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    NTPC Human Resource Policies-21!10!08

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    Sam
    This document outlines the human resource policies of NTPC, a power company in India. It discusses NTPC's policy framework, functions of the corporate policy group, and types of policy documents. It also describes how new policies are developed, including collecting data from other organizations and consulting stakeholders. The document then covers various personnel policies around recruitment, compensation and benefits, allowances, reimbursements, facilities, education, advances, incentives, insurance, and terminal benefits. It concludes with discussing policy implementation.

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    NTPC Human Resource Policies-21!10!08

    Uploaded by

    Sam
    836 views26 pages
    This document outlines the human resource policies of NTPC, a power company in India. It discusses NTPC's policy framework, functions of the corporate policy group, and types of policy documents. It also describes how new policies are developed, including collecting data from other organizations and consulting stakeholders. The document then covers various personnel policies around recruitment, compensation and benefits, allowances, reimbursements, facilities, education, advances, incentives, insurance, and terminal benefits. It concludes with discussing policy implementation.

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    This document outlines the human resource policies of NTPC, a power company in India. It discusses NTPC's policy framework, functions of the corporate policy group, and types of policy documents. It also describes how new policies are developed, including collecting data from other organizations and consulting stakeholders. The document then covers various personnel policies around recruitment, compensation and benefits, allowances, reimbursements, facilities, education, advances, incentives, insurance, and terminal benefits. It concludes with discussing policy implementation.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    836 views26 pages

    NTPC Human Resource Policies-21!10!08

    Uploaded by

    Sam
    This document outlines the human resource policies of NTPC, a power company in India. It discusses NTPC's policy framework, functions of the corporate policy group, and types of policy documents. It also describes how new policies are developed, including collecting data from other organizations and consulting stakeholders. The document then covers various personnel policies around recruitment, compensation and benefits, allowances, reimbursements, facilities, education, advances, incentives, insurance, and terminal benefits. It concludes with discussing policy implementation.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    of 26
    At a glance
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    The document discusses NTPC's human resource policies including recruitment, compensation, benefits, promotions and retirement benefits.

    The document discusses the framework, structure and functions of NTPC's corporate policy group regarding personnel policies. It also discusses how new policies are initiated and implemented.

    Some of the allowances discussed include dearness allowance, house rent allowance, traveling allowance, cash handling allowances, consultancy allowance etc.

    NTPC Human Resource Policies

    Harjit Singh
    Senior Manager (HR) ERP-SAP

    Essence of our Company

    33 years of executive mediation of mind over matter

    Preview
    NTPC Personnel Policy Framework

    Structure and strategic functions of Corporate policy group Personnel Policy documents Birth of a new Personnel policy Policy implementation aspects Benchmarking with comparable PSUs

    NTPC Human Resource Policy Framework


    Employment

    Policies Pay & Allowances Employee benefits / facilities Employee Advances Incentive Schemes Separation from the company & Terminal benefits

    Functions of policy Group


    Review

    of existing policies Introduction of new policies Publication of existing / new policies Assessment of feasibility of introduction/ withdrawal of existing policies Interpretation of policy documents Simplification

    Human Resource Policy Documents


    Policy

    manuals Employee handbook Circulars/ Memos/ Clarifications Employee Feedback Market surveys on Benchmarking Approach papers Proposals Approvals

    How a new policy is born?

    Initiation of idea by: - Stakeholders / unions & associations - Government - Board of Directors - Employee Suggestions - Courts Collection of data from PSUs/ Leading Pvt sector/ Govt practice

    How a new policy is born?

    Preparation of approach paper Consultation with Finance Discussion with stakeholders Preparation of final proposals Publication Review/ Feedback

    Personnel Policies & me

    How do I join this company?

    Recruitment

    Probation
    CDA Standing

    Orders Service Rules Promotion SLPS

    What do I get?

    Salary

    Allowances
    Reimbursements Facilities

    at Workplace Advances Incentives Atmosphere ! (What is this)

    Allowances
    Dearness

    Allowance Non Practicing Allowance City Compensatory Allowance Field Compensatory Allowance House Rent Allowance Traveling Allowance

    Allowances
    Allowances

    Cash Handling Allowances Consultancy Allowance Washing Allowance Shift Allowance Transport Allowance

    Reimbursements

    Reimbursement of conveyance expenditure Local Conveyance Uniforms Tea subsidy, washing allowance Entertainment allowance Telephone rentals & call charges

    Facilities at Workplace

    Office space, Furniture, personal entitlements Canteen Staff cars, residential office Dispensaries/ hospitals/ empanelled hospitals Schools Recreation clubs

    Whats for my family?

    LTC Medical Attendance Township / HRA / Company lease Schools Children Education Reimbursement Household advance Merit scholarship Best student award

    How can I grow?


    Promotions

    Education
    Acquiring

    additional qualification Membership at professional bodies Professional Circles NOCET (NTPC Open Competition for Executive Talent)

    Education I add knowledge

    Company sponsorship - IIT, Delhi - BITs Pilani Study leave Workers education(Books+statuionary+ Time offs) Adult Education (for all project people) Employee development programmers (company provides 8th class/ matric/ graduation equivalents)

    What advances can I get?


    HBA

    Conveyance
    PC Multipurpose

    Advance Furnishing / household advance Medical advance

    What are the monetary incentives?


    National

    / All India awards Small family norms Hindi: noting / diction / use / typing Generation incentive Higher / additional qualification

    How am I insured ?
    GPAIS

    GI

    / EDLI HBA Insurance

    After Me (In Service Death) What ?


    Economic

    Rehabilitation Scheme Death Relief Fund

    Long Association Award

    Long Service Award (15 Years) Long Service Award (25 Years) On Super-annuation

    Terminal Benefits
    1.

    2.
    3. 4. 5.

    Grautity Provident Fund Leave Encashment (EL + HPL) PRMS NTPC Self Contributory Pension Scheme

    Policy Implementation
    7-S

    Framework - Strategy - Structure - Skills - Staff - Systems - Style - Super ordinate goals

    A journey around PSUs


    The

    navratna growth: ONGC: Size does matter IOC: Fortune 500 Company SAIL: Past glory of restructured growth NTPC: A leader and truly global

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