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35 years of excellence
COMPLIANCE
As a leader in the Sports Goods Industry (Apparel/Soccer/Goal Keeper Gloves/Bags), we understand and appreciate the responsibility we carry towards our community and the environment. Being compliant; is an integral part of Silver Star’s culture and this is demonstrated in our commitment to conduct business in a responsible and ethical manner.
Silver Star has a dedicated team of experts in the CSR department who report directly to CEO. This team is responsible for training and advising our management and staff on all matters related to CSR. In addition, they also communicate with customers about labor, environment, health and safety matters at Silver Star. Since this is a continuous process, our team works closely with our buyers, local and international organizations to discuss ways of bringing improvements to our workplace. This commitment to global standards of compliance is duly reflected through our certifications.
SOCIAL COMMITMENT
We prioritize the well-being of our employees, partners, and communities:
- Providing safe and fair working conditions
- Engaging in community development initiatives
- Promoting ethical practices across the supply chain
By integrating sustainability into every aspect of our operations, we ensure that our business grows responsibly, our products are environmentally conscious, and our impact on society is positive.
Silver Star’s management approach is based on two key principles
RESPECT FOR PEOPLE AND CONTINOUS IMPROVEMENT
We firmly believe that profitability and growth should lead to an improvement in the quality and livelihood of our employees, the stronger community and our future generations.
At Silver Star, each and every employee is respected and cared for. The company provides a conducive work environment to its people where they give peak performance and enhance their skills and getting Performance Incentives. It offers market-based compensation and benefits and distributes 10-11% of its profit amongst its employees in the form of bonuses and profit participation. The company spends 10% of its profit to provide all basic facilities to its people including EOBI contributions, Social security Coverage and Group Insurance. Multiple employee welfare schemes including gratuity, health care, Educational Scholarships, Marriage Grants, free pick & drop, subsidized meals etc. are in place.
Silver Star exercises defined Management Policies and SOPs, inline monitoring with the best international practices to run Operational and Support functions. We invest in continuous improvement of the management processes including organizational structures, HR planning and performance management and expend time, effort and money to develop our employees. Performance based career growth opportunities and job rotation options make Silver Star a ROLE MODEL in the town. Senior Management considers employees as its strategic partners and believes that their growth translates into growth of the company.
Modern HR System
Empowering people through fair hiring, skill-based growth, and responsible workplace culture.
Performance Base Management system
We use employee performance sheets to monitor their performance based on assigned targets and timeframes.
360 Feedback
We conduct 360-degree feedback to evaluate employees’ performance and behavior through input from all levels, from top management to staff.
Fair Wages
We provide fair wages to our workers according to their skills and market standards to promote equality and employee satisfaction.
Local Community Employment
Our company supports local community employment by providing job opportunities to nearby residents.
Green Energy
Our company has implemented a solar power system as part of our green energy initiative to conserve electricity and support sustainability.
Training And Development
We have introduced new initiatives to enhance company growth, including activity-based learning, visual management, weekly presentations, internal audits, and an employee performance tracking system.
Appraisal Awards
We evaluate employee performance every four months and reward them with appraisals and awards based on their performance results.
Hierarchy
Our company operates on a defined hierarchical structure, ensuring clarity in departmental responsibilities and reporting lines.
Accommodation
Accommodation We offer safe and well-maintained accommodation to ensure a comfortable living environment for our employees.
Skill Matrix and IQ Test
In our company, we focus on skill matrix evaluation and IQ testing during the hiring process to ensure we select the most capable employees.
Job Rotation
Our company follows a job rotation policy, where employees are reassigned and trained when performance in their current role needs improvement.
WOMEN EMPOWERMENT
Silver Star is committed to promoting gender equality at its workplace, communities and through its supply chains and is making concerted efforts on supporting women. Silver Star truly believes that empowering women through employment and skill enhancement not only helps them achieve financial stability for themselves and their families but also makes them a productive member of the society. To enhance development opportunities for female employees, ‘SEW Project’ has been introduced with the objective
“To benefit Women from low income families from the growing economy while also benefitting SSG by providing skilled manpower through Silver Star Training Programs”
To support women empowerment and to improve gender parity within the organization, Silver Star has taken a strategic decision of employing a minimum of 10% women in executive & non-executive teams, in various grades including managerial roles and working cadres, by 2020.
ENVIRONMENT
Our Heritage is our Asset. We are committed for the reduction of greenhouse gases (GHG), water and waste impacts across our activities to prevent pollution, conserve energy and avoid deterioration of our atmosphere.
We believe that growth that takes account of our environmental impacts is the only way to deliver sustainable returns. We comply with applicable environmental legislation and regulations throughout our business operations.
