HR Policy
As a highly reputable multinational company in the field of seismic survey of oil exploration, operating in more then a dozen countries of the world, BGP has its own unique human resource management policy.The special feature in the policy is highlighted on the basis of the differences in operations from country to country and region to region. The distinctive quality of such differences in human resource policies is due to the adaptation and excellent coordination with the local Labour Laws and procedures of the countries where BGP has its operations.
The company is strongly committed in providing opportunities for the highest possible development to the local citizens which will ultimately boost up the local economies as a result of the company business performance. It considers the company human resource as the most important factor of production, and as its most valuable asset, they should be given by the company adequate protection, benefits, entitlements, facilities, services, and other privileges. On the other hand, the company has the right to set minimum benchmarks for employees’ mode of conducts and basic responsibilities as employees’ obligations to the company.
The main features of the company human resource policies are as follows:
1. Selection criteria.
The talented human resource is the most valuable asset of the company. So a possible transparent and merit oriented selection criteria is followed to induct new talented blood into the company folds. The selection criteria of the company in itself are a total programme, comprising of various stages to make ensure the transparency.
2. Classification of employees
In accordance with the nature of business the human resource of the company is classified into several classes according to the skills, qualifications, experiences and proven track records.
3. Trainings and Career Development
The company is ever alert to keeping its human resource well equipped with the dynamic business world by arranging in house, out of station and on-job training programmes according to the specific needs.
4. Performance appraisal
The company has a sound system of appraising the performance of its human resource on pre-specified time periods that provides an excellent opportunity to the talented individuals for their swift career development.
5. Motivations
A variety of motivational tools is in operation by the company, ranging from annual increments, bonuses, prizes to appreciations. Such tools are different from country to country and job to job, contract to contract, and are according to the specific needs of each branch/subsidiary/entity.
6. General procedures
The General procedures like, overtimes, leaves, dress codes, drugs prevention, pay procedures, attendance, security and safety care are systematically and friendly established and followed.
7. Disciplinary action
With the most friendly human resource policies, the company do has a very strong disciplinary policy for misconduct or misuse.
8.Staff Welfare
Welfare for staff, such as health and hygiene care, insurance and medical care etc., have been taken care of by the Company for staff benefits and betterment.
This Human Resources policy aims at providing guidelines to each country within the region regarding employment, performance appraisal, career development, general procedures and disciplinary requirements, etc. with variation and special treatment allowed for the compliance with local statutory requirements and specific condition of each country.
This 1.1 version is approved by the Regional Management at the First Regional Meeting held on April 20-22, 2004 and is effective from _______ 2004.
The human resource policy of the company will be audited at pre-specified time periods to find out the possible lapse and do the ratifications accordingly. Upgrade, as result of the audit, will be made at the next Regional Meeting.
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