http://en.wikipedia.

org/wiki/Nokia#References
DEFINITION:
HRM is the process of acquiring, training, appraising &
compensating employment.
 HR STRATEGIES
RECRUITMENT
SELECTION
TRAININGAND DEVELOPMENT
PERFORMANCE APPRAISAL
PAYROL AND PERSOANL SYSTEM
 RECRUITMENT

 It is the process of searching for prospective employees and

stimulating them to apply for jobs in an organization.
 Recruitment strategies at
NOKIA
 Search for jobs through the link on the Careers page.
 Submit your application online as per the instructions at
the site.
 From your application, company will review your skills.
 Identifying and hiring the best talent is a key objective for
Nokia.
http://www.scribd.com/doc/52925941/HR-
Practices-at-NOKIA
.
 SELECTION

 It is the process of ascertaining the qualifications,

experiences, skills, knowledge of an applicant with view to
appraising his / her suitability to a job
Selection process at NOKIA
 The selection process will consist of multiple rounds of
phone interviews and on site interviews with hiring
managers, peers and the human resources team.
 Occupational Personality Questionnaire assessment,
background verification and reference checks also form
part of the process in taking a final decision on the
candidature.
 A member of resourcing team at Human Resources
will be in touch with applicant through the above process
to keep them updated on the status, both at interim and
final stages.
 TRAININGAND DEVELOPMENT

 It is the process of imparting to the employees technical and

operating skills and knowledge.
 It is the process of designing and conducting suitable
executive development programs
 Training and Development
strategies at NOKIA
• Operates the 70-20-10 approach to training
1. On the job learning (70%)
2. Mentoring & Individual coaching (20%)
3. Classroom training & e-learning (10%)
4. Active participation by trying new roles

• Aims to develop a broad range of skills for the workplace, as

well as the competencies specific to their role.
• Focus on Performance Evaluation &Leadership
 PERFORMANCE APPRAISAL
It is the systematic evaluation of individuals with respect to their
performance on the job and their potential for development
 Performance appraisal
strategies at NOKIA
 Nokia rewards employees for good performance, competence
development, and f or overall company success.

 Higher performance and contribution lead to higher rewards.

Reward programs including- bonuses, recognize performance based on
individual, team and company results

 Offers Equity programs to eligible employees

 Communicate with employees about the effect of business results on their

incentives after each quarter
 Introduction of Investing in People (IIP) process
 Development and renewal of our employees skills and competencies is
critical
 PAYROLL PERSOANL SYSTEM

 payroll refers to the amount paid to employees for services

they provided during a certain period of time. Payroll plays a
major role in a company for several reasons
 Payroll personal system
 Benefits:
 Insurance (healthcare and life)

 Transportation (free buses)

 Gifts on special occasions (e.g. birthday, marriage)

 Relocation support (need based)

 Work related mobile phone

 Education assistance
 Crèche support
Recent updates
 Microsoft swallows Nokia's phone business for $7.2 bln
 Deal expected to close in first quarter of 2014
 Nokia shares up 34 percent, Microsoft's down 5 pct
 Nokia, whose market value topped $200 billion over a
decade ago, will now concentrate on its networking
equipment unit, navigation business and technology
patents.
http://www.reuters.com/article/2013/09/03/mi
crosoft-nokia-idUSL6N0GZ04Z20130903
 Brief About Nokia
 Revenue: 42.45 billion

 Operating Income: 2.070 billion

 Net income: 1.850 billion

 Total Assets: 39.12 billion

 Total Equity: 16.23 billion

 Employees: 132,430 in 120 countries

 Subsidiaries: Nokia Siemens Network, Navteq, Symbian, Vertu,
Qt developmentFramework
 Branches in India: Gurgaon, Mumbai, Kolkatta, New Delhi, Bangalore,
Hyderabad &Ahmadabad
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