Mahindra
Mahindra
Employees
Mahindra regularly upgrades the skill of its employees to make them
stand out in the crowd
Business no longer has an infinite life. To keep large companies running, with a high numbers
of employees, involvement of the employees (both blue and white collar) and their ownership
is necessary. We have seen a number of examples where companies cease to exist as they are
unable to take this crucial step into consideration for their growth. We need to train our
employees and make sure they have the right skills for the job. Every employer needs to
ensure the safety and security of their employees and does not necessarily need government
or union interventions for the same. As an organization, taking into account the thoughts and
ideas of employees is as important as their technical skills. We need to develop an
environment where the employee not just focuses on his work but also contributes to the
growth of the company and hones his/her own skills. To this end, engagement of the
workforce is of prime importance and we run a number of programs to bring it to life. Few of
them are enumerated hereunder:
Employee Satisfaction Survey
We conduct employee engagement surveys at the management level as well as the workmen
level, to assess the employee morale and to bring to light any issue that he/she might be
facing. For work-men the frequency of survey is once in two years. These surveys are
conducted on an online system, set up by corporate team, where all levels of employees input
their preferences on a 70 question long survey. The results not only help us gauge the
satisfaction level of the employees, but also work as a performance report for leadership
effectiveness. Over the last few years, we have managed to get a consistent 4 star rating (on a
5 pointer scale) which translates into almost 80 percent employee satisfaction. Not only this,
we wish to work on improving this number year-on-year, with an action plan being made
every quarter based on the feedback received.
Young Mahindra Program
Our workforce consists of 50 to 60 percent of Gen X and Y. Hence, keeping the Millennials
engaged is of prime importance. Young Mahindra Program is the forum where youngsters
participate to form a parallel governing council. Here, they debate on company issues and
come up with solutions, while also participating in cultural programs and conduct initiatives.
Their recommendations are communicated through various programs that we run and are
duly noted by senior management.
The implementation of the transformation strategy has impacted employees with 350
compulsory redundancies in our manufacturing operation in April 2012. The decision to
adjust our workforce was a very difficult but necessary, resulting from challenging business
conditions including reduced production volume and profitability. There were also 20
compulsory redundancies in our security function as a result of it being outsourced.
Following the redundancies, a key challenge for the company was to connect with and retain
the remaining workforce. A number of milestones achieved during the year helped us to do
this including the opening of the new engine manufacturing facility. Employee confidence in
the company was reflected in 2012s improved employee satisfaction index.
Workplace productivity will continue to be an issue for the business and is a key component
of the transformation strategy.