Tuesday, May 11, 2010

PSUs-seek-to-stop-staff-exodus-to-make-employees-sign-bonds

NEW DELHI: Faced with the exodus of technical personnel after expensive, company-funded training, public sector companies such as RITES, National Thermal Power Corp (NTPC) and Steel Authority of India Ltd (SAIL) have asked their staff to sign a bond to serve the organisation for a fixed number of years.

The state-owned firms earlier mandated only new recruits to work for at least 2-3 years, failing which they had to compensate the company according to the service agreement. In a number of instances, technical staff left the companies engaged in consultancy and infrastructure development just after a company-funded foreign training programme. 
 To read more..pl.read PSUs..
PSUs-seek-to-stop-staff-exodus-to-make-employees-sign-bonds

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