Karachi Electric Supply Company has stated that over 3,000 non-core employees have already accepted the Voluntary Separation Scheme while the remaining over 1,000 have started availing this scheme in the final round.
KESC said that the utility is exclusively focusing on its core functions of power generation, transmission and distribution while the non-core functions have been outsourced to third party service providers, as done by other utilities like PSO, SSGC etc, to create extra headcount and financial space for core functions.
KESC stated that the market-based VSS involved pay-out of approximately Rs six billion to 4,500 redundant employees of non-core functions was offered in December 2010. This offered a handsome amount to each of the departing non-core employees. This offer was in line with KESC policy of undertaking generous initiatives for low-paid employees already in progress.
It said that a total of 5,700 contractual employees were regularised during May and June 2010. Total impact of medical benefits, salary increments in terms of cash outflow stood at Rs 60 million per month. Meanwhile, KESC Medical served around 66,369 persons, including 17,113 employees plus 49,266 dependants, and total medical expenditure for the current year was estimated at Rs 410 million.-PR
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