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HUMAN CAPITAL

KBL fosters a fair, inclusive and performance driven and collaborative work culture. Human Capital is one of our key assets which drives the company forward through competencies, expertise and continuously upgrading capabilities. We are creating a pipeline of high-calibre talent that is future-ready, offers diverse opportunities for growth and leadership and takes forward the KBL value system.

Strategies Impacted

S2 S3 S5 S6

SDGs Impacted

Material Issues Impacted

  • Health and safety
  • Diversity, Equity & Inclusion
  • Talent attraction and retention
  • Business ethics and values
  • Economic performance
  • Human capital development
  • Human rights labour conditions

KEY HIGHLIGHTS

2,783

Total Employees

7.3%

Women workforce

30%

Women representation on Board (3 Nos.)

86%

Retention Rate

360°

Feedback tool for leadership development

35

Team Building Outbound Activities conducted for collaboration and teamwork

10%

Women representation in Leadership / Senior Management Roles

2.7

Average man-days of training per year


71%

Employee Engagement Score (High Performance Range – Industry)

3.93

Engagement Index (on scale of 1-to-5)

8.28 : 1

Best-in-Class Positivity Index (Ideal Index is 5 : 1)

97%

Participation of employees in the engagement survey

High Score

(Range of 80 and above)

Engagement Drivers

3Ps of Promoter, Perseverance and Passionate

HR Engagement Drivers

Performance Management, Learning & Development, and Brand Values

Leadership Drivers

Strong Purpose, Business Direction, Confidence in Business, Customer-Centricity and Communication

Well-Being Drivers

Best Friend and low possibility of anxiety and depression

Manager Engagement Drivers

Caring, Performance and Development Oriented, Sense of Belonging

INITIATIVES UNDERTAKEN IN FY 2023-24

Skill development programmes

  • Root Cause Analysis
  • TPM Change Control
  • Excellence through Quality Prism

Performance and Career Development Reviews of Employees (%)

  • FY 2023-24 Employees 100
    Workers 100
  • FY 2022-23Employees 94
    Workers 100

We continually invest in human capital development which includes skill enhancement that is contemporary while providing employees with a diverse and enriching experience for mutual growth. This enhances the employability of workforce and enables a smooth transition for exploring alternate employment opportunities.

Fostering Employee Well-being

KirloFit and KirloMind Clubs

Nurturing a culture of engagement is our top priority. We have cultivated vibrant communities through clubs like KirloFit and KirloMind, fostering wellness and creativity within our KirloSphere.

Parivar Sukarsha Yojana

A pioneering approach to group term life insurance, wherein the standard income benefit is extended to the family of the deceased employee for a period of five years.

Group Personal Accident Plan

A 24/7 global platform for any accidents or deaths

KBL Benevolent Fund

This fund is maintained through employees’ contribution to extend financial help to the family in case of his/her death in service

Investing in the Right Talent

Leadership Competency Framework

We consider this as a roadmap for identifying and cultivating leadership talent at all levels, aligning individual capabilities with organisational goals and values.

We aim to implement leadership competency framework not only for a structured approach to defining, assessing, and developing the skills, but also to build behaviours required for effective leadership within an organisation.

Technical Competency Framework

By using this framework, we tend to outline the essential competencies and proficiency levels needed for individuals to perform effectively in their roles. Typically, a technical competency framework includes a set of core competencies, specialised skills, and behavioural indicators aligned with the goals and requirements of the organisation or the industry.

We plan to implement framework for a structured approach to defining, assessing, and developing the skills and knowledge required for success within a specific technical domain or industry.

Capability Building

This is a training program organised for young engineers on “Design Thinking” and “Systematic Way of Problem Solving”. These initiative will help in building engineer’s capabilities with respect to innovation, out-of-thebox thinking and problem-solving. This shall ultimately help them in better understanding of customer needs and designing innovative products that are environment-friendly, energy-efficient and safe to operate.

