ANDHRA PRADESH

ONGC bid to retain talent

Special Correspondent

VISAKHAPATNAM: The biggest challenge a developing industry faced was retaining talent and trained manpower and ONGC is making good efforts in this direction.

Disclosing this to mediapersons here on Saturday, ONGC Director (Human Resources) A.K. Balyansaid that there were lot of disparities in remuneration between the Government and private companies which was taken to the notice of the Government for corrective action. “We are making the Government aware of the urgency to bridge this gap”, he said.

He also said that ONGC was recruiting people in geo-sciences, engineering, and all other critical areas and the target this year was 1,500. Over the next few years, about 1,000 to 500 would be added annually to meet the requirements in the fast growing organisation. At present, ONGC has 34,000 employees. Dr. Balyan who was in the city in connection with a two-day national-level HR conference of the company to address issues confronting ONGC and oil sector, said that in a bid to overcome attrition, the company had invited even those who had left and the response was very good, with some who had gone abroad also willing to return.

“We received 400 applications and short-listed about 30. We have already selected 26 to 28 of them. This is a positive sign. We have undertaken certain policy changes in ONGC to benefit employees –like the best medical health care, social security scheme and our own pension scheme regarded as very good, he said. . Executive Director and Asset Manager of Rajahmundry ONGC Asset, A.A. Khan, and General Manager-Head. Support Services at Rajahmundry, J.A. Kumar also spoke.

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