NTPC Reward System

7/31/2019 NTPC Reward System

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NTPC Reward System

Corporate HRD


2/18

Background.

Findings of BODH Survey

SMILE committee recommendations

Benchmarking Study Report


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Schemesi. Appreciation letterii. STAR of the Month

iii. Employee of the Year

iv. Vidhyut Awardsv. Power EXCEL Awards

vi. PEARL Awards

vii. ACE Awards

viii. Mentors Samman

ix. Manveeyata Puraskar

x. Welcome Parties

xi. Farewell Parties


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Appreciation letter

Objective

To place on record good work done by an employee/group ofemployees for recognition and motivation.

ApplicabilityAll employees up to the level of E7

Reward

Appreciation letter to the individuals/group of individualsshall highlight the specific contribution/instance.

Periodicity

As frequently as possible. There is no limit on number oftimes an employee could be appreciated for good work.


5/18

Star of the Month

ObjectiveTo recognize consistent good work done by the employee(s).

Applicability / Eligibility

All non-executives

CriteriaNon-Executive, who has shown consistent punctuality,discipline, customer orientation, participation in TQMinitiatives, team playing etc.

Reward A small pin-up badge stating STAR of the monthby HOD in

presence of team members.

Name of the employees with the photo should be put on noticeboards.


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Employee of the Year

Objective

To recognize and reward exemplary performance for creating

role models and a performance culture.

Eligibility

Non-Executives, who have got a minimum of twoSTAR of the

month awards and fourAppreciation Letters in a year

Criteria

Non-Executives, who exhibit outstanding all round contribution

through regular & active participation in various TQM initiatives,

extra curricular activities, demonstrate additional skills etc. as

per the given parameters


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Employee of the Year

Rewards

Two levels of awards at each location i.e. unit / region / CC

Unit level: Rs. 2,000/- eachDepartment level: Rs.1000/- each

(a) Unit level Position no. 1 and 2 based on selection of all

nominated employees from each department, for Employee of the

Year reward.

(b) Departmental:All those who were nominated for the unit level

employee of the year award but did not qualify for the same, would

be considered based on their position for Department Employee of

the Year reward. There would be only one award in this category

for each department.


8/18

Vidhyut award

ObjectiveTo recognize & reward meritorious Non executive employees

from amongst the entries of Shram Awards to Government ofIndia

Applicability / EligibilityThe entries for Shram awards submitted to Govt. of India,

but were not awarded.

CriteriaSuch of those entries, which did not get Shram Award, wouldbe considered for this award.


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Reward

- Letter of appreciation under the signature of Director (HR)

- Cash Rewards

RankNo. of

awards

Reward

Amount (Rs.)Name

1st 1 15,000 Vidyut Jyoti

2nd 2 10,000 Vidyut Punj

3rd 5 7,500 Vidyut Kiran


10/18

Power Excel Award(Power Executives Excellence Awards)

Objective

To recognize excellence in discharging official duties &demonstration of NTPC core values.

Applicability/Eligibility

All executives upto E6, excluding HODs

CriteriaInnovations and improvements in his area of work.

Contribution towards group efforts

Demonstrates Core Values at work and during interactions

Should have received at least one 'Appreciation Letter' or Manveeyata

Purskar Reward

- These awards shall be given under the name POWER EXCEL awards(Power Executives Excellence Awards)

Training in India ( upto 7 days as per choice of the executive.)

Letter of appreciation under the signature of BUH/GM (Proforma E-1) A cash Reward of Rs.5,000/- each


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PEARL Awards

(Performance Excellence Awards for Regional Leadership)

Objective

To recognize excellence in leadership & demonstration ofNTPC core values

Applicability /Eligibility

All HODs and E7 at units & Regional Hqrs and E7 & E7A atCC.

CriteriaExhibition of Leadership qualities

Achieving Excellence in his area of responsibilityDemonstration of Core values

Implementation of Strategic initiatives in HR, TQM, Costcontrol measures,

Corporate Social responsibility etc.

Encouraging Creativity, innovation


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Reward

- The awards shall be given under the name PEARL (Performance

Excellence Awards for Regional Leadership)

- Upto 10- days training of his choice in India & a cash reward of

Rs.10,000/-

- Appreciation Letter under the signature of Concerned ED - Copy

to be place in personal file/ PAR file.


13/18

ACE Awards

(Awards for Corporate Excellence)

Objective

To recognize excellence in leadership & demonstration of NTPCCore Values

Applicability/Eligibility

All Heads of Project/Stations

GMs in Regions and Corporate Centre

Criteria

Strategic leadership

Innovation, creativity and Knowledge Management

Core Value And CSR


14/18

Ace Awards

Reward

- These awards shall be given under the name ACE Awards (Awards

for Corporate Excellence)

01 form Corporate Centre

02 from all Regions/Units/Proj./Stations

- up to 07 days of Training Abroad and a cash reward of Rs.15,000/-

- -Letter of Appreciation to be presented in ECM by CMD/Special

functions In Delhi (Proforma G-1)


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Mentors Samman

ObjectiveTo recognize the active services of mentors in socio culturalintegration of mentees with the companys environment.

Applicability

All mentors who have been attached with current batch of ETsfor mentoring.

Reward- A letter of appreciation as per Proforma H

- A token gift/memento of Rs.1,000/- each

- To be awarded on 5th Sept.


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Manveeyata PuraskarObjective

To recognize good values exhibited by employees in official & social life. Thisshall include Human Values, Core Values (COMIT) of the Company forcreating role models in the company.

Applicability / EligibilityAll employees upto E7 are eligible for this award.

Criteria

Should have exhibited an exemplary Value

Reward

Appreciation Letter

A Gift of upto Rs. 1,000/- ( based on the merit of the case)

No. of cases is left to the discretion of BUH/GM/ED at all locations


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Welcoming

Objective

To welcome new joinees/transfer-ins for their socialization .

Applicability / Eligibility

All Employees

Periodicity

Within one week of the joining of an employee

Procedure

Welcome letter

Get-together for the new joinees / Transferees


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Bidding Farewell

Objective

To bid farewell to an employee on his/her Superannuation

Applicability / Eligibility - All Employees

Periodicity - On the day of Superannuation

Reward Procedure

- Letter from BUH/ED highlighting his/her association withOrganisation

- A token gift of Rs.5,000/-

- Get-together with employees of the concerned

department, all HODs and BUH

NTPC Reward System

Documents

Transcript of NTPC Reward System