Prajakta Ghodeswar

Compensation & Benefits (Entry Level) :-

• Hands-on experience working with Mercer IPE, where I actively contributed to a Job Evaluation project. In this role, I successfully implemented base corrections for eligible employees, ensuring alignment with industry standards and organizational objectives.
• Conduct market research and analysis to ensure the organization's compensation and benefits packages remain competitive (Mercer & Korn-ferry).
• Driving Performance Manage System across the business, Formulating strategies for PMS & It's budget, Handling promotion processes.
• Work on Retention,Internal Transfer, Salary Revision & Title Correction Cases.
• Respond to employee inquiries regarding compensation and benefits matters.
• Collaborate with the payroll department to ensure accurate and timely processing of employee compensation.
• Work closely with HR colleagues, finance, and other relevant departments to ensure alignment of compensation and benefits strategies with overall business goals.
• Creating a Performance Improvement Plan (PIP) for employees is a structured process that involves identifying areas of improvement, setting specific goals, and outlining steps for achieving them.

C&B Projects :-

• Job Analysis.
• Job Evaluation with Mercer.
• Prepared Business Group wise Job Families.
• Worked on Pay Parity Task.
• Headcount Analysis - Yearly Comparison - Health of the organization.
• Prepared the salary data and participated in Korn Ferry Salary Survey - 2023
• Markets Title Correction for Installation & Technology department.
• Job Evaluation Guideline PPT & SOP.
• PMP Process 2022-23 - Worked on JE of all promotion cases.
• New Joiner's Job Evaluation - Continuous task.

Employee Optimization Process:-

• Played a key role in overseeing the end-to-end management of employee optimization processes, including layoffs.
• Designed a tool to evaluate employee performance, helping us make informed decisions about workforce optimization.
• Develop and implement comprehensive strategies for employee optimization processes.
• Work closely with legal counsel to ensure all activities adhere to legal requirements.
• Develop clear and transparent communication plans for employees, managers, and other stakeholders.
• Craft key messages that convey the rationale for optimization and outline available support services.
• Collaborate with HR, legal, finance, and other relevant departments to ensure a coordinated and efficient optimization process.
• Provide guidance and support to HODs and Managers involved in the process.
• Coordinate resources and support services for affected employees, such as outplacement assistance, counseling, and retraining opportunities.
• Ensure a smooth transition for both departing and remaining employees.
• Maintained accurate data records and created dashboards and reports for effective monitoring and reporting purposes.

Talent Acquisition:-

• Responsible for end-to-end recruitment: (FTE & Trainees hiring)
• Coordination with Technical panel and understanding their requirements, defining job positions.
• Sourcing, screening, and short listing resumes through internal & external job portals, social media, internal reference & head hunting.
• Advertise the EGE & IOP for the approved positions and conduct the interviews.
• Advertise the vacancies on Solique Internal job portal. Source the relevant profiles from Solique.
• Coordinate with consultants for the open positions.
• Short listing the resumes based on desired skills and experiences.
• Conduct virtual and/or In person interviews in coordination with hiring managers, HODs & Global team members.
• Liaising with well-known colleges & conduct Off Campus placement drives
• Prepared & conduct the internal or external test. Analyze the candidate caliber and behavior through PI test (Predictive Index).
• Responsible for salary negotiations up to middle management.
• Reduced recruitment cost.
• Responsible for new hire on boarding process up to HOD level (Induction & orientation)
• Conduct Campus to Corporate training for Trainees.
• New Hire feedback meeting on quarterly basis.
• Handling invoicing process, agreement renewals, new agreement, probation Confirmation letters (HR Operation)
• Conduct Exit Interviews to gather feedback and insights about their experiences.
• Contributing in Rieter's branding and promoting it as employer of choice on Professional platforms like LinkedIn
• Carrying out Background Verification of new joiners.
• Taking care of internal Audits for recruitment
• Monitoring recruitment tracker including weekly updates and dashboards.

TA Projects:-

• The New Hire Integration Project (Onboarding).
• Buddy Program for New Joinees.
• Revision of Trainee Stipend as per the market standard.
• Revision of absorbed trainee’s salary as per the market standard.
• Business Ramp up Project - Research & Tie up with multiple recruitment consultants, Hiring & Revamping of unique Onboarding Process.
• To analyze the departments where attrition rate is more, find out the reasons and solutions to support existing & new joiners.
• Functional Knowledge Transfer Process.
• Analysis of establishment of Tech hub in Manufacturing Industry in India - 2023

Learning & Development :-

• End to end L&D process.
• Identification of training needs through various methods.
• Sourcing, screening, and short listing of trainer as per the requirement.
• Finalize Internal or external trainer.
• Get nomination from HODs & block the calendar of participants.
• Scheduling and arranging training while coordinating with external trainers and training programs.
• Encouraging participation of employees in various organizational events.
• Conduct Pre & Post Test, If applicable.
• Issuing training certificates after completion of the training, if applicable.
• Raise R&F and ensure payment process to vendor.
• Evaluate & update training attendance sheet in the tracker.
• Evaluate & update Training evaluation and effectiveness data in various tracker according to Kirkpatrick model.
• Update L&D dashboard.
• Collected, prepared & shared monthly training MIS to Finance department.
• Prepared data monthly meeting presentation.
• Prepared training data for Internal & External Audit.

L&D Projects :-

• Training Films on Manufacturing Critical Quality Processes.
• HR Functional Structure.
• Member of POSH Committee - arranged quarterly meetings & half yearly training for all on roll & contractual female employees.

Employee Engagement :-

• Prepare EE Budget.
• Prepare employee engagement calendar.
• Plan and conduct Internal & external events at factory location.
• Internal Events - Diwali, Christmas & New Year, Patang Utsav Republic &
• Independence Day, Women’s Day, Rieter foundation day,etc.
• Sports Activities - Cricket, Volleyball, Carrom, Badminton, Chess, etc.
• Enhanced the virtual events during the Covid-19 pandemic when employees were not very comfortable with virtual platform.
• External Virtual Events - Wellness Programs, Team building Programs, etc.
• Effectively managing welfare measures, management - employee get together, picnics & parties. Master-of-ceremonies
• Branding & Marketing of all events. Member of Canteen Committee.
• Conducts ICC Committee meeting under POSH act. Vendor negotiations with supply management. Effective data management of POSH documents.
• Raise R&F and ensure payment process to vendor.
• Prepare & send EE presentation to all locations.