pakistan state oil(pso)

8/11/2019 Pakistan State Oil(PSO)

http://slidepdf.com/reader/full/pakistan-state-oilpso 1/12



Pakistan State Oil Company Limited

Human Resource Management

Submitted to:

Mam Tahira Nisar

Submitted by:

Mohsen Siraj 023

Hassam Khan 2009-018

Abdul Rehman 058

Submission Date:

January 09, 2013



Pakistan State Oil Company Limited

SO is the market leader in Pakistan’s energy sector. The company has the largest

network of retail outlets to serve the automotive sector and is the major fuel supplier

to aviation, railways, power projects, armed forces and agriculture sector. PSO also

provides Jet Fuel to Refueling Facilities at 9 airports in Pakistan and ship fuel at 3 ports. The

company takes pride in continuing the tradition of excellence and is fully committed to meet

the energy needs of today and rising challenges of tomorrow. Pakistan State Oil, the largest

oil marketing company in the country, is currently engaged in storage, distribution and

marketing of various POL products. The company’s current market share of 78.2% in the

black oil market and 54.3% share in the white oil market, alone speak volumes about its

success.

P



PSO Human Resource Philosophy:

Consider human asset - the only asset – which appreciates with the passage of time.

Right person at the right place.

Continuously re-align organization in line with contemporary business practices. Make Organization lean and flexible to become more responsive.

Handle HR issues with all fairness and transparency.

PSO VisionSafety is our priority and it is our belief that all accidents are preventable. Our first aim is

excellence in HSE performance in all PSO businesses.”

PSO MissionWe are committed to leadership

in energy market through

competitive advantage

in providing the highest quality petroleum products and services to our customers, based on:

Professionally trained, high quality,

motivated workforce, working as a

team in an

environment, which

recognizes and rewards performance,

innovation and creativity,

and

provides for personal growth and

development.

Lowest cost operations and assured access to long-term and cost effective supply

sources.

Sustained growth in earnings in

real terms.

Highly ethical, safe environment

friendly and socially responsible

business practices.



Career DevelopmentLeadership skills enhancement of trained workforce takes place through challenging

assignments, empowerment, promoting employees within the organization, wherever possible

and concentrating on Fast-Track employees, to fill higher vacancies.Employees who are willing to maximize their contributions are identified for career

development. The young and experienced professionals who can bring a significant change

are given assignments that encompass a great deal of responsibility and autonomy.

Performance management System of authentic performance evaluation and feed back is implemented at PSO and

is an integral part of our appraisal management.

Individual performance is aligned with the business goals and company objectives. Performance – based rewards are offered to all employees on a yearly basis.

Bell curve covers all management employees annual appraisal through a population

spread.

The method that is used to evaluate the performance of the employees is “Bell Curve

Method” which means the employees are credited in an organization under an assumption

that the employee performance level confirms to a normal statistical distribution.



RECRUITMENT AND SELECTION PROCEDURES

Recruitment and selection

Applications are invited on the prescribed Form available (free of cost) in PSO Recruitment& Placement Office at Karachi and in PSO Offices at other stations and also on PSO website.

http://www.psopk.com.Vacancies are announced on all the local news paper and the PSO official

website.

Eligibility CriteriaAll these positions are qualification based and anyone being a fresh graduate or having less

than 5 years of experience can apply, however these vacancies would be announced as &

when required.

Management Trainee Program (MBAs).

Trainee Engineer Program (BEs).

Associate Engineer Program (DAEs).

Chemists (MSc Chemistry/Applied Chemistry).

ACCA Trainee Program [A-levels/B.Com + CAT/ACCA part I clear (min

requirement)].

SELECTION PROCEDURE

General TestThe candidates’ general knowledge is tested in written and oral tests. These tests

are sometimes based on brainstorming. Now days this selection tests are administered by

NTS & Institute of business administration Karachi.