Cross-functional teams are trained on above skill work on different projects to solve customer needs and develop processes. We have also collaborated with the Indo German Chamber of Commerce for skill development of employees working on Computerised Numerical Controlled (CNC) machines.

We conducted an Assessment & Development Session for our Leadership team, which helped them in leveraging their key strengths and for working around the areas of improvement.

Revisiting People Policies

At KBL, we revisited our wellbeing policies to ensure that organisational policies remain effective instruments for achieving strategic objectives, promoting ethical conduct, and sustaining organisational success.

Performance Management System

  • 360-degree Feedback

This is aimed to foster open communication and build trust within the teams. By understanding how colleagues perceive each other’s strengths and weaknesses, the teams can address interpersonal challenges, improve collaboration, and build a more cohesive working environment.

  • 30-60-90-120 Feedback

We conduct 30-60-90-120 day reviews to help employees in understanding the culture, business practices, team structures, shortterm and long-term organisational goals, and expectations from them as per their job roles.

PROMOTING DIVERSITY AND INCLUSION

At KBL, diversity isn’t just a buzzword, but one of our core values. We believe in the power of different perspectives, backgrounds and experiences coming together to drive innovation and success. Hence, we are dedicated to ensure that our workforce reflects the rich tapestry of the society. With a target of achieving 30% female workforce, we are actively working to break down barriers and create opportunities for women in our organisation, and also to ensure there is no discrimination in the hiring process.

GENDER EQUALITY AND WOMEN EMPOWERMENT

To continue our focus on women empowerment, we employed 15 young female MBA Graduates from North-East to leverage the region’s socio-economic model. These women are from Assam, Arunachal Pradesh, Agartala, Manipur, Meghalaya, Mizoram, Nagaland and Siliguri (West Bengal) and have been deployed in front-end sales at different locations.

EMPLOYEE DISTRIBUTION AGE-WISE

A testimony to the importance bestowed on Gender Equality and Women Empowerment:

  • All-Women operated Manufacturing Facility at Kaniyur
  • 35% women workforce in Sanand facility
  • The “All-Women” associates hold an astonishing record of assembling a pump in a record time of 17.25 seconds – a feat acknowledged by the Limca Book of Records.

All-Women operated Manufacturing Facility at Kaniyur

The state-of-the-art manufacturing facility at Kaniyur for small pump operations is special for a significant reason. It is the world’s first and only pump manufacturing plant to deploy 100% women workforce in its manufacturing set-up. The unit provides all the required facilities to women associates, including transport, good working conditions and social security measures.

EMPLOYEE ENGAGEMENT

At KBL, we have cultivated vibrant communities to foster wellness and creativity within KirloSphere by setting up clubs like KirloFit and KirloMind.

71%

Employee Engagement Score

In our ongoing commitment towards cultivating a culture of collaboration and empowerment, we have implemented a strategic initiative aimed at enhancing employee engagement across all our company locations. Recognising the invaluable contributions of our team members, we have instituted action planning sessions followed by comprehensive reviews to address and resolve issues effectively.

We understand that a happy and healthy workforce is the cornerstone of our success, hence we aim to create meaningful experiences and building a workplace where everyone thrives. Our revamped induction process ensures that new hires embark on their journey with us feeling energised and supported. Additionally, we believe in celebrating diversity and fostering community spirit through events like Diwali and Dandiya. Alongside, we also promote fitness classes, yoga, and sports such as cricket, badminton, indoor games, various outdoor games, and also regular health check-ups.

We revisited various people policies as a part of our action planning, with changes in Higher Education Policy, Health Club Reimbursement, Travel Policy, Local Travel Policy, and Change in Working Hours at Head Office, and the Advanced Salary Disbursement Date. We also implemented the National Pension Scheme for our midlevel and junior-level employees.

Employee Engagement Activities

Badminton Tournament

Yamuna Premier League (YPL) and Kirloskar Premier League (KPL): A Grand Slam of Cricketing Excellence!

The Yamuna and Kirloskar Premier League was a thrilling cricket tournament that united the employees in a celebration of sportsmanship, talent, and teamwork. Organised under the KirloFit Club, the league aimed at fostering a sense of community and camaraderie among the staff members through their beloved game of cricket.

