SUMMER TRAINING INTERIM REPORT

ON
“From Onboarding to Offboarding:
Navigating the Employee Journey”

AT PropAnchor

_________________________________________________________

Submitted By : Harshita Pandey (23BSP0794)

Prof. Ganesh Mani Ms. Krishna Bhatt

TABLE OF CONTENT
Sr. Content Page
no. no.
1 Abstract 1

2 Company Introduction 2

3 Profile details 3

4 Objective 4

5 Methodology 5

6 Specifications of the work 7

7 Insights 8

8 Prospective Learnings 10
 ABSTRACT

Fuelled by the visionary leadership of Mr. Ajay Verma, founder of PropAnchor, a real estate

startup, This internship assignment explores into the pivotal moments of an employee's

lifecycle, from onboarding to offboarding. HR's crucial role in areas such as compensation

and benefits, policy development, communication strategies, and performance management

will be meticulously examined with the aim of enhancing the employee experience.

Through rigorous analysis of these functions, the project seeks to understand how feedback

mechanisms are leveraged by HR to cultivate a productive and positive work environment

that fosters employee engagement. This analysis will then be utilized to identify areas for

improvement within the Human Resources department, ensuring a seamless and fulfilling

employee experience that propels PropAnchor's continued success in the competitive real

estate market.

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 COMPANY DESCRIPTION

PropAnchor, established in January 2019 and guided by Ajay Varma's inspiring vision is

rapidly establishing itself as a frontrunner in the dynamic real estate industry. The company is

committed to rewriting the industry narrative through a relentless focus on technology,

digitization, and effective sales practices. PropAnchor's mission is to bridge the existing gaps

within the real estate sector, ensuring a seamless and efficient experience for its clientele.

At PropAnchor, the focus transcends mere property sales. The company actively simplifies

the complexities associated with real estate purchases, guiding clients through every stage of

the journey. Their tagline, "Make It Happen" embodies their unwavering commitment to

simplifying the property hustle for their valued customers.

PropAnchor boasts a network of renowned developers across Mumbai and Pune, offering its

clients a curated selection of high-quality properties. The company prioritizes simplifying the

real estate buying process, empowering clients with the knowledge they need to make

informed decisions at every step, from the fundamentals to more advanced considerations.

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 PROFILE DETAILS
 A range of crucial functions within the organization is overseen by the HR Generalist,

ensuring smooth operations and employee satisfaction.

 In Recruitment and Onboarding, staffing needs are identified, job openings are posted,

resumes are screened, and interviews are conducted to bring in new talent seamlessly.

 Employee Relations involve addressing inquiries, resolving conflicts, and conducting

exit interviews when necessary.

 Performance Management entails setting goals, providing feedback, and evaluating

employee performance to enhance productivity.

 Policy Development and Implementation see policies created and communicated by

the HR Generalist, ensuring compliance, and handling violations.

 Benefits Administration involves managing employee benefits programs, handling

inquiries, and collaborating with benefit providers.

 In Training and Development, training needs are identified, programs are developed,

sessions are conducted, and effectiveness is assessed.

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 OBJECTIVE

The objective of this study is to analyze the multifaceted roles assumed by HR in supporting

employees throughout their organizational tenure, with a specific focus on the development

of onboarding structures, the facilitation of engagement activities for enhanced team bonding,

and the assessment of how incentives and punctuality affect employee pay and benefits. The

aim is to enhance employee retention and organizational success, encompassing other related

factors within this scope.

1.Development of Comprehensive Onboarding Structures: Thorough onboarding

structures will be created to ensure the seamless integration of new hires into company

operations, facilitating their swift acclimatization to the organizational culture and processes.

2. Facilitation of Engagement Activities for Increased Team Bonding: Engagement

activities will be organized to promote stronger interpersonal relationships among team

members, fostering a cohesive and collaborative work environment conducive to productivity

and job satisfaction.

3. Assessment of Incentives and Punctuality on Pay and Benefits: The influence of

incentives and punctuality on employee pay and benefits will be assessed, aiming to optimize

compensation structures in line with performance and attendance metrics.

4. Enhancement of Employee Retention Strategies: Strategies will be formulated to

enhance employee retention rates, leveraging effective onboarding, engagement initiatives,

and fair compensation practices to cultivate a supportive and rewarding workplace

environment.

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 METHODOLOGY

Insights were gathered regarding the necessary engagement activities and their

implementation. The focus was on identifying activities crucial for enhancing employee

engagement and aligning them with company goals . Additionally, methods for efficiently

executing these activities were explored to ensure maximum participation and impact.

