HUMAN RESOURCES

HUMAN RESOURCE PHILOSOPHY

HR Mission

To attract, retain and develop the highest quality of talent. To motivate employees with skills and knowledge,
appropriate to perform various functions of the company’s business activities. To create an environment of
excellence and work culture including fair and harmonious employer - employee relations conducive for
achievement of organizational goals through collective participation, optimum utilization & welfare of employees.

Statement of HR Policies

 To attract and retain the best available talent.

 To make available resources for effectively executing projects.
 To provide employees with adequate opportunity for growth and career development.
 Succession planning.
 To optimize utilization of human resources and tap their latent potential.
 To recognize and reward employee’s contribution to the growth of the organization.
 To provide training and development to the employees for their professional & personal development.
 To create a work atmosphere and develop a work culture which is conducive for achievement of excellence, total
quality management and productivity.
 To develop a spirit of brotherliness and camaraderie among employees.
 To promote and maintain fair and harmonious employee - employer relations.
 To provide for sharing of relevant information between employer - employees for effective involvement of staff
at all levels.

Work Culture

The most important element of the work life is the work culture. We promote the culture, which is a blend of
innovation, performance, technology, reward, trust and openness. Our vision, our beliefs and values, performance
appraisal systems, Reward and Recognition systems are instrumental in helping us achieve the desired culture.

The true reflection of our work culture may be seen in the values that we live:

 At workplace we will treat each employee with dignity, trust and respect.
 We firmly believe that an open culture and a participative style of management works well for us.
 We believe in being impartial and unbiased and we recruit people based on merit, reward people based on
performance & promote people based on ability.
 We will always have a close regard and concern for the welfare of our people and their families.

Training and Development:

 PMS philosophy is rooted in the growth and development of its employees through training and development.

PMS believes that training and employee development not only acts to attract and retain employees but also
provides competitive advantage by strengthening the knowledge and skill base of the company.

The company has a comprehensively formulated training policy. Apart from induction training for the new
appointees, Corporate wide, functional and developmental in-house training programmers are conducted for the
employees. Employees regularly undergo external training on a wide range of self-development and management
development areas.

 HUMAN RESOURCE INITIATIVES

Human Resources Development envisages the growth of the individual in tandem with the organization and aims
to achieve synchronization in a bid to attain the goals set out. It also, inter-alia, aims at the upliftment of the
individual by ensuring an enabling environment to develop capabilities and to optimize performance. The
organization, on its part, would endeavor to tap individual talents and through various initiatives, ingrain in its
human resources, a sense of job satisfaction that would, with time, percolates down the line.

 Employee of the Year

PMS has always acknowledged the efforts and contribution made by employees in taking the company where it
stands today. As an endeavor to recognize and reward the exemplary accomplishments of the employees we
have a HRD system "Employee of the Year".

 Performance Appraisal Process

An annual process has been designed and implemented to
o Facilitate proper record of individuals performance assessment
o Give feedback on the employee's performance as objectively as possible
o Help employees develop their potential
o Provide a basis for promotion and increments
o Identify the training needs of an individual