Final HR Descon

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Introduction to HR: Descon Engineering LTD offers exciting and challenging careers with competitive remuneration, excellent benefits and exceptional advancement opportunities. With a growing human resource strength of over 4500 management staff, the company places great importance in human resource development. For Descon, its employees are its strength. At Descon they claim: We strongly hope that after joining us, you will be a valuable member of Descon Family! HRD @ Descon Engineering LTD Human Resource Development at Descon believes in continuous improvement and is taking the standards of service to the utmost levels of excellence. HRD is working as a team under the flagship of Head Human Resource Development. It supports local as well as overseas offices in the following functions: Recruitment & Selection Compensation & Benefits Training & Development Organizational Development Development program at Descon: Descon is renowned for a diverse offer of trainings and development measures. They provide state of the art facilities to conduct internal & external trainings. These trainings cover development of fresh graduates, project managers, department heads, technical staff and potential leaders. Some of the offered trainings are:

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Transcript of Final HR Descon

Page 1: Final HR Descon

Introduction to HR:

Descon Engineering LTD offers exciting and challenging careers with competitive remuneration, excellent benefits and exceptional advancement opportunities. With a growing human resource strength of over 4500 management staff, the company places great importance in human resource development. For Descon, its employees are its strength.

At Descon they claim:

We strongly hope that after joining us, you will be a valuable member of Descon Family!

HRD @ Descon Engineering LTD

Human Resource Development at Descon believes in continuous improvement and is taking the standards of service to the utmost levels of excellence. HRD is working as a team under the flagship of Head Human Resource Development. It supports local as well as overseas offices in the following functions:

Recruitment & SelectionCompensation & Benefits

Training & Development

Organizational Development

Development program at Descon:

Descon is renowned for a diverse offer of trainings and development measures. They provide state of the art facilities to conduct internal & external trainings. These trainings cover development of fresh graduates, project managers, department heads, technical staff and potential leaders. Some of the offered trainings are:

1. Graduate Engineer Training Program (GETP)2. Project Engineer Leadership Program (PELP)3. Project Management Training4. Supply Chain Management for Commercial Managers5. Proposal & Estimation6. Contracts Management7. HSE for Line Managers8. Finance for Non-finance Managers

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9. HR for Line Managers10. Project Planning & Scheduling

Culture & Environment

Human resource at Descon has a diversity of skills, background, viewpoints and experiences from around the world. They have over thirty five different nationalities working in their bench strength. They hire only the best, based on merit, skills, abilities and desire to excel regardless of race, color, religion, gender, national origin and any ethnic background. They encourage their employees to maintain their work life balance. They give them the opportunities to spend quality time with their families by maintaining a stress free working schedule. They strongly believe that giving maximum ease to their employees shapes up their corporate culture.

Compensation

Descon makes comprehensive and competitive remuneration plans. The pay package is reviewed annually by the management to ensure it is aligned with market standards and escalating economic factors across the globe. Descon fosters a performance oriented appraisal system that allows employees to earn higher levels of compensation and rewards to value employee contributions.

Career Advancement

Descon values its high potential employees through Management Evaluation Scheme (MES) that is executed on regular basis. With the help of this comprehensive process, career ladders of employees are developed and succession planning is done to identify future leaders. In addition to this, fresh graduates are developed as a potential resource by planned rotations and mentorship. This includes exposure to project sites based upon guidance from project gurus and working on integrated systems and procedures.

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Fresh graduates’ induction program

Trainee Engineer / Management Trainee Program:The purpose of fresh graduates hiring program is to meet future human resource needs by employing fresh graduate engineers and other graduates to generate a trained pool of human capital for the company. In training Fresh Graduates are trained by making them understand vision, mission, goals, business processes, and policies of the company so that they can become active members of the Descon family and can be placed in different BA’s/BSD’s or at project sites for execution of the project or support associated functions, like Business Development, Quality Health Safety & Environment (QHSE), Project Management Systems (PMS), Commercial, Material Management, Asset Management, Finance & HRD.

RECRUITMENT OF FRESH GRAUDATESAt Descon, two training programs are available for fresh graduate engineers and non-engineers which are:

a) GETP (Graduate Engineer Training Program)In this program, engineers will be hired from best universities of Pakistan (HEC recognized) and trained to generate a pool of trained technical human capital for different business areas of the company. The job title of the candidates of this program is “Trainee Engineer”.

b) MTP (Management Trainee Program)In this program, candidates with Master degree in Finance, Marketing, HRM, Mass Com, Quality Management or Business Administration are hired from the best universities of Pakistan (HEC recognized) and trained in their respective discipline. The job title of the candidates of this program is “Management Trainee”.

Benefits given to Employees

Employee benefit (also called fringe benefits) is a non-wage compensation provided to employees in addition to their normal wages or salaries. The purpose of the benefit is to increase the economic security of employees.

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These benefits helps the company to attract, recruit and retain the best possible employees because it potentially convey the message that the company is a good place to work as it invests in the well-being of its employees.

Employee Retention Program

Worker shortages continue to escalate. Each and every day good employees quit their employers for better jobs elsewhere. Descon uses Employee retention programs which offer several strategies for reducing turnover. Since people are one of their assets that can literally get up and walk out the door, employee retention programs can be vital in retaining best employees. This program includes the following benefits which are provided to the employees of Descon limited:

Provident funds

The provident fund is a compulsory comprehensive social security savings plan which aims to provide the employees with a sense of security and confidence in their old age. The employees in the Descon are provided with the provident fund benefit. Both the employee and the employer contribute in it. Company contributes 12%. The system of giving provident funds in DESCON goes like, 10% is given by the company and 10% is deducted from employee’s salary.

Cost of Living Allowance and adjustments

Employees in the Descon are provided with this benefit which represents periodic base pay increases that based on changes in prices as indexed by the consumer price index. This enables workers to maintain their purchasing power and standard of living by adjusting base pay for inflation. DESCON gives 25% of the basic pay as cost of living allowance.

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Transportation Services and Allowances

The employees who do not have their own conveyance and face the problems reaching to the workplace, Descon provides those employees with the pick and drop service that helps bringing employees to the workplace and back home again. This service enables the employees to save money and time. The percentage of conveyance allowance is 25% of the basic pay and they always give transportation services to their employees free of cost.

Those employees who have their own conveyance are provided with the petrol allowances.

House Allowances

DESCON also provide their employees with the house allowances.

Medical Reimbursement

DESCON provide this benefit to its employee in whom an employee is allowed to get reimbursement for the medical expenses incurred by him at a hospital maintained by the employer or a Government approved hospital, the entire amount of reimbursement is tax-free and is not treated as a taxable perquisite. If an employee receives some money for his medical treatment or the treatment of any member of his family or any of his dependant relatives then a sum up to Rs.15,000 p.a. is not treated as a taxable perquisite.

Medical treatment abroad is also included in this benefit.

Holiday and Medical Leaves: this benefit provides the employees with pay for time when they are not working, such as vacation. Descon provides its employees with 10 casual leaves, 10 sick leaves, and 24 earned leaves.

Insurance Program:

Descon does not offer any insurance program to its employees.

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