PTCL Press Release on Signing Agreement with CBA Union
Today PTCL has issued an press release on signing agreement called memorandum of sattlement (MoS). This PR has been published on PTCL official website. It is worth mentioning here that PTCL official website does not cover or cover very often, any such news related to ptcl’s employees.
Following is the PR with its heading bellow:-
PTCL signs agreement with CBA entailing huge benefits for employees
Islamabad (Friday, October 4, 2013) – Pakistan Telecommunication Company Limited (PTCL), has inked an agreement with the CBA, extending numerous financial benefits to the employees, coupled with additional EOBI pension benefits safeguarding their post retirement life.
The agreement was signed at a ceremony held at PTCL Headquarters, which was attended by senior members of PTCL management and representative of the employees union.
SEVP (HR) Syed Mazhar Hussain termed this agreement a landmark development in the history of the company. He marked it, an emblem of mutual respect and a key driver of employee motivation. He expressed that this shall auger well for boosting the morale of the employees and in turn shall result into a better corporate performance.
The agreement between the top management and the employees union is regarded as a great moment for everyone in the organization and is considered a monumental step towards building a more trusting relationship between the employees and the management.
This will explore new horizons for the employees of PTCL and will consequently increase the mutual trust and confidence of the employees and positively impact their performance. PTCL is promoting an open door policy for the employees and this Agreement would go a long way in achieving a new beginning and development of employee friendly environment.
The president of CBA Mr. Ziauddin along with office bearers thanked the President & CEO, SEVP HR and other members of PTCL management for approving the package for the employees and vowed to give their best on behalf of the employees for the common interest of the company.