‘Our people are our greatest asset’ is at the heart of our ethos and human resource policies. The HR practices at NEI follow the core philosophy of creating a high performance culture with ample growth opportunities for self development. The open yet challenging environment help our people realize their potential to excel in every sphere.
Human Resource Practices:
A career at NEI is more than a job. NEI is a recognized leader in bearing manufacturing and is a great place to develop professionally and make a difference.
Talent is our elementary asset that determines success. Without extraordinary talent, a business can’t create iconic products and deliver great customer service. We look for a candidate who is right mix of competencies and attitude to remain competitive all the time. NEI gains a competitive talent advantage through proactive talent acquisition capabilities. We hire fresh talent from the premier institutes of India through campus recruitment drives and thorough professional experienced personnel with right skills set as lateral hires.
Our goal is to create a high-performance and sustainable organization that meets NEI’s strategic and operational goals and objectives. Through talent management, NEI provides a set of strong HR processes designed to attract, develop, motivate, and retain productive & engaged employees.
a) On-boarding – NEI has a strong process of acclimatizing new hires to ensure that they feel welcomed and valued by the organization. On boarding goes beyond traditional “orientation” programs which not only focuses mainly on managing policies, forms, and procedures but it is a stretched 90 days program comprising of Classroom Trainings, live Projects and Shop floor experience.
b) Learning & Development – In our culture, we highly value learning. Innovative and high-quality training programs are delivered to our employees on regular basis. All technical and behavioral training needs for a financial year are captured followed by annual Training Calendar. Each training program is supported with Pre and Post assessments to bring in the effectiveness.
c) Leadership development – Various activities like CEO circle, Chairman Circle, Young Leadership Program etc are run under this vertical linked to individual goal attainment, career planning, and possible succession planning.
PMS at NEI is an ongoing, continuous process of communicating and clarifying job responsibilities, priorities, performance expectations, and development planning. Our robust and objective on line Performance Management System optimizes individual performance aligned with organizational strategic goals. Each employee is expected to engage in clear and candid dialogue throughout the year with Performance Planning, Quarterly, Half Yearly and Annual performance conversations. These meaningful, ongoing conversations ultimately result in clarity of expectations, alignment across the organization and an appreciation of employee contributions.
Reward & Recognition
NEI ensures that our people are committed to organization’s goals and values, stay motivated to contribute to organizational success, and at the same time are able to enhance their own sense of well-being. Through our Employee Reward & Recognition policy, we try to permeate a sense of belongingness in our people through various methods of acknowledging, honouring, encouraging, and supporting individuals and teams who contribute. Recognizing the accomplishments of employees helps to create a supportive work environment along with high performance culture.
With the support of all these activities, NEI takes systematic efforts focused not only on retaining talented performers but also to create and foster a welcoming work environment and high-retention culture. This helps us in making an organization that operates more effectively and efficiently, while becoming a great place to work. We proudly announce that NEI holds 94% retention rate of our people.