INDIAN ISTITUTE OF PLANING MANAGEMENT (IIPM)

INTERNSHIP REPORT
ARVIND REMEDIES LTD
Human Resource Department
(20/7/2012 to 18/8/2012)
Name: K.EDBERK
Batch: F11-13 IIPM !
Ro"" #o: -1
ID #o:$1113F%IIPMP&P20002
INDIAN ISTITUTE OF PLANING MANAGEMENT (IIPM)
Roll no: A-1

Declaration,

I hereby declare that the project done under the title Summer Internship Report on
Arvind Remedies Ltd, Chennai , submitted for the aard of the de!ree of "aster of
#usiness Administration is my ori!inal or$ and that no part of this report has been
submitted fully or partly for any other reco!nition earlier%



Date : 27/9/2012
Place : Chennai
Signature of candidate
A!NO"LEDGEMENT#
&irst and foremost I ould li$e to than$ AR'I(D R)")DI)S
L*D and the e+ecutives those ho helped me to do the trainin!
successfully% I ould li$e to than$ "r%RA,A(-Senior .R "ana!er/
,"R%Sathish-Senior .R )+ecutive/ and "r%#harath-.R Assistant/ for the
valuable !uidance and advice% *hey inspired me !reatly to or$ in this
trainin! pro!ram% *heir illin!ness to motivate me contributed
tremendously to this pro!ram% I also ould li$e to than$ them for shoin!
us some e+ample that related to the topic of trainin! pro!ram%
I ould li$e to e+press my special than$s of !ratitude to INDIAN
ISI!" #$ P%ANIN& 'ANA&"'"N (IIP') as ell as our 0rofessor
R%1rishnan, Dean, II0", Chennai, ho !ave me this !olden opportunity to
do this summer trainin! in a successful manner, hich also helped me to
$no about so many ne thin!s
&inally I than$ my teachers, respondents, friends and parents ho
helped us in completin! my trainin! successfully%
*han$ you,
ontent#
S$no T%t&e Pa'e no
1 "*ecuti+e ,u--ar.
a)i-e #ffice 'anage-ent
/)Statutor. 0R
c)"-ergenc. Contact
2
2 Introduction 3
1 Co-2an. Profile 4
3 4i,ion 5
5 4alue,
a)6ualit.
/)Inno+ation
c)Integrit.
d)Co--unit.
5
7 0R Initiati+e, 6
7 Pro8ect #/8ecti+e, 7
9 Acti+itie,
a)i-e #ffice 'anage-ent
/)'eeting,
7
9 Conclu,ion 8
10 :i/liogra2h. 8
E(ecut%)e Summar*#
*his e+ecutive Summary revies the findin!s of the internship trainin! on
.uman Resource Department done by me for a month period in Arvind
Remedies Ltd% .uman Resource "ana!ement is the mana!ement of
an or!ani9ation:s or$force, or human resources% It is responsible for
the attraction, selection, trainin!, assessment, and reardin! of employees,
hile also overseein! or!ani9ational leadership and culture, and ensurin!
compliance ith employment and labor las% In circumstances here
employees desire and are le!ally authori9ed to hold a collective bar!ainin!
a!reement, .R ill typically also serve as the company:s primary liaison
ith the employees: representatives%
T%me O++%ce Mana'ement#
*ime ;ffice "ana!ement is one of the vital roles played by .R mana!ers
in any or!ani9ation% It is so because it has its impact on all the functions in
an or!ani9ation% It starts from the attendance to payroll and finally to
re!ister the records %*o utili9e the available time in optimum manner to
achieve one<s personal and professional !oals% As a function is
implemented in the or!ani9ation, it should be recorded in the manner that it
should be si!ned by the ri!ht authority for further reference%
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Statutor* HR#
Statutory .uman Resource "ana!ement is one of the roles hich is
considered as very important% Its deals ith maintainin! all details about
the or!ani9ation and the employees of that or!ani9ation% =overnment
officials ho come for auditin! and reference for certification of the
company as$ for these records% *hese records are called as &;R"S%
Emer'enc* ontact#
"aintainin! )mer!ency Contact Details is a small role but is one of the
important role% It is even more important to this type of companies because
this company deals ith the production of medicine and so they deal ith
chemicals and also machines in hich accidents may be usual or common%
.uman Resource Department is responsible for providin! the needed
resources, elfare activities for the employees to or$ efficiency%
>
Intro,uct%on#
*he achievement of any of the or!ani9ation depends on the ?uality, effort
and co@operation of its employees% *his achievement can be or!ani9ed by
the .uman Resource "ana!ers% Ae have a responsibility toards our
employees to provide a hi!h standard of employment and or$in!
conditions, to treat employees fairly and e?uitably and to provide them ith
opportunities to help them develop and achieve a sense of satisfaction from
their or$%
*he .uman Resources is responsible for providin! a comprehensive and
coordinated .R services to AR4IND R"'"DI"S consistent ith best
industry practice% I choose my carrier in this sector, so that I could also be
part in !overnin! an or!ani9ation to meet its re?uirements%
*he Concept of .R" as first defined by #a$$e in 2866, ho as of the
opinion that as ith all other resources in the business that needs to be
properly mana!ed and utili9ed, the optimum utili9ation of .umans as
