Great Place to work

INDIAN OIL CORPORATION LIMITED

INTRODUCTION
From the Employees perspective, a great workplace is one where they:
TRUST the people they work for;
Have PRIDE in what they do; and

ENJOY the people they work with.

From the Managers perspective, a great workplace is one where they:
ACHIEVE ORGANISATIONAL OBJECTIVES;

With employees who GIVE THEIR PERSONAL BEST; and

WORK TOGETHER AS A TEAM / FAMILY in an environment of TRUST

TRUST CAN BE MEASURED BY:

TRUST INDEX
i. Credibility
ii. Fairness
iii. Respect
iv. Camaraderie
v. Pride

CULTURE AUDIT
i. Work together as family: sharing, hiring & celebrating
ii. Achieving organizational objective: inspiring, speaking & listening
iii. Give their personal best: thanking, caring & developing

TRUST INDEX

CREDIBILITY
oIOCL adopted integrity pact on 15th July, 2008 which
establishes mutual contract rights and obligations and
bring transparency and enhances the credibility of
organization
oIOCL maintains a good investor relations which creates
credibility for future value proposition
oInvestors communicate their economic proposition,
while establishing ,enhancing and protecting
managements credibility.

Pride & Respect

oThe company respects employee dignity
oInvestment towards Employee technological
advancement.
oModern HR related policies such as first PSU to
develop online performance management system and
hence being more impartial.
oOne of the largest PSUs in india.

FAIRNESS
o IOCL had adopted
The Code of Conduct for Board Members and Senior Management Personnel
Code of conduct for prevention of insider trading
Policy on risk assessment and minimising procedures

oThe Right to Information Act, 2005 came into existence w.e.f. 12.10.2005
which addresses the constitutional right to know and access information
relating to any private body
oEthical and transparent process in managing the affairs of the Company
oIOCL currently has in place Conduct, Discipline & Appeal Rules, (the "CDA
Rules"), which govern the conduct of all employees of the Company

Camaraderie
o Web people chat options to encourage communication
among employees
oEmployees meet together to help the community in its CSR
activities developing care, innovation, passion and trust

o An interactive session with Senior Managers sharing

feedbacks and improvement area
o Work together as a team/family in an environment of trust

o Participative forums in the form of joint management

councils, quality circles, suggestions scheme

CULTURE
AUDIT

Work together as family:

sharing, hiring & celebrating
Obligations towards employees : To develop their
capabilities and facilitate their advancement through
appropriate training and career planning. To have fair
dealings with recognized representatives of employees in
pursuance of healthy industrial relations practices and
sound personnel policies.

Achieving org objective:

inspiring, speaking & listening
o Solar power project and Nuclear Power Plant in Rajasthan, Wind
power projects in Gujrat and Andhra Pradesh, aware generation
programs.
o MoU with TII to implement an Integrity Pact on enhancing
transparency in its business transactions, contracts and procurement
processes.

o Increased CSR budget from 0.5% in 1991 to 2% in 2009.

o Indian Oil Educational Scholarship Scheme to give scholarships to 2600
students on merit-cum-means basis.

Give their personal best:

thanking, caring & developing
o Thanking
Suggestion Scheme: Innovative ideas are rewarded by management.
Immediate boss takes care of all the needs of their subs. Not much pressure of work.
o Caring
Perfect work life balance
Management cares for people and places people as priority.
Free food, cafeteria, medical, travel and telephone allowances.
HRs take care of allowances to help them focus on work.
o Developing

Safety, health & environment training as well as skill up gradation training to male,
female and PWD employees.
Project CHETNA: for customer attendants.

Employee Reviews

Interview Excerpts
Name:
Designation :
Location:
Industry:

Swantika Dhundia
Officer at Indian Oil Corporation Limited
Chandigarh,India
Electronic Manufacturing

Give one word for Parameters

Credibility : Transparent organization

Pride : Excellent Brand Name to kick start your career

Respect: Individual Dignity
Camaraderie: We are a family
Fairness : Strong office politics

Culture: Symbol of work life balance, freedom is given to try

alternatives, but very Hierarchical structure, Lot of time is wasted in
taking internal approvals.