MSEDCL launches performance based schemes

Mumbai, Jul 3 (UNI) The Maharashtra State Electricity Distribution Company (MSEDCL) has launched performance-based employee incentive and disincentive scheme from the first quarter of the financial year 2007-2008 with an aim to reduce commercial and technical losses.

According to the scheme, all the staff under Operation and Maintenance Division will be brought under the incentive and disincentive scheme. Under the scheme, maximum incentives payable to an employee shall not be more than his month's basic salary while the maximum disincentive recoverable from an employee for a quarter shall not be more than 15 per cent of his month's basic salary, a MSEDCL release issued here today said.

The incentive is based on improvement in aggregate technical and commercial efficiency (ATCE). The scheme will supersede all other incentive schemes in force as on date. The scheme is presently implemented at division level and will be extended to feeder level on stabilization of feeder wise energy accounting.

According to the scheme, promotions and transfers would be taken into consideration based on the ATCE. The staff of the non-performing sub-divisions within the eligible division will not be eligible for receiving the incentives for that particular quarter.

In addition to the applicable disincentive, the staff of the division showing persistent non-performance for a financial year or deterioration in performance as reflected in the ATCE, will be transferred to non-executive posts or elsewhere at the discretion of the management and they will not be brought back to the executive posts at least for the next two years subsequent to the transfer.

UNI