Various Motivational Initiatives Practiced

# Practice/Steps Remarks
1 Job Secured is almost 100% secured- Unless
otherwise unethical practices are adopted
Maslow's lower level Need
2 Salary/Compensation/Perks- Most
comparable in the industry/PSU as IOC is
Navratna Company. Provides economic
safety.
Maslow's lower level Need
3 Unlimited Medical Benefits. Best hospitals in
city are nominated. Provides health security
Marslow's lower level Need
4 Moderate/Low rate loans for 4
wheeler/House building/House
renovation/Furniture etc. One can have 4
wheelers/own house within 5 years of joining.
Maslow's Middle/higher
level Need
5 Company's accommodation or leased facility
for residence.
Maslow's Middle/higher
level Need
6 Profit Sharing/ Bonus depending upon annual
performance appraisal achieving
Corporation's MoU signed with GOI.
Maslow's Middle/higher
level Need
7 Opportunity to reach the top of the
management depending upon performance
as recruitment is only at bottom of the
ladder.
Maslows Higher Level
Need
8 Opportunity to learn skills, best technologies,
best management practices. Higher level
Education
Maslows Higher Level
Need
9 Job Enrichment- Formal training, our own
professionally managed training centre IIPM
etc., participation in MDPs, seats at MDI, etc.
Hand holding Mentor/Mentee concept for
new entrants.
Herzbergs Higher Level
Needs
10 Job Characteristic Model (JCM) in place for
executive as a part of annual appraisal
system called ePMS.
Performance management system one of the
best.
McClellands Higher Order
Needs
360 deg feedback system in place for middle
and higher level management.
11 Job Rotation- High- An Engineer or Finance
background person can even become HR
Head
Herzbergs Higher Order
Needs
12 Reward for Suggestions yielding savings to the
Organizations
McClellands Higher Order
Needs
13 Encouragement of Employee in acquiring
higher qualifications in terms of monetary
benefits.
Maslows higher order
Needs
14 Encouragement of wards of Employee on
achieving excellence in their academics.
Herzbergs Higher Order
Needs
15 Encouraging Professional Sports personnel in
the Organization.
McClellands Higher Order
Needs