Comsyn Summer Internship Report of Performance Management System and Payroll System
Comsyn Summer Internship Report of Performance Management System and Payroll System
INDEX
Certificate
Declaration by the Student 3-5
Acknowledgement
1. Introduction
1.1company profile
1.2 Board of directors 6-9
1.3 Some glimpse of comsyn
7. Conclusion
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CERTIFICATE
DECLARATION
Seema biswal
MS21MS501361
Acknowledgement
Introduction
Company Profile
A wide range of products helps us serving our customer better. Our long-term
success requires a total commitment to exceptional standards of productivity
and quality, to working together efficiently & effectively, willingness to
embrace new ideas and learn continuously. We believe in Ethical corporate
behaviour towards everyone we work with, the communities we touch, and the
environment on which we have an impact.
This is our road to sustainable, profitable growth, creating long-term value for
our people, our business partners and society. We have a healthy work
environment. Our manufacturing capacity is of 21000 M.T. per annum. We
produce 4-5 million Big Bags annually. The company is socially responsible
towards its 2000 employee, who are pillar of the company. Our team comprise
of experienced individuals, who are sincerely devoted to producing the best
product.
Board Of Directors
Sustainability
IMPROVE :
GROW :
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ENGAGE :
We engage with our people, communities and society to drive progress together.
We believe that in order to stay competitive, innovative, and successful, we
need engaged and empowered employees. We invest in training and
development for our employees and are committed to creating a diverse and
inclusive work environment where our people feel valued.
We are also highly committed to promoting the health, safety, and well-being of
all our employees at work.
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understand why the person is leaving. This feedback will help the company
improve its work environment for people
. An improved work environment for people results in the retention of valued
staff. In this research project, I have studied, examined the traditional
Performance management scenario of the company, the process, performance
appraisal followed and the role of performance management in assessing the
performance of the employee and procedure followed by the company for
feedback session and the impact of PMS on overall working of Human
Resource department and various other departments. In addition to the above, I
have also learned about different forms used by the company for the same
purpose. I have also suggested that company should design KEY RESULT AREAS
for the employees in order for the better and realistic assessment of their performance.
The most important basis for 360-degree evaluations is that the feedback comes
from all different levels (managers, colleagues, direct reports and external
stakeholders) and thus becomes more meaningful. Employees can see how their
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Some tools are also mobile, making it even easier to stay in touch and
participate in the exercise. Very often, people use their smartphones to access
the survey form when they are on the move.
Employee feedback is the most valuable input a company can get to decide on
its future action plan, and 360-degree evaluation is the most appropriate tool to
get employee feedback.
The reason why commercial syn bags ltd use 360° feedback for performance
management is that it provides a clearer and more complete picture of employee
performance. When using traditional “top-down” feedback (where employees
are only evaluated by their direct supervisors), comsyn feel that the evaluation
can be biased and does not take into account things that direct supervisors may
not see in everyday life.
whole exercise on looking for mistakes look for strengths that you can
maximize to improve your employees’ performance.
Customize the results to match specific jobs. You don’t have to search for
exactly the same results for every employee. For example, when you see
a customer service manager, you want him or her to perform well in
terms of employee skills. But is it really the end of the world if your IT
person doesn’t get top marks for “friendliness”?
Just do the report. It’s important that the people you evaluate can
understand the results. Write short texts, create a clear action plan and use
graphical formats to present the data.
Employee: employee is the one who actually starts the PMS cycle. He/she
initiate the PMS through filling up the form provided by HR Dept .This cycle
comprises of 75 days approximately .PMS starts from employee and usually
ends at corporate HR people, who finally provides their inputs on the basis of
comments and ratings provided by various stakeholders involved in PMS cycle.
Immediate boss: as soon as the employee fills up the forms and submits it to
next level in PMS cycle, it is the responsibility of the immediate boss of the
employee to submits the form to next level of approval after
submitting/providing the rating as well as his/her comments.
Head of Department: when HOD gets the form from second level of PMS,
he/she compares the ratings and comments which are given by employee &
immediate boss. and he/She will review the same and discussion is done with
the Business Unit HR. on the basis of the comments provided by immediate
boss & employee, HOD provides his comments as well as the ratings(with due
interaction/discussion with Unit HR).
UNIT CEO: This is the fourth level of PMS cycle. In this stage the form is
received by Unit CEO and he/she confess the same with stakeholders included,
receive all the recommendation and finalize the rating then pass it to Corporate
HR.
