The reskilling route to retention

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JSW, a part of the Rs 32,000 crore OP Jindal Group of Companies is a dynamic, integrated entity with core competency in steel and power. Going forward with a huge expansion plan in the pipeline, JSW’s other verticals include cement, infrastructure, aluminum and software. With the lowest attrition rate of just 6% in the manufacturing sector, JSW is all set to hunt and acquire quality talent and leadership in the organisation.

Even as the Sajjan Jindal promoted JSW (Jindal South West) Group looks to widen its horizons with its expansion programme on the cards, the challenge to get quality people for this project remains a major area of concern for the human resources head in the firm. A plan has, therefore, been chalked out through which it is moving forward to achieve its target of hiring quality people.

Says Anirudh Singh, senior vice-president, corporate HR, JSW Steel Ltd, “Our turnover at present is more than Rs 12,000 crore and our target is to cross Rs 75,000 crore by 2012. This will result in manpower increase by at least five times more than what we have at present.”

JSW currently employees 7,000 people on the company’s payrolls and going forward it plans to recruit employees across all levels including entry, middle, senior and top level. It is targeting to hire about 180 senior-level executives.

According to the experts, the manufacturing sector, that had a tag of a ‘bad paymaster’ for over a decade, has now become glamorous and is drawing the attention of many engineers and professionals towards the manufacturing industry.

Singh has said that for the entry-level employees, the company will do campus recruitment to meet the requirement at the operations level. For middle-level recruitment, it plans to promote internal employees through training, where diploma engineers in the organisation will be trained to become graduate engineers. JSW has tied up with Bits Pilani for the purpose.

“We will first try and make an effort to fulfill the requirement through internal sources,” Singh adds.

Moreover, for the general managers (GM) category, the graduate engineers, chartered accountants and cost engineers of the organisation will be provided with a two-year MBA programme. This will be done through a tie-up with Narsee Monjee Institute of Management and Higher Studies (NMIMS), Mumbai to develop a large pool of managers.