MAHINDRA & MAHINDRA LTD. | Integrated Annual Report 2023-24

MAHINDRA & MAHINDRA LTD. Integrated Annual Report 2023-24 166 The Women Mentoring program for the managerial band provides career guidance and coaching opportunity to women from senior leaders, enabling women to excel in their career paths. Similarly, Generation Valuable, a unique mentorship program under Valuable 500, offers people with disabilities to build future executive leadership and drives disability inclusion through systematic change. MAHINDRA SKILL EXCELLENCE The Mahindra Skill Excellence is an internal platform that aims at holistic skill enhancement program for the shop floor associates. Over the years, it has matured and in the current year, 3,032 associates have participated from across all its manufacturing units. PREVENTION OF SEXUAL HARASSMENT AT WORKPLACE (POSH) Awareness in this area has been created by a POSH campaign reiterating Mahindra's commitment to providing a safe workplace for all its employees. During the year, the Company organized sensitization and awareness programs through inductions training for new joinees, sending emailers, creating standees and posters to sensitize all employees to conduct themselves in a professional manner. IC members were trained on Capability and Skill Building. POSH Policy is translated in 8 vernacular languages. TRANSFORMATIONAL WORK CULTURE The Transformational Work Culture initiative aims to create an engaged workforce with an innovative, productive and a competitive shop-floor ecosystem. Some of the initiatives towards the same include creating a culture of self-managed teams; 'Nayi soch - Naya dristikon' - a mindset transformation program for cell members and union leaders; i4-idea generation program, Rise award for associates and Employee of the Year program for associates. All employees also undergo trainings on Code of Conduct, POSH, ABAC and Human Rights to ensure appropriate behaviour and governance. The organization has also invested in capability-building programs which include both behavioral and functional programs to ensure that the workforce is equipped with future-ready skills and skills to advance in their careers such as trainings on behaviour-based safety, quality tools, TPM, personal presence and programs on current and future skills such as Robotics, Mechatronics, Auto Electric Diagnostics, Electric Vehicle Technology, etc. The industrial relations scenario continued to be largely positive across all the manufacturing locations. Long-term wage and bonus settlements were closed amicably for all the plants. The sustained efforts towards building a transformational work culture resulted in zero production loss in FY 2023-24. Industrial relations At Mahindra, we prioritise employee safety by implementing the highest safety standards and upgrading our rigorous procedures in line with technological advancements and best practices. Health and Safety Ÿ 'Employee Health Index' is maintained at an individual level, and this has been a useful tool in identifying employees who require focused counselling and monitoring. Ÿ The 'Wellness App' is available to employees for quick access to critical health-related information. Ÿ Various awareness sessions on driving employees towards a healthy and better lifestyle, Mental and Emotional Wellbeing, Nutrition, Mindfulness, etc. were touched upon by experts during the exclusive sessions for employees and their family members. The Company had a total of 24,405 Permanent employees on its rolls as on st 31 March, 2024.

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