ZXMCO PAKISTANPVT. LTD

Presenting by:Najeeb Ullah

Bilal RazaMadah HussainRashid Hassan

Presenting to:Miss. Sidra Nasreem

Name:

ZXMCO Pakistan (Private) Limited.

Business Activity:

ZXMCO is currently engaged in Imports of auto parts and assembling of Motorcycles.

Incorporation:

ZXMCO, an emerging leader of automobile industry in Pakistan. was incorporated on August 10, 2004. ZXMCO delivered its first valued product in May 2005.

INTRODUCTION:

Head Office

Zxmco’s Head Office is Situated at 168-Badami Bagh Lahore.

Production Facility Zxmco Production Facility is situated on 23-km Dar-

us-Salam Road Off Raiwind Road, Lahore.

Zxmco's Vision:

“To be a leader in providing convenience to and save the time of the nation through fast, durable and affordable transportation”.

Zxmco's Mission:

“ZXMCO listens to its valued customers”

Operational Structure:Production unit is fully equipped.Which has been approved by EDB (Engineering Development Board).The production capacity of the plant is of 4,000 motorbikes per month.

Staff: Zxmco Pakistan (Pvt.) Ltd has appointed/hired highly

educated and well-trained skilled manpower, like IT ProfessionalsDiploma Holders Economists and Legal Advisors

HIRARCHY Of ZXMCO PVT. LTD

CHAIRMAN

CEO (Chief Executive Officer)

Director HR (HR Deptt.)

 

Associate Director Associate Director Executive Director (Director Finance)

GM Plant and Logistics

 

Logistics (store) Supply Chain Deptt. Production Deptt.   

GM Sales and Marketing

 

Sales Deptt. After Sales Deptt Marketing Deptt.

HRM hierarchy of Zxmco Director HR deptt. Executive Manager HR

HR Manager Name: Fazal ur Rahman Jaswaal

 Size: In Zxmco there are;

60 staff officers340 workers

Major Functions of Zxmco Import of auto parts (engines, CBU motorcycles etc) Manufacturing of auto parts (casing parts) Assembling of 4 stroke Euro-ii motorcycles Trading of engine parts

Importance of Training: Best way to make our Human Resource updated with new technologies A competitive edge on our competitors.we can improve our whole performance and develop our employees according the need of time.

Zxmco’s last Recruitment and Derecruitment: Last time Recruitment and Derecruitment In Zxmco

was held on1st June to 15 June 2012 because of some necessities felt by the HR deptt.

Training and Development in Zxmco

Orientation:When a new employee come in Zxmco we guide himby followings

Employee hand book Introduction

Training Programs conducted by Zxmco Pvt. LtdZxmco follows these two differenttechniques in training programs. Which are,

On the job training Off the job Training

On the job training:“Production methods or development in working is based on “On

the job training”Zxmco using following beneficial methods for on the job training.

Coaching by experienced workers Instruction - conference rooms

Off the job training:Zxmco conduct off the job training by following methods

Lectures like class rooms

Zxmco send their employees and executives in the followings organizations for the sake of learning and training

EDB PSQC PTA Excise deptt.

Simulation – Work place like environmentZxmco also train their new employees by providingthem the actual work place like Environment.For this purpose Zxmco send his employees in thefollowings institutions.

SME Labour deptt.

Zxmco HR manager says;“We don’t see what they know already, but we train

them according to company policy and rules”.

How to conduct training in Zxmco:Process of training is conducted by seeing the employee’s individual performance.Zxmco provide them professional training environment. For this purpose Zxmco conduct it in conference hall.Zxmco also train our trainees and supervisors specially.

Evaluation of training process: Zxmco evaluate the training process according to

followings, Quality of workBy asking from supervisor, customers, peers and Subordinates.

Development of ManagersZxmco do a lot for the development of their managers

according to the needs of time. For example,vendor visits

Zxmco also give opportunity to their managers to attend following meetings/seminars in whole over the country.EDB seminars FBR seminarsColleges and Universities seminarsPAPAAMImport and Logistic Managers send to China

Zxmco Prepare his Managers for futureZxmco prepare his managers for future challenges by

followings methodsOn the Job Training

CoachingImport and Logistic Managers send to ChinaCo working on the installation of ERP,

For Example “SAP” which is highly cost, millions now a days.

 Off the Job TrainingConference attendRole playing

Benefits of TrainingIn Zxmco benefits Depends on the importance of job

or need of training.Zxmco Budget for Training

Zxmco make budget according to the current needsZxmco also using the SAP for the convenience of its employees and enhance productivity. SAP-R3 is also using by Zxmco which is latest

technology. For this purpose 15% of the company annual profit is used which cost 3.5 cror. Sports friendly environment is kept by Zxmco. A Cricket ground is constructed in the company.

