hr initiatives at ntpc
TRANSCRIPT
HR Initiatives at
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
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
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
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)
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.
Employee Participation at NTPC
NTPC Open Competition for Executive Talent (NOCET)
A management journal called HORIZON
Suggestion schemes
Safety Circles
System Review Group.
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
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
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'
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
Thank You
Presented ByDeepikaHarshita
ShystaDhanashree