Purpose
To provide opportunities to employees for developing functional / leadership competencies for current and future roles and build specialization in key skills by selecting through evaluation process and sponsoring them for relevant courses such as MS / M.Tech / MBA/ PH.D etc.
Applicability
Executives and Managers.
Other Policies
Got Queries or Feedback?hr.connect@tvsmotor.com
Applicability
For selection for Post-graduation courses (MS / M.Tech / MBA):- The employees are nominated for Career Development workshop (CDW) held once in a year for engineers based on following criteria:
- Graduate Engineers who have completed minimum 2 years of service in the company as on cut-off date
- Diploma Engineers who have completed minimum 2 years of service in the company as on cut-off date and have completed their BS/BE/B.Tech /AMIE / IIIE (from AICTE approved institutions) and submitted their certificate to HRD as on cut-off date
- Age not more than 30 years as on cut-off date
- Cut-off date is 31st March of the respective financial year
- Post CDW the employees are evaluated by a panel and are selected as per criteria in table 1.1
- Based on employees’ career aspirations, evaluation on above criteria, panel recommends for appropriate development action such as sponsorship to inland / overseas education, on the job exposure, projects, job rotations and short-term courses
- Employees who are selected for continual education may have to qualify for eligibility of respective courses such as approved qualification, interview, entrance test if any, IELTS, VISA etc
- Employees, who are finally selected for the course, furnish the bond agreement for a value of course expenses and salary paid during course duration for a period of 3 years for inland, 5 years for overseas.
- Any expense incurred for fulfilling the requirement of course such as VISA, IELTS, application fee, travel etc will be reimbursed by the company
- During the course, entire course fee, hostel and mess expenses, project related travel, are sponsored by the company along with Salary. Any additional expenses other than aforementioned will be borne by the employee
- Annual compensation review will be extended equivalent to default rating (Met Expectations), during the course and promotion / upgradation would be as per the existing promotion guidelines
- Post completion of the course, employees submits the course completion certification along with marksheets to HR for up dation of their record. If employee is less than PGE / MBA campus equivalent, he will be placed as per existing campus policy
- Post return, employees are placed to a higher role than previous for effectively utilizing the acquired knowledge during higher studies, provided vacancy is available
Sl.No. | Criteria | Weightage(%) |
---|---|---|
2 | Potential rating | 20 |
3 | Performance rating | 20 |
4 | HOD panel rating | 20 |
5 | Learning orientation | 20 |
Total | 100 |

For selection for doctoral / post doctoral course
- Some Employees who wish to pursue their doctoral / post-doctoral courses need to submit the statement of purpose and how course will help in specialization in particular area. iIt will be evaluated by panel for consideration of sponsorship and it would be individual employee responsibility to get admission in recognized institutes.
For selection for graduation engineering course
- Every year Diploma engineers are selected for sponsorship to B.Tech Lateral entry. The selection guidelines will be published by HRD on a yearly basis.