The Yamuna Premier League and Kirloskar Premier League were both a resounding success, embodying the values of teamwork, sportsmanship, and healthy competition. We look forward to future collaborations and initiatives that will continue to promote unity and well-being among the employees through the universal language of cricket.

KirloFit Badminton Tournament: A Smash Hit Event!

The KirloFit Badminton Tournament held at our organisation was a thrilling event that brought together employees in a spirit of competition, camaraderie, and fitness. Organised under the banner of KirloFit, our workplace wellness initiative, the tournament aims at promoting physical activity and teamwork among the staff members.

Navratri Celebration: A Vibrant Dandiya Night Extravaganza!

The Navratri Celebration - Dandiya Night organised by us was a lively and colourful event that brought together employees to celebrate the joyous festival of Navratri. Organised with enthusiasm and cultural flair, the Dandiya Night aimed to honour tradition, foster community spirit, and spread festive cheer among staff members.

Family Day

The Family Day event was a heartwarming celebration that brought together the employees and their loved ones for a day of laughter and shared experiences. Organised with the aim of strengthening familial bonds, the event provided a platform for employees to showcase their workplace to their families and create lasting memories.

The event turned out to be a wonderful opportunity reinforcing the importance of family, community, and work-life balance within the organisation.

We look forward to more of such future opportunities to come together, create cherished memories, and strengthen the bonds that make our workplace feel like one big family.

Special Day Celebrations

Independence Day Celebration

The Independence Day celebration was a patriotic and educational event that brought employees together to commemorate the spirit of freedom and independence. Through a themed quiz, the participants received an opportunity to test their knowledge of historical events, national symbols, and cultural significance associated with the special day.

Empowering Women’s Day celebration

A Day of Engagement, Empowerment, and Celebration! The Women’s Day celebration was a momentous occasion dedicated to honouring and empowering the women within our workforce. From engaging activities to team building exercises, the event provided a platform for female employees to connect, collaborate, and celebrate their achievements in a supportive and uplifting environment.

The Women’s Day celebration was a resounding success, embodying the spirit of empowerment, camaraderie, and celebration. As we commemorate this special day, we reaffirm our commitment to supporting and uplifting women in the workplace and beyond, and look forward to future opportunities for growth, collaboration, and empowerment.

Long Service Awards

To appreciate the employees’ engagement and contribution, long service awards were distributed to 100+ employees. Many of our employees have worked with the Company for nearly four generations. These awards were distributed to employees who have served the Company for 15+ years.

EMPLOYEE WELL-BEING

Every year medical check-up is organised for all employees. Health talks are arranged for increasing awareness amongst people about good health, nutrition and exercise They are also briefed on taking care of existing diseases like blood pressure, heart diseases, cancer, and diabetes, among others.

We extend life insurance coverage for all our employees and permanent workers. In addition to this, Parivar Suraksha Yojana and Benevolent Fund Scheme are also available for our employees and permanent workers.

In addition,we also provide pension benefits and post-retirement medical benefits for qualified staff. Workers are provided with pension benefits as covered under the relevant statute.

SUPPORT PROVIDED TO DIFFERENTLY ABLED EMPLOYEES:

As per the Rights of Persons with Disabilities Act, 2016, our organisation is accessible for differently-abled employees and workers, and similar provisions are set across our global footprint. We have a policy stating provision of fair employment and equal opportunities for all our employees and workers without discrimination on any grounds of race, caste, creed, religion, colour, ancestry, marital status, gender, sexual orientation, age, nationality, ethnic origin, disability, or any other category protected by applicable law.

We understand that differently-abled employees need special arrangements in the environment for mobility and independent functioning. At every premise and office, we have provided facilities at entry and exit points, washrooms, workstations, canteen and special vehicle parking spaces near entry gate. They are given suitable job profile based on their capacity for doing work.

