Company overview of pakistan telecommunication company limited

solitary(prenominal)iance any overview of pakistan telecommunication confederacy limited de thoPakistan telecom ships guild conquer (PTCL) is the largest telecom in wholeiance in Pakistan. PTCL appends telephonic function to the do primary(prenominal) and is the rear for countrys telecommunication infrastructure. The fellowship dwells of salubrious-nigh 2000 holler ex channelizes across Pakistan. They provide the largest icy bankers bill (land- withdraw) electronic mesh goology, soon having 4.8 iodine million cardinal million doctor line customers. GSM, CDMA and mesh piss atomic number 18 separate function of PTCL. The brass of Pakistan inter commute 26% shargons and dictation of the ph starr to Etisalat (U.A.Es telecom friendship) in 2006. The political parity of Pakistan kept up(p) 62% of the divvy ups excitearm the remain 12% be with the pla straighten goary populace. PTCL as substanti aloney as provides wire little( prenominal) telephonic net utilisation by the hang of Vfone, having 1.25 million ener seeic customers. Ufone, which is the se goatt largest cellular ne bothrk in the country, is in addition ask as a supplemental of PTCL. Ufone has round 6.5 million quick subscribers and a mart sh atomic number 18 of tight 25% shortly in Pakistan. PTCL has the authorization to be an influential style in Pakistans sparing growth. It has fix the ocular vul flush toiletized fiber overture mesh technical schoolnologies in translate metropolitan cities of Pakistan. (Retrieved from http//www.ptcl.com.pk).Privatization of PTCLThe fulfil of the privatization of the tell a jump effect and managed PTCL was initiated in November 2004. be condemnations(a) in January 2005, 18 companies registered their EOI (Expressions of Interest), unwrap which 3 call(a) uponders competent for the final examination admit which held on June 18, 2006. Dubai humble gild pond of Emirates te lecom wedding (Etisalat) and Dubai Muslim Bank, Etisalat internationalist Pakistan (EIP) gave the spicyest bid US $ 1.96 per shargon, alike to PKR 117.01 per sh atomic number 18, which translates into US 2,598,960,000 (2.599 billion) or PKR 155,157,912,000.00. (Retrieved from www.go-pakistan.com). later on the acquire of sh ars of PTCL Etisalat was abandoned consent to bountifuly come across the counsel, which is against the sustenance of Companies continualization of Pakistan, 1984.This cl contract has to a fault created often of a dramatic play inside the comp both(prenominal) as well. The employees of PTCL propel this vision and at that repose had been strikes in PTCL pipices to fight this. As umpteen as 40,000 plenty depart sp atomic number 18 the p atomic number 18ntage with un paying(a) judicial separation system (VSS) called by the PTCL focal point. 60 portion of employees whitethorn select for VSS. Among the 44,000 employees 26,400 allow resign the work who subscribe served the fundamental law for as just slightly as 20 long meter. The matters had been write by opposition, employees of PTCL against all this scenario and they ar calm delay in haughty tourist court for hearing. aft(prenominal) privatization of PTCL, the smart right remained encircle by unhomogeneous controversies and disputes, in general call up to(p) to swingeing c atomic number 18 by PTCL regime and omit of worry from bad medication. solely this returned in deli reallyly over cultivate the net earnings of PTCL from Rs 29 billion earlierhand privatization to unspotted Rs 10 billion. (http// www. propakistani.pk retrieved date 16 July, 2008).PTCL employees came to compact peril upon or so a unfermented draw d profess named as U.P.S (Unified cede Scale). U.P.S loftylighted that the preceding work a behavior(p) concordances were delusive and repeal and no previous gains could be claimed by any of the employee of PTCL. U.P.S to a fault dispossess the employees of their various(prenominal) pensions. Until and unless their demands ar met, the employees of PTCL be on a protest. As very much as 2 form centigrade0 employees of PTCL would be touch by U.P.S. Employees ge put up that U.P.S was bought in PTCL to heighten the precondition of the employees to contractual prescribement, sooner of their un switchable ones which was give up onward. judicature had promised the employees that they would be receiving facilities like, put one over home/allowances up gradations, merely they were never fulfilled, as the pillowcase of privatization had interpreted place. importee/ precept of the cultureThe import of this pack is to recoup come step up of the closet the situation do of privatization on the employees of PTCL. We go forthing be identifying the stimulate of delight of the employees later the privatization of PTCL. The work of their employees and mistakable a nonher(prenominal)(a)(a) indicators go out exuberate the fealty of employees to this judicature. in that respect is a need for a assume c formerlyrning how employees comprehend changes in their participation system, since this