Summary
Overview
Work History
Education
Skills
Websites
Accomplishments
Contact Profile
References
Software
Certification
Interests
Timeline
Generic
Asit Kumar Pal

Asit Kumar Pal

Human Resources
Mumbai

Summary

Human Resources Executive with 20 years of progressive HR experience and advanced knowledge of employment law, compensation, recruitment and employee relations. Engages with HR service providers and suppliers on HR systems, payroll, insurance and training and development to promote high performing organization with efficient operating systems, professional and skilled staff and sound financial resources. Maintains strong stakeholder focus and service-oriented attitude with excellent organization and interpersonal skills to excel in multi-cultural environment.

Overview

28
28
years of professional experience
5
5
years of post-secondary education
5
5
Certifications
3
3
Languages

Work History

Vice President - Human Resources

BOBCARD
04.2019 - Current
  • Closely working with the CEO/Business heads in driving the people strategy in synergy with the business strategy
  • Develop and execute HR strategies aligned with the company's mission, vision, and objectives
  • Designing the organizational structure to support the required talent demand for smooth operations as per the business plan
  • Building employer branding, talent acquisition & management, and controlling attrition
  • Design and manage compensation and benefits
  • Set up and manage a robust performance appraisal matrix
  • Develops human resources operations financial strategies by estimating, forecasting, and anticipating requirements, with MIS, Dashboard and analytics
  • Presenting HR practices to the strategic Investors for divestment
  • Implementing ESOP and Long-Term Incentive strategies
  • Implementation of Disciplinary process
  • Supporting the Credit card and POS vertical of the BFSL with HR Strategy and saw increase from 1 Lakh card to 30 Lakh cards in 3 years with BFSL entering as top ten card issuer
  • Supporting the Retail Asset vertical of the Bank and facilitating a top line of 10,000 Crore through the Direct Sales Team
  • Conduct comprehensive assessments of organizational structures to identify opportunities for optimization
  • Define and streamline job architecture, roles & responsibilities, job repository, workflows, reporting structures
  • Support integration & transformation plans as well as prepare communication to guide stakeholders through initiatives
  • Partners with the HR Technology team to drive automation projects related to the above HR business processes. Actively track and lead project status as per roadmap
  • Coordinated and engaged with leadership in planning and organizing calendars, events and activities.
  • Wrote employee manual to cover company policies, disciplinary procedures, code of conduct and benefits information.
  • Optimized workforce planning strategies by aligning departmental goals with overall company objectives.
  • Improved employee satisfaction scores by designing targeted training programs addressing key skill gaps.
  • Negotiated favorable benefits packages with vendors, ensuring cost savings for the company while maintaining employee satisfaction.
  • Participated in team projects, demonstrating an ability to work collaboratively and effectively.
  • Proven ability to develop and implement creative solutions to complex problems.

Deputy Vice President - HR

SBI General Insurance Company Limited
12.2009 - 04.2019
  • Joined the company from Startup and built till 6000 plus employees with net profit of 300 plus crores along with 1000 contract employees
  • Introduction of HRMS system and migration to a new age platform
  • Managing internal, external, and statutory audits governance and compliance
  • End to end employee life cycle management
  • Compensation Management and running the annual appraisal
  • Disciplinary process Branch Administration, Analytics Life cycle management
  • HR Systems; HR Policies, Recruitment and HR Dashboards, budgets, SOP's.
  • Coordinated multi-agency operations for complex cases, sharing information efficiently while protecting sensitive data.
  • Increased productivity by developing comprehensive project timelines and monitoring progress closely.
  • Enhanced team efficiency by streamlining communication processes and implementing new procedures.
  • Conducted detailed investigations, gathering essential evidence to support legal proceedings.
  • Managed financial, operational and human resources to optimize business performance.
  • Spearheaded organizational restructuring initiatives, streamlining operations and reducing overhead costs.
  • Managed employee costs budgets
  • Implemented advanced data analytics tools to drive data-driven decision-making across all levels of the organization, leading to better business outcomes.
  • Achieved significant cost savings through supply chain optimization efforts such as strategic sourcing initiatives and logistics improvements.
  • Exercised leadership capabilities by successfully motivating and inspiring others.

Head Of Operations

Bajaj Allianz Staffing Solutions Limited
03.2008 - 12.2009
  • Formation of temporary Staffing Company for Bajaj Group (Shared Services) managing 14,000 contract employees
  • Getting on board Manpower, HR systems, HR Policies, Appraisal, employee life cycle within the stringent timelines
  • Working on Board presentation for Capital Budget, Statutory requirement, transition plan, licenses, software requirement, Dashboard MIS and productivity Conducting employee survey and managing process implementation gaps
  • Introduction of Sales software Statutory compliance, Client Management Ensure that attrition is kept at lower level.
  • Collaborated with executive leadership on strategic planning initiatives to drive business growth.
  • Developed comprehensive training programs for staff, enhancing team performance and skill sets.
  • Negotiated price and service with customers and vendors to decrease expenses and increase profit.
  • Streamlined operational processes by identifying inefficiencies and implementing best practices.
  • Demonstrated strong organizational and time management skills while managing multiple projects.
  • Proved successful working within tight deadlines and a fast-paced environment.

