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Reinforcing Strength with Conviction
The foundation of our success is our strong focus on Values that helps us foster Entrepreneurship, Collaboration and Operational Excellence while upholding Integrity and Care at the core. Our focus on bringing on-board some of the finest talents across industries and providing them with a culture of continuous learning helps us drive the high-performance culture. Through our steadfast commitment and diligent efforts, we continuously develop and enhance our human capital.
Our endeavour is to foster an environment that ignites the spark of inspiration within our people, empowering them to drive positive transformations through meaningful connections in their work. We meticulously select individuals based on exceptional academic achievements through rigorous aptitude and attitude assessments and interviews. Our goal is to create a vibrant, future-ready workforce that transcends industry, qualifications, age, and gender limitations.
At Nuvoco, embracing digital technology is a business imperative. We have developed our organisation-wide digital roadmap under DEN (Digitally Enabled Nuvoco) to help accelerate Digitally adoption. We are facilitating its implementation by helping our people realise productivity gains by leveraging state-of-the-art tech tools and infrastructure while also using data-led insights to inform our strategic decision-making.
3,926
Permanent Employees
We believe that the synergy between advanced technology and high-performance culture at the workplace plays a pivotal role in cultivating an agile workforce. The digital tools enhance collaboration, teamwork and data-driven insights contributing to faster and smarter decision-making. We make sure our people feel supported and empowered to share ideas and take calculated risks, helping to embed in them a spirit of winning.
To keep raising the momentum, we invest in capabilities that enable us to provide our people with opportunities for continuous learning and upskilling. At Nuvoco, we have established an organisation-wide Learning and Development Program to help our people adapt to emerging technologies and changing market trends ensuring a future-readiness, enhanced productivity, competitiveness, and engagement.
Our commitment to the development and upskilling of our workforce, technology enablement and forward-thinking culture, as well as workplace environment, strongly position Nuvoco as a preferred employer.
Our human capital development efforts stand on the following 3 (three) pillars:
Employee well-being
Nuvoco is committed to ensuring the physical and mental well-being of its employees. Taking a comprehensive approach to well-being helps us build engaged employees and strengthen our workforce. By collaborating with experts, Nuvoco extends beyond traditional initiatives to meet the needs of a transforming organisation.
Health & Safety: Our health and safety initiatives are rooted in a culture of accountability, outlined by our Health, Safety, and Environment (HSE) policy. We take a ‘ZERO HARM’ approach as non-negotiable with explicit safety protocols as an integral part of our process and rewards framework. Our resident doctors at manufacturing locations provide regular check-ups and care for those diagnosed with a variety of ailments. As part of our comprehensive employee health tracking system, we have categorised employees into 3 (three) categories: Red, Amber, and Green, where Red indicates chronic diseases. As a result, Nuvocans diagnosed with such issues receive exceptional care through a monthly follow-up program. Ultimately, this will assist them in transitioning into the Amber zone and eventually into the Green zone, which represents good health. Furthermore, we offer comprehensive medical insurance coverage for employees and their immediate families. In addition, we conduct annual medical health checks for all our employees and offer discounted rates for family members through our partners.
Besides the physical well-being of our people, we place great emphasis on their mental well-being, particularly following the recent pandemic. To support mental well-being, we have tied up with leading service providers offering a platform to raise awareness and provide support through an app allowing individuals to evaluate their current mental state discreetly while maintaining the highest level of confidentiality. Furthermore, they offer voluntary one-to-one counselling services, creating a compassionate and secure environment where our employees can seek guidance and support.
Employee Engagement: We value our commitments and achievements that are driven by a strong desire for Execution Excellence. To celebrate and acknowledge the remarkable accomplishments of our people, we have created several Rewards & Recognition (R&R) Programs across the organisation. One prominent program is the Nuvoco Edge Awards (NEA), which acknowledges the exceptional contributions of select Nuvocans. Aligned with our core values of Entrepreneurship, Care, Collaboration, and Operational Excellence, the NEA nominations undergo a thorough selection process and are carefully reviewed by management to identify individuals or teams who have made a significant impact through their exceptional work. The functional R&R programs, along with the engaging employee activities, promote a strong sense of connection to our organisational culture and enable talented employees to develop their artistic talents.
