Saturday, March 3, 2012


EXECUTIVE SUMMARY

Wipro started as a vegetable oil company in 1947 from an old mill founded by Azim Premji's father. When his father died in 1966, Azim, a graduate in Electrical Engineering from Stanford University, took on the leadership of the company at the age 21. He repositioned it and transformed Wipro (Western India Vegetable Products Ltd) into a consumer goods company that produced hydrogenated cooking oils/fat company, laundry soap, wax and tin containers and later set up Wipro Fluid Power to manufacture hydraulic and pneumatic cylinders in 1975. At that time, it was valued at $2 million.

TIMELINE: -

v  1945 - Incorporation as Western India Products Limited
v  1947 - Establishment of an oil mill at Amalner, Maharashtra, India
v  1960 - Manufacture of laundry soap 787 at Amalner
v  1970 - Manufacture of Bakery Shortening Vanaspati at Amalner
v  1975 - Diversification into engineering and manufacture of hydraulic cylinders as
WINTROL (now called Wipro Fluid Power) division in Bangalore.
v  1977 - Name of the Company changed to Wipro Products Limited
v  1980 - Diversification into Information Technology.
v  1988 - Crossed the $10 million mark in annualized revenues.
v  1990 - Incorporation of Wipro-GE medical systems
v  1992 - Going global with global IT services division
v  1993 - Busy to achieve the "TL9000 certification" for industry specific quality standards. Becomes world's first PCMM Level 5 Company. Wipro becomes only Indian company featured in Business Week’s 100 best-performing technology companies.
v  1995 - Established Wipro Academy of Software Excellence
v  2002 - Wipro acquires Spectra mind. (InfoTech 100, November 2002)
v  2003 - Wipro acquires Nerve wire.
v  2004 - Crossed the $1 Billion IDC rates Wipro as the leader among worldwide offshore service providers
v  2005 - Wipro acquires mPower to enter payments space and also acquires European System on Chip (SoC) design firm NewLogic.
v  2006 - Wipro acquires Enabler to enter Niche Retail market
v  2007 - Wipro acquires US's Info crossing for 600mn
v  2009 - Wipro acquires Gallagher Financial Systems to enter mortgage loan
Origination  space.

RECRUITMENT & SELECTION

Recruitment refers to the process of screening, and selecting qualified people for a job at an organization or firm, or for a vacancy in a volunteer-based organization or community group. While generalist managers or administrators can undertake some components of the recruitment process, mid- and large-size organizations and companies often retain professional recruiters or outsource some of the process to recruitment agencies. External recruitment is the process of attracting and selecting employees from outside the organization.
A. Internal Sources:-
·         Promotions and Transfer
·          Job postings
·          Employee Referrals
B. External Sources:-
·         Advertisement
·         Employment Agencies
·         On campus Recruitment
·         Employment exchanges
WIPRO recruitment process:-

There are 3 selection process in WIPRO
1. APTITUDE TEST
2. TECHNICAL INTERVIEW
3. HR INTERVIEW
Round 1: Written test
1. Verbal: This section will have 15 questions related to synonyms, antonyms, Analogies,    SC, Prepositions and reading comprehension.
2. Aptitude: This section will have 15 questions related to aptitude topics like Time & Work, Time & Distance, Blood Relations, Series Completion, Puzzles, Calendars, Clocks, Percentages, Ratio proportions, Ages, Pipes and Cisterns etc.
3. Technical: This section will have 20 questions related to basic technical concepts from C, C++, Java, Linux, UNIX, DBMS, SQL, Programming fundamentals, Hardware, Software Engineering, and Micro Processors etc. Candidates are informed to brush up their technical skills which were covered in their regular academic curriculum.
Round 2: Technical Interview
This is a major elimination round. Candidates should be thorough with their basic technical skills to clear this round. Candidates are here by informed to be prepared with their core subjects.
Round 3: HR Interview
Candidates will be tested in their communication and vocabulary during technical and HR interviews.
Wipro recruit 40% employees from campus recruitment. Another popular source for Wipro’s Recruitment is the Online Placement through NSR (National Skill Registry).
TRAINING & DEVELOPMENT

The term training refers to the acquisition of knowledge, skills, and competencies as a result of the teaching of vocational or practical skills and knowledge that relate to specific useful competencies.
Ø  Training & Development of individuals is a key focus area at Wipro. Our Talent Transformation Division handles this. For those with less than one year of experience a well-structured induction training program is conducted. This will cover all aspects of software development skills that are required.
Ø  As a PCMM Level 5 organization, there is also high focus on Competency
Development. Talent Transformation has a mandate to provide technical &          business skill training based on the departmental and divisional need. All employees are eligible to take training based on the competency gap identified or Project need.

