Article: Recognize what people are looking for in their careers

premium#Compensation & Benefits

Recognize what people are looking for in their careers

Veena Swarup, an accomplished HR leader shares the strategy behind rewards programs in PSUs, and the lessons that can be derived from them.
Recognize what people are looking for in their careers
Veena Swarup, Former Director (HR) Engineers India Limited, who also served as the General Manager (HR), Oil & Natural Gas Corporation, shares perspectives from her 33 years of experience as a Human Resources Leader in the Public Sector. Besides sharing the wisdom accumulated while leading the HR function, she also brings in a unique outlook from PSUs that work in a more rule-driven and constrained environment when compared to the private sector.  In this interview, she highlights how crystal clear transparency in compensation structures keeps teams motivated, and gives her suggestions on converting constraints into opportunities.   Transparency is the keystone for generating faith and credibility; and transparency in decision-making makes an employee want to stay and reduces chances of conflict. In your years of experience as an HR leader in PSUs, how did you know that the rewards strategy worked or not? By observing the engagement levels of employees, the...

Topics: Compensation & Benefits, Employee Relations, Employee Engagement

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