AWARDS & ACCOLADES

Mr. Mahadev Khot from the Kirloskarvadi plant was awarded with the “Gunwant Kamgar Puraskar”, declared by the Labour Department, Government of Maharashtra. In the last few years, more than 10 of our employees have received this prestigious award.

Kirloskarvadi plant received a prestigious “Narayan Meghaji Lokhande Award for Industrial Safety and Health” in a state level competition organised by Directorate of Industrial Safety and Health. Award was given by hands of Shri Suresh Khade, Minister of Labour, Government of Maharashtra.

GRIEVANCE REDRESSAL

Internal mechanisms to redress grievances on human rights:

  • We have a robust grievance mechanism that helps us to have a stronger and stable workforce. It helps to resolve all concerns and facilitate in communicating people suggestions to the management through different channels
  • Speak out session are organised giving opportunity to our employees to raise their grievances
  • Our Whistle Blower Policy help employees to report to the management, instances of any unethical behaviour, actual or suspected fraud or violation of the company’s code of conduct
  • Buddy system helps new employees to learn their jobs and roles in a better way and to make them understand various processes and systems of the organisation
  • Different committees are formed like safety, canteen, IR, PF, and joint council committee to resolve grievances and also to improve the process

Plants and offices assessed for

100%

Health and safety practices

100%

Working conditions

OCCUPATIONAL HEALTH & SAFETY

Safety is our top priority, and we conduct several programmes to increase safety awareness amongst our employees. We focus on working along 360 degrees, i.e., from prevention to mitigation.

Manufacturing Plants

Our manufacturing plants are ISO 45001:2018 certified (Occupational Health and Safety Management System Standard). Our continuous efforts focus on ensuring a safe working environment for all employees and workers and this is achieved through regular audits aimed at identifying and monitoring health & safety-related incidents. We conduct fire drills and mock drills to assess the effectiveness of emergency plan. Employees and workers are sensitised about the precautionary measures on a regular basis through safety trainings.

Work-related hazards

We have adopted a systematic Hazard Identification and Risk Assessment (HIRA) approach to regularly identify work-related hazards. Trained professionals conduct regular audits for identifying the potential workrelated hazards across operating locations. We identify and implement safety controls for the safe execution of business operations. Employees and workers are encouraged to report the near miss cases through safety committees and other channels.

Handling work-related hazards

As a part of ISO 45001:2018 Management System, we have established procedures and programmes to report the work-related hazards and to safegurad our employees from risks. We have also implemented ‘Safety Yellow Tag System’ by which worker can raise the issue using yellow tags available in the shop floor. There is a Safety committee as well through which workmen can report hazards to the management. All workmen are instructed to not to take any risk and are authorised to stop the work if there is any immediate risk to health and safety.

Facilitating non-occupational health services

Yes, we facilitate the accessibility of non-occupational health services to our workers through medical camps, vaccination drives and medical health check-ups. Our employees can avail financial assistance through medical claims. We also have voluntary health promotion services like health awareness webinars on ‘Child Health Programs’, ‘Healthy Heart Program’. We also have an Occupational Health Centre at our manufacturing plants, where nurses with qualified doctor are available where workmen can avail non-occupational medical service.

Safety Trainings

Safety trainings are organised on different topics to all the staff for improving safety practices across KBL operations. The key topics covered in these trainings are – Fire Safety, Material Handling Safety, Hazard Identification and Risk Assessment, Working at Height, Permit System, Crane Safety, and legal requirements on EHS and safety passport system, among others.

