Talent Management :
Talent management at NK Minda Group is a systematic effort to source and develop internal talent, to meet current and future business needs. We believe in Workforce Planning and forecast our human capital requirement in advance, so that we have a talented and trained pool of human resources available to all strategic business projects.
Talent Acquisition :
Our growth at a rapid pace means that we need a large number of people, well qualified and trained to keep pace with our business needs. We source young talent from the campuses and develop them to meet the needs of the organization. We recruit from amongst the best of Engineering colleges, TRTC, Polytechnics, ICAI, ICSI and from reputed Business Schools. Each fresh recruit is put through a systematic, rigorous on the job training.
Training and Development :
We believe in developing and nurturing our employees. Training need identification for employees is done through Performance appraisals and also by SBU Heads. We have developed very strong programmes with the clear goal of making the NK Minda Group a leader.
Leadership Development :
There is conscious effort to develop Leadership and this involves identification of Key personnel, Feedback during Performance Appraisal, Assessment of Competencies, Gap analysis and Personal development plan. We do Competency Mapping and Career development of certain category of people.
Skill Development :
Skill Development is constant and focused endeavor in N K Minda Group. As a part of Skill Development, 21 Skill Champions are identified in areas of work culture, TPS practices, Product Development and specialized skills. They are responsible for up gradation of skills and horizontal deployment same across the Organization.
Motivation and Retention
Motivation :
“Joy at work place” is an important aspect that is cultivated across the Group. We make every effort to see that our employees are motivated. Some of the things we focus on are:
	Conducive Environment
	Employee Involvement – in QC circles, CFTs, TPS circles and Kaizens
	Rewards and recognition
	Balance of work life
	Get-togethers
	Open house
	Group meetings
The core philosophy at NK Minda Group is to encourage individuals to reach new heights in their careers. Therefore, the employees are encouraged to pursue goals, grow professionally, and maintain a healthy balance between their professional and personal lives. NK Minda Group believes that employees, who apply their enthusiasm and fervor to the business challenges, help the Group to achieve its goals and are the organization’s indispensable assets. Hard-working individuals performing together in teams are the ones that produce outstanding results and this is why personal initiative is as much recognized as is group effort.
Retention :
NK Minda Group has taken various proactive initiatives on retaining its capable workforce. We believe in being the friend, philosopher & guide of an employee and are committed to career development of employees. We reward merit and have strong built-in mechanisms to ensure that performance is recognized. We undertake regular Employee Satisfaction Surveys and offer employees opportunities for growth at all levels.
Alignment of Rewards and Performance
Performance Management System :
Performance Management system is aligned with performance of the Company. Individual are suitably rewarded for their contribution in achieving organizational goals and for his individual performance. Each individual is assessed on Performance vis-à-vis pre set target (what we call MPCPs), involvement in improvements projects, HRM initiatives and commitment to meet various organizational targets. Career Planning, Promotions, Job Rotation are integral part of the PMS. Alignment of PMS with all HRM initiatives is visible and correlated.
Benefits :
Benefits are important component of Rewards system. The benefits match, indeed better than the best available in the industry. Soft loans, medical, accidental and social benefits are part of benefit scheme.