hr initiatives at ntpc

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HR Initiatives at

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Page 1: HR Initiatives at NTPC

HR Initiatives at

Page 2: HR Initiatives at NTPC

Introduction to the Company Type: State-owned enterprise (CPSU)

Industry: Electric utility

Founded:1975

Headquarters: New Delhi, India

Chairman & MD: Arup Roy Choudhury

Products & Services: Electricity generation & distribution, natural gas exploration, production, transportation & distribution

Employees:25,484 (March 2013)

Awarded for Best HR practices at India Today Awards 2014 as a Maharatna company of Govt. of India

Page 3: HR Initiatives at NTPC

Human Resource System at NTPC

NTPC strongly believes in achieving organisational excellence through human resources and therefore follows a “PEOPLE before Plant load factor” mantra.

NTPC has developed a robust HR system which consists of the following four blocks:

Competence Building Commitment Building Culture Building Systems Building

Page 4: HR Initiatives at NTPC

Recruitment and Selection at NTPC

Preference to engineers.

NTPC recruits executive engineers from all colleges. Now it takes GATE exam for entrance.

Recruitment the organization emphasizes on the following two qualities:

Learn abilityCompetency

NTPC follows EEO policy

Lateral entry particularly at senior level are very few

Page 5: HR Initiatives at NTPC

Performance Management at NTPC

Benchmark followed across all the levels

Transparency in the appraisal system

Review and rationalize the ratings to avoid unnecessary advantages(or disadvantages) arising out of uneven ratings from more than one raters

Results communicated to the appraisee in writing

Results linked to Performance Related Pay(PRP)

Page 6: HR Initiatives at NTPC

Training and development at NTPC

Own training systems and deliver training internally as far as possible

Power Management Institute Employee Development Centers Simulator Centers The collaboration with IMI and IIT

program Training given in Change management,

quality management and continuous performance improvement.

Page 7: HR Initiatives at NTPC

Employee Participation at NTPC

NTPC Open Competition for Executive Talent (NOCET)

A management journal called HORIZON

Suggestion schemes

Safety Circles

System Review Group.

Page 8: HR Initiatives at NTPC

Compensation

Cash Compensation Performance Bonus Employee Stock Purchase Plan Healthcare, Personal and Wellbeing

Benefits Flexibility and Worklife Balance Unlimited medical benefits for the

employee and spouse post-retirement Educational loans at marginal interest

for the children

Page 9: HR Initiatives at NTPC

Succession Management NTPC conducts rigorous succession planning two levels below the Board High level Succession Planning Committee (SPC) Honing leaders and creating a succession pool starts from the middle management

level in NTPC. Employees in the managerial level across the organization have to undergo an

assessment centre. The assessment centre ratings are compared at different stages, and people get

selected for further leadership roles on specific verticals. Each of the senior positions which are responsible to head a vertical or function,

have a pool of between 5 to 10 candidates lined up

Page 10: HR Initiatives at NTPC

NTPC Best HR Initiatives

People before plant load factor mantra Professional Circles Quality Circles Business Minds Medha Pratiyogita Knowledge Management in NTPC Snehal : Free counseling and support program Marriage portals PUPs (Providing Urban Facilities at Projects and Stations) 'First Day First Show'

Page 11: HR Initiatives at NTPC

Awards• “Best HR Practices” at India Today Awards 2014 as a Maharatna Company of Govt.

of India.• Three awards by the World HRD Congress• NTPC ranked 19th amongst 25 top Best Companies in India in 2011• NDTV Leadership Award 2013• Two Awards for NTPC at Asia Best Employer Brand Awards• SCOPE Meritorious Award for Best Practices in HRM.

Other recognitions include ……• Safety Awards• Environment Awards• Performance Awards• CSR Awards• Corporate Governance Awards• Quality Awards

Page 12: HR Initiatives at NTPC

Thank You

Presented ByDeepikaHarshita

ShystaDhanashree