Lloyds Metals: Building a People-First Culture for the Future of Iron and Steel
As a brand in the mining and manufacturing sector, the company aims to shape the future of Steel and to be considered anemployer of choice.
A core principle of this employee centric culture is that freedom and trust can foster accountability.
'We operate with a flat structure that encourages employees across every level to take initiative, solve problems, and lead,' says the company'sGroup CHRO Mr. Venkatesan R, in a recent conversation.
'Titles don't define leadership here, mindset does.'
This culture, which values performance, is supported by an ESOP programme, available to all employees, including both white collar staff and shop-floor workers. 'We believe ownership can be shared, particularly with those who have been instrumental in our core operations,' the CHRO explains. 'I think it's more than motivation. It's about fairness and inclusion.' To date, over 2700 employees have benefited from the ESOP scheme. This includes over 1700 executives and over 1000 shop-floor workers. The ESOPs are offered at an exercise price of only Rs. 4/- per share, providing benefits to the employees. Since the inception of the ESOP scheme, the company has granted a total number of over 1.43 crore shares to its employees.
Career growth at Lloyds Metals focuses on developing potential. Young talent can advance by demonstrating initiative and capability. With investment in learning, employees benefit from hands-on upskilling, technical training, leadership development and executive coaching. Growth at Lloyds Metals is not just seen as a business goal but also as a commitment to the talented and values-driven employees. Lloyds Metals
What also distinguishes Lloyds Metals is its understanding and commitment to community.
With a local-first hiring policy and an emphasis on women empowerment in non-traditional roles such as operating HEMM(Heavy Earth Moving Machinery); the company is working to reshape the talent landscape in its operational areas.
These efforts can strengthen local economies and expand the talent pool across regions often overlooked in the job market.
HR functions as a strategic growth partner here. 'If you want to be part of something larger than a job - if you want to create real impact, have ownership, and a growth mindset with right values, Lloyds Metals can be your platform,' says the CHRO. Employees also benefit from direct access to leadership (including the company's promoters).
For those considering a career in Indian mining and manufacturing, Lloyds Metals offers more than a job. It aims to offer a voice, a stake, and participation in India's industrial development.
Note to the Reader: This article is part of Hindustan Times' promotional consumer connect initiative and is independently created by the brand. Hindustan Times assumes no editorial responsibility for the content.
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