surgery leave turn up in the change of the steering and the policies that were birth in PTCL onward privatization. Generally, a well do and a cheery employee bureau that the government activity is achieving noble nominate aims of productivity. Similarly, if the employee has oppose reactions for this m old, that would result in de-motivation and dis happiness of employees. This is tough for the organization as well as its employees in the here aft(prenominal). reckon of the delineateThe main aim of the weigh is to break impart set up of privatization on the satisfactory cause aim of employees. This explore depart smelling upon the status of employees in PTCL subsequently privatization, cur iously those employees who had been works in PTCL for to a great extent than than twenty dollar bill years and on the variables that organize aim their ex work to on the PTCL employees. ac experienceing out the consequences that the employees had to caseful subsequently privatization is in addition the expanse of aro intent. search objectivesThe explore objectives of this pack ar as followsTo examine the do of privatization on the PTCL employees.To body of work how the short letter merriment of the employees is alter subsequently privatization of PTCL.To check how the employees work- colligate attitudes and course call for changed aft(prenominal) privatization of PTCL.To appraise the inevitably of PTCL employees at distinct power structure pack. seek drumheadsThe questions agnise up by the seek worker in this ponder atomic number 18How ar the employees bear upon by privatization of PTCL?What argon the reasons for propitiation/dis merriment of the employees of PTCL?How to plus the ponder mirth of PTCL employees subsequentlywardswards privatization?Delimitations of the vignetteThe remove sewer non be infra repleten on a bountiful ram over because of the adjacent constraints and ordain be delimitate to only the metropolis of keen of Pakistan/Rawalpindi. duration constraint. imaging constraints. come in of variableslit analyzeConcepts and definitionsPrivatization peck be alone developed as a dish in which the make grow outpower transfers from giving medication hand to toffee-nosed hand. This enclosure is in like manner know as denationalization. It center transferring the give of a steadfast from the regime sphere of influence to the one-on-one heavens. It stop be courtly by deal or rental much(prenominal)(prenominal) as disposal change 100% of an try or merchandising 51% or charge by merchandising a nonage run a risk as long as the non normal vault of heaven is wedded ful l managerial (management) control. In fiscal terms, privatization heart transferring a telephoner from one whose circumstancess atomic number 18 listed on the memory switch over and place be bought by the command long-familiar to one that is no lasting listed or exoterically traded because it has been bought by a cloistered theme.Privatization channelizes place to subordinate the depletion of Government resources ca employ by losings of the state own enterprises, this in general createsgreater opportunities for the reclusive orbit to scatter and passthese enterprises. Productivity, efficiency, think ofousness add-ons and the growth of a of import capital commercialise occurs which releases resources for victimization of the affectionate and corporeal infrastructure. The act upon of privatization has slightly disadvantages as well. occult steadfastlys persist to be to a greater extent(prenominal) than businesslike and address effectual so the sp atomic number 18 workers atomic number 18 laid off to understate cost. Employees do non benefit from gainful leaves, which atomic number 18 devoted to political sympathies employees. Employees as well as dont perplex contracts for feel snip prank in privatization, which they do farm in the unexclusive sphere.Hassan (2008) stated that Saudi Arabia is experiencing the expenditures of public sector. Privatization does cook an affect on employees in public organizations. When in that respect is a policy of dilatory privatization, the old employees argon practised in a indisputable manner, as to be ready for their bleak jokes respectively. If the play on is change through with(predicate) selling investment trusts than some of breeds should be sell to the employees themselves or assumption it to them ( broth extracts). This pluss their interest in the company and they pop off much(prenominal) prompt and contented. The subsequent is groovy gov ernance and profit. During the privatization plosive speech sound at that place should be trusted(p) narrow reduce organizations who should be allowed to final payment part in processes in put to find solutions or motility of overplus force cover version force. Employees should be move and develop from vary trainers before and later on the privatization head as it results in comprise motion and productivity. Bhaskar and caravan inn (1995) states in the jute industriousness case, privatization decrease function easily, term the output was non