TEHRAN (PEDCO) - The Human Resources Manager at PetroIran Development Company (PEDCO) has emphasized the critical role of strengthening human capital in driving organizational transformation and success.
He detailed the HR department's recent initiatives aimed at improving talent acquisition, performance management, and overall employee development.
Reza Shirin, the company's HR Manager, highlighted the development and implementation of various human resource management systems in recent years.
These include guidelines, regulations, and procedures such as training regulations, work discipline protocols, employee relations and social work methods, CSR policies, performance management systems, competency models, and behavioral code guides.
Shirin noted that the current compensation system has been reviewed by a dedicated task force to ensure it aligns with the company's strategic emphasis on human capital as a key asset and sustainable competitive advantage. Additionally, the recruitment policy is being updated to prioritize hiring based on both theoretical and practical competencies, with a focus on attracting top talent.
The HR department has also been diligent in onboarding new employees and managing compensation through both monetary and non-monetary methods.
This structured approach includes assessing the workforce to identify hiring needs and creating comprehensive plans for horizontal and vertical employee growth, talent management, succession planning, and performance evaluation.
Shirin revealed that the design and implementation of a competency model began last year. Updating performance evaluation metrics and developing individual development plans for employees are also among the department’s recent initiatives.
He stressed the importance of employee training and development in achieving organizational goals. A training instruction manual has been developed, and based on annual needs assessments, an educational calendar is in place to provide necessary training for employees, continuing the practice from previous years.
Recognizing the direct impact of employees' physical and mental health on their productivity, Shirin outlined several key health initiatives.
These include annual medical check-ups with comprehensive health records, high-quality supplementary insurance, and the availability of on-site medical staff. These measures aim to enhance employee well-being, which in turn boosts organizational productivity.
Additionally, Shirin mentioned efforts to support employees, particularly those in operational areas and vulnerable groups, through appropriate welfare packages.
This is part of a broader initiative supported by the CEO and the labor relations and social work unit to improve living conditions and address employee concerns while maintaining human dignity.
Finally, Shirin noted the redesign of the organizational structure and job descriptions, culminating in the creation of a job evaluation handbook, as part of the ongoing efforts to optimize HR processes at PetroIran.