'Talent Management' has been a prime mover in the company's ambitious business plans. The HR strategy dovetails personal growth aspirations of employees with business needs. A variety of HR interventions give the division a strong competitive edge. A menu of career growth options and training are offered to young aspiring professionals for achieving excellence in engineering and project management skills. Setting up of L&T Project Management Institute at Vadodara complemented by the GLOPAT programme, mentoring of new joinees, recognition of excellence, strategy workshops and team building programs are some important initiatives undertaken during the year.
COMPENSATION
The governing theme in our organization is the well being of our employees. The salary and benefits offered are on par with the best available in Construction Industry. It is aimed at not only attracting but also retaining talent.
A few important perquisites & welfare schemes are highlighted below: Special Facilities for Site employees are provided |
The special facilities include subsidized accommodation, part furnishing of accommodation provided, and free transport facilities for work. Special Medical Insurance Scheme |
This scheme is in addition to other medical benefits available to employees. Employees have the option of covering their parents, aged up to 85 years under this scheme. Retirement Benefits |
All staff members are covered under Provident Fund and Gratuity Scheme. Education of employees' children |
L&T Institute of Technology, Mumbai is an exclusive facility for L&T employees' children. The Institute conducts four-year industry-integrated diploma courses in Mechanical Engineering and Electronics Engineering. On successful course completion, students are awarded diplomas by the Directorate of Technical Education, Maharashtra to which LTIT is affiliated.
Prize Money for Academic Achievement: To acknowledge and motivate meritorious wards of employees, the