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    A Study On Shri Swami Atmanand Saraswati Ayurvedic Co-Operative Pharmacy Limited (ASFA)

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    Bhakti Mehta
    This document discusses the hiring, training, compensation, and performance management processes at ASFA Ayurvedic Co-operative Pharmacy Limited. Key points include: 1. ASFA uses a multi-step selection process including screening applications, interviews, and skills/knowledge tests to hire candidates that match their requirements. 2. New employees receive on-the-job and induction training. Induction training provides all company information to new hires. 3. Benefits include subsidized housing, medical allowances, travel concessions, and discounts on medicines. Performance is managed through employee records and annual appraisals which are used for promotion decisions.

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    A Study On Shri Swami Atmanand Saraswati Ayurvedic Co-Operative Pharmacy Limited (ASFA)

    Uploaded by

    Bhakti Mehta
    91 views9 pages
    This document discusses the hiring, training, compensation, and performance management processes at ASFA Ayurvedic Co-operative Pharmacy Limited. Key points include: 1. ASFA uses a multi-step selection process including screening applications, interviews, and skills/knowledge tests to hire candidates that match their requirements. 2. New employees receive on-the-job and induction training. Induction training provides all company information to new hires. 3. Benefits include subsidized housing, medical allowances, travel concessions, and discounts on medicines. Performance is managed through employee records and annual appraisals which are used for promotion decisions.

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    This document discusses the hiring, training, compensation, and performance management processes at ASFA Ayurvedic Co-operative Pharmacy Limited. Key points include: 1. ASFA uses a multi-step selection process including screening applications, interviews, and skills/knowledge tests to hire candidates that match their requirements. 2. New employees receive on-the-job and induction training. Induction training provides all company information to new hires. 3. Benefits include subsidized housing, medical allowances, travel concessions, and discounts on medicines. Performance is managed through employee records and annual appraisals which are used for promotion decisions.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    91 views9 pages

    A Study On Shri Swami Atmanand Saraswati Ayurvedic Co-Operative Pharmacy Limited (ASFA)

    Uploaded by

    Bhakti Mehta
    This document discusses the hiring, training, compensation, and performance management processes at ASFA Ayurvedic Co-operative Pharmacy Limited. Key points include: 1. ASFA uses a multi-step selection process including screening applications, interviews, and skills/knowledge tests to hire candidates that match their requirements. 2. New employees receive on-the-job and induction training. Induction training provides all company information to new hires. 3. Benefits include subsidized housing, medical allowances, travel concessions, and discounts on medicines. Performance is managed through employee records and annual appraisals which are used for promotion decisions.

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    “A Study On Shri Swami

    Atmanand Saraswati
    Ayurvedic Co-operative
    Pharmacy Limited (ASFA)”
    Abhishekh Mehta 2001
    Bhakti Mehta 2060
    History of Company
    Testing And Selection
    Process:
    1. Applications are screened and
    those are selected whose are
    matched with require
    specifications and attributes.
    2. Preliminary interview
    3. Selection test:
    written selection test is taken of
    selection of the middle level
    candidate.
    • Mathematical test
    • English test
    • Read and write test
    • Mental test
    • Skill test
    • Job knowledge test
    • Situation test
    • Interest test
    4. For worker and top level test is not taken. They call for
    interview. Interview is taken by managers and the
    applicants who are passed from this are selected.
    Type of interview is conducted by them:
    • Informal interview
    • Non-directed interview
    • Stress interview and board interview.
    5. Job is offered to selected applicants by giving
    appointment letter.
    Training and Development
    • On the job and induction training is given in Asfa.
    On the job training:
    In which workers or employees learn on basis of experience of
    their work.

    Induction training:
    Contents of Induction Training
    Asfa have formal induction program. All details are provided by
    pharmacy to new employee.
    Welfare Activities of Asfa:
    Intra mural welfare activity
    Convenience and comfort during the work
    Workshop and cleanliness, lighting, elimination of dust,
    smoke, gases
    Notice boards, posters, information, slogans
    House keeping, garden, passage, lawns, floor maintenance etc.

    Extra mural welfare activity of Asfa


    Transportation
    Vocational guidance and credit societies
    Discount in purchase on medicines
    Roads, lighting, garden etc.
    Pay Plans and Incentive Structures
    • In Asfa wages are determined as per the minimum wages Act,
    1948 and also by the special allowance Act, decide by the
    Gujarat Govt.
    • ASFA uses time wage system in which wages are paid
    according to time spent at the job.

    Incentives and Amenities:


    •House rent allowance
    • Medical allowance
    •Lunch subsidies
    •Travelling concession
    •New residential quarters
    Performance Management
    Maintainance of Employee Records:
    Asfa pharmacy maintained its record in the form of file. There
    are following details, which are involved in the record keeping of
    each employee.
    Performance Appraisal
    • Asfa may use this appraised report for promotion, transfer and
    training and development and providing incentives.
    • Asfa can easily measure the performance of its workers on time base
    method because in Asfa all worker has a card for attendance and
    work hours are easily calculated from that card.
    • Performance appraisal record forms can be assessed in following
    order:

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