Reward Abd Recognition in Tata Steel
A STUDY OF REWARDS AND RECOGNITION SYSTEM IN JHARIA DIVISION, TATA STEEL LTD
AKNOWLEDGMENT
First of all I would like to express my hearty gratefulness to almighty for his great kindness to us. I want to express my heart full gratitude and indebtedness to Mr. P.K Patnaik my guide for his scholastic guidance, salutable instructions, constructive criticism and constant help in carrying out this research work with the very successful completion. I am lucky to get him as a guide because I learned a lot from his indebt knowledge and experience.
I am also thankful to Ms. Laxmi Venugopal and other HR managers for their constant help in completion of the research work at JHARIA. My sincere thanks to all the employees of the collieries for their contribution in the report. At the end I am thankful to all the individuals who directly or indirectly contributed in the project. NISHA SINGH
INTRODUCTION HISTORY
Tata Iron and Steel Company were established in 1907. In August 2004, Tata Steel agreed to acquire the steelmaking operations of the Singapore-based NatSteel for S$486.4 million in cash. The acquisition was completed in February 2005. On January 30, 2007, Tata Steel purchased a 100% stake in the Corus Group at 608 pence per share in an all cash deal, cumulatively valued at USD 12.04 Billion. The deal is the largest Indian takeover of a foreign company and made Tata Steel the world's fifth-largest steel group.
OPERATIONS
Tata Steel is headquartered in Mumbai, Maharashtra, India and has its marketing headquarters at the Tata Centre in Kolkata, West Bengal. It has a presence in around 50 countries with manufacturing operations in 26 countries including: India, Malaysia, Vietnam, Thailand, Dubai, Daggaron, Ivory Coast, Mozambique, South Africa, Australia, United Kingdom, The Netherlands, France and Canada.
Tata Steel primarily serves customers in the automotive, construction, consumer goods,
AKNOWLEDGMENT
First of all I would like to express my hearty gratefulness to almighty for his great kindness to us. I want to express my heart full gratitude and indebtedness to Mr. P.K Patnaik my guide for his scholastic guidance, salutable instructions, constructive criticism and constant help in carrying out this research work with the very successful completion. I am lucky to get him as a guide because I learned a lot from his indebt knowledge and experience.
I am also thankful to Ms. Laxmi Venugopal and other HR managers for their constant help in completion of the research work at JHARIA. My sincere thanks to all the employees of the collieries for their contribution in the report. At the end I am thankful to all the individuals who directly or indirectly contributed in the project. NISHA SINGH
INTRODUCTION HISTORY
Tata Iron and Steel Company were established in 1907. In August 2004, Tata Steel agreed to acquire the steelmaking operations of the Singapore-based NatSteel for S$486.4 million in cash. The acquisition was completed in February 2005. On January 30, 2007, Tata Steel purchased a 100% stake in the Corus Group at 608 pence per share in an all cash deal, cumulatively valued at USD 12.04 Billion. The deal is the largest Indian takeover of a foreign company and made Tata Steel the world's fifth-largest steel group.
OPERATIONS
Tata Steel is headquartered in Mumbai, Maharashtra, India and has its marketing headquarters at the Tata Centre in Kolkata, West Bengal. It has a presence in around 50 countries with manufacturing operations in 26 countries including: India, Malaysia, Vietnam, Thailand, Dubai, Daggaron, Ivory Coast, Mozambique, South Africa, Australia, United Kingdom, The Netherlands, France and Canada.
Tata Steel primarily serves customers in the automotive, construction, consumer goods,