NETSOL Technologies LTD

NETSOL Technologies Ltd
Prepared & presented by:

INTRODUCTION:
• Founded in 1995, NetSol Technologies Ltd. is a global provider of
software solutions and IT services, ranging from consulting and
application development to systems integration and outsourcing.
• Headquartered in Calabasas, California, NetSol employs over 1500
employees globally, with locations in the U.S., Europe, China,
Pakistan and Thailand.
HR STRATEGY:
• To look out for the well being of all the employees.
• Provide leadership and direction to employees.
• Career Development and Planning.
• Effective and Relative on the job Trainings.
• To keep the best talent in pool by maximizing the retention.
TALENT MANAGEMENT PROCESS
Maximum Better Professional Appraisals and
Effective & Retention of the high Development Rewards Relevant
Relevant Hiring performers Decisions Hiring
01 03 05 07
02 04 06
Employees allocation By providing Training &
on jobs according to the best Development
their best skills work environment Opportunities
RECRUITMENT PROCESS
Recruitment by Screening and

posting the jobs via shortlisting is the
multiple channels next step to filter-
out the best Interviews and Test Job offers to the Onboarding and
e.g. online job are also being candidates with Orientation of New
portals, websites, candidates by
looking at their conducted different terms & Employees
social media and conditions
referrals education &
experience etc.
TRAINING AND DEVELOPMENT STRATEGY
In-house Trainings
01
04 External Trainings
Client-Site visits
Domain Transfer Sessions 02
03
PERFORMANCE MANAGEMENT TOOLS
Key Performance Indicators (KPIs)
Performance Appraisals
360 Feedback
Management by Objectives
Rewards & Recognition

YEARLY PERFORMANCE APPRAISAL PROCESS
performance
appraisal process
performance appraisal process at the
end of each year. In some cases six
monthly evaluations are also practice
Submit evalution
forms
All employees must submit their self
evaluation forms at a given date.
Get all the

evalutions
HR department is responsible to get all
the evaluations signed-off from the
employees before taking the next step.
Employees to bee
promoted
A segregation list is also to be maintained
for employees to be promoted through
promotion board
Evaluation methods:
▪ 90 Degree (by Seniors)
▪ 180 Degree (by Seniors and Peers)
▪ 360 Degree (by Seniors, Peers and Juniors. In some

cases from the customers)
DEVELOPMENT ACTIVITIES
01 Education Improvement Programs
02 On The Job Training Programs
03 Employee Feedback
04 General Meetings and Mentoring
05 Job Shadowing and Rotations
06 Offshore Clients Visits & Conferences

PAY AND INCENTIVE STRUCTURE (Cont…)
Salary Increment:
Netsol is not increasing the salaries of the employees automatically as being
widely practiced in the industry but are linked to the annual performance
appraisals.
Leaves Policy:
Medical Coverage (In and Out Patient):
All the permanent employees are entitled to avail the medical expenses
reimbursement as per below given Limits:
In Patient: Fixed Amount for all Levels
Out Patient: @ 5% for all levels
Performance Excellence Award:

The purpose of Performance Excellence Award is to recognize and reward
outstanding contribution/ performance of employees during the course of normal
duties for the progress of the company.
Grand Annual Award:

An employee who has received most Performance Excellence Awards in a
calendar year will be given an award of rupees 25,000 at the annual dinner. In
case of a tie, the award will be split amongst the highest number of award
holders.
Provident Fund and Old Age Benefits Program:
The Company contributes 10% of basic salary and the employee contributes 10 %
of his salary towards the fund. All other terms and conditions are outlined in
provident fund agreement.
Work Place Health Safety:

Netsol is committed in providing and maintaining a healthy and safe working
environment for all employees. It is the responsibility of Health and Safety
committee and Administration department to inform all employees about the
location, of first aid supplies. It is also the responsibility of administration
department to post the location, name and phone number of nearest
hospital/doctor.
Suggestion Box:
Management has facilitated the employees to become part of policy making by
suggesting any positive move in the best interest of Company or its employees.
PAY AND INCENTIVE STRUCTURE (CONT…)
Gazetted Holidays:
Employees are eligible to take all gazetted holiday off declared by the government.
Entertainment:
Company is providing all possible healthy entertainments to its employees openly.
Promotion:
Following factors are give due consideration during promotion evaluation:
• Employee performance ratings.
• Qualification and experience.
• Career Growth Path Criteria.
• Length of service within the Designation (Tenure).
Promotions can only take place on the recommendation of Head of Department.
IS THE PAYROLL DEPARTMENT IN HOUSE
OR OUTSOURCED?
NETSOL has their inhouse payroll department.

NETSOL Technologies LTD

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NETSOL Technologies LTD

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NETSOL Technologies Ltd

Prepared & presented by:

Recruitment by Screening and

Rewards & Recognition

Get all the

▪ 180 Degree (by Seniors and Peers)

▪ 360 Degree (by Seniors, Peers and Juniors. In some

01 Education Improvement Programs

02 On The Job Training Programs

04 General Meetings and Mentoring

05 Job Shadowing and Rotations

06 Offshore Clients Visits & Conferences

Performance Excellence Award:

Grand Annual Award:

Work Place Health Safety:

NETSOL has their inhouse payroll department.

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