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Privatization of PTCL: The Redundant
Employees
by
Imran Ali Teepu
The
country's telecom giant Pakistan
Telecommunication Company Ltd. (PTCL) is
being hammered and thrown to the foreign
business God's while as many as 40,000
people will quit the job through
Voluntary Separation Scheme (VSS)
offered by the PTCL management.
The employees are being dubbed by the
UAE based PTCL (Etisalat ) company board
members as the "Redundant" employees.
"Redundant" was the word which was being
used by the management on the encoded
electronic forms of the employees who
clicked for their fate for an exit or to
stay back.
According to Oxford Dictionary
"Redundant" is defined as (of person)
with out a job because there is no more
work available for you in the company,
not needed or useful.
If we see the population factor
according to population survey average
Pakistani family comprises of six
members.
As PTCL private corporate heads have a
firm belief that as many as 60 percent
of employees would opt for the VSS.
Among the 44,000 employees the 26400
employees will quit the service and it
will put a negative impact on as many as
158400 people in the country. Those
employees, who have served the
organization for as many as 20 years and
above all are on the board to go for the
VSS including lesser then the said time
of years.
The company PTCL which is still the
telecom giant in LDI (Long Distance
International) in Pakistan is having
more than 3,000 strategic and most
prolific business property while and
infrastructure with the longest land
line cable network than the rest of 13
LDI companies.
The company which eyes a face change
with new young and energetic breed from
country's top financial intuitions or
foreign qualified persons. On the other
side PTCL management has also gave a
zinc laden solution its employees of
TEVTA based training in which all the
expenses for the said training will be
bored by PTCL. The employees who mostly
hold degrees not more than bachelors
with their VSS amount will be totally
vulnerable to the ever rising
competitive business market.
With property market souring high,
professional education getting out of
the normal income of ordinary government
servant, health facilities not in sight
and a grim future the employees who will
opt for the VSS will ultimately have to
face the music of the harsh economic
realities of the already tightening
economic Pakistan.
On the other side if these employees do
not opt for the VSS they will have to
come on PTCL NTC (New Terms and
Condition Contract) which seems a total
bet for the job Vs. VSS.
As if they stay away from the VSS it all
depends on the PTCL management as what
to do with these employees either to
sent them home with their standard
financial perks as given by the company
or just fire them after June 2008
promise which is between the government
and (Etisalat /PTCL) management as not
to fire any employee before June 2008.
However after the said time PTCL
management is free for making any
decision for the future of PTCL
employees.
PTCL management should give more space
and time to their out going employees.
While the company has the capacity to
switch these employees to fulfill their
own technical needs by training them in
their regional training institutes based
at various local telecom regions to
fullfill their technical needs.
Fingers are crossed as the these VSS
opted employees future hangs in balance
while a unstable future waits for them
in the struggling small and medium
business entrepreneurs market of
Pakistan.
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