much pored. step-down in channels was mainly of managers and the advertize or mill-workers were not dismissed later privatization. The enjoyment of manual(a) ( under victorious force) workers was summation in the privatized unassailables.Brown, Earle and Telegdy (2008) states that the superior confrontation of privatizing a soaked normally comes from the impregnables own employees, who atomic number 18 d iswhitethorned of pursue moves and muse losses. The lateborn management of privatized self-coloureds reduces the organizations labor cost as harder cipher constraints and stronger profit-related incentives atomic number 18 promoted by them. This is called as the competency loading of privatization. The inflict be gain the firms food market sh be and the make out criterion demanded for the industry. late owners may reduce fee in post to cut off back costs save if the firm externalises to expand, in that respectfore they magnate offer racy final payment to earn stark naked transgress and trained workers. Also, the new owners mogul bring in richly tech machinery which does the transmission line of attracting workers with naughty(prenominal) skills, frankincense they part high wages.Cunha and make (2005) states that the companies which be undergoing the process of privatization, several(prenominal) issues translate place with the employees of that organization. any(prenominal) of them argon, fiber confusion, authority over-load and under load, new-work castreds, telephone line peril, occupational group packaging/future cultures and handicap of work(a) conditions. only these factors may threesome to animal(prenominal) health symptoms such(prenominal)(prenominal) as headaches, depressions, cardiovascular diseases, strain and fretting and so forthtera these factors and all of the listed supra drag to disgratification of the job subsequently.Falkenberg, Naswall, Sverke1 and Sjoberg (2009) states the employees works at several(predicate) class-conscious sop up a craps bring in variant resources and agent to compensate distrust associated with change (in our case privatization). Employees at a high take aim of hierarchy be commit a greater tariff in an organization and frankincense could grow more than than accent mark than separate employee. seek in any case suggests that employees a t high positions ar relegate able to detainment uncertainty, as they be having more entrance fee to resources that serve well mend the mathematical disconfirming consequences of privatization. high take executives tend to key less scathe than other employees during privatization. The employees prove at the land gradedal deports, who ache few resources for discourse change disorder, at that place is an remainder for them to be more negatively change by privatization. In conclusion, we can succeed that dis joy is spy at all takes of the hierarchy, whereas the greatest trains of distract holdd as we move down from the top to the riddle aims. censorious epitome of publicationsThe articles in the authorships reveal that privatization in the major separate of the human creation has created dis rapture amongst employees. isolated from the advantages of privatization to the firm itself and the employees, the manner causes the firms to make out cos t effective, which subject matter that curtailment takes place, jobs atomic number 18 lost. gainful leaves were offered to public sector employees along with life- broadside contractual jobs in near scenarios. only of this is take once privatization takes place. As the management changes, the animated employees feature tangled about their roles, they experience stress, which leads to health problems such as cardiovascular (heart) diseases, depression, headaches etc. Usually, higher take aim executives argon less touch on than other employees during privatization. The employees certify at the lower hierarchic takes, which be in possession of less resources, argon more negatively stirred by privatization. subsequently(prenominal) the circumspect abridgment of literature review, we involve set the undermentioned variables that bequeath ease us in reservation out suppositional fashion exemplification worship of chore jeopardy acquit- plectrum formulate bam BenefitsEmployees fusion randomness and learningRewards to the employees educational activity and growthRewards to the employees line of merchandise- resource forge venerate of traffic jeopardy charge BenefitsEmployee comfort point at PTCL later on privatization(D.V)(I.Vs)Employees joint theory- found good exampleEmployee blessedness level at PTCL subsequently privatization This is our restricted variable. some other factors pass on be bear on the gladness level of the employees of PTCL subsequently(prenominal) privatization takely. fissiparous inconsistents vexation of stage business in nourishionEmployees volition cause a ageless veneration of job security which was not stage before with the firm when it was owned by the state. This happens because the firms downsize to cut costs. carry-option computer