In Zxmco Performance appraisal is held at the end of the work done by the employee because it is a manufacturing concern so the performance is checked at the spot and appreciated on the spot.

Date of last Performance Appraisal 15 December 2012 For what Post For the post of Executive level of all departments in Zxmco.Who conduct Performance Appraisal

HR manager and supervisor of every department.Hr manger plays a vital role in performance appraisal of Zxmco employees.

Performance Management and Appraisal in Zxmco

How Zxmco do Performance AppraisalIn Zxmco the method for Performance Appraisal which

is using by HR department is, “Paired comparison method”As it is a manufacturing related organization so the

paired comparison method is very useful for Performance Appraisal. In this way company can motivate their employees very well and the competition between employees always remain ON. which benefit to the company.

“Graphic rating method” is also used for performance appraising in Zxmco.

 

Zxmco follows the (M.B.O)As a Manufacturing organization Zxmco involve its

employees for setting specific measureable goals for each employee and then periodically reviewing the progress made.

What to measure in Performance AppraisalGoal achievements of every individual. Supervisors say their labour to achieve their goal by hook or by crook. There is no difference in any post and qualification of employee in Zxmco they only see there performance while appraising there performance.

Compensation

Deciding Employee Salary in Zxmco Zxmco Employees salary is decided by Internal

method to maintain internal equity. For this purpose Zxmco uses Job classification method in which categorized jobs into groups or classes of jobs that are of same values for same purpose. The factors for job classes are skills, effort required, working conditions, level of responsibility, etc.

Deciding Managers/Executive Job CompensationZxmco Managers and executives job compensation is

based on their job scope and technical knowledge. Difference between Men and Women Compensation

No difference in men and women compensation

packages. All the workers are compensating equally in sense of gender.

Strategic pay plan Zxmco company strategic pay plan is defined by

following equation. Basic Salary + Incentives and Allowances

Leaves In Zxmco 24 leaves are allowed in a year without

cutting/deduction in salary and compensationIn which

12 casual leaves8 sick leaves4 special leaves

 Holidays leaves are paid in Zxmco Company.Base for decide CompensationIn Zxmco only the performance of each employee is

the scale while deciding their compensation.

Probationary period CompensationIn Zxmco 3 month leave without pay is offered in probationary period.Termination can make on immediate basis without any Termination Letter.

 Pension and GratuityIn Zxmco No pension and Gratuity fund is awarded

because Zxmco having quite young staff.

Incentives

Financial IncentivesBonusesUmrah packagesCash prizesEmployee of the year award upto Rs 50000

 

For Blue color EmployeesFree bike is given to themMonetary benefits

 For White color

EmployeesBonusesFlexible hours

Incentives are given according to OrganizationalObjectivesZxmco gives incentives by seeing organizational

objectives not individuals. And gives employees following special incentives.100cc motorbikeTwo special bonuses

Eid ul Fitar (25% basic salary)Eid ul Azha (100% basic salary)

Special taskIn Zxmco some time special task is given to employee

and gives him financial incentives on meeting his target or task.

Time SpanIn Zxmco Incentives are given in the form of lump sum

amount at the end of November each year.Last incentives are given to employees by Zxmco in

November 2012 in the form of Increment in basic salary Increase the rank

SalaryIn Zxmco salary awarded is variable in monetary sense. Mean change after a period of time.In Zxmco Pvt. Ltd incentives are given individually basis not team or group base incentives are given to employees.

 

Conclusion:Zxmco Pvt Ltd is a fast growing brand in motorcycle industry. having corporate

culture and best after sales services with national and international sales network.

LCCI Achievement Award 2008Mr. Asif Khan Executive Director of ZXMCO Pakistan

Private Limited is receiving Best Quality Award for the

Year 2008 from his excellence Mr. Yousuf Raza Gillani in

ceremony held by The Lahore Chamber of Commerce.

LCCI Achievement Award 2009Mr. Asif Khan Executive Director of ZXMCO Pakistan

Private Limited is receiving Best Quality Award for the

Year 2009 from his excellence Mr. Yousuf Raza Gillani in

ceremony held by The Lahore Chamber of Commerce.

LCCI Achievement Award 2010ZXMCO has won third consecutive time the LCCI Best

Quality Award. Mr. Asif Khan (Executive Director) is

receiving this award from His Excellence Prime Minister of

Pakistan Mr. Yousuf Raza Gillani during the ceremony held

in this regard by Lahore Chamber of Commerce & Industry.

Thank You