A Descriptive study on Effectiveness of Standardizing HR Policies at TULLOW Oil Company (CD)

Abstract

The present study carried out by the researcher was an attempt to examine the effects of standardizing Human Resource practices in M/s Tullow. It is an oil exploration company currently operating in 23 countries having more than 250 employees. The company is currently in the phase of standardizing its policies and has started to roll out the One Tullow Policy. The researcher has tried to analyze the views of the employees and management to understand the effectiveness of standardizing HR practices. The study carried out by the researcher is descriptive in nature. Both primary & secondary data were collected for this research. The primary data was collected through interviews and questionnaires. Collected data was tabulated and frequency tables and pie charts were created. As per the results of questionnaires the company employees have mixed ideas about the new policy being rolled out. They were not much satisfied with former local HRM practices. They are of the view that human resource functions such as training, performance appraisal and compensation should be improved and standardized globally. Majori ty of the respondents were of the view that new policy will lead to higher organizational productivity. From the above findings it is recommended that employees need to be educated and trained about the new policy through introduction of employee handbook, training etc. so as to help them overcome the fear of change by understanding the policies of standardization. Their main areas of concern like salaries, trainings should also be addressed to keep them motivated and help them understand the true spirit of the new policy. It is concluded that the new policy should be introduced and the employees should be educated about the new policy so that they understand the actual benefits of this policy and lead to an increased productivity in the organization.