resource is inevitable for the success of any business or!ani9ation, thus
the term .uman Resource "ana!ement as coined%
3
ompan* pro+%&e#
Arvind Remedies Ltd forayed into the orld of ?uality healthcare in 2877
under the dynamic and ambitious steardship of Dr%Arvind Shah, "ana!in!
Director and C);% Incorporated as a 0rivate Limited Company, e set out
to manufacture and mar$et orld@class allopathic and ayurvedic
pharmaceutical products ithin and outside India, thus be!innin! to reali9e
the vision of brin!in! hi!h ?uality healthcare to the common man% Since
then, e have come a lon! ay% .avin! !ron notably in terms of
production capacity, product cate!ories, mar$et share, advancements in R
B D, mar$et reach and !lobal acceptance, e are today a si!nificant force
to rec$on ith in the Indian 0harmaceutical Industry%
Standin! testimony to this is the fact that e are IS; 8CC2 certified% ;ur
ed!e lies in constantly settin! hi!her benchmar$s and strivin! to surpass
them throu!h the products and treatments e deliver% *he manufacturin!
facilities, processes and documentation procedures involved, needless to
say, conform to the hi!hest !lobal standards, namely A.; =ood
"anufacturin! 0ractices -="0/ and Schedule " Compliance%
*he fact that our products fulfill the hi!hest Duality e+pectations is evident
by the reco!nition and acceptance e enjoy amon! presti!ious clients
includin! Defence )stablishments, )SI, C=.S, State =overnments, 0ublic
Sector Companies, 0B*, Railays and Aorld #an$ 0rojects% Ae supply
more than 6C products and combinations to these Institutions%
4
V%s%on#
Its vision is to become one amon! the 5C lar!e Indian companies in the
ne+t 5 years% Arvind Remedies Limited to be a =lobal 0layer in the
0harmaceutical Industry by "anufacturin! and "ar$etin! Duality "edicinal
0roducts both in Allopathy and Ayurveda%
Va&ues#
At Arvind Remedies, values have evolved since our foundin!, and capture
the spirit, philosophy and day@to@day business practices of our company% Its
values are a reinforcement of lon!@held company principles that underscore
our relationships ith customers, partners and employees%
-ua&%t*#
Its commitment is to produce hi!h ?uality medicines ith a focus to
achieve customer satisfaction%
Inno)at%on#
In an industry that moves at li!htnin! speed, innovation is critical to
Its competitiveness% ;ur approach to research B development, combined
ith our constant efforts to anticipate customer needs, improve ?uality and
reduce costs ill enable us to deliver the best products%
Inte'r%t*#
Its employees must alays act ith the utmost inte!rity, and be !uided by
hat is ethical and ri!ht for our customers%
ommun%t*:
ARL and its employees reco!ni9e that e have the responsibility, and
opportunity, to contribute to the communities in hich e live, and ma$e a
meanin!ful difference to people:s lives%
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HR In%t%at%)es#
.$A/ar, Reco'n%t%on Pro'ram#
Aard pro!ram created to reco!ni9e individuals and teams for si!nificant
contribution to business% Reardin! B celebratin! si!nificant and creative
achievements by people is one of the leadership practices and also places
value on people or$in! individually and as teams to be motivated to
succeed@ or$in! to!ether in partnership in pursuit of the ARL mission and
core values of AR'I(D R)")DI)S 'ision% Aard pro!ram desi!ned to
!ive ARL the opportunity to reard their people for e+ceptional contribution
that ma$es an impact on the or!ani9ation%
0$ompensat%on 1 2ene+%ts#
As per the Compensation B #enefits 0olicy of the company, benchmar$in!
e+ercise shall be underta$en once in three years and further revisions shall
be decided%
3$Per+ormance appra%sa&#
0erformance appraisal ill ta$e place for every employee% Annual
increments ill be !ranted in accordance ith the Compensation and
#enefits 0olicy of the Company based on performance appraisal ratin!%
;n completion of performance appraisal employees ith e+ceptionally hi!h
performance ill be rearded by Individual 0erformance Incentive decided
by the Company from time to time% #ased on Company:s overall
performance in terms of the business plan and profitability, Company
performance incentive ill be determined based on an approved formula
and paid to all employees%
6
4$!RA5s (!e* Resu&t Areas)#
At the be!innin! of the financial year every employee ill be re?uired to
finali9e their 1RA:s -1ey Result Areas/ for the year as per the
businessEfunctional plan% Revie of accomplishments ill ta$e place at the
time of annual performance appraisal%
6$Tra%n%n' an, ,e)e&opment#
*o enable employees to up!rade their s$ills B enhance their performance
trainin! and development initiatives ill be ta$en up, trainin! needs bein!
identified throu!h the performance appraisal of individual employee%
7$Emp&o*ee op%n%on sur)e*#
)mployee opinion survey is conducted in the Company to !et to $no the
perception of the employees and to facilitate employee participation

