HRM Planning For Knowledge Hub

HRM Planning for
Knowledge Hub
Presented by:
Abanty Majumdar
Abhishek Verma
Bishal Roy
Pragati Kumari
Priya Kumari
S. Abhishek Nanda
Sucharita Sarkar
Sukanya Chakarbort
Sujata Sharma
INTRODUCTION
• It is an online education platform which provides free and paid learning
opportunity to the students of all streams and particularly to the aspirants
who are preparing for the competitive exams.
Knowledge Hub
• It was founded in 2017. It’s a kolkata based online Education Company which Formation 2017
offer so many courses like classes 11-12, JEE, NEET, BITS, Test Preparation Founder Nitu Singhi
of CAT, GMAT, MAT, CMAT, General Competition, TOEFL Exam, etc. (CEO),Kumar
Sharma and
• Knowledge Hub, India's largest education platform, we are changing that in a Simple
span online lessons and specialized courses on cracking various competitive Kumari
examinations, on our platform. Type Private
Headquarter Kolkata,
• We have on board some of the top educators in the country. We are touching s India
the lives of people in the remotest corners of the country. Our success stories Services Online
include so many students who have cracked toughest of examinations, Education
improved their ability to speak and write better and increase their knowledge. Parent Knowledge
organization Hub
• Tagline of our company “Achieving excellence together” Technologies
Mission is to promote student
achievement and preparation for global
Our vision is to partner with the brightest competitiveness by
minds and have courses on every possible topic fostering educational excellence and
in multiple languages so the whole world can ensuring equal access. Institute is
benefit from these courses. India is home to dedicated to providing the highest
19% of the world's youth and we are quality education possible for our
empowering them to take on the world in a students.
manner that classrooms will never do.
CULTURE
End of Day meetings

Birthday celebration of every employee
Celebration of every festival
No formal dress code
Team Outing when required
4
CEO
GM
Chief
Chief IT Administra Academic
CFO CMO HRD Officer tive Head s Head
Manager
Sr. Marketin
HR HRWeb
Account g Team Mana Developer
Execut Registra Faculty
ant ger s/ IT
ive r Members
Engineers
Marketin
Jr. Jr. g
Accountant Accountan Executive Office
t s Maintenanc
e Team
HR
Executive
ROLES AND RESPONSIBILITIES
• Each and every member of an organization has to perform some desired roles and responsibilities
in which he/she is specified to.
• The CEO is the highest ranked executive in the company. And along with the power he/she also
has the mammoth responsibility of looking after the entire working of the organization as a whole.
The CEO has to make major corporate decisions, manage the company's overall resources and
operations, and communicate with the board of directors, management team, and corporate
operations. In simple words, he is the part and parcel of the organization.
• The next position is held by General Manager. GM can be better described as the 3 rd eye of CEO.
They are basically tasked with overseeing daily business activities, improving overall business
functions, training heads of departments, managing budgets, developing strategic plans, creating
policies, and communicating business goals. In other words, GM has to make sure that all the
decisions taken by the CEO has been formulated in the most proper way.
CONTD..
• Under GM, these are the following post holders

• CFO:- The main role of Chief Financial Officer is to perform effective risk
management and plan the organization’s financial strategy. It is a very important
and complex role since an organization can only survive if it actively investigates
and safeguards its finances. All the accountants have to report under CFO.
• HRD:- Human Resource directors are responsible for the smooth and profitable
operation of a company's human resources department. Typically, they
supervise and provide consultation to management on strategic staffing plans,
compensation, benefits, training and development, budget, and labor relations. The
HR managers and faculties have to report directly to HRD.
CONTD..
• CMO:- the CMO's primary responsibility is to generate revenue by increasing

sales through successful online and offline marketing for the entire organization,
using market research, pricing, product marketing, marketing
communications, advertising and public relations. The whole marketing team
has to report under CMO.
• IT:- The responsibilities of an IT specialist include network management,
software development and database administration. IT specialists also has to
provide technical support to the organization's employees and train non-
technical workers on the business's information systems. All the Web
developers and technicians have to report under him/her.
CONTD..
• Administrative head:- Administrative Head’s main role is

to oversee the day-to-day operations of the office. This may
include ordering supplies, scheduling maintenance of the
office's equipment and computers, maintaining meeting
schedules and writing or reviewing contracts. All the office
registrars and the office maintenance staffs have to report
under the Administrative head.
COURSES OFFERED
• MBA Entrance (CAT, MAT, XAT etc)

