Kolkata, March 10: State-run Coal India Ltd (CIL) Sunday said it is hopeful of increasing its productivity after implementing a new appraisal system for its employees, which is set to come into effect from the next fiscal.
The new “performance management system” has been developed by Manpower, one of the leading firms of the world in workforce solutions and will replace the coal behemoth’s existing appraisal system, an official said.
“The system will be effective from April this year,” Coal India director (personnel and industrial relations) R. Mohan Das said on the sidelines of the pre-launch event here of the 8th national convention of Global Compact Network India.
“The new performance management system will help Coal India increase its productivity. Thus it will enable us to achieve a higher production target,” he said.
Asked what would be a possible increase in productivity of the coal miner after implementing the new appraisal system, he said it would depend on the production targets which would be set in the coming days.
CIL produces nearly 80 percent of the domestic coal supply in the country.