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PSUs to introduce fast-track promotions for performing employees

By IndianMandarins- 28 May 2018
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psus-to-introduce-fast-track-promotions-for-performing-employeesCentral PSUs may introduce fast-track promotions for star performers and a customised sabbatical policy for long-serving employees, with the government setting up a panel to recommend a policy framework in this regard in three months' time. The outcomes of the deliberations of the committee will be included in the road map to be prepared for presentation to the Prime Minister. PM Narendra Modi had given a 100-day deadline to the heads of central public sector enterprises (CPSEs) to come out with a road map with "measurable targets" for strengthening state-owned companies and promoting development activities. The committee comprises HR directors from top PSUs like BHEL, Oil India NTPC and others. It will finalise recommendations in the next three months on fast-track promotion for star performers, customised sabbatical for employees and summer internship.

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