PTCL announces voluntary separation scheme

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Staff Reporter

Islamabad—PTCL Management, Monday, announced a Voluntary Separation Scheme (VSS) for its employees. The scheme offers an even more attractive package than the previous schemes. It has been designed based on the feedback of employees, and will be highly beneficial for those who opt for it. Effective November 28, 2016, the scheme is expected to be availed by around 3000 employees.
Speaking on the occasion, Syed Mazhar Hussain, Chief Human Resource Officer PTCL, said: “The previous Voluntary Separation Scheme was greatly appreciated by employees as it offered a very lucrative package. In the last Scheme of 2014, we could not relieve all the employees who opted for this scheme, since business could not let go of such a sizable employee base at once, and risk stalling operations. However, with the successes reaped from the previous schemes and improved company performance, PTCL is now in a better position to offer this scheme to around 9,000 employees and can manage to relieve around 3,000 employees”.
As the largest telecommunications provider in the country, PTCL strives to be the best in class and works continuously in improving to attaining the market standing. VSS is just one small step in that vision of being a leading service provider. “In addition to an attractive package of up to 100 basic salaries and several other financial benefits, PTCL will also arrange vocational training and recruitment support.