F
Pro8ect O98ect%)e#
*he objective of my internship is to !ain $noled!e and e+perience in
or$in! environment, and so it ill be helpful for me to implement in my
career% *his helped me to $no about the real time problems faced by the
mana!ers and confidence to solve the problems%
Act%)%t%es#
a)T%me o++%ce Mana'ement#
*he first tas$ performed in time office mana!ement is to chec$ the
attendance re!ister and loo$ after the number of employees present% Since
it is a manufacturin! company the availability of man poer is very
important% *hen the previous days, time office record should be re!istered
and recorded for future use% *his has direct impact on payroll% *hen the
ee$ly schedule for allocatin! employees for both day and ni!ht shifts are
rechec$ed and alterations should be done if needed accordin! to the
company<s production need or employees su!!estions%
9)Meet%n's#
.R mana!ers are responsible for conductin! meetin!s in the company%
Since Arvind Remedies is a 0ublic sector company meetin! should be
conducted by the "ana!in! Directors and they are mandatory% Information
and details about the meetin! should be informed to all the responsible
person<s and the meetin! date should be fi+ed by .R mana!ers accordin!
to the candidate<s preference% *hen the presence of re?uirements li$e files,
records, ater etc,%% should be verified%
7
onc&us%on#
;n under!oin! internship trainin! in Arvind Remedies Ltd, I have !ained
$noled!e on the roles of .uman Resource Department in or!ani9ation%
#y usin! this e+perience in .uman Resource "ana!ement, I !ot the hope
that I can ithstand in my career% I can implement the .R activities and
solve problems in my job career% I than$ Arvind Remedies Ltd for !ivin! this
!reat opportunity to be !et trained in .uman Resource "ana!ement%
2%9&%o'rap:*#
%arvindremedies%com
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