INVESTIGATION ON BENCHMARK HR PRACTICES IN PUBLIC SECTOR UNDERTAKINGS OF ENERGY SECTOR

Abstract

The present investigation was carried out to understand human resource practices followed by
Public sector units under energy sector. It focuses on level of existence of HR parameters that are
executed by profitable PSU’s. From the data of SCOPE (Standing committee on public
enterprises), it was interesting to note that best HR practices gave a bench mark on their
profitability. Especially the energy sector PSU’s found to follow Friendly HR policies. The data
does not comparable to any other PSU in general. However, on a larger perspective of Indian
PSU’s, this study shows significant benefits from Good HR practices like, Employment,
Training and Development, Motivation, superior Compensation, Recreation facilities, separation
aid, etc.,. Research Result exposed all public sector companies in energy sector are identical
toward personnel utilities deposit into real practice. Moreover Profitability of units indeed have
relation with industry best personnel administration factors. The results of this study can be
useful to disseminate the success stories of flourishing public sector companies under
Government of India. Management practitioners of industry and IIM’s can take up this as a case study of bunch of ten successful (Top ten Government PSUs) stories together for sharing
knowledge to the post graduate and industrial personnel.