4. INTRODUCTION :- COMPANY PROFILE
Established in 1907, Tata Steel is Asia's first and India's largest private sector steel
company. Tata Steel is among the lowest cost producers of steel in the world and one of the
few select steel companies in the world that is EVA+ (Economic Value Added).
Tata Steel is the world’s 6th largest steel company with an existing annual crude steel
production capacity of 30 Million Tonnes.
Tata Steel has a balanced global presence in over 50 developed European and fast growing
Asian markets, with manufacturing units in 26 countries.
Tata Steel`s Jamshedpur (India) Works has a crude steel production capacity of 6.8 MTPA
which is slated to increase to 10 MTPA by 2010.
5. Determined to be a major global steel player, Tata Steel has recently included in its fold
NatSteel, Asia (2 MTPA) and Millennium Steel (1.7 MTPA) and also acquired Corus
creating a manufacturing network in eight markets in South East Asia, Europe and Pacific
countries.
While the Company is focused in the pursuit of its operational goals, it is also committed
to being a good corporate citizen. Tata Steel extends support to the economically
underprivileged not by charity but by strengthening and empowering them with expertise
and knowledge. It community outreach programmes covers the Tata Steel managed city of
Jamshedpur and over 600 villages in and around.
7. SAFE WORKPLACE
Tata Steel has identified excellence in health and safety in all its operations as a key business
imperative. The Company has adopted and applied a range of programmes, including those from
DuPont, the world benchmark in safety, to establish a strong safety culture among its employees and
contractors.
The health initiatives, driven through Wellness@Workplace programme in India has a special focus on
the health of women employees
Tata Steel India has taken a special drive on Fatality Risk Control Programme and elimination of
commonly accepted unsafe practices. This initiative has enabled correction of more than 10,000
unsafe conditions and 969 unsafe practices
8. In its endeavour to address the issue of
community safety, Tata Steel India is working with
external consultants to drive systematic domestic
safety management and safety education
initiatives for school and college students
The Safety, Health and Environment Committee of
the Board was constituted in 2009 to oversee the
policies and their implementation across Tata
Steel Group.
Tata Steel received the World Steel Safety & Health
Excellence Recognition Award 2012 for positively
embracing the safety and health principles of the
World Steel Association.
10. EMPLOYER OF CHOICE
Long before its human resources policy was formally written down in 2001, the company’s
employment philosophy and practices were based on the recognition that its people are the primary
source of its competitiveness. The core principles enshrined in that policy, and now applied across
the Tata Steel Group worldwide.
The five Tata Group core values are integrity, understanding, excellence, unity and responsibility.
The Tata Steel Group believes that being the best possible employer helps to recruit and retain the
best employees. Tata Steel values dedicated and skilled staff to deliver world-class service to its
customers and to maintain its competitive advantage through cutting edge research.
11. Recruitmen
t and
retention
The Tata Steel Group believes that being the best possible
employer helps to recruit and retain the best employees.
Tata Steel values dedicated and skilled staff to deliver
world-class service to its customers and to maintain its
competitive advantage through cutting edge research.
Retaining talented employees is critically important, and the
Group recognises that the best way of earning employee
loyalty is by providing them with opportunities for
development and progression, and with competitive
compensation and benefits schemes. Initiative, innovation,
teamwork and leadership are some of the key qualities that
the Company looks for.
12. Training
and
Developme
nt
The Tata Steel Group continues to
invest in and improve its managerial
and technical capabilities through
internal development and training of
its employees across Europe, India and
South East Asia. The Company is
committed to its people who are
instrumental in its success. The focus
is on engaging employees across levels
and developing capabilities through
training and development initiatives.
13. Diverse
Workforce
Tata Steel believes as a matter of principle that
diversity within the workforce greatly
enhances overall capabilities.
In all global operating locations, the Company
is an equal opportunity employer and does not
discriminate on the basis of race, caste,
religion, colour, ancestry, gender, etc.
Employee policies and practices are
administered in a manner that ensures all
decisions relating to promotion, compensation
and any other forms of reward and recognition
are based entirely on merit.
