ntpc reward system
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7/31/2019 NTPC Reward System
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NTPC Reward System
Corporate HRD
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7/31/2019 NTPC Reward System
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Background.
Findings of BODH Survey
SMILE committee recommendations
Benchmarking Study Report
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Schemesi. Appreciation letterii. STAR of the Month
iii. Employee of the Year
iv. Vidhyut Awardsv. Power EXCEL Awards
vi. PEARL Awards
vii. ACE Awards
viii. Mentors Samman
ix. Manveeyata Puraskar
x. Welcome Parties
xi. Farewell Parties
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Appreciation letter
Objective
To place on record good work done by an employee/group ofemployees for recognition and motivation.
ApplicabilityAll employees up to the level of E7
Reward
Appreciation letter to the individuals/group of individualsshall highlight the specific contribution/instance.
Periodicity
As frequently as possible. There is no limit on number oftimes an employee could be appreciated for good work.
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Star of the Month
ObjectiveTo recognize consistent good work done by the employee(s).
Applicability / Eligibility
All non-executives
CriteriaNon-Executive, who has shown consistent punctuality,discipline, customer orientation, participation in TQMinitiatives, team playing etc.
Reward A small pin-up badge stating STAR of the monthby HOD in
presence of team members.
Name of the employees with the photo should be put on noticeboards.
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Employee of the Year
Objective
To recognize and reward exemplary performance for creating
role models and a performance culture.
Eligibility
Non-Executives, who have got a minimum of twoSTAR of the
month awards and fourAppreciation Letters in a year
Criteria
Non-Executives, who exhibit outstanding all round contribution
through regular & active participation in various TQM initiatives,
extra curricular activities, demonstrate additional skills etc. as
per the given parameters
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Employee of the Year
Rewards
Two levels of awards at each location i.e. unit / region / CC
Unit level: Rs. 2,000/- eachDepartment level: Rs.1000/- each
(a) Unit level Position no. 1 and 2 based on selection of all
nominated employees from each department, for Employee of the
Year reward.
(b) Departmental:All those who were nominated for the unit level
employee of the year award but did not qualify for the same, would
be considered based on their position for Department Employee of
the Year reward. There would be only one award in this category
for each department.
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Vidhyut award
ObjectiveTo recognize & reward meritorious Non executive employees
from amongst the entries of Shram Awards to Government ofIndia
Applicability / EligibilityThe entries for Shram awards submitted to Govt. of India,
but were not awarded.
CriteriaSuch of those entries, which did not get Shram Award, wouldbe considered for this award.
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Reward
- Letter of appreciation under the signature of Director (HR)
- Cash Rewards
RankNo. of
awards
Reward
Amount (Rs.)Name
1st 1 15,000 Vidyut Jyoti
2nd 2 10,000 Vidyut Punj
3rd 5 7,500 Vidyut Kiran
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Power Excel Award(Power Executives Excellence Awards)
Objective
To recognize excellence in discharging official duties &demonstration of NTPC core values.
Applicability/Eligibility
All executives upto E6, excluding HODs
CriteriaInnovations and improvements in his area of work.
Contribution towards group efforts
Demonstrates Core Values at work and during interactions
Should have received at least one 'Appreciation Letter' or Manveeyata
Purskar Reward
- These awards shall be given under the name POWER EXCEL awards(Power Executives Excellence Awards)
Training in India ( upto 7 days as per choice of the executive.)
Letter of appreciation under the signature of BUH/GM (Proforma E-1) A cash Reward of Rs.5,000/- each
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PEARL Awards
(Performance Excellence Awards for Regional Leadership)
Objective
To recognize excellence in leadership & demonstration ofNTPC core values
Applicability /Eligibility
All HODs and E7 at units & Regional Hqrs and E7 & E7A atCC.
CriteriaExhibition of Leadership qualities
Achieving Excellence in his area of responsibilityDemonstration of Core values
Implementation of Strategic initiatives in HR, TQM, Costcontrol measures,
Corporate Social responsibility etc.
Encouraging Creativity, innovation
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Reward
- The awards shall be given under the name PEARL (Performance
Excellence Awards for Regional Leadership)
- Upto 10- days training of his choice in India & a cash reward of
Rs.10,000/-
- Appreciation Letter under the signature of Concerned ED - Copy
to be place in personal file/ PAR file.
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ACE Awards
(Awards for Corporate Excellence)
Objective
To recognize excellence in leadership & demonstration of NTPCCore Values
Applicability/Eligibility
All Heads of Project/Stations
GMs in Regions and Corporate Centre
Criteria
Strategic leadership
Innovation, creativity and Knowledge Management
Core Value And CSR
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Ace Awards
Reward
- These awards shall be given under the name ACE Awards (Awards
for Corporate Excellence)
01 form Corporate Centre
02 from all Regions/Units/Proj./Stations
- up to 07 days of Training Abroad and a cash reward of Rs.15,000/-
- -Letter of Appreciation to be presented in ECM by CMD/Special
functions In Delhi (Proforma G-1)
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Mentors Samman
ObjectiveTo recognize the active services of mentors in socio culturalintegration of mentees with the companys environment.
Applicability
All mentors who have been attached with current batch of ETsfor mentoring.
Reward- A letter of appreciation as per Proforma H
- A token gift/memento of Rs.1,000/- each
- To be awarded on 5th Sept.
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Manveeyata PuraskarObjective
To recognize good values exhibited by employees in official & social life. Thisshall include Human Values, Core Values (COMIT) of the Company forcreating role models in the company.
Applicability / EligibilityAll employees upto E7 are eligible for this award.
Criteria
Should have exhibited an exemplary Value
Reward
Appreciation Letter
A Gift of upto Rs. 1,000/- ( based on the merit of the case)
No. of cases is left to the discretion of BUH/GM/ED at all locations
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Welcoming
Objective
To welcome new joinees/transfer-ins for their socialization .
Applicability / Eligibility
All Employees
Periodicity
Within one week of the joining of an employee
Procedure
Welcome letter
Get-together for the new joinees / Transferees
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Bidding Farewell
Objective
To bid farewell to an employee on his/her Superannuation
Applicability / Eligibility - All Employees
Periodicity - On the day of Superannuation
Reward Procedure
- Letter from BUH/ED highlighting his/her association withOrganisation
- A token gift of Rs.5,000/-
- Get-together with employees of the concerned
department, all HODs and BUH
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