Case Study Of Pel

3253 Words7 Pages

HRM at PEL

MBAII
Sec A

Ahmed Tajammal
M. Ahmed
Mahnoor Iftikhar
Saad Khawaja Company overview:
Pak Elektron Limited (PEL) is the leading manufacturer of electrical goods in Pakistan. In 1956, the Company was set up by Malik Brothers in technical collaboration with M/s AEG of Germany to manufacture transformers, switch-gear and electric motors. AEG relinquished their share of PEL to the Malik Brothers in the late 1960s, which was subsequently acquired by the Saigol Group of Companies in 1978.
Since its inception, the company has always been contributing towards the advancement and development of the engineering sector in Pakistan by introducing a range of quality electrical equipment and home appliances and by producing hundreds …show more content…

In order to earn profits the business needs to have right people at the right place at the right time. For this purpose to be fulfileld Human Resource Management is essential. That is why Philip Morris Pakistan pays huge emphasis on HRM as they want to hire competent, confident, and fearless people that can play a positive role towards the fulfillment of corporate goals and objectives. PEL’s HR department was established in 2006. The major objective of HRM is to increase and improve the productive contribution of personnel to the organization in a more ethical, social and administratively responsible way. It had four main divisions namely RMS- recruitment management system, learning and development, performance development and employee …show more content…

Both former and contemporary engineers agreed that PEL has incorporated significant skills in them and have equipped them with real life experiences, and has added value to their skill inventory. As a result of this they enjoyed working for PEL but the problem was primarily with pay structure of PEL in comparison to foreign companies and especially Gulf based companies such as Al Otaiba and Al-Futtaim. These companies offer significantly higher pay scales and also provided a window of opportunity to these engineers to explore themselves in more developed economies. In addition to this these companies also provided more growth opportunities since these companies had several divisions other than electronics and hence a huge growth potential for the employees. On top of this, these companies are Gulf based and Gulf has its own charm, which pulls engineers from third world countries like Pakistan. It’s not just the companies polices and compensation plan that makes these engineers leave but the deteriorating law and order situation of the company also adds to the problem of high attrition rate at

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