Rewards and recognition were deliberated upon within the organization. Strategies for

acknowledging employee contributions and achievements were considered, recognizing the

importance of motivating and rewarding excellent performance. The discussion aimed to

establish a structured framework for implementing reward systems, promoting a culture of

appreciation and acknowledgment across different levels of the organization.

Furthermore, the significance of team bonding through celebratory events, such as birthday

celebrations, was emphasized. Birthdays were highlighted as an opportunity to not only

personalize the workplace culture but also to strengthen relationships among colleagues. This

initiative reflects the organization's commitment to fostering a supportive work environment,

ultimately contributing to enhanced employee morale and satisfaction.

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 SPECIFICATIONS OF THE WORK

1. Engagement Activities

The need for increased team bonding and an enhanced work environment arose due to the

relocation to Andheri. In response, measures were initiated to foster wellness and mutual

understanding among employees. Following discussions with Ajay sir and Krishna Ma'am, it

was decided that every Wednesday, one hour after lunch, would be dedicated to engagement

activities. Participation in these activities by each team and pairs of teams was mandated,

aimed at not only promoting team cohesion but also deepening comprehension of ongoing

projects and colleagues. Structured engagement activities, including knowledge-sharing

sessions and entertaining exercises, were implemented to alleviate stress and invigorate

employees' enthusiasm and perspective towards their work.

2. Attendance

The employee structure, comprising both permanent employees and callers paid daily by

vendors, necessitated adherence to distinct rules and working hours. Upon acquiring

understanding, the responsibility of maintaining attendance records and addressing late

remarks was assigned. This encompassed tracking attendance for callers, permanent

employees, and interns.

3. Induction

The internship, which commenced on 7th Feb, provided an early opportunity to immerse

oneself in the norms and terminologies of the real estate industry. Comprehensive insights

into essential aspects of project pitching and expectations for new joiners were imparted. This

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included a thorough understanding of PropAnchor's core values and their integration into

daily work activities.

4. Understanding and Studying Policy Gaps

An overview of the company's fundamental policies shed light on their underlying values and

rationale. Identified gaps prompted a comprehensive study to streamline various aspects,

enhancing the current work environment and aligning processes for future endeavours. This

involved scrutinizing working dynamics, policies, and the prevailing work environment to

propose structural enhancements.

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 INSIGHTS
1. Policy formation understanding:

The acquisition of analytical skills and comprehension of thought processes

involved in organizational policy creation.

2. Company rules significance:

The recognition of the importance and rationale behind the establishment of rules

and policies in companies.

3. Analytical perspective acquisition:

The ability to analyze diverse situations and the advantages of adopting a third-

person perspective for deeper insights are gained.

4. Perspective selection understanding:

Understanding when to apply a broader perspective and when to opt for a

narrower approach in decision-making is achieved.

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PROSPECTIVE LEARNINGS
1. Understanding Talent Acquisition

An exciting opportunity presents itself to explore the intricate processes of talent

acquisition, where the nuances of identifying, attracting, and retaining skilled

individuals are examined. Through this journey, a deeper understanding of how

organizations strategically align their workforce needs with business objectives is

anticipated, fostering a sense of appreciation for the importance of talent

acquisition in driving organizational success.

2. Familiarization with FNF Procedure

An eagerly awaited learning experience awaits in acquainting oneself with the

Full and Final settlement procedure. This involves gaining insights into the

meticulous steps involved in concluding employment contracts, including the

settlement of pending dues and formalities. By immersing in this process, a

comprehensive understanding of the meticulous attention to detail required in

concluding professional relationships is anticipated, instilling confidence in

navigating similar procedures in the future.

3. Understanding Salary and Promotions Process:

An eagerly anticipated learning opportunity arises to comprehend how salary and

promotion decisions are made within organizations. This entails gaining insights

into the comprehensive evaluations and deliberations undertaken, along with the

meticulous pre-work involved in arriving at final decisions. Through this

exploration, an enriched understanding of the factors influencing compensation

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and career progression is anticipated, fostering a deeper appreciation for the

complexities involved in rewarding and recognizing employee contributions.

4. Exploration of Other Policy Formulations:

An exciting journey awaits in exploring other policy formulations within the

organizational context. This encompasses the opportunity to gain insights into the

development, implementation, and refinement of various organizational policies,

ranging from HR guidelines to operational protocols. By immersing oneself in this

exploration, an enriched understanding of the underlying principles and

considerations shaping organizational policies is anticipated, nurturing a proactive

mindset towards contributing to the enhancement of organizational frameworks

and practices.

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