MANAGING HUMAR RESOURCES ASSIGNMENT

TOPIC: STRATEGIC HR POLICIES

DATE: 28/09/2014
NAME:xxxxxxxxxx
1MBAL
14213xx

STRATEGIC HR POLICIES OF AVIVA:

OVERVIEW

Aviva is UKs largest and the worlds fifth largest insurance Group.

Aviva has a 35 million-customer base worldwide. It has more than 332

billion of assets under management.

In India, Aviva has a joint venture with Dabur, one of India's oldest, and
largest Group of companies

Aviva holds a 26 per cent stake in the joint venture and the Dabur
group holds the balance 74 per cent share.

The establishment of policies can help an organization demonstrate

that it meets requirements for diversity, ethics and training.

PURPOSE OF HR POLICIES:
o To be clear with employees
o

The nature of the organisation

What they should expect from the company

What the company expects of them

o How policies and procedures work at the company

o What is acceptable and unacceptable behaviour

HR POLICIES AT AVIVA:

Attendance policy

Fuel reimbursement policy

Telephone reimbursement policy

Leave policy

Cash handling by sales staff policy

Stationary policy

Travel policy

Transfer policy

ATTENDANCE POLICY
This policy helps to create awareness & communicate the attendance
guidelines to all employees of Aviva Life Insurance.
SALIENT FEATURES
Offline attendance
AR( Attendance Regulation)
LR (Leave Regulation )
Any other AR(Attendence Regularization) OR LR (Leave
Regularization )

FUEL REIMBURSEMENT POLICY:

Employees can claim the fuel expenses incurred during the
tenure of his/her association with Aviva Life Insurance.
Does not cover repairs , maintenance ,toll or parking charges
incurred on he vehicle.
Employee can exhaust their fuel reimbursement limit in
maximum 12 claims.
Any unclaimed/balance amount for the respective financial year will be
paid to the employee in the March salary which will be subject to
income-tax

TELEPHONE REIMBURSEMENT POLICY:

 Through this policy employees can claim the Telephone bill expenses
incurred during the tenure of his / her association with Aviva Life
Insurance.
The reimbursement can be claimed only for the connection either
landline or mobile and the same connection should remain constant at
least for one financial year.
This needs to be registered on the employees name.
One can exhaust the Telephone bill reimbursement limit in maximum
12 claims

LEAVE POLICY
There are different kinds of leave provided in AVIVA:
Privilege Leave
Sick Leave
Casual Leave
Maternity Leave
CASH HANDLING BY SALES STAFF POLICY:

If the forms are incomplete and returned by operations or if the

sales staff could not make it before the cash timings , then he
needs to ensure that the money is returned with proposal form to
concerned Customer/FC/Corporate Agent the same day itself.
Needs to inform that money is not kept with him in the event of
the proposal not being logged in with operations. Violation of the
same will be the sole responsibility of the individual sales staff
and any loss will have to be borne by him.

STATIONARY POLICY:
This policy keep the track of the consolidated periodic stationary
requirement of a department , from both expenses and budget
point of view
Departments would generate their own stationary requisition.
Requisition must be authorized by the Department head.
All requisition forwarded to Administration for consolidation.

Administration will execute the supply within a day or two,

according to Departments requisition.

TRAVEL POLICY:

An employee has to travel for business purpose hence travel

should be consistent with the needs of the business and should
be used to accomplish the business objective in the most
efficient manner.
This policy can be in 2 forms:
1. Local Conveyance
2. Mode & class of travel
Company owned car
Outstation Travel
1. Policy for outstation business travels
2. Expenses that are permitted on outstation travel

TRANSFER POLICY:
To provide guidelines to employees about the rules governing the
transfer of the employees.
TYPES OF TRANSFERS:
o Transfer executed by the company to meet business
requirements of the company as per the terms of the
employment.
o A transfer arising out of the internal recruitment process.
o A transfer requested by the employee on the grounds of his
personal reasons by way of formal application & which is
accepted by the company.