WIPRO TRAINING MODEL
Rapid Learning:-
At Wipro, we know how critical time is for fulfilling training needs and hence we have developed competency in the area of Rapid Learning. An emerging form of content development, Rapid Learning helps to develop content in a short span of time using various tools; the content delivery can be both synchronous as well as asynchronous.
Critical Training – when the training requirement is critical and must be addressed
Immediately.
Minor change – when the difference between what is known and what is new is minimal
Short shelf life – when the content in question has a very short shelf life
Frequent updates – when the content needs to be update frequently.
Process Training:-
Large enterprises keep updating their processes to improve the efficacies of their systems. Business process training is typically a part of any organization’s overall change management plan. Wipro provides Process Training in several fields including HR, Quality, Operation, Payroll, Recruitment, and more. For a meaningful transition of the process, quality training is extremely critical.
The components of process training are:
1. Analyze         2. Inform          3. Involve          4. Support

EMPLOYEE WELFARE
According to the Oxford dictionary, employee welfare or labour welfare means “the efforts to make life worth living for workmen.” Labour Welfare means anything done for the comfort and improvement, intellectual or social, of the employees over and governmental, which is not a necessity of the industry.
Welfare Activities:-
Education– Wipro has its own institute, where the education is given to the employees’ children absolutely free. The school has classes from JR. kg to class-XII in English medium. Free transportation facility is also provided to them.
Medical – Company’s philosophy is “Nobody should die without fund”. Company believes its responsibility towards health services to provide to the employees go beyond the statutory provision. Being the petrochemical industry and some of their process are considered “Hazardous”.
Housing – Company has its own township at different location in Bangalore. If house is available, the new employees are allotted the house otherwise the company can also hire house. All the maintenance in houses provided  to employees by company is done by the company.
Canteen – The company gives canteen facility under which food is provided to the employees but it is not compulsory for them. They get the allowance in their salary.
Sports - To motivate the employees of the company organizes different sports tournaments i.e. Cricket, Volleyball, Table Tennis, Badminton Etc.
Recreation activities - For the recreation of the employee, company organized gets to gather once in a year with their family. And also arranged short distance picnic. For picnic they get Rs. 100/- and free transportation once in a year.
Club membership - The purpose of the club membership is to meet the other members of the industrial community and interact with them for relation personnel leisure. This facility is provided only to the SMC and above.
Insurance Policy – Wipro provides personal accident insurance policy of Rs 100000 for employees. Premium of the company is half pay by employee and other will pay by Wipro.


BENEFITS GIVEN TO THE EMPLOYEE IN WIPRO
Very few organizations can match Wipro's capability to offer the kind of flexibility and opportunity to pursue multiple careers and unhindered growth, while you continue to work in the same organization.

Wipro Leaders Program
The program is designed to identify the specific actions and attitudes that constitute the Wipro leader's qualities. It examines how each manager rates against these qualities, provide an understanding of how the required skills and competencies can be developed and plan what each individual can do to strengthen his or her leadership qualities.
Recognition

Your hard work and contribution never go unnoticed at Wipro. The size we have grown to and the diversity of people has given rise for a need to introduce awards. At every step of success there is an award awaiting you. The challenges we encounter, motivates us to accomplish greater feats and the comforts of rewards and recognition comes as a package
Long Services Award 
We at Wipro take pride in our long serving colleagues. They are a major force behind our success. We recognize their contribution through a comprehensive reward programme - Schemes include holiday packages with special facilities.
Other Benefits
The governing theme in our organization is the well being of employees. The benefits we offer them are on par with the best available.
Our Compensation package is among the best in the industry and it is aimed at retaining existing talent. The package caters to all positions across Wipro. A reward for each position is based on performance, potential, criticality and market value. We have a comprehensive medical assistance program that covers the whole gamut of medical expenses you and your family incur.
Our reimbursement scheme provides you tax shelter on quasi-official expenses. Your growth in the company will be complemented by your own self-development. Our educational assistance plan offers you all encouragement in pursuing the course of your interest. Our leave policy also includes a sabbatical to pursue higher studies related to your profession.

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