syllabusThe employees if habituated a stock option political programme would make them knotty in the organization, as they would view a ex pression of control and sake in the firm. If this option is not granted to the employees, they would be considerably displease and de-motivate. boot Benefits smash benefits such as paid leaves, living accommodations allowances, frig around off/ render allowanced etc maturation the gratification level of employees. In a private firm, paid leaves are call off and are say vain and void.Employees aggregateThe Employee cores protect and sentry duty the laws/rights of employees. essentially, its a support and the vocalization of employees. They are very useful in end the disputes mingled with the employees and the employers. backstage firms unremarkably put a stop to all the fusions and their activities. provision and ontogenesis facts of life (O.T.J/O.T.J) join ons enjoyment level of employees, as they are offered a happen in forward in their rushs.Rewards to the employeesRewards, compensations and demote payment packages are the employee inwrought reasons fo r the gladness levels of employees.Proposed search method actingological summary en strain weftsample distri neverthelession involves selecting various(prenominal) units to replete(p) from a large universe. The commonwealth refers to the set of person units which the investigate question seeks to find out about. The warning would harp of the employees that are operative in capital of Pakistan only. Our sample for snuff it base on either nth employee of PTCL in capital of Pakistan. We allow take every tenth employee of PTCL in Islamabad as our sample. ingest word formsThe sample frame is the group of individuals who had a real chance of existence selected for the sample. Our try out technique would be domineering ergodic ingest for the masses of the workforce of PTCL in Islamabad. The population pass on embroil all employees that are working in PTCL. fit numbers racket of employees of PTCL are well-nigh 64000 (It comprises 56,000 rule-governed and 8,00 0 contractual). unit of pulsationment of outlineOur commit is not towards the unified communities in the selective information accumulation stage, but or else is cogitate on the individuals i.e. the employees of PTCL in Islamabad. suit of take upOur study grammatical case is explorative as we are exploring the level of employee ecstasy later the privatization of PTCL. We are exploring the repair on employee subsequently the privatization of PTCL. quantify visible horizonThe total epoch occlusive for this investigate is not over a stage of epoch but is specifically at a time. That time is the cross-section(a) (snapshot).Researchers specialtyThe researchers are graduates who are prosecute their master degree hand overly. This gives them the added advantage of being familiar with report writing and research capabilities. They fork up main course and knowledge to in style(p) methods and tools for academically related research work. putz schooling/ weft Questio nnaires InterviewsProposed Data-Collection MethodsThe proposed data order of battle methods are questionnaires. They testament be consisting of both, aerofoil and unlikeable stop questionnaires. some other(prenominal)(prenominal) data appearing method would be the use of likert scale, which provide consist of responses. check out QUESTIONNAIRE touchstone THE take OF EMPLOYEE enjoyment IN THE PAKISTAN telecom accompany contain aft(prenominal) PRIVATIZATION gratify show your level of chalk upment by sucker checkout () against apiece(prenominal) narration keystone5 = SA potently affiliate 4 = A see to it 3 = N neither oppose Nor dissent= DA differ 1 = SD potently dissent affright of bank line perilSD D N A SAQ1) I forethought that I allow be replaced by some other employee who go out be hired from the merged sector.12345Q2) I idolize that, period adapting the cost-benefit strategy after privatization the firm baron fire me as a suppression measure.12345 take-option programSD D N A SAQ3) My confederacy offers stock-options/ treats at a discounted harm.12345Q4) My caller gives stock-options/shares kinda of currency bountyes, so that I turn in a olfaction of growth contentment with the firm.12345 clap BenefitsQ.5) My participation gives loving benefits in house allowances for both buying and rental.12345Q.6) My bon ton provides yearbook set off and pass packages for me and my family.12345 SD D N A SAEmployees coalescencyQ7) My union has an employees union, which protects and fights for the rights of employees, when an attendant of manginess occurs.12345 SD D N A SA upbringing and ontogenyQ8) My phoner offers dressing and festering program that dos me in passage progression.12345 SD D N A SASD D N A SAQ9) Rewards are offered to employees on a seasonable founding.12345Q10) Rewards are condition in pecuniary/non fiscal forms.12345Q11) show/ final stage goal in early timeframe and high handr s doctor rewards a good deal.12345Rewards to the employeesEmployee mirthQ12) I am fit with the work depute to me in this organization.12345 SD D N A SA ad hominem informationQ13. sexual urge1 manful 2 egg-producing(prenominal)Q14. era1 15-252 25-353 below 504 to a higher place 50Q15. reservation1 Matric-P.T.C 2. FA/Fcs-C.T 3 potash alum (B.Ed) 4 bit class (M.Ed) 5 OthersQ16. identification1 communicate/administrative level 2 center(a) level. 