and dedication contributed greatly to its success We will always be thankful to you for all the hard work and efforts you have put in, You are not only our teacher. Rather, you are friend and guide, all molded into one person. Introduction Introduction
World recognized electronics and electrical business Siemens has been positioned among the top 3 electronics and electrical organizations all over the world Siemens is a very big company which is employing around 450,000 people Vission A world of proven talent, delivering breakthrough innovations, giving customers a unique competitive edge, enabling societies to master most vital challenges and creating sustainable value Mission Throughout global network of Innovation and strong local presence pooling and developing knowledge and competencies within a high performance Organization aiming to create outstanding Value for clients, employees, shareholder and society Aim of This Project
Explore overall HR Management of Siemens, i.e. how Siemens recruit people, how they maintain, improve skill and efficiency of their employee etc. Siemens always emphasize on their Outstanding quality on the way to their suceess Business Groups in Siemens Industry Sector Industry Solutions Motors and Drives Building Technologies Industry Automation Financial Solutions IT Solutions
Industry Solution Siemens Industry helps customers in the industrial sectors succeed by providing complete engineering and automation solutions Motors and Drives Siemens has complete power conversion spectrum, driving both energy efficiency and productivity improvements. Building Technologies Siemens offer a complete technical infrastructure portfolio for building automation, energy efficiency, fire safety, security, total building solutions and market specific solutions in buildings and public places Energy Development Sector Power Generation Power Transmission & Distribution Solutions for the Oil & Gas Industry Market Specific Solutions
Power Generation One of the world leading power engineering companies which deliver innovative and environmental friendly solution
Market Specific Solutions Siemens innovate around your future market needs with its cross infrastructure Health Care Services Clinical Workflow Solutions Diagnostic Imaging and Therapy Healthcare Infrastructure Hearing Instruments Laboratory Diagnostics
Clinical Workflow Solutions Siemens expert team will help to see built these links.
Laboratory Diagnostics Siemens offer a broad portfolio of performance driven diagnostic solution HUMAN RESOURCE PRACTICES AT SIEMENS Siemens is achieving great things Because of its forward-thinking Employees Siemens, welcome ideas Siemens provide an environment where diversity is seen as competitive advantage and superior performance is recognized Job Analysis Demand and Supply Forecasting Selection and Recruitment Training & Development Performance Appraisal Compensation and Benefit in Siemens Job Analysis This includes details about tasks to be performed as part of a job and the personal qualities required to do them Demand and Supply Forecasting It is associated with forecasting overall requirements in accordance with the organizational plans & Supply forecasting is associated with obtaining information about present & future human resource. Selection and Recruitment Apply Online Telephone Interview Face to Face Interview Aptitude Test References and Background Check Offer & Acceptance
Training & Development On the Job Training Shadowing Mentoring Coaching J ob Rotation Off the Job Training Apprenticeships Siemens Commercial Academy Siemens Graduate Program Performance Appraisal Siemens uses an appraisal system, known as a Performance Management process This helps to focus everyone on the developing needs of the business Compensation and Benefit Performance-Related Compensation Typical Pay Composition Fixed pay Benefits Risk protection Health and well-being Pensions Fringe benefits EVALUATION OF SIEMENS HRM Throughout the strong workforce planning, selection and recruitment process, Siemens is highly successful to have right kind of people at right places at the right time. Besides, the training and development of Siemens help its employees to become economically useful. Evaluation of Job Analysis & Workforce Planning Siemens always attract innovative people to work with them as Siemens believe that innovation drives their success. Siemens influence curious people with initiative and talent to find excellent career opportunities with them Evaluation of Selection & Recruitment siemens always emphasizes on skill of the employees Communication Skills Team Working Problem Solving Interpersonal Skills Self Confidence Time Management Decision Making Analytical Skills Evaluation of Training & Development Siemens plays a vital role in developing stuff, which would help Siemens in future The training and development process of Siemens helps its employees to get higher position within the organization Evaluation of Performance Appraisal Performance appraisal at Siemens ensures that all the employees are being told honestly about their job performance Performance Management at Siemens helps the company to drive talent management. Siemens believe that if the employees are clear about the level of their performance they would be motivated RECOMMENDATION Anticipate External Business Environment While recruiting people Siemens should emphasize on those External People Utilize the Opportunities In order to better utilization of opportunities Siemens need to recruit and train their employees at advance. Emphasize on Action Learning Siemens should give more emphasize on action learning Increase Pay Scale & Incentives Siemens should increase pay scale for lower level employees as compare to its competitors Better Coordination A better coordination should be developed between the top management and lower level employees in Siemens