Employee Experience: When employees are engaged, they are inspired and motivated to do — and to want to do — their best work. It’s up to leaders to help nurture an environment where their employees can not only succeed but thrive. Enhancing employee engagement hinges on the continuous creation of meaningful and personalised experiences, shaping a positive workplace environment and fostering lasting connections between employees and the organisation. In Nuvoco, we strive to make important information and services easily available to employees, leveraging technology. We also appreciate the importance of Diversity in building future-ready organisation and therefore, maintain focus on our Diversity & Inclusion parameters.
a. Nuvoco Employee Self-service Tool (NEST): During FY 2022-23, we launched NEST - the Nuvoco Employee Self-service Tool (SAP SuccessFactors) to digitally orchestrate our employees’ individualised HR journeys. The integrated HRIS system offers a uniform experience and provides a one-stop access point for all HR-related activities such as talent management, recruitment, performance management, learning management, onboarding, and employee central.
Through NEST, individual performance and potential assessments are completed in the system and reviewed by managers at the department and function levels. Ultimately, this will help us all achieve our full potential and create success for the organisation. NEST ensures fairness and transparency in employee assessment.
Our ‘Pay for Performance’ feature ensures function-wise relative performance calibration, which aligns remuneration, rewards, and bonuses with the performance of the individual. We further strengthen our commitment by providing fair and competitive compensation to attract, retain, and reward high-performing employees.
b. Diversity & Inclusion: Nuvoco fosters diversity beyond gender. As a Company, our vision is to create a diverse workforce that represents allied industries and sectors as well as mixed-age workgroups that combine young talent with experience. The organisation has several female leaders at all levels of management as well as key positions in the Executive Committee. In FY 2022-23, we have made significant progress toward promoting gender diversity and fostering an environment that is more inclusive. We have introduced initiatives aimed at supporting women in their careers and ensuring they have equal opportunities to succeed, including an all-female RMX plant in Guwahati and Nuvoco University, which help develop employees, personally and professionally. Despite our progress, there is still much work to be accomplished and we remain committed to creating a truly equitable and inclusive environment.
Learning and Development
At Nuvoco, Learning and Development are integral to the growth and success of our people. We take a structured approach to cultivating talent and investing in our people’s capabilities. We offer a range of training programs, mentorship opportunities and professional development initiatives to our people that not only support career advancement but also promote personal growth.
During FY 2022-23, we developed a framework for Learning and Development that will help us build a future-ready workforce and support in achieving our Mission of being a Leading Building Materials Company Delivering Superior Performance. Following this framework, we identify an individual’s learning needs across personal, professional, and business levels and offer a comprehensive learning path.
Key achievements of our Learning and Development Program at Nuvoco:
- ~90% adaption in the first 15 days, 1,00,000 + videos, 5,000 course completions & >1.5 hours/employee of digital learning (best-in-the-industry)
- Learning Campaigns (e.g. Countdown to New Year, Embrace Equity, etc.)
- Learning paths on IDP Needs, Key Requirements, Sustainability, etc.
- Customised Workshops for functions
Employee Lifecycle & Growth
At Nuvoco, we provide our employees with a robust foundation for career growth and advancement. Our solutions are designed to meet the needs of our employees across the Life Cycle - From Hire to Retire, providing a wide range of opportunities for skill development, continuous learning, and professional development. Through performance evaluations, mentoring, and personalised development plans, we foster a career advancement culture. We have integrated the entire Talent Management process into the HRIS. Structured Talent Assessment is carried out for all employees, succession pipeline identified for key and critical roles. Various development initiatives, apart from traditional training programs are carried out during the year to help employees gain better insights into their strengths and also take responsibility for growth.
a. Assessment and Development Centre: Our development centres for high-performing talents help us to nurture our talent pool through a sound understanding of the individual strengths, providing guidance, and helping them in outlining growth trajectories within the organisation.
b. Inspiring Insights: A unique nine-month mentorship program that helps our young high-potential talent, enabling them to access guidance and interactions with mentors assigned to them on a regular basis. The mentors have undergone special training to effectively guide and nurture our emerging talents. During this period, they work on a specific project in an area of interest outside of their responsibilities and share the findings with our Executive Committee upon the conclusion of the project.
c. Building Ourselves to Lead & Deliver (BOLD):A program established to build a strong pool of leaders within the organisation. The organisation has created selection criteria to identify the recipients of this Program based on several assessments that provide insights into individual career orientation and learning agility. Based on these insights, employees craft action plans for short and long-term career goals with their assigned ‘Career guides’ who are experienced senior leaders that have received career coaching interventions.