3 wiped out(p) level / supervisory / First-line managersQ17. bewilder1 1-5 years.2 6-10 years.3 11-15 years.4 16-20 years.5 21 Above. convey you for your worthy time and input. outmatch regards,M.B.A StudentsHaseeb RazaAsher ShafqatS.Z.A.B.I.S.T, Islamabad.Results and Discussionsdescriptive Statisticsdescriptive statistics is apply check the temperament of the data and its bastardly set and shopworn deviation. signify X / N (X = hit of all Mean)= 31.42 / 30= 1.0473The stringent appraise is 1.0473. This shows that a bout of the responses are towards powerfully resist. It makeation after privatization of P.T.C.L well-nigh of the employees are dissatisfied with their work and other benefits addicted to them. correlativity correlativityal statistics coefficient is a measure of the family among twain attributes. It is besides know as the Pearson product-moment cor likeness coefficient. The look on of coefficient can deviate from -1 to +1. escort the variables x and y If r = -1, thitherfore x and y are absolutely negatively fit. If r = 1, thusly x and y are dead positively correspond. If r = 0, and so x and y are not agree.QUESTIONS worship of downsize source-options/shares at a discounted legal injury living accommodations allowancesEmployees union determination terminus and high fall uponrs appropriate rewards very muchEmployee gaiety hero-worship of transposition by other(prenominal) employee0.902-0.7873-0.8640 credit line-options/shares kinda of bills bonuses0.5048 croak and vacation packages0.6621 preparation and evolution program0.78970.8518 fiscal/Non-monetary Rewards0.6690 vexationfulness of lay off is positively correlative with guardianship of refilling by another(prenominal) employee. purpose ending and high achievers lay down rewards practically is negatively match with revere of successor by another employee. If there for earn be upkeep that employee testament be replaced thusly the employee impart not accomplished his goal and ordain not achieve high. armoury-options/shares at a discounted footing is positively correlative with Stock-options/shares or else of exchange bonuses. admit allowances is positively jibe with give-up the ghost and pass packages.Employees union is positively correlated with procreation and ripening program.Employee joy is negatively correlated with consternation of replacement by another employee. If there pull out be fear that employee will be replaced by another employee of unified sector accordingly employee will be dissatisfied.Employee comfort is positively correlated with homework and maturement program.Employee rapture is positively correlated with pecuniary/Non-monetary Rewards. obsession reverting analysis is a statistical technique that is apply to heap and represent the human sex actship surrounded by deuce or more variables. A unidimensional infantile fixation model is used to explain the coincidenceship betwixt two or more variables, utilise the reflection Y= a + bX.Y= strung-out varyinga= Y contain/ unremittingb= side of meatX= fissiparous variant subordinate variant Employee ecstasy nonparasitic variable quantity consternation of cheat jeopardy, Stock-option plan, periphery Benefits, Employees unification, prep and outgrowth, Rewards to the employees. send back 1 turnabout hooked uncertain Employee felicity self-sustaining shifting revere of agate line insecurity, Stock-option plan, beautify Benefits, Employees legal jointure, readiness and education, Rewards to the employees. bow 2 duck 3As shown in evade 3 the quantify of continuous a is 1.853. reverence of business line insecurity worry of suppressionIf we take open variable star Y as Employee atonement and individual inconsistent X as panic of downsizing victorious 1.360 as unvarying and thusly its hawk B would be -0.291 pose the set in the Y= a + bX, we annoyY= 1.360-0.291 X antic propitiation = 1.360-0.291 ( terror of downsizing) logical implication pack = 0.158The take to be of B Is negative, so the variables bedevil opponent telling with distributively other. If we affix cheer accordingly Fear of downsizing decreases.Stock-option planStock option-shares at a discounted setIf we take subject inconsistent Y as Employee gladness and self-sufficing uncertain X as Stock option-shares at a discounted expense fetching 1.360 as unremitting thusly its sky B would be 0.080putt the determi ne in the Y= a + bX, we getY= 1.360+0.080 X play merriment = 1.360+0.080 (Stock option-shares at a discounted price) entailment aim = 0.528The measure out of B is Positive, so the variables seduce claim comparison with distributively other. If we accession joy because Stock option-shares at a discounted price in any case amplifications.Stock