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Chapter VII
Conclusions
Public sector in India. Critics, who had 'written off' the public sector
in the nineties of last century, have again realized the power and
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(2) The Company has been able to maintain its 'Navratna' status
international bodies.
(5) The Company owns and operates the biggest gas based Perto-
(6) The Company owns and operates the longest network of Gas
(7) The Company has been contributing one percent of its Profit
After Tax (PAT) for CSR activities. Since 2010 it has doubled
(15) The Company has its own intenal audit system in safety
(19) The Company has signed joint ventures with other oil
All the above findings are the general in nature, which reflect
practice, which is one of the best known practice in its category. All
category is as under :-
Executive Category = 82
All the employees are conflicts, white on job with the help of
and non executives from S-0 to S-7. Time margin is fixed for
(iv). The study reveals that the Company has designed a very
Working Conditions
as under :
has doubled the amount from one percent to two percent of Profit
measures since 2010. The particular contribution has helped both the
company to make the general public living near its plants, feel very
(viii). The Study of the Company reveals that the pay scales of
the Company are the best paid pay scales amongst central
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any strike or lock out in the company so far due to any policy of the
100
80
60
40
20
0
Emplo
y
Perfor
m Working Pay er
Trainin Promot Statem Emplo
Recruit g i ance Conditio HSE CSR e y
ment on Apprais ns nts ee
Relatio
al n
s
Executive 82 92.8 89.5 72.71 86.36 91.5 88.4 86.2 96.6
Non-
Executive 85.99 91.35 72.71 90.04 87.24 91.06 80.99 86.16 95.79
433
regarding the HRM practices, which shall help the company to grow at
global level. However, there have been some short comings found in the
(2) The training institutes called GAIL Training Institutes are two
has its plants and locations at very for off and remote places
its safety departments at all plant levels which can meet the
(12) Lastly, the Company must draft a,' New Strategic HRM Plan-
by the company.
for the company to meet its future demands. The present HRM practices
of the Company are the real milestones and guiding forces for the other
companies as well. The strong inputs and endeavor of 'Team GAIL', have
company of the world. It has really added many feathres in the cap of