InterviewSuccessful candidates after passing written test are interviewed individually. The method that

is often used in interview is the panel interviewing method. Meaning there by an individual is

interviewed by a number of general managers of different departments.

Physical TestPhysical test is considered the first selection test in which the interviewer determines that

either candidate is full filling the physical requirement for the job or not.

“Their skin quality, height and weight are noted in the first interview session,”

Criminal ReportA report that is secretly found by the institution. The report consists of the person’s police

record and involvement in other inappropriate activities. If someone found convicted, may beneglected for the job.



Orientation and TrainingThe introduction that is given to the employees goes on for six months in which an employee

has to understand the rules and regulations and the fundamental requirements of the

organization. During these sessions an employee has to pass one month in headquarter. After

passing six months in orientation and training sessions an employee is send to the relative

branch of the organization.

TRAINING & DEVELOPMENTTo develop and conduct quality training as per the requirements of user departments and

regulatory authorities to maintain centralized training database of all PSO personnel for

organizing HR activity to maintain regular contact with vendors regarding new

functionalities, modifications and additions to update training programs and train the

instructors To formulate criteria which will enable the training of PSO personnel to achieve

excellence in their respective fields/functions to conduct courses, workshops, seminars,

workouts, conventions, training, particularly in this region.

Career Development

Leadership skills enhancement of trained workforce takes place through challengingassignments, empowerment, promoting employees within the organization, wherever possible

and concentrating on Fast-Track employees, to fill higher vacancies.

Our employees who are willing to maximize their contributions are identified for career

development. The young and experienced professionals who can bring a significant change

are given assignments that encompass a great deal of responsibility and autonomy. (Pakistan

State Oil)

HR AwardsIn September 2007 Engage Human Resources (consultancy, solutions and services) in

partnership with the Pakistan Society of Human Resources Management (PSHRM)



conducted a preference study interviewing 550 graduating MBA students from 8

universities, chosen from the latest Higher Education Commission ranking survey.

December 18, 2007, Karachi — (PSHRM) and Engage Human Resources, announced the

results of the first Most Preferred Graduate Employer 2007 study at the ceremony held for

‘PSHRM Graduate Employer Awards 2007’.

As we create an aspiring internal credibilityalong with leading HR practices delivering that promise, we standout for graduating MBA

students as the most preferred place to work. Pakistan State Oil won the ‘Most Preferred

Local Company Award’ as the highest ranked Pakistani company with their perceived

attractive compensation package as the main reason for their ability to attract talent.

Guidelines for ImprovementInstitute basic policies to cope with employee weaknesses and poor performance. Decide

if you'll provide training or mentoring for employees exhibiting subpar performance. Set

guidelines that outline how long it should it take an employee to improve and what steps will

be taken if the employee fails to show improvement.

Compensation in PSOThe company accommodates its employees with the handsome salary packages. Different

bonuses are given to them, in accordance with the performance of employees evaluated on

annual basis. Furthermore benefits and the other types of allowances are also allocated to

them.

Base Pay

Bonuses Travel/Meal/Housing Allowance



BOD

CEO

Managing Director

Deputy Managing Director

Senior General Manager

General Manager

Deputy General Manager

Manager

Benefits including: dental, insurance, medical, vacation, leaves, retirement, taxes

Absenteeism and leave policyThere are 12 leaves that are allowed to employees in a year. In case of absence of an

employee for more than twelve days in a year is charged up to the decision of inquirycommittee. There may be a cut from salary due to the absenteeism. (Manager), 2013)

Firing PolicyIf any employee is found in a corrupt activity or other inappropriate abuses, has to go through

an inquiry process which decides either the employee should be fired or charged.

Hierarchy of PSO



BibliographyMr.Majid(Retail Business Manager, (2013, January Tuesday). Leave Policy. (Mohsen

Siraj,Abdul Rehman. Hassam Khan,( Interviewer)

Pakistan State Oil . (n.d.). Retrieved from www.psopk.com

pakistan state oil(pso)

Documents