DEAR ALL
FINALLY THE ANNOUNCEMENT OF OROP TODAY?
GO AND CLICK HERE TO WATCH VIDEO
GAVINI VN
BLOGGER
(SOURCE- CNN/IBN LIVE TV)
FINALLY THE ANNOUNCEMENT OF OROP TODAY?
GO AND CLICK HERE TO WATCH VIDEO
GAVINI VN
BLOGGER
(SOURCE- CNN/IBN LIVE TV)
Essentially both VSS (Voluntary Separation Scheme) and VRS (Voluntary Retirement Scheme) are aimed at reducing the manpower in an organisation by tempting an employee with compensation based on the number of years of service put in and the number of years of service left. While VSS is normally applied to all irrespective of the length of service, VRS is generally offered to those who have completed a minimum length of service. Also, for implementing VRS, the organisation has to get the approval from the Labour Department and if there is a Labour Union in the organization, they must approve of the scheme too. It is also a good opportunity for productive employees who feel they are stagnating in the organization due to un favourable promotion policies to get compensated for their stint in the organisation and try their luck elsewhere. Both schemes are essentially an offer of "golden handshake" to reduce the manpower strength in organisations. However, on the negative side of it, only good, employable elsewhere employees leave thus leaving the organisation with deadwoods!!
ReplyDeleteVrs wale ko to ye benefit nahi milenge na
ReplyDeleteGovernment today announced acceptance of the long-pending demand for ‘One Rank One Pension’ but the ex-servicemen who have been on agitation rejected the key details of the decision and said their 84-day long stir will continue.http://goo.gl/OLRkIS
ReplyDelete