Promotion Policy of Indian Oil Corporation Ltd

8041 WordsJul 21, 201333 Pages
PROMOTION POLICY OF WORKMEN AT IOCL, Western Region Submitted By Shweta Gopalji Pankhania UNDER THE GUIDANCE OF Ms. Smita Mukherjee A PROJECT SUBMITTED IN PARTIAL FULFILMENT OF MMS TO VIDYALANKAR INSTITUTE OF TECHNOLOGY Wadala (East), Mumbai 400 037 July 2013 PROMOTION POLICY OF WORKMEN AT IOCL, Western Region Submitted By Shweta Gopalji Pankhania UNDER THE GUIDANCE OF Ms. Smita Mukherjee A PROJECT SUBMITTED IN PARTIAL FULFILMENT OF MMS TO VIDYALANKAR INSTITUTE OF TECHNOLOGY Wadala (East), Mumbai 400 037 July 2013 DECLARATION I the undersigned Ms.Shweta Gopalji Pankhania, MMS student of Vidyalankar Institute Of Technology, Wadala, Mumbai, do hereby declare that this project is authentic record of my work completed as a part of…show more content…
The report includes “A Study of Promotion Policy at IOCL”. The principle of research is to find whether the employees are satisfied with the procedures and effectiveness of the existing promotion policy. For this analysis employees (Blue collar and White collar employees) were selected and interviewed. Finally data was collected from them for analysis and recommendations. It is observed that most of the employees do not know of the existing promotion policy whereas only some no. of employees is not satisfied with the existing promotion policy. It was seen that there was a lot of ambiguity regarding the existing promotion policy. 65% of the employees interviewed felt that there should be transparency in the Appraisal and Promotion procedures. Also since the Appraisal process is completely confidential the employees do not know about their performance it was a challenge to make recommendations on the clauses of the existing Promotion policy. As per the comments I got from the employees I rated their replies on a scale for analysis purpose. The purpose of the promotion policy is to provide greater opportunities for Promotion and to improve the upward mobility potential for qualified as well as functional experience employees. Hence on the basis of this I tried to analyze the policy and came up with possible inferences and conclusions. Objective, Scope, Assumption and
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