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Corporate HR: in this stage , the Corporate HR is responsible for the final
stage, He/She has to provide the final input on the form and he/she also has
authority /discretion to replace/remove/change the given ratings to the employee
incase he/she is not satisfied with overall comments & ratings provided by the
stakeholders. Corporate HR will check and comments and measures it with the
rating received by employee.
This is the last stage in PMS cycle.
The PMS cycle is over here but the PMS work needs to be closed by passing
the form to corporate HR Head and finally to the CMD. After this
workflow/PMS cycle, the increment/appraisal/promotion is decided.
REVIEW OF LITERATURE
Performance management can be defined as the ongoing communication
process that involves both manager and the employee in
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: • Identifying and describing essential job functions and relating them to the
mission and goals of the organization
• Developing realistic and appropriate performance standards
• Giving and receiving feedback about performance
• Writing and communicating constructive performance appraisals
• Planning education and development opportunities to sustain improve or build
on employee work performance.
Objective of PMS
To confirm the services of probationary employees upon their completing the
probationary period satisfactorily
To check the effective & efficiency of individuals, teams & organization
To effect promotions based on competence and performance
To access the training and development needs of the employees
To decide upon the pay rise
PM can be used to determine whether HR programmes such as selection,
training, and transfer have been effective or not.
PMS Includes
Work plan – A document that describes the work to be completed by an
employee within the performance cycle, the performance expected, and how the
performance will be measured
. Corrective action plan – A short-term action plan that is initiated when an
employee’s performance fails to meet expectations. Its purpose is to achieve an
improvement in performance.
Individual development plan – An action plan for enhancing an employee’s
level of performance in order to excel in the current job or prepare for new
responsibilities.
Performance appraisal – A confidential document that includes the employee’s
performance expectations, a summary of the employee’s actual performance
relative to those expectations, an overall rating of the employee’s performance,
and the supervisor’s and employee’s signatures.
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Administration
Employee
Departments
Salary
Introduction of Payroll Management System:
The payroll management system is the core system for any organization.
It will take care of the calculation of the salary with rules which are implied by
the industry differently for every employee of the company. It obviously
reduces the manual work which is required to manage the paperwork and
improve the reliability of the system. This payroll management system has
improvised all the basic exercises to manage the salary of the employees.
This automated the whole of salary management which was previously done
manually. It will be a more efficient system to rely on for the industry as it
reduces the time of the operations which will basically take more time
manually.
Making the database centralized in the company so that each authorized device
can access the required information. It will also enable the industry to save the
previous record easily if required in the future.
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This paperwork takes a lot of time and requires more space to store safely and
all the additional resources required to ensure safety. In this system, there is no
surety or reliability as humans are likely to make an error.
It will also help in generating the report of the employee and evaluating the
performance through the automated system. Although this provides safety and
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security from any kind of disaster and also the authorization authentication
scheme provides more flexibility for the end-user of the system.
It will hire the employee for any type of work done required in the company.
The administration has the privilege to get information about all the employees
working in their department. So basically, it makes sure that the company is
going in the right direction and employees’ part is to complete the project
whatever provided by the administration.
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For the business company, it could be the cost of acquiring and retaining human
resources for running the company’s business operations. In accounting, salaries
are recorded in payroll accounts these are just the accounts that are designated
by the company where salary will be credited after the decided period.
Name:
The name is required for the verification of the person as the documents
contained the name of the person. Departmental wise it easy to remember the
name instead of their id for the communication.
Contact:
For the immediate communication with the staff persons, there is contact
phone number it will vary from person to person or department.
Email:
It is helpful for informal communication and making an announcement to
every other staff person. It will also be helpful for another employee to
communicate with a staff person with their email address.
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Department-id:
This will give the idea about that the staff person is handling which
department. The department-id will comprise of their job details like
designation and department name. The administration will hire the
employees and decides their salary and make entry according to that so
the system can generate the amount every time it requires to that’s they
are in a direct relationship.
Employee:
The employee entity contains all the information about the employees
working in the company. These details will help in managing the
employee’s interest in the assignment of the department.
This will enable them to manage the employee data easily. Searching the
information will just a few clicks.
It will have all the necessary attributes required for the employer.
