Status of personnel in corporate structure - an empirical study
Abstract
An analysis of the annual reports of the top 150 companies, as rated by Economic Times,
in 1975 was done to identify those companies that were having personnel departments.
Further analysis was done on the basis of the industry and sector (public/private), classi
fication. The remuneration of the personnel employees in terms of Sec. 217(2A) of the
Companies Act category was compared to those in other functional areas, again by in
dustries and sectors. While the public sector had more number of employees, they were
paid less than their private sector counterparts. Another finding was that personnel em
ployees were paid as much as, if not more than, their counterparts in other areas. The
designations used and the educational profile of the personnel officers were also studied.
Correlations were also made in respect of the total wages, sales, profits, and remunera
tion of all the 217(2A) category employees and personnel employees. The personnel func
tion is recognized and given a distinct identity and status in the majority of the com
panies. The remuneration of personnel employees is on par, if not greater, in some cases
than other non-personnel employees.
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