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First Communication software company in the world to achieve Software CMM Level 5 & People CMM Level 3. FutureSoft Proprietary. Vision. "To build a Happy Workforce". FutureSoft Proprietary. Mission.
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First Communication software company in the world to achieve Software CMM Level 5 & People CMM Level 3 FutureSoft Proprietary
Vision "To build a Happy Workforce" FutureSoft Proprietary
Mission " To build a cohesive culture, which creates avenues for employees to accomplish their goals through people-centric approach" FutureSoft Proprietary
Employee Profile Total Number of Employees : 528 • 85% of employees in software development • Support function ratio well above the international standards FutureSoft Proprietary
Employee Profile Qualification profile • 80% of the engineers are from premier engineering schools in the country • Preferred employer status in many of the premier institutions FutureSoft Proprietary
EmployeeProfile • Attrition well below the industry levels • Multiple career options • Employee stock options • Technology focus FutureSoft Proprietary
Recruitment • Computer Science / Communication engineers • Technology focus • Employer of choice in the communication software industry FutureSoft Proprietary
Strategic HR Initiatives • PCMM Assessment • OD Initiative • Employee Satisfaction Survey - Gallup • Position Evaluation – William M Mercer • Periodic Compensation surveys – William M Mercer/Hewitt • Events FutureSoft Proprietary
P-CMM • Patterned after the structure of the Software CMM • A Maturity frame work for developing Human talent • Guide a program of continuous workforce development • Integrate workforce development with process improvement • Establish a culture of Software Excellence FutureSoft Proprietary
Quality Triangle People High Quality Products & Services Technology Process FutureSoft Proprietary
Benefits of People CMM • Enhance business performance • Effectively manage • Intellectual assets • Knowledge capital • Measure HR contribution to business FutureSoft Proprietary
Organization Development • Goal setting – measurable parameters • Throughput time or delivery • Quality • Cost • HR oriented measures like “morale” and so on • Goal Alignment • Expertise from external consultants FutureSoft Proprietary
Knowledge and Skills Analysis • Knowledge and Skills profiles defined from Core Competencies • Online Knowledge and Skills database • Well defined proficiency levels FutureSoft Proprietary
Training • Competency Development Plan - core competencies • Training Policy- 7 person days / per year • Multi cultural sensitivity training – onsite engineers • Training on customer platforms • Future Varsity • Knowledge sharing sessions FutureSoft Proprietary
Performance Management • Workflow automation of the Performance Appraisal and Development Review process (PADR) • Goal Alignment • Feedback through one-to-one meetings, Project meetings, Divisional meetings • Personal development plan • Career Development plan • Competency Development plan • Performance Improvement plan • Performance awards FutureSoft Proprietary
Compensation Management • Compensation strategy • Compensation Plan & Guidelines • Basis for Individual Compensation • Performance measurement • Market survey • Experience gained since last compensation fitment. • Biannual reviews • Grievance Redressal System addresses discrepancies FutureSoft Proprietary
Communication • Communication of organizational Business results , Future plans, Events, QSM. • Channels of communication - Employee handbook, QSM, Intranet, Future Times, Events team, Knowledge Sharing sessions, Project Initiation meetings, Suggestion schemes, Bulletin Board • CPI System • Grievance redressal system • Service Level Agreements (SLA) FutureSoft Proprietary
Automation of HR Systems • Resource Planning and Tracking System • Online PADR System • Employee System • Leave Management System • Knowledge and Skills Database • Training and Quiz System FutureSoft Proprietary
Policies and Procedures • Paternity Leave • Part Time employment • Flexi Time • Sports Com- Pulse • Accelerated Growth for exceptional performers • Long Service Awards - on completion of 5 years of service FutureSoft Proprietary
EVENTS… beyond work • “Multi Dimensional” development of employees • Organising programs that sustain interests outside work • Dedicated Events Team FutureSoft Proprietary