Key Safety Programmes

  • Mock drill
  • Street plays on driving safely
  • Street plays on use of single-use plastic
  • Development of Safety Training Centre
  • LPG safety training for female employees and employee families
  • 2-wheeler Safe Driving Competition
  • Safety Speech Competition
  • Special drives to improve safety
    • Flammable material handling safety
    • Grinding safety assessment at shopfloor
    • Safety awareness campaigns

Safety Initiatives

  • September 2023 was observed as the Safety Kaizen month to review risks in existing work practices and improve plant safety
  • Organised Safety Improvements with protection guard
  • Implemented Lockout & Tagout (LOTO) in all machine shops
  • Installed Water Sprinklers on LPG gas bank to avoid fire in case of gas leak
  • Organised Safety Programmes for schools – Navchetna Shibir was a special meditation programme for helping students enhance concentration during studies
  • Organised a drawing competition on safety for school children at Kirloskarvadi

Human Capital Snapshot

KBL standalone

Human Capital Initiatives (Subsidiary-wise)

THE KOLHAPUR STEEL LIMITED (TKSL)

Initiatives on Human Capital development

  • Career progression scheme for workmen
  • Competition on Energy Conservation and Energy Quiz
  • Sports Day for employee engagement
  • Job rotation of employees for ensuring right person at right place

Initiatives on OH&S

  • Internal/External audits
  • Safety stewards from all departments
  • Passport training to all employees

Employee break-up across matrices

KIRLOSKAR EBARA PUMPS LIMITED (KEPL)

Initiatives on Human Capital development

  • Achieved 4.03 training man days as a result of inhouse technical and behavioural training, in line with technical competency gap and behavioural competency framework. Overall recruitment lead time achieved is 60 days, including leadership and critical position hiring
  • 360-degree assessment conducted to design the development action plan for leadership cadre
  • Internal policies and processes established to ensure equity, inclusion and diversity in all cadres throughout the organisation

Major Highlights

  • Behavioural competency framework revamped as per business requirement and briefed to employees through sessions conducted by Functional Heads, which understand the role requirement and expectations
  • Quality certification trainings done by quality team as per the business requirement
  • Well-being trainings like cancer awareness session, cardiac arrest reasons and precautions are organised for the well-being of employees

Employee engagement Initiatives

Employee engagement activities are planned and executed with the overall objective of having cross-functional collaboration through daily, monthly and yearly initiatives like employee birthday celebration, monthly inter-departmental collaboration activities and festive celebration, such as Diwali and Dussehra.

OH&S Initiatives

  • Celebrated National Safety Week and Environment Day with multiple activities and competitions for creating awareness
  • Implemented LOTO (Lock Out Tag Out) system
  • Provision of Scissor Lifter for performing work at a height of up to 12 metres
  • Provided non-sparking tools at LPG gas station areas for prevention of fire hazards
  • Colour codes procedure implemented for lifting tools and tackles
  • Initiated training on forklift operation and material handling, conducted by external faculty

Awards & Accolades

  • Best Performer MD Award and Exemplary Awards given to 21 employees
  • Distributed On the Spot award for immediate appreciation

Employee break-up across matrices

KARAD PROJECTS AND MOTORS LIMITED (KPML)

Initiatives on Human Capital development

  • Salary is disbursed on 1st of each month, instead of 7th 24 Contract workmen absorbed on KPML roll
  • Competency mapping achieved for manufacturing and assembly sections
  • Implementation of third-party salary processing as per KBL practices

Major Highlights

  • Cricket tournaments organised among Staff and Workmen
  • Various employee well-being activities initiated
  • Recreation activities like Table Tennis, Carrom, Holley Ball and Cricket initiated for employee engagement

OH&S Initiatives

  • Provided biometric thumb identification to all stackers so that only authorised operators can use them and safety protocol is strengthened
  • Interlocked machine to automatically stop moving parts when door is opened in working rhythm
  • Installed an ‘LED Digital Display Board’ at our sites
  • Emergency equipment such as Self-Containing Breathing Apparatus, Mobile Foam Trolley, Portable Fire Ball, Eye Wash System, Sprinkler System, and Blind Spot Safety Mirror installed as part of commitment to safety

Awards & Accolades

  • Under the 47th CII National Kaizen Competition held in November 2023, a “Platinum” Award was received from CII under “Innovative Category”

Employee break-up across matrices

KIRLOSKAR CORROCOAT PRIVATE LIMITED (KCPL)

Major Trainings

  • NACE Certification
  • Product trainings
  • LAKAKI Business Excellence model
  • EHS trainings

Employee break-up across matrices