The employee entity will have following attributes:
Employee-id:
This will be the primary key for this entity. It will be unique for every
employee hired by the administration. It will help in identifying the particular
employee easily. This gets useful when two employees have similar name-like
conditions.
Employee-name:
This is required for verification purposes. Usually, on government-issued
id cards, it has a name as identification. Also, it is easy to remember a
name than the id.
Department-id:
The department will have a different id for the manager, worker, and
other designation so we can find the job profile of the employee. It will
also help in getting the other department information where and what the
employee’s working is.
Employee-phone:
It is good to have employee’s contact number to have immediate
communication regarding the work.
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Employee-email:
It is required when a bank needs to make an announcement. So, they will
select the employee’s email and simply broadcast the announcement. It
can also be helpful in verifying the employee’s identity online.
Employee-address:
In any case, the employee’s address needed for example sending an email or
documents at the employee’s residence. It is also required for verification if
the employee’s given personal information is right or wrong. The employees
will be hired by the administration and further, it has a relationship with the
department entity because all the employees will be working in a particular
department.
Departments:
This entity will help in keeping the track of the job profile of the
employee. The departments are the inner fragments of the company. Each
Employee profile will be assigned to one department in which will have
the details about their job.
Department-name:
It will contain the name of the department to avoid confusion clear and
avoid the confusion from the id. Usually, the department names are
unique themselves but creating them is a good option that because it uses
less storage space than a name.
Head-of-department:
It will take the employee id as a value which will define that a particular
person/employee is the head of that department. So, the HOD will be
responsible for all the work done in his/her department.
Employee/Staff:
This attribute defines if the person works in administration or as an
employee of the company.
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Designation:
To know about the designation of the employee like if the employee holds
manager or HOD or any other designation. The department will be
assigned to the employee as well as the administration. The
administration will manage the department and employees.
Salary:
This is an important entity because the purpose of this system is to
calculate the salary. This will have all the information of the employee to
calculate the employee salary and generate the payment slip.
Employee-id:
It will take the employee id as value. So later it can be used to identify
whose salary it has stored.
Deduction-id:
Every employee will have some deduction in salary based on the different
factor’s forex: attendance can be one of them. It will check the deductions
based on the values of a particular id before calculation.
Basic:
It will hold the basic salary of the employee. Before any deduction or
additional incentive or taxes etc.
Medical Allowance:
If the employee is eligible for the medical allowance, then it will add the
amount which is decided by the administration.
Bonus:
If there is any bonus by the administration then there will be the amount
which will be added to the salary.
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DA (Dearness Allowance):
If you are eligible for Dearness Allowance then this attribute will that
amount.
TA (Travelling Allowance):
If you have travelled for the company work and applied for the refund then
you will get the amount in this attribute and will be added to the final salary.
This entity has a direct relationship with the administration as the salary is
actually calculated by the administration and deduction will be based on the
factors which are present in the deduction entity.
Deductions:
This will contain the factors on which will be used to deduct the amount
from the final salary of the employee.
Employee-id:
This will be the primary key for this entity so that the information can be
uniquely identified for all the employees and also in searching and sorting.
Attendance:
It will have the value that in the total working day how many days the
employee has come to work and on the based on a daily basis the salary can
be calculated.
Loan:
If the employee has taken any loan from the company if yes then the
installment will be also be deducted from the salary of the employee.
Tax:
The taxes for which an employee is eligible for it will be automatically
deducted from the salary that could be different from government and
personal industry. The deduction entity has a direct relationship with the
salary table so it can make a decision while calculating the salary. The
payroll management will surely decrease the workload of the employee and
increase the speed at the same time.
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It can also involve some research in form of feedback from the involved
field. After getting all this information we should start to design the
application.
Contact of Payroll Management System:
This section will consist of the contact option if there is a need for contact
to the department head or administration or the IT department for the
device-related problem this feature will surely help in such cases.
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CONCLUSION
It can honestly say that my time spent interning with COMMERCIAL SYN
BAGS LTD resulted in one of the best summer Internship of my life. Not only
did I gain practical skills but I also had the opportunity to meet many fantastic
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people. The atmosphere at the office was always welcoming which made me
feel right at home.
All the staffs were fantastic the work culture of the organisation was
awesome .they all treat me as a part of there company not as a short time intern
Overall, my internship in commercial syn bags ltd has been a successful . I was
able to gain practical skills, work in a fantastic environment, and make
connections that will last a lifetime.
THANKYOU
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