• Medical Examinations (NEET)
• ENGINEERING Entrance Examinations (IIT-JEE)
• International Examinations (GMAT, TOFEL)
• Banking and other competitive exams
10
RECRUITMENT
AND
SELECTION PROCESS
Recruitment
Internal Recruitment.
 Referrals.
 Retired School Teachers.
External Recruitment.
 Advertisements.
 Campus Drive in different colleges.
 Outsourcing / Consultancies
Selection
Applicatio
n
Written
Test
Group
Discussion
Personal
Interview
Reference
Check
Demo Classes
Final Selection
Induction & Orientation
TRAINING & DEVELOPMENT
• Orientation training
• Job Instruction training
• Conference or Discussion
• Management Games
• Coaching (eg- IT people about new software)
15
SALARY BREAK-UP
Net Salary = [(1) + (2) + (3) + (4)] – (5)
1 = Basic
2 = Dearness Allowance GROSS SALARY
3 = House Rent Allowance
4 = Other Allowances
5 = Deductions
CONTD..
OTHER ALLOWENCES
DEDUCTION
• Conveyance Allowance Tax
• Entertainment Allowance Employee PF contribution (12% of
basic)
• Overtime Allowance Professional Tax
• Medical Reimbursements
SALARY SLIP OF AN EXECUTIVE
OFFICER
Amount
Component of Salary (per annum or p.a)
Basic Salary 480,000
Dearness Allowance 48,000
House Rent Allowance 96,000
Conveyance Allowance 12,000
Entertainment Allowance 12,000
Overtime Allowance 12,000
Medical Reimbursements 15,000
Gross Salary 6,75,000
Tax 57,103
Employee PF contribution(12% of Basic) 57,600
Professional Tax 2400
Total Deductions 1,17,103
Net Salary = Gross Taxable Salary – Tax =6,75,000- 1,17,103=5,57,897
Net Monthly Salary =557897/12=46,491.42
SALARY SLIP OF A MANAGER OR
DEVELOPER
Component of Salary (per annum or p.a) Amount

Basic Salary 280,000
Dearness Allowance 28,000
House Rent Allowance 60,000
Conveyance Allowance 7,000
Entertainment Allowance 7,000
Overtime Allowance 7,000
Medical Reimbursements 9,000
Gross Salary 3,98,000
Tax 33,292
Employee PF contribution(12% of Basic) 33,600
Professional Tax 1,400
Total Deductions 68,292
Net Salary = Gross Taxable Salary – Tax =3,98,000- 68,292=3,29,708
Net Monthly Salary =329708/12=27,475.66
PERFORMANCE APPRAISAL
• Method chosen
MBO(management by objective)
• about MBO
Well regarded and widely used approach
Cascading of organizational goals, mission vision and objectives
Each employee has their own set of goals to support organizational goals
Entire organization is linked together in the pursuit of objectives
PERFORMANCE APPRAISAL …CONT.….
Participative decision making

Limited time period within which the job is to be performed
Evaluation process is result based
RATIONALE FOR SELECTION
• To provide quality education over a number of period of time

• Result can be easily judged by the number of students cracking exams
• Participative decision making allows to consider the valuable ideas and
thoughts of faculty members with equal importance and which is very much
needed for our company
• Employees find themselves to be the same entity with the company and that
really motivates them to a great extent
• A strong connection with each department can be maintained with this type of
appraisal procedure
23

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HRM Planning for

End of Day meetings

• Under GM, these are the following post holders

• CMO:- the CMO's primary responsibility is to generate revenue by increasing

• Administrative head:- Administrative Head’s main role is

• MBA Entrance (CAT, MAT, XAT etc)

Component of Salary (per annum or p.a) Amount

Participative decision making

• To provide quality education over a number of period of time

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