Manager Projects Planning and Transitions

TeamLease Services Pvt Limited
01.2006 - 03.2008
  • HR Operations, Payroll and Compliances, Client Invoices and Billing - HR Dashboard, Analytics, Life cycle management
  • Payroll, Statutory Compliances
  • Managing vendors for their SLA, deliverables, and cost effectiveness
  • Handle labour law compliances for the PAN India incentives for the sales force
  • Formulating HR Policies Creating designs for HRMS (PeopleSoft and cloud based HR solution)
  • Procedure for international worker, shop and establishment Managing a payroll of 500 + crores with Tax compliance.
  • Planned, created, tested and deployed system life cycle methodology to produce high quality systems to meet and exceed customer expectations.
  • Cross-trained existing employees to maximize team agility and performance.
  • Mentored junior team members for career advancement, fostering a pipeline of future leaders within the organization.
  • Reduced operational costs through comprehensive process improvement initiatives and resource management.
  • Assisted in organizing and overseeing assignments to drive operational excellence.
  • Successfully managed budgets and allocated resources to maximize productivity and profitability.
  • Ensured compliance with industry regulations and legal requirements by implementing comprehensive policies and training programs for staff members.
  • Developed and maintained relationships with customers and suppliers through account development.

Manager Client Relations

First Advantage Corporations
02.2004 - 03.2006
  • Client Management and managing operations
  • Defining and documenting the process flow Writing functional requirement for Background Verification software
  • Doing UAT testing and training
  • Reviewed and standardized vendor management practices.
  • Trained personnel in equipment maintenance and enforced participation in exercises focused on developing key skills.
  • Maintained professional demeanor by staying calm when addressing unhappy or angry customers.
  • Established team priorities, maintained schedules and monitored performance.
  • Led change management initiatives to drive organizational transformation without compromising employee morale or productivity levels.
  • Controlled resources and assets for department activities to comply with industry standards and government regulations.
  • Cross-trained existing employees to maximize team agility and performance.
  • Reduced operational costs through comprehensive process improvement initiatives and resource management.
  • Developed and maintained relationships with customers and suppliers through account development.
  • Accomplished multiple tasks within established timeframes.
  • Assisted with day-to-day operations, working efficiently and productively with all team members.

Manager Operations and Client Management

ITC Grand Maratha, Oberoi Hotels
04.1996 - 02.2004
  • Managing various facets of Food and Beverage services
  • Planning for various events and festivals
  • Menu Planning
  • Staff Training and managing P & L.
  • Maintained positive customer relations by addressing problems head-on and implementing successful corrective actions.
  • Drove operational efficiency through data-driven decision-making processes, leveraging analytics tools for informed strategy development.
  • Opened and closed location and monitored shift changes to uphold successful operations strategies and maximize business success.
  • Recruited, interviewed and hired employees and implemented mentoring program to promote positive feedback and engagement.
  • Reduced operational costs through comprehensive process improvement initiatives and resource management.
  • Improved staffing during busy periods by creating employee schedules and monitoring call-outs.
  • Accomplished multiple tasks within established timeframes.
  • Reduced waste and pursued revenue development strategies to keep department aligned with sales and profit targets.
  • Managed and motivated employees to be productive and engaged in work.
  • Self-motivated, with a strong sense of personal responsibility.

Education

Diploma in Hotel Management - Hospitality Administration And Management

Institute of Hotel Management, Kolkata
Kolkata, India
04.1993 - 04.1996

MBA - Human Resources Management

Symbiosis Centre For Distance Learning Institute
Pune
04.1990 - 04.1992

Skills

Talent Acquisitionundefined

Accomplishments

  • Was a part of startup Human Resource member for companies like Team Lease, SBI General Insurance, Bajaj Allianz Staffing Solutions
  • Was a part of Opening team for Rajvilas an Oberoi Hotel, Jay pee Palace Hotel and ITC Grand Maratha
  • Part of restructuring Project and transformation journey for BoB Cards wherein we rose from bottom to top 5 in terms of Credit Card issuance and volume
  • Recognised by the Management for my achievement number of times
  • Have groomed my team to take up higher responsibilities

Contact Profile

C O N T A C T P R O F I L E

References

To be provided on request

Software

Peoplesoft

Zing HR

Darwin Box

Certification

Course on Compensation Management, AON Hewitt

Interests

Management Books

Investment and Equity Market

Volleyball

Timeline

OKR

03-2023

Data Visualisation Course, Udemy

03-2022

Talent Management Course, Udemy

03-2022

HR Analytics, Aon Hewitt

12-2021

Course on Compensation Management, AON Hewitt

03-2021

Vice President - Human Resources

BOBCARD
04.2019 - Current

Deputy Vice President - HR

SBI General Insurance Company Limited
12.2009 - 04.2019

Head Of Operations

Bajaj Allianz Staffing Solutions Limited
03.2008 - 12.2009

Manager Projects Planning and Transitions

TeamLease Services Pvt Limited
01.2006 - 03.2008

Manager Client Relations

First Advantage Corporations
02.2004 - 03.2006

Manager Operations and Client Management

ITC Grand Maratha, Oberoi Hotels
04.1996 - 02.2004

Diploma in Hotel Management - Hospitality Administration And Management

Institute of Hotel Management, Kolkata
04.1993 - 04.1996

MBA - Human Resources Management

Symbiosis Centre For Distance Learning Institute
04.1990 - 04.1992
Asit Kumar PalHuman Resources