Great Place to Work-1

7/21/2019 Great Place to Work-1

1/15

Great Place to work

INDIAN OIL CORPORATION LIMITED


2/15

INTRODUCTIONFrom the Employees perspective, a great workplace is one where they:

TRUST the people they work for;

Have PRIDE in what they do; and

ENJOY the people they work with.

From the Managers perspective, a great workplace is one where they:

ACHIEVE ORGANISATIONAL OBJECTIVES;

With employees who GIVE THEIR PERSONAL BEST; and

WORK TOGETHER AS A TEAM / FAMILY in an environment of TRUST


3/15

TRUST CAN BE MEASURED BY: TRUST INDEXi. Credibilityii. Fairnessiii. Respect

iv. Camaraderiev. Pride

CULTURE AUDITi. Work together as family: sharing, hiring & celebratingii. Achieving organizational objective: inspiring, speaking & listeningiii. Give their personal best: thanking, caring & developing


4/15

TRUST INDEX


5/15

CREDIBILITYoIOCL adopted integrity pact on 15th July, 2008 whichestablishes mutual contract rights and obligations andbring transparency and enhances the credibility oforganization

oIOCL maintains a good investor relations which createscredibility for future value proposition

oInvestors communicate their economic proposition,while establishing ,enhancing and protectingmanagements credibility.


6/15

Pride & RespectoThe company respects employee dignity

oInvestment towards Employee technologicaladvancement.

oModern HR related policies such as first PSU to

develop online performance management system andhence being more impartial.

oOne of the largest PSUs in india.


7/15

FAIRNESSo IOCL had adopted The Code of Conduct for Board Members and Senior Management Personnel

Code of conduct for prevention of insider trading

Policy on risk assessment and minimising procedures

oThe Right to Information Act, 2005 came into existence w.e.f. 12.10.2005which addresses the constitutional right to know and access informationrelating to any private body

oEthical and transparent process in managing the affairs of the Company

oIOCL currently has in place Conduct, Discipline & Appeal Rules, (the "CDARules"), which govern the conduct of all employees of the Company


8/15

Camaraderie

o Web people chat options to encourage communicationamong employees

oEmployees meet together to help the community in its CSR

activities developing care, innovation, passion and trust

o An interactive session with Senior Managers sharingfeedbacks and improvement area

o Work together as a team/family in an environment of trusto Participative forums in the form of joint managementcouncils, quality circles, suggestions scheme


9/15

CULTURE

AUDIT


10/15

Work together as family:

sharing, hiring & celebratingObligations towards employees : To develop theircapabilities and facilitate their advancement throughappropriate training and career planning. To have fairdealings with recognized representatives of employees inpursuance of healthy industrial relations practices andsound personnel policies.


11/15

Achieving org objective:

inspiring, speaking & listeningo Solar power project and Nuclear Power Plant in Rajasthan, Windpower projects in Gujrat and Andhra Pradesh, aware generationprograms.

o MoU with TII to implement an Integrity Pact on enhancing

transparency in its business transactions, contracts and procurementprocesses.

o Increased CSR budget from 0.5% in 1991 to 2% in 2009.

o Indian Oil Educational Scholarship Scheme to give scholarships to 2600

students on merit-cum-means basis.


12/15

Give their personal best:

thanking, caring & developingo ThankingSuggestion Scheme: Innovative ideas are rewarded by management.

Immediate boss takes care of all the needs of their subs. Not much pressure of work.

o

CaringPerfect work life balance

Management cares for people and places people as priority.

Free food, cafeteria, medical, travel and telephone allowances.

HRs take care of allowances to help them focus on work.

o Developing

Safety, health & environment training as well as skill up gradation training to male,female and PWD employees.

Project CHETNA: for customer attendants.


13/15

Employee Reviews


14/15

Interview ExcerptsName: Swantika DhundiaDesignation : Officer at Indian Oil Corporation Limited

Location: Chandigarh,India

Industry: Electronic Manufacturing


15/15

Give one word for ParametersCredibility : Transparent organizationPride : Excellent Brand Name to kick start your career

Respect: Individual Dignity

Camaraderie: We are a family

Fairness : Strong office politics

Culture: Symbol of work life balance, freedom is given to tryalternatives, but very Hierarchical structure, Lot of time is wasted intaking internal approvals.

Documents

Great Place to Work-1