This document discusses best practices in human resources (HR) at top companies. It covers the importance of HR and key HR components like recruitment, selection, training, development, compensation, maintenance, working conditions, and communication. Specific practices highlighted include Google's emphasis on training and growth opportunities, Boston Consulting Group's career development meetings, Novartis' pay for performance and benefits, and techniques by Deloitte, Microsoft, and others to improve culture, retention, and employee satisfaction.

1. GROUP 5

2. HR Practices ofbest places to work

4. Training and Development

5. Compensation

6. Maintenance

7. Working conditions and Retention

9. Introduction Any practice that you devise to increase the competence, commitment and improve the culture building -www.coolavenues.com

11. Employees and their jobs/company

14. Recruitment and Selection Google Proud to be Geeks Best Campaigning, Second Home: Attracts best talent Non Performance of Employee is regarded as Recruiters fault

16. Training and Development Boston Consultancy Group Every employee needs to meet Career development Committee twice a year- Proper Career development Business Essential Programme for Non-MBA hires Training by seniors to juniors. Ambassador Program

17. Training and Development Google Minimum of 120 Hours of Training per year, 3 times Industry standard~ This provides competitive advantage Growth path for every Individual Free to choose any type of training for self-development

18. Compensation - Monetary Novartis Pay for performance Annual Incentive Plan- based on prevailing rates Stock Incentive Plan- Long Term Health and Insurance Coverage 2 weeks paid vacations

19. Compensation - Non-Monetary Novartis Disability Coverage Life Insurance and Survival Income Plan Hughes Software Systems SNAP Award, Annual Achievement Award Presidential Award for Overall Excellence Philips Software Center Allowing employees to take 1 Dream Project Well furnished bed rooms for employees staying late nights

20. Maintenance It deals in all the practices undertaken with an object to maintain satisfaction of an employee It Includes Working Conditions Retention Communication

21. Working Condition and Retention Deloitte Gym, Yoga Room Coffee Day, Restaurants, Google Flexible Work hours Tele Commuting 18 weeks bonding leave for mothers and 7 for fathers Seminars, Get-togethers themed with colors and creativity~ develops Sense of Belongingness

22. Communication Google Job Satisfaction Surveys, Engineering Team Survey, and results are published in Newsletter In-House Blog TGIFs Also webcasted for people of other time zones and people missing it Mind Tree Consultants Ring Bell for winning project Selection of ‘Mind Tree Minds’ at random, and allowed to meet CEO for interaction, every 2 weeks

23. Subex Feel The Pulse Meet- Where Seniors interact with juniors to review the growth. Philips Software Center Philips Yellow Pages , so that any employee can search for a specific domain person and clarify their doubts and learn anything Hughes Software Systems E-Greetings through Intranet Communication