Friday, February 13, 2009

Bangalore: Recession seems to be working positively in a way for the State-owned Hindustan Aeronautics Ltd, which says it has got back 450 of its former employees after it advertised jobs for them.
Also, some 50,000 candidates flocked for 250 vacancies at the defence major recently. “If you want to work with us, you have a 1-in-250 chance,” the HAL Chairman, Mr Ashok Baweja, said at a news briefing at Aero India here on Thursday.
“We were desperate for people with more experience and when we advertised, we got 450 people back. You can find them manning our joint ventures with Edgewood, Samtel and Elbit Systems,” he said.
The second PSU pay committee’s recommendations did the trick, according to Mr Sanjiv Sahi, Director, HR. The committee late last year recommended 30-40 per cent upward revision of pay scales for PSU staff.
HAL has 34,000 staff and will keep it at that level. People requirements for its large and emerging jobs can anyway be met by outsourcing, Mr Baweja said.
13/02/09 Business Line

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