Business Standard reported that the state run Coal India Ltd is all set for a massive recruitment drive next year and will recruit more than 2,100 executives in 2012, after hiring above 1,200 this year.

The company, which was staring at a manpower shortage was earlier looking to induct 1,500 each for next three years through means of departmental promotions, open selection and campus recruitments.

Mr R Mohandas director of personnel and industrial relations of CIL said that “We have recruited 810 executives in 2011 through open recruitment and another 420 through campus placements. In 2012, our plan to induct 1,000 through open advertisement and another 1,100 through campus placements.”

Mr Mohandas added that “Our attrition rate is not too high at 7%, but nearly 750 to 800 officials retire every year, which is a big issue. We cannot take all at one go also.”

The manpower gap in executive level was around 4,000 in the firm. As of November 2011, the company’s executive wing comprised of about 17,829 officials, out of the total 375,337 employees which included supervisors and workmen, who were numbered at 34,397 and 323,111 simultaneously. The new openings are for various divisions including human resources, finance, marketing and sales.

(Sourced from BS)