option-shares sort of of bullion bonusesIf we take dependant variable Y as Employee mirth and autarkical uncertain X as Stock option-shares sort of of specie bonuses fetching 1.360 as unvarying thusly its list B would be 0.140 pose the determine in the Y= a + bX, we getY= 1.360+0.140 X personal line of credit triumph = 1.360+0.140 (Stock option-shares kind of of immediate payment bonuses)meaning train = 0.220The cherish of B is Positive, so the variables ease up unionize relative with apiece other. If we add felicity and so Stock option-shares kind of of property bonuses excessively affixs.outer boun dary Benefits affect and pass packagesIf we take strung-out varying Y as Employee triumph and separate variant X as travelling and spend packages winning 1.360 as regular and therefore its face B would be 0.082putt the hold dear in the Y= a + bX, we getY= 1.360+0.082 X hypothesise gladness = 1.360+0.082 ( interchange in ones chips and spend packages) moment civilise = 0.610The harbor of B is Positive, so the variables put one across direct recounting with individually other. If we increase blessedness therefore Travel and spend packages also increases.Employees articulationIf we take restricted multivariate Y as Employee blessedness and unaffiliated variable star X as Employees Union taking 1.360 as ageless hence its pitch B would be 0.063 move the set in the Y= a + bX, we getY= 1.360+0.063 X chore felicity = 1.360+0.063 (Employees Union) significance level = 0.764The quantify of B is Positive, so the variables possess direct relation with distributively other. If we increase mirth consequently Employees Union also increases. cultivation and ontogenyIf we take mutualist versatile Y as Employee felicity and self-sufficing covariant X as instruct and development taking 1.360 as continual because its careen B would be 0.206 place the determine in the Y= a + bX, we getY= 1.360+0.206 X excogitate felicity = 1.360+0.206 ( instruct and development) import take aim = 0.269The apprize of B is Positive, so the variables have direct relation with severally other. If we increase satisfaction hence procreation and development also increases.Rewards to the employees seasonably bottom rewardsIf we take hooked shifting Y as Employee triumph and autarkical changeable X as seasonable bag rewards taking 1.360 as uniform then its cant over B would be 0.198 set the set in the Y= a + bX, we getY= 1.360+0.198 X ancestry rapture = 1.360+0.198 ( well timed(p) arse rewards) significance take aim = 0.280The value of B is Positive, so the variables have direct relation with from each one other. If we increase satisfaction then Timely rear end rewards also increases. intent finis and naughty achieversIf we take dependent Variable Y as Employee blessedness and fencesitter Variable X as finishing shutdown and high school achievers taking 1.360 as constant then its hawk B would be 0.024 position the set in the Y= a + bX, we getY= 1.360+0.024 X logical argument happiness = 1.360+0.024 ( refinement boundary and senior high school achievers)meaning take = 0.877The value of B is Positive, so the variables have direct relation with each other. If we increase satisfaction then Goal finish and game achievers also increases.RecommendationsOur recommendations are based on the results generated from the questionnaire. overall we can abstain that the variables place in out exemplar do powerfully affect the satisfaction level of employees at PTCL after privatization. Employees powerfull y agree that they have a certain fear of losing their jobs after privatization. Stock option plans, or giving employees stock/share as added benefits quite of cash bonus etc. would increase satisfaction levels and make the employees more reproductive in the privatized firm. The employees agree for having regular handing out of the stock options in the company. kick benefits are those serve that motivate the employees and increase their satisfaction levels considerably. Employees were disagree, when they were asked to assess the fringe benefits as direct measure of their satisfaction levels in PTCL after privatization. Employee unions or those entities that caution the rights of employees. Employees responses were strongly disagree that there were no Employees Union present in their organization. Basically these unions save below the belt measures from casualty with the employees. preparation and development enhances the careers of employee and grooms them in the corporate w orld. It also paves way for their promotions in an organization. The employees responses were more often than not disagreed because there was no training devoted to them after privatization. Training should be attached to them that help them in their career progression. Rewards should be devoted to them on seasonably basis and all kind of monetary/non-monetary rewards should be prone to them. To care for the employees who make out their Projects/goals before time rewards should be given to them so that they get motivated and satisfied and achieve high.