How ELGi works out a scientific compensation model for blue-collared workers
ELGi Equipment, a global manufacturer of air compressors has adopted a scientific way of calculating the compensation for its more than 370 blue-collared employees in India. The Company’s compensation framework takes into account the needs and aspirations of blue-collared employees.
Role of Oil-free Air Compressors in Food Safety
With the growing demand for modernization and mechanization in today’s competitive world, the food industry is under severe pressure to increase productivity with the least human touch points. Since the pandemic unleashed its devastating severity on human lives, the food industry also suffered as companies had to remain closed on account of human casualties and on the restriction of human movements, which emphasized the need for automated plants more than ever before.
Elgi Equipments reports 300% rise in quarterly profits
Consolidated revenue for the period stood at Rs 694 crore, increasing 42% from Rs 489 crore in the corresponding quarter last year.
Case Study: How a compensation model ensured zero attrition in this company
The Elgi Blue-Collar Compensation Model is a framework to calculate wages scientifically by taking into account workers’ needs and aspirations. Elgi’s HR team partners with the factory worker representatives to decide on a ‘cost of living basket’ of goods.
Oil Lubricated Screw Air Compressors are ideal for the textile industry
ELGi is a global leader in providing sustainable compressed air solutions. ELGi designs and manufactures an extensive range of innovative and technologically advanced compressed air solutions for a variety of industry applications.
On a mission to encourage women pursue their dreams
Zara Rutherford, a 19-year-old Belgian-British teenager landed in Coimbatore on Thursday as part of her journey, flying solo, across 52 countries to motivate and encourage women to pursue their dreams in STEM (Science, Technology, Engineering and Mathematics).
Building Talented Leaders for the Future
Why it is important for young leaders to understand both old ways and new ways of running a global company.
We Should Think Less Of Technology And More Of Talent
Elgi Equipments Limited is a global air compressor manufacturer with a broad line of innovative and technologically superior compressed air systems.
Mental Health through the Pandemic and Beyond: A Manufacturing View
While the high levels of mental health issues within the manufacturing industry are indeed overwhelming, there is still hope.
ELGi begins a new growth phase
The year 2020 marked Elgi Equipments Ltd’s (ELGi) 60th year of existence. For a Coimbatore-based compressor maker, it was a transformational journey which began way back in 1960 when the late LG Varadarajulu, father of the current managing director, Jairam Varadaraj founded the company as a reciprocating air compressor and garage equipment manufacturing entity.