total employees are satisfied by the policies of the company.  The rate of attrition in the unit is near about 30% - 35%.  Employees in the unit get a leave, that is compensatory off, this leave is provided as a compensation to the employees for their work on off days.

Suggestions 





There should be a provision for FTC Staff, those who has completed three years of regular services with the company should be considered under the payroll staff of the company. To motivate the employees the company may adopt the incentive payment scheme. The organization should organize more training sessions or should send the employees to various workshops/training sessions to get better understanding about their project



Employees should be awarded by the management on the annual meet for the following and certificates should also be given

2.

Best Performer of the each Department Best Employee of the Year

3.



Proper Induction/Orientation of the employees should be conducted so that he/she gets familiar with the organization & its work.