Business Daily from THE HINDU group of publications Saturday, Apr 28, 2007 ePaper |
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Human Resources Industry & Economy - PSU
N.S. Vageesh
Chennai April 27 Quit your safe public sector job and ruing the decision? Don't worry. There's a second chance. Some public sector companies are calling their former employees back. NTPC just came out with an advertisement asking its ex-executives to rejoin. A couple of months ago, ONGC issued an invitation to its ex-executives to come back. Explaining the rationale behind the move to call back their old staff, NTPC's Director-Human Resources, Mr R.C. Shrivastav, said: "As per a detailed manpower planning exercise undertaken by us, we would be needing about 4,000 to 5,000 people to oversee our capacity addition programme (doubling from about 28,000 MW currently) over the next five years. When we are looking for people, why not consider those who were part of our organisation at some point of time?"
Attrition Levels
He said the track record of the ex-employee and responsibilities undertaken after having left NTPC's service would be taken into consideration. These will be fresh appointments and there won't be any continuity of service from their earlier stint. NTPC's Executive Director-HR, Mr G.K. Agarwal, said a number of senior management officials, who had left the company, had also been enquiring if they could come back. Mr Agarwal said, "They are experienced; they know the systems, they know the work, they have the capability; and we need people at all levels and in various functions." Asked about how many were expected to join, Mr Agarwal said that it was too early to say. NTPC has staff strength of about 25,000 people of whom 11,000 are executives. He said their attrition levels were low at about 1 per cent and so the numbers that come back will be proportionately low. ONGC, which has a total strength of about 35,000 people, of whom about a third are executives, had tried to woo its former executives with a similar advertisement five months ago. "The best move an ex-ONGCian can ever make? Come back to ONGC" read the headline of the advertisement that called for executives from geology, geophysics, drilling, engineering, and finance disciplines to return to the fold. Did the bait work? ONGC officials say the response has been good but are tight-lipped about the numbers.
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