NTPC refuse to employ ex-staff

By siliconindia   |   Tuesday, 13 January 2009, 19:50 IST
Printer Print Email Email
Bangalore: Ex-employees expecting prospects of re-employment in the country's largest power producer, National Thermal Power (NTPC) will face disappointment. "NTPC decided not to take back employees who left the organization disregarding our request for a fair treatment. While there is no formal ban on such intake, their application would not enjoy any priority and would be considered only as a last resort," said an official of the ministry of power. The decision is a way to penalize the former staff who had left the organization at a time when it required their services for its expansion program entailing an addition of over 22,000 mw of generation capacity by 2012, as reported by The Economic Times. When the economy was booming, several of the employees shifted to the private firms like Tata, Reliance, Essar, GVK, GMR who had announced several medium and large power projects. This took the attrition level of the NTPC shoot up by five times from 50-60 employees a year to 300 per year. To deter from further surge in the attrition level the PSU introduced incentives schemes like disbursing almost five percent of its profits amongst the employees and medical benefits among others, were offered to retain talent. Crippled by the global slowdown the private sector fails to be promising, which triggered the surge in ex-employees submitting job applications to rejoin the public sector unit (PSU), which has increased the intake of engineers. Currently, NTPC has an employee base of 24,000 employees and it is employing 1,000 people every year to carry out its expansion plans. The PSU has become an attraction for many after the implementation of the second pay revision committee’s recommendations, whereby there will be a sufficient increase in the salaries. The salary increment is expected to bridge the gap of in the salaries of private and public sector employees by around 96 percent.

siliconindia