It was reported here earlier about PTCL new Voluntary Separation Scheme (VSS) and now it has been revised officially with attractive financial benefits and facilitations for employees.
While briefing the media, Senior Executive Vice President HR, Syed Mazhar Hussain said, “VSS is a completely voluntary offer especially designed to ensure long-term welfare long-term welfare and well-being of our employees and their families. Employees have a choice to either opt for a very attractive severance package, or continue working at PTCL which has always considered its employees as a top priority.”
Mr. hussain said by giving details of new VSS scheme had received a very positive response, which far exceeded expectations. He informed that the 2008 VSS was offered to 50,000 employees and 35,000 opted for it.
He further said that, “Honoring the hard work and commitment of our employees, PTCL invested huge sums to make their choice beneficial and rewarding. PTCL relieved 30,000 employees while around 5,000 applicants couldn’t be spared and it has since been a pressing demand from employees to introduced a similar scheme again.
Explaining the key features of the new VSS scheme announced today, Me. Mazhar Hussain informed that it was being offered to approximately 16,000 employees.
“We offering yet another golden option to our employees to choose a rewarding future which may be a lifetime opportunity. However, if they choos not to avail this opportunity, they will remain respectable employees of the company.”
For raising awareness and consulting among employees, PTCL has undertaken an efficient nationwide mechanism comprising information & special counselling sessions, promotional road-shows, and financial advisory consultations & services. Special helpline and help desks have also been set up for the purpose with a toll-free number 0800-13531.
Mr. Mazhar Hussain said,
“Our employees are PTCL’s most important asset and our aim is to provide them maximum facilitation and guidance in deciding a bright future for themselves.”
