Tata Steel
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Tata Steel is Asia's first and India's largest private sector steel company, established in 1907. It has an annual production capacity of 30 million tons of crude steel and operates in over 50 countries. Tata Steel is focused on safety and being an employer of choice. It has adopted programs from DuPont to establish a strong safety culture and received a World Steel Safety award in 2012. As an employer of choice, Tata Steel believes in recruiting and retaining talented employees through opportunities for development, competitive compensation, and a diverse and inclusive workplace. It invests in training and developing employees' capabilities across its global operations.
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Tata Steel
- 3. Introduction
- 4. INTRODUCTION :- COMPANY PROFILE Established in 1907, Tata Steel is Asia's first and India's largest private sector steel company. Tata Steel is among the lowest cost producers of steel in the world and one of the few select steel companies in the world that is EVA+ (Economic Value Added). Tata Steel is the world’s 6th largest steel company with an existing annual crude steel production capacity of 30 Million Tonnes. Tata Steel has a balanced global presence in over 50 developed European and fast growing Asian markets, with manufacturing units in 26 countries. Tata Steel`s Jamshedpur (India) Works has a crude steel production capacity of 6.8 MTPA which is slated to increase to 10 MTPA by 2010.
- 5. Determined to be a major global steel player, Tata Steel has recently included in its fold NatSteel, Asia (2 MTPA) and Millennium Steel (1.7 MTPA) and also acquired Corus creating a manufacturing network in eight markets in South East Asia, Europe and Pacific countries. While the Company is focused in the pursuit of its operational goals, it is also committed to being a good corporate citizen. Tata Steel extends support to the economically underprivileged not by charity but by strengthening and empowering them with expertise and knowledge. It community outreach programmes covers the Tata Steel managed city of Jamshedpur and over 600 villages in and around.
- 7. SAFE WORKPLACE Tata Steel has identified excellence in health and safety in all its operations as a key business imperative. The Company has adopted and applied a range of programmes, including those from DuPont, the world benchmark in safety, to establish a strong safety culture among its employees and contractors. The health initiatives, driven through Wellness@Workplace programme in India has a special focus on the health of women employees Tata Steel India has taken a special drive on Fatality Risk Control Programme and elimination of commonly accepted unsafe practices. This initiative has enabled correction of more than 10,000 unsafe conditions and 969 unsafe practices
- 8. In its endeavour to address the issue of community safety, Tata Steel India is working with external consultants to drive systematic domestic safety management and safety education initiatives for school and college students The Safety, Health and Environment Committee of the Board was constituted in 2009 to oversee the policies and their implementation across Tata Steel Group. Tata Steel received the World Steel Safety & Health Excellence Recognition Award 2012 for positively embracing the safety and health principles of the World Steel Association.
- 10. EMPLOYER OF CHOICE Long before its human resources policy was formally written down in 2001, the company’s employment philosophy and practices were based on the recognition that its people are the primary source of its competitiveness. The core principles enshrined in that policy, and now applied across the Tata Steel Group worldwide. The five Tata Group core values are integrity, understanding, excellence, unity and responsibility. The Tata Steel Group believes that being the best possible employer helps to recruit and retain the best employees. Tata Steel values dedicated and skilled staff to deliver world-class service to its customers and to maintain its competitive advantage through cutting edge research.
- 11. Recruitmen t and retention The Tata Steel Group believes that being the best possible employer helps to recruit and retain the best employees. Tata Steel values dedicated and skilled staff to deliver world-class service to its customers and to maintain its competitive advantage through cutting edge research. Retaining talented employees is critically important, and the Group recognises that the best way of earning employee loyalty is by providing them with opportunities for development and progression, and with competitive compensation and benefits schemes. Initiative, innovation, teamwork and leadership are some of the key qualities that the Company looks for.
- 12. Training and Developme nt The Tata Steel Group continues to invest in and improve its managerial and technical capabilities through internal development and training of its employees across Europe, India and South East Asia. The Company is committed to its people who are instrumental in its success. The focus is on engaging employees across levels and developing capabilities through training and development initiatives.
- 13. Diverse Workforce Tata Steel believes as a matter of principle that diversity within the workforce greatly enhances overall capabilities. In all global operating locations, the Company is an equal opportunity employer and does not discriminate on the basis of race, caste, religion, colour, ancestry, gender, etc. Employee policies and practices are administered in a manner that ensures all decisions relating to promotion, compensation and any other forms of reward and recognition are based entirely on merit.
- 14. THANK YOU