Scribd Logo
Upload

Welcome to Scribd!

  • 35 views

    Essel Mining

    Uploaded by

    ShreyanshuOjha
    Essel Mining suspended operations at two metal mines in Orissa, India, laying off mining engineers, electric and mechanical engineers, and manual laborers. While no voluntary retirement scheme (VRS) was offered to white collar workers, who were instead helped to find opportunities elsewhere in the Aditya Birla Group, blue collar employees with over 10 years of service who were older than 40 received a VRS package equivalent to 45 days of salary for each year of service plus one month of salary for remaining years of service. Younger workers and some engineers were given the option to relocate to a coal mine after re-skilling.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content

    Essel Mining

    Uploaded by

    ShreyanshuOjha
    35 views1 page
    Essel Mining suspended operations at two metal mines in Orissa, India, laying off mining engineers, electric and mechanical engineers, and manual laborers. While no voluntary retirement scheme (VRS) was offered to white collar workers, who were instead helped to find opportunities elsewhere in the Aditya Birla Group, blue collar employees with over 10 years of service who were older than 40 received a VRS package equivalent to 45 days of salary for each year of service plus one month of salary for remaining years of service. Younger workers and some engineers were given the option to relocate to a coal mine after re-skilling.

    Original Description:

    Original Title

    Essel Mining.docx

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    Essel Mining suspended operations at two metal mines in Orissa, India, laying off mining engineers, electric and mechanical engineers, and manual laborers. While no voluntary retirement scheme (VRS) was offered to white collar workers, who were instead helped to find opportunities elsewhere in the Aditya Birla Group, blue collar employees with over 10 years of service who were older than 40 received a VRS package equivalent to 45 days of salary for each year of service plus one month of salary for remaining years of service. Younger workers and some engineers were given the option to relocate to a coal mine after re-skilling.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    35 views1 page

    Essel Mining

    Uploaded by

    ShreyanshuOjha
    Essel Mining suspended operations at two metal mines in Orissa, India, laying off mining engineers, electric and mechanical engineers, and manual laborers. While no voluntary retirement scheme (VRS) was offered to white collar workers, who were instead helped to find opportunities elsewhere in the Aditya Birla Group, blue collar employees with over 10 years of service who were older than 40 received a VRS package equivalent to 45 days of salary for each year of service plus one month of salary for remaining years of service. Younger workers and some engineers were given the option to relocate to a coal mine after re-skilling.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 1

    Essel Mining (Aditya Birla Group)

    2 metal mines were suspended in Orissa

    Mining engineers/ Electric and Mechanical engineers + manual labourers were made redundant

    No VRS to white collars – Created profiles of employees and CVs including the ratings of last 2-3 years
    and tried to find opportunities in other ABG business.

    VRS was given to blue collar employees – Eligibility – 10 years of service + more than 40 years of age –
    45 days salary for every completed year + 1 month salary for remaining years of service.

    Otherwise, 2 months salary was given.

    Some young workers and engineers were given option to relocate to coal mine after some re-skilling.

    Suggestion – Local consultants will do a